LAWFUEL – Legal Newswire – Clifford Chance closes Shipping Practice Clifford Chance UK Head of Litigation announced today the formal closure of the Shipping Litigation practice and the restructuring of the firm’s Commodities litigation and arbitration practice. The decision to stop undertaking shipping litigation is a further step towards aligning the work of the litigation team with the firm’s clients.
The head of the Shipping Practice, Mark Morrison, will leave with a team of three lawyers to join Holman Fenwick & Willan in the New Year.
Nicholas Munday said ” While we will continue to maintain a commodities litigation team, a shipping litigation practice will no longer be a primary focus for us. I support Mark’s move to Holmans and wish him and his team success “.
The Clifford Chance Commodities practice spans a number of practice areas. It contains a market-leading team of lawyers serving the commodity derivative trading markets and is especially renowned for its futures work for commodity exchanges. The practice focuses on investment banks, commodity traders, exchanges and clearing houses.