Dechert's Office in Manhattan, New York. Photo: Ryland West/ALM Dechert Resolves Hacking Claims Brought by Aviation Entrepreneur
Farhad Azima had already reached a settlement with the global firm in a portion of the dispute playing out in London courts, but the fight had continued in New York federal court.
September 19, 2024 at 04:03 PM
2 minute read
Aviation entrepreneur Farhad Azima settled long-running hacking allegations against Dechert and two of its former partners in New York federal court Thursday, in an agreement separate from one reached in the U.K. in February that was estimated to include at least 3 million pounds in damages.
Azima filed a motion to voluntarily dismiss the Southern District of New York case, which claimed that Dechert and former partners Neil Gerrard and David Hughes engaged in a scheme to steal Azima's data on behalf of a client in order to besmirch Azima's reputation and businesses.
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