Tuna fishing

Supreme Court keeps ‘tuna bonds’ litigation alive

The Republic of Mozambique has succeeded in keeping its litigation over the ‘tuna bonds’ scandal alive amid an attempt by Privinvest Shipbuilding to seek a partial stay of proceedings. The shipbuilding company was funded by a range of creditors, including Credit Suisse, to develop an exclusive economic zone around the Mozambique coast to develop tuna […]

Melis Acuner, Quinn

Quinn Emanuel recruits arbitration partner from Cadwalader

Cadwalader Wickersham & Taft has lost one of its disputes partners to another US rival in the CIty. Arbitration specialist Melis Acuner has joined Quinn Emanuel Urquhart & Sullivan after more than five years at Cadwalader. Before that she was at Skadden Arps Slate Meagher & Flom, which she joined in 2008 as an associate […]

Kingsley Napley veteran named new DPP

Kingsley Napley’s former senior partner Stephen Parkinson has been announced as the new Director of Public Prosecutions (DPP). Attorney General Victoria Prentis KC has announced that Parkinson will succeed Max Hill KC in the role. Parkinson began his career as a prosecutor for the Crown Prosecution Service (CPS) in the 1980s. He worked a number […]

counting money

Axiom Ince crisis: Lawyers appear in court over freezing order

An application was made today to extend a freezing order imposed on Axiom Ince’s former managing partner, which prevents him from dealing with over £64m that his firm alleges has been “paid away” from its client account. According to documents, Axiom Ince’s legal team applied to extend the freezing order that was imposed last week, […]

Osborne Clarke sets out plans for Miami launch

Osborne Clarke is laying the groundwork to launch a third US office in Miami, focused primarily on international arbitration. With an eye on trading opportunities with Latin America through Miami, the firm has brought on IT and dispute resolution lawyer Javier Fernandez-Samaniego, who had been running his boutique firm Samaniego Law since its establishment in […]

Ex-Axiom Ince boss drafts in extra support for lawsuit

The law firm representing the former boss of Axiom Ince has called upon a consultant to work alongside it as it continues to challenge a breach of fiduciary duty claim filed against its client. It was revealed last week that managing director Timur Rustem of Rustem Guardian Solicitors has been instructed to defend Pragnesh Modhwadia, […]

National Lottery

Gambling Commission’s legal bill reaches £4.2m in National Lottery dispute

As the UK National Lottery’s licence dispute comes to an end, Lord Justice Coulson ruled today that International Game Technology (IGT) is liable to pay millions of pounds in legal fees. IGT lined up a case against the Gambling Commission in April 2022 year following the decision to award the National Lottery licence to Czech […]

Post Office

HSF in the hot seat over Post Office disclosure exercise

A partner from Herbert Smith Freehills (HSF) was quizzed today as part of the Post Office Horizon Inquiry, specifically over the firm’s document review processes. The inquiry, heard before Sir Wyn Williams, is scrutinising what could be described as one of the most widespread miscarriages of justice in British legal history, which resulted in the […]

Ex-Axiom Ince boss instructs City firm over freezing order

The ex-managing partner of Axiom Ince has instructed solicitors to defend him against a claim filed by his former firm. Axiom Ince called on Devonshires Solicitors partner Philip Barden to issue a breach of fiduciary duty claim against Pragnesh Modhwadia. Modhwadia has instructed Rustem Guardian Solicitors, a City firm based in Holborn that specialises in […]

Bird & Bird

Bird & Bird defends in first-ever oral hearing in UPC

Bird & Bird is set to defend a life sciences patent dispute in September in what will be the first-ever oral hearing before the brand new Unified Patent Court (UPC). The UPC was created to unify patent litigation across the European Union, meaning cases can be heard in one court instead of individual jurisdictions. The […]

Serious Fraud Office

SFO drops ENRC probe due to “insufficient admissible evidence”

The Serious Fraud Office (SFO) has dropped its investigation into the Eurasian Natural Resources Corporation (ENRC) after 10 years. The SFO announced today that following a “review of the investigation”, it has concluded there is “insufficient admissible evidence to prosecute”. The SFO opened opened a criminal investigation into ENRC, a Kazakh and Central African mining […]