Pogust Goodhead warned claimants at a High Court hearing on Monday that any attempt to replace it in litigation against BHP over Brazil's Mariana dam disaster could leave them facing legal bills exceeding £2 billion ($2.6 billion).
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Pogust Warns BHP Claimants Of £2B Costs If Firm Is Ousted

By Joanne Faulkner

Pogust Goodhead warned claimants at a High Court hearing on Monday that any attempt to replace it in litigation against BHP over Brazil's Mariana dam disaster could leave them facing legal bills exceeding £2 billion ($2.6 billion).

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Interview

How Devonshires Won A Fight Over Construction Defaults

By Eddie Beaver

Lawyers for a housing association doubted they would get the chance to show that the Court of Appeal had erred in a ruling. So the team at Devonshires was stunned when Britain's highest court agreed to hear an appeal. Here, members of the team tell Law360 how their confidence was vindicated.

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Amazon Urges CAT To Reject £6.3B Claim As Duplicative

By Ronan Barnard

Amazon told a London antitrust tribunal Monday that a proposed consumer class action estimated to be worth up to £6.3 billion ($8.3 billion) should be rejected, arguing that it would duplicate work done for similar claims and "generate vast returns" for lawyers and funders.

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Lessors Say Reinsurers Owe $4B For Planes Stuck In Russia

By Sophia Dourou

Reinsurers cannot refuse multibillion-dollar claims for planes stranded in Russia on the basis that they're not covered by reinsurance policies arranged by airlines, a group of lessors told the opening of trial Monday.

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SECURITIES & BANKING

FCA Redress Program 'Fatally Flawed,' Lenders Tell Tribunal

By Alex Davidson

Motor finance lenders and a consumer advocacy body labeled the Financial Conduct Authority's redress program as fundamentally flawed at the Upper Tribunal on Monday, with some asking to allow expert witnesses to challenge the assumptions.

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DATA PROTECTION

Software Sellers Deny Hiding Russia Risks In $53M Sale

By Eddie Beaver

The sellers of a software developer have denied concealing its business with sanctioned Russian entities including Sberbank and Gazprombank ahead of the developer's $53 million sale, arguing that the relationships were "expressly" disclosed to the buyer during due diligence.

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CONTRACTS

Russian Boat Co. Wins $40M Claim Over Sanctions Lease Exit

By Isabel Jackson

A Russian state-owned boat-leasing company has won a $40 million claim against four Cypriot businesses that failed to meet their obligations as guarantors of charters wrongly terminated after Russia invaded Ukraine.

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INSURANCE

Property Investor Claims £20M Over Shoreditch Hotel Defects

By Laura Stewart Liberty

A Luxembourg real estate debt investment company has sued an engineering consultancy and a design firm for £20 million ($26.4 million), alleging that defects in a Shoreditch hotel development caused a sale to fall through.

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Contractors Deny Fault In £113M Housing Blocks Rebuild

By Joel Poultney

An architect and engineering company embroiled in a row over a £113 million ($150 million) construction bill have separately denied they must pay out to help rebuild blocks of flats with defective fire protections.

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Clean Energy Fund Sued For £2.8M In Grid Connection Costs

By Isabel Jackson

A renewable energy investment fund has been sued by solar energy company Enviromena for £2.8 million ($3.7 million), after a project it acquired from the fund had higher grid connection costs than expected.

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INTELLECTUAL PROPERTY

Dr. Reddy's Opens Trial Over Diabetes Treatment Patents

By Alex Baldwin

Counsel for generic drugmaker Dr. Reddy's urged a London court Monday to invalidate patent protections for Boehringer Ingelheim's billion-dollar diabetes treatment, in a bid to clear the way for its own generic version.

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Generic Drugmaker Says Rival Misused Melatonin Secrets

By Jamie Lennox

A generic drugmaker has accused a rival of misusing its confidential information about insomnia treatment melatonin, asking a London court to block its opponent from using the information to market a competing version of the drug.

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Vendor Says Supplier Duped Customs With Bogus IP Claim

By Max Austin

A British vendor for Costco has sued a Dutch supplier and the Home Office, accusing the company of approving a fried chicken shipment then falsely reporting copyright infringement to get border officials to detain it.

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TAX

White & Case Hits Back At Agency Over Flawed-Advice Claim

By Max Austin

White & Case LLP has denied responsibility for £2.6 million ($3.4 million) in alleged tax liabilities, arguing that a lettings agency sought advice from Laytons LLP before deciding to pay millions in dividends to offshore trusts.

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LITIGATION FUNDING

Listed Litigation Funder To Wind Down After $115M Loss

By Marialuisa Taddia

Australia-based Litigation Capital Management Ltd. said it is winding down its existing operations after its net loss more than doubled to AU$165.7 million ($115 million), citing investment performance that "deteriorated sharply" over the past two years.

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ARBITRATION

Gas Co. Plans Challenge To Arbitral Award In Moldova Feud

By Caroline Simson

A Liechtensteiner natural gas utility said Monday that it is "considering immediate legal actions" to set aside an arbitral award favoring Moldova in a dispute over allegedly unfair tariffs and other actions that restricted the utility's access to Moldova's natural gas network. 

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LAW FIRMS IN TODAY'S NEWS

11 South Square

3 Verulam Buildings

4 New Square

4 Pump Court

7 King's Bench Walk

Bailey & Glasser

Baker McKenzie

Bevan Brittan

Blackstone Chambers

Brick Court Chambers

CMS Cameron McKenna Nabarro Olswang

Charles Russell Speechlys

Clarke Willmott

Clyde & Co

Covington & Burling

DLA Piper

Devonshires Solicitors

Essex Court Chambers

Fieldfisher

Fladgate LLP

Fountain Court Chambers

Freshfields

Gatehouse Chambers

HSF Kramer

Henderson Chambers

Hogan Lovells

Holman Fenwick

Humphries Kerstetter

Keoghs LLP

Keystone Law

Kirkland & Ellis

Laytons LLP

Meritz Reddy

Mishcon de Reya

Monckton Chambers

Morgan Lewis

Nabarro LLP

One Essex Court

Pogust Goodhead

Quadrant Chambers

Quinn Emanuel

Reynolds Porter

Shoosmiths LLP

Simmons & Simmons

Stephenson Harwood

Stevens & Bolton

TLT LLP

Three New Square

Twenty Essex

Underwood Solicitors LLP

White & Case

Wordley Partnership

COMPANIES IN TODAY'S NEWS

AXA SA

Amazon.com Inc.

American International Group Inc.

Boehringer Ingelheim Corp.

Boehringer Ingelheim Vetmedica Inc.

Clarion Housing Association Ltd.

Costco Wholesale Corp.

Dr. Reddy's Laboratories Ltd.

Dubai Aerospace Enterprise

Fidelis Underwriting Ltd.

Insightsoftware

Intermediate Capital Group PLC

International Centre for Settlement of Investment Disputes

KPMG International

Liberty Mutual Insurance Group

Litigation Capital Management

London Stock Exchange Group PLC

MS Amlin PLC

Mercedes-Benz USA LLC

National Grid PLC

PACCAR Inc.

Public Joint Stock Co. Gazprom

Sberbank of Russia

Therium Capital Management Ltd.

Volkswagen AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

European Union

Financial Conduct Authority

HM Revenue & Customs

UK High Court

UK Upper Tribunal