Clyde & Co. Won't Face Negligence Suit After Earlier Deal
By Sophia Dourou (June 21, 2022, 4:50 PM BST) -- An appellate court declined on Tuesday to revive a storage company's negligence claims against Deloitte partners and Clyde & Co. LLP, finding that a settlement with Barclays following a dispute over wrongly sold swaps protected them from later litigation.
The Court of Appeal has decided that a 2015 agreement between Rhino Enterprises and Barclays released both Clyde & Co. and Deloitte financial advisers from any further claims being brought against them. (Mike Kemp/In Pictures via Getty Images) The Court of Appeal decided that a 2015 agreement between Rhino Enterprises Properties Ltd. and Barclays released both the law firm and financial advisers...
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