“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 […]
Simmons & Simmons’ client takes on communications provider Unify A client of Simmons & Simmons has filed a new part 7 claim in the Commercial Court on 30 April against corporate communications tech company Unify Software and Solutions. A part 7 claim seeks monetary damages to resolve a dispute. Unify, which is owned by Canadian […]
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, […]
This week on Spotlight, we delve into the multi-jurisdictional and strategic world of enforcing arbitral awards with the London team at Gibson Dunn & Crutcher. The market: There’s been a steady increase over the last several years in companies not seeing a dime following a successful arbitration award, leading to a sharp uptick in the need for […]
Welcome to this week’s edition of The Hearing, your weekly insider’s guide to the UK’s litigation market. It is the May 1 and hundreds of lawyers are stepping into their first day as new partners. Litigation promotions were a mixed bag across US firms. Several major players, namely Quinn Emanuel and Hogan Lovells, did not […]
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 […]
Computer giant IBM’s mainframe litigation lands in court Today (29 April) Quinn Emanuel takes on Clifford Chance in the Technology and Construction Court for a 28-day trial that will be watched closely by tech companies and regulators across the globe. This mammoth litigation is one of The Lawyer’s top 20 cases of 2024. IBM brought […]
Formula 1 team Alpine Racing has filed a claim against its official sustainability platform partner, green investment business Ecowatt. Represented by Bird & Bird, the Renault-owned team filed a part 7 “general commercial contracts and arrangements” claim in the England and Wales Commercial Court against its sustainability partner on 25 April. A part 7 claim […]
For this week’s Spotlight, we’re highlighting Baker McKenzie’s employment law team to see how rising industrial action, new technologies and regulations are changing the field. The market Unfair dismissal claims and misconduct remain the bread and butter of defendant side employment lawyers. However, whistleblowing claims, involving regulatory angles are taking on a growing role in […]