At the start of the year, 3VB QC Ali Malek and his team were prudently preparing for the latest instalment in the long-standing dispute between Kazakhstan and Moldovan businessman Anatolie Stati and his son Gabriel, with the sides rowing over an outstanding $500m Swedish arbitration award. The case was further complicated last month when the […]
Amjad Rihan’s excruciating seven-year wait for vindication came to an end last week, as he succeeded in a landmark whistleblowing dispute with the help of a 4 New Square silk. Pitted against the global accountancy giant EY, Rihan’s legal team pulled off a remarkable result as the High Court awarded him $11m after ruling that […]
The much anticipated Mastercard/Merricks dispute reaches the Supreme Court this week, as competition lawyers keep an avid watch on a case that will leave an indelible mark on class action disputes. The Competition Appeal Tribunal (CAT) had previously sided with Mastercard when it blocked Quinn’s attempts to bring the consumer group action claim, led by […]
In what proved to be the first-ever High Court case streamed live on YouTube, judgment has now been handed down in the National Bank of Kazakhstan & Ors v The Bank of New York Mellon & Ors. As the first significant commercial matter to be dealt with remotely in the UK, Justice Teare thanked all […]
At the start of the year, 3VB QC Ali Malek and his team were prudently preparing for the latest instalment in the long-standing dispute between Kazakhstan and Moldovan businessman Anatolie Stati and his son Gabriel, with the sides rowing over an outstanding $500m Swedish arbitration award. The case was further complicated last month when the […]
Amjad Rihan’s excruciating seven-year wait for vindication came to an end last week, as he succeeded in a landmark whistleblowing dispute with the help of a 4 New Square silk. Pitted against the global accountancy giant EY, Rihan’s legal team pulled off a remarkable result as the High Court awarded him $11m after ruling that […]
The much anticipated Mastercard/Merricks dispute reaches the Supreme Court this week, as competition lawyers keep an avid watch on a case that will leave an indelible mark on class action disputes. The Competition Appeal Tribunal (CAT) had previously sided with Mastercard when it blocked Quinn’s attempts to bring the consumer group action claim, led by […]
In what proved to be the first-ever High Court case streamed live on YouTube, judgment has now been handed down in the National Bank of Kazakhstan & Ors v The Bank of New York Mellon & Ors. As the first significant commercial matter to be dealt with remotely in the UK, Justice Teare thanked all […]
Cooley has spent about £22m for its upcoming move to its new London headquarters, its LLP accounts show. The firm is to take up new office space in TwentyTwo Bishopsgate, moving from the 69 Old Broad Street building that housed the firm’s practices since its London launch in 2015. The London office of the US firm […]
Employee ownership makes for more successful firms
You need a couple of attempts to crack America. For Allen & Overy, the O’Melveny negotiation was simply the appetiser before the main course. Ashurst, though, has had a few too many sharing plates. Who can forget the rejection of Latham? The talks with Fried Frank that led to the Ashurst managing partner defecting to […]
Hybrid working has been a significant success for Big Law, with lawyers now used to being able to switch between meetings and the domestic chores. Yes, the working day might be longer, but it’s been more productive for both home and work life. Sadly, the washing may begin to pile up again, as new research […]
All the magic circle’s partner promotions are in for 2023, so what’s interesting about those made up in London this year? Here are a few points that jump out. The magic circle is even less Oxbridgey than ever Just 30 per cent of the 46 new magic circle partners this year hailed from Cambridge (seven) […]
Dodgy-looking characters losing thousands in the casino, sky-high fountain displays dancing in front of glitzy hotels, and George Clooney with his 11-strong mob breaking into vaults are sights you expect to witness in Las Vegas. And a recent holiday to Sin City did not disappoint – except the Clooney part, unfortunately. What was unexpected was […]
Freshfields Bruckhaus Deringer will begin recruiting 100 trainees per year for the first time since 2009, reversing years of decreases. The qualifying cohort of 2022 was only 73 strong, but the firm has been gradually expanding its recruitment levels once more. Last year it was on the hunt for 90 trainees to begin in 2024, […]
Allen & Overy is set to replenish its infrastructure and private equity ranks with the hire of a partner from CMS. Edward Holmes has spent a year and a half at CMS and joined in January 2022 as a partner. He previously spent nearly 12 years at Clifford Chance, where he was a senior associate. His […]
DLA Piper, Freshfields Bruckhaus Deringer and Kirkland & Ellis have all advised on the £4.5bn cash buyout of veterinary pharmaceutical company Dechra. EQT and Abu Dhabi Investment Authority subsidiary Luxinva have purchased Dechra in one of the largest private deals of the year to date. Kirkland corporate partners Roger Johnson, Dipak Bhundia and Francesca Harris […]
DAC Beachcroft is reconsidering the sale of its Claims Solutions Group (CSG) following the news the firm was in talks with a private equity fund. The firm was in negotiations with London-based Limerston Capital in April over buying the CSG following a strategic review. However, a firm spokesperson has now said: “Following a strategic review […]
Despite a febrile mood across the equity capital markets sector, Latham & Watkins and Clifford Chance have won one of the largest listing mandates for 2023. We Soda this week announced its intention to apply for admission of its shares to the premium segment of the official list of the FCA and trading on the […]
