Clydesdale Bank, Property Investor Pursue Talks Again

Law360, London (December 20, 2019, 10:06 PM GMT) -- A London judge gave a property investment company another opportunity to pursue settlement talks with Clydesdale Bank over allegations the bank threatened to withdraw more than £5 million ($6.5 million) of loans.

High Court Judge Andrew Baker put the proceedings on hold until Jan. 24 so "that the parties may engage in correspondence and/or negotiation and/or otherwise with a view to settling the claim or narrowing the issues between them," noting in his Dec. 18 public order that the parties had agreed to the stay.

The suit by Milton Ashbury Ltd., first filed in April 2018, claims the bank tricked and...

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!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!