Caroline Greenwell writes for The Law Society Gazette on the LIBOR scandal
A fascinating debate looks set to continue to the Supreme Court after the Court of Appeal dismissed the appeals of former traders Tom Hayes and Carlo Palombo. This case not only places traders back in the spotlight; it also subjects the Court of Appeal itself to scrutiny for the global uncertainty resulting from its judgment and its role as gatekeeper to the Supreme Court.
In an article for The Law Society Gazette, Caroline Greenwell, Partner, outlines the background of the case, the criminal case review and the appeal.
Caroline says:
While the traders are undoubtedly considering a final appeal to the Supreme Court, it has left time for others to reflect on this significant decision by the Court of Appeal. This ruling has positioned the UK as a lonely island in the LIBOR scandal.
Read the full piece in The Law Society Gazette here.
