HSF cashes in on seven-year Nortel bankruptcy with $400m fees
Herbert Smith Freehills (HSF) has earned almost $400m (£283m) in fees for its work on the ongoing administration of Canadian telecoms giant Nortel Networks, an administrators’ report has found. The firm is the largest sole recipient of the total $1.689bn (£1.2bn) paid out by bankrupt Nortel Networks to lawyers and administrators worldwide over the course […]