15 January 2001

The Lawyer

  • … and takes on Landwell partner in Paris

    19-Jan-2001

    Haarmann Hemmelrath in Paris is poaching a partner from Landwell, the legal arm of PricewaterhouseCoopers (PwC).Alfred Fink, who heads the German desk of Landwell's Paris office, will join Haarmanns in April. He currently heads a team of eight lawyers who advise German clients on tax, M&A and capital markets.One source says that conflicts of interest with PwC's auditing clients make it difficult to win high-profile transactional work.Haarmanns' ...

  • 7 Bedford Row loses Owen

    15-Jan-2001

    Chris Owen, 7 Bedford Row's highly respected senior clerk, is leaving the set and may quit the profession entirely.Owen says: "Although I've had a very happy 12 years in these chambers, after 21 years as a senior clerk it's time to seek fresh challenges. I'm pleased to have chambers' support and that is why I've decided to give 12 months notice."Head of chambers David Farrer QC, who has worked with Owen for the past 25 years, says: ...

  • A bunch of knotters

    19-Jan-2001

    Wragge & Co is widely regarded as one of the main drivers behind the emergence of Birmingham’s legal community as a force to be reckoned with. Or so Quentin tells Tulkinghorn on a regular basis. But Tulkinghorn is disappointed to discover that Wragges lawyers are just like those everywhere - prone to embarrass themselves at the merest whiff of a barmaid’s apron.The above picture was taken ...

  • A stake in the future

    15-Jan-2001

    The idea behind stakeholder schemes was a good one - give low earners a vehicle in which they can save safely and at a low cost through their employer, with all contributions deducted at payroll.Like all good ideas, it is great in theory, but although stakeholder schemes do not come into force until October, it has already received heavy criticism for missing its target audience.The charges for stakeholder schemes are capped at 1 per cent ...

  • A VIEW FROM MADRID

    15-Jan-2001

    Over the past year or so there has been an increasing number of international firms moving into Spain. Mobility among lawyers is on the up and the recruitment of high-calibre practitioners is becoming increasingly difficult.

  • A YEAR AGO THIS WEEK

    15-Jan-2001

    Allied Domecq slashes in-house legal team

  • a year ago this week

    19-Jan-2001

    Bank set for first ever panel reviewThe Lawyer revealed that one of the biggest banks in the UK was launching its first ever domestic panel review.The National Australia Bank (NAB) had used UK firms including Addleshaw Booth & Co, Shepherd & Wedderburn, Dundas & Wilson ...

  • A&O steps up restructuring drive with Indonesian deal

    15-Jan-2001

    The Singapore office of Allen & Overy (A&O) has completed what is believed to be the largest restructuring for an Indonesian debtor since the economic crisis in 1997.

  • Alston & Bird completes NY takeover

    15-Jan-2001

    Atlanta firm Alston & Bird is taking over New York-based boutique Walter Conston Alexander & Green.

  • Arnold & Porter hires IP chief

    15-Jan-2001

    Washington DC firm Arnold & Porter is taking on a new global intellectual property (IP) and technology litigation head.

  • Back to his roots

    15-Jan-2001

    From lawyer to banker...and now back to lawyer. Dearbail Jordan talks to Jones Day's new finance partner Martin Bartlam, a man who his clients think is well worth the wait

  • Banking on the rich

    15-Jan-2001

    Coutts, private bankers to the royal family and the landed aristocracy, might still epitomise private banking in the UK more than any similar institution, but UK private banking faces some big challenges. Competition for private clients' money is greater than ever and is coming from every conceivable corner of the financial services industry.The management of wealthy clients' money has never been such good business. Last year might not have been such a good one ...

  • Brief encounter: Burness

    15-Jan-2001

    Burness has, along with many other firms throughout Scotland and the UK, had a strong period of growth in 2000 and is optimistic as to what 2001 has to bring.But in other ways the firm differs from the crowd. Its managing partner Alan Stewart was the former head of legal at Clydesdale, and apart from a prolonged period spent as a partner in rival firm McGrigor Donald, has spent most of his time in commercial directorships and company boards.

  • Brief encounter: Mallesons

    19-Jan-2001

    Mallesons Stephen Jaques appears to be something of an Anglophile. UK merger talks have been high on its agenda in recent years. When the on-off talks with Clifford Chance finally collapsed last year, it was understood to have jumped straight back into UK negotiations, this time with Linklaters & Alliance.

