Jilted Herbert Smith gets the last laugh as the London Stock Exchange fails in Liffe take-over bid
November 07, 2001 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Guests attending a Herbert Smith reception the other day could not help but spot an occasional smirk as partners digested the news that former trophy corporate client the London Stock Exchange (LSE) had lost out in its bid to buy Liffe.
Having been rather unceremoniously sidelined by the LSE in favour of Freshfields Bruckhaus Deringer’s IBM factor, who could begrudge the firm the odd chuckle?
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