London boutique Edwin Coe and U.S. giant White & Case are leading the way as shareholders of Northern Rock gear up to battle the British government’s controversial plan to nationalize the troubled bank.
Both firms have sent “letters before action” to the Treasury on behalf of their clients — the UK Shareholders Association (UKSA) and hedge fund SRM Global respectively — and will claim that the government’s decision to nationalize Northern Rock violated their clients’ human rights under the terms of the European Convention.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
