Top HSF litigator Greeno defects to Quinn Emanuel’s City arm

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Herbert Smith Freehills (HSF) partners received more bad news this morning as it emerged that top litigator Ted Greeno has resigned to join US disputes leader Quinn Emanuel Urquhart & Sullivan.

The departure represents arguably the most high profile contentious practitioner to join a US law firm in London directly from private practice and will be regarded as highly significant for Quinn Emanuel, which is moving to broaden the practice of its City arm.

Greeno’s resignation was announced this morning (27 March) to HSF’s partnership and comes after almost 30 years with the City firm.

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Litigation market polarised as Jackson reforms take effect

With the Jackson reforms recently instigated, the market is divided about how the introduction of damages-based agreements (DBAs) will impact the litigation market.

Under the reforms, which came into effect on 1 April, litigators will be allowed to accept cases under DBAs for the first time. However, litigators say the lack of clarity about how the new rules work will inhibit their use.

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Family law firms clamber to get arbitrators on board

Private client firms are scrambling to bolster their arbitration capabilities six months after family law arbitration was introduced in England and Wales. Family lawyers are reporting arbitration training programmes are fully booked going into 2013.

The Institute of Family Law Arbitrators (IFLA) launched the Family Law Arbitration Scheme in February this year as a viable alternative to the court process. The rising popularity of this method of resolving disputes means family law teams will be looking to offer this service as soon as possible.

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Battle Royale

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Two oligarchs; $6.5bn; and enough lawyers to form an entirely new firm. This is Berezovsky v Abramovich, the largest litigation in the world

In Hermès on Sloane Street on Friday 5 October 2007 Roman Abramovich, the billionaire owner of Chelsea Football Club, is enjoying a quiet afternoon shopping. Two doors down in Dolce & Gabbana, his former business partner is also indulging in a little retail therapy. In better days the two would visit each other’s superyachts and holiday together. But by 2007 the relationship had soured, and Berezovsky was itching to issue a writ suing his former friend for $6.5bn.

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Taking off

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As the airline industry continues to face a tough economic climate, falling passenger numbers and strict regulations, litigation levels have risen. But who’s getting the work?

Sir Stelios Haji-Ioannou could shake things up in the airline sector yet again. The 46-year-old founder of easyJet grabbed the world’s interest in September with rumours that he’s on the verge of launching a new long-haul budget airline likely to be called Fastjet.

But Sir Stelios has drawn more headlines of late for his legal disputes. In particular, a lengthy legal showdown with easyJet, which he founded in 1995 and in which his family still owns a 37.4% stake. It’s a dispute that has also seen him at odds with his former solicitors, Bird & Bird.

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Free at Last – Enyo Law

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Three litigation partners left Addleshaw Goddard last year to set up a conflicts-free, disputes-only boutique. LB finds out how well the model is working.

For many, it’s a depressingly familiar scenario. You’re an experienced litigation partner handling financial services and contentious civil fraud disputes, advising corporates, entrepreneurs and high-net-worth individuals. A senior in-house lawyer from a bank asks you to represent them against another major financial institution after being given your name by a partner from a rival firm. A conflict check then reveals a banking partner at your firm had dinner with the other side and anticipates some corporate work in the pipeline. You have no choice but to decline the instruction.

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Pulling the strings

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Despite the increasing popularity of arbitration, a significant number of clients have been disappointed by the performance of an arbitrator. LB asks what can be done to improve faith in the system

When something gets a mention in the Chancellor of the Exchequer’s Budget speech, it is usually important. So when George Osborne spoke of the government’s intention to ‘promote the UK as the global centre of legal arbitration’ in March, the global arbitration community sat up and took note.

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Pulling the Strings – Arbitration

Despite the increasing popularity of arbitration, a significant number of clients have been disappointed by the performance of an arbitrator. LB asks what can be done to improve faith in the system

When something gets a mention in the Chancellor of the Exchequer’s Budget speech, it is usually important. So when George Osborne spoke of the government’s intention to ‘promote the UK as the global centre of legal arbitration’ in March, the global arbitration community sat up and took note.

Continue reading “Pulling the Strings – Arbitration”

Litigation round table

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Trends in international commercial litigation were to the fore in the second Legal Business round table in conjunction with McCann FitzGerald. From the globalisation of disputes to rising levels of disclosure and tougher regulators there was plenty on the agenda

There has arguably never been a better time to be a litigator. Although the much-anticipated tsunami of litigation has not hit the market, there has been a discernible rise in disputes, which more often than not require a litigator to keep them out of the courts.

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Russian cases for Russian lawyers

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Disputes from Russia and the CIS are an increasingly profitable area for Western firms, even for those without offices in the region. LB looks at how long the trend can continue

It’s a time bomb,’ says Dimitry Afanasiev, chairman of the Russian law firm Egorov, Puginsky, Afanasiev & Partners. ‘Given the fact that at some point some of these commercial contracts are going to blow up into a dispute then I think the English legal market is going to see Russian business for a long, long time.’ Continue reading “Russian cases for Russian lawyers”