The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
LONDON solicitor David Greene is at the centre of a legal campaign by English and German creditors to secure over DM600 million (u240 million) from disgraced German investment adviser and alleged fraudster Jurgen Harksen.
Greene, partner of London firm Edwin Coe, worked with South African lawyers in Cape Town to secure a rare Mareva injunction and ex parte sequestration order against Harksen, who recently fled to South Africa. He also faces charges in Germany.
Harksen has now given an undertaking to return the DM600 million to his creditors by July. The agreement follows the lifting of the sequestration order against Harksen following further negotiations between Edwin Coe and Harksen which took place at the end of February.
In total, there are around 30 solicitors advising Harksen's creditors, mainly based in Germany, but it has been left to Greene and to Cape Town-based barrister Peter Hodes SC to actually start proceedings.
They have taken proceedings against him in the South African jurisdiction.
"Sequestration has brought him to the table," he says. Although Harksen has agreed to refund monies in full, "I'll believe it when I see it," says Greene.