Hogan Lovells, A&O among best paid from €27.6m Irish banking crisis work
Hogan Lovells and Allen & Overy (A&O) have emerged as two of the biggest beneficiaries of legal spend by Ireland's National Asset Management Agency (NAMA) since it was set up to address the crisis in the country's banking system in December 2009. The two firms have collected more than €5m in fees between them since the start of 2010 - with Hogan Lovells earning €2.9m (£2.5m) and A&O €2.5m (£2.1m) - around a fifth of the body's €27.6m (£23.1m) total legal spend over the period.
Hogan Lovells and Allen & Overy (A&O) have emerged as two of the biggest beneficiaries of legal spend by Ireland’s National Asset Management Agency (NAMA) since it was set up to address the crisis in the country’s banking system in December 2009.
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