RBS turns to Dentons for £30m Libor claim

28-Nov-2014 | By Kate Beioley

The Royal Bank of Scotland (RBS) has turned to Dentons to defend it against a £30m claim from Cooke Young & Keidan (CYK) client property developer Property Alliance Group over Libor-related misselling allegations.


Weil prioritises London and finance in 12-strong promotions round

26-Nov-2014 | By Kate Beioley

Weil Gotshal & Manges has added 12 new partners to its ranks in its most recent promotions round, up on nine the previous year, adding four partners in London.

kiev ukraine

Clifford Chance advises bondholders pursuing unpaid Ukrainian bond coupon

21-Nov-2014 | By Kate Beioley

Clifford Chance partner Jared Grubb is advising a group of bondholders seeking $2m from Ukrainian bank VAB Bank after it failed to pay out a coupon due to new Ukrainian foreign currency restrictions.

madrid spain

Pérez-Llorca wins Spanish airport IPO deal with €1 fee

21-Nov-2014 | By Natasha Bernal

Spanish firm Pérez-Llorca has secured the instruction to advise the Spanish airport operator Aena (Aeropuertos Españoles y Navegación Aérea) on its upcoming flotation for a fee of just €1.


JP Morgan asking for reduced rates in panel review

19-Nov-2014 | By Kate Beioley

JP Morgan Chase has launched its latest panel review, having warned firms they will have to cut rates by at least 2 per cent to qualify. 


Clifford Chance advises as RBS waits for latest FCA fine

19-Nov-2014 | By Kate Beioley

Clifford Chance is advising the Royal Bank of Scotland (RBS) as it prepares for another round of fines from the Financial Conduct Authority (FCA), this time in relation to a 2012 IT meltdown.

Royal Bank of Scotland RBS

Bird & Bird replaced by Fladgate on £4bn RBS shareholder case after fees row

17-Nov-2014 | By Kate Beioley

Bird & Bird has been replaced by Fladgate on the £4bn battle between the Royal Bank of Scotland (RBS) and shareholders over a 2008 £12bn rights issue amid disagreements over fees.


Clifford Chance, Freshfields, HSF and Linklaters on £2.6bn FCA forex settlement

13-Nov-2014 | By Kate Beioley

Clifford Chance, Freshfields Bruckhaus Deringer, Herbert Smith Freehills (HSF) and Linklaters are among the firms advising the banks hit with £2.6bn in fines from the Financial Conduct Authority (FCA) and US regulators for a mass attempt to rig the foreign exchange (forex) market.


Ashurst, Clifford Chance, Freshfields and Linklaters all on CMA bank probe

11-Nov-2014 | By Kate Beioley

Linklaters, Clifford Chance, Freshfields and Ashurst have all won roles for the UK’s big four retail banks currently at the centre of a major Competition and Markets Authority (CMA) probe launched last week.

Read all Banking and Finance News

Banking and Finance Briefings

Constructive knowledge bars claim — Jacobs v Sesame Ltd download subscription

Wragge Lawrence Graham & Co 27-Nov-2014

The knowledge referred to under s14(A) of the Limitation Act 1980 (s14(A)) is knowledge of the material facts about the damage and time starts to run from that knowledge. 

Advisers successfully exclude liability for giving recommendations download subscription

Wragge Lawrence Graham & Co 27-Nov-2014

The High Court has considered the duty owed by the defendants to the claimant when selling an interest rate hedging product, and whether the defendants had breached that duty.

‘Pay if paid’ clause would be wildly at odds with commercial common sense download subscription

Wragge Lawrence Graham & Co 27-Nov-2014

This was the finding of the High Court in Avonwick Holdings Ltd v Webinvest Ltd and Shlosberg.

More from Banking and Finance Briefings

Banking and Finance Analysis


Banking and finance: The advice squad

13-Oct-2014 | By Natalie Stanton

IPOs are booming again, sending law firms jostling for mandates, but this time there’s a new role for banks that are independently advising the issuers. Step forward Lazard and Rothschild

Panel reviews

Panel reviews 2014: The chosen ones download

15-Sep-2014 | By Natasha Bernal

Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all

More from Banking and Finance Analysis

Banking and Finance Opinion

Stephen Ross

Tesco - Why City analysts and journalists need to learn to speak our language


The revelation by Tesco that it had overstated its trading profits by £250m wiped £2bn off its market value in one day.

Cat Griffiths index

Losing the magic touch in finance

17-Mar-2014 | By Catrin Griffiths

Have the magic circle firms squandered their lead in acquisition finance?

Cat Griffiths index

A farewell to UK finance work

20-Jan-2014 | By Catrin Griffiths

For some reason the politics of King & Wood Mallesons SJ Berwin’s corporate department attracts extraordinary attention online from our readers.

More from Banking and Finance Opinion