The Libyan Investment Authority (LIA) represented by Enyo Law, has settled its longstanding dispute against Herbert Smith Freehills (HSF) client Societe Generale (SocGen) and Mishcon de Reya client Walid Giamhi.
The Bar Standards Board (BSB) has published a 10-page consultation paper to consider views about lowering the standard of proof for prosecuting barristers accused of professional misconduct.
A host of City firms are lining up for a $1bn claim being brought against a set of financial institutions accused of co-operatively manipulating the Libor rate.
National law firm Weightmans has tripled its fixed share member promotions since last year, while Kingsley Napley has also announced its promotions, with women now making up half of the firm’s 52 partners.
HSBC’s head of legal for worldwide operations and deputy general counsel (GC), Richard Given, has left the bank to join fintech startup 10x Banking as GC and company secretary. He is replaced internally by associate general counsel Stephen Cooke.
Simmons & Simmons and Bird & Bird have both announced their partnership promotion rounds for 2017, with both firms seeing an overall increase in numbers over last year’s figures.
A court battle between Herbert Smith Freehills (HSF) and eight of the firm’s former partners who quit to join White & Case has ended, with HSF reaching a settlement with the departing group.
Alternative Business Structure (ABS) Knights has recorded 64% growth in turnover in the last year to achieve £33.5m in revenue.
A significant portion of the Royal Bank of Scotland (RBS) investors represented by Signature Litigation in the ongoing £4bn rights issue battle have settled their claims, while a remaining 60% of the firm’s claimants, including 27,000 retail investors, are pushing forward for trial on 3 May.
Forsters has weathered a slowdown in the real estate market to record 9% revenue growth, although the result brings to an end six consecutive years of double-digit increases.
