NatWest Customer Can't Appeal Loss In Markets Rigging Suit

Law360, London (July 21, 2020, 6:28 PM BST) -- A London judge has blocked the owners of a luxury travel business from directly challenging his dismissal of their £8 million ($10.2 million) lawsuit against NatWest over an interest-rate rigging scandal, rejecting the claims because they were filed 13 days late.

Chief Master Matthew Marsh refused an application by Boyse (International) Ltd. — a trust holding property investments for the owners of Best At Travel — to appeal findings that its High Court lawsuit, seeking compensation from the lender connected to two commercial real estate properties, fell outside a six-year statute of limitations.

However, the master said the trust company could...

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