Shearman raids three firms for Houston launch

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Shearman set to follow US rivals with South Korea launch

Shearman & Sterling is edging towards a launch in South Korea with plans to open in Seoul by the end of the year, The Lawyer understands. The US firm is understood to be awaiting regulatory approval to launch in the region, which could take up to several months. The office would be the third to […]

High Court

Taylor Wessing client Grant Thornton to pay damages in negligence dispute

Manchester Building Society (MBS) has been awarded damages of £315,000 after Taylor Wessing client Grant Thornton admitted negligence over the assessment of a non-recoverable financial loss totaling £48.5m. The accountancy firm admitted its negligence from the outset, which Mr Justice Teare took into account when making his judgment in the High Court’s Commercial Court. He said […]

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