The United States said Friday it placed a travel ban on a Ukrainian oligarch and former owner of PrivatBank for his involvement in "significant" corruption as an investigation relating to an alleged money laundering scheme involving billions stolen from the bank remains ongoing.
A London court on Friday rejected a challenge to funding arrangements used by two groups of truck purchasers suing leading manufacturers over a cartel, concluding that the deals weren't covered by rules on damages-based agreements.
Covington & Burling LLP's European data protection chief Daniel Cooper talks to Law360 about how data privacy practice has developed over the course of his career and discusses the latest litigation and enforcement trends.
A London judge on Friday rejected a tabloid's request to challenge his ruling that the Daily Mail publisher had violated Meghan Markle's privacy by running extracts of a letter she wrote, saying he saw no prospect of success with an appeal.
Kazakh mining company ENRC does not have to post £34 million ($47 million) cash in its bitter legal struggle with Dechert LLP and the Serious Fraud Office, as a judge said on Friday that its financial woes were obvious last year.
The past week in London has seen Scotland's ferry services sue its insurer, Britain's new high-speed rail service face another contract challenge and an ex-Qatari prime minister's company hit with a new suit. Here, Law360 looks at those and other new claims in the U.K.
A judge ruled on Friday that the owners of a £5 million ($6.9 million) London penthouse did not have cover for defects under insurance for a new building because the policy was not taken out in the name of the property developer as required.
Newcastle United has lost its bid to remove an arbitrator from the panel considering the club's dispute with the Premier League for scuttling its planned £340 million ($471 million) sale, as a judge rejected claims that the barrister had a conflict of interest.
Germany has agreed to pay settlements totaling some $2.89 billion to four energy supply companies, including the Swedish company Vattenfall, to resolve legal disputes that arose after the country decided to phase out nuclear energy following the 2011 Fukushima disaster.
A consortium of Indian banks won permission Friday to appeal the adjournment of English bankruptcy proceedings seeking to recover £1.05 billion ($1.45 billion) from erstwhile Indian drinks tycoon Vijay Mallya, who is facing extradition to India on fraud charges.
A New York federal judge on Thursday awarded Jay-Z's entertainment company Roc Nation $12.5 million against HCC International Insurance Co. in a coverage dispute over the death of Maroon 5's manager, Jordan Feldstein, finding that the insurer wrongly calculated the coverage limit.
A lower court should have deferred to HM Revenue & Customs' decision to leave open a tax investigation of a power company consortium, the U.K. Court of Appeal ruled.
A legal adviser for Europe's highest court has concluded that the arbitration provision in a treaty relating to energy investments is invalid under European Union law, a decision that encapsulates a debate about the future of the aging and controversial treaty.
The British competition authority opened an investigation Thursday into complaints that Apple sets unfair rules for app developers and monopolizes software on Apple devices.
The British government announced Thursday that Justice Vivien Rose will join the U.K. Supreme Court in April, after a winding career ranging from competition specialist to HM Treasury adviser.
Lawyers for an investment fund on Thursday defended its decision to sue Cuba for €72 million ($86 million) in unpaid sovereign debt at a hearing in London, arguing it's not a "vulture fund" aggressively pursuing the country over decades-old loans.
A judge ruled on Thursday that the state-funded company overseeing construction of Britain's new high-speed railway did not violate procurement rules when awarding a £1.3 billion ($1.8 billion) contract to build a key station to a consortium led by Balfour Beatty.
A tax benefit granted to major Spanish soccer clubs, including FC Barcelona, constituted illegal state aid, Europe's highest court said in a final judgment Thursday, overruling a decision by the EU General Court two years ago.
A tribunal ruled on Thursday that it will hear an attempt by a telecoms expert to bring a £600 million ($840 million) class action in London against BT Group PLC on behalf of millions of landline users by the end of June.
A judge ruled on Thursday that a subsidiary of AXA XL Ltd. can sue HMRC as it pursues fraud allegations against an underwriter for £10 million ($14 million), describing the tax authority's attempt to avoid the claims as "smoke and mirrors."
Virgin Enterprises is suing a U.S. train operator in London for more than $250 million in damages, accusing Brightline of using the COVID-19 pandemic to get out of trademark licensing deal early.
An advocate general for the European Court of Justice concluded on Wednesday that the arbitration provision in the Energy Charter Treaty is incompatible with European Union law, a decision that backs the position already adopted by many EU member states and the European Commission.
