On 15 July, the Competition and Markets Authority (CMA) found that certain pharmaceutical companies had engaged in conduct, which saw a 10,000% increase in the price of hydrocortisone tablets. Then, on 29 July, the CMA issued an infringement decision in respect of liothyronine tablets, the cost of which went up by 6,000%. These are not […]
Meng Wanzhou’s extradition hearing in Vancouver has finally come to an end, following more than two years of proceedings which have triggered geopolitical tensions between the U.S, China and Canada. In the next few months, Associate Chief Justice of the British Columbia Supreme Court Heather Holmes will decide whether Meng should be handed over to […]
Geopolitical instability and regional realignments have always by definition had a profound impact on the shape and intensity of business and personal risk. The last two years are certainly no exception. In this report, Peters & Peters has invited prominent observers of the international political and economic landscape to share their thoughts on new and […]
The Australian government has recently committed to introducing a reform of the Australian sanctions regime by the end of 2021. This follows a parliamentary inquiry that recommended Australia put in place a ‘Magnitsky’ sanctions regime to target foreigners engaged in corruption or gross human rights abuse, in line with the US, UK and Canada. On […]
R (on the application of T M Eye Ltd) v Southampton Crown Court concerned the payment of prosecution costs out of central funds after a successful private prosecution. The court made helpful observations about the correct approach to applications made by private prosecutors for these costs. Applications will not be granted by the court ‘on […]
Fraud cases are on the rise, and it is an epidemic which shows no signs of subsiding. In the past year, Action Fraud, the national fraud reporting centre, received more than 875,000 reports of which fewer than one per cent had a judicial outcome. Fraud accounted for 40 per cent of all crimes in 2021 […]
Despite international tensions, London continues to be a popular hub for cross-border disputes. Between April 2020 and March 2021, 50 percent of litigants in London’s Commercial Court1 were from outside the UK.2 Commercial parties wishing to resolve their differences in London can do so by inserting a clause in their contractual documentation nominating the Courts […]
It is great to see really positive feedback from our clients in this year’s Chambers & Partners directory which has just launched today, and we thought we would share some of the fantastic comments with you. Our Crime: Extradition team was praised: One source praised our ability to handle cross-border investigative matters, saying: “they know […]
‘National disclosure week’ suffered a bad few days as two trials collapsed in a long-running series of high-profile disclosure failures. The first trial to collapse was a £34 million money-laundering trial, which the judge called “systemic and catastrophic” failings by the Crown Prosecution Services (CPS). Following that, a £3 million diamond fraud trial also collapsed. […]
The extradition case of Meng Wanzhou, CFO of Chinese telecoms giant Huawei, concluded earlier this year with a deal which was more about international politics than criminal justice. In the UK, former Autonomy boss Mike Lynch is rallying politicians to his side to resist being sent to the US on fraud charges, and in Sardinia […]
