Unsurprisingly for a high-profile claim against a global investment bank, litigation heavyweights Quinn Emanuel Urquhart & Sullivan and Herbert Smith Freehills find themselves squaring up to each other today (1 December).
Decura, a financial services platform run up by three former Goldman Sachs bankers, is suing UBS after the Swiss financial giant shrunk its investment bank in a move that the claimants allege damaged a joint venture with Decura.