  • campaigning Organisations

    19-Jan-2001

    Amnesty InternationalAmnesty is not a charity, but regards itself as a humanitarian organisation. Under charity law, its objects are political, as it seeks to change law and government policy in various countries. It does have a charitable arm for education and research activities, which fall explicitly within the ambit of charity law.Christian AidChristian Aid is a registered charity whose objects include the alleviation of poverty. It ...

  • case study: war on want

    19-Jan-2001

    War on Want is a registered charity set up to combat world poverty and promote human rights. It is involved in a dispute with the Foreign Office (FO) about the FO's decision to permit the export of gun parts to Morocco for use in its occupation of Western Sahara. War on Want believes that the Government is endorsing arms support to a disputed territory. The charity's campaigning body Wow Campaign has taken legal advice from Stephen Grosz, head of administrative law at Bindman ...

  • CORPORATE

    15-Jan-2001

    The Royal Bank of Scotland completes £125m outsourcing deal involving its UK facilities management services to Stiell. The Royal Bank of Scotland advised by Dundas & Wilson (Carol Grieve). Stiell represented by Maclay Murray & Spens (Magnus Swanson).

  • CORPORATE

    15-Jan-2001

    Bodycote buys US-based Lindberg for $164m (£109.9m). Bodycote advised in the UK by Eversheds (Edward Pysden), and in the US by Pray Walker Jackman Williamson & Marlar (Terry Doverspike) and Jones Day Reavis & Pogue (Jere Thomson). Lindberg advised by Bell Boyd & Lloyd (John Bitner).

  • CORPORATE

    15-Jan-2001

    Fairview Holdings completes £307m public to private deal backed by 3i. Fairview advised by Dechert (David Vogel). Financial adviser Close Brothers. Newco advised by Travers Smith Braithwaite (Chris Hale). 3i and the Bank of Scotland advised by Osb

  • Dechert chief moves to the White House

    15-Jan-2001

    The head of the Washington office of newly-merged firm Dechert is joining the White House senior staff alongside president-elect George W Bush.

  • Digest

    15-Jan-2001

    Kemp & Co, the niche IT firm, has recruited Cable & Wireless public policy manager Anneliese Reinhold. She will join the firm as a regulatory policy consultant and will initially focus on consolidating the firm's work in the communications regulatory policy sector.

  • Dorsey boosts Brussels office with Trenité hire

    19-Jan-2001

    US firm Dorsey & Whitney is expanding its Brussels practice with the former head of competition from Dutch firm Trenité Van Doorne.

  • EUROSeA/PARK PLAZA

    15-Jan-2001

    Eurosea and Park Plaza are proving dream clients for Tarlo Lyons, providing a steady stream of work across the board as they develop and invest in the UK hotel industry. The firm acts on a substantial part of Eurosea/Park Plaza work. Last year it worked with them on their rapid growth in the UK, with the purchase of the Sherlock Holmes Hotel in London from the Hilton Group and the purchase of Queensborough House on London's Albert Embankment. The latter will be converted into a 550-room ...

  • Ever the twain?

    19-Jan-2001

    "What a really super guy - does a lot of work for charity; doesn't like to talk about it." Harry Enfield's DJ parodies Smashie & Nicey gave the UK charity sector a comic appeal, but with around a £24bn turnover in 2000, it is anything but a joke. There are now over 185,000 organisations on the charities register, and with an income larger than the many countries' gross national products, UK charities are obviously doing something right.But whatever it ...

  • Eversheds culls equity partners to hike profits

    15-Jan-2001

    Eversheds is slicing an estimated 10 per cent of equity partners in an attempt to boost profitability.The figure represents 20 partners, of whom 10 will be taken out of equity and will drop down to fixed-share status, whereby a partner is effectively still self-employed but receives a fixed salary. The remainder will be asked either to retire or leave the firm.Commenting on the ...

  • fairview holdings

    15-Jan-2001

    The public-to-private buyout of listed company Fairview Holdings kept the legal advisers involved on their toes. Norton Rose advised the Bank of Scotland, Barclays Bank, Lloyds TSB and the Royal Bank of Scotland on putting together the senior debt on the deal. Of those, three banks were responsible for funding the mezzanine layer of debt. Acquisition finance partner Andrew Bamber says it was unusual to ...

