I doubt Lord Pannick delivered an absolute KO on day one, despite my pleas to the deity. However as the IC is conducted in accordance with English Commercial Law, some or all of the 130 charges could fail as follows (bit dry, but accurate). Although based on a single charge/case, I believe strike out CAN happen to individual charges, hopefully Mancini/Fordham/Toure struck out due to being time barred.
Strike Out of the Claim/Charge
Under Civil Procedure Rule (CPR) 3.4, a court can strike out (dismiss) a claim if:
The statement of the case discloses no reasonable grounds for bringing the claim.The case is an abuse of the court’s process, for example, if it is frivolous or vexatious.
There has been a failure to comply with a court order or the procedural rules.
If a claim is struck out, it can result in the dismissal of the case entirely or of specific parts of it.
2. Summary Judgment
Under CPR 24, either party (usually the defendant) can apply for summary judgment if they believe that the other party has no real prospect of success in the case and there is no other compelling reason for the matter to proceed to trial. If the judge agrees, the claim may be dismissed.