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Home>Michael Burnett

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So far Michael Burnett has created 48 blog entries.

Class Action Comes To UK With Major Forex Rigging Suit

Law360, London (November 5, 2019, 3:28 PM GMT) -- A consumer antitrust suit brought by investors seeking at least £1 billion ($1.3 billion) from five banking giants, including JPMorgan and Barclays, over allegations of foreign exchange rigging is set to be heard at a London tribunal on Wednesday in a test case for US-style class [...]

2019-11-05T12:28:21-05:00November 5th, 2019|Press|0 Comments

Gulf Utility Providers File Damages Suits Against Prysmian, Others Over Power-cable Cartel

In Brief : ​State utility companies in Bahrain, Saudi Arabia, Kuwait and Oman have filed damages claims against power-cable producers over their involvement in a multiyear global cartel, MLex has learned. The antitrust suits, filed in the Netherlands, list 15 target companies, including Prysmian and ABB, and the claimants seek losses from cable prices paid through [...]

2019-10-24T08:16:22-04:00October 24th, 2019|Press|0 Comments

The currency-trading scandal continues to dog the banks

The CAT and the (alleged) fiddle  Banks are in the frame for Britain’s latest collective-action claim THE LAUGHING stopped long ago. Between 2007 and 2013, in online chatrooms called “Three Way Banana Split”, “Essex Express ’n the Jimmy” and other rib-ticklers, currency traders yapped about all sorts of things—including market tactics. The banter has cost [...]

2019-08-02T16:17:17-04:00August 2nd, 2019|Press|0 Comments

Barclays, JPMorgan Face UK Forex-Rigging Class Action

By Joanne Faulkner Law360, London (July 29, 2019, 11:06 AM BST) -- Barclays and JPMorgan Chase are among five banks being sued in a U.K. antitrust court by investors over allegations that they manipulated the global foreign exchange market in a U.S-style class action seeking more than £1 billion ($1.2 billion). JPMorgan is one of [...]

2019-08-21T12:32:33-04:00July 29th, 2019|Press|0 Comments

Scott+Scott hire three for new Amsterdam office

GCR - Global Competition Review Matt Richards 26 June 2019 American  firm  Scott+Scott  has  hired  Damien  F  Berkhout  to  lead  its  Amsterdam  office  as  well  as  adding  a  counsel and  a  senior  associate  to  the  team. Berkhout  joins  the  firm  as  a  partner  from  international  corporate  law  firm  Buren,  while  Stefan  Tuinenga  has  taken up  [...]

2019-06-26T15:13:43-04:00June 26th, 2019|Press|0 Comments