Freshfields Bruckhaus Deringer has brought to an end a lawsuit brought against the firm by the liquidator of the insolvent Maple Bank with a €50m settlement payment.
The settlement came to light on Thursday (29 August) at a creditors’ meeting when the liquidator, Michael Frege of CMS, said he had recovered €50m for creditors to settle a €95m claim against the Magic Circle firm brought in April.
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