BP’s slick footwork

Well, that was a bit of a let-down. The revelation (see story) that BP has picked both Freshfields and Linklaters – or, if you like, Linklaters and Freshfields – is the equivalent of a nil-nil draw at Wembley this Saturda

With BP’s panel review one of the biggest so far this year, all eyes were on whether the oil giant would opt for Fleet Street over Silk Street.

Linklaters, which for years had been BP’s go-to firm, was ousted by Freshfields to act on the defence of any potential takeovers in the wake of the Gulf of Mexico oil disaster (see story).

Since then, the two just haven’t been able to stop bumping into each other, notably on the BP-Rosneft share swap deal (see story).

But in the end, BP GC Rupert Bondy just couldn’t bear to part with either firm. So those of us who imagined a manly wrestle between a fully-oiled Simon Davies and Ted Burke as part of the pitch process will feel cheated.

Still, there’s always the Barclays review (see story); we can but hope.


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