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International Edition

Olswang litigator becomes fourth London partner for Quinn Emanuel

Quinn Emmanuel Urquhart & Sullivan has made its first lateral partner hire since 2008, bringing in commercial litigator Alex Gerbi from Olswang. Gerbi has been at Olswang for a decade and joined the UK top 40 firm's partnership three years ago. He has a broad disputes focus with a client list which includes companies in the technology, media and bank finance sectors.
2 minute read

International Edition

Links faces damages payout after new ruling in $55m negligence case

Linklaters has received a setback in its $55m (£37m) court battle with Levicom after the telecoms company successfully appealed an earlier ruling which saw the magic circle firm escape a multimillion-dollar payout for alleged negligence. The judgment, which was handed down in the Court of Appeal this morning (11 May) by Lord Justice Jacob, Lord Justice Lloyd and Lord Justice Stanley Burnton, will see the level of damages due to Levicom reassessed, with Linklaters now potentially liable for a multimillion-dollar settlement.
2 minute read

International Edition

Spanish firm makes CC litigation partner hire

Spanish law firm Araoz & Rueda has bulked up its litigation and insolvency practices with the hire of ex-Clifford Chance (CC) litigation partner Inigo Rodriguez-Sastre. Rodriguez-Sastre joins Araoz in Madrid from CC's local office to head up the litigation and insolvency practices.
2 minute read

International Edition

Intellectual property boutique hires highly-rated Howrey litigator

Intellectual property (IP) specialist firm Rouse Legal has recruited rated patent litigator Richard Willoughby from Howrey. Willoughby, who joined Rouse Legal at the beginning of the month, had been at Howrey since 2001 when he was brought in from Simmons & Simmons to build up the firm's European practice.
2 minute read

International Edition

Career Clinic: Would starting my Bar career in the regions be a bad move?

"I'm currently taking my third year exams at a top 10 university and plan to do a masters next year. I intend to go to the Bar after this, but, being a Welsh boy at heart, would like to go back to Cardiff for some time. I'm interested in the public law Bar most of all, but I also find common law fascinating. I'm aware that there are limited career opportunities 'in the provinces', but would this put me at a major disadvantage as and when I choose to come back to London? Does anyone have any knowledge of the regional Bar that could help me make my decision?"
1 minute read

International Edition

Debevoise adds City litigator to partnership

Debevoise & Plimpton has made up four lawyers to its partnership, including one in the US firm's City base. Litigator Sophie Lamb will join the firm's partnership in London as of 1 July. Her practice focuses on complex litigation, commercial and investment treaty arbitration and public international law.
2 minute read

International Edition

High-profile Paul Weiss partner set to join Goldman defence team

Goldman Sachs is set to add Paul Weiss Rifkind Wharton & Garrison partner Ted Wells to its big-name defence team as the bank continues to invest heavily in its fight against fraud charges. Wells has taken roles on a number of headline-making cases, including defending Bush White House aide Scooter Libby in his trial over his role in leak of the identity of a CIA officer, while he also advised Eliot Spitzer in the wake of the former New York governor's 2008 prostitution scandal.
2 minute read

International Edition

Norton Rose adds partner to Shanghai base with A&O hire

Norton Rose has bolstered its Shanghai office with the hire of a new partner from Allen & Overy (A&O). A&O of counsel Lynn Yang (pictured) is set to join the firm's corporate team as a partner on 1 July.
2 minute read

International Edition

Goldman SEC charges could spark litigation frenzy

Last month, the US Securities and Exchange Commission (SEC) announced that it has charged Goldman Sachs, the world's most prestigious investment bank, with intentionally deceiving investors in a complex mortgage-backed synthetic collateralised debt obligation (CDO) sold just before the collapse of the US sub-prime housing market. As a result of the announcement, Goldman Sachs' stock lost 13% of its value, its largest one-day drop since January 2009. While the nature of the product at the centre of the allegations, the Abacus 2007-AC1 CDO, is unquestionably highly complex, the SEC's allegations can be summarised quite simply: the marketing materials for Abacus 2007-AC1, it is alleged, were false and misleading because they represented that ACA - the structuring company and collateral manager - selected the reference portfolio while omitting any mention that Paulson & Co, a party with economic interests adverse to the CDO investors, played a significant role in the selection of the underlying obligations.
4 minute read

International Edition

DLA cleared after sex discrimination allegations from former partner

DLA Piper has successfully defended itself against allegations of sexual discrimination brought by a former partner. A Liverpool employment tribunal cleared the firm of the charges brought by former real estate partner Sarah Sweeney, dismissing all of her claims at the end of last month.
2 minute read

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