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Litigation funding: War chest

The downturn has proved a fertile environment for the rise of litigation funders. James Delaney examines the evidence Few lawyers can have escaped the publicity surrounding ­litigation insurance and funding in recent years. Numerous high-profile cases have been cited in the legal press heralding the revolution that has occurred in the use of litigation risk […]

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Mayer Brown in advanced talks with A&O leveraged finance team

Mayer Brown is in advanced talks with teams from several firms in London to significantly bulk up its capital markets and corporate practice groups in the City The US firm, which was recently hit with the loss of former co-vice-chair Paul Maher, is understood to be in talks with groups of partners from up to four firms as it seeks to […]

On the shelf

The London litigation market is often lamented as being the most expensive in the world. Yet with innovative solutions being offered by the alternative funding market, is it really a difficult place to get access to justice? The eagerly awaited judgment in the Stone & Rolls (in liquidation) v Moore Stephens litigation will have far […]

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Hammonds shown half-time red card during Portsmouth FC talks

The consortium attempting to take control of Portsmouth Football Club has dumped legal adviser Hammonds midway through the bidding process. Rob Hamill Sulaiman Al Fahim, chief executive of Hydra Properties and leader of the bidding group, initially instructed Hammonds but switched to Mayer Brown after an apparent disagreement over fees. Mayer Brown corporate partner Rob Hamill […]

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Norton Rose signs tie-up with Australia’s Deacons

Norton Rose is to merge with Deacons Australia, giving the combined entity a turnover of more than £420m and 12 offices across Australasia. Norton Rose chief executive Peter Martyr (pictured) will be group chief executive of the enlarged firm, which will trade under the name Norton Rose Group. Deacons’ current chief executive Don Boyd will […]

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