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Weil Gotshal secures key client payouts in MF Global case

Weil Gotshal & Manges and KPMG have reached a groundbreaking agreement in the MF Global administration that will see money returned to clients without the need for a court order. Weil Gotshal is advising administrator KPMG on the high-profile insol...

10 Feb 2012 | 00:00

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inner image Dealmaker: Ian Terry

Freshfields litigator Ian Terry reflects on the joys of Leeds Crown Court and his ice-skating aspirations

10 Feb 2012 | 00:00 | secure

inner image Government drops plans to protect civil claimants from paying costs

The Government has dropped plans to extend incoming access to justice provisions beyond personal injury (PI) as the debate over the implementation of the Jackson reforms to civil litigation costs continues. The Government earlier this month confirm...

09 Feb 2012 | 14:09

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Bakers secures Spanish coup with hire of former Garrigues managing partner

Baker & McKenzie has bolstered its Spanish practice with the hire of former Garrigues managing partner Jose Maria Alonso Puig, reports The Am Law Daily. Senior arbitrator Alonso, who spent nine years as managing partner of the 2,000-lawyer Spanish ...

08 Feb 2012 | 00:00

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Private equity house takes majority Parabis stake in law firm LBO first

Private equity house Duke Street has acquired a majority stake in the Parabis Group, the parent company of insurance litigation law firms Plexus Law and Cogent Law. The deal, which values Parabis between £150m and £200m, is subject to approval fr...

06 Feb 2012 | 09:40 | 1 comment

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Hogan Lovells set to name London litigator as sole chairman

Hogan Lovells has put forward London real estate litigation chief Nicholas Cheffings as the firm’s new sole chair, with the appointment set to be confirmed by a partnership vote next week. Cheffings, currently the London representative on the fir...

03 Feb 2012 | 00:00

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Funds for feuds - litigation funding in Jersey

The Valetta Trust litigation has paved the way for the use of litigation funding in Jersey for the first time. Bedell Cristin’s Lisa Springate and Robert Gardner report

03 Feb 2012 | 00:00 | secure

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Market liberalisation leads to a romance between funders and the BVI and Cayman

Harney’s Ian Mann assesses the growing scope for litigation funders to back disputes in offshore jurisdictions

03 Feb 2012 | 00:00 | secure

Court of Appeal rules fixed share partners are not employees

The Court of Appeal has upheld an Employment Appeal Tribunal (EAT) ruling that fixed share partners are not employees and, as such, are not eligible to claim for unfair dismissal.

02 Feb 2012 | 16:43 | 2 comments

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'No win, no fee' litigation reforms pushed back by six months

The implementation of Lord Justice Jackson's reforms of 'no win, no fee' conditional fee arrangements (CFAs) has been pushed back for six months until April 2013. The Ministry of Justice (MoJ) announced the delay earlier this week (30 January), wit...

01 Feb 2012 | 16:22

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Slaughters takes MF Global dispute role; court docs reveal hourly rates

Slaughter and May has been called in to advise on a multimillion-dollar dispute relating to the high-profile liquidation of US broker MF Global. An application by MF Global's trustee, James Giddens, to retain Slaughters as UK counsel was made in th...

31 Jan 2012 | 11:25

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Former CC partner returns to firm as co-head of international arbitration

Clifford Chance (CC) has rehired Jason Fry, the secretary general of the International Chamber of Commerce (ICC) International Court of Arbitration, as co-head of its international arbitration group in a double hire from the court. Fry, who will co...

31 Jan 2012 | 09:03

Court strikes out part of £10m negligence claim against Pinsents

Pinsent Masons has successfully won part of its bid to overturn a £10m negligence claim brought against the firm by former client, Shepherd Construction. The firm applied to strike out parts of Shepherd’s claim relating to the firm’s advice, with...

27 Jan 2012 | 15:52

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Herbert Smith and Irwin Mitchell advise on Costa Concordia cruise disaster

Herbert Smith and Irwin Mitchell are among a growing list of firms picking up advisory roles stemming from the Costa Concordia cruise ship disaster earlier this month (13 January) which has left 13 dead and around 20 more missing. Herbert Smith is adv...

23 Jan 2012 | 12:13 | 1 comment

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Links and Olswang among line-up in court for phone-hacking payouts

Linklaters, Olswang and 11 South Square have all taken roles for News Group Newspapers (NGN) on at least 20 phone-hacking cases settled today (19 January), as signs of a resolution to the ongoing scandal begin to emerge. Linklaters litigation partn...

19 Jan 2012 | 14:44

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