10.22amIt cost $15m, had a cast of thousands and ran for more than three hours. The similarities between the OFT’s case against a series of high street banks over account charges and 1950s blockbuster Ben Hur are legion. 4 March, 10.22am It cost $15m, had a cast of thousands and ran for more than three […]
Davis Polk & Wardwell, Sullivan & Cromwell and Weil Gotshal & Manges have secured lead roles on the restructuring of US insurance giant AIG. Davis Polk & Wardwell, Simpson Thacher & Bartlett, Sullivan & Cromwell and Weil Gotshal & Manges have secured lead roles on the restructuring of US insurance giant AIG. Davis Polk corporate […]
Freshfields Bruckhaus Deringer and Herbert Smith have been called in to advise on building supplies company Wolseley’s upcoming £1bn rights issue. In the latest of a glut of cash calls by listed companies, Freshfields head of corporate Mark Rawlinson is understood to be advising Wolseley while Herbert Smith is understood to have been instructed by […]
Private equity group Apax Partners is set to hire its first global general counsel, joining a growing list of funds employing dedicated in-house lawyers. The group has appointed recruiters to find candidates, although the position is not being advertised publicly. It is understood that the post will be based in London and will pay between […]
The Football Association has revamped its legal panel, handing positions to 11 silks, who will decide on football disputes involving clubs and players. The Football Association (FA) has revamped its legal panel, handing positions to 11 silks, who will decide on football disputes involving clubs and players. Paul Goulding QC of Blackstone Chambers and David […]
Mosaic Fashions, which owns retail chains including Karen Millen and Oasis, went into administration today, with DLA Piper winning the instruction. Mosaic Fashions, which owns well known retail chains including Karen Millen and Oasis, went into administration today, with DLA Piper winning the instruction from the administrators. Deloitte partner Neville Khan turned to DLA Piper […]
The legal chief of the UK’s biggest local council has slammed a “poor-quality” Law Society consultation on the role of monitoring officers, describing it as a “waste of money”. Birmingham City Council head of legal Mirza Ahmad is refusing to take part in the appraisal. The Law Society and Solicitors in Local Government (SLG) want […]
Former Crystal Palace FC manager Iain Dowie is taking CMS Cameron McKenna to court over fees racked up by the firm when it represented Dowie in defence of a claim brought by the club. Dowie ;is ;disputing Camerons’ costs for acting on a case brought by Palace chairman Simon Jordan, who alleged that Dowie had […]
Chancery set Radcliffe Chambers has boosted its ranks with two new barristers, launching an employment ;litigation practice in the process. The chambers has hired Shantanu ;Majumdar from Lamb Chambers. Majumdar specialises in professional negligence, commercial and employment litigation and was called to the bar in 1992. A ;spokesperson ;for Radcliffe said: “It’s a bit of […]
Boyes Turner partner Adrian Desmond has been elected as chairman of the Forum of Complex Injury Solicitors (Focis). He replaces Richard Vallance of Charles Russell, who has held the role since 2007. Desmond said: “The forum will continue to promote excellence in personal injury [PI] practice by sharing experience among its members and expressing informed […]
The Allen Stanford case highlights the powerful impact that government can have when agencies join forces to catch criminals. Although it is a challenge to find anything positive in the face of such far-reaching fraud affecting so many innocent victims, the united front shown by the US Department of Justice (DoJ), of which the FBI […]
It Is a bit of a strange shopping list: one pair of silk breeches, one set of ruffles, a jabot, one pair of steel buckled court shoes, one pair of white gloves and one full-bottomed wig. But it is the same shopping list held in the quivering hands of 104 new silks as they visit […]