Number of Russians using London Commercial Court reaches new record despite sanctions London courts A record number of Russian litigants have used the London Commercial Court in the past year despite sanctions imposed in the wake of the war in Ukraine, new research has revealed. The number of Russian litigants appearing in the Commercial Court, part of the Business and Property Courts of the High Court, rose by 41 [...]
Power of sanctions: Russians are abandoning their beloved London courts LEGAL There has been a dramatic drop over the past year of Russian businesses and individuals using London’s Commercial Court
ENRC: Court refuses SFO bid to appeal rulings in legal battle with Kazakh mining firm SFO at court The Commercial Court rejected the UK anti-fraud agency’s application to appeal two recent decisions in the long-running ENRC litigation. The Serious Fraud Office (SFO) has been involved in the long-running dispute by the Kazakh mining firm Eurasian Natural Resources Corporation (ENRC) after it launched an investigation into it over alleged bribery and corruption back in [...]
Litigation-focused law firms are on the rise in London says co-founder of Quillon Law May 20, 2024 Quillon Law currently has five partners: one of counsel, a consultant, three associates and two junior lawyers.
F1 Team Alpine files legal action against its sustainable partner in England April 30, 2024 French F1 team Alpine has launched legal action against its sustainable partner after filing a claim to the English High Court
Alaska Airlines and Virgin battle royalties dispute at Court of Appeal March 6, 2024 Alaska Airlines has appealed a $160m court ruling over its decision to stop paying brand royalties to Virgin Aviation and Virgin Enterprises after it bought Virgin America. Alaska Air Group acquired Virgin America in 2016 at a cost of approximately $4bn and by 2019, Virgin America was fully integrated into Alaska Airlines, with all Virgin [...]
NATs row: Ryanair launches legal fight against Britain’s air traffic control provider April 23, 2024 Ryanair has launched a lawsuit against Britain’s NATs over the network-wide failure last August which saw thousands of flights grounded
Another fine mess: Credit Suisse faces £750m bill over former Georgia PM’s assets May 26, 2023 The embattled, scandal-hit and soon to cease to exist lender Credit Suisse announced this morning it will appeal a ruling in a Singapore court that it breached its duty to safeguard the assets of a former Georgian Prime Minister. The ruling, in a Singapore court, will see the bank forced to cough up $926m (£750m) [...]
London Market insurers seeking to relocate an aviation case to war-torn Ukraine March 18, 2024 The companies have had several aircraft damaged or destroyed in Dnipro International Airport and Boryspil International Airport following missile attacks as a result of the war.
HSBC heads for blockbuster trial today over Disney film tax scheme February 5, 2024 HSBC will defend itself from a £240m legal action by more than 500 investors over a Disney film tax scheme that resulted in large tax bills.