03/06/2022
Former Redcentric CFO sentenced to five and a half years imprisonment
When the true position was revealed, shareholders suffered immediate losses in the value of their shares.
Court Cases
03/04/2022
A Bit too insecure
Tulip, a Seychelles incorporated company, whose ultimate beneficial owner claims to have created Bitcoin under the pseudonym “Satoshi Nakamoto”, was ordered to pay security for costs.
03/04/2022
JCT insolvency ruling: time limit on termination not condition precedent
The court noted that there was no previous authority for this ’creditor vs creditor’ challenge.
03/03/2022
High Court: UK director ‘had knowledge’ of company’s VAT fraud
The company also purchased goods from UK entities subject to VAT and then exported them onwards to EU customers VAT free.
02/28/2022
Mayer Brown secures favorable jury verdict for AIG
The jury also found that Conduent breached its duties under the policy to cooperate and to seek written consent in connection with the settlement.
02/25/2022
South African court confirms arbitrator can rule on own jurisdiction
The SCA’s judgment provides effective and straight-forward guidance on this issue.
02/24/2022
UK Supreme Court: Suspects Under Investigation Have Reasonable Expectation of Privacy
The decision exposes media outlets in the UK to liability if they identify suspects prior to charge, but carries lesser implications elsewhere.
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
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