  • FINANCE

    15-Jan-2001

    New year, new job? Plenty of you must have resolved to update the CV, but how many of you would resort to joining the bean counters? Quite a few it would seem. Finance partners are the latest targets for the aggressive poaching of the accountancy-tied law firms, with both Andersen Legal and Tite & Lewis - Arthur Andersen's and Ernst & Young's firms - committed to building up finance.

  • FORUM: hedge funds

    15-Jan-2001

    Hedge funds seem to be the latest recipe for institutional investment success, generating even more work for excited law firms. However, some argue that the risk outweighs the return.They might not currently be available in the retail sector, but a number of banks and traditional asset managers are launching their own products. So are hedge funds the next big thing to hit the European private client investment market, or just another product with limited ...

  • Freshfields boosts Amsterdam finance practice

    15-Jan-2001

    Jeroen Thijssen, one of Holland's most senior finance lawyers, has been a partner at Nauta Dutilh since 1985. He joins Freshfields Amsterdam office as a partner. His arrival boosts the operation, which opened in May 1999, to 14 partners and 40 associates. Thijssen's departure from Nauta Dutilh comes only months after the resignations of chairman Henri Ophof and managing partner Job van der Have. Nauta Dutilh, along with the ...

  • Freshfields-Chiomenti merger collapses

    15-Jan-2001

    Merger talks between Freshfields Bruckhaus Deringer and Italian magic circle firm Chiomenti e Associati have failed.The talks, revealed by The Lawyer in October, have foundered due to disagreements over lockstep. It is thought that the Italian partners are unwilling to slot into Freshfields' setup.Freshfields declined to comment, but a source close to ...

  • Herbert Smith builds up London US practice

    15-Jan-2001

    Herbert Smith has hired a US-qualified lawyer from Davis Polk & Wardwell's London office.Alex Bafi had been with Davis Polk since 1993 acting in the credit transactions, capital markets and M&A group.He joins Herbert Smith's corporate finance group and the firm's growing pool of US lawyers.The firm has two other US partners: Jim Wickenden ...

  • Hull & east yorkshire NHS trust

    15-Jan-2001

    Closed in time for Christmas, this was the fourth health scheme completed by Pinsent Curtis during 2000 and the project group's second for Hull & East Yorkshire Hospitals NHS Trust.

  • ICL turns to Barlow Lyde

    15-Jan-2001

    Barlow Lyde & Gilbert is to join the ranks of Masons and Linklaters & Alliance as core adviser to IT giant ICL.The Fujitsu-owned company does not have a formal panel, but it does have extremely close and longstanding relationships with Masons and Linklaters.Linklaters usually acts as ICL's corporate and M&A adviser, with Masons working on commercial transactions, but senior ...

  • Imagination run riot

    19-Jan-2001

    Tulkinghorn hopes the response to the above competition is a little better than the one hosted by Eversheds: to come up with a name for its new Manchester office. In a stunning display of creativity, the best the firm's collected wits could manage was… Eversheds House. Richard Eaton at Brobeck Hale and Dorr did the same thing for its conference rooms, his own offering being to name ...

  • Leading commercial property firms in Guildford

    19-Jan-2001

    Barlows specialises in commercial and corporate work and is well known for its commercial property practice. It has six partners.Charles Russell also has an office in Guildford. Following the merger with local firm Baldocks in September 1998, the firm has nine partners. It specialises in commercial property, commercial litigation, employment and private client.

  • LEGAL WIDOW

    15-Jan-2001

    The Lawyer is finally back at work after an extended holiday period, which saw him end up in A&E not once, but twice. "Oh yes he did," as I find myself saying in this season of pantomimes. We've got Jack and the Beanie Baby Stalk coming up at the local Alhambra (it's being sponsored - Liability is expecting to clean up in free rainbow bears).

  • Lister sets up planning group at 11 New Sq

    15-Jan-2001

    The new practice director at 11 New Square John Lister has established a specialist planning and public law group in response to the Administrative Court and the Human Rights Act.The former director at Clarendon Chambers was prompted to move to 11 New Square last September after the merger of 11 Bolt Court and 7 Stone Buildings. Three planning specialists - Simon Randle, Robert Lewis and Clive Moys - left Clarendon to join him shortly afterwards.New junior tenant ...

  • Lovells fights to shore up Doughty Hanson and PPM

    15-Jan-2001

    PPM Ventures and Doughty Hanson are scrutinising their future relationship with Lovells after the loss of their client partner.

