Kobre & Kim has won a third settlement against a litigation funding company for its client Chevron in the energy giant’s mammoth lawsuit with Ecuador over a fraudulent judgment relating to oil waste in the Amazon.
The Royal Bank of Canada (RBC) has hired Freshfields Bruckhaus Deringer commercial litigation partner David Onorato as its new general counsel.
Sullivan & Cromwell client BNP Paribas (BNPP) has been sentenced to five years’ probation by a US district court on Friday (1 May) in connection with its $8.9bn (£5.88bn) payout ordered last July.
Barclays set aside an additional £800m in the first quarter of 2015 to cover investigations and litigation related to foreign exchange rigging, its Q1 results reveal.
Suspended Gibson Dunn & Crutcher partner Peter Gray has officially left the firm, The Lawyer understands.
A team of five McKenna Long & Aldridge partners, including government contracts chair Fred Levy, have opted out of their firm’s merger with Dentons and are set to join Covington & Burling along with seven counsel and seven associates.
The European Court of Justice (ECJ) has effectively overthrown a landmark win for Slater & Gordon over the compensation claims for staff of collapsed retail giants such as Woolworths and Ethel Austin.
Litigation boutique Enyo Law has walked away from its client the Libyan Investment Authority (LIA) and will no longer represent it on its $3.3bn (£1.9bn) London court battles against Goldman Sachs and French bank Societe Generale.
Lloyds Bank has closed its litigation teams in Hove and Cockfosters in a continuation of the redundancies to hit its in-house legal team.
Insolvency litigation: directors can’t dodge liability with illegality defence download subscription
The defence of illegality – which prevents a claimant from bringing a claim that arises out of its own illegal acts – can’t be used where the company is claiming against its directors.
School construction projects – contractor insolvency download subscription
The decision to invest in a construction project is a major event for an educational establishment. So, if the contractor becomes insolvent, this can cause significant problems.
Also: £90k fine for nominated adviser; ’proper purpose’ for inspecting a register of members; and more.
There has been a lot of talk about judicial review recently in the light of the coalition Government’s reforms – which could be reversed if Labour wins next week’s election.
Retired Court of Appeal judge Maurice Kay QC has returned to private arbitration practice at regional set Kings Chambers.
How law firms can adapt to the expanding international arbitration market.