London’s Court of Appeal will hear a request to revive a £5 billion lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil. Judge Nicholas Underhill has agreed to an oral hearing that could help to overturn a previous Court of Appeal decision which denied a 200,000-strong Brazilian claimant group permission to appeal against a judgment to strike out the landmark case. PGMBM is representing the Brazilian claimants. More from Reuters.
The dispute between Burford and Sysco is heating up, as Burford seeks a court order enforcing an arbitration decision barring the food distribution giant from settling price-fixing claims against major U.S. chicken, pork and beef producers, after Sysco sued Burford for allegedly meddling in Sysco‘s efforts to settle cases.
KPMG has reached a confidential settlement agreement with the liquidator of Carillion over a £1.3bn audit negligence claim backed by Litigation Capital Management, while Britain’s auditing watchdog, the Financial Reporting Council, has yet to announce the outcome of its investigation in KPMG‘s audits of Carillion.
In a letter addressed to US Attorney General Merrick Garland, a group of 14 Republican state attorneys general warned of what they called potential economic and national security threats posed by investments in US lawsuits by “foreign adversaries”, and asked the US Department of Justice to describe what the federal government has done to address concerns related to third-party litigation funding.
We’ll alert you to key situations and stories you should be aware of.
We deliver the important litigation finance news and analysis straight to your inbox each Monday morning.
The newsletter is always free.
