Advising on the issue and trade of debt such as medium term notes and bonds is an increasingly lucrative part of the business of UK law firms Allen & Overy, Clifford Chance and Linklaters & Paines. In the US the different parties to these deals always each instruct their own law firm. But in Europe, […]

A defunct Westminster graveyard put an unexpected spoke into what ought to have been a relatively easy £25m conveyancing transaction for Linklaters & Paines. Linklaters acted for the NHS in selling the former Westminster Hospital to developer Ballymore Properties, represented by Ashurst Morris Crisp, for more than £25m. The hospital stands around two sides of […]

UK lawyers face the increasing danger of becoming entangled in anti-money laundering suits as US regulators pursue aggressive new tactics, according to former Fraud Squad detective Rowan Bosworth-Davies. Bosworth-Davies, who now specialises in financial crime at Titmuss Sainer Dechert, said he had evidence that US prosecutors had used undercover investigators to track down money launderers […]