Latest Briefings

Offshore Litigation: Rule in Gibbs applied – Recognition of Singapore moratoria denied in Scotland

In the recent Scottish case of Chang Chin Fen v Cosco Shipping (Qidong) Offshore Ltd, the Outer House of the Court of Session refused petitions brought by debtor companies under the Cross-Border Insolvency Regulations, 2006 to, amongst other things, recognise moratoria obtained in the Singapore High Court on the basis that to do so would prejudice the rights of a creditor to claim under its English-law governed debt, which stood outside the proposed Singapore schemes.

Disclosure pilot

Court refuses administrators’ application for early disclosure of audit files

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High Court

Raft of litigation heavyweights line up for $2.6bn oligarch case

City litigation heavyweights are preparing for the latest case between Ukrainian lender PrivatBank and its former owners, the Ukrainian oligarchs Gennadiy Bogolyubov and Igor Kolomoisky, which could be worth up to $2.6bn (£2bn). Partners from Hogan Lovells, Skadden Arps Slate Meagher & Flom, Fieldfisher and Pinsent Masons will face off in the High Court as PrivatBank alleges […]

Abramovich

Macfarlanes clinches victory from Skadden in $1.5bn oligarch dispute

The $1.5bn dispute between three Russian oligarchs has ended in a unanimous High Court decision in favour of Macfarlanes and Maitland Chambers client Oleg Deripaska over a right of first refusal clause in a Russian mining company’s shares. Macfarlanes partners Iain Mackie and Simon Nurney instructed Maitland Chambers’ Christopher Pymont QC, David Mumford QC, Thomas […]

lady justice

Brick Court and Skadden step in for Abramovich in $1.5bn oligarch battle

Chelsea Football Club owner Roman Abramovich is facing an expedited legal battle against two other Russian oligarchs, which is set to hit English courts this year. Brick Court’s Danny Jowell, Alan Roxburgh and Richard Eschwege are representing Abramovich, instructed by Skadden Arps Slate Meagher & Flom. The dispute is over the Chelsea owner’s intention to […]

allen & overy

A&O sets up partner-led tech team to harvest innovation ideas

With a number of products set to launch in the coming year, Allen & Overy (A&O) has set up a markets innovation group to pilot legal technology developed by the firm and discuss possible collaboration initiatives. The five-partner team in London, led by derivatives partner David Wakeling, has been developing two tools that address the possibility of […]

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