In April 2020, 3VB’ silk-in-waiting Adam Kramer (Call: 2004) got a call which completely shifted how the rest of the year was going to pan out for him. It was from the Financial Conduct Authority, which was about to tap into the High Court’s underused test case system to launch proceedings against insurance companies, asking […]
A London-based forex broker has dropped Dentons and brought in Linklaters in a fraud dispute brought by a Cayman-based investment fund. Equiti Capital, which is defending a claim brought by Dismatrix and two of its subsidiaries, has called on the services of Linklaters duo Alison Wilson and Susana Cao Miranda. It relates to an investment […]
Telecoms giant BT has called on Simmons & Simmons as it faces a multimillion-pound claim in the Competition Appeal Tribunal. The claim is brought by Justin La Patourel, founder of Collective Action on Landlines (CALL), and Mishcon de Reya’s Rob Murray. The dispute relates to BT allegedly overcharging customers for its landline subscription. In 2017, […]
This week the courts will hear a claim brought by local authorities in England, in a dispute with Barclays Bank over loans worth more than £500m. The councils allege they were fraudulently sold the loans and that the bank manipulated interest rates on the ‘lobo loans’. A lobo loan, or lender option borrower option, is a […]
The Supreme Court has substantially allowed an appeal brought by HSF client, the Financial Conduct Authority, in a highly-anticipated judgment over Covid-related business losses. Today’s judgment brings guidance for businesses and the watchdog as to whether certain business interruption policies linked to the pandemic relate to losses. Crucially, it means that businesses can make claims to […]
Clyde & Co has hired a team from Norton Rose Fulbright for its Munich launch, as the firm refocuses on international growth amid ongoing leadership wrangles. This is the latest development from a firm that revealed just before Christmas that its senior partner Peter Hirst would be stepping down early from his role. Its latest […]
Stewarts is set to file a claim against AA, after a dispute was waged over an investment deal in a automotive start-up. Motoriety, which was founded by Lucy Burnford and Oliver Astley, is alleging that AA delayed its launch after the roadside assistance operator attempted to invest in the company. In 2015, Burnford, Astley and […]
Kennedys has opened its 12th office in the UK, after bringing in a 36-person insurance team from a local firm. The firm’s Leeds office will also be its 42nd opening globally, after it reached an agreement to take over Langleys’ insurance group. The new office will be headed by David Thomson, who was managing partner […]
The most successful US firm in London in terms of sheer growth is Quinn Emanuel Urquhart & Sullivan.
Quinn Emanuel Urquhart & Sullivan’s revenue in London increased by almost 30 per cent in 2020 to just over £127m. As well as announcing sky-high revenue, the US litigation specialist also increased its profits by 34 per cent from £67.2m to nearly £91m. This gave the firm a profit margin of 71.4 per cent. In […]
There are pressures that come with any litigation, but for Doughty Street’s Jennifer Robinson (Call: 2016), it has been an extremely challenging few years working on Julian Assange’s extradition case. The US Government has been attempting to extradite Assange to the US, a policy hastened under Donald Trump’s leadership. This week Judge Baraitser ruled the […]
RPC, Blake Morgan, Mills & Reeve, CMS Cameron McKenna Nabarro & Olswang and Keoghs have settled a dispute over cladding in hotels. The claim was brought by Premier Inn against a number of construction companies. It was alleged that McAleer & Rushe’s cladding contracts at its Gatwick branch did not comply with building regulations. McAleer […]