Press releases

Read what we have announced to the press about new deals, new appointments, and legal precedents:

If you have a press query please contact Rob Dwyer on 020 7293 4130 or email rdwyer@dac.co.uk

December 18th 2003 - FSCS faces £60m bill following Independent Insurance test case loss
The Government’s Financial Services Compensation Scheme (FSCS) faces a potential bill of up to £60 million to cover legal costs of corporate policy holders of insolvent insurers.  This follows today’s Court of Appeal’s decision to uphold a previous judgment brought by City law firm Davies Arnold Cooper, on behalf of GeoLogistics Limited, a policyholder with Independent Insurance. 
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October 1st 2003 - Davies Arnold Cooper opens office in Mexico City
Specialist dispute resolution law firm Davies Arnold Cooper (DAC) has recently become the first UK law firm to open an office in Mexico City.  The latest development follows last year’s expansion of the successful Madrid office and comes with the planned expansion of the London Market office later this year.
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September 2nd 2003 - New promotions for Davies Arnold Cooper
Specialist property and dispute resolution law firm Davies Arnold Cooper has announced the appointment of two new Partners in their Commercial Property practice and two new Associate Partners in the Construction & Engineering team.
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September 2nd 2003 - Davies Arnold Cooper expands construction group with appointment of Iain Black
City law firm Davies Arnold Cooper has announced the appointment of Iain Black to the London office.  Iain joins the firm as a partner in the Construction & Engineering group and will specialise in public and private sector developments, and advise on major engineering and construction projects both in the UK and internationally.
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May 12th 2003 - Tackling arson: lessons to be learned
In March 2003, in his foreword to the research paper “Arson: From Reporting to Conviction”, Chris Leslie, Parliamentary under Secretary of State Office of the Deputy Prime Minister observed that in the UK, there are 3,600 arson fires a week that result in 2 deaths, 60 other casualties and a cost to society of over £2 billion per year. 
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April 30th 2003 - Davies Arnold Cooper appoints new Partner
City law firm Davies Arnold Cooper has announced the appointment of Barbara Naftalin to their London office. Barbara joins the firm as a partner in the property department and will specialise in property development and investment work.
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April 10th 2003 - Common sense judgment in UK competition case
Judgment was delivered today in favour of the defendants in the United Kingdom competition case Arkin -v- Borchard Lines & Ors.  Mr Justice Colman’s decision will not only affect the shipping industry as a whole, but will be of interest to other sectors of industry such as banking and insurance. 
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April 10th 2003 - Stark warning to Insurance Companies
Insurers face a £1 billion+ a year bill through fraud.  At the ABI National Conference, Davies Arnold Cooper, the specialist dispute resolution law firm law firm warned that insurers are not only defrauded by their policyholders but also by their major suppliers. 
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April 1st 2003 - Davies Arnold Cooper appoints new partner
International law firm Davies Arnold Cooper has announced the appointment of Gareth Williams to their Manchester practice. Gareth joins the firm as a partner specialising in dispute resolution and sports law.
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March 27th 2003 - Asbestos risk management looms worse than ever twenty years on
In April 1980, David McIntosh, senior partner at Davies Arnold Cooper, warned of major worldwide problems following the explosion in US Asbestos claims.  Speaking at the The Asbestos Risk Management Conference yesterday, McIntosh said the extent of the problem could never have been predicted and can only get worse.
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February 27th 2003 - Extent of financial liabilities facing corporates determined in Independent test case
The financial liabilities facing Corporate policyholders that are left “high and dry” when their insurer is declared insolvent will be determined in a test case to be heard on March 3rd 2003.  The purpose and restrictions of the Policyholders Protection Act of 1975 will be questioned in the case brought before the Administrative Court. The judgement could potentially expose all Corporates to having to pay their own legal costs for third party claims in place of their insolvent Insurer.
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January 23rd 2003 - DAC expands restructuring practice
Leading dispute resolution law firm Davies Arnold Cooper (DAC) has appointed Martin Gray as a Senior Solicitor to support recent recruit and Head of Business Recovery Shashi Rajani, who joined the firm eight months ago. Gray, who graduated with an Accounting and Law degree from the University of Manchester has seven years’ experience of contentious and non-contentious insolvency work. He joins from Manchester firm DWF.
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January 17th 2003 - Davies Arnold Cooper promotes three new partners
Davies Arnold Cooper has announced the appointment of three new partners in their Spanish and UK practices. Ricardo Garrido and Mercedes Pallares have been promoted to partners Madrid, with Philip Murrin becoming a partner in London.
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