We represent members of the Privinvest Group in connection with a US$2bn claim brought against Credit Suisse by the Republic of Mozambique. The claim relates to supply agreements and supporting financial instruments and guarantees entered into by state-owned enterprises dedicated to the development of Mozambique’s offshore Exclusive Economic Zone and supporting international investment into its oil and gas reserves. The claim engages allegations of bribery of Mozambican government officials.
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Partner Paul Brehony and Senior Associate Kate Gee examine the ruling in Fiona Lorraine Philipp v Barclays Bank UK PLC and discuss how it is a deceptively important case that checks the recent development of the #Quincecareduty, in @Law360 bit.ly/3qYnbMr pic.twitter.com/PubHz8oou9
