15 October 2001

The Lawyer

  • Breaking News: Allen & Overy is close to agreeing a deal to make Spitalfields market home to its new headquarters.

    15-Oct-2001

    The firm's backing for the £750m Spitalfields choice on the edge of the City follows a weekend partnership meeting.

  • Breaking News: Clyde & Co moves into Yugoslavia

    15-Oct-2001

    Clyde & Co has opened in Belgrade, Yugoslavia. It is the first City firm to open in the area

  • Breaking News: Travers Smith launches in Germany

    15-Oct-2001

    TSB dumps UK-only strategy and attacks German market with Berlin hire

  • ABN Amro hire boosts in-house legal in Asia

    15-Oct-2001

    ABN AMRO has boosted its in-house derivatives capacity in Asia with the hire of Tony Corcoran as regional counsel with responsibility for lending operations and derivatives throughout North East and South East Asia.

  • Addleshaw Booth & Co (Paula Dillon) advised Highstone Estates, part of the Paul Sykes Group,

    15-Oct-2001

    on its £26.5m acquisition of 101 Barbirolli Square, Manchester, from Hermes Property Asset Management. Hermes advised by Maxwell Batley (Orla O'Sullivan).

  • Addleshaws launches health and safety unit

    15-Oct-2001

    Addleshaw Booth & Co has created a specialist health and safety unit today (15 October) to coincide with European Health and Safety Week.

  • Air support

    15-Oct-2001

    The European Commission doesn't like it, but can it stop governments buoying up their flagship airlines? Jon Robins investigates the fallout from 11 September

  • Allen & Overy (Stephen Kensell) advised JP Morgan and Mediobanca - Banca Di Credito Finanziario

    15-Oct-2001

    on a euro8bn (£5bn) revolving credit facility for Telecom Italia. Slaughter and May advised Telecom Italia.

  • Argent St George sticks with Lovells for £1bn job

    15-Oct-2001

    Lovells has advised leading UK developers Argent and St George on an innovative contract which marks a turning point in the £1bn regeneration scheme for King's Cross.Argent St George, a joint venture between the two developers, has entered into an acquisition and development agreement with London & Continental Railways (LCR) and Exel over the 50-acre site, which is north of King's Cross mainline station.LCR, advised by Herbert Smith, is responsible for the high-speed Channel ...

  • Ashurst Morris Crisp (Erica Handling) advised JP Morgan

    15-Oct-2001

    as the lead arranger on a collateralised debt obligation for Intermediate Capital Group (ICG). Ashursts (Michael Smith) also advised ICG.

  • Ashurst Morris Crisp (Jan Sanders) advised Barclays European Infrastructure

    15-Oct-2001

    on the acquisition of shares in a special-purpose vehicle (SPV) involved in an £85m schools PFI in Liverpool. Linklaters & Alliance advised AXA Investment Managers UK and Barclays Bank, which financed the SPV. Addleshaw Booth & Co advised SPV shareholder Jarvis.

  • Berrymans reshuffle sees new head for London office

    15-Oct-2001

    Taylor makes way as Capstick takes up City reins; local focus to plug gaps left by national spread

  • Brandford-Griffith quits Veil Armfelt with M&A team to launch own firm

    15-Oct-2001

    Paris boutique to look for UK best friend as corporate star targets global work

  • Brief Encounter: Wacks Caller

    15-Oct-2001

    Wacks Caller likes playing with the big boys and rapid growth shows it can

  • Camerons speeds past Linklaters for Railtrack work

    15-Oct-2001

    CMS Cameron McKenna has derailed Linklaters & Alliance as the Government's main adviser on Railtrack.

  • Caught in the net

    15-Oct-2001

    Bird & Bird CEO David Kerr is determinedly weathering the technology storm, convinced that dotcom consolidation is just around the next corner

  • China's entry to WTO opens up joint venture opportunities

    15-Oct-2001

    Joint legal ventures could soon be an option for foreign law firms looking to crack the difficult Chinese legal market.

  • Clyde & Co helps ailing Lloyd's member

    15-Oct-2001

    Clyde & Co's investment in the insolvency market is already starting to pay off, with its latest instruction coming from Mike Jervis and Beth Rees at Grant Thornton. A team led by Mark Fennessy has acted for Riverside Corporate Underwriters on its provisional liquidation.Riverside, a corporate member ...

