Edward Machin at CDR Commercial Dispute Resolution has written a piece, quoting yours truly on the German view point, on PRIME’s ambition “to turn bankers’ heads to arbitration” – an interesting survey on PRIME Finance, or the Panel of Recognised International Market Experts on Finance by its full name, that was set up last year in The Hague. Continue reading
The April 2013 edition of International Litigation News, the newsletter of the IBA’s Litigation Committee, has just come out yesterday (ahead of the Committe’s Annual Litigation Forum in Istanbul next week. If you are attending, let me know, it would be great to meet in person.) International Litigation News features contributions from five jurisdictions on litigation against credit rating agencies, namely in Australia, Italy, the United States, England and Germany. Continue reading
According to press reports, some sixty retail investors are suing Barclays in Frankfurt over certificates issued by Barclays that related to Helmut Kiener’s Ponzi scheme. Similar actions are being brought in Munich. If I am not mistaken, then this is the first large-scale litigation where the German plaintiff bar tries to establish a model procedure under the extended scope of the revised Capital Market Investors’ Model Proceedings Act (KapMuG) that came into force in November 2012 – or perhaps even the first one overall. Continue reading
C5’s Forum on Global Financial Institutions Litigation is held at a time of a sharp increase in the number of claims against financial institutions, tighter regulation and more regulatory investigations against financial institutions (see the recent post on Germany’s growth rates). Check out the programme – I will be speaking on litigation funding. The conference is held on Wednesday, November 28 and Thursday, November 29, 2012 at the Crowne Plaza Hotel, London. If any of you, dear readers, are attending as well, let me know – it would be great to meet in person!