Reed Smith has ended its self-imposed ban on litigating against banks with the firm now reviewing financial disputes on a case-by-case basis. The move, an apparent reaction to the expectations of a surge in bank-related litigation due to prolonged credit turmoil, is a shift for the firm, which ended legacy U.K. firm Richards Butler's practice of acting against banks after a 2007 merger. The news comes before next month's expected judgment in a $600 million case involving JPMorgan Chase.
April 18, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
Reed Smith has ended its self-imposed ban on litigating against banks with the firm now reviewing financial disputes on a case-by-case basis.
The move, an apparent reaction to the expectations of a surge in bank-related litigation due to prolonged credit turmoil, is a shift for the firm, which called time on legacy U.K. firm Richards Butler’s practice of acting against banks after their 2007 merger.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