  • Lovells fires up New York insolvency with new partner

    15-Jan-2001

    Lovells is ramping up its transatlantic contentious insolvency practice in New York and taking on a partner from boutique litigation firm Corbin Silverman & Sanseverino.Marc Gottridge, who has been a partner at Corbin Silverman for 15 years, will join Lovells as of counsel. He specialises in fraud-related litigation, particularly relating to insolvency.In New York he will work closely with Lovells insolvency and insurance litigation partner Gary Lee, who joined ...

  • Mayer Brown's new Valley office shuns capital markets

    19-Jan-2001

    Chicago giant Mayer Brown & Platt is opening an office in Silicon Valley in May, but is shunning the capital markets strategy adopted by others moving in.Instead of targeting flotation work, which has been popular with most non-Californian firms moving in, Mayer Brown plans to increase its general practice for existing corporate clients based in the Valley.The expansion comes ...

  • Methodology

    19-Jan-2001

    The research used information provided by online legal information provider Lawtel. The statistics, which relate to all civil litigation, save for immigration cases, were obtained for 22 of the UK's leading chambers. An appearance is recorded for a judgment handed down during the last judicial year, which ran from October 1999-July 2000. The outcomes of cross appeals, or short interlocutory applications, have not been recorded. Some barristers have since moved sets, but appearances ...

  • newbury college

    19-Jan-2001

    The Newbury College scheme is notorious in PFI circles. This pathfinder project further education sector is the first of such schemes to achieve financial close. Uncharted waters have brought with them numerous problems, not least the fact that there is no Secretary of State guarantee behind further education schemes - unlike PFIs in pretty much every other sector.Bevan Ashford has advised Newbury College from the outset more than four years ago. Altheimer & Gray was instructed ...

  • NHS hacks clinical negligence panel

    15-Jan-2001

    The National Health Service is slashing at least six firms from its clinical negligence panel in a review of its legal services.It is believed that Trowers & Hamlins, Mills & Reeve, Scrivenger Seabrook, Le Brasseur J Tickle, Davies Arnold Cooper and Crutes are all taking part in an NHS Litigation Authority (NHSLA) debriefing process which indicates that their services are no longer required.Last week, the NHSLA banned all chosen firms from talking to the press ...

  • NHSLA cuts legal panel

    15-Jan-2001

    Weightmans, Kennedys and Ward Hadaway are all believed to have won work from the NHS Litigation Authority in its long-awaited panel review.Six other firms have been slashed in the shakeup. One such firm is Scrivenger Seabrook, ...

  • Objects of desire

    19-Jan-2001

    "When I give food to the poor, they call me a saint. When I ask why the poor have no food, they call me a communist." With this comment, Brazilian priest Dom Hélder Câmara touches on the controversy felt by some UK organisations which undertake humanitarian or other worthwhile relief, but which are not charities under UK charity law. "You can deal with the consequences of injustice, but not the causes, under charity law," says a spokesman for Amnesty International UK.

  • One-stop shock

    15-Jan-2001

    The concept of the one-stop shop may sound simple, but in reality it has more turns than a Rubik's Cube. In the context of a leveraged buyout (LBO), the idea of just one law firm advising one or two investment banks on the structuring of senior and high-yield debt appears to be truly inspired. After all, the structuring of an LBO is just a means to an end, with the main goal as securing the debt to purchase a company. Or so advocates of the one-stop shop theory would have us believe.

  • Opinion

    15-Jan-2001

    Now that the time to start inputting data for the major legal directories has come round again (for most of us, at any rate) there again will be discussion as to whether alternative risk transfer (ART) has matured sufficiently to be an independent practice area in the directories. ART is undoubtedly developing, but it has yet to be recognised that, were accurate statistics available, the proportion of "alternative" premium written compared to traditional ...

  • Opinion

    19-Jan-2001

    It does not seem like only five months since the European Convention on Human Rights was incorporated, with much fanfare, into our domestic law. To a commercial or other civil litigator, human rights have already become a familiar feature of the legal landscape because of the number and variety of human rights points that have already been cropping up in the cases.Perhaps the most significant case so far has been the interim injunction application in Douglas ...

