Eversheds Sutherland, Winston & Strawn and BCL Burton Copeland are advising three former Barclays lawyers who the Serious Fraud Office (SFO) has decided not to charge in connection with the Qatar capital raising case.

Yesterday (20 June), the SFO announced that it was charging four former Barclays executives for "conspiracy to commit fraud and the provision of unlawful financial assistance", after a lengthy investigation into bank's capital raising arrangements with Qatari investors during the 2008 financial crisis.

Three former senior in-house lawyers at Barclays are also understood to have fallen within the scope of the investigation, but have not been charged.

The trio are: former Barclays general counsel Mark Harding, who retired from the bank in 2013 after 10 years in the role; former corporate and investment banking GC Judith Shepherd, who left the bank in 2015; and former head of M&A legal Matthew Dobson, now general counsel for life capital at insurer Swiss Re.

Harding is being represented by BCL Burton Copeland business crime partner Richard Sallybanks, while Shepherd is being advised by Eversheds Sutherland corporate crime head Neill Blundell. Dobson is being represented by Winston disputes partner Justin McClelland.

Blundell said: "Judith Shepherd has always strongly maintained her innocence. She cooperated fully with the SFO's investigation and is delighted that the SFO, following extensive inquiries, has concluded there is no case for her to answer."

In a statement, the SFO said: "SFO charging decisions are made in accordance with the Code for Crown Prosecutors. The SFO is satisfied that the appropriate persons have now been charged with appropriate offences. Should further evidence come to light in relation to other individuals, it will be given appropriate consideration."

The investigation, which began in August 2012, has resulted in charges for Barclays and the four individuals in relation to the bank's 2008 capital raising arrangements with Qatar Holding and Challenger Universal, as well as a $3bn loan facility made available to the State of Qatar.

The four individuals are: former Barclays chief executive John Varley; Roger Jenkins, formerly Barclays Capital executive chairman of investment banking and investment management in the Middle East and North Africa; former European financial institutions head Richard Boath; and former Barclays Wealth and Investment Management chief executive Tom Kalaris.

US firm Willkie Farr & Gallagher is advising Barclays, while Varley has turned to City firm Corker Binning. Herbert Smith Freehills and Greenberg Traurig are advising Jenkins, who will be represented in court by Cloth Fair Chambers' John Kelsey-Fry QC.

Boath is being represented by City corporate crime specialists Peters & Peters while Kalaris has turned to US firm Steptoe & Johnson.