DECHERT’S COURTROOM DRAMA -  Among the longest running and most expensive law firm litigations ever seen, the ENRC v. Dechert U.K. courtroom saga has been a whirlwind case that could cause lasting damage to one of the world’s most reputable and profitable law firms, International’s Krishan Nair reports. On Monday, London’s High Court handed down a judgment, finding that Dechert and its former white collar head, Neil Gerrard, had committed deliberate and unlawful acts in a bid to extract maximum profit from their client, London-headquartered mining company ENRC. Over its more than 10-year timeline, the case has produced the kind of intrigue you would sooner find in an espionage thriller: secret meetings, burner phones, a brown envelope, millions of dollars, false advice, conspiring public officials, claims of amnesia, and, of course, a victim. But for Dechert, the consequences are anything but a fiction. It faces potential liabilities that could become substantially more than the tens of millions of pounds already racked up, and a reputational hit that could hurt its standing as a globally trusted adviser. With causation and loss still up in the air, the saga is far from over.


“The only thing consistent about him is the sense that he’s always going to surprise you. He’s a rather unusual person, but that’s part of what makes him so intriguing.”

 Charles Elson, attorney and retired University of Delaware professor, on Elon Musk and  his history of giving the lawyers he works with heartburn.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]