Sell suits
A number of lawsuits have emerged across the globe, with disgruntled corporates alleging they were sold unsuitable derivatives products and were unaware of the risks involved. Will changes to bank selling practices emerge as a result? By Christopher Whittall
Litigators have had a busy financial crisis. While angry investors look to claw back their capital as markets disintegrate around them, law offices throughout the world have been inundated with every kind of claim imaginable.
"In an environment where someone is standing to lose quite a bit of money, they'll always look for a way out. When times are hard, litigators are generally very busy," says Clive Rough, Hong Kong-based partner at Freshfields Bruckhaus Deringer.
In particular, a range of
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