The Legal 500 United Kingdom 2023 rankings have been published and Wallace continues its success, being ranked in six practice areas for the London region.
Wallace is recommended by Legal 500, 2023 in the following practice areas: Banking Litigation: Investment & Retail; Commercial Litigation (mid-market); Property Litigation; Corporate M&A – smaller deals up to £50m; TMT (IT & Telecoms); and Employment (Employers).
Following a series of hearings in the Commercial Court during the past month, worldwide freezing injunctions were discharged over Wallace’s clients Aaqua BV, Aaquaverse PTE Ltd and Robert Bonnier (together the “Aaqua Parties”).
Wallace acted for the Freedman family, the largest shareholders in independent wealth manager, London & Capital Group in relation to the majority stake investment by Lovell Minnick Partners.
On 8th February 2022 the Leasehold Reform (Ground Rent) Act 2022 (‘the Ground Rent Act’) received Royal Assent. It will come into force on 30th June 2022 and will restrict ground rents in applicable leases to a “peppercorn” (or NIL) ground rent. The Ground Rent Act has major implications for both Landlords and Tenants who are negotiating terms to “voluntary” leases.
Wallace is delighted to learn that we have been shortlisted in the 2022 Lawyer Awards. Our firm is a finalist in the category ‘Law Firm of The Year - The Independents’
Wallace has represented Dan Fallows, formerly Chief Engineer – Aerodynamics for the Red Bull Racing Formula One team, in a dispute regarding his high profile move to another Formula One team, Aston Martin Racing, to take up the coveted position of Technical Director at the start of April 2022.
James advises both employers and employees on the full spectrum of employment law matters, including day-to-day surgery advice, litigation, transactional support and executive severance.
Wallace has obtained a stunning success for three individual defendants to a US$1.2 billion Commercial Court fraud claim brought by companies within the Brazilian Vale group, one of the largest mining and metals conglomerates in the world.
Wallace has acted for ParentPay Limited, the UK’s leading provider of school payment and parental engagement services, on its acquisition of BlueRunner Solutions Limited, a digital-based meal ordering and hospitality management platform business.
Wallace has acted for the shareholders of Matrix IDM, an investment data management platform, on its sale to Rimes Technologies, a global strategic data partner for asset managers, asset owners and service providers.
Over the last decade, we have seen an increasing propensity to condemn organisations for having predominantly ‘pale, stale, males’ in positions of seniority. This has partially been driven by the extension of Gender Pay Gap Reporting which has forced many organisations to record and reflect on inequality in the workplace and, hopefully, take steps to rectify this.
We are delighted to announce that we have been recognised across three industry directories for 2022 in the highly competitive London area, namely The Times’ Best Law Firms, The Legal 500 and Chambers and Partners.
The Wallace corporate team has advised Webcertain’s founder, Andy Atkins-Krüger and his co-owner, Philip Hopkinson, on the sale of Webcertain to New York-based “super agency” TransPerfect.