Application by the claimants, some nine weeks before the trial, to adduce expert evidence from a derivatives expert, the intention or the purpose of which is to support the claimants’ case that the relevant interest fixing arrangement under the loan agreement between the parties was in truth a swap, which was therefore required to comply with FSA rules and regulations in a manner with which the claimants submit the bank has failed to comply.
Citations:
[2013] EWHC 4282 (QB)
Links:
Jurisdiction:
England and Wales
Financial Services
Updated: 23 November 2022; Ref: scu.520900