Clifford Chance receives £50,000 SDT fine for 'unlawful' conditional fee agreement in Excalibur case

CC partner Alex Panayides also fined £50,000 for role in controversial case

Clifford Chance (CC) has been fined £50,000 by the Solicitors Disciplinary Tribunal (SDT) for its role in the controversial Excalibur case.

CC admitted that it “conducted litigation in the High Court under a conditional fee agreement… which was unlawful and unenforceable”.

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