Slaughter and May and Linklaters are among a host of top firms advising as a group of former Barclays bankers set up an offshore company to manage $12.3bn (£7.4bn) of the bank's most toxic debt. In addition to the magic circle duo, Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell and Cadwalader Wickersham & Taft have all won roles in the creation of Protium Finance, a new hedge fund registered in the Cayman Islands.
September 17, 2009 at 07:14 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May and Linklaters are among a host of top firms advising as a group of former Barclays bankers set up an offshore company to manage $12.3bn (£7.4bn) of the bank’s most toxic debt.
In addition to the magic circle duo, Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell and Cadwalader Wickersham & Taft have all won roles in the creation of Protium Finance, a new hedge fund registered in the Cayman Islands.
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