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International Edition

Herbert Smith sets precedent with success of retail rescue

In the same week that figures from the Insolvency Service revealed company administrations grew by more than 50% during the first three months of 2009 compared to the previous year, the rescue of troubled sports retailer JJB Sports offered a glimmer of hope for companies in difficulty.
3 minute read

International Edition

Proffitt and loss

Thacher Proffitt & Wood real estate partner Donald Simone was at his desk on the 40th floor of the World Trade Center's south tower early on 11 September, 2001, pushing to close a deal, when United Airlines Flight 175 crashed into the building about three dozen floors above."When it hit, my whole office moved," Simone recalls. With the electricity off and ceiling tiles falling, he made his way to a stairwell and then to safety.
16 minute read

International Edition

Crisis management Q&A - Radford Goodman

Companies need to act now to ensure they are prepared in the event of a trading partner becoming insolvent, warns Norton Rose litigation partner Radford Goodman.
1 minute read

International Edition

- The post-Lehman landscape: a Legal Week Wiki special

The dramatic collapse of investment banking giant Lehman Brothers rocked financial markets around the world, as the credit crunch claimed its most high-profile victim to date. The days that followed saw a flurry of action as the financial world scrambled to make sense of events. Here's how Legal Week reported the post-Lehman fallout.
7 minute read

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