Law firms

Commerzbank loses bankers’ bonuses appeal

Commerzbank has today (26 April) lost its appeal in its high-profile four-year battle over unpaid bankers’ bonuses – one of the largest cases against a bank to run since the credit crunch.

Represented by Linklaters, Germany’s second largest bank will have to pay €52m to 104 London-based bankers, unless it obtains leave to appeal to the Supreme Court.

This article is for Legal Business subscribers. Please log in or subscribe to read on.