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LIBOR case transferred to Financial List despite need for new judge
A claim against Royal Bank of Scotland, including allegations of rigging the LIBOR rate, has been transferred to the ‘financial list’ even though the move means bringing in a new judge. Sir Terence said a specialist judge was needed to ensure the ruling had “weight and respect” in the market.
Financial list for cases over £50m working well, Mr Justice Blair says
The ‘financial list’ launched by the High Court in October last year for claims linked to the financial markets and worth over £50m is “operating well”, Mr Justice Blair has said. Blair J said there were 10 cases in the list by the end of last year.
