RBS rights trial judge highlights ‘unparalleled’ defence costs, as trial stayed on new offer

RBS rights trial judge highlights ‘unparalleled’ defence costs, as trial stayed on new offer

The judge hearing the Royal Bank of Scotland (RBS) £4bn rights issue damages case – currently stayed pending settlement negotiations – has highlighted the bank’s ‘extraordinary’ £129m costs in the case, in a preliminary judgment published on 23 May.

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