International Edition

'Get Your House in Order' SFO Warns Corporates, as UK Government Issues Long-Awaited Fraud Guidance

The guidance has been described as 'seismic' and a 'game-changer' by law firm partners.
3 minute read

Delaware Business Court Insider

Veteran Delaware DOJ Lawyer Has Become New Magistrate in Chancery

The new addition is expected to increase the capacity of the business court as part of a "sustained expansion."
2 minute read

New York Law Journal

Business Unusual: Recent Applications of New York's Business Judgment Rule

Although the business judgment rule provides broad protections, it is not absolute and can be overcome when directors' actions fall outside of the bounds of acceptable corporate behavior. In her article, Lara Flath looks at recent decisions by New York courts at various stages of litigation that reviewed allegations of self-dealing or self-interest on the part of defendants. 
6 minute read

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

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