Peters & Peters acts for Zsolt Hernádi, Chairman and CEO of Hungarian oil and gas company MOL. Mr Hernádi has been pursued by the Croatian authorities for over a decade in connection with an allegation that he offered a bribe to the former Prime Minister of Croatia, Dr Ivo Sanader, to enable MOL to obtain […]
On 29 August 2024, following an investigation lasting over 15 months, the Office for Financial Sanctions Implementation (OFSI) imposed a monetary penalty of £15,000 against our client, Integral Concierge Services Limited, for contravention of regulations 11(1) and 13(1) of the Russia (Sanctions) (EU Exit) Regulations 2019 (the Russia Regulations). The case involved consideration of the […]
We have secured the deletion of INTERPOL diffusions against four Russian businessmen. We successfully persuaded INTERPOL’s CCF that the criminal cases against our clients were politically motivated and part of a long-running corporate raid. We explained that the criminal cases and corresponding arrest warrants were aimed at undermining efforts to recover the value of property […]
Peters & Peters notes with great satisfaction the judgment of the Honourable Mr Justice Robin Knowles CBE in the Republic of Mozambique litigation which was handed down on 29 July 2024. The judgment represents a major milestone in the five years of litigation, initiated by the Attorney General of Mozambique, to hold the Privinvest Group […]
Following detailed submissions from Peters & Peters, the Commission for the Control of INTERPOL’s Files (CCF) has quashed two Red Notices issued at the request of the United Arab Emirates against our client, an international businessman subject to “bounced cheque” (unfunded cheque) offences arising out of commercial loan agreements. Our submissions demonstrated that our client’s […]
Peters & Peters was recently instructed to act for the NHS in long-running litigation against the Danish pharmaceutical company Lundbeck and several others, and to seek to resist arguments by the pharmaceutical companies that the NHS’ claim had been brought out of time and should not be allowed to proceed. The claims arise from the […]
The Upper Tribunal issued an important case management judgment on 8 May 2024 in the case of FCA v Banque Havilland & Ors. Nick Vamos, James Tyler and Julia Steinhardt represent the second defendant in the case, Mr Edmund Rowland. Mr Rowland is alleged to have been involved in the creation and dissemination of a […]
The UK Supreme Court has granted permission to Eugene Shvidler to appeal against the Court of Appeal judgment upholding sanctions against him. Michael O’Kane acts for Mr Shvidler. This will be an important case on the UK courts’ approach to targeted sanctions challenges. The UK designated Mr Shvidler in March 2022 for being associated with […]
Peters & Peters has recently been instructed to act for the NHS in long-running litigation against the Danish pharmaceutical company Lundbeck and several others. The claims arise from the European Commission’s 2013 decision that Lundbeck and the other defendants infringed European competition law by entering into ‘pay for delay’ agreements under which generic producers and […]
Following the Russian invasion of Ukraine in February 2022, the UK government imposed sanctions on persons believed to benefit from or support the Russian government. Mr Makarov was designated by the UK in September 2022, allegedly because he was involved in supporting the government of Russia through carrying on business in the Russian energy sector. […]
