Reinsurer To Sue Rothschild, Barclays Over Failed Merger Bid

Law360, London (January 30, 2019, 4:29 PM GMT) -- French reinsurer Scor SE has filed a fraud claim against Barclays PLC at a court in London and threatened legal action against a rival, after a planned €8.2 billion ($9.4 billion) merger of the two insurance companies turned sour.

Barclays is being sued for commercial fraud at the High Court in London by a French reinsurer after its planned €8.2 billion ($9.4 billion) merger with another insurance company soured. (AP) Scor launched a commercial fraud suit against Barclays at the High Court in London on Tuesday, although the documents were not immediately available. And the reinsurer said in a statement on the same day...

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!