Bankers Do Battle In Obscure Courts

There’s a section of London called the Isle of Dogs, where much of the science-fiction horror film 28 Days Laterwas filmed.

It’s also where one of London’s employment tribunals is located, which have become a new venue where several former bankers — who were fired from Barclays, Lloyds and Citigroup for alleged sub par performance or in connection with recent rate-rigging scandals — are suing their former employers seeking unpaid bonuses and to set the record straight.

The employment tribunals are an unusual choice of forum in that cases filed there typically settle for less than $10,000. By contrast, some former bankers are seeking unpaid ...