Countess sues art dealer after £1m family painting was resold for millions more
Countess of Wemyss and March, and trustees, allege they are entitled to money they lost out from masterpiece’s original sale
Source: telegraph.co.uk
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Dechert condemns former partner Gerrard after ENRC judgment
Dechert has condemned former partner Neil Gerrard after the High Court ruled that he and the firm itself breached their duty of care to client ENRC.
Source: legalbusiness.co.uk
Investors Pin Market Fraud On G4S 'Shadow Directors'
Former senior executives at a G4S subsidiary were in fact "shadow directors" of the private security contractor's parent company who may have known the market was being misled to prop up its stock, investors told a judge on Thursday.
Source: law360.com
Ex-partner accused of lying to court over SFO link
The former head of white-collar crime at international firm Dechert has been accused of lying to the High Court to cover up his relationship with the Serious Fraud Office in the latest development in the ENRC civil claim. In court last week Neil Gerrard denied allegations that he was ‘knowingly untruthful’ under oath when quizzed about SFO plans to interview the former head of compliance at Kazakh mining company Eurasian Natural Resources Corporation (ENRC). Gerrard was retained by ENRC in 2010 to conduct an internal investigation into allegations of wrongdoing at a subsidiary. ENRC is no...
Source: lawgazette.co.uk
'Conspiracy theories': Dechert rebuts negligence claim | News
Mining company's allegations are a story made up by ‘ingenious lawyers’, QC tells commercial court.
Source: lawgazette.co.uk