Consider Mediation, London Judge Tells Kazakh Miner ENRC, Dechert and Fraud Office

A London judge has told Kazakh mining company ENRC, its former legal adviser Dechert and the UK Serious Fraud Office (SFO) to consider mediation to end bitter litigation over events that led to a near 10-year criminal investigation, Reuters reported. Despite ruling in May that former veteran Dechert partner Neil Gerrard had grossly betrayed his own client and former senior SFO officers had behaved with bad faith, High Court Judge David Waksman suggested all sides call a truce. "Notwithstanding what's happened in the past and the serious allegations ... I can certainly see the sense in which somebody looking at all of this may say there needs now to be closure," he told a two-day hearing to discuss legal costs. "Enough is enough. I do think the parties at the very least need to turn their mind to the question of ... a possible mediation." The SFO and Dechert declined to comment. Representatives for ENRC and Gerrard, who represented ENRC between 2010 and 2013, did not immediately reply to requests for comment. Eurasian Natural Resources Corporation (ENRC) alleged Gerrard leaked confidential information to the SFO, so he could expand an internal investigation and milk the company for hefty fees, and that the SFO encouraged him in order to try and claim a high-profile corporate scalp. Read more.