Cardiff City FC files claim against football agent Cardiff City Football Club has filed a part 8 claim against football agent Willie McKay, in connection with the transfer and tragic death of striker Emiliano Sala. McKay, along with his son, was one of the intermediaries involved in Sala’s 2019 transfer from FC Nantes to Cardiff […]
A £110m shareholder group action, brought against security giant G4S by investors seeking to claim losses incurred after a drop in its share price, has been discontinued prior to trial. The past decade has seen an increasing number of shareholder group actions brought against the likes of RBS and Tesco under Section 90A of the […]
Meta class action returns for second bite of the cherry After being told to go away and try again in February last year, class action representative Dr Liza Gormsen is back with her attempt to bring a class action against the Herbert Smith Freehills’ defended Meta. The claim, which is brought by Quinn Emanuel on […]
Ashurst has an ambitious plan for its disputes practice. “There’s an opportunity to increase the size of our team and make a real impact on the market. We’ve got a strategic plan to do that,” Tom Connor, Ashurst’s co-division head of disputes, investigations and advisory, tells The Lawyer. Over the last financial year, Ashurst’s global […]
Cardiff City FC files claim against football agent Cardiff City Football Club has filed a part 8 claim against football agent Willie McKay, in connection with the transfer and tragic death of striker Emiliano Sala. McKay, along with his son, was one of the intermediaries involved in Sala’s 2019 transfer from FC Nantes to Cardiff […]
A £110m shareholder group action, brought against security giant G4S by investors seeking to claim losses incurred after a drop in its share price, has been discontinued prior to trial. The past decade has seen an increasing number of shareholder group actions brought against the likes of RBS and Tesco under Section 90A of the […]
Meta class action returns for second bite of the cherry After being told to go away and try again in February last year, class action representative Dr Liza Gormsen is back with her attempt to bring a class action against the Herbert Smith Freehills’ defended Meta. The claim, which is brought by Quinn Emanuel on […]
Ashurst has an ambitious plan for its disputes practice. “There’s an opportunity to increase the size of our team and make a real impact on the market. We’ve got a strategic plan to do that,” Tom Connor, Ashurst’s co-division head of disputes, investigations and advisory, tells The Lawyer. Over the last financial year, Ashurst’s global […]
Russian state-controlled pipeline operator Transneft has had a notification injunction made against it to prevent it from dissipating assets in the latest update to the $13.8bn lawsuit filed by jailed Russian businessman Ziyavudin Magomedov against 22 defendants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more […]
Does anyone need any confirmation of the gradual takeover of the City by rampaging US law firms? No, thought not. If, however, your answer is yes, then more evidence of the Americanisation of London can be found in the upcoming edition of the UK Corporate 50. Much of the focus in this year’s report is […]
Mexico is set to welcome thousands of lawyers later this year when the capital city plays host to the International Bar Association’s (IBA) showpiece event. Partners and support staff will mingle from dawn until way after dusk, discuss strategies and scan way off into the horizon. However, Mexico’s been high on the interest list for […]
At times, Clyde & Co appeared dangerously close to squandering the growth opportunities presented by its July 2022 acquisition of BLM. The firm’s most recent financials, however, suggest BLM was the fuel Clydes needed to grow in the UK. Not that it has been without casualties, with a significant proportion of former BLM partners having […]
The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]
When Stephenson Harwood chief executive Eifion Morris set a target for doubling revenue to £400m by 2027, he knew it would be a tough challenge. “A profitable growth strategy will probably take more than individual lateral joiners and internal promotions to achieve,” he told The Lawyer back in 2021. This protective view came as the […]
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition, we look at how CMS zoomed past Dentons in the Polish lawyer headcount stakes; why you might have to get used to the idea of three firms with ‘Snellman’ in their name; and […]
Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]
For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]
Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]