Following Tom Hayes' success in the UK Supreme Court last year, this week the Court of Appeal in London has allowed an appeal by a five-strong group of former Barclays employees, overturning their criminal convictions for benchmark rate manipulation. A group of five financial traders has succeeded in overturning their criminal convictions for rate rigging. The Court of Appeal in London announced its judgment orally yesterday (7 October), quashing the convictions of Jay Merchant, Jonathan
Robert Li is a Senior Reporter at various esteemed publications, including Global Legal Group, BioRxiv, CDR Magazine, and Engineering and Construction. He focuses on themes related to aviation and aerospace, law and legal affairs, and business economics, covering topics such as lawsuits, commercial real estate, and consumer rights. Robert's insights and reporting have been featured in prominent outlets, showcasing his expertise in the intersection of law and business.