Dechert has strongly condemned retired white-collar partner Neil Gerrard after the High Court today (16 May) ruled that he and the firm itself breached their duty of care to mining giant and client ENRC.
The £70m claim brought in 2019 was heard by the High Court in an 11-week trial between May and September 2021. It centered around allegations that Dechert – which represented ENRC between 2011 and 2013 – colluded with the Serious Fraud Office (SFO) during an investigation into the company. Gerrard led on the matter for Dechert, with ENRC specifically alleging he passed on confidential information to the fraud watchdog and the press.
