Welcome to The Hearing, your weekly insider’s guide to the UK litigation market. This week, a litigation funding special. After the UK Government announced (again) its intention to overturn the Supreme Court’s July decision on litigation funding in PACCAR, we look at why funders are not totally thrilled about the announcement. Plus, why are some […]
Taylor Wessing files debt claim Southend United was hit with a new winding-up petition on 23 February, signalling continued financial trouble for the club. Then last week, Martin Dawn PLC, the company that owns a majority stake under chairman Ron Martin, was served with a part 7 debt claim from Taylor Wessing. This was filed […]
Virgin in Court of Appeal over Alaska Airlines dispute Alaska Airlines is back in the Court of Appeal with Virgin Group this Wednesday (6 March) to dispute its continued payment of trademark royalties. After the US’ fifth largest domestic carrier, Alaska Airlines, took over Virgin America in 2016, it acquired the rights to use its […]
As revealed exclusively by The Lawyer, Freshfields Bruckhaus Deringer has the most defence side mandates in Competition Appeal Tribunal (CAT) amid a booming class actions market. We laser in on the team on call. The market: The interchange fee collective action, brought by class representative Walter Merricks on behalf of 45.5 million UK Mastercard customers, is […]
Welcome to The Hearing, your weekly insider’s guide to the UK litigation market. This week, a litigation funding special. After the UK Government announced (again) its intention to overturn the Supreme Court’s July decision on litigation funding in PACCAR, we look at why funders are not totally thrilled about the announcement. Plus, why are some […]
Taylor Wessing files debt claim Southend United was hit with a new winding-up petition on 23 February, signalling continued financial trouble for the club. Then last week, Martin Dawn PLC, the company that owns a majority stake under chairman Ron Martin, was served with a part 7 debt claim from Taylor Wessing. This was filed […]
Virgin in Court of Appeal over Alaska Airlines dispute Alaska Airlines is back in the Court of Appeal with Virgin Group this Wednesday (6 March) to dispute its continued payment of trademark royalties. After the US’ fifth largest domestic carrier, Alaska Airlines, took over Virgin America in 2016, it acquired the rights to use its […]
As revealed exclusively by The Lawyer, Freshfields Bruckhaus Deringer has the most defence side mandates in Competition Appeal Tribunal (CAT) amid a booming class actions market. We laser in on the team on call. The market: The interchange fee collective action, brought by class representative Walter Merricks on behalf of 45.5 million UK Mastercard customers, is […]
Welcome to this week’s edition of The Hearing, your weekly insider’s guide to what’s going on in the UK litigation market. This week, we bring you just the one story. A judgment in the Merricks v Mastercard case was released on Monday, with subsequent separate but similar statements being issued by Freshfields and its client […]
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 […]
