Freshfields bids to limit damage after crushing M&S court blow

Freshfields Bruckhaus Deringer is moving to draw a line under its controversial role on the bid for Marks & Spencer (M&S) after the Court of Appeal last week refused to lift an injunction barring the firm from acting on the £9bn bid.

The judges, Lord Justice Kay and Lord Justice Pill, ruled on 3 June that the effective use of Chinese walls in a non-agreed takeover was “wholly improbable”.

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