From the Litigation Tracker

Judge

The Hearing: English law’s international reputation at risk; and don’t dwell on Supreme Court’s trip up North

Welcome to The Hearing, your weekly insider’s guide to the litigation market. Did you enjoy your ride on the Truss-coaster? As Rishi Sunak stood outside Downing Street on Tuesday morning, a light sprinkling of stability seemed to fall on the country. Everything’s relative though. Just take Dominic Raab’s return to the MoJ, which marks the […]

Argentina

In court this week: Argentina, electronic cigarettes and trucks

Billion-pound trial against Argentine Republic begins Kicking off today is the mammoth case worth an estimated £1.7bn as the Argentine Republic and Bank of New York Mellon get set to defend themselves in a bond debt securities claim. The claims stems from Argentina’s bond crisis, which began in 2005. The South American country needed a […]

HIgh Court London

Our Verdict: High Court criticises Magistrates’ Court judgment; and HSF takes on Osborne Clarke in HS2 dispute

High Court slaps down Magistrates’ Court ruling in sanctioned Russian oligarch “test case” The High Court ruled on Tuesday that the Magistrates’ Court did not “undertake the task required of it at all” and set aside its July judgment in a freezing order case involving a sanctioned Russian oligarch. The National Crime Agency (NCA) took […]

Shell oil

Slaughters to defend Shell directors in climate change claim

Update: 9 February 2023 This claim was filed by ClientEarth in early February 2023. The directors of oil giant Shell have instructed Slaughter and May to defend a climate-related claim that is set to be brought against them by environmental law organisation ClientEarth. ClientEarth has accused Shell’s 13 executive and non-executive directors in a letter […]

Bangkok Thailand

In court this week: Thai fraud, Huawei and Novartis

Thai businessmen fraud case begins Kicking off on Monday for a whopping 17 weeks is the high-profile case that alleges fraud against a leading renewable energy company in Thailand. The $2bn case alleged that former manager of Wind Energy Holding, Nop Narongdej, along with several other individuals and entities including the Siam Commercial Bank, have […]

money bag funding

The Hearing: litigation funders want to invest in firms; don’t worry about European regulation; and start prepping for the LDI fallout

Welcome to your second edition of The Hearing, The Lawyer’s indispensable weekly insight into the litigation market. You can’t leave your house these days without someone running past you screaming “recession!” (still, better than that time when we actually couldn’t leave the house), and now you’ll be bombarded by The Lawyer too, as this week’s instalment […]

Cryptocurrency

Three City firms defend crypto giants in £9.9bn class action

Major cryptocurrency exchanges accused of collusion have instructed City litigators to challenge a £9.9bn consumer class action at the Competition Appeal Tribunal (CAT), The Lawyer can reveal. The Lawyer understands that Binance, the world’s largest crypto exchange, is being represented by Allen & Overy’s London litigation head Arnondo Chakrabarti and partner Kristina Nordlander. San Francisco-based […]