  • Cobbetts consolidates its pro bono initiatives

    15-Oct-2001

    Manchester firm Cobbetts is launching its first firmwide pro bono scheme.

  • Covington to take on trainees in London

    15-Oct-2001

    The London office of Covington & Burling has underlined its strategy of organic growth in the UK by launching a trainee scheme.

  • David Lock MP joins Littletons

    15-Oct-2001

    David Lock MP, who has just finished his term as parliamentary secretary in the Lord Chancellor's Depart-ment, has joined Littleton Chambers as a door tenant.

  • Davis Polk associates get empty stockings

    15-Oct-2001

    Slaughter and May's best friend in New York Davis Polk & Wardwell has cancelled Christmas for its lawyers.

  • Davis Polk opens in Madrid

    15-Oct-2001

    US firm builds nest for lawyers stationed in Spanish capital; plans to boost Latin American practice

  • De Montfort shuts down Birmingham law school

    15-Oct-2001

    De Montfort University has been forced to close its second law school this year.

  • Deal of the week - One 2 One

    15-Oct-2001

    A&O and Kemp Little handle UK's first 3G cost-sharing

  • Dentons first firm to step into Uganda

    15-Oct-2001

    Denton Wilde Sapte has become the first major UK firm to target Africa via an association with Uganda's Kampala Associated Advocates.

  • Dewey Ballantine opens in Texas

    15-Oct-2001

    Dewey Ballantine is opening an office in Houston after taking on Alan Gover from Weil Gotshal & Manges.

  • DJ Freeman (Antoinette Jucker, Tony Leifer) advised Xtreme Information

    15-Oct-2001

    on a management buyout in conjunction with Veronis Suhler International, advised by Ashurst Morris Crisp (Graeme Ward, Jonathan Angell).

  • DLA (Philip Butler, Alex Monk, Alison Gowman) advised Barclays Bank

    15-Oct-2001

    on a debt facility to help fund a management buyout of the Early Learning Centre from John Menzies. Osborne Clarke (Greg Leyshon, Roma Linton) advised equity stakeholder 3i. Dechert (Dick Russell) advised the management.

  • Eversheds nets Man City FC to defend Royle action

    15-Oct-2001

    Kuit Steinart conflicted out of contract clash as ex-manager claims foul play

  • Field Fisher e-government team wins Lewisham work

    15-Oct-2001

    Field Fisher Waterhouse worked with two in-house teams in completing the final stage of a £60m e-government project for the London Borough of Lewisham.The project involved the outsourcing of the council's IT and internet services to comply with Government plans to put council services online by 2005.Head of IT and e-commerce Michael Chissick led the firm's e-government ...

  • Fladgates open for Shoosmiths partner

    15-Oct-2001

    Midlands-based firm Shoosmiths has lost partner David Bickford in a defection to London-based Fladgate Fielder.

  • Formula One boosts in-house legal team

    15-Oct-2001

    Bernie Ecclestone’s Formula One (F1) management group has expanded its in-house legal team with a hire from Memery Crystal.

  • Freshfields' balls dropped

    15-Oct-2001

    Despite - or perhaps because of - the worst weather in the history of the tournament, the Taylor Root Law Society Sevens 2001, supported by The Lawyer Group, was won by Clyde & Co. The firm beat the bookies' favourites, holders and 11-time winners Freshfields Bruckhaus Deringer by a resounding ...

  • Gianni set to expand domestic reach

    15-Oct-2001

    Linklaters' Italian ally Gianni Origoni Grippo & Partners plans to open further offices in Italy and strengthen practice areas to become a full-service firm.

  • Gordon Dadds (Michael Jepson, Ben Crichton) advised the management of WT Foods

    15-Oct-2001

    on a £128.5m buyout and refinancing of the company. Ashurst Morris Crisp (Robert Ogilvy Watson, David Carter) advised acquiring company WT Tiger Three and Bridgepoint Capital, which will control 82.55 per cent of the shares. Allen & Overy advised Rabobank International Leveraged Finance, which will provide £79.2m ...

  • Healthy breakfast?

    15-Oct-2001

    We are all aware that the recession is closing in, but who knows how bad it is really going to be. Catrin Griffiths reports on a breakfast briefing that predicted the future of the economy

  • Highway to sell

    15-Oct-2001

    Now, if you were a road, which road would you be? This may sound like a stupid question, but the choice of Leeds-based firm Lupton Fawcett borders on the ridiculous.Unlike Tulkinghorn, who if pushed would have to plump for London's Mincing Lane, Lupton Fawcett has opted for the M1. Yes, the firm really wants to be one of the most dangerous, unpleasant and crowded motorways in the country.

  • Knowles knows

    15-Oct-2001

    Last Tuesday witnessed the DLA Art Awards. Tulkinghorn was dismayed that there were no landscapes, and while tempted by the large glass and water sculptures on show that would house Tulkinghorn's goldfish admirably, he baulked a little at the prices.However, DLA managing partner Nigel Knowles has an eye for a bargain, as Tulkinghorn discovered reading down the entry list, complete with prices. The award is a prize of £5,000 and the guarantee that the firm will buy one ...

  • Law Society poised for court battle to recover Southall costs

    15-Oct-2001

    The high Court is set to hear a claim by the Law Society for the £280,000 it spent in the biggest raid in its history.

  • Leader

    15-Oct-2001

    The news that De Montfort University has closed its LPC course in Birmingham and Wolverhampton are its local rivals, and neither has anything like the same take-up among commercial firms. What's more, in a move that can surely not be coincidental, De Montfort has recommended to its students that they transfer over to the College of Law.The College of Law - stung by its pointed omission from the consortium of LPC providers chosen by the City Eight - has clawed back large ...

  • Legal Widow

    15-Oct-2001

    The Lawyer has been struck down by a nasty virus and has spent the last week at home with me. It's not often you have a companion to tell you that he doesn't like his shirts being ironed collar first, but frankly the charm of an altered routine wore off by lunchtime.He has occasionally made it to the computer to run over some documents emailed to him by his secretary, although he spent most of the time on the company website, pulling up the various partners' photos and laughing ...

  • Lovells rebuilds private equity with hire of Baird

    15-Oct-2001

    Lovells' private equity practice has fought back against the loss of its star performer to Skadden Arps Slate Meagher & Flom with the hire of Derek Baird from Dickson Minto.

  • M&A figures reveal top players

    15-Oct-2001

    While Freshfields and Linklaters take the top spots as team players, Slaughters' Underhill pushes out alone on value

  • Magnetic North

    15-Oct-2001

    The regional bar has long lived in London's shadow. But as Eleanor Levenson reports, tactics springing from a greater determination to retain top-quality work are paying off

  • Mansell ditches Masons for regional firm

    15-Oct-2001

    City-based construction specialist Masons has lost out to Nottingham firm Freethcartwright, which has been appointed to act as national construction company Mansell's primary adviser.

  • Maples lures Sidley partner to City office

    15-Oct-2001

    Sidley Austin Brown & Wood is losing securitisation partner Margaret Boswell to the London office of Cayman Islands firm Maples and Calder Europe.

  • Maxwell Batley acts on Hermes acquisition

    15-Oct-2001

    Maxwell Batley has advised investment manager Hermes on the sale of Thatcham Business Village, Berkshire, to property investment group Good Harvest.The relationship goes back to Hermes' previous incarnation as Postel, the in-house manager of the UK's unified Post Office pension plan and manager for the BT pension fund after its privatisation in 1983. It changed from Postel to Hermes in 1995, reaching its present format after the BT fund bought out the Post Office fund's ...

  • Middletons Moore & Bevins splits after ten-year marriage

    15-Oct-2001

    'Differences in direction' blamed after financial integration talks founder; firms set to go head-to-head

  • Morgan Lewis gets rid of 50 associates

    15-Oct-2001

    US firm Morgan Lewis & Bockius has responded to the sluggish economy by laying off 50 associates.

  • Nabarro Nathanson (Nick Collins) advised Credo Properties International

    15-Oct-2001

    in its purchase of Millennium Bridge House, EC4, for £91.4m. The transaction took place through special-purpose company Millennium House Investments, which acquired the property from Karl H Pepper Real Estate England. Linklaters & Alliance (Jeffrey Bailey) advised Karl H Pepper.

  • News in brief

    15-Oct-2001

    A round up of stories from the UK and around the world

  • No office and set fees for Rouse's new firm

    15-Oct-2001

    Peter Rouse, who founded Rouse & Co in 1990, is returning to the law - and wants to revolutionise legal practice by setting up a collaborative commercial law firm.

