The use of artificial intelligence tools is expected to spark novel battles for disclosure during litigation, with opposing parties likely to clash over the confidentiality of AI systems and whether their use has undermined privilege.
Law360 UK
Commercial Litigation
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Analysis

AI Opens New Front In Litigation Battles Over Privilege

By William Janes

The use of artificial intelligence tools is expected to spark novel battles for disclosure during litigation, with opposing parties likely to clash over the confidentiality of AI systems and whether their use has undermined privilege.

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Argentina Accused Of Misusing GDP Data In €1.5B Debt Row

By Eddie Beaver

Argentina is facing renewed legal action from hedge funds that accused it of using incorrect gross domestic product figures for calculating its €1.5 billion ($1.7 billion) outstanding debt to bondholders, which said Monday they have obtained a court order demanding as much.

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Orrick Fights To Ax Carlyle Investment Deal Negligence Case

By William Janes

Orrick Herrington & Sutcliffe LLP fought Monday to toss a claim that it caused a Nigerian tourism business to lose almost $74 million by negligently advising on an investment deal involving Carlyle Group, arguing the case was brought too late.

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Analysis

MoD Looks To Knock Out Whistleblower's Saudi Bribery Claim

By Christopher Crosby

A London court is due to weigh whether a whistleblower has the right to sue the government and a former Airbus subsidiary for damages starting Tuesday amid allegations that he was sacked and blacklisted for exposing corrupt payments to high-ranking Saudi officials.

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BHP Beats Criminal Contempt Claim In Brazilian Dam Case

By William Janes

BHP won a bid in a London appeals court on Monday to dodge criminal contempt proceedings over allegations it lodged a case in a Brazilian court to halt claims in England connected with the collapse of a dam. 

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COMPETITION

Class Rep Hit With £15M Bill Over Failed Train Ticket Claim

By Lucia Osborne-Crowley

A consumer rights champion has been ordered to pay up to £15 million ($20 million) in legal costs over his failed class action accusing a group of train operators of abusing their dominant position and forcing some passengers to pay double the fare.

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DATA PROTECTION

Mirror Group Trims Time-Barred Phone Hacking Claims

By Eddie Beaver

A London court on Monday dismissed as time-barred the claims of four alleged phone-hacking victims against Mirror Group Newspapers, but ruled that another claim sticks because the publisher had misled the claimant about the source of leaked information.

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INSURANCE

Insurers Beat AmTrust's £59M Claim Over Legal Funding Fail

By Lucia Osborne-Crowley

AmTrust failed in its bid to hold an insurer of two defunct law firms liable for £59 million ($78 million) in defaulted loans after a court ruled Monday that the losses incurred in claimant cases were not covered by the firms' insurance policies.

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Reinsurers Bid To Prune Chubb, Fidelis Russia Aircraft Claims

By Ronan Barnard

Reinsurers including AIG and AXA asked a London judge on Monday to trim Chubb and Fidelis' claims to cover their liability to aircraft lessors for planes stranded in Russia after the invasion of Ukraine, saying they should have brought their claims via subrogation.

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Insurers Refuse To Cover Solicitors' Debt In £1M Payment Row

By Joel Poultney

The insurer of an insolvent solicitors' firm has said exclusions in the pair's policy means it does not have to pay more than £1 million ($1.33 million) to a legal expense insurance company over allegedly missed payments linked to after-the-event litigation policies.

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COMMERCIAL FRAUD

Investec Denies £22M Loan Breached Sberbank Sanctions

By Eddie Beaver

Anglo-South African lender Investec Bank PLC has denied that its lending provided funds to PJSC Sberbank in breach of sanctions, while pressing home its claim that two business executives owe it almost £22 million ($29.3 million) under loan agreements.

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TAX

Brokerage Lacks NY Ties In Pensions' Tax Claims, Judge Says

By Molly Moses

A New York federal court threw out claims by three pension plans against a London brokerage firm that, according to the plans, executed fraudulent refund claims for them to the Danish tax authority, finding the brokerage had insufficient ties to New York.

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PEOPLE

Brief

Ex-Barclays Lawyer Joins Scottish Firm Holmes Mackillop

By Ashish Sareen

Holmes Mackillop said Monday that it has hired an in-house lawyer from Barclays as the firm expands in Scotland.

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EXPERT ANALYSIS

Crypto-Asset Market Downturn Is Driving Litigation Risk

Recent volatility in the crypto-asset market has placed a strain on balance sheets and laid bare weaknesses that may have been overlooked during more stable periods, increasing the risk for disputes over whether procedures or enforcement have been carried out correctly, say lawyers at Kennedys.

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LAW FIRMS IN TODAY'S NEWS

4 New Square

4 Pump Court

7 King's Bench Walk

Aberdein Considine

Binder & Schwartz

Blackstone Chambers

Burges Salmon

CMS Cameron McKenna

Cloisters

Clyde & Co

DWF LLP

Dechert LLP

Essex Court Chambers

Farrer & Co.

Fountain Court Chambers

Freeths LLP

Freshfields

Goldstein Law Group

HSF Kramer

Hamlins LLP

Harbottle & Lewis

Harris Solicitors

Hausfeld LLP

Holman Fenwick

Holmes Mackillop

Irwin Mitchell

K&L Gates

Kennedys Law LLP

Kostelanetz LLP

Leigh Day

Matrix Chambers

Monckton Chambers

Nabarro LLP

One Essex Court

Orrick Herrington

Outer Temple Chambers

Pogust Goodhead

Pure Legal

Quinn Emanuel

Reed Smith

Reynolds Porter

Shoosmiths LLP

Sidley Austin

Slaughter and May

Sullivan & Cromwell

Twenty Essex

COMPANIES IN TODAY'S NEWS

AXA SA

AerCap Holdings N.V.

American International Group Inc.

Anthropic PBC

BHP Group PLC

British Broadcasting Corp.

Ethereum GmbH

Fidelis Inc.

Financial Times Group Ltd.

Fort Point Capital

HBK Investments LP

Investec PLC

Project Management Ltd.

Sberbank of Russia

Sompo International Holdings Ltd.

The Bank of New York Mellon Corp.

The Carlyle Group Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Competition Appeal Tribunal

Department for Business, Energy and Industrial Strategy

Financial Conduct Authority

Serious Fraud Office

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

UK High Court

UK Upper Tribunal