  • Oppenhoff reels from IP partner exodus

    15-Jan-2001

    Oppenhoff & Rädler's Cologne office is losing four of its intellectual property (IP) partners, leading to speculation that the firm is winding down its IP practice.Rainer Jacobs is setting up his own practice in Cologne and Joachim Wessel is joining BBLP Beiten Burkhardt Mittl & Wegener in Düsseldorf where he will establish an IP department.Peter Sambuc and ...

  • Pinsent Curtis and Biddle merge

    15-Jan-2001

    The new firm will be called Pinsent Curtis Biddle. Biddle managing partner Martin Lane will become London managing partner, replacing Pinsent Curtis incumbent Alan Greenough. The two firms aim to use the marriage to bolster their private equity work in the City. Greenough, who is also national corporate head, will led the team alongside Biddle partner Roger Fink. The hook up gives Pinsent Curtis Biddle 10 partners and a further 35 lawyers in ...

  • Pinsents wins property contract for NHS Estates

    15-Jan-2001

    NHS Estates, an executive agency of the Department of Health, has formalised its legal requirements for the first time by appointing Pinsent Curtis as commercial adviser.NHS Estates previously allocated legal work on a job-by-job basis and has not used Pinsents before.The firm's instruction as commercial adviser to NHS Estates is wide-ranging, covering contracts advice, intellectual property, IT, procurement, employment, litigation and VAT. The firm will ...

  • Pound advice

    15-Jan-2001

    At the end of last year, the Association of Solicitor Investment Managers (Asim) reported a record £3.7bn invested through its members, up £500m on the previous year.The non-profit-making association represents 43 full members and eight associate members, all of which run investment management firms or divisions that are either part of, or owned by, law firms.This coming year, though, will see a significant change in regulation for all members. Under ...

  • Private life

    15-Jan-2001

    After many years in the wilderness, private client departments have rediscovered a favourable profile, even at the leading City firms. At Macfarlanes, however, private client work has never been out of fashion. In fact, last year the department had the highest billable hours in the firm, despite its reputation as the Slaughter ...

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    CIT Group buys Alban Gate, 125 London Wall, from property company MEPC for £156m, with senior debt provided by Nationwide Building Society. CIT Group advised by Macfarlanes (Chris Field, David Sanders and Orla MacSherry). MEPC advised by Linklaters (Geoffrey Russell). Nationwide advised by

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    Arlington Developments buys Quarry Rigg Shopping Centre, Windermere, from Quarry Rigg Properties for £1.4m. Arlington Developments advised by Halliwell Landau (Geoff Marks). Quarry Rigg Properties advised by Hayton Winkley (Andrew Bromley).

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    Wellcome Trust buys two City properties, occupied by Sidley & Austin and DG Bank, with combined value of £39m. Wellcome advised by CMS Cameron McKenna (Edward Benzecry, John-Paul Davies, Naslee Parker). Vendors: Eagle Star advised by Simmons & Simmons (Stephen Elvidge); BFG Immobilien-Investment Gesellschaft advised by Nabar

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    Incubator company Technology and Internet Property Services (Tips) makes its first property investment with the £5.6m acquisition of a north west London office building. Tips advised by Kingsley Napley (Francis Weaver and David Moss). Vendor advised by Amhurst Brown Colombotti (Nigel Forsyth, Eric Gummers and Madeline Ball) and Robinson Rushen (Keith Rushen and John Quarmby).

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    Hull & East Yorkshire Hospitals NHS Trust signs £30m investment deal with project company Hull Maternity Development and facilities provider Dresdner Kleinwort Benson to create new maternity and gynaecology unit. Hull & East Yorkshire NHS Trust advised by Pinsent Curtis (Michael Boyd, Ingrid Hoffbauer, Dean Larder, John Cleland and Gareth Jones). Hull Maternity Development advised by Theodore Goddard. Dresdner Kleinwort Benson advised by

  • REAL ESTATE AND PROJECTS

    15-Jan-2001

    Eurosea Group and Park Plaza Hotels buy long lease of former office building to be converted into the Nottingham Park Plaza Hotel. Eurosea and Park Plaza Hotels advised by Tarlo Lyons (Philip Diamond, Jeremy Taylor assisted by Paul Murray). The vendor advised by Jerrard Saunders Donn (Warner Jerrard).

  • Real Estate and Projects

    19-Jan-2001

    Quintain Estates & Development buys 22 pubs and inns from Old English Pubs for £10.9m and enters agreement with Albion Pub Contracts to take over the running of the business. Quintain Estates advised by Manches (Peter Sugden). Old English Pubs advised by Taylor Walton (Mike Kelly). Albion advised by John Gaunt & Partners (John Steer).Hammersmith Hospitals NHS Trust disposes ...

