Ashursts faces fight to keep role as RSA's main adviser as A&O strategy gamble begins to pay dividends
November 27, 2002 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
While the post-11 September insurance sector has proved lucrative for those corporate lawyers operating in the area, one client has stood out as being particularly bankable for its primary corporate advisers.
Royal & SunAlliance (RSA), which is only halfway through an aggressive disposal programme, last week announced plans for a global restructuring of its business that will attempt to turn a £600m capital shortfall into a surplus of £750m.
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