Credit Suisse has denied knowing about a $2 billion fraud and bribery scam tied to loans the bank made to Mozambique, rejecting hedge funds' claims that it's liable for the actions of three former employees.
InterDigital launched the first of a series of trials against Lenovo on Wednesday, accusing the Chinese tech giant of unlawfully using five of the mobile technology research company's standard-essential patents for 4G.
Eight months after the U.K. government introduced long-awaited reforms to bring the country's insolvency system more in line with the U.S. bankruptcy process, the changes remain largely untested amid the COVID-19 pandemic.
Following Brexit, jurisdictional issues in U.K.-Swiss disputes and the recognition and enforcement of foreign judgments will be governed by each country's respective national laws, rather than the Lugano Convention, creating uncertainty and potentially more expense and satellite litigation, say Janine Alexander at Collyer Bristow and Sébastien Collart at 100 Rhône Avocats.
The prospect of joining a law firm during the pandemic can cause added pressure, but with a few good practices — and a little help from their firms and supervising attorneys — lawyer trainees can get ahead of the curve while working remotely, say William Morris and Ted Landray at King & Spalding.
Multinational companies should take a pragmatic approach to Foreign Corrupt Practices Act compliance by being aware of key risk areas — such as inappropriate gift-giving, liability for third-party actions, and countries with recurring corruption issues — and implementing custom-designed procedures that evolve with their operations, says Howard Weissman at Miller Canfield.
As transaction disputes rise amid evolving market conditions, certain strategies can help companies mitigate risk while remaining live to M&A opportunities, say attorneys at Freshfields.
A number of recent claimant-friendly decisions have considered and broadened a bank's common law duty to refrain from making payments where fraud is suspected, but the High Court's recent judgement in Philipp v. Barclays Bank suggests a turn in the tide, say Paul Brehony and Kate Gee at Signature Litigation.
Cairn Energy v. India, a recent Permanent Court of Arbitration case, highlights the growing trend of states alleging illegal investor conduct to challenge tribunal jurisdiction or investor claim admissibility, say Caline Mouawad at Chaffetz Lindsey and Jessica Beess und Chrostin at Covington.
The dividend arbitrage trading strategy known as cum-ex continues to face regulatory scrutiny in Europe, and stateside regulators may soon follow suit with the U.S. Securities and Exchange Commission’s recent American depositary receipt probe as a guide for enforcement, says Joshua Ray at Rahman Ravelli.
The U.S. Supreme Court's recent rulings in favor of the sovereigns in two cases involving art stolen by the Nazis, Germany v. Philipp and Hungary v. Simon, deprive victims of a domestic forum for restitution and leave them with the untested alternative of international arbitration, says Kathryn Lee Boyd at Hecht Partners.
A pending motion to stay the dispute between AutoStore and Ocado at the U.S. International Trade Commission highlights competing timelines of the ITC and Patent Trial and Appeal Board, and has the potential to reshape the typical forum selection strategies for patentees and defense tactics for challengers, say attorneys at Reichman Jorgensen.
The U.K. government's panel assembled to conduct an independent review of administrative law should consider changes that would genuinely enhance judicial review, so the process can more effectively hold the government and public authorities to account, says Hatti Owens at ClientEarth.
The U.K. Supreme Court's judgment in Halliburton v. Chubb, likely the court's most important decision in the area of international arbitration in the past decade, articulates important guidelines for how English courts will police issues of arbitrator disclosure and bias, even as it fuels concerns among insurance policyholders, say Allan Moore and Ramon Luque at Covington.
The recent International Court of Justice judgment in Equatorial Guinea v. France, disallowing a sending state from unilaterally imposing its choice of premises for its diplomatic mission, bolsters anti-corruption efforts but may complicate future international relations, says Olivia Flasch at Signature Litigation.
Although the U.K. Supreme Court's recent decision in MasterCard v. Merricks removes some certification barriers for collective actions, aspects of the court's opinion may provide comfort for defendants, say Louise Freeman and Harry Denlegh-Maxwell at Covington.
New extensions of the Corporate Insolvency and Governance Act's temporary protections for struggling businesses, allowing delays to creditor enforcement actions, indicate that the U.K.'s restructuring process is increasingly prioritizing the survival of businesses amid the ongoing pandemic, say attorneys at Haynes and Boone.
Although the U.K. has not ratified the newly effective Singapore Convention, which establishes a legal framework for mediated settlement recognition across jurisdictions, U.K. parties should heed the convention due to its scope and popular uptake, say Simon Everington and Johnny Shearman at Signature Litigation.