As is well known, the directors of RBS threatened to resign if Alistair Darling blocks the bonuses they want to pay their traders; apparently they’ve had legal advice that this would breach their fiduciary duties – though the row […]

The Court of Appeal has given judgment today in SRM Global Master Fund v HM Treasury – the human rights challenge by Northern Rock shareholders to the government’s compensation scheme on nationalisation.

The complaint was based […]

Last week the House of Representatives in Washington passed a Bill taxing at about 90% the bonuses received by employees of firms given $5 Billion or more in taxpayer support. Here’s a Washington Post story […]

A lot’s being written and said on the airwaves this week about how lawyers are supposedly crawling over Sir Fred Goodwin’s exceedingly generous pension from RBS. Well, I’ll leave it to the pensions experts to speculate about whether his […]

It’s becoming clearer every day that what we’re living through is the biggest financial crisis since the 1930s: Alistair Darling was right in his Isle of Lewis interview with the Guardian a month ago. Of course everyone’s looking to […]

Here’s the vast, 450-paragraph judgment of Andrew Smith J in OFT v Abbey and others, a judgment that will depress those poor banks even more, though it will cheer up money saving experts, impoverished law students, […]

I was a bit puzzled at first by the headline to this Times piece: a lawyer would be the last person I’d ask to guess the economic fallout from the credit crunch. But litigation is […]