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Barclays Bank Ltd v W J Simms, Son and Cooke (Southern) Ltd [1980] 1 QB 677, [1979] 3 All ER 522 was a decision of the High Court of Justice relating to the recovery of a payment mistakenly made by a bank after the customer had countermanded the cheque. [1]
When it received the request, the bank replied that it would abide. But due to "operator error", the customer proceeded to empty all of the money from the account. Customs and Excise sued Barclays for the amount that was lost along with the interest. Barclays argued it had no duty of care, nor had it assumed responsibility.
In 1987 Mr O’Brien’s company, Heathrow Fabrications Ltd, was not doing well and he agreed with the Barclays Woolwich branch to raise the company’s overdraft to £135,000, reducing to £120,000 after three weeks, guaranteed by Mrs O’Brien and secured on his matrimonial home with a second charge.
A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays over its 2008 capital raising, Barclays said on Monday. As part of the fundraising the bank was ...
If the dispute is still not resolved, customers can seek legal advice and file a case. Most credit card transactions go through smoothly, but you can run into an occasional mishap.
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Barclays Bank was the sole trustee of the Bartlett trust, set up by Sir Herbert Bartlett.The sole asset of the trust was 99.8% of the issued shares in the family company.On the company board were two surveyors, an accountant and a solicitor.
Several branches of the UK’s Barclays bank have been vandalized in targeted action by pro-Palestinian and climate activists across the country, the protest group Palestine Action said Monday.