Mayer Brown client UBS has appeal quashed in KWL derivatives case

Banking giant UBS has had an appeal against German water company Kommunale Wasserwerke Leipzig (KWL) thrown out by the High Court over payments linked to derivatives deals.

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Ropes promotes two in London despite partner exits

Ropes & Gray has promoted two lawyers in London for the third year in a row, despite a string of partner exits from its London office.

The US firm has announced a global promotions round of 12 this year, compared to 2016’s total of 11.

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