By Jemma Slingo2021-05-25T11:17:00+01:00
Dechert’s ex-head of white-collar crime made unauthorised contact with the Serious Fraud Office in order to whip up interest in a Kazakh mining case and increase his own legal fees, the commercial court has heard in a mammoth City negligence claim.
Kazakh-based mining company Eurasian Natural Resources Corporation (ENRC) accuses Neil Gerrard – former global co-head of white-collar crime at Dechert – of leaking confidential information to newspapers and drip-feeding material to the SFO to kickstart his case and provide the ‘fodder he needed to expand his investigation’.
‘Mr Gerrard completely turned on his client. and effectively invited the SFO to open a criminal investigation and to seize mountains of documents,’ Nathan Pillow QC, of Essex Court Chambers, said.
AXA Fights Eateries £6M Suit For COVID Closure Coverage By Law360 is providing free access to its coronavirus coverage to make sure all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to sign up for any of our weekly newsletters. Signing up for any of our section newsletters will opt you in to the weekly Coronavirus briefing.
Sign up for our Commercial Litigation UK newsletter
You must correct or enter the following before you can sign up:
Email (NOTE: Free email domains not supported)
Primary area of interest
Thank You!
By Jemma Slingo2021-05-24T12:07:00+01:00
City firm Dechert and its former head of white-collar crime faced allegations of scaremongering, greed and fee inflation this morning, as a mammoth negligence claim got underway in the commercial court.
Kazakh-based mining giant Eurasian Natural Resources Corporation (ENRC) accuses Neil Gerrard – former global co-head of white-collar crime at Dechert – of using its case as a ‘cash cow’ to justify his $3m-a-year salary.
The claim relates to ENRC’s retainer of Dechert and Gerrard between 2011 and 2013. ENRC claims Gerrard was originally retained to conduct an internal investigation into allegations of wrongdoing concerning a subsidiary.
19 May 2021 | 09:56am
StockMarketWire.com - Marble production company Fox Marble said it had further strengthened its legal team with the appointment of eminent British Barrister and Queens Counsel, Samuel Wordsworth QC of Essex Court Chambers.
Wordsworth would complement the existing legal team, led by Dentons Europe CS LLP, in support of the company s €195 million claim against the Republic of Kosovo.
At 9:56am: [LON:FOX] Fox Marble Holdings share price was 0p at 1.95p
Story provided by StockMarketWire.com
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.
Latest share price and company details:
Monday 29 March 2021 The
International Bar Association (IBA) joins the international community in solidarity with those against whom China’s government has levied asset and visa sanctions. Widely regarded as retaliatory measures by the Chinese authorities, individuals, institutions and organisations, that have been critical of the alleged ill-treatment of Uighur Muslims in the Northern province of Xianjiang in China, have been targeted by China’s government. The imposed restrictions prevent travel to China, freeze assets and ban Chinese citizens and institutions from doing business with anyone on the list.
IBA President Sternford Moyo commented:
‘When the rule of law and human rights are under threat in any part of the world each one of us has the duty to speak out. Sanctions have been imposed by China on those who have done just that. It is ironic that the very voices the Chinese authorities sought to silence have, inadvertently, been amplified because of imposition of