The liquidators of Bernard L. Madoff feeder fund Fairfield Sentry, represented by British Virgin Islands (BVI) firm Forbes Hare and Macfarlanes, have lost two key points before the Privy Council in an important judgment.
Litigation powerhouse Quinn Emanuel Urquhart & Sullivan has dropped out of The Lawyer’s annual top 30 international firms in London table this year following the resolution of two of its largest cases during 2013 and a reduction in UK turnover of 28 per cent.
The Financial Conduct Authority’s (FCA) independent directors have appointed Clifford Chance litigator Simon Davis to conduct an inquiry into its botched announcement of an investigation into the insurance industry.
Freshfields Bruckhaus Deringer has appointed Nigel Rawding to head up its arbitration practice in the City.
Macfarlanes has made up nine lawyers to partner in its largest-ever round of promotions, across a range of practice areas including corporate, funds and financial services.
The Supreme Court is to examine the scope of a solicitor’s duty and whether they are legally required to warn clients about commercial risks.
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The High Court case of Jarden Solutions (Europe) Ltd v SEB SA concerned a dispute about deep fat fryers.
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