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International Edition

When diplomacy fails - the complex legal fallout from imposing sanctions

20 Essex Street's Sara Masters and Penelope Nevill describe the complex use of global sanctions and how they affect business
8 minute read

International Edition

Clydes advises Liverpool FC's former owners on RBS lawsuit

Clyde & Co and 3 Verulam Buildings (3VB) have won roles on the multimillion-pound dispute between Liverpool FC's former owners and RBS. Clydes is advising US businessmen Tom Hicks and George Gillet, who claim that they lost around £140m when they were pushed into the sale of Liverpool FC by RBS in 2010, arguing that the club was sold at a significant undervalue.
2 minute read

International Edition

Herbert Smith set for lead role on multibillion-pound Lloyds lawsuit

Herbert Smith and McGuireWoods are set to take lead roles on a multibillion-pound lawsuit brought against former Lloyds TSB directors for allegedly misleading investors over its merger with Halifax Bank of Scotland (HBOS) in 2008. The case will be launched in the coming weeks, dependent on funding being obtained by the claimants - shareholder group Lloyds Action Now (LAN) - with the action expected to reach trial in the next two years.
2 minute read

International Edition

Office for Judicial Complaints kicks off consultation on discipline of judges

The Office for Judicial Complaints (OJC) has launched a consultation on the handling of complaints and discipline of judges, following the merger of the courts and tribunals service last year. The consultation, which opened last week and will run until 23 May this year, is aiming to gather feedback on creating a more efficient judicial complaints process, after Her Majesty's Courts and Tribunals Service was created in April 2011, bringing the two factions together.
2 minute read

International Edition

Gateway to a resolution - modernising Dubai's business disputes regime

Thanks to a new law, Dubai businesses now have a choice whether to resolve disputes in the Dubai International Financial Centre or the civil courts. Afridi & Angell's Khadija Ali reports
10 minute read

International Edition

Clydes chief awarded honorary QC status alongside 88-strong silk round

The annual round of QC appointments has been announced today (29 February), with Clyde & Co senior partner Michael Payton awarded honorary QC status. Payton, who has been senior partner of Clydes since 1984, has taken the firm through a number of major changes including its merger with legacy Barlow Lyde & Gilbert in November last year. Blackstone Chambers, 7 King's Bench Walk and Doughty Street Chambers are among this year's most successful chambers, with all three housing a trio of newly appointed silks.
7 minute read

International Edition

Kennedys eyes external investment for new litigation venture

Kennedys is considering taking external investment to develop a range of new litigation products, as the firm moves to capitalise on its forthcoming conversion to an alternative business structure (ABS). The firm is currently piloting a web-based product, dubbed KLAIM, which will allow clients to carry out the initial stages of litigation themselves and help them to independently resolve low-value cases that are likely to settle quickly.
2 minute read

International Edition

Stephenson Harwood among legal line-up on Tchenguiz SFO judicial review case

Stephenson Harwood and BCL Burton Copeland are advising as property investors Vincent and Robert Tchenguiz contest their arrest by the Serious Fraud Office (SFO) in connection with the collapse of Icelandic bank Kaupthing. The brothers yesterday (22 February) won the right to a judicial review of the circumstances surrounding their high-profile arrests last year, after the SFO admitted to mishandling the case.
3 minute read

International Edition

Guildhall Chambers recruits ex-BLP and Eversheds lawyer as new chief exec

Guildhall Chambers has appointed a new chief executive, with former Berwin Leighton Paisner (BLP) lawyer Jeremy Sweetland taking up the role last week. Sweetland has succeeded former chief executive Hamish Munro, who left the chambers earlier this year to join Midlands firm Shakespeares as its chief operating officer.
2 minute read

International Edition

Trio of UK firms advise as judge OKs Facebook High Court claim first

Clyde & Co, Stephenson Harwood and Memery Crystal are all advising on a case that has seen what is thought to be the first High Court claim served via Facebook. The case, involving a $2.1m (£1.3m) claim brought by investment-managers AKO Capital and AKO Master Fund against former broker TFS Derivatives, has seen Mr Justice Teare approve the use of Facebook to locate former TFS employee Fabio de Biase.
3 minute read

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