A&O’s docGenix on red alert as investment deadline passes
Allen & Overy (A&O) has missed the deadline it set itself to save docGenix, its financially troubled derivatives risk analysis business. Derivative Services, which owns a 58 per cent stake in docGenix, but which has a 100 per cent interest in its subsidiary’s losses, was forced to write down a £1.3m investment in docGenix in 2009. […]