New York-based Thomas A. Dubbs, Partner of Labaton Sucharow and a specialist in plaintiff class action suits in the securities field, says: "The new rules set out in the UK's Financial Services Bill (FSB) will open new options for UK investors. But if the FSB is passed, lawyers will have to make more discriminating judgments as to whether clients should pursue actions in the UK or the US." These will be affected, he says, by a range of issues; from substantive law matters to the mechanisms of bringing proceedings to costs and potential damages.
The materials appearing on this website are provided for informational purposes only and do not constitute legal advice. You should not take action based upon this information without consulting legal counsel. This site is not intended to create an attorney-client relationship. The hiring of a lawyer is an important decision that should not be based solely upon any single source of information, including advertising on this website. You may ask us to send you further information about us, and we urge you to review other sources of information about us.