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In this article, Malcolm Gunnyeon examines the impact of the Serious Fraud Office v Eurasian Natural Resources Corporation decision. The main points arising from this article are as follows:
The recent decision of the High Court in Serious Fraud Office v Eurasian Natural Resources Corporation has significantly restricted the protection offered by legal privilege.This affects insolvency practitioners because it greatly increases the chances of third parties accessing working papers in relation to claims pursued in the context of an insolvency.Anything prepared before legal proceedings are raised is now at risk of disclosure.
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