1 November 2004
After five years in limbo, the £700m dispute over funds transferred to the family of the late Nigerian dictator General Sani Abacha finally comes to court this week.
Allen & Overy’s (A&O) pro bono initiatives have resulted in the magic circle firm providing invaluable support to Tower Hamlets-based self-help organisation Mosaada.
Allen & Overy (A&O) has nose-dived in the esteem of its US associates, according to American Lawyer magazine’s latest associate satisfaction survey.
Adams has become the latest law firm to sign up to a professional services bartering network. Adams is one of more than 20 firms, which include Field Fisher Waterhouse, to have joined the Bartercard UK-run network, which allows firms to exchange legal services for goods and services. Adams has already used the arrangement to gain instructions from a fast food company on the commercial lease ...
Brighton & Hove City Council has established a new list of preferred barristers following a review that has seen both Francis Taylor Building and Cloisters axed from the panel.
Ashurst has pushed aside Linklaters to scoop its first major corporate deal for new client Sportingbet, the world’s largest online betting company.
A survey by the Australian Equal Opportunity for Women in the Workplace Agency has revealed that, on average, women make up 16 per cent of partners in Australia’s leading law firms.
Back at Clifford Chance, the magic circle firm and mid-size rival Berwin Leighton Paisner (BLP) must have spent an extortionate number of hours at the negotiating table last week, as it appears a fair trade has been made between the two firms.
Like the class system, the division between blue-blood barristers and scummy solicitors refuses to die – at least in the unfathomable world of barristers’ clerks.
Bevan Ashford’s twin arms formally demerge today (1 November), creating Bevan Brittan – the firm’s legacy Bristol, Birmingham and London arm – and Ashfords – the Exeter, Plymouth and London side of the operation.
The Newton Yorkshire Lawyer of the Year Awards were held last Wednesday (20 October) at Rudding House in Harrogate, with DLA’s Robin Smith picking up both the top prize of Lawyer of the Year and a Lifetime Achievement Award. Smith was described as “one of the people who put Leeds on the legal map”. He was the chief architect of the development of Dibb Lupton & Co from a five-partner provincial firm into the international outfit that is now DLA.
Freeth Cartwright has appointed Ann Critchell-Ward as an associate in its IP and IT team. Critchell-Ward joins from Martineau Johnson, where she worked for eight years.
Charles Russell has called on the Government to amend its draft Gambling Bill after identifying a provision that could deter investment in lucrative new leisure and casino developments.
CMS has finally plugged a gap in its European coverage after signing Spanish corporate and finance specialists Albinana Suarez de Lezo (ASL) as an alliance member.
Cooley Godward is in the early stages of plans to open in Washington DC and New York and is hoping that London and Continental Europe will follow.
From a small Lloyd’s syndicate to an international powerhouse in the space of a decade. Joanne Harris on how the Catlin Group achieved its rise to prominence
Deacons has settled its longstanding litigation against White & Case and the firm’s former partners Mark Fairbairn and Edward Cairns just two weeks before the appeal hearing was due to start (first revealed on www.thelawyer.com, 25 October).
More women and people from ethnic minorities were appointed to the judiciary last year, a report released last week (Friday, 29 October) reveals.
DLA is accelerating its push into Germany with the hire of Clifford Chance corporate partner Dr Martin Schulte.
Denton Wilde Sapte (DWS) partner Martin Kitchen has quit the firm’s consultation committee in a bid to avoid conflicts of interest if he stands for the role of chief executive in December’s elections.
Field Fisher Waterhouse (FFW) has bolstered its real estate department with the appointment of a property finance lawyer from Wragge & Co LLP.
The origins of Canterbury-based Furley Page date back to the 18th century, when it was founded by a sole practitioner named James Hanson. Today, following a number of mergers, the firm comprises 20 partners and is one of the leading practices in the South East.Approximately 50 per cent of Furley Page’s turnover is derived from private client work. ...
French private equity star Thomas Forschbach has completed his first deal since moving from Ashurst to Latham & Watkins in September.
Freshfields Bruckhaus Deringer has poached Shearman & Sterling finance counsel Linda Hesse as partner for its Paris office, a rare example of an associate being hired straight into the partnership.
Freshfields Bruckhaus Deringer is about to roll out an upgrade to its conflicts-checking system.
The Likelihood that Italy’s nominee as the new EU Commissioner for Justice, Freedom and Security will take up his post has become extremely unlikely, with the European Parliament forcing a withdrawal of the entire new European Commission, which was due to start work on 1 November.
