A claimant that had previously sought funding for a case is refusing to pay their litigation funder the damages they recently received from a successful lawsuit and has launched a High Court claim against two funders, The Lawyer can reveal. The news comes after the Supreme Court ruled last July in PACCAR that many litigation funding […]
Jailed Russian businessman Ziyavudin Magomedov has filed a $13.8bn claim against US private equity giant TPG, ports multinational DP World and a number of Russian state companies. The claim, which alleges that Magomedov’s business empire was manoeuvred into Russian state hands, was launched by litigation boutique Seladore Legal and includes a line-up of barristers from […]
Clifford Chance has tried to distance its French office from a professional negligence claim filed by Société Générale (SocGen). At an application hearing today before Mr Justice Henshaw, both parties argued over jurisdictional issues. Clifford Chance has filed a claim that seeks declaration it was its British business that was instructed for the French bank, […]
Following the explosive news before the courts broke for summer that many litigation funding agreements (LFAs) are now unenforceable, a proposed class representative taking on Apple has failed to finalise a new funding agreement before the case’s certification hearing. Litigation boutique Charles Lyndon filed the class action lawsuit in June 2022 in the Competition Appeal Tribunal (CAT) on […]
A claimant that had previously sought funding for a case is refusing to pay their litigation funder the damages they recently received from a successful lawsuit and has launched a High Court claim against two funders, The Lawyer can reveal. The news comes after the Supreme Court ruled last July in PACCAR that many litigation funding […]
Jailed Russian businessman Ziyavudin Magomedov has filed a $13.8bn claim against US private equity giant TPG, ports multinational DP World and a number of Russian state companies. The claim, which alleges that Magomedov’s business empire was manoeuvred into Russian state hands, was launched by litigation boutique Seladore Legal and includes a line-up of barristers from […]
Clifford Chance has tried to distance its French office from a professional negligence claim filed by Société Générale (SocGen). At an application hearing today before Mr Justice Henshaw, both parties argued over jurisdictional issues. Clifford Chance has filed a claim that seeks declaration it was its British business that was instructed for the French bank, […]
Following the explosive news before the courts broke for summer that many litigation funding agreements (LFAs) are now unenforceable, a proposed class representative taking on Apple has failed to finalise a new funding agreement before the case’s certification hearing. Litigation boutique Charles Lyndon filed the class action lawsuit in June 2022 in the Competition Appeal Tribunal (CAT) on […]
The certification of a class action against Apple has been thrown into doubt by the claimants as Apple has been accused of not fully complying with the terms of a disclosure order. Litigation boutique Charles Lyndon filed the class action lawsuit in June 2022 in the Competition Appeal Tribunal (CAT) on behalf of proposed class representative Justin […]
The scene: A US firm boardroom, somewhere not in New York*. Big Cheese (furiously): ‘We’re not growing fast enough. What have you got?’ Smaller Cheese (panicking): Private equity! That’s the thing! Kirkland! Paul Weiss!’ Big Cheese: ‘Do whatever it takes. And do it now.’ Smaller Cheese: ‘Leave it with me. We’ll hire big in London. […]
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
A capital markets team from Linklaters is taking the lead in the expected London Stock Exchange listing of British single-board computer developer Raspberry Pi. Under the leadership of equities global chair and capital markets partner Jason Manketo, the firm is working with both the Cambridge-headquartered chip maker and its non-profit subsidiary over the process of […]
Bird & Bird has announced it will be opening a new office in Tokyo with the hire of Ashurst partner Hiro Iwamura. The primary purpose of the office will be to support the firm’s Japanese clients in the renewable energy, life sciences and technology space with outbound work across Europe, the Middle East and Asia […]
Goodwin Procter has given its Luxembourg office the early moving-in present of a new partner, hiring European 100 firm AKD’s co-head of investment funds. The US firm is bringing in Virginie Leroy to strengthen its European funds practice. Leroy spent more than four years at AKD, having joined from Canadian firm DSL in March 2020. […]
Litigation boutique Candey has opened an office in the British Virgin Islands (BVI), marking the firm’s crossover into the offshore legal market. The firm is among a handful of firms that practise both BVI law and English law, with several of its lawyers already able to practise there, including partner Lisa Walmisley and BVI legal […]
Womble Bond Dickinson, which defended the Post Office in the high-profile group litigation brought by the sub-postmasters, is in line to receive £178,000 from its former client as it provides evidence to the Horizon inquiry. According to public documents, Womble Bond Dickinson entered into a contract worth £178,000 with the Post Office for the provision […]
