Law360, London (July 19, 2021, 6:22 p.m. BST) – Mozambique on Monday urged a London judge to split its sprawling litigation against Credit Suisse and an Abu Dhabi-based shipbuilder over a $ 2 billion corruption scandal to prevent the case sank into “litigation chaos”.
The Republic of Mozambique argued in a case management hearing before the High Court that allegations of corruption by Privinvest Shipbuilding SAL of government officials in the country should be heard in a “phase one” trial. alongside the company’s claim that the lawsuit belongs to arbitration.
The government of Mozambique is suing the shipbuilder and its billionaire owner Iskandar Safa over allegations that the contracts were a front for a bribe system and that …
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
Create personalized alerts for specific case articles and topics and more!