Credit Suisse (CS) might be no more after it was forced into the arms of rival UBS, but the legal backlash arising from the government-orchestrated deal is just gathering storm. With investors worldwide (including in Asia) decrying the Swiss authorities for evaporating billions of dollars in additional tier one (AT1) bonds, law firms are gearing up for protracted legal battles.  

Stephenson Harwood has hired private wealth expert Suzanne Johnston as a partner in Singapore. Johnston was most recently director and senior legal counsel at financial services firm UBS.

Hong Kong disputes boutique Gall recently hired two partners: Evelyn Chan and Nick Dealy, from local firm Wilkinson & Grist and Swiss bank UBS, respectively.