Banks Can Be Anonymous In Credit Suisse's £239M Tax Suit

Law360, London (January 29, 2019, 8:44 PM GMT) -- After complaints by two undisclosed banks, a London judge has shielded certain companies in Credit Suisse's £239 million ($314 million) lawsuit claiming British taxes on bank bonuses imposed in the aftermath of the financial crisis violated European state aid rules. 

Chief Master Matthew Marsh ordered that all non-taxable banks appearing on a spreadsheet produced by Her Majesty's Revenue and Customs are to be redacted from the document, according to an order filed Jan. 24. 

Meanwhile, employees for taxable banks that did not pay out bonuses over £25,000 are deemed "not relevant" by the Finance Act of 2010 and may also be redacted, according to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS