Banking and Finance News
Linklaters’ real estate finance team has undergone tremendous growth over the last five years with the volume of work it carries out increasing by 600 per cent, according to the firm.
The Royal Bank of Scotland (RBS) and Herbert Smith Freehills (HSF) have been criticised in the High Court for their “unfocused”, “unsettling” and “less than compelling” approach to disclosure in the bank’s £4bn battle with shareholders.
Cross-border teams from Freshfields Bruckhaus Deringer and Sullivan & Cromwell are advising on the €1.7bn (£1.2bn) tie-up between banking technology companies Wincor Nixdorf and Diebold in Germany and the US.
Dechert has announced the hire of former Weil Gotshal & Manges corporate finance heavyweight Laurent Faugérolas as a partner, almost three years after he quit law to set up a corporate advisory boutique.
Former HBOS executives represented by Ashurst have defended their actions after the conclusion of a report into the failure of the bank by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA).
Paul Hastings has hired Linklaters finance veteran David Ereira as part of plans to boost its London finance practice.
Mishcon de Reya has taken a further claimant from Signature Litigation in the mammoth £4bn shareholder battle against the Royal Bank of Scotland (RBS), The Lawyer can reveal.
Lloyds Bank has abandoned plans to appeal a decision handed down in July that said advice given to it by Linklaters on its acquisition of Halifax Bank of Scotland (HBoS) is not subject to privilege, The Lawyer can reveal.
Berwin Leighton Paisner’s (BLP) head of structured debt and capital markets Paul Severs is leaving the firm for Paul Hastings’ London office.
Banking and Finance Briefings
Kazakhstan legal alert: anti-dumping measures, agricultural co-ops; and more download subscription
Also: ownership rights.
Luxembourg: new transparency requirements for issuers of securities download subscription
Regulator will not enforce quarterly financial report obligation, and other developments.
Freezing orders: a practical guide subscription
Walker Morris partners Gwendoline Davies and Andrew Beck review the recent cases and provide some practical advice.
Banking and Finance Analysis
Portugal’s lawyers have been busy this year on a number of big deals, but not all have succeeded. Why?
Swiss firms have bagged major business from global brands such as GSK, Novartis and Crédit Suisse this year, while their Asia ventures have come good.
Banking and Finance Opinion
While the chances of Greece leaving the eurozone have diminished a Grexit still remains possible.
Which firms will have the balls to walk away from the RBS review?