Professional Negligence

Experience

Recent work includes acting for:

Dubai Aluminium Company in proceedings against the company’s former auditors and solicitors for around $344m, plus interest;
a US investment bank in defending an allegation of professional negligence in connection with the purchase of a business by a US corporation from one of the bank’s clients;
a major US bank in a claim against a London City firm of solicitors over a receivables purchasing transaction;
an Asian telecoms company on a negligence claim against a Hong Kong law firm;
a Chinese corporate on a professional negligence claim against a Hong Kong firm of solicitors arising out of negligent advice on security documentation;
the administrators of Polly Peck in a £200m claim against the company’s former auditors, Stoy Hayward; and
Bank Austria in its £150m claim against Price Waterhouse arising from Bank Austria’s acquisition of a majority stake in Sovereign Leasing.

Elie Kleiman appointed Managing Partner for the Freshfields Paris office View

Freshfields scores major win in Energy Charter Treaty arbitration View

Insurance brokers entitled to receive commission payments View

Government and utility buying – a new approach View

Regulatory team of the year - JUVE Awards (2009)

Dispute resolution law firm of the year - JUVE Awards (2008)