It’s been a big week for the providers of legal services to asset managers.
Since Monday, we've had a bidding war over Hipgnosis Songs Fund, with Blackstone stating in no uncertain terms it will happily utilise its call option, Chrysalis has issued a draft claim against a former holding, RGL has confirmed it will continue its Woodford-related Hargreaves Lansdown case, Harcus Parker is weighing action against a Home REIT sister fund and a JP Morgan trust is facing a Russian court. Friday Briefing: The Caledonian Ranger rides again The Hipgnosis bids began last Thursday, with Concord offering $1.16 per share, before Blackstone swept in with a $1.24 bid, which w...
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