Financial Crime Financial Crime

Deminor leaves appeal avenue open after damages suit against Danske Bank chief fails

By Martin Coyle
  • 09 Nov 2022 13:47
  • 09 Nov 2022 13:47
A litigation funder that sued Danske Bank's former chief executive over the lender’s money-laundering scandal has said it will consider its appeal options after Danish judges threw the case out.

Deminor yesterday lost its $348 million claim against Thomas Borgen, who resigned as head of the Danish lender in September 2018 after it

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