Financial Crime Financial Crime

Hogan Lovells to face $500 million UK misconduct claim over PrivatBank shareholder fraud

By Phoebe Seers
  • 25 Oct 2021 08:08
  • 25 Oct 2021 08:08
Law firm Hogan Lovells has lost an attempt to throw out a $500 million claim brought against it by a former client for failing to secure a freeze order against two former PrivatBank shareholders who, the bank alleges, swindled $2 billion from it.

On Friday, the London High Court said that

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