Clifford Chance client Excalibur defeated in $1.6bn High Court battle

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  • If I'd been involved in rustling up funds for what looks like some very speculative litigation, I'd be worried that those who had lost money would end up blaming me.

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  • this case is a major PR disaster for Clifford Chance as they shouldnt have taken on the case in the first place. They appear to have misjudged the merits of the case even if Court was against their client from the outset.

    To then find that Panayides contacted his brother to drum up more cash for his own legal fees, this is utterly shocking and I wonder if CC are now at risk of being sued, a part from laughed at in the legal circles

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