Private equity house Terra Firma has been left as the last remaining defendant in the long-running dispute arising from the collapse of television rental company Box Clever, with a raft of City firms having claimed roles on the saga. A hearing in the High Court yesterday (23 January) revealed that negligence claims brought by French bank Ixis against WestLB and CIBC in 2004 had been dropped, as had deceit claims brought against WestLB in 2005.
January 24, 2008 at 09:06 AM
1 minute read
The original version of this story was published on Legalweek
Private equity house Terra Firma has been left as the last remaining defendant in the long-running dispute arising from the collapse of television rental company Box Clever, with a raft of City firms having claimed roles on the saga.
A hearing in the High Court yesterday (23 January) revealed that negligence claims brought by French bank Ixis against WestLB and CIBC in 2004 had been dropped, as had deceit claims brought against WestLB in 2005.
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