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International Edition

Leigh Day Cleared of Wrongdoing in £55M Shell Settlement with Nigeria

London's High Court dismissed unauthorized disbursement claims against law firm Leigh Day related to a £55 million settlement over an oil spill in Nigeria.
2 minute read

International Edition

Judge Grants Quinn Emanuel Costs Deduction in 'Forged' Document Litigation

Earlier this month, the law firm was ordered by London's High Court to reveal the identity of the supplier of an allegedly forged document that claimed a Russian oligarch had underpaid a rival by roughly $300 million in a buyout deal.
2 minute read

International Edition

Ogier, Baker McKenzie Secure Win as U.K. Dismisses Cayman PE Fund's Appeal in $100M Kuwaiti Fraud Case

Kuwaiti investors plan to carry on their legal battle in the Cayman Islands Grand Court over allegations of fraud and corruption involving fund managers at Wellspring Capital Group and KGL Investment Company Asia.
2 minute read

The American Lawyer

Secrecy Or Prejudice: Panelists Debate Transparency in Litigation Financing Arrangements

One defense attorney argued that disclosure of funding agreements would allow litigants to determine how much control funders exercise, but litigation funders contend that existing ethics rules offer sufficient protections.
6 minute read

International Edition

Think Tank Blames Litigation Funding for Harming UK 'Business Confidence'

The Adam Smith Institute states on its website that it aims 'to promote free market, neoliberal ideas through research, publishing, media outreach, and education'.
4 minute read

Delaware Business Court Insider

Supreme Court Asked If Ellison's Plans Affected Oracle's NetSuite Acquisition

Counsel for shareholders said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal.
3 minute read

Daily Business Review

Big Law Assembles as Cruise Lines Clinch Partial Victory in $439M Havana Docks Suit

"As a member of the Cuban American community in South Florida whose family lost everything following the 1959 Cuban revolution, wholeheartedly agree with the dissent," said one attorney not associated with the lawsuit.
8 minute read

New York Law Journal

Fraud 'Beyond Doubt': Judge Awards $1.6 Billion Over Delayed Resort Development

The decision from Manhattan Supreme Court Justice Andrew Borrok awarded the developer behind Baha Mar, BML Properties, the entire $845 million investment in the development, as well as interest on that amount dating back to May 2014.
2 minute read

New York Law Journal

Purchaser Representative in Truth Social Deal Seeks Trump Media Records

Morrison & Foerster filed the complaint on Monday in the New York Supreme Court's commercial division on behalf of purchaser representative in the deal that closed in March.
3 minute read

International Edition

Diamond-Rich Africa Risks Disputes Over Push to Own 24% of Mining Companies

Botswana, the world's second-largest diamond producer, will require companies to sell a 24% stake to locals under a revised law awaiting presidential…
4 minute read

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