14 June 2010
The Lawyer
Innocent’s loss
The FSA’s pursuit of Andrew Rimmington and two others for insider trading failed when all three were found not guilty. But is it fair that the loss of his job can be written off as collateral damage?
A&O, Links aid Britvic move on French rival
Allen & Overy (A&O) and Linklaters have helped beverage company Britvic in its acquisition of a French rival, in a move that gives it a foothold in the substantial French soft drinks market.
Accenture invites tenders in legal rejig
Global management consultancy and outsourcing and technology company Accenture is preparing to overhaul its legal roster.
Asda establishes new head of legal position
ASDA is creating a head of legal role as the supermarket chain expands into city centres.
Camerons in on €2bn wind farm joint venture
CMS Cameron McKenna has advised on a joint venture to create a major wind farm development off the coast of North Wales.
CC Euro competition head jumps ship for Skadden
CLIFFORD Chance has lost the global head of its European competition and regulation group, with partner Simon Baxter defecting to US firm Skadden.
Clydes posts £7m increase in turnover
CLYDE & Co has reported a four per cent rise in turnover for the 2009-10 financial year, up from £185m to £192m.
Cruising in the Med
As Cyprus establishes its legal market’s standing on the world stage, James Swift asks lawyers on the island where they see themselves following the downturn and Greece’s travails
Dispute resolution laid bare by top panel
?The Lawyer Debate on Dispute Resolution, 8 June 2010: THE LAWYER’s first town hall debate on dispute resolution took place last week (8 June), with a stellar panel and an audience of general counsel and City litigators.
Dorsey’s Short shrift
This week we’re running an exclusive interview (here) with Andrew Rimmington, the Dorsey & Whitney partner who was charged with insider dealing by the FSA, but who was acquitted.
Freshfields and Ashurst guide £860m ABB offer for Chloride
Ashurst and Freshfields Bruckhaus Deringer have landed the key mandates on Swiss engineering group ABB’s recommended offer for power equipment supplier Chloride.
Initial results point to an increase in profitability
Firms are not necessarily billing as much as in 2009, but the majority are more profitable than they were a year ago, according to an overview of the results from the first practices to report their figures for the 2009-10 financial year.
Kinstellar conquers Turkey’s ‘protectionist environment’ with launch of CCAO
Kinstellar has opened in Turkey through the creation of a new firm, which it has called CCAO.
Latest departures at Ashurst put client loyalty under the spotlight
City firm insists it is still a major force despite loss of top talent.
Mexican wave is the model outsourcing arrangement
Last week’s story about Freshfields Bruckhaus Deringer looking to build a national referral framework with regional firms highlights how legal market trends come in and out of fashion.
New chair prompts shake-up at Eversheds
Eversheds is to reshuffle a number of its management roles in the wake of litigation and arbitration partner John Heaps taking on the chairman’s post last month.
Paul Hastings and Norton Rose act on first White Tower sale
Paul Hastings and Norton Rose have advised on the first property in the White Tower portfolio to be sold, after the buildings were put into administration last year.
People moves
Addleshaw Goddard has appointed Jonathan Watson as legal director of its financial regulation practice.
Stepping up at Simmons
Meeting the Attorney General at Downing Street to receive an award, hugging Alistair Darling’s wife and taking turns to sit in the former Chancellor’s chair (consensus: comfortable) - all taken in their stride by boys participating in the ’Step Up’ project, a collaboration between The Twist Partnership, a not-for-profit consultancy, and Simmons & Simmons.
The cable guy
Liberty Global head counsel Jeremy Evans was the man behind the groundbreaking acquisition of Unitymedia. He tells Andrew Pugh about overcoming the deal’s challenges in record time
Tulkinghorn: Witch's way to go
Rumours are flying around the City about the real reason for former Addleshaw Goddard litigation department head Simon Twigden’s decision to depart.
Why Kirkland’s PE swoop is the start of an aggressive new era
?Chicago firm emulates Weil Gotshal with UK investment.
Work Life Quiz: Patrick Somers, Berwin Leighton Paisner
What was your first-ever job? Hotel porter.
