London Metal Exchange back in court over $12bn nickel trade cancellation After the world’s leading centre for trading in industrial metals, the London Metal Exchange, cancelled nickel trades valued up to $12bn following an unexpected price spike in 2022, US hedge fund Elliott Associates brought a judicial review against the LME. The claimants, Elliott Associates […]
This week on Spotlight, we laser in on the mechanics of specialist energy and construction firm Fenwick Elliott. Origin: Robert Fenwick Elliott set up the firm in 1986, coming from legacy Masons. The firm began by doing only domestic contentious construction work but picked up two ICC arbitrations for the Pakistan government in the 1990s, […]
The £70m landmark construction and cladding dispute that featured in The Lawyer’s top 20 cases of 2024 is closing in on a full settlement, The Lawyer can reveal. It is understood that just two parties in the case, which had an extensive list of defendants, still have active claims against them ahead of October’s 11-week […]
Qatari ex-PM hit with new claim According to the public filing system, ex-Prime Minister and Qatari royal Sheikh Hamad Bin Jassim Bin Jaber Al Thani has been hit with a new claim filed on Friday (28 June) in the Commercial Court, brought by a company owned by Northern Irish businessman Paddy McKillen. McKillen’s company, Hume […]
London Metal Exchange back in court over $12bn nickel trade cancellation After the world’s leading centre for trading in industrial metals, the London Metal Exchange, cancelled nickel trades valued up to $12bn following an unexpected price spike in 2022, US hedge fund Elliott Associates brought a judicial review against the LME. The claimants, Elliott Associates […]
This week on Spotlight, we laser in on the mechanics of specialist energy and construction firm Fenwick Elliott. Origin: Robert Fenwick Elliott set up the firm in 1986, coming from legacy Masons. The firm began by doing only domestic contentious construction work but picked up two ICC arbitrations for the Pakistan government in the 1990s, […]
The £70m landmark construction and cladding dispute that featured in The Lawyer’s top 20 cases of 2024 is closing in on a full settlement, The Lawyer can reveal. It is understood that just two parties in the case, which had an extensive list of defendants, still have active claims against them ahead of October’s 11-week […]
Qatari ex-PM hit with new claim According to the public filing system, ex-Prime Minister and Qatari royal Sheikh Hamad Bin Jassim Bin Jaber Al Thani has been hit with a new claim filed on Friday (28 June) in the Commercial Court, brought by a company owned by Northern Irish businessman Paddy McKillen. McKillen’s company, Hume […]
Orange juice cartel squeezes into Court of Appeal Pogust Goodhead is representing 1,600 orange growers, 22 companies and the Brazillian Association of Citrus Growers in a one-day hearing at the Court of Appeal on Tuesday (2 July) in a suit against the estate of Brazil’s “Orange King”, José Luis Cutrale, who died in 2022. The […]
“I’ve seen the future, and it’s porn, sharks and Nazis.” Twitter hadn’t even been founded at the time, but the above quote from the niche 2005 sitcom Bromwell High turned out to be unintendedly prophetic when considering the journey of one of the planet’s largest social media companies. Once ‘the world’s town square’, Twitter, latterly […]
One of Europe’s most enduring rumours is about Simpson Thacher & Bartlett opening in Luxembourg. It is one of the jurisdiction’s key referrers of work for the local Luxembourg players, meaning there is an amount of paranoia among them about what would happen if Simpson Thacher decided to open its own office there. The idea […]
Which is the best personal injury firm in the country? Irwin Mitchell, perhaps? Maybe Leigh Day, or Slater & Gordon? Wrong, wrong, wrong. The answer in fact is Cheshire six-lawyer outfit Gavin Edmondson Solicitors, which according to the website reviewsolicitors.co.uk scores better than almost 2,500 PI firms across the country for its quality. What about […]
Cash piles rose during the pandemic, but the latest year-end shows a turnaround. Across the UK 200, debt levels are increasing, and those precious cash reserves are being eroded by a tide of rising costs. This evidence suggests the trend is most prominent among firms that occupy the mid-tier; these firms are spending big as […]
Who says UK firms are getting left behind in the global legal market? Whoever it is should take a look at the top end of this year’s UK 200, which later this month highlights that for the first time ever, all four magic circle firms have a turnover of more than £2bn (though it’s worth […]
The Stewarts-repped London International Exhibition (ExCel) Centre has successfully seen off an appeal by insurers over its Covid-19 business interruption claim. The case, which was one of The Lawyer’s Top 20 Cases of 2023 and Top 10 Appeals of 2024, concerned whether pandemic lockdowns entitled the Centre to claim £16m under the disease occurring “at […]
A&O Shearman has set out its post-merger integration plans, which includes closing one of its global offices and reducing its partnership by 10 per cent by the end of the financial year. The firm said today that its partnership would reduce within the year following a strategic review of its business post-A&O’s tie-up with Shearman. […]
Dentons and Reed Smith have taken the leading roles on eSky Group’s purchase of travel business Thomas Cook. Dentons private equity partner Nicholas Plant, along with Michał Wasiak, a partner in the firm’s Warsaw office, were at the helm of the team for Polish purchaser eSky. They were supported by corporate associate Alex Macdonald, IP […]
Football law has typically been the domain of sports specialists. However, in recent years, there has been a growing number of large, elite firms and chambers entering the football market. Clifford Chance and Freshfields act for Manchester City, and Slaughter and May and Linklaters represent the Premier League. Latham and Watkins worked on the Chelsea […]
A former Ashurst employee has agreed to the outcome of an investigation by the Solicitors Regulation Authority (SRA), after he was found to have stolen two laptops and sold them. Irfan Malik, an IT service desk analyst, was accused of removing “two laptops from the firm’s IT storeroom without its knowledge or consent”. The SRA […]