Beatrice Lo

Jul 9, 2024 | jdsupra.com | Richard Butterwick |Catherine Campbell |Beatrice Lo

Enhanced SFO powers and promises of swifter action on economic crime underscore the importance of anti-fraud measures for corporates and M&A dealmakers. The UK government is cracking down on corporates turning a blind eye to fraud and other economic crime. Under new legislation set to take effect later this year, an organisation will be automatically liable for fraud committed by its employees and agents, as is already the case for bribery and the criminal facilitation of tax evasion.

May 29, 2024 | lexology.com | Richard Butterwick |Beatrice Lo |Oliver Middleton |Anna Ngo |Elliot Brownlee |Robin Spedding | +1 more

While class actions are well established in the US, they are increasingly common in the UK, driven by market volatility, availability of litigation funding, legal reforms, regulatory settlements, and growing scrutiny of companies by consumers, investors, and activists. The versatility of available procedures in England make it an attractive jurisdiction for litigation and we foresee more, and larger claims, whether instead of or in parallel to US proceedings.