As the fallout from the demise of Dewey & LeBoeuf continues, the High Court has just dismissed an application made by Barclays for a summary judgment over liability for a capital loan made against a former partner of the now-defunct US firm.
The ruling, published on 28 February, dealt with Barclays contention that former Dewey partner Charles Landgraf was liable for the repayment of a loan totalling $486,000 paid into the firm’s account to cover his capital contribution, plus interest.
