Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being “woefully negligent” in the run-up to a 2015 dam failure that led to Brazil’s worst environmental disaster, a lawsuit alleges. The claim, which will …
Litigation funder IMF Bentham has teamed up with legal experts Quinn Emanuel and Njord Law Firm and plans to file a shareholder lawsuit against Danske Bank by July over a 200 billion euro ($230 billion) money laundering scandal. IMF’s European …
Mining giant BHP says it will fight an unprecedented English lawsuit filed by hundreds of thousands of Brazilians for multi-billion pound damages over Brazil’s worst environmental disaster. SPG Law, a British offshoot of a U.S. litigator, represents 240,000 individuals in …
Danske Bank’s 200 billion euro ($225 billion) money laundering scandal might be the “tip of the iceberg” and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said. Stephen Kohn, a partner at U.S. …
Lawyers for more than 50,000 British car owners kicked off a lawsuit against Volkswagen in London’s High Court on Tuesday in a battle for compensation over a diesel emissions scandal that has engulfed Europe’s largest carmaker since 2015. The three-day …
Around 220,000 car drivers in the Netherlands, England and Wales joined forces on Tuesday in what could become a pan-European lawsuit against German carmaker Volkswagen seeking compensation over its “dieselgate” emissions scandal. UK law firm Harcus Sinclair and Dutch Foundation …
Lawyers representing tens of thousands of Royal Bank of Scotland (RBS) shareholders have held tentative talks to settle a 1.2 billion pound ($1.5 billion) damages claim over the lender’s 2008 rights issue that was launched shortly before a state bailout, …
Royal Bank of Scotland will pay $612 million to U.S. and British authorities to settle allegations it manipulated benchmark interest rates, and regulators warned there is more to come in the global investigation. RBS became the third bank to pay …
While banks appear to be brushing off record fines for rigging interbank interest rates, investors are starting to worry about a rising tide of civil lawsuits from disgruntled customers. UBS shares touched 18 month highs after U.S., Swiss and British …
Michael Woodford, ousted as head of Japanese camera-to-endoscope maker Olympus after blowing the whistle on one of Japan’s biggest corporate frauds, on Tuesday won a likely multi-million dollar settlement of his claim for unfair dismissal. After a night of negotiations, …
