Travers partner to consider senior role on secondment at RBS
Travers Smith litigation partner Toby Robinson is set to consider a secondment on the firm’s client RBS as interim head of litigation, regulatory and investigations.
Robinson will join RBS to get a six-month period from February this coming year even though the current postholder is on leave.His secondment is definitely an unusual move for Travers, which rarely sends partners in-house. In recent years the sole partner to own been seconded from your firm to a in-house role may be corporate lawyer Anthony Foster, who joined the Bank of England for 6 months during 2009.
Robinson has become a partner at Travers since 2008, as he joined from Freshfields Bruckhaus Deringer where he was an affiliate within the finance institutions disputes group.
Travers finance partner Paul Lyons said: “The ongoing global financial crisis has seen an amazing surge in the incidence of regulatory investigations. In our experience very few finance institutions have been untouched from this development.
“The strength individuals regulatory investigations group has generated a tremendous rise in the number of instructions in this area received from the variety of clients. It is very rare for us to second partners; we have been, however, delighted that Toby has been invited to consider this part within RBS.”
The news comes after the firm has lined up on the string of high-profile deals recently, including advising Blacks Leisure on its administration, with the tastes Blacks’ assets sold to JD Sports in a deal reportedly worth £20m.
The firm also took a lead role on Doughty Hanson’s £250m acquiring oil and gas logistics company Asco with the close of last year, advising the selling shareholders including Phoenix Equity Partners, Indigo Capital and Asco’s senior management team.
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