Axiom Ince Says SRA Missed £65M Shortfall For Months

By Sophia Dourou

Axiom Ince has challenged the solicitors watchdog's defense to the law firm's negligence claim, arguing that the regulator missed a "crucial opportunity" to uncover the alleged £65 million ($87 million) misappropriation of client money by intervening too late.

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Mercuria Says Benchmark Rules Untested In Hormuz Claim

By Ronan Barnard

Trader Mercuria Energy Group urged a London court on Friday to allow expert evidence on benchmarks and economics in its claim that the Baltic Exchange failed to account for the closure of the Strait of Hormuz when setting an oil-trading benchmark.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London, Russia's state development bank was sued in a commercial fraud claim involving military GPS technology, one of Nike's subsidiaries brought an intellectual property claim against a menswear company owner, BlackBerry re-opened a $6.49 million claim against its South Asian licensee and CBRE property services filed a claim against CMS Cameron McKenna Nabarro Olswang LLP. 

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Allianz Seeks £1.7M From Haulage Biz Over Burberry Theft

By Joel Poultney

Insurance giant Allianz has sued the British and Romanian arm of an international road haulage company for around £1.7 million ($2.27 million) over the "willful misconduct" it said led to thieves getting away with high-value Burberry stock. 

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Insurer Loses Bid To Brand Ex-CEO's £1.7M Take Dishonest

By Eddie Beaver

An appeals court rejected on Friday an insurer's argument that its former chief executive had dishonestly pocketed £1.7 million ($2.3 million) from the business, ruling that a judge had fairly concluded that he believed he was authorized to take the money.

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Italian Engineer Wins Order Blocking 'Vexatious' Russian Case

By Sophia Dourou

An Italian engineering company has successfully prevented a Eurochem subsidiary owned by a sanctioned oligarch from trying to enforce a $1.19 billion judgment against it in Russia, as a court held that the Russian proceedings are "vexatious and oppressive."

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Worker Wins Dismissal Case Over Untested Anonymous Tip

By Max Austin

A tribunal has ruled that a charity unfairly dismissed a support worker after it relied solely on an anonymous witness' untested account that accused her of plotting to oust its chief executive.

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Analyst Forced To Leave UK After No-Notice Firing Wins Claim

By Max Austin

An employment tribunal has ruled that an electronics retailer unfairly fired a business analyst without warning after it failed to follow a fair disciplinary process, despite knowing he would lose his visa sponsorship as a result.

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Why Tonzip Is Notable In English Sanctions Law Development

The Court of Appeal's ruling in Tonzip Maritime Ltd. v. 2Rivers Pte Ltd., the latest in the English law of sanctions ownership and control, confirms that where a contract refers to sanctions exposure, the relevant question may be whether there is a real and objectively reasonable risk, not whether a sanctions breach has already been proved, say lawyers at Michelman Robinson.

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