RBS rights trial judge highlights ‘unparalleled’ defence costs, as trial stayed on new offer

The judge hearing the Royal Bank of Scotland (RBS) £4bn rights issue damages case – currently stayed pending settlement negotiations – has highlighted the bank’s ‘extraordinary’ £129m costs in the case, in a preliminary judgment published on 23 May.

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Q&A: Reed Smith’s new global arbitration head on the transition from a Miami litigation boutique to an international firm

Reed Smith‘s new head of international arbitration following the firm’s recent Miami merger with Astigarraga Davis, José Astigarraga (pictured), discusses his plans at Reed Smith and the future of international arbitration with Georgiana Tudor. Continue reading “Q&A: Reed Smith’s new global arbitration head on the transition from a Miami litigation boutique to an international firm”

‘Case to answer’: Former Cobbetts lawyers referred to Solicitors Disciplinary Tribunal

Six former Cobbetts lawyers, including former managing partner Nicholas Carr and senior partner Stephen Benson, have been referred to the Solicitors Disciplinary Tribunal (SDT) by the Solicitors Regulation Authority (SRA) following the Manchester firm’s collapse in 2013.

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