  • NY firms in WTC pro bono push

    15-Oct-2001

    Top US law firms in the UK follow New York lead by offering free legal advice worth millions for victims' families

  • NY lawyers pledge not to make a penny from WTC victims

    15-Oct-2001

    New York lawyers have signed up to a pledge not to make money from claims relating to the World Trade Center attack.

  • Opinion

    15-Oct-2001

    In June, the Law Society Regulations Review Working Party (RRWP) issued a consultation document on the reform of the rules on conflicts of interest. This document is of vital importance to all major national and international law firms and their clients.The RRWP draws heavily on a report by the City of London Law Society (CLLS) published last year. It sought to achieve a balance between the objectives to: ensure that clients receive impartial advice untainted by conflicting interests ...

  • Philippines drafts new money laundering law

    15-Oct-2001

    The Financial Action Task Force (FATF) has to decide if new anti-money laundering legislation, rushed into the Philippines’ statute, is satisfactory.

  • QXL general counsel to slash legal spend

    15-Oct-2001

    QXL has taken on a new general counsel, who plans to slash the company's legal spend by 75 per cent.

  • Readie readie catchie Birdy

    15-Oct-2001

    Tulkinghorn has always been staggered by the percentage of the population who believe the term 'honest lawyer' is an oxymoron. But Bird & Bird has helped in Tulkinghorn's quest to show that if you want to know the truth, ask a lawyer.He was browsing the firm's website the other day (if Tulkinghorn was any more modern, he would be in the 22nd century) when he noticed a rather ...

  • Real estate

    15-Oct-2001

    So Rowe & Maw is doing a Dechert. As The Lawyer revealed last week, the identity of its US sweetheart has yet to become clear as rivals Mayer Brown & Platt and White & Case compete for the prize.But needless to say, either suitor ...

  • Sidleys and Dentons in heavyweight restructuring

    15-Oct-2001

    Sidley Austin Brown & Wood and Denton Wilde Sapte are advising Federal Mogul Corporation in one of the largest cross-border restructurings to date.Federal Mogul's UK and US subsidiaries simultaneously filed petitions on 1 October for administration and chapter 11 proceedings respectively. Sidley's US office has a longstanding relationship with Federal Mogul and brought in Dentons to advise ...

  • Simmons on brink of Nolst Trenité merger

    15-Oct-2001

    Final stages of talks with Rotterdam firm; Dutch deal to complete European reach

  • SJ Berwin (Steven Davis) advised nCoTec Ventures and Royal Bank Ventures

    15-Oct-2001

    in a euro10m (£6.26m) investment round in elata. Bond Pearce (Stephen Pierce) advised elata.

  • Solicitors face slew of claims after House of Lords decision

    15-Oct-2001

    At least 100 cases against solicitors for negligent advice to wives who handed over their assets to their husbands as loan security are likely to go ahead after a House of Lords ruling last Thursday.

  • Stevens & Bolton (Tudor Alexander) advised Equinox Converged Solutions

    15-Oct-2001

    on its agreement to supply and maintain a broadband system infrastructure for the London Grid for Learning (LGfL) project. LGfL, a consortium of all 33 local education authorities in London, was advised by DLA (Michael Longden, Stewart James).Bevan Ashford (David Hunter) advised Swindon & Marlborough NHS Trust on a PFI residential accommodation deal for staff at its new Commonhead hospital. Unite Integrated Solutions will provide the accommodation. Unite advised by Beachcroft ...

  • Sullivans seduces Freshfields partner

    15-Oct-2001

    New York firm Sullivan & Cromwell has succeeded in prising the Goldman Sachs relationship partner from the Frankfurt office of Freshfields Bruckhaus Deringer.

  • The bar's black sheep?

    15-Oct-2001

    Fighting against the solid independence of individual practitioners and the employed bar's feelings of exclusion, the Bar Council has got its work cut out. Brendan Malkin reports

  • The knowledge

    15-Oct-2001

    Satish Mistry is the new head of legal at the London Borough of Waltham Forest. Eleanor Levenson reports on the man who, after working for six boroughs, knows London inside out

  • Weightmans takes Vizards team to open London office

    15-Oct-2001

    Liverpool firm responds to client pressure; professional indemnity a key target