High Court judge rules Tchenguiz brothers can sue bank

16 March 2011 Last updated at 15:17 ET Help

A High Court judge has ruled that the Tchenguiz brothers can sue Kaupthing Bank for £1bn ($1.6bn) damages.

The failed Icelandic bank had brought a "strike-out" action in a bid to block the legal challenge by property tycoons Vincent and Robert Tchenguiz.

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