Freshfields claims the sky is Green
An unconvincing defence
Sitting in that Starbucks in early May with Arcadia’s chairman, Lord Grabiner QC, it would have been easy for Freshfields Bruckhaus Deringer’s head of corporate finance, Barry O’Brien, to build a case for representing Philip Green on his planned £9bn bid for Marks & Spencer (M&S). True, Freshfields had worked on and off for M&S for years and the bid was highly unlikely to go through without spirited resistance from the ailing retail icon. But the firm’s work for the client had been relatively minor, so it was an understandable call to clear the transaction at that time.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651