This year’s top 20 cases demonstrate how much the English High Court has become a global litigation centre, with litigants from all over the world to battle cases in London.
The claim brought by Iran’s Bank Mellat against HM Treasury, South African-owned Sabre Oil & Gas’s case against Standard Bank and Oil giant Rosneft’s challenge to the EU’s sanctions towards Russia are just a few of the contenders this year.
Another case that will be watched closely by the legal market is Barclays’ attempts to recover funds from former partners of defunct US firm Dewey & LeBoeuf. This week it emerged that Richard Clayton, who had been acting for Barclays while a partner at Bristol firm TLT, has brought the case with him to Addleshaw Goddard.
But despite a potentially exciting year for litigation, no one should hold their breath. In 2014, more than half of The Lawyer’s top 20 cases settled before reaching court. If the trend continues in 2015, there is a chance that some potential judgments this year will never be written.
Also on TheLawyer.com:
- Kobre & Kim launches fourth US office in San Franscisco with IP hire from Kerr & Wagstaffe
- Debevoise snaps up JPMorgan Chase Consumer Bank GC Matthew Biben for white collar and regulatory defence practices
- Freshfields Bruckhaus Deringer defends negligence claim against Sotheby’s on Caravaggio painting