London Metal Exchange back in court over $12bn nickel trade cancellation After the world’s leading centre for trading in industrial metals, the London Metal Exchange, cancelled nickel trades valued up to $12bn following an unexpected price spike in 2022, US hedge fund Elliott Associates brought a judicial review against the LME. The claimants, Elliott Associates […]
Orange juice cartel squeezes into Court of Appeal Pogust Goodhead is representing 1,600 orange growers, 22 companies and the Brazillian Association of Citrus Growers in a one-day hearing at the Court of Appeal on Tuesday (2 July) in a suit against the estate of Brazil’s “Orange King”, José Luis Cutrale, who died in 2022. The […]
Some of the world’s largest salmon producers are being hit with a new class action, alleging unlawful collusion to increase salmon prices for consumers. Simmons & Simmons is representing class representative Waterside, a special purpose vehicle represented by Anne Heal, former OpenReach managing director of strategy and regulatory affairs group director at BT. The claim […]
The Competition Appeal Tribunal has handed down a judgment that time bars almost a third of the infringement period in the Merricks/Mastercard class action, as well as a fifth of the total claim, according to the defendant’s lawyers at Freshfields Bruckhaus Deringer. Class representative Walter Merricks’ claim had been brought to cover the period between […]
This week on Spotlight, we’re taking a closer look at a rapidly expanding disputes boutique, which has followed the blueprint laid out clearly by Quinn Emanuel’s John Quinn.
Specialist class action firm Geradin Partners is filing a £2.5bn lawsuit against Amazon to rival Willkie Farr & Gallagher’s £1bn claim, which was filed last week. Geradin’s opt-out claim will be brought by Professor Andreas Stephan, a competition law scholar and the head of the University of East Anglia Law School, on behalf of UK […]
Quinn Emanuel Urquhart & Sullivan has lost its UK head of competition, a year and a half after he joined the firm. Lambros Kilaniotis left the firm in April, having joined Quinn from RPC (where he was head of competition) in January 2023 to co-head Quinn’s UK competition practice with partner Kate Vernon. In a […]
Competition specialist Hausfeld has lost its co-instruction mandate on Justin Gutmann’s boundary fares class action. Since 22 February, Charles Lyndon has been the sole representation for the class representative as the boundary fares case rolls through the Competition Appeal Tribunal (CAT). Hausfeld had been co-instructed alongside Charles Lyndon on the Gutmann claims throughout the dispute, […]
Luxury goods giant LVMH joins interchange fee dispute French luxury goods behemoth LVMH Moët Hennessy Louis Vuitton has swung into the merchant interchange fees dispute with over 25 separate claims filed by its subsidiaries against Visa and Mastercard between 24 and 25 April. The Lawyer understands that the claims form an addition to the long-running […]
Competition boutique Geradin Partners opens its doors in Paris today as the firm seeks to become a serious player in the French capital’s vibrant competition and litigation scenes. Opening on the same block as Freshfields in the heart of Paris’ 8e Arrondissement, Geradin has brought in competition litigator Marc Barennes from Bureau Brandeis with his […]
Sports Direct takes on Newcastle United in kit rights clash The Magpies are heading to the Competition Appeal Tribunal tomorrow (9 April) for one day in a claim brought by Sports Direct, as the high street sports equipment retailer challenges Newcastle United over its third-party kit sales policy. Sports Direct, represented by Travers Smith, alleges […]
Quinn Emanuel Urquhart & Sullivan client Phones 4u (P4u) has been granted permission to appeal its £1bn competition suit against some of the biggest mobile network providers, following a defeat in the High Court last year. The firm has succeeded in having eight grounds approved to take to appeal, including the allegation that an exchange […]