The Co-operative Bank has appointed TLT to its first ever panel of external legal advisers. This is a major new appointment for TLT's financial services sector team, pulling on its longstanding industry experience and its ability to support the Bank's team across England & Wales, Scotland and Northern Ireland.
TLT’s Financial Services Litigation and Investigations head Jonathan Hoey, who led the bid, said: "TLT's team has genuinely strong credentials in the financial services sector and we are well placed to support the Bank across the UK. We are looking forward to working alongside the Bank's team, using our experience to identify opportunities and deliver successful outcomes in a practical and straightforward way."
Graeme Orchison, head of TLT's Manchester office said: "This is a major win for TLT. Headquartered here in Manchester, the Co-operative Bank is an important local employer and a leading UK business. Winning a spot on their inaugural panel is testament to the growing base of expertise we have across the UK and our ability to offer something compelling and different to the market."
The Co-operative Bank client team will be led by partner Jonathan Hoey and supported by a UK-wide team including restructuring partners Alastair Lomax and Martin March; real estate partner Andy Bell, FS regulatory head Emily Benson, banking and financial services litigation consultant Richard Webb and commercial partner Stuart Campbell.
TLT's 300+ strong Financial Services team is spread across TLT's six UK offices and counts many of the UK's leading banks, building societies and lenders as clients, providing them with services ranging from dispute resolution and investigations through to commercial contracts and trusts & estates. The firm has made a number of lateral hires in the last year including Jake McQuitty from Barclays Bank, Financial Services regulatory partner Noline Matemera in London who joined from Stephenson Harwood, a team of financial services litigators from DWF in Manchester and Banking & Finance partner Richard Houliston from A&L Goodbody in Belfast.
Consumers are one step closer to the determination of a multi-billion pound class action against Mastercard over anti-competitive card charges, as the Court of Appeal decides that it does have jurisdiction to hear and...