Controversy over top London firms notoriously flexible stance on conflicts of interest is mounting following a series of high-profile deals that have this year seen UK firms apparently breach local bar rules.
One major firm, Allen & Overy (A&O), has controversially emerged as an adviser to more than one party in three separate instructions this year: the insolvency of TXU, advertising giant WPPs bid for Cordiant and the on-going battle to control UK supermarket group Safeway. A&O has strongly denied any wrong-doing, but a growing number of […]