Addleshaws and Luther: “Best friends” but no merger
Addleshaw Goddard and German firm Luther are understood to have called off their long-rumoured merger talks after six months of negotiations.
Third party arbitration funding gets green light in Hong Kong
Third party funders operating in Hong Kong are lining up to take on more cases after the government passed a bill that allows third party funding in arbitration.
White & Case associates to follow Youle in team exit
Up to seven White & Case private equity associates are understood to be leaving the firm after the resignation of Richard Youle to Skadden Arps Slate Meagher & Flom.
Therium funds £3.9bn claim over cartel price fixing
Litigation funder Therium Capital Management has funded a £3.9bn compensation claim against a number of European truck manufacturers who were found by the European Commission to have engaged in illegal price fixing for 14 years.
Harcus Sinclair acts in largest European claim over VW emissions scandal
Harcus Sinclair has teamed up with a Dutch foundation to launch legal proceedings against Volkswagen and Bosch in the Netherlands.
HSF loses second energy co-head in seven months
Gibson Dunn & Crutcher has returned to Herbert Smith Freehills (HSF) to hire its first London-based oil and gas partner.
WFW turnover nears £160m mark in 2016/17 financials
Watson Farley & Williams (WFW) has announced its global turnover has risen to just shy of the £160m mark in another year of growth at the firm.
Norton Rose Fulbright votes through Australian merger
Norton Rose Fulbright’s merger with Australian firm Henry Davis York has been given the go-ahead by both partnerships.
BLM to cut 50 more roles after business review
BLM is in the midst of a redundancy consultation as it plans to cut 50 secretarial roles.
Linklaters and Davis Polk win top roles on Body Shop sale
Linklaters is advising longstanding client L’Oréal on its potential sale of The Body Shop for over €1bn.
Pinsent Masons hires three-partner team for Dublin launch
Pinsent Masons is opening in Dublin with a three-partner team, marking its fourth office launch in 18 months.
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SDT clears Leigh Day partners in Iraq War claim
The Solicitors’ Disciplinary Tribunal has dismissed all of the allegations of misconduct against Leigh Day solicitors who were accused of pursuing false claims of torture and murder made by Iraqi civilians against British troops in Iraq.