The English High Court has confirmed that UK courts do not consider sanctions a bar to enforcing arbitration clauses referring disputes to the London Court of International Arbitration (LCIA). The court’s 10 May ruling...more
The High Court recently dismissed a claim by Ickenham Travel Group Limited (ITG) against its former auditor, Tiffin Green Limited.
The decision sheds light on how English courts are likely to approach audit negligence...more
Last month, the UK introduced new sanctions against Russia by way of the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 SI 2023 No. 440 (the “2023 Amendment”), which amends the Russia (Sanctions) (EU Exit)...more
The UK Government has introduced further restrictions on trade with Russia to build on those already in place. The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 (“No.14 Amendment”) came into force on 21...more
Consistent with past policy announcements, the UK Government has now brought forward new legislation which will further restrict the ability of UK citizens and companies to deal with Russian companies and individuals. A key...more
The Serious Fraud Office (“SFO”) has recently updated its Operational Handbook to include a chapter on DPAs (the "Updated Handbook"). For companies under investigation, the question of whether or not to cooperate with the...more
On 8 April 2020, the High Court dismissed three unexplained wealth orders ("UWOs") and related interim freezing orders made under the Proceeds of Crime Act 2002 (National Crime Agency v Baker & Ors [2020] EWHC 822 (Admin)). ...more