White & Case has been fined £250,000 in the largest-ever sanction imposed by the Solicitors Disciplinary Tribunal (SDT) against a firm, as it said today (19 July) that the firm had breached conduct rules by acting recklessly in failing to identify a conflict of interest and failure to protect confidential information regarding a $2bn Ukrainian commercial dispute.
The Solicitors Regulation Authority (SRA) referred the case to the SDT after the High Court found in 2014 that the firm had failed to identify a conflict of interest and barred it from acting on the case.
