Reform Plans for Commercial Litigation Working group, set up by conference under chair of Mr Justice David Steel, will consider reform of large commercial cases, failure of BCCI and Equitable cases, case management, timetables, electronic disclosure, witness statements 02.11.06 Legal Week, Litigation
Plan to Tackle Cost of 'Super-Cases' Senior judges and lawyers have met in London to discuss reform of management of 'super-cases', concern at time and money spent on hopeless BCCI malfeasance case 31.10.06 Times, Company Law, Costs
Conference on Cutting Trial Times Leading judges, including chief justice Lord Phillips, plan to meet City business leaders to discuss means to curb commercial court cases, limits to speeches, curtailing rights of appeal, comes in wake of criticism of BCCI case, 'fishing expedition' that went to Lords 12.09.06 Times, Capital Markets, Courts, Financial Services, Fraud
Bank Governor Says Law Is 'Profitable Monopoly' Bank of England governor Mervyn King tells Mansion House audience the law does not guarantee quick and just resolution, lawyers see it as means to their own fortune, cites BCCI case, built 'on air' but cost £100m 22.06.06 Telegraph, Solicitor Practice
Bank Governor Says Law Is 'Profitable Monopoly' Bank of England governor Mervyn King tells Mansion House audience the law does not guarantee quick and just resolution, lawyers see it as means to their own fortune, cites BCCI case, built 'on air' but cost £100m 22.06.06 Solicitor Practice
BCCI Liquidators Deloitte are getting ready to challenge Bank of England plan to limit defence witnesses, among excluded are those who disagreed with supervision policy 13.06.05 Guardian, Financial Services Links
Legal Privilege Lords have handed written judgement in Three Rivers case challenging legal privilege, advice to Bank of England in supervision of BCCI, separate case accusing Bank of malfeasance 12.11.04 Judgement, Law Society, Privilege
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BCCI Farce Justice Tomlinson excoriates Deloitte and counsel in judgment on BCCI insolvency, case was a 'farce', 'sustained rudeness' of Gordon Pollock QC was 'inappropriate and distracting' 13.04.06 Telegraph, Insolvency
BBCI Costs Bank of England expected to pursue £80m in costs from BCCI liquidators, follows collapse of misfeasance case, two longest opening speeches in English juridical history 30.01.06 Guardian, Banking Law
BCCI Suit Stumbles BCCI liquidators Deloitte have walked away from misfeasance suit against Bank of England, 'biggest climbdown in legal history', all 22 Bank execs 'completely exonerated' Guardian Bank to seek £70m indemnity costs 03.11.05 Times, Financial Services Links