Peters & Peters acts for the Republic of Mozambique in US$2 billion Commercial Court proceedings against Credit Suisse, Abu Dhabi-based shipbuilder Privinvest, its CEO Iskandar Safa and certain former Credit Suisse employees, arising from what the Republic alleges is a massive fraud known as the “hidden debts” scandal. The Republic is also a […]
Peters & Peters are very proud to learn that the City of London Law Society has presented our former Senior Partner, Monty Raphael QC (hons), with a lifetime achievement award at last night’s British Legal Awards 2020. This recognises Monty’s vision in creating a white collar crime specialism in the firm and then more widely […]
The High Court decision in PJSC Tatneft v Bogolyubov & Ors confirms that communications with foreign lawyers (in particular in-house legal teams) are subject to legal advice professional privilege, provided that the individuals in question are conducting themselves in the capacity or function of a lawyer. But it also held that foreign lawyers need not […]
Our client, the UK’s Secretary of State for Health and Social Care, roundly defeated pharmaceutical company Servier Laboratories in the Supreme Court. The company had tried unsuccessfully to rely on a previous EU court ruling to prevent court proceedings going forward in London, centred on the Secretary of State’s allegations that Servier blocked generic competition […]
Secretary of State for Health & Social Care and the NHS Business Services Authority v Servier Laboratories Ltd and Others On 6 November 2020 the Supreme Court confirmed that context is everything when applying findings of the European Courts in separate proceedings. The Secretary of State for Health & Social Care and the NHS Business […]
Rachel Cook, a Tax investigations expert at P&P, will be presenting on corporate criminal offence ‘Investigations for failing to prevent the facilitation of tax evasion’ at the half-day Tax Investigations online conference on Tuesday 24 November 2020. This half-day conference will cover a key range of important and topical Tax Investigation issues which will be […]
Peter FitzGerald, Of Counsel, and Amalia Neenan, Legal Researcher, discuss the increasingly problematic process of removing Interpol Red Notices. Unfortunately, these powers can often be abused and manipulated for geopolitical gain, resulting in the inappropriate issuance of Red Notices against unsuspecting individuals. It is therefore vital that practitioners be aware of both the theoretical safeguards […]
Our client was a divisional director of a listed company that was in the process of acquiring another. It was alleged that as an insider to the transaction he provided price sensitive information to a colleague who then traded on that information. The Financial Conduct Authority is taking no further action against our client.
Our client’s company had its Deferred Prosecution Agreement with the Serious Fraud Office approved on 30 October 2020. The SFO is taking no further action against our client.
On 20 October 2020, District Judge Rimmer handed down a judgment dismissing the NCA’s application to forfeit £3.2million held in the bank account of our client, the former CEO of a multi-national corporation in the offshore oil and energy sector. In November 2017, our client entered a plea agreement in the United States, pursuant […]
