We act for one of several defendants in defending a £55m claim brought by a Cypriot entity in relation to proceedings where damages sought are in the region of US$ 55m.
The proceedings relate to the transfer of a property located in the South of France and one of the world's biggest energy companies. The property was the subject of an injunction now discharged. Parallel proceedings in France required close work with French Counsel and lawyers in Paris. Disclosure and witnesses were located in a number of jurisdictions in Europe and the USA.