Issues

Singapore sees record-breaking numbers of arbitration cases

The Singapore International Arbitration Centre (SIAC) has reported a 22 per cent increase in the number of new cases filed in 2015, reaching a new record of 271 cases. In 2015, SIAC received 271 new cases from parties from 55 jurisdictions, marking a 22 per cent jump from 222 new cases filed in 2014. A […]

dollars
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HSF cashes in on seven-year Nortel bankruptcy with $400m fees

Herbert Smith Freehills (HSF) has earned almost $400m (£283m) in fees for its work on the ongoing administration of Canadian telecoms giant Nortel Networks, an administrators’ report has found. The firm is the largest sole recipient of the total $1.689bn (£1.2bn) paid out by bankrupt Nortel Networks to lawyers and administrators worldwide over the course […]

One Essex Court picks up banking silk duo from 3VB

One Essex Court has taken heavyweight commercial banking silks Adrian Beltrami QC and Sonia Tolaney QC from 3 Verulam Buildings (3VB). The duo will be joined by juniors James MacDonald and Sandy Phipps. The hires come just weeks after The Lawyer revealed Freshfields Bruckhaus Deringer disputes veteran Ian Terry would be joining the set. One […]

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KWM to cut 15% of UK, Europe and ME partnership in strategic review

King & Wood Mallesons (KWM) will cut 15 per cent of its partnership in the UK, Europe and Middle East (EUME) as part of a “strategic restructure” of its operations in the region. The restructure, which will see 23 partners leaving the firm, will predominantly affect partners in London and Germany although it will result […]