Equitable trouble and strife
It’s all gone a bit quiet over at Herbert Smith. The collapse of Equitable Life’s massive £2.6bn professional negligence claim against Ernst & Young (E&Y) is an unaccustomed failure for the City’s premier litigation firm. Mark Hapgood QC’s taunt, during E&Y’s victorious press conference, that the case represented the “biggest climbdown in legal history” is […]