The Cozy Bank-Law Firm Relationship May Not Be So Cozy After All…These days Anyway, Part II.

By: Ainsley Brown McKenna v. Gammon Gold Inc. This is case that has the potential to redefine the very cozy relationship law firms have with their banker clients. No longer will bankers be given blanket coverage under conflict of interest rules to prevent law firms from being representatives in claims brought against them. The operative word here being potential, as

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Northern Rock: The Latest Chapter

By: Ainsley Brown This is an update to Shareholders Fail in Human Rights Cases Against UK Government. The Northern Rock shareholder group, lead by the Hedge Funds SRM Global and RAB Capital, last week launched their appeal of the decision reach in the High Court about the UK government’s nationalization compensations scheme.  The appeal comes in the form of judicial

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The Booz Will Get You Every Time: London Trader Banned.

By: Ainsley Brown As the popular Jamie Fox song goes: Blame It On The Alcohol. Well no says the Financial Services Authority (FSA), the UK financial sector watchdog, as it handed down a ban on a trader for “a lack of honesty and integrity.” Apparently the FSA frowns on making $10 million dollar trades and concealing it from superiors and

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