The Irish Competition Authority was left red-faced after the Supreme Court’s criticism of the ILCU case. Philip Andrews discusses the implications for future enforcement The Irish Supreme Court rebuke of the Competition Authority on 8 May this year was an awkward moment. Ireland’s free-market regulator was found to have relied on “artificial” and “counter-intuitive” economics […]
The Supreme Court’s overturning of the High Court’s not-guilty verdict on Ireland’s most famous insider dealing case is a crucial victory for businesses, say Conor McDonnell and Keith Smith “It used not to be considered any sort of sin to profit financially from the use of secret, private or privileged information. That was how fortunes […]
Lovells and O’Melveny & Myers have steered a landmark joint venture between UK insurance giant Prudential and its South African counterpart Discovery. Under the terms of the deal the two insurers each own a 50 per cent stake in PruProtect, a new company established to write UK life assurance business. As part of the new […]
Bingham McCutchen has secured a high-profile mandate advising the creditors of Northern Rock on protecting their interests throughout the bank’s crisis. Bingham’s team, which is led by restructuring partner Barry Russell, is advising a group of bondholders that hold the bank’s tier 2 debt. Russell is well placed to handle the job: in 2004 The […]
Nabarro has strengthened its dispute resolution team having recruited two partners from Howrey. Peter Fitzpatrick and George Maling were both partners in the litigation team at Howrey. Fitzpatrick specialises in international arbitration and litigation and has particular expertise in aviation, banking, oil and gas and healthcare. Maling also specialises in international arbitration and litigation and […]
Controversial cricket umpire Darrell Hair’s race discrimination claims against the International Cricket Council (ICC) will be heard in the London Central Employment Tribunal on Monday (1 October). Hair is the Australian umpire who unleashed a firestorm last year when he accused the Pakistani team of ball-tampering during the fourth day of the fourth test match […]
Beachcroft has bolstered its public law group with a key hire from NHS regulator, Monitor. Sarah Jerebine, former in-house counsel at Monitor, will join the firm’s London office as an associate. Beachcrofts head of public law, Stephen Hocking, said: “We are hoping to expand the time during the next year. It’s fantastic that we have […]
The lack of consumers named in Which?’s landmark representative action is not due to consumer apathy, according to lawyers on the case. Clyde & Co is advising the consumer group on its action, which involves suing retailer JJB Sports on behalf of people who bought overpriced replica England and Manchester United FC football shirts between […]
The Ministry of Justice (MoJ) today (28 September) confirmed that Fountain Court barrister Nicholas Stadlen QC is to join the High Court bench. Stadlen, who was called to the bar in 1976 and took silk in 1991, has been assigned to the Queen’s Bench Division by the Lord Chief Justice. The big-hitting silk is the […]
Manchester-based Pannone has raided the Leeds office of Watson Burton, poaching its banking head Andrew Gosnay. Gosnay, who launched Watson Burton’s Leeds office in 2004, leaves after senior partner Andrew Hoyle was ousted by the firm last year following opposition to his expansion plans. Earlier this year (26 June) The Lawyer reported on Watson Burton’s […]
Eversheds_office.jpg” alt=”Eversheds hit with second negligence claim” />Eversheds is heading for an £850,000 High Court showdown after being sued by two of its former clients in a negligence claim. The news comes after the firm was hit by a £20m lawsuit by Nationwide Building Society after the financial lender found itself the victim of a […]
Representative action from consumer group Which? for wronged football-shirt customers has only signed up 130 individuals, The Lawyer understands. Consumer group Which?’s landmark representative action that promised to seek redress for “hundreds of thousands” of wronged football-shirt customers has only signed up 130 individuals, The Lawyer understands. The on-going case sees Which? sue retailer JJB […]