A raft of City firms have landed lead roles on the rescue of Scottish building society Dunfermline. Freshfields Bruckhaus Deringer, Slaughter and May, Allen & Overy (A&O) and SJ Berwin are all advising on the rescue package, which will see parts of Dunfermline's businesses transferred to Nationwide Building Society and DBS Bridge Bank, which has been set up as a temporary measure by the Bank of England.The remaining portions of Dunfermline's business have been placed into administration, with KPMG appointed as administrator.
March 30, 2009 at 10:33 AM
1 minute read
The original version of this story was published on Legalweek
A raft of City firms have landed lead roles on the rescue of Scottish building society Dunfermline.
Freshfields Bruckhaus Deringer, Slaughter and May, Allen & Overy (A&O) and SJ Berwin are all advising on the rescue package, which will see parts of Dunfermline’s businesses transferred to Nationwide Building Society and DBS Bridge Bank, which has been set up as a temporary measure by the Bank of England.
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