  • Reportage

    15-Jan-2001

    The House of Lords' decision in White v White on 26 October 2000 heralded a revolution in the approach to the division of assets on divorce. This will have far-reaching implications for couples, their businesses and their advisers.For the first time, equality is the yardstick for dividing assets and, in general, this will not be departed from unless there is good reason for doing so. The contribution of the homemaker is equated to that of the breadwinner.The ...

  • Rowe & Maw boosts property department

    15-Jan-2001

    Rowe & Maw has continued its drive to grow its property strength with the hire of ex-Ashurst Morris Crisp partner Charles Leach.

  • Second committee recommendations

    19-Jan-2001

    The intake of local undergraduates to the Faculty of Law at the National University of Singapore will be increased. The number will increase from 150 to 185. This will then be increased again to 200.Graduates with law degrees from an additional 10 universities will be able to apply for admission to the Singapore Bar. These are: the universities of Liverpool, Sheffield and Warwick and SOAS in the UK; the universities of Melbourne, Monash, New South Wales and Sydney in Australia; ...

  • Shoosmiths commercial head leaves for Reed Smith Warner

    15-Jan-2001

    Shoosmiths has lost a company commercial head to Reed Smith Warner Cranston.Chris Hill's arrival today (15 January) comes just days after the merger of Pittsburgh firm Reed Smith and UK firm Warner Cranston finally came into effect on 1 January.Hill had been with Shoosmiths since 1992, where ...

  • Sidleys cleans up on synthetics

    15-Jan-2001

    The London office of Sidley & Austin has completed the first known synthetic securitisation in Europe on a portfolio of credit default swaps.

  • Silicon Valley profits soar despite technology slump

    15-Jan-2001

    Silicon Valley law firms made record profits last year despite enormous salary increases and a downturn in the technology market.

  • Simmons to export rail capability

    15-Jan-2001

    Simmons & Simmons has consolidated its position in the rail sector with an appointment to advise the Republic of Ireland on the policy framework for a IR£4.5bn (£3.6bn) Public Private Partnership (PPP).Simmons & Simmons won the work as part of a consortium led by Ernst & Young, which included WS Atkins, Fitzpatrick Associates and joint legal advisers Arthur Cox.The Simmons team is led by construction partner Richard Dyton, with Philip Wright and Adrian ...

  • Stibbe Simont commits to Continental strategy

    15-Jan-2001

    European firm Stibbe Simont Monahan Duhot has rebranded itself under the single name of Stibbe. This rebranding acts as confirmation of the firm's commitment not to seek an Anglo-Saxon merger.

  • Talking Shop

    15-Jan-2001

    With plans to open new stores and international expansion on the cards, the compact legal team at Debenhams certainly has enough to keep it occupied for the time being. Mary Murphy reports

  • Technology, Media and Telecommunications

    19-Jan-2001

    Geneva Technology merges with Ohio-based Convergys Corporation in deal worth $700m (£482m). Geneva Technology advised by Brobeck Hale and Dorr (Tom Kellerman) and Simmons & Simmons (Charles Fuller). Convergys advised by Simpson Thacher & Bartlett (Alan Klein) and Frost Brown Todd (Neil Ganulin). Financial adviser Salomon Smith Barney advised by

  • Technology, Media and Telecoms

    15-Jan-2001

    RiverSoft makes initial public offering on techMARK and Rule 144A placing. Issuer advised by Linklaters & Alliance (Derek McMenamin). Sponsor and sole bookrunner Morgan Stanley Dean Witter advised by Allen & Overy (Mark Dighero).

  • Technology, Media and Telecoms

    15-Jan-2001

    Cable & Wireless buys Baynton Thompson Networks to form Cable & Wireless BTN. Baynton Thompson Networks advised by Nabarro Nathanson (Barry Maytum). Cable & Wireless advised by Rowe & Maw.

  • Technology, Media and Telecoms

    15-Jan-2001

    Convergence Holdings completes share placing on AIM. Issuer advised by Taylor Joynson Garrett. Nominated adviser and broker Investec Henderson Crosthwaite advised by Field Fisher Waterhouse (Anthony Brockbank).

