Defunct Icelandic bank Kaupthing will today (9 June) issue a jurisdictional challenge to the High Court to have Vincent Tchenguiz’ £2.2bn claim against it heard in Iceland. The two-day application will be heard by Mrs Justice Carr after Mr Justice Eder, who heard earlier stages in the ongoing Tchenguiz disputes, took early retirement from the […]
Dentons client Royal Bank of Scotland (RBS) has been ordered to hand over privileged documents relating to its negotiations with the Financial Conduct Authority (FCA) over its fine for Libor manipulation as part of a lawsuit by Cooke Young & Keidan client Property Alliance Group (PAG). Mr Justice Birss ruled on Monday (8 June) the […]
Allen & Overy (A&O) and Dechert have joined the Human Dignity Trust’s (HDT) panel of legal experts, providing pro bono expertise to its local partners who are challenging the criminalisation of homosexuality in courts. A&O and Dechert have joined a panel of 20 firms who provide legal advice to the Human Dignity Trust, with the […]
Leigh Day is in the early stages of gathering clients for a potential £42m group action against Foxtons after starting legal proceedings against the estate agent for its client, landlord Chris Townley. Townley, who was previously a lawyer at Clifford Chance, will likely become the first claimant in the group claim that alleges Foxtons charged […]
DLA Piper is set to launch a flexible working venture similar to Allen & Overy’s (A&O) Peerpoint, which will be the firm’s first entry into the contract lawyer market. The new venture will see DLA employ its alumni at reduced hours than previous contracts allowed. Similarities can be drawn with A&O’s Peerpoint service which launched in […]
Withers has launched in Japan with a tax practice in Tokyo, which will operate as Withers Japan, Zeirishi Houjin. The new practice was set up with the hire of a tax team from Morrison & Foerster’s (MoFo) Tokyo office, including lead partner Eric Roose and corporate tax advisers Chizuko Tomita and Takeo Mizutani. All three […]
Milbank Tweed Hadley & McCloy, Paul Hastings and Weil Gotshal & Manges have all advised on the two and half-year long restructuring of the General Healthcare Group (GHG). GHG owns BMI Healthcare, which is one of the UK’s largest private hospital groups. Capita Asset Services acted as the servicer in the transaction, responsible for negotiating […]
Maravela & Co managing partner Gelu Maravela co-managing partner Alina Popescu were invited by the reputed legal platform BizLawyer to share their opinions on continuous education in the legal profession.
Freshfields Bruckhaus Deringer and Mayer Brown have taken the lead on the sale of holiday company Center Parcs to Canadian property group Brookfield for around £2.5bn. Freshfields advised the company’s former owners Blackstone on the sale and acted for Center Parcs on a recent £490m refinancing. Meanwhile Mayer Brown represented Brookfield on the deal, with […]
Weightmans is set to expand into Leeds after announcing formal merger negotiations with local firm Ford & Warren, bringing turnover close to the £100m mark. The merger means that Weightmans will add an office in Leeds to its current list of eight UK locations, after the deal is completed in July. The firm will continue […]
No5 Chambers has been chosen as joint winners of the Spinal Injuries Association Torch Award for the support the chambers has given to the SIA over the last few years. The award was collected by practice director Tony McDaid and senior practice manager Martin Hulbert on behalf of No5 at the SIA Awards Ceremony, which was […]
Ogier has acted as Cayman Islands counsel to Garuda Indonesia on Garuda Indonesia’s $500m sukuk. The sukuk is the first ever offshore US dollar offering by an Indonesian corporate issuer, and the first sukuk issuance utilising the airline capacity structure (as part of a sukuk-al-wakala structure) in Asia. It is anticipated that Garuda Indonesia will […]