A raft of heavyweight litigators are in the Court of Appeal this week, as Hogan Lovells battle a High Court decision to unfreeze the assets of two Ukrainian oligarchs. Pinsent Masons, Fieldfisher and Enyo have been handed the mandate for the oligarchs, as the firms defend the former owners of PrivatBank, Gennadiy Bogolyubov and Igor […]
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 […]
The State of Qatar has called on Macfarlanes to bring one of the most eagerly anticipated banking disputes of 2019 against Reed Smith client Banque Havilland. Qatar is understood to have filed three claims against multiple banks – two in New York, one in London – with the High Court claim against the Luxembourg-based Banque […]
A slew of big-name firms have been handed mandates by major banks as they defend UK claims related to forex rigging after the last financial crash. The Lawyer has learned that Allen & Overy, Slaughter and May, Norton Rose Fulbright, Macfarlanes, Latham & Watkins and Gibson Dunn & Crutcher have been handed instructions from banks […]
A raft of heavyweight litigators are in the Court of Appeal this week, as Hogan Lovells battle a High Court decision to unfreeze the assets of two Ukrainian oligarchs. Pinsent Masons, Fieldfisher and Enyo have been handed the mandate for the oligarchs, as the firms defend the former owners of PrivatBank, Gennadiy Bogolyubov and Igor […]
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 […]
The State of Qatar has called on Macfarlanes to bring one of the most eagerly anticipated banking disputes of 2019 against Reed Smith client Banque Havilland. Qatar is understood to have filed three claims against multiple banks – two in New York, one in London – with the High Court claim against the Luxembourg-based Banque […]
A slew of big-name firms have been handed mandates by major banks as they defend UK claims related to forex rigging after the last financial crash. The Lawyer has learned that Allen & Overy, Slaughter and May, Norton Rose Fulbright, Macfarlanes, Latham & Watkins and Gibson Dunn & Crutcher have been handed instructions from banks […]
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]
Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]
Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]
The ex-general counsel of Haleon has announced that he has joined energy and chemicals business Aramco, which is based in Saudi Arabia. Bjarne Tellman was hired by GSK four years ago to prepare the company for the creation of Haleon, one of the UK’s largest corporate demergers in 20 years. The purpose of the demerger […]