  • Testa Hurwitz hikes salaries for assistants

    15-Jan-2001

    Boston high-tech law firm Testa Hurwitz & Thibeault is reigniting the US salary war by hiking pay for assistants across the board.

  • The law is an ass

    19-Jan-2001

    These pages have been dominated recently by (male) lawyers making optimum use of their time by continuing to work even when relieving themselves. Tulkinghorn is sure you all remember the partner at a top 20 firm who regularly makes calls from his mobile while on the toilet, often to his longsuffering secretary, who has reported hearing toilet paper being pulled from the roll and flushing during the duration of a call. Said partner also insisted on being accompanied into the ...

  • The Leader column

    15-Jan-2001

    So Freshfields Bruckhaus Deringer is the only international magic circle firm without an Italian practice to call its own. In the same week that saw US giant White & Case announce its marriage to Varrenti e Associati (see page 11), Freshfields itself witnessed its talks with Chiomenti e ...

  • The one and only…

    19-Jan-2001

    Sue Ashton is the sole in-house lawyer for hotel giant Britannia, one minute doing employment work, the next sitting opposite a magic circle firm and holding her own in a multi-million-pound sale. Emma D’Souza reports.

  • The parity of charity

    19-Jan-2001

    Globalisation is causing many charities to set up international bodies, or to revitalise existing ones so as to coordinate their dispersed activities. It started with the larger organisations, such as the International Save the Children Alliance, but the trend is now growing.UK charities often set up overseas offices, and some coordinating bodies, such as the Red Cross' international federation Red Crescent, have been around for years, but there seems to be a current ...

  • The Personnelity

    15-Jan-2001

    Ask a group of HR managers to name the most over-used word in the workplace and there is a fair chance that "stress" would appear high on the list. While we live in an increasingly pressurised world with the workplace at the centre of this pressure, stress remains an elusive concept. One of the reasons it is so hard to deal with is that it is hard to be sure exactly what we are talking about. What is stressful for one employee is merely a bit of pressure for another. ...

  • The plan

    15-Jan-2001

    What exactly is a stakeholder plan?A stakeholder plan must be a defined contribution (money purchase) scheme. Its annual charges must not be more than 1 per cent of the value of the fund. The minimum contribution cannot be set at more than £20. The scheme must have its own trustees or stakeholder managers.What do employers have to do?By October 2001 employers must:- Consult with relevant employees and designate a stakeholder ...

  • the wellcome trust

    15-Jan-2001

    The acquisition of these two prime City of London properties makes a strategic addition to the Wellcome Trust's existing property portflio, extending its exposure in the City and bringing it up to a value of around £900m.

  • This man needs help

    19-Jan-2001

    Leslie Perrin (below). Now there's a man to conjure with: raffish, erudite, an ironic smile playing on his lips and with always a quip at the ready, Leslie is truly the Will Self of the West Country. Tulkinghorn has long been an admirer of The Lawyer's former celebrity columnist, recalling such gems as "The Law Society: Everything Must Go", "Our Houses Are Bigger Than Yours And Cost Half The Price", "Salary Wars? You're ...

  • Varrenti succumbs to White & Case embrace

    15-Jan-2001

    New York firm White & Case is merging with Italian corporate boutique Varrenti e Associati, providing the firm with a presence in Rome and Milan, with the new joint practice to be called Studio Legale White & Case Varrenti e Associati.

  • Virgin re-examines panel

    15-Jan-2001

    Currently the group uses Macfarlanes, Allen & Overy, Harbottle & Lewis and Cameron McKenna and Group commercial director Richard Bowker stresses that he is very happy with all those firms but believes there ...

  • Watson Farley wins two partners from DJ Freeman

    19-Jan-2001

    Leading asset finance firm Watson Farley & Williams has recruited two partners from DJ Freeman.Tax partner Christopher Comyn and corporate partner Jonathan Martin are still negotiating their departure dates. They will join Watson Farley as partners.Comyn and Martin say that the main reason for their departures is to take advantage of Watson Farley's international ...

  • White & Case in Italian merger

    15-Jan-2001

    The move gives the firm a presence in both Rome and Milan, with the new joint practice to be called Studio Legale White & Case Varrenti e Associati. Founding partner Alessandro Varrenti becomes an equity partner at White & Case, while his four other partners become local partners of the firm. Varrenti e Associati has 20 lawyers split equally between the two offices. Varrenti ...