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Miner ENRC, UK fraud watchdog, law firm Dechert resolve lawsuit over criminal probe

Source: reuters.com

Legal & LitigationRegulation & Legislation
Miner ENRC, UK fraud watchdog, law firm Dechert resolve lawsuit over criminal probe

Britain’s Serious Fraud Office (SFO) has settled ENRC’s lawsuit alleging the agency and law firm Dechert caused it “huge losses” during a high-profile criminal probe. The announcement is limited in detail, but it resolves the dispute without new earnings or policy implications. Near-term market impact is likely confined to affected parties rather than broader sectors.

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