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Dispute Resolution
Stories and digests covering a variety of angles to ADR, whether on key issues of law or notable parties
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Quinn Emanuel set to report profit for 2009 after strong City debut
By Legal Week | December 8, 2009
Quinn Emanuel Urquhart & Hedges' London office is expecting to record a profit little more than a year after formally launching in the City. The London office is set to post a net profit when it reports its results for the 2009 calendar year - despite only launching properly in October 2008.
1 minute read
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Stephenson Harwood reappoints litigation partner to partnership council
By Legal Week | December 8, 2009
Stephenson Harwood has handed litigation partner Roland Foord a second term on its partnership council, as the City firm gears up for elections for the senior partner role. Foord, who joined Stephenson Harwood in 1985 and leads the firm's professional services and art law teams, was re-elected to the four-member partnership council last month (30 November) and will serve another three-year term. He joins incumbent senior partner Andrew Sutch - who also chairs the group - shipping disputes partner Stuart Beadnall and shipping finance partner Nigel Porter on the council.
1 minute read
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DLA Piper and Clydes set for High Court fee disputes with clients
By Legal Week | December 8, 2009
DLA Piper and Clyde & Co have both been drawn into High Court fee disputes with current or former clients. DLA Piper's former client Harlequin Property Management and Harlequin Hotels and Resorts launched a claim against the top 10 law firm on 6 October in the Queen's Bench Division, alleging that it was overcharged.
1 minute read
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Litigation and regulatory team of the year
By Legal Week | December 8, 2009
Jones Day's work advising AIM-listed Sibir Energy in relation to allegations of fraud against two former directors has attracted glowing praise from the company's board. "Under the inspired leadership of Craig Shuttleworth the tactics have been impeccable," said director and former chief executive Stuard Detmer.
1 minute read
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RPC hires Reed Smith partner to lead financial disputes team
By Legal Week | December 2, 2009
Reynolds Porter Chamberlain (RPC) has bolstered its financial disputes practice with the hire of Reed Smith partner Tom Hibbert. Hibbert, who spent 10 years as a partner with the City office of Reed Smith and legacy firm Richards Butler, will head the financial disputes practice at RPC when he joins later this week (4 December). His position is a new role within RPC, with Hibbert set to lead a five-partner team dedicated to banking litigation.
1 minute read
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Hammonds considers Munich exit after Eversheds departures
By Legal Week | December 2, 2009
Hammonds is considering pulling out of Munich in the wake of Eversheds' hire of most of the office's lawyers. Hammonds has been reviewing its Munich business since April and was expected to reach a final decision as Legal Week went to press. The firm stressed that if it decides to close the office altogether, the decision would be based on the review findings and not the recent departures.
1 minute read
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Kirkland lands million-dollar payout after outsourcing dispute
By Legal Week | December 1, 2009
A US judge has awarded Kirkland & Ellis and one other US firm $10m (£6m) in legal fees in a dispute over an outsourcing agreement, reports The Am Law Daily. The dispute stemmed from an outsourcing deal signed by tech company Metavante and Emigrant Savings Bank in 2004. Metavante had accused Emigrant of breaching the deal, before Emigrant filed counter-claims that eventually pushed the case into federal court.
1 minute read
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Dubai finance centre aims to boost court standards with conduct code
By Legal Week | November 26, 2009
The Dubai International Finance Centre (DIFC) Courts has introduced a professional conduct code, in a bid to improve the professional standards of lawyers conducting litigation before the courts. The code, which is binding for all registered practitioners appearing before the English-language common law court, was introduced earlier this month (1 November) following a consultation carried out in June this year.
1 minute read
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Raft of UK firms advise as OFT loses out in Supreme Court overdraft charges dispute
By Legal Week | November 25, 2009
The Office of Fair Trading (OFT) has lost its court battle to launch an investigation into the fairness of unauthorised overdraft charges. Five Justices of the Supreme Court, led by Lord Phillips of Worth Matravers, ruled this morning (25 November) in favour of seven banks and one building society, ending the two-year case which was initially brought to the High Court in 2007.
1 minute read
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Quinn Emanuel raises stakes in Lehman-Barclays dispute
By Legal Week | November 25, 2009
The official creditors committee in the Lehman Brothers bankruptcy fired the latest shot on Tuesday (24 November) in the dispute between Lehman and Barclays over whether Barclays received an improper 'windfall' in its purchase of Lehman's North American assets and liabilities last September. The dispute has been brewing for months and has resulted in several motions for discovery and at least three lawsuits. In short: Lehman, its creditors and the trustee of its estate allege that certain higher-ups at both Lehman and Barclays arranged - without the knowledge of Lehman's counsel at Weil Gotshal & Manges - to sell most of Lehman's North American assets to Barclays in late September 2008 under terms that were far too favourable to the buyer.
1 minute read
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