Edwin coe displays shareholder nous

Edwin Coe may not have won the misfeasance case against the Government brought by a group of former Railtrack shareholders, but it has certainly won a niche practice area. The firm has been advising a group of rebel shareholders opposed to the proposed merger between independent grocers Nisa-Today’s and Costcutter. Litigation partner David Greene was instructed by the Nisa Members Association to fight the deal, campaigning against the demutualisation of Nisa as well as its sale to Costcutter. Last week the campaign paid off after the companies announced they had ditched the merger plan. Edwin Coe also acted for 32,000 convenience store owners who are members of the Association of Convenience Stores, whose challenge to the Competition Appeals Tribunal prompted the Competition Commission to begin investigating the grocery sector. The win is another feather in Edwin Coe’s rapidly growing shareholders cap, demonstrating that this little Lincoln’s Inn firm is capable of acting for a large nunber of people and often succeeding.