The Court of Appeal (Davis and Longmore LJJ) today granted Commerzbank AG and Dresdner Kleinwort Ltd permission to appeal against a €50 million judgment in favour of a group of former employees. The judgment was for bonuses allegedly promised to the employees in 2008. The first instance judgment is reported as Attrill & Others, Anar & Others v Dresdner Kleinwort Limited, Commerzbank AG  EWHC 1189 (QB). The appeal will be heard next year.
Martin Chamberlain and Oliver Jones appeared as junior counsel for the banks, instructed by Linklaters LLP.