?? Weekly News Review

Global Legal Group newsletter cherry-picks the best of GLG’s three news strands – Commercial Dispute Resolution (CDR), International Comparative Legal Guides (ICLG) and Global Legal Insights News (GLI) – from the past week, all produced by our team of in-house journalists.

This week's newsletter covers a controversial outcome on an arbitration award by the Delhi High Court, the call for the abolishment of the UK’s Serious Fraud Office by the Institute of Economic Affairs, and the introduction of the Criminal Code Amendment (Deepfake Sexual Material) Bill 2024 in Australia.

CDR | Profile: Meg Kinnear stands up for ISDS

Stepping down after 15 years of growing and modernising ICSID, Meg Kinnear has no doubts about the value of investor-state dispute settlement. “This is the last time we ought to be thinking about getting rid of it.”

Full article by Andrew Mizner available here.

CDR | You snooze, you lose, says Delhi High Court

A judgement by the Delhi High Court has sparked controversy for its outcome on an arbitration award. The case of Hala Kamel Zabal v Arya Trading Ltd & Or, decided on 14 August, centred on the complaint that an arbitration award given to Arya Trading was illegitimate and should be vitiated.

Full article by Natasha Doris available here.

CDR | HKA boosts engineer expert witness horde

Disputes advisory and expert testimony provider?HKA has hired forensic electrical engineer Karen Rayment?and forensic structural engineer Carlos Turizo as directors as it fortifies its Florida and New York capabilities.

Full article by Dippy Singh available here.

ICLG | Abolish the SFO, says right-wing UK think tank

The London-based Institute of Economic Affairs is calling for the abolition of the UK’s Serious Fraud Office and for it to be replaced by a new body more focused on prevention.

Full article by Rob Harkavy available here.

ICLG | US oil trader comes clean over bribery offences

A trader working for the US arm of a Mexican oil-trading company has admitted to paying hundreds of thousands of dollars in bribes and could now face several decades behind bars.

Full article by Rob Harkavy available here.

ICLG | The chips are down for online gambling firm

A group of investors in the London Stock Exchange-listed online gambling giant Entain have launched a class-action lawsuit, seeking redress for the deleterious impact on the company's share price following a bribery investigation into its former Turkish operations.

Full article by Rob Harkavy available here.

GLI | Australia introduces legislation to combat deepfake sexual material

The Australian government has taken a giant stride in the global fight against non-consensual deepfake technology with the introduction of the Criminal Code Amendment (Deepfake Sexual Material) Bill 2024.

Full article by Rob Harkavy available here.

GLI | Redrow shares suspended pending full Barratt merger

The merger between UK housebuilders Barratt and Redrow looks set to go ahead with just a few administrative hurdles remaining before final approval.

Full article by Rob Harkavy available here.

GLI | US lagging behind rivals in financial secrecy stakes

The United States has now overtaken Switzerland as the premier “international banking centre of choice for corrupt transactions” according to a report from the University of Sussex in England.

Full article by Rob Harkavy available here.