Law Soc budget suffers £7m shortfall

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Equitable action struck out

Stricken insurer to pursue alternative claim againt former auditor, Ernst & Young The High Court ruled today (Monday, 10 February), that Equitable Life’s action against its former auditor Ernst & Young should be struck out. Stricken insurer Equitable was brought to its knees by guaranteed annuity rate (GAR) pensions it could not pay and sued […]

Clarke Willmott's Equitable claimants win group status

Clarke Willmott & Clarke, acting for 10 claimants with cases against Equitable Life, has won a key action for its clients to go to trial as a group rather than individually, providing savings in court time and costs A judgment is also due today (10 February) on Ernst & Young’s High Court strike-out application against […]

Carey Langlois and Olsens join forces

Carey Langlois and Olsens have merged to create the largest firm in the Channel Islands. The new firm will be called Carey Olsen and will comprise 120 lawyers, including 25 partners based in Jersey, Guernsey and London. First revealed on www.thelawyer.com/lawyernews 4 February

DLA insolvency head joins Eversheds

DLA has lost its national head of business support and restructuring Peter Cranston to Eversheds Cranston will head up Eversheds’ Leeds insolvency practice. He is to be replaced on a short-term basis by head of transactions Andrew Darwin. DLA has also recruited Hammonds London-based insolvency partner Lorinda Peasland, leaving the national firm with just two […]

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