Finance deals round-up

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Wealth is increasing exponentially among some of the world’s richest families, to the extent that, for many of these families, it makes commercial sense to have their own bespoke family office which looks after key operations and functions of the family. These services might include investment management, property management, day to day accounting and payroll […]

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Cloisters head joins High Court

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Jones Day faces High Court for failure to disclose conflict of interest

US firm Jones Day Reavis & Pogue appears in the High Court today accused of professional negligence and breach of fiduciary duty It is alleged that the firm acted for both sides in a share placement by the Saab brothers at the Saudi American Bank without disclosing the conflict.In relation to today’s case (28 October) […]

Jewellers sues Customs for £2m

Mayfair firm Gordon Dadds has become the third firm to be appointed by claimants in an action against Customs & Excise The claimants, the owners of jewellry shop Matchpoint Pen Co, whose client list included the Sultan of Brunei, were acting in person until they handed their case to Gordon Dadds partner Patrick Gieron. It […]

Freshfields wins Cinven work on Kluwer auction

Freshfields Bruckhaus Deringer has picked up the work on Cinven’s latest foray into the publishing sector. Most of the private equity house’s recent publishing acquisitions have gone to Ashurst Morris Crisp, but for the Kluwer Academic Publishers auction, the work went to Freshfields corporate partner James Davis. However, Candover, which was represented by Clifford Chance, […]

Osborne Clarke ramps up property and projects

Osborne Clarke has bolstered its property department with the appointment of SJ Berwin property development specialist Kathryn Almond, taking the number of property partners in the firm to 19. The firm has also taken on former Altheimer & Gray senior associate Cathy Harris to head its projects practice. Harris will join Osborne Clarke as a […]

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