Financial Crime Financial Crime

ENRC secures punitive costs order against law firm Dechert over UK litigation

By Phoebe Seers
  • 04 Aug 2022 11:13
  • 04 Aug 2022 11:13
London law firm Dechert must cover tens of millions of pounds in legal costs incurred by former client Eurasian Natural Resources Corporation, a UK court has ruled, due to poor conduct by the firm and its former head of white-collar crime in ENRC's recent lawsuit against it.

Dechert and Neil Gerrard's behavior in the

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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