Dechert Statement in Response to Eurasian Natural Resources Corporation vs Dechert LLP vs Serious Fraud Office Judgment


The High Court today, 16th May 2022, handed down judgment in the proceedings brought against Dechert by former client Eurasian Natural Resources Corporation. The Firm has issued the following statement:

“We recognise fully the seriousness of the judge’s findings in relation to Mr. Gerrard’s conduct. We are considering the judgment to see what we should learn from it. Trust among partners is integral to any partnership, and throughout this litigation, Dechert has always acted in good faith in reliance on the assurances given to us by our former partner. The court has now found Mr. Gerrard to have committed conduct which is completely at odds, not only with our values, ethos, and culture as a firm, but also with the high ethical and professional standards adhered to on a daily basis by our lawyers the world over.”

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