Topic: Fraud and forgery

Atlanta-headquartered Secretariat has withdrawn a US litigation against rival expert witness firm HKA over a fake employee review on the website Glassdoor.

13 July 2021

A Dutch national who won a US$45 million investment treaty award against Vietnam is suing his arbitration counsel King & Spalding, accusing the firm of colluding with third-party funder Burford Capital to cheat him out of his due share of the proceeds.

15 June 2021

Dentons has become embroiled in litigation and arbitration with a fired partner who accuses the firm of committing forgery to cheat a Chinese enforcement client out of tens of millions of dollars – allegations it calls an “utter fabrication”.

11 June 2021

Three Russian bankers have failed to knock out conspiracy claims brought against them in a UK court over an alleged US$800 million fraud, as related allegations are weighed by an LCIA tribunal.

23 March 2021

General Electric has reached an agreement worth €261 million to settle an ICC claim brought by a Slovenian state-owned energy company over the construction of a lignite power plant that was plagued by corruption allegations.

16 March 2021

The Court of Appeal in London has held that a fraud suit relating to the €250 million sale of an Indian payments business to Germany’s Wirecard has sufficient connection to England to proceed, while reserving a decision on whether the claims belong in arbitration.

04 March 2021

A UK judge has refused to compel Clyde & Co to make payments to an arbitration client from escrow funds that US authorities have linked to the 1MDB embezzlement scandal in Malaysia.

01 March 2021

A UK judge has dismissed a Russian oil and gas producer’s US$300 million lawsuit against Igor Kolomoisky and three other Ukrainian businessmen who were accused of siphoning funds from an oil refining venture – events that gave rise to an investment treaty claim and a Swiss criminal complaint.

24 February 2021

Companies controlled by Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov say they are launching a second ICSID claim against the United States over the targeting of assets they are accused of acquiring through money laundering.

23 February 2021

The Singapore Court of Appeal has upheld an award on liability that led to a Manila gaming resort owner being ordered to pay US$296 million to a Las Vegas casino operator – rejecting allegations that the successful party and its counsel fraudulently misled the tribunal.

19 February 2021