Clifford Chance LLP has denied breaching any duty to Société Générale SA with its advice on a $483 million gold bullion dispute, telling a London court that the blame for the French bank's failed claim lies elsewhere.
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Clifford Chance Denies Blame For SocGen's $483M Gold Loss

By Jamie Lennox

Clifford Chance LLP has denied breaching any duty to Société Générale SA with its advice on a $483 million gold bullion dispute, telling a London court that the blame for the French bank's failed claim lies elsewhere.

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Insurance Co. Accuses Ex-CEO Of Siphoning £19M At Trial

By Ronan Barnard

An insurance company accused its former chief executive and a director at the start of a London trial on Monday of misappropriating millions of pounds by siphoning money from the business for his own financial benefit.

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Deezer Sues For €12M Over Hacked Data Sold On Dark Web

By William Janes

Deezer has hit a marketing software business with a claim of almost €12 million ($14 million) at a London court, alleging that the technology company negligently handled users' data that was eventually hacked and sold on the dark web.

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SECURITIES & BANKING

Wealth Manager Sues For £4.5M Over Failed Investment Deal

By Sophia Dourou

A Swiss wealth manager has sued a U.K. company for 5 million Swiss francs ($6.3 million), saying that it failed to return its investment after a share purchase deal went sideways.

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INSURANCE

Howden Says Rival's Exodus Was Inevitable In Poaching Case

By William Janes

Howden has rejected claims that it plotted to damage rival Acquinex when it decimated its warranty and indemnity team by poaching 32 employees in its own underwriting division, telling a London court the employees would have left anyway.

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COMMERCIAL FRAUD

ARBITRATION

London Judge Nixes Jurisdictional Award In Gas Plant Feud

By Caroline Simson

An English judge on Monday vacated an International Chamber of Commerce tribunal's award finding it has jurisdiction in a dispute stemming from a gas processing plant construction project for Saudi Aramco, saying the matter belongs before a London-seated ad hoc tribunal.

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EMPLOYMENT & BENEFITS

Holiday Club To Pay Worker £37K After 'Scandalous' Conduct

By Tabitha Burbidge

A former site manager at a holiday park in southeast England has won almost £37,000 ($50,000) in compensation after an employment tribunal chastised its owner for what it called among the "most egregious" examples of unreasonable litigation conduct.

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Ladbrokes Loses Appeal Against Disability Bias Ruling

By Hanna Vioque

An appellate tribunal on Monday refused to overturn a decision that Ladbrokes forced a manager with disabilities to resign after declining to up her contract from 17 to 30 hours a week despite available shifts.

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Lender Denies Helping Pharma Boss Secure Secret £6M Loan

By Eddie Beaver

A business lender has denied working with the now-former chief executive officer of an online pharmacy to take out about £6.1 million ($8.2 million) in unauthorized loans under the company's name without the knowledge of investors or board members.

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LEGAL ETHICS & MALPRACTICE

UAE Prisoner Voluntarily Drops Suit Against Ex-Dechert GC

By Emily Sawicki

A Jordanian lawyer imprisoned in the United Arab Emirates has permanently dropped a Philadelphia civil suit seeking discovery against Dechert LLP's former general counsel in the U.S. over what the law firm's leadership knew of alleged human rights abuses committed by a former partner.

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Solicitor Sues Law Firm £423K For Misusing Estate Proceeds

By Sophia Dourou

The solicitor for a deceased individual's estate has sued a law firm for £423,000 ($568,000), accusing it of using money from the sale of a house from the estate to carry out sham property purchases.

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PEOPLE

Gide Hires Restructuring Partner From HSF Kramer In Paris

By Ashish Sareen

Gide Loyrette Nouel has strengthened its restructuring team in Paris with the hire of a new partner from Herbert Smith Freehills Kramer LLP.

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LAW FIRMS IN TODAY'S NEWS

11KBW

3 Verulam Buildings

4 New Square

4 Pump Court

Addleshaw Goddard

August & Debouzy

Blackstone Chambers

Clifford Chance

De Pardieu Brocas Maffei

Dechert LLP

Erskine Chambers

Essex Court Chambers

Fountain Court Chambers

Freeths LLP

Gatehouse Chambers

Gide Loyrette

Hailsham Chambers

Herbert Smith Freehills

Howard Kennedy LLP

Kirkland & Ellis

Kramer Levin

Latham & Watkins

Littleton Chambers

Mayer Brown

Miller & Chevalier

Mishcon de Reya

Morgan Lewis

Old Square Chambers

One Essex Court

Reed Smith

Rosling King

Sidley Austin

Signature Litigation LLP

Stewarts Law LLP

Ward Hadaway

XXIV Old Buildings

COMPANIES IN TODAY'S NEWS

Conn's Inc.

Guy Carpenter & Co. LLC

Ladbrokes PLC

LinkedIn Corp.

London Court of International Arbitration

Saudi Arabian Oil Co.

Societe Generale

Solicitors Regulation Authority Ltd.

Tecnicas Reunidas SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

European Union

International Chamber of Commerce

U.S. District Court for the Eastern District of Pennsylvania

UK High Court