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UK Supreme Court Allows Nigerian Environmental Damage Claims to Proceed Against UK Parent Company

The UK Supreme Court issued its highly anticipated judgment in Okpabi and others v Royal Dutch Shell Plc and another [2021] UKSC 3 on 12 February 2021, following its findings in Vedanta Resources plc and another v Lungowe and...more

Budget Launches Task Force to Uncover Exploitation of the UK Government’s COVID-19 Financial Rescue Schemes

In today’s budget, UK Chancellor Rishi Sunak announced a £100 million Taskforce to scrutinise claims made under business support schemes designed to help companies and workers navigate their way through the economic impact of...more

With Fraud Against UK Businesses at Epidemic Levels, Businesses Need to Know How to Protect Themselves

Fraud has reached epidemic levels in the UK and should be seen as a national security issue, says think tank the Royal United Services Institute (RUSI) in a paper published last week. It is the crime to which UK citizens are...more

FCA Bans Three People From Working in Financial Services Industry, for Non-Financial Misconduct

On 5 November 2020, the Financial Conduct Authority (FCA), the UK’s financial services regulator, announced that it has permanently banned three men convicted of criminal offences from ever working in the financial services...more

2020 LCIA Arbitration Rules: Updates Focus on Modernisation and Efficiency

The London Court of International Arbitration (LCIA) released an update to its arbitration rules (the “Rules”), with the changes set to take effect from 1 October 2020 and the stated intention of making the arbitral process...more

UK Ruling a “Significant Step” Toward Certainty for COVID-19 Business Interruption Claims

On 15 September 2020, the High Court handed down judgment in The Financial Conduct Authority v Arch and Others, which determined issues of principle relating to business interruption claims arising from the COVID-19 outbreak....more

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