The Republic of Mozambique’s total bill in the ongoing tuna bonds litigation has reached just under £50m, The Lawyer understands, with the bulk being picked up by Peters & Peters and its instructed barristers. London boutique Peters & Peters brought proceedings on behalf of the south-east African nation in early 2019 over sovereign guarantees costing […]
Welcome back after three months of court recess for the summer. While the courts were on a break for the summer, there were still claims filed to the system. Here were some of the notable cases. Eversheds sued by Uni over student digs contracts The University For The Creative Arts called on Farrer & Co […]
The long running tuna bonds litigation is set to continue, despite a last-minute settlement between the Republic of Mozambique and Credit Suisse. The two parties reached a deal over the weekend, just before a three-month trial was due to commence in London’s Commercial Court on Monday morning. According to a statement from Credit Suisse’s new […]
At the eleventh hour, ATM network operator Euronet has settled its dispute with Visa, leaving the trial with remaining defendant Mastercard adjourned for two weeks. One of The Lawyer’s Top 20 cases of 2023, Euronet operates ATM networks in countries including the Czech Republic, Greece and Poland. It had alleged that Mastercard and Visa’s rules […]
The Republic of Mozambique’s total bill in the ongoing tuna bonds litigation has reached just under £50m, The Lawyer understands, with the bulk being picked up by Peters & Peters and its instructed barristers. London boutique Peters & Peters brought proceedings on behalf of the south-east African nation in early 2019 over sovereign guarantees costing […]
Welcome back after three months of court recess for the summer. While the courts were on a break for the summer, there were still claims filed to the system. Here were some of the notable cases. Eversheds sued by Uni over student digs contracts The University For The Creative Arts called on Farrer & Co […]
The long running tuna bonds litigation is set to continue, despite a last-minute settlement between the Republic of Mozambique and Credit Suisse. The two parties reached a deal over the weekend, just before a three-month trial was due to commence in London’s Commercial Court on Monday morning. According to a statement from Credit Suisse’s new […]
At the eleventh hour, ATM network operator Euronet has settled its dispute with Visa, leaving the trial with remaining defendant Mastercard adjourned for two weeks. One of The Lawyer’s Top 20 cases of 2023, Euronet operates ATM networks in countries including the Czech Republic, Greece and Poland. It had alleged that Mastercard and Visa’s rules […]
After the long summer break, the courts re-open for the Michaelmas term. October looks set to be one of 2023’s busiest months, as both the High Court and Competition Appeal Tribunal play host to a huge number of bumper trials. Seven of The Lawyer’s Top 20 cases of 2023 are in action this month. Brick Court takes the crown […]
Last week’s move of Cahill leveraged finance partner Jonathan Brownson along with two of his colleagues to Latham & Watkins highlights an issue facing several US 50 firms: How to grow. Helpfully, possibly even serendipitously, it comes courtesy of a firm that isn’t even in the US 50. And therein lies the point. Cahill at […]
Danish firm Accura posted its financials last week and in doing so two significant milestones were passed. Firstly, Accura posted a psychologically important 10-digit revenue figure in Danish Kroner for the first time to slightly above 1bn kr (£114.5m) (2022: 863.8m kr (£98.9m)). Secondly, for the first time in Danish legal history all five major […]
Deloitte Legal likes to make a lot of noise about its dabbling in the legal sphere. The 2020 acquisition of Kemp Little was proclaimed as “ground-breaking” by the auditing giant. More recently, the 2023 hire of a four-partner real estate team from Shoosmiths suggested a significant gearshift in its legal operations. Pre-pandemic, such a move […]
Any firm that has occupied the national scene will know that the multiple office network can be politically charged. Management might talk about ‘one firm, one culture’, but most lawyers are aware of a pecking order with London in lead position. The annual promotions season provides a snapshot of how firms are prioritising those networks, […]
Journalists aren’t natural champions of PRs, but sometimes we sympathise. Cleaning up the mess of lawyers behaving badly. Calming down those who haven’t been ranked in the latest directory release. Trying to pitch tedious not-quite-scholarly articles to uninterested reporters. Getting asked ‘can we just have a leaflet?’ by people who don’t comprehend the breadth of […]
Travers Smith is spinning out its artificial intelligence (AI) division into a separate entity, enabling products to be sold to external companies. Known as Jylo, it will operate independently from the firm, led by Travers’ director of legal technology Shawn Curran as its CEO. Curran is moving his team into new digs in Shoreditch. At […]
Eversheds Sutherland is set to close in Berlin after a thorough review of its German business. Berlin is a relatively small office for Eversheds, housing 14 lawyers and business services staff in total. Of those, two are partners in Carsten Brüninghaus (tax) and Christian Hilpert (restructuring, and banking and finance). Hilpert is not a full-time […]
Mishcon de Reya’s head of international arbitration, Louis Flannery KC, is set to move to Littleton Chambers in August 2024. Flannery, who was appointed as a silk in 2018 as one of a few international arbitration solicitor practitioners, joined Mishcon’s partnership in May 2020. At the time of his joining, the practice was led by […]
As UK law firms continue to review their family support packages for staff, CMS has introduced a foster care policy for its UK employees and widened its family support initiatives. The policy offers up to 10 days’ leave for planned permanent placements to help children settle into their new homes and up to five days’ […]
Clifford Chance and Slaughter and May are among the firms to have been appointed to a new legal roster announced by Government-owned British Business Bank, which provides support to small businesses. Clifford Chance and Slaughter and May have made the list on the specific structured finance panel, alongside Ashurst, Norton Rose Fulbright and Simmons and […]
