Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.
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Dentons Says AML Claims Shouldn't Face Tribunal Rerun

By Ronan Barnard

Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.

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Russian Sanctions Blocked $69M Unicredit Lease Payments

By Joanne Faulkner

Unicredit rightly withheld $69.3 million in payments to aircraft lessors for planes stranded in Russia, Britain's top court ruled Wednesday, as it found that the sanctions regime prevented the bank from making payments connected to the supply of aircraft to Russian airlines.

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Condé Nast Says Promoter Pushed Bogus Oscar Party Tickets

By Sophia Dourou

The owner of Condé Nast said that an events promoter infringed its trademarks by promoting "bogus" tickets to exclusive events such as the Vanity Fair Oscars party, its lawyers told the first day of a trial on Wednesday.

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Odey Denies Trying To Silence Groping Victim In FCA Probe

By William Janes

Crispin Odey told a London tribunal on Wednesday that he denied trying to stop a member of staff who he had groped from speaking to the Financial Conduct Authority while it investigated his conduct at the hedge fund.

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COMPETITION

Amazon Can't Ax Overlapping Price Inflation Class Actions

By Eddie Beaver

Amazon has failed to strike out a class action over its allegedly abusive pricing policies which saw higher fees passed on to consumers, as a tribunal rejected the technology giant's argument that the proceedings are an abuse of process.

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PROFESSIONAL SERVICES

BDO Denies Botching Audits And Costing Insurer $100M

By Eddie Beaver

BDO has denied negligently issuing clean audit opinions for an insurer and causing more than $100 million in losses and liquidation costs in the run-up to the company's collapse.

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CONTRACTS

ITV Says Ex-Top Model Judge Could Have Avoided Jungle Fall

By Max Austin

ITV has rejected claims by '80s supermodel Janice Dickinson that it failed to ensure her safety during filming of "I'm a Celebrity… South Africa," asserting that her fall in the jungle at night could have been avoided had she used the lamps provided to her. 

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INSURANCE

Tokio Marine Unit Settles £46M London Property Project Row

By Joel Poultney

A property company has settled a £46 million ($62 million) claim with a subsidiary of Tokio Marine HCC that it argued must pay out to cover an insolvent construction contractor for alleged failures linked to an apartment block and luxury hotel in London.

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INTELLECTUAL PROPERTY

Music Biz Moves To Strike Out Record Label's Contract Claim

By Hanna Vioque

A music company has denied breaching an administration agreement with its former business partner, claiming that the rival had sent several invalid notices and had no right to terminate their broader licensing deal.

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EMPLOYMENT & BENEFITS

Ex-British Council Staffer Wins Appeal Of Compensation Cut

By Jamie Lennox

A London appeals judge on Wednesday overturned a 35% reduction to the discrimination payout for a former British Council employee who quit after alleging that a senior colleague had sexually harassed her.

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ARBITRATION

S. Korea, Elliott Dispute Over Samsung Merger Set To Restart

By Caroline Simson

South Korea's Ministry of Justice said Wednesday it is preparing for U.S. hedge fund Elliott Associates to resubmit its claim accusing the government of interfering in an $8 billion merger between two Samsung affiliates in 2015, weeks after a London court set aside a previous award in the dispute.

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EXPERT ANALYSIS

What 2nd Circ. Discovery Stay Means For Sovereign Litigation

The Second Circuit’s recent stay of a postjudgment discovery order against Argentine officials in an oil investment dispute is worth examining in its full doctrinal and practical context, as limiting enforcement efforts that pry into foreign governments' internal workings could quietly reshape the trajectory of sovereign litigation in the U.S., says Josep Galvez at 4-5 Gray's Inn.

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LAW FIRMS IN TODAY'S NEWS

11KBW

3 Verulam Buildings

4 5 Gray's Inn Square

4 New Square

4 Stone Buildings

7 King's Bench Walk

Brick Court Chambers

Bryan Cave

Cloisters

Covington & Burling

DWF LLP

Dentons

Elliott & Associates

Essex Court Chambers

Eversheds Sutherland

Fountain Court Chambers

Gateley PLC

Kingsley Napley

Mills & Reeve

Monckton Chambers

One Essex Court

QEB Hollis Whiteman

Quinn Emanuel

Reynolds Porter

Shoosmiths LLP

Stephens Scown

Stephenson Harwood

Taylor Wessing

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

BDO LLP

Forvis Mazars LLP

International Centre for Settlement of Investment Disputes

Kobalt Music Group Ltd.

Michaels Stores Inc.

NextEra Energy Inc.

Odey Asset Management LLP

PricewaterhouseCoopers LLP

Samsung C&T

Samsung Electronics Co. Ltd.

Sberbank of Russia

Solicitors Disciplinary Tribunal

Solicitors Regulation Authority Ltd.

Tokio Marine HCC

UniCredit

Vanity Fair

Victoria's Secret & Co.

YPF SA

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

Financial Conduct Authority

Office of Fair Trading

Permanent Court of Arbitration

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the Southern District of New York

UK High Court

UK Ministry of Justice

UK Supreme Court

UK Upper Tribunal