Posted on 07 January 2015 by
The recent removal of Sheikh Yassin Abdullah Kadi from US sanctions last month following a 13-year legal battle brings to the fore the significant financial and reputational risks and challenges faced by high net worth individuals under threat of targeted sanctions.
Posted on 18 December 2014 by Carter-Ruck
Dispute Resolution analysis: The High Court, sitting without a jury, recently ruled against former Conservative chief whip Andrew Mitchell in his libel claim against News Group Newspapers for publishing a story alleging that he had called PC Rowland a ‘pleb’. Nigel Tait, a partner at Carter-Ruck, along with associate Isabella Piasecka, considers the decision and the wider issues of judges acting as jurors.
Posted on 12 December 2014 by Carter-Ruck
The ITV drama about Christopher Jefferies – the man wrongly accused of the murder of Joanna Yeates and vilified by the UK press – was moving and thought-provoking in equal measure.http://www.theguardian.com/tv-and-radio/2014/dec/07/-sp-peter-morgan-christopher-jefferies-tv-drama-joanna-yeates
Posted on 27 November 2014 by
The General Court of the EU has annulled the listings of three Syrian businessmen, and one company, from sanctions the EU imposed against them under its Syrian sanctions regime. In doing so the Court relied on the European Court of Justice (ECJ) July 2013 decision in what has become known as Kadi II , the decision whereby the ECJ upheld the successful challenge by Carter-Ruck client Sheikh Yassin Kadi to EU sanctions that were imposed on him. Kadi II has become a leading authority in the field of challenges to targeted sanctions.
Posted on 27 November 2014 by
This article by Adam Tudor was first published in The Times on 27 November 2014.
Posted on 26 November 2014 by Carter-Ruck
Longstanding Carter-Ruck client Interpal is the subject of an article in the Telegraph by Peter Oborne and Alex Delmar-Morgan.
Posted on 23 October 2014 by Carter-Ruck
The term describes borrowing and lending that goes on outside the regulated banking centre. The man who coined it is American economist Paul McCulley. In a 2007 speech at the annual financial symposium hosted by the Kansas City Federal Reserve Bank in Jackson Hole, Wyoming, McCulley explained the operation of banks that look like banks, and do what banks do, but aren’t, well, really banks. They are, as this helpful summary reveals, entities that are “in the shadows” and they include investment banks, money market mutual funds, hedge funds and mortgage lenders.
Posted on 09 October 2014 by Carter-Ruck
The news of the first guilty plea by a banker for fraud offences relating to the rigging of the Libor lending rate is good news for the beleaguered Serious Fraud Office. At last, having been criticised for mismanagement in a number of high-profile cases, it has something to shout about. The SFO’s investigation into the manipulation of Libor continues; there might even be more smiles among its staff in due course.
Posted on 29 September 2014 by Carter-Ruck
It has recently been reported that Trinity Mirror, publisher of the Daily Mirror and Sunday Mirror, has admitted liability in respect of claims brought by four individuals who sued over allegations of voicemail interception. This comes with the news that Trinity Mirror has also settled six other related claims. The alleged victims include Shane Ritchie and actress Lucy Benjamin along with Sven-Goran Eriksson and actor Christopher Eccleston.