Fladgate sued over Izodia fraud

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  • Open and Shut

    How could Fladgate screw up on the conflict of interests point so much?

    Acting for Izodia, Orb and Smith! You would have thought someone at the firm must have thought..."hold on a minute, we're advising two too many sides on this".

    Need for some better conflicts protocol clearly

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  • Litigation fuel

    Fladgate have been caught in a litigation chain reaction.

    First Izodia sues Smith, then RBS and now Fladgate.

    The awards from the first two must have given Izodia the financial fuel to take on everyone and their dog involved in the fraud.

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  • Litigation fuel

    Possibly see Lanbar now that its settled go after its legal advisers?

    Presume it probably has enough money to do that now.

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  • Open and Shut

    Ok in this case it's pretty obvious that there were conflicts. Sometime though it's not as clear cut. Freshfields and M&S comes to mind

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  • Fladgate and Nic Greenstone

    Neither Fladgates nor Nic Greenstone have covered themselves in glory. An urgent review of internal procedures would appear to be in order.

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  • RBS Pay-out on Izodia

    Did any of the RBS 23million pay-out end up going to shareholders? I had some shares in Izodia held through a broker nominee account. They never really told me what happened to Izodia and my holding just disappeared. I have not received a penny to date, so was wondering if I am due anything.

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