India’s largest real estate developer Unitech will have to pay Allen & Overy client Deutsche Bank more than $300m after it failed to turn up to the trial, a High Court judge has ruled. Originally featured in The Lawyer’s Top 20 cases of 2014, Deutsche Bank AG & Other v Unitech Global Limited & Unitech […]
A busy week at the High Court is headlined by Deutsche Bank’s protracted claim against Unitech Global which originally made The Lawyer’s Top 20 cases of 2014. The case kicked off as a Libor dispute and was expected to set precedents over whether companies can avoid paying back debts based on manipulated rates. Deutsche Bank’s […]
A group of investors are appealing against a previous decision over privileged documents held by Dentons. Investors claimed they had lost over €6.5m due to an allegedly fraudulent investment scheme operated by Cypriot company Anabus Holdings Limited, which dissolved in 2010. Salans, which merged into Dentons in 2013, acted for the company that sold the […]
Disputes partners from Linklaters have emerged in Credit Suisse’s defence over allegations of a $2bn fraud from Mozambique.
This week’s headline case sees Leigh Day turn to Brick Court Chambers on behalf of Campaign Against Arms Trade (CAAT) amid mounting political tensions between the United Kingdom and Saudi Arabia in one of The Lawyer‘s Top 20 cases of 2019. Leigh Day partner Rosa Curling is instructing Brick Court silk Martin Chamberlain QC and […]
A former partner of Simmons & Simmons has been told by the Employment Appeal Tribunal that her claim against the firm for equal pay, sex and race discrimination should be heard in France and not the English courts. Paris-based corporate lawyer Noro-Lanto Ravisy, who is now a partner at Astaé-Lawyers, first brought a claim against Simmons […]
Linklaters client Novo Banco did not default on €550m ($618m) of notes when it failed to repay a loan that a hedge fund issued to defunct lender Banco Espirito Santo (BES) Finance, a court has ruled. London-based asset manager Winterbrook Capital argued that the Portuguese bank Novo Banco had unwittingly defaulted on certain bonds, which […]
Mayer Brown has hit back against a £74m professional negligence claim, heaping blame onto the funds bringing the case. The firm took particular aim at the former director of Axiom Legal Financing Funds for what it alleges was “gross negligence”, resulting in the substantial losses suffered by the Axiom funds. It emerged in early February […]
A French insurer is taking legal action against Barclays Bank, represented by Freshfields Bruckhaus Deringer, for its role in controversial takeover plans. Last year, a takeover bid by Covéa to acquire reinsurer Scor was aborted, with Covéa having tried to secure funding from Barclays and Rothschild. In a statement, Scor is pursuing civil action against […]
A complex insurance case leads the way in this week’s court hearings with Hogan Lovells instructing 3 Verulam Buildings for reinsurance business Awbury Technical Solutions. The dispute arises from a structured finance deal Awbury had looked to complete with finance company Karson Management. During the course of the deal, Awbury and Karson entered into a […]
The former CFO of Autonomy has taken the High Court instruction away from Brick Court’s Simon Salzedo QC, handing it to a Fountain Court junior barrister. Fountain Court’s Paul Casey is now instructed by Simmons & Simmons partner Ian Hammond to defend former Autonomy CFO Sushovan Hussein in one of the year’s most high-profile and […]
Womble Bond Dickinson has submitted an application to recuse the judge overseeing the group action case against its clients, the Post Office. The latest trial, in which postmasters blame accounting errors on the Post Office’s IT system, has been suspended until April 3. This was the second of four trials in Bates & Ors v […]
This week, Hewlett-Packard begins its battle against two of Autonomy’s former directors, while the Ministry of Defence prepares to defend itself in a medical negligence case brought by a serviceman’s family. The first major case starting today is Autonomy & Ors v Lynch and Hussein. Sitting in the Chancery Division, this case will run for […]
Employment law takes centre stage this week, as Mishcon de Reya acts for Pimlico Plumbers in its latest court case, while BLM defends the Royal Opera House against a former musician. Firstly, our attention turns to Croydon. TMP Solicitors’ Jacqueline McGuigan bested Mishcon de Reya last year in the Supreme Court, securing a key decision […]
A former client of Mishcon de Reya has brought a claim against the firm alleging that it did not adhere to the terms of a fee agreement, The Lawyer has learned. An application, made by former Mishcon client Piero Quaradeghini, was heard in the Rolls Building last week against a strike out claim made by the […]
A heavily public law-focused week sees the UK Government fighting off three massive claims related to transport, pharmaceuticals and human rights. The battle over how Heathrow Airport gained permission to build a new runway has made national news, particularly after it edged out its South London counterpart Gatwick Airport to the the chagrin of campaigners […]
The US firm has won the mandate from Weil Gotshal & Manges, as the Ingenious tax case reaches the courts this week.
