Linklaters has received a setback in its $55m (£37m) court battle with Levicom after the telecoms company today successfully appealed an earlier ruling which saw the magic circle firm escape a multimillion-dollar payout for alleged negligence.
The judgment, which was handed down in the Court of Appeal this morning (11 May) by Lord Justice Jacob, Lord Justice Lloyd and Lord Justice Stanley Burnton, will see the level of damages due to Levicom reassessed, with Linklaters now potentially liable for a multimillion-dollar settlement.
