Barclays bank failed to properly advise a former Dewey & Leboeuf partner on the financial health of the firm when it provided him with a $486,000 (£291,000) capital loan in 2010, the High Court has been told. Charles Landgraf, the former head of the defunct US firm's Washington DC office, has also alleged the lender made misrepresentations at the time of the loan. The counterclaim was made as Barclays sought a summary jud
March 04, 2014 at 06:43 AM
1 minute read
The original version of this story was published on Legalweek
Barclays failed to properly advise a former Dewey & Leboeuf partner on the financial health of the firm when it provided him with a $486,000 (£291,000) capital loan in 2010, the High Court has been told.
Charles Landgraf, the former head of the defunct US firm’s Washington DC office, has also alleged the lender made misrepresentations at the time of the loan.
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