Hogan Lovells achieves success in fraud case for financial services provider Otkritie
Hogan Lovells has achieved success for Otkritie, a Russian financial services provider that the firm advised throughout a dispute regarding multi-million-dollar fraud against it.
Otkritie was defrauded by a group of former employees and their associates.
According to the firm, the High Court judgment paves the way for the recovery of millions in already frozen assets and awards significant damages to Otkritie.
The case, which lasted 46 days in the Commercial Court, spanned more than 20 jurisdictions and drew on Hogan Lovells’ network of global offices, including Moscow, London, Paris, Hong Kong, Madrid and Amsterdam.
The team advising Otkritie was led by corporate relationship partner Oxana Balayan in Moscow and litigation partners Neil Mirchandani and Crispin Rapinet in London, supported by of-counsel Neil Dooley.
The multinational team at Hogan Lovells further included more than 100 lawyers and associates across the firm. The firm instructed Steven Berry QC, as leading counsel, with Nathan Pillow and Anton Dudnikov all of Essex Court Chambers.
News from Hogan Lovells
News from The Lawyer
Briefings from Hogan Lovells
The decision of the US Court of Appeals has raised questions about how issuers should present their disclosures on conflict minerals under Exchange Act Rule 13p-1 and Form SD.
An interesting judgment was delivered by the Honourable J Majiki on 19 November 2013 in the Eastern Cape High Court, Port Elizabeth.
Analysis from The Lawyer
As international firms question their future in these small, closely linked markets, local lawyers too are eyeing the business environment with caution
Beyond the headline infrastructure projects, UK construction work is still recovering from the clobbering it took during the slump