Firms from Hogan Lovells to Weil are among the legal line-up as an Abu Dhabi-backed fund sparks concerns of foreign influence over domestic media.
November 28, 2023 at 07:43 AM
3 minute read
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The original version of this story was published on Law.com International
Several major law firms are involved in the controversial sale of beleaguered U.K. broadsheet The Daily Telegraph, which was paused last week amid a review.
According to a person with knowledge of the sale, Hogan Lovells is advising Lloyds Banking Group as it prepares to scrutinize a loan agreement between the owners of the Telegraph, the Barclay family, and an Abu-Dhabi backed investment group, that would enable the brothers to retain control of the newspaper.
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