Gibson Dunn & Crutcher has expanded its small Brussels presence by taking on Howrey Simon Arnold & White partner David Wood and Crowell & Moring partner James Ashe-Taylor. The firm opened in Brussels a year ago when Squire Sanders & Dempsey partner Peter Alexiadis defected with a small team. Ashe-Taylor ...
Gide Loyrette Nouel is beefing up its Algerian practice with the hire of an oil and gas expert.
‘It’s possible that the second partner who is going to work with me will actually take on the role of managing partner’ David Gold, Herbert Smith
London law firms Goodman Derrick and Berger Oliver have agreed to merge.
Early dartLast week’s settlement of the mammoth Sumitomo fraud trial has left empty diaries across the bar. The trial, which kicked off just two weeks ago, was set down for 30 weeks. Settling this early means Sumitomo’s counsel Christopher Carr QC and fellow members of One Essex Court are now left twiddling their thumbs and waiting for the phone to ring with more work.Meanwhile, Serle Court’s Michael Briggs QC is off on his holidays to India for some well-earned rest ...
Herbert Smith has closed its first leveraged financing for Royal Bank of Scotland (RBS) after winning a coveted place on the £100m-plus deals panel last November.
HSBC Holdings is demanding a single worldwide rate from firms seeking a place on the bank’s global panel.
Clifford Chance’s Martin Smith has quit the firm where he made his name working on the Hutton Inquiry to join Field Fisher Waterhouse (FFW) as a partner.
The salaries of in-house lawyers are still failing to compete with the amounts awarded to their private practice counterparts.
Yorkshire law firm Keeble Hawson has beaten a slew of other mid-sized firms to secure a lucrative instruction as the leading legal adviser for Standard Life’s new pension product.
Kirkland & Ellis is set to raid Clifford Chance to launch its first German office.
Lawrence Graham seals merger with Tite & Lewis" /Lawrence Graham has completed its merger with Tite & Lewis (T&L), the former law firm of accountancy giant Ernst & Young (E&Y).
At last, a reason to shun equity: people get awfully cross with you when the profits go down.
The face of accessorial liability is changing, but many questions remain unanswered. Bajul Shah reports on Criterion Properties v Stratford UK Properties
In a blow to Lovells’ acquisition finance practice, star banking partner Adam Freeman has quit to join Linklaters.
Linklaters has scored its first instruction from whisky-maker Glenmorangie after the firm was drafted in to advise on its sale to French luxury goods group Louis Vuitton Moet Hennessy (LVMH).
The Lord Chancellor, Lord Falconer, announced on Friday (29 October) that Hugh Beale QC has been reappointed as a Law Commissioner for a second term.
Protocol test U-turn sparks ‘sea of interpretative uncertainty’ for IP players. By Steve Hoare
Lovells has launched a standalone tax practice in Spain with the appointments of the former Spanish director general of taxation Miguel Ángel Sánchez (left) and former deputy director general of tax policy Alfonso Padilla. Sánchez, who will be based in Madrid from 2 November, joins as a partner with former colleague Padilla. The hires are in line ...
The Lawyer can exclusively reveal that Manchester United’s shareholder group, Shareholders United, has taken on US firm Weil Gotshal & Manges to help it fight Malcolm Glazer’s takeover bid.
DLA and North West firm DWF Solicitors have both secured places on a newly-formed real estate panel for the Manchester Airport Group (MAG).
Nabarro Nathanson advised Sloane Blackfriars Limited on its £170m acquisition of Unilever House after Mayer Brown Rowe & Maw (MBR&M) was forced to pass on the instruction because of a conflict of interest.
A row has broken out over a proposed European directive on mediation published on 22 October.
Memery Crystal has bolstered its commercial property practice with the appointment of three partners from London law firm Park Nelson.
Mishcon de Reya has bolstered its corporate practice with the appointment of two partners from US firm Kilpatrick Stockton.Nick Davis and Susan Breen, both partners at the Atlanta firm’s London office, will join Mishcon as partners in the corporate department later this month.
Pannone & Partners has landed a place on National Accident Helpline’s panel. Pannones’ travel and tourism department will be handling foreign accident cases for the helpline, which was established in 1993 to help accident victims claim compensation. All the member firms are part of the Law Society’s personal injury panel. Pannones travel and tourism head Andrew Morton said the appointment demonstrates the firm’s expanding presence in the sector.
