BLG brand to disappear as part of Clydes merger

  • Print
  • Comments (37)

Readers' comments (37)

  • The end of a 170 year era...

    Unsuitable or offensive? Report this comment

  • Back in the early 2000s BLG and Clydes were fairly similar firms. BLG had the stronger reputation in reinsurance, non marine work as well as mainstream corporate and commercial litigation whilst Clydes was pre-eminent in marine, energy and political risk insurance. The reason why Clydes has been able to pull away and swallow its bitter rival is that it has always been guided by a strong professional management team, whilst BLG has lurched from one failed managerial experiment to the next.

    Unsuitable or offensive? Report this comment

  • It doesn't matter how many times they both say it, this is not a merger in any shape. It is a clear takeover.
    Thats not to say that Jabba and Konsta have done badly. Anyone who can take a firm which has lost 10+ equity partners of a short period of time and make it an attractive proposition for takeover has to be congratulated. Yes they are 15 partners going, but those are the partners who have been stopping the international growth.
    For Clydes, a great deal.

    Unsuitable or offensive? Report this comment

  • What a charade. Jabbari and Konsta given token roles for 18 months. BLG partners axed. BLG's name relegated to history. This was always a fire sale. Though Jabbari will come in useful in the short term - he either executes redundancies or adds a Cafe Nero to a frim's reception...I wonder what he'll be doing during the 18 months...?

    Unsuitable or offensive? Report this comment

  • Nice pay boost for the top of BLG's equity.

    Unsuitable or offensive? Report this comment

  • re Anonymous @ 9.05. Totally agree with the analysis of BLG management in the last 10 years. Also add in incompetence and cronyism.

    Unsuitable or offensive? Report this comment

  • In pulling off this deal and making BLG ready for takeover surely Jabba and Konsta have done good? The deal could have been a lot worse had a US firm taken them over, there would have been plenty more blood on the carpet.
    Dodgy management at BLG for the last ten years? Agreed. But some credit has to go these pair who have made it a viable option for CLydes

    Unsuitable or offensive? Report this comment

  • Why so much negative comment? Forget the past. Looking forwards, the newly combined team will have excellent lawyers and a great roster of clients. Good luck to them. And keeping the Clyde & Co name is the right thing to do.

    Unsuitable or offensive? Report this comment

  • Good move. It is far better to grasp the nettle and do a single rebrand than to go for the clumsy Clyde BLG for a period and then drop the BLG later.

    Unsuitable or offensive? Report this comment

  • I am baffled by the attacks on Jabba who has achieved an incredible amount in one year, given the mess he inherited. Bottom line is that 10 years ago Barlows and Clydes were roughly the same size. Today, Clydes is three times bigger with offices everywhere and but for the increase in turnover during Jabba's brief reign Barlows would be hardly any bigger than it was in 2001!

    Unsuitable or offensive? Report this comment

View results 10 per page | 20 per page | 50 per page

Have your say

Mandatory Required Fields

Mandatory

Comments that are in breach or potential breach of our terms and conditions in particular clause 8, may not be published or, if published, may subsequently be taken down. In addition we may remove any comment where a complaint is made in respect of it. These actions are at our sole discretion.

  • Print
  • Comments (37)