Kate’s Casebook: six cases to watch this year
Oligarchs, banking battles and commercial fights – it’s all going on in the courts next year says Kate Beioley
Last year was dominated by some major credit crunch litigation, with cases concerning compensation to Northern Rock shareholders taking centre stage.
This year, banking battles are still big business for London’s litigators, for example the Royal Bank of Scotland investors’ claim against a 2008 £12bn rights issue coming to a head.
Elsewhere the conspiracy allegations surrounding former Bahraini bank executive Majed Al Refai continue to swirl, with Addleshaw Goddard partner Mark Hastings taking on the case. It is the latest high-profile dispute for the partner, who represented the late Boris Berezovksy in his mammoth battle with Chelsea FC owner Roman Abramovich.
Meanwhile, the private healthcare kickback against the new regulator, the Competition and Markets Authority is keeping Monckton Chambers’ barristers occupied and will prove a major fight in 2015.
Here are some of the key cases to keep an eye on…
Barclays Bank Plc v Lester Charles Landgraf, Londell McMillan and Elias Farrah
The 2012 collapse of law firm Dewey & LeBoeuf was one of the most dramatic to hit the profession and this case concerning partner debts has been watched closely by the profession.
Barclays has been pursuing more than 100 of the firm’s former partners for repayment of loans it granted them before Dewey’s collapse. It has issued proceedings against 50 of those partners, including Lester Charles Landgraf and Londel McMillan.
Now three former Dewey & LeBoeuf partners have joined together against Barclays in an attempt to prove that the bank and defunct firm induced them to take on individual debts to keep Dewey afloat.
The Legal Line-Up
For the claimant, Barclays Bank Plc
Fountain Court’s Guy Philipps QC and Adam Zellick instructed by TLT partner Richard Clayton
For the defendants Lester Charles Landgraf and Londell McMillan
4 Stone Buildings’ John Brisby QC and Alexander Cook instructed by Candey partner Andrew Dunn
For the defendant Elias Farrah
4 New Square’s Daniel Saoul, instructed by Signature Litigation partner Graham Huntley
Read the full article here.
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