Takeover boss loses bank claim
FINANCIER Amanda Staveley has lost her High Court battle with Barclays who she sued for millions after claiming they made “false representations”.
The businesswoman known for being a broker in takeovers at Manchester City and Newcastle United alleged the banking giant cost her private equity firm up to £830million.
Ms Staveley, 47, made complaints about Barclays’ conduct during the financial crisis in 2008. She said it agreed to provide an unsecured £2billion loan to Qatari investors but alleged it was concealed from the market, shareholders and her company PCP Capital Partners.
She said PCP was induced to invest on “manifestly worse terms” than Qatari investors due to the “false representations”.
Barclays disputed her allegations, saying she had a “tendency to exaggerate”, and Mr JusticeWaksman ruled against her yesterday.
A TOWERING bouncer who delivered a fatal “one-punch” blow to a reveller used “excessive force” to hit his victim, a trial has heard.
Paul Wallington, 25, died after suffering a fractured skull when he was allegedly knocked to the ground by 6ft 8in LeslieWiseman in the early hours of Christmas Day 2018.
MrWallington died four days later in hospital but Wiseman denies one count of manslaughter.
The 31-year-old of Eastwood, Essex, told Basildon Crown Court he acted in self-defence outside The Vine bar in Brentwood, Essex.
Two witnesses recalled seeingWiseman use “excessive force” to punch the man “as hard as he could”.
One told the court: “There were two bouncers and one was particularly tall. The taller bouncer punched the victim in the right cheek with a closed fist.
“He leant back a bit and I could see anger and irritation in the bouncer’s face.”
The trial continues.