Slaughters and Linklaters take lead roles on $12bn Barclays debt sell-off
Slaughter and May and Linklaters are among a host of top firms advising as a group of former Barclays bankers set up an offshore company to manage $12.3bn (£7.4bn) of the bank's most toxic debt. In addition to the magic circle duo, Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell and Cadwalader Wickersham & Taft have all won roles in the creation of Protium Finance, a new hedge fund registered in the Cayman Islands.
Slaughter and May and Linklaters are among a host of top firms advising as a group of former Barclays bankers set up an offshore company to manage $12.3bn (£7.4bn) of the bank’s most toxic debt.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
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