In November the long-running Excalibur litigation came to a head as London’s Court of Appeal (CoA) found the third-party funders who bankrolled the case liable for the successful defendants’ £20m indemnity costs. The dispute stems from the original litigation in 2013, a $1.6bn energy battle brought by Excalibur Ventures against Gulf Keystone Petroleum and Texas …
Continue reading “Excalibur judgment leaves dispute funders with £20m bill”
The long running saga that is the £4bn shareholder group action against the Royal Bank of Scotland (RBS) has reached a decisive stage, as claimants represented by Quinn Emanuel Urquhart & Sullivan, Stewarts Law and Mishcon de Reya have settled their case while thousands of claimants represented by Signature Litigation will press ahead for trial …
Cyber incidents, data privacy, rising regulation, litigation funding, and shareholder activism are putting corporate leaders under more pressure than ever to fall foul of investigations and prosecutions over alleged wrongdoing, a new report has found.
Magic Circle firms Allen & Overy (A&O) and Clifford Chance (CC) have stepped up to match bonus levels rewarded by leading Wall Street firms.
The second LB 100 firm to announce a move into Northern Ireland this week, national firm Shoosmiths has confirmed plans to merge with Belfast firm, McManus Kearney.
Standard Chartered has recruited a top lawyer from Barclays’ legal team, with regulatory lawyer Chris Allen set to join the investment bank as its new general counsel (GC) for clients and products.
Australia-listed Slater and Gordon (S&G) is pressing ahead in its battle to recover some of the money it paid for Quindell’s professional services division last year, after an independent barrister declared the claim has merit.
Dentons has emerged as a potential suitor to save the beleaguered European arm of King & Wood Mallesons (KWM), Legal Business can reveal, with management at both firms understood to be in merger discussions.
King & Wood Mallesons‘ head of litigation Craig Pollack is in talks to move to US firm Covington & Burling.
Mishcon de Reya has seen a partner exit from its ranks, as it has emerged that employment lawyer Helen Croft has joined communications agency, Mission Media, as its chief operating officer and general counsel (GC).
