@Law360 reports Judge strikes out case of 8 UK councils represented by @HausfeldGlobal vs Barclays over LIBOR rigging. Judge relies upon the various case law that has been obtained by the banks in prior cases including PAG. Case law that represents a dishonest illusion... 
Banks have cherry picked cases to defend in Court that they know they can defeat because the pleadings or arguments put forward, allow them to defeat the claims by creating a dishonest illusion as to what truly went on, but without technically being dishonest....
How is a bank acting with honesty & integrity as demanded by FCA codes and its obligations, when it defeats an argument & claim that it knows to be true, entirely on technicalities and/or because of the way in which it has been pleaded or argued. And where is the @TheFCA ?
Whilst the Court has been misled or deceived in this case and the cases to which the case law applies, or can only be judged on that which is before it, the FCA is bound to hold the bank accountable where it is clear that the bank has presented a position it knows to be false...
This case law is now providing the toxic perversion of justice to all future cases that it did in the original case to which it applies. But perhaps more concerning is the Court's willingness to consider case law over and above the merits of this case.....
This case law is further used by banks to deter victims from, or threaten victims that consider, pursuing civil action. How is this fair and just, and how is this representative of a legal system that is supposed to be the pride of the world?
U.S. law firms get a bad press, but in my experience those that represent victims have been top draw. Likewise the U.S. legal system gets a bad press, BUT compare the successful court cases and class action settlements in banking cases in the U.S to those in the UK.....
Justice in the UK is now, more than ever, dependant upon the depth of your pockets as opposed to strength of your case. Indeed, and most often, the evidence exists to prove a case, the banks know it exists, know it proves the case, but the Court is prevented from ever seeing it
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