Dechert has agreed to pay the Eurasian Natural Resources Corporation (ENRC) £225,000 after both sides reached an agreement regarding document disclosure on their long-running dispute last week.

A London Commercial Court hearing, which was meant to start on Thursday and end on Friday, did not take place as Dechert and its white-collar crime head Neil Gerrard agreed to search for and disclose documents the ENRC claims are relevant to its civil claim against the firm and Gerrard.