Barclays has launched a major panel review, inviting firms to bid for the 120 places on its legal roster. The key seats on the general advisory panel are currently held by Allen & Overy, Clifford Chance, DLA Piper, Freshfields Bruckhaus Deringer, Linklaters, Lovells and Simmons & Simmons. Around 50 other firms benefit from places on […]
Charles Russell has instructed Barlow Lyde & Gilbert (BLG) to defend a £4m claim brought against it by a former client. The claim has been filed by Trethowans partner Richard Cook on behalf of former Charles Russell client Professor David Youlton, the former chairman of digital television company Snell & Wilcox. Youlton initially launched a […]
Derek Draper and Damian McBride certainly intended their ‘Red Rag’ blog to stir up controversy by smearing the reputations of their political enemies, and they hoped that by doing so they would ultimately damage the Conservative Party. The trouble is that, even while the project was merely formulated as an idea in a private exchange […]
As the usual investors in public companies dry up along with the market, now’s the time for Pipes to come into their own. Private investments in public equity (Pipes) are being mooted for private equity sponsors to create deal-flow and for public companies to obtain new sources of funding while traditional routes are constrained by […]
Europe’s largest waste PFI has seen Addleshaws strike up relationships with new clients. The Greater Manchester waste PFI has been a boon for Addleshaw Goddard, although not in the way the firm might originally have intended. Addleshaws first came on board in 2007 as adviser to two sole commercial lenders, Bank of Ireland and NIBC […]
The Government’s efforts to reduce companies’ carbon emissions will have a far-reaching effect on private equity funds. By Sue Woodman Cremation to be banned? Not quite, but a brave new green world is coming and the Government is legislating to save the planet by introducing a new emissions trading scheme known as the Carbon Reduction […]
Each new day sees retailers large and small going to the wall. This article addresses the plight of customers who have ordered and paid for expensive goods – such as furniture or computer equipment – but not yet taken delivery when the shop goes into administration. Can they insist on the goods being delivered or […]
Settling the estate of an eccentric artist who left behind bizarre artefacts and hundreds of claimants has been the (strangest) case of a lifetime, explains Peter Walmsley Paul Walmsely There are certain cases in every lawyer’s career that can be determined as a landmark, and for my colleagues and I the administration of the estate […]
Hausfeld is to appeal a High Court decision that effectively spelt the end for US-style class actions in English and Welsh courts (see blog ). Anthony Maton Hausfeld partner Anthony Maton met with the claimants, cut flower importers Emerald Supplies and Southern Glass House Produce, this morning to discuss the possibility of an appeal. The […]
Blackstone Chambers’ Dinah Rose QC is looking to launch a High Court action in a bid to force the Treasury to pay compensation to Equitable Life policyholders. Dinah Rose QC Rose, who is working with Bindmans head of public law Stephen Grosz, is acting for the Equitable Members Action Group (EMAG). The group will challenge […]
Last November the European Commission issued a green paper on Consumer Collective Redress which highlighted the need for a more comprehensive and united approach to group actions across Europe. In December the Civil Justice Council recommended that the group litigation model (GLO) be reformed in England and Wales so access to justice barriers would be […]
Clifford Chance London private equity partner Simon Cooke is relocating to the firm’s Hong Kong office to work alongside Hong Kong private equity head Andrew Whan. The pair will focus purely on private equity and will work alongside the firm’s local corporate head Roger Denny and a team of roughly ten associates. The move comes […]