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ENRC secures punitive costs order against law firm Dechert over UK litigation

By Phoebe Seers ( August 4, 2022, 10:13 GMT | Insight) -- London law firm Dechert must cover tens of millions of pounds in legal costs incurred by former client Eurasian Natural Resources Corporation, a UK court has ruled, due to poor conduct by the firm and its former head of white-collar crime in ENRC's recent lawsuit against it. The High Court found that the mining giant was justified in recovering a higher proportion of its costs against the pair than typical.London law firm Dechert must cover tens of millions of pounds in legal costs incurred by former client Eurasian Natural Resources Corporation, a UK court has ruled, due to poor conduct by the firm and its former head of white-collar crime in ENRC's recent lawsuit against it....

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