News Corporation general counsel Arthur Siskind has quit his role at the Australia-based media giant. He is stepping down on 31 December after 30 years with the company to become senior adviser to the chairman Rupert Murdoch. Deputy general counsel Lon Jacobs will take over the role in early 2005. First revealed on www.thelawyer.com 26 October
Norton Rose has finalised a deal that will see the firm move into new Foster and Partners-designed headquarters in 2007. The building is to be built by developers More London, and Norton Rose has agreed bespoke elements, including layout, with Foster and Partners. It will be situated near City Hall on the south bank of the Thames and will total 340,000sq ft. Foster and Partners is responsible for several ...
Norton Rose Middle East outfit buoyed by triple projects scoop" /Norton Rose’s Middle East practice has been boosted by the announcement of three new project finance clients.
Simmons & Simmons is set to lose its eleventh partner in the space of two months with corporate star Ed Lukins joining the London office of Morrison & Foerster (Mofo).
The Bar Council’s new direct access rules leave barristers wide open to negligence claims
Merger suitors DLA and Piper Rudnick have issued a battle cry to finance practices in London and New York after announcing plans to attack capital markets following their anticipated December merger. Management from both firms last week revealed plans to target corporate finance and capital markets in both New York and London.
Taylor Wessing’s quiz night expertise, as recounted in a recent Tulkinghorn (4 October), was evident once more as the firm triumphed in business advisory and accountancy firm Mazars’ annual legal challenge quiz.
A slew of law firms has returned excess office space to the rental market while rental prices are still rock-bottom, after overestimating their spatial needs.
Fourteen UK firms contribute 18 per cent of the £29.5bn total revenue of the Global 100; US leaders untouchable on profit
Richards Butler has bolstered its insurance and reinsurance group with the lateral hire of Hill Dickinson partner Chris Zavos, who joins as a partner in London. Zavos has expertise in the marine and energy insurance sectors. At Hill Dickinson, Zavos advised underwriters on coverage issues in a broad range of hull, cargo, energy, yacht, construction and liability issues.
The little and Large of law caused much mirth at Clifford Chance recently following a trip to the gym. Perhaps the circuit training was particularly strenuous that day, or maybe the high-carb diet was at fault, but for some inexplicable reason the firm’s tallest, gangliest partner apparently took it upon himself to dress in his vertically challenged chum’s clobber.
Sidley Austin Brown & Wood’s hire of Linklaters structured finance star Richard Hughes has already paid dividends, with the firm winning the mandate to advise on MBNA’s latest note issue.
SJ Berwin has bolstered its German practice with the appointment of the former head of legal and fund development at WestAM, the asset management division of WestLB Group.
Opening arguments are far longer in the UK than in the US and long may this continue. By John McDonnell QC
You know how niche media firms are always banging on about how the last thing they want is star-struck wannabe-famous lawyers? Well, Tulkinghorn is now convinced that the same is absolutely not true of in-housers.
Gavin McCartan is the first solicitor to be jailed by the proceeds of crime legislation. It’s easy to see why the profession might be getting paranoid. Jon Robins reports
Stress management needs the support of the whole firm – starting from the top. By Carole Spiers
The Paris office of Sullivan & Cromwell has scored a massive coup by recruiting Dominique Bompoint from Clifford Chance.
Taylor Wessing has established its first permanent presence in Dubai, which it hopes to expand after Christmas.
Scotland’s Court of Criminal Appeal has dismissed claims of an unfair trial in the Transco case. But the jury debate is set to continue. By Craig Connal QC
The Boston Red Sox’s first World Series title since 1918 came last week (for those genteel readers who don’t know, they’re a baseball team). It’s being billed as one of the most startling sporting results of all time.
Michael Laver, managing partner, Stevens & Bolton
Bird & Bird’s office in the Hague (Armand Killan, Harry Rek) has signed a cooperation agreement with the European Space Agency which will see the firm advising on the commercial use of the International Space Station.
SJ Berwin has ramped up its new standalone international arbitration practice by entering into formal agreements with special counsel in India, China and Austria.
Larger firms suggest conflicts are getting out of hand. Which is why the courts are seeking a compromise between client confidentiality and the realities of business. By David Halpern
Walker Morris has scored a victory in the High Court on behalf of client Cleveland Bridge in the Wembley Stadium litigation. The steelworks company had sued contractors Multiplex for breach of contract in June following the successful erection of the new signature arch. A decision handed down last week ordered Multiplex to pay Cleveland Bridge £1.95m. A further damages claim exceeding £20m has been ...