The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Allen & Overy (A&O) and Cadwalader Wickersham & Taft have had the Chinese walls they erected to stop information flowing between the multiple parties they are acting for on the TXU Europe administration ratified by the Commercial Court.
A&O is acting for TXU joint administrator KPMG, TXU's banks, TXU creditor Barking and the bankers for another creditor, AES Drax. Cadwalader is advising KPMG and TXU's bondholders.
Herbert Smith, representing the other joint administrator Ernst & Young (E&Y), A&O and Cadwalader drew up a unique 'lawyers protocol', outlining how the firms would preserve their Chinese walls.
Herbert Smith is not conflicted but was involved in the protocol by E&Y to avoid KPMG's law firms feeling victimised, one source said.
Mr Justice Blackburne ruled last Friday (28 March) that the protocol was acceptable.