02/14/2022
Ex-China Development Bank exec arrested on bribery suspicion
China's top graft-busting agency, the Central Commission for Discipline Inspection, announced in September that He was under investigation
Court Cases
02/14/2022
Employee vs contractor – High Court crucial clarification provides guidance for employers
The decisions highlight the importance for employers in drafting written contracts for both independent contractors and employees.
02/14/2022
Mayer Brown trial victory named a 2021 “Top Verdict” by Daily Journal
The annual list showcases the largest and most significant verdicts and appellate reversals in California.
02/14/2022
Landmark Australian cartel prosecution dropped
It is one of only a handful of criminal cartel proceedings brought in Australia to date and the first to consider the application of cartel laws to financial markets activity.
02/11/2022
Chinese Exile Guo Wengui Held in Contempt, Must Pay $134 Million
The Lady May made the news in 2020 when Trump ally Steve Bannon was arrested on unrelated federal charges while on board the vessel
02/09/2022
Two Arrested for Alleged Conspiracy to Launder $4.5 Billion in Stolen Cryptocurrency
Government Seized $3.6 Billion in Stolen Cryptocurrency Directly Linked to 2016 Hack of Virtual Currency Exchange
02/09/2022
Australian judges could shape law on AI inventorship globally
In his patent applications, Thaler has named his ‘DABUS’ system as inventor, arguing that patent law supports the concept of AI inventorship.
02/08/2022
New English court witness statement rules have positive early effect
Many practitioners had reservations about allowing written witness statements, fearing the move would lead to lawyers drafting testimony to show it in the best possible light.
02/07/2022
Only Goldman Banker Standing Trial for 1MDB Finally Headed to Court
Malaysia did not allow the film to be shown in the country, deeming it too risqué.
02/04/2022
South African court could not reopen arbitrated claim once time barred
The dispute arose in connection with a company placed under business rescue proceedings
02/03/2022
Australian billionaire launches criminal case against Facebook
Dr Forrest said he had also written an open letter to Facebook boss Mark Zuckerberg in November 2019, urging him to take more action.
02/02/2022
UK Supreme Court building management ruling ‘common sense’ decision
Lord Briggs said it was “both absurd and unworkable” for an RTM company from one block of flats to manage the facilities it shared with other blocks.
02/01/2022
Digital Assets Not A Replacement For Payments Into Court
The catalyst for Tulip's claims came in February 2020
01/31/2022
Court of Appeal upholds Hogan Lovells victory in one of the largest ongoing disputes in the English courts
With more than USD 800 million in dispute and a long list of defendants, the case has been prominently featured as one of the The Lawyer’s Top 20 Cases.
01/30/2022
Tenke and the English High Court’s return to third party funding costs
Norscot had obtained third party funding (“TPF”) and, in light of its success, owed the funder a success fee of three times the funding provided.
01/27/2022
Cayman court clarifies principles applicable to stay of execution pending appeal
In this case, the defendant argued that there was a risk of dissipation of the funds by the plaintiff if it was paid before the appeal was heard and that they would be unable to recover this if the appeal was successful.
01/26/2022
Former UBS investment adviser charged with stealing $5.8m from client
The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, charges Nino with violations of the antifraud provisions of the federal securities laws
01/26/2022
ClientEarth sues UK government over net zero strategy
Despite the targets, the government’s own baseline projections suggest the UK’s emissions in 2037 will be more than double the legally-required levels in the Climate Change Act.
01/21/2022
'Malicious': War of Words Breaks Out Between Big Law and Offshore Firms In $100M Kuwait-Cayman Case
The saga involves a handful of law firms, a Cayman Islands-based fund, the Kuwaiti government, questions of political intrigue, and many millions of dollars.
01/19/2022
Tongaat to pursue Deloitte after massive financial scandal
At a general meeting on Tuesday, Tongaat Hulett chair Louis van Zeuner said that the company was also planning action against Deloitte.