Banking and finance

tehran iran

UK Government settles billion-pound banking dispute

The HM Treasury has settled a £1.25bn damages suit brought against it by an Iranian Bank over sanctions imposed by the UK Government in 2009 because of alleged links to Iran’s nuclear programme. The sanctions imposed on Zailwalla & Co’s clients, Bank Mellat, prevented it doing business within the UK financial sector.  The two parties have […]

moves, lateral hires and exits

Sidley duo decamp for Dechert’s expanding office

Building on the hire of Sidley Austin litigator Dorothy Cory-Wright last year, Dechert has ramped up its London recruitment efforts bringing on board two further partners from its US rival. Dechert has hired finance partner John McGrath, as well as structured finance disputes partner Simon Fawell. McGrath was promoted to partnership at Sidley in 2011 […]

money finance

Former Latham partner finds new in-house role

Financial services provider Apex has hired Andrew Macklin as its new general counsel, following his recent in-house role at Monzo Bank. Macklin, a corporate lawyer by trade, left Latham in 2018 to fill in as Monzo’s interim legal head as the bank ramped up recruitment efforts to fill the role permanently. The role at Monzo […]

Monzo Bank

Monzo brings in Barclays legal head to lead new product strategy

Digital bank Monzo has brought in a former Barclays in-house lawyer in a senior position as it beefs up its legal team to support the launch of new products. The company hired Richard Barlow as legal director to oversee the development and launch of new products as part of its goal to create a marketplace […]

Todd Foreman

Stockbroker recruits former Labour councillor as first GC

Saville Row-based international stockbroker Makor Group has taken on its first general counsel, appointing lawyer and former Labour party councillor Todd Foreman. Foreman joins the Makor Group as chief legal officer in London. A New York and English qualified lawyer, he worked as an associate at White & Case and Freshfields Bruckhaus Deringer, before moving […]

Conyers advises pipeline Engineering Holdings Limited in connection with its HK$126.5 million IPO

Conyers Dill & Pearman provided British Virgin Islands and Cayman Islands legal advice to Pipeline Engineering Holdings Limited (the “Company”) in connection with its HK$126.5 million initial public offering of 230,000,000 shares on the Main Board of The Stock Exchange of Hong Kong (Stock code: 1865). The Company engages in infrastructural pipeline construction and related […]

Conyers advises START II Ltd and START Holding II Ltd in connection with its US$597 million asset backed securitisation

Conyers’ Bermuda office acted for the Issuers, START II Ltd and START Holding II Ltd, in respect of an asset backed securitisation (“ABS”) comprising three tranches of notes secured on a portfolio of 20 in-production aircraft on lease to 13 global airlines in 11 countries, with an appraised value of approximately US$597 million. The notes […]

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