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Home>Michael Burnett

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So far Michael Burnett has created 60 blog entries.

European Court of Justice Extends Shareholder’s Liability in Cartel Cases

Under European competition law a parent company can be held liable for a cartel infringement by its subsidiaries, irrespective of its own involvement or even knowledge of the cartel. The European Court of Justice (“ECJ”) confirms in its judgment in Goldman Sachs v Commission that The Goldman Sachs Group, Inc. (“Goldman Sachs”) is on this [...]

2021-02-23T11:50:14-05:00February 23rd, 2021|0 Comments

Perspective: Litigation – state of pay?

IPE (Investment & Pensions Europe) By Gail Moss January 2021 (Magazine) Changes in legislation like the UK’s Consumer Rights Act 2015 have led to an increase of class actions led by pension funds as they seek to recover investment losses. As the roll call of household names which have been hit by class action claims [...]

2021-01-29T14:54:50-05:00January 29th, 2021|0 Comments

Scott+Scott hires Deutsche Bahn counsel to lead new office

Global Competition Review Emily Craig 06 November 2020 Markus Hutschneider has joined Scott+Scott to head its new competition litigation-focused Berlin office after 10 years at Deutsche Bahn. Hutschneider, 47, said he is “excited and proud" to build the firm’s new German office, which opened on Monday. The firm represents some of the world’s largest corporate [...]

2020-11-07T11:52:13-05:00November 7th, 2020|0 Comments

Scott + Scott Launches Berlin Office With Antitrust Pro

By Joanne Faulkner Law360, London (November 5, 2020, 9:47 PM GMT) -- U.S. plaintiffs firm Scott + Scott Attorneys at Law LLP announced Thursday it is launching a Berlin office led by an antitrust expert from Deutsche Bahn in an effort to cater to large multinationals seeking damages for breaches of competition law. Markus Hutschneider, [...]

2020-11-06T12:49:07-05:00November 6th, 2020|0 Comments

Teamsters Fund Sues AllianzGI For Hedge Fund Losses

Pensions&Investments By James Comtois September 04, 2020 Participants in the Teamster Members Retirement Plan filed suit against Allianz Global Investors and its subsidiaries saying investors in a hedge fund it managed lost nearly $1 billion. Teamster Members Retirement Plan (formerly known as GCIU Inter-Local Pension Plan) was an investor in AllianzGI's Structured Alpha U.S. Equity [...]

2020-09-11T16:44:34-04:00September 4th, 2020|0 Comments

Allianz Investment Arm Sued Over $1B Loss From Virus Crash

Law360 By Dean Seal (September 3, 2020, 5:06 PM EDT) -- Investors in a hedge fund that lost nearly $1 billion during the coronavirus-induced market crash earlier this year say "extreme risk taking" by fund manager Allianz Global Investors caused the fund to collapse in a proposed class action in New York federal court. A [...]

2020-09-11T18:49:14-04:00September 3rd, 2020|0 Comments

SHIPWRECK Millions of UK drivers could receive compensation after shipping company scam saw new car prices rise

THE SUN, MILLIONS of Brits have been ripped off by a shipping company scam which inflated the price of new cars. Drivers who bought or leased a new motor between October 2006 and September 2015 could receive a payout, after five shipping companies fixed their charges for bringing models into the UK. The firms - [...]

2020-03-02T12:34:06-05:00March 2nd, 2020|0 Comments

Class action could mean refund of £60 per new car

DEALERSHIPS could be in line for a refund of up to £60 per new car that they bought, thanks to a class action against five major shipping companies. Car Dealer Magazine, It follows a multi-million-euro fine by the European Commission after MOL, ‘K’ Line, NYK, WWL/EUKOR and CSAV were found to have violated EU competition [...]

2020-03-02T12:28:24-05:00March 2nd, 2020|0 Comments

Car Shipping Cartel Faces £150M Class Action

Law360, London (March 2, 2020, 2:51 PM GMT) -- Five shipping companies fined for running a cartel for transporting cars to the U.K. have become the target of a £150 million ($189 million) million U.S.-style class action in London led by law firm Scott+Scott UK LLP. The claim has been filed at the U.K. Competition [...]

2020-03-02T12:20:57-05:00March 2nd, 2020|0 Comments
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