Allen & Overy (A&O) is acting as Northern Rock's banking counsel, it has emerged, and advised on the embattled lender's latest agreement with the Bank of England yesterday (9 October). The firm is acting alongside magic circle rival Freshfields Bruckhaus Deringer, which is advising on corporate issues. Yesterday the Treasury announced that a guarantee to protect existing deposits will be extended to new deposits made after 19 September.
October 10, 2007 at 11:51 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) is acting as Northern Rock’s banking counsel, it has emerged, and advised on the embattled lender’s latest agreement with the Bank of England yesterday (9 October).
The firm is acting alongside magic circle rival Freshfields Bruckhaus Deringer, which is advising on corporate issues. Yesterday the Treasury announced that a guarantee to protect existing deposits will be extended to new deposits made after 19 September.
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