A claim has been issued against the Financial Times by Crispin Odey, nearly a year after the newspaper’s investigation into the hedge fund manager was published. In June 2023 the FT published an investigation with allegations of sexual harassment or assault from 13 women who had worked for his firm, Odey Asset Management. Odey yesterday […]
In this week’s Spotlight, we take a look at Wiggin’s music team to discover the disputes behind our favourite hits. The market: The music industry has been one of the hardest hit by emerging technologies and mediums such as shortform video and artificial intelligence (AI). Streaming now dominates how music is consumed, and while it’s […]
Claimants, defendants and funders will be expected to engage with a new review into how disputes are backed by third-parties, amid concerns over rising costs caused by delay tactics in litigation.
SRA files new claim over Axiom Ince collapse The Solicitors Regulation Authority (SRA) has filed a new matter with the courts. Listed on the public filing system against the former boss of collapsed firm Axiom Ince, Pragnesh Modhwadia, the suit is listed as a Part 8 miscellaneous matter, which usually seeks the court’s decision on […]
Mammoth Glencore securities litigation goes for first CMC Hundreds of claimants participate in five separate matters, with representation from Stewarts, Pallas Partners, Quinn Emanuel Urquhart & Sullivan, BCLP and Fox Williams. The Glencore group action is a mammoth case, due to go before the Business and Property Courts for a three-day CMC beginning tomorrow (21 […]
A long-running negligence claim launched by an ex-KPMG Singapore partner against Herbert Smith Freehills (HSF) has taken a new turn after inconsistencies were alleged against a key witness of the firm. The claimant in the proceedings is KPMG’s ex-head of restructuring, Graham Martin, who instructed HSF in 2017 to challenge a worldwide freezing order brought […]
This week on Spotlight, we laser in on the legal regulatory team (also known as legal professional discipline) at Kingsley Napley. The market: The Solicitors Regulatory Authority (SRA) has widened its interests considerably in recent years. The MeToo movement has since evolved into concern about culture at law firms, anti-money laundering (AML) has become much more prominent […]
No sooner had Freshfields confirmed its salary rise, Quinn Emanuel swooped in and stole its thunder. It’s a bold move that will cost the firm millions more each year.
“AI-powered” bank board faces claim from investors Members of the current and former board of Tintra, an AI-powered DeepTech bank based in London have been hit with a part 7 ‘other’ claim in the London Circuit Commercial Court, filed on Wednesday (8 May) by US-based former investors Fintech Leaders Fund LLC (FLF). A part 7 […]
Quinn Emanuel Urquhart & Sullivan and Fountain Court prepare to represent clients across a number of court hearings this week. JP Morgan clashes with Greek investment hearing in race to €5bn After investment banking giant JP Morgan and Greek investment company WeRealize filed parallel claims against one another in mid-February this year, their dispute has […]
In this week’s Spotlight, we delve into the often-confusing world of restructuring disputes, to find out how DLA Piper comes to the rescue when a company goes under. The market: While restructuring disputes used to be the remit of clearing banks and the Big Four accounting firms, the market has undergone a huge diversification in […]
Welcome to this week’s edition of The Hearing, your insider’s guide to the UK litigation market. This week, we look at why Freshfields’ NQ pay rise makes it the most desirable litigation firm for associates, and whether judge selection is still just an old boys’ club. First though, there is a sense of inevitability among […]