Staveley ditches West End law firm Fladgate for US heavyweights Quinn Emanuel Urquhart & Sullivan in Barclays dispute October 2, 2017 PCP Capital Partners, the investment firm founded by Amanda Staveley, has ditched West End law firm Fladgate as its advisers in its £1.2bn court battle against Barclays. It has instead appointed Quinn Emanuel Urquhart & Sullivan, a prestigious US-based firm which specialises in business litigation and arbitration. Staveley changed representation due to the high stakes [...]
Nearly 45,000 UK drivers have teamed up for legal action against Volkswagen over emissions scandal with hearing set for 27 November November 16, 2017 Nearly 45,000 motorists have now teamed up in a class action lawsuit against Volkswagen in England and Wales, with a pre-trial hearing scheduled for later this month. The consumer group has announced today that the next hearing in the UK legal action against VW will take place in the High Court on Monday 27 November. [...]
Staying afloat: What the string of shelved IPOs means for investors November 28, 2017 It takes a brave business leader to list their company on a public stock exchange, and while the success of an IPO is largely based on the firm’s underlying fundamentals, it’s also a delicate act of timing. This month, we’ve seen a string of British companies shelve their plans to float, including the likes of [...]
Finally, all UK banks pass the stress tests: is now the time to invest? December 8, 2017 Imagine you emerged blinking from your bunker in the wake of this: interest rates up to 4 per cent the value of the pound down more than a quarter unemployment up almost 10 per cent residential property prices down by a third commercial real estate prices down by two-fifths world and UK GDP down 2.4 [...]
Avoiding the financial perils of divorce November 29, 2017 If your marriage has broken down, the emotional strain can take its toll. But splitting your finances can make the divorce process a lot tougher. Last year, the number of divorces among opposite sex couples increased by 5.8 per cent compared to 2015, according to figures from the Office for National Statistics. But worryingly, [...]
Top law firms feel the heat as clients are delaying payment by an average of 130 days, says a study from Edward Drummond July 11, 2017 Top UK law firms are having to wait an average of 130 days to get paid by clients for their work, a new study has revealed. The data, collated by executive search and market research firm Edward Drummond, shows that this payment period for the 100 highest-ranked firms was 19 per cent longer than the [...]
City Moves for 6 February 2017 – who’s switching jobs? February 6, 2017 Today's City Moves cover real estate, legal eagles and tech. Take a look at these movers and shakers: CBRE Real estate services group CBRE has appointed Zoe Bignell to lead and spearhead the expansion of the advisory team within its UK development and residential capital markets business. Zoe is moving to CBRE from Cushman & [...]
City Moves for 13 February 2017 – who’s switching jobs? February 13, 2017 Today's City Moves cover legal eagles, hotels and a precious metal explorer. Take a look at these movers and shakers: Ashfords LLP National legal and professional services provider Ashfords LLP has appointed Jim Morris as a partner and head of the firm’s expert aviation team. Having previously worked for six years as the aviation partner [...]
City Moves for 5 December 2016 | Who’s switching jobs December 5, 2016 Markel International Markel International, the specialist insurer, has appointed Naomi Murray as senior claims adjuster in its trade credit and political risk team. Naomi is a highly experienced claims handler having spent nearly 20 years in the role. She has worked for Coface, Amlin, RPC Loss Adjusting and for the last 11 years as a [...]
City Moves for 2 February 2017 – who’s switching jobs? February 2, 2017 Today's City Moves are infrastructure-heavy, covering legal eagles, property and utilities. Take a look at these movers and shakers: Clyde & Co David Hansom has been appointed as a partner in global law firm Clyde & Co’s infrastructure group, where he will lead the firm’s public procurement offering. David is a leading procurement lawyer with [...]