Barclays' Lawyers Wouldn't Touch Qatar Fee Deal, PCP Says

Law360, London (October 12, 2020, 2:12 PM BST) -- The failure by Barclays to call its lawyers at a civil fraud trial to endorse £342 million ($445 million) in services fees paid to Qatar during the financial crisis suggests the bank knew those deals were toxic and dishonest, a lawyer for a private equity company told a court on Monday.

The decision by Barclays not to rely on legal professionals "is not evidence of honest conduct," a lawyer for a private equity company has told a court. (AP Photo/Seth Wenig) Joe Smouha QC, representing private equity firm PCP Capital Partners, told Judge David Waksman in closing arguments at the High Court trial...

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