Financial Services News
Linklaters and Milbank Tweed Hadley & McCloy have secured judgment in favour of Visa in a dispute brought by retailers over fees charged for using Visa credit cards.
Indian property company Unitech has triumphed again against Deutsche Bank in the latest stage of the long-running $177m (£110m) Libor battle over allegedly missold loans and swaps.
Slaughter and May has advised Wonga on the agreement with the Financial Conduct Authority (FCA) that wrote off £220m of debt from approximately 330,000 customers this week.
DLA Piper has fought off a derivatives mis-selling case for Natwest and the Royal Bank of Scotland (RBS) which were found to have given “negligent but not actionable” advice to family property company Crestsign.
Skadden Arps Slate Meagher & Flom has brokered a record-breaking $16.6bn (£10bn) settlement with the US Department of Justice (DoJ) for client Bank of America to resolve allegations of fraudulent mortgage handling.
Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC).
Financial Servicies Briefings
To be or not to be a ‘consumer’: a question for the court, not FOS download subscription
The court has considered an application for judicial review of a decision made by the Financial Ombudsman Service (FOS) to entertain a complaint against the applicant.
Moldova: amendments to the legislation on pledges download subscription
On 25 July 2014, the Parliament of the Republic of Moldova adopted Act No. 173/2014 on amending and supplementing of certain legal acts.
Study reveals SME funding concerns download subscription
Just one in four of the UK’s small and medium-sized firms think the government and lenders are offering enough funding support to them.
Panel reviews 2014: The chosen ones download
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
The Cayman Islands dominates the offshore world, but can it maintain its leading position?
A flair for innovation sets apart the banking and finance teams on this year’s shortlist for top honours at The Lawyer Awards