The High Court has awarded Thai businessman Nopporn Suppipat more than $850m in compensation after his companies were sold when he went into exile. Suppipat claimed that prominent businessman and Wind Energy Holding (WEH) former manager Nop Narongdej, several individuals, entities and the Siam Commercial Bank had all committed fraud. WEH was founded in 2009 […]
In the last week of judgments this side of summer, the Court of Appeal upheld nominal damages in a libel case after a claimant was found to have lied, a class action was allowed to proceed on an opt-out basis, and Ocado claimed victory in an out-of-court settlement, suspending patent litigation. Exaggerating defamation may see […]
The Supreme Court sent shock waves through the litigation market this week, with its ruling in a DAF Trucks appeal causing plenty of uncertainty for lawyers and funders. The Court ruled that the claimants’ litigation funding agreements (LFAs), which are very similar to many in the market, are damages-based agreements (DBAs), even though funders had […]
Hello and welcome to the last edition of The Hearing before the summer break. As is always the way in the last full week of the courts’ Trinity Term, we’ve seen several significant judgments published this week as judges rush to hand in their homework before the holidays. On Monday the High Court threw out […]
The High Court has awarded Thai businessman Nopporn Suppipat more than $850m in compensation after his companies were sold when he went into exile. Suppipat claimed that prominent businessman and Wind Energy Holding (WEH) former manager Nop Narongdej, several individuals, entities and the Siam Commercial Bank had all committed fraud. WEH was founded in 2009 […]
In the last week of judgments this side of summer, the Court of Appeal upheld nominal damages in a libel case after a claimant was found to have lied, a class action was allowed to proceed on an opt-out basis, and Ocado claimed victory in an out-of-court settlement, suspending patent litigation. Exaggerating defamation may see […]
The Supreme Court sent shock waves through the litigation market this week, with its ruling in a DAF Trucks appeal causing plenty of uncertainty for lawyers and funders. The Court ruled that the claimants’ litigation funding agreements (LFAs), which are very similar to many in the market, are damages-based agreements (DBAs), even though funders had […]
Hello and welcome to the last edition of The Hearing before the summer break. As is always the way in the last full week of the courts’ Trinity Term, we’ve seen several significant judgments published this week as judges rush to hand in their homework before the holidays. On Monday the High Court threw out […]
Pinsents questioned over professional negligence Pinsent Masons has been hit with a lawsuit by Gloucestershire investment management company Blackfinch Group and Kuwait supply chain services firm Agility. The two organisations have teamed up to issue a professional negligence claim against the law firm. Pinsents has called on Reynolds Porter Chamberlain (RPC) for its defence, while […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
It’s a 90-minute train journey to London and two hours from Bristol. At £29 per sq ft, grade A office rents are a third of the average £90 per sq ft City firms pay. And it has an abundance of lawyers. Slowly but steadily, Southampton is slipping into the mid-tier consciousness as a city in […]
Talk of associates losing faith in the partnership track is nowhere to be seen at Addleshaw Goddard, which recently unveiled its largest round to date. The partnership count is currently running at 429 – up 75 per cent from the 245 it housed back in 2019. Those promotions show a firm that is bullish about […]
1 May is a big day for many in the legal industry, not just the thousands of people at Allen & Overy and Shearman who have now combined officially. Scores of lawyers become partners today after a wave of promotions, meaning that also – in the great circle of life – plenty of veterans are […]
A senior member of Travers Smith’s corporate group has left for Linklaters, after a string of departures from both firms. Richard Spedding has left the firm for Linklaters after 25 years at Travers, making partner in 2003. Working in M&A and equity capital markets, Spedding was also an associate at Freshfields Bruckhaus Deringer for five […]
NatWest’s general counsel – and Linklaters’ former managing partner – Gideon Moore has left the bank after two years, making way for a new chief. Moore has been replaced by NatWest’s litigation general counsel Will Luker. He has worked at the bank since 2003, became litigation general counsel in 2010 and subsequently managed and integrated […]
Orrick Herrington & Sutcliffe has drafted in the former M&A head of Shearman & Sterling’s Italian associate firm to rebuild its transactional capacity in the country. Fabio Fauceglia joins the firm from Studio Legale Associato Shearman & Sterling, bringing with him a team of six lawyers, comprising of counsel Leonardo Pinta and five associates. Fauceglia […]
Clifford Chance has hired a structured finance partner from A&O Shearman after the two firms’ merger last week. Daniel Shurman joins Clifford Chance in London from legacy Allen & Overy, becoming a partner in its derivatives and structured products practice. Emma Matebalavu, global head of financial markets, commented: “Daniel’s appointment is a testament to our commitment to […]
Trainees at Freshfields Bruckhaus Deringer and Slaughter and May are among the least likely to use LinkedIn, according to data provided to The Lawyer. Research conducted by TBD Marketing has ranked leading law firms according to how often its trainees use their LinkedIn profiles to write posts ranging from quick career milestones updates to long […]
