Litigation Letter
Contribution after settlement of fraud claim
Charter plc and another v City Index Ltd (David Gawler and others, Part 20 defendants) CA TLR 8 January
Between 2000 and 2004 Charter was defrauded by a manager in its foreign exchange department of £9m which he transferred to
the defendant to finance his personal spread betting transactions. He was convicted of theft in December 2004.