18 December 2000

The Lawyer

  • A VIEW from poland

    18-Dec-2000

    Various alarming headlines have recently appeared in Poland's local press, berating, among other things, the shaky private sector and the cancellation of the 3G mobile phone tender. The Polish economy certainly seems to be slowing down after a number of years of strong gross domestic product growth. Unemployment looks set to increase, the current account deficit remains high, interest rates are way above neighbouring countries' and export figures are in need of a serious boost. So what ...

  • A&O joins Linklaters on RMC legal panel

    18-Dec-2000

    Allen & Overy (A&O) has ousted Linklaters & Alliance from its position as sole corporate adviser to building materials giant RMC Group.

  • Bail Investieement

    18-Dec-2000

    Bail Investissement, part of the ISM Group, buys 20 Farringdon Street, EC4, for £20m from Danish pension fund KP Group. Ball Investissement advised by Manches (Louis Manches, Matthew Cox and Stephen Goldstraw). KP Group advised by Penningtons (Roger Loveland and Peter McElligott).

  • Bank of Scotland

    18-Dec-2000

    Bank of Scotland has kept Herbert Smith permanently on its toes this year. The firm acted for the bank on its ultimately unsuccessful hostile battle against the Royal Bank of Scotland, which won control of National Westminster Bank in February. It is now acting for the bank on its merger talks with Abbey National, represented by Slaughter and May. Lloyds TSB also approached Abbey National, but its ...

  • bar talk

    18-Dec-2000

    It hasn't exactly been a bumper year for the commercial bar. Worrying statistics released recently by the Lord Chancellor's Department show that for 1999 the Queen's Bench Division (QBD) suffered a 37 per cent drop in writs and summonses issued since 1998, and many predict that it will be a similar story for 2000.It is a familiar tale - complaints about having to appear before masters, the growth of alternative dispute resolution - in particular ...

  • Bevan Ashford lands in Birmingham

    18-Dec-2000

    Bevan Ashford is opening a Birmingham office as it scales down its Cardiff operation.

  • Brief encounter: davies wallis foyster

    18-Dec-2000

    Clifford Chance's public international law partner, Rae Lindsay, is an advert for her job. Breezing into the room she looks more alert and on the ball than your average Joe, especially considering the fact that she spends most of her time travelling to the far corners of the globe."I am very lucky," she enthuses. "I have the best job in the City." ...

  • CC opens US securities in Singapore

    18-Dec-2000

    Clifford Chance is expanding its Asian US securities practice beyond Hong Kong.

  • Chambers fights back with client survey

    18-Dec-2000

    Knowles stands by decision to dump directories; Wheeler defends original report; The Legal 500 remains silent

  • Clyde & Co bags Rowe & Maw star

    18-Dec-2000

    Rowe & Maw has lost its head of regulation to Clyde & Co after just two years of being at the firm.

  • Coats viyella

    18-Dec-2000

    Manchester firm Chaffe Street picked up work on the management buy-out (MBO) of Coats Viyella's contract clothing division through a referral from Eversheds, which acted for the company itself.

  • Corporate

    18-Dec-2000

    Bank of Scotland offers £214m for Irish-based ICC Bank. Bank of Scotland advised by Credit Suisse Frist Boston (CSFB), Herbert Smith (David Paterson) and A&L Goodbody (James Dudley). ICC Bank represented by HSBC Investment Bank, ABN Amro, Norton Rose (Raj Karia) and Matheson Ormsby Prentice (Tim Scanlon).

  • Coudert moves senior partner for IT focus

    18-Dec-2000

    Coudert Scharmann, Coudert Brothers' German office, has relocated a senior partner to Munich.

  • Courting the world

    18-Dec-2000

    At the beginning of November, the Lord Chancellor's Department announced that it had hired big-gun consultants Ernst & Young and Cap Gemini to look into the business case for creating a new Commercial Court in London. The stated objective underpinning the proposal is "to increase the use of the UK as a global centre for dispute resolution", which will be achieved by creating "modern and responsive facilities focused on the needs of commercial users and ...

  • Cozens beefs up City insurance capability

    18-Dec-2000

    Philadelphia firm Cozen and O'Connor is hiring its first two UK-qualified insurance partners to boost its fledgling London office.

  • Deacons Asia and Australia in talks to create full merger HK Johnson Stokes hires fund partner

    18-Dec-2000

    Deacons Asia and Deacons Australia are in merger talks which if successful will create one of the largest firms in the Asia Pacific region.

  • DOCTOR SPIN

    18-Dec-2000

    And still no one is sure who has won. Legal battles in their wake, the two titans still fight for the ultimate prize. Amid allegations of bias, shady backroom deals and political machinations, the two candidates await their fate, and the public, knowing full well that they will probably never really notice the difference, yawns.Yes, the battle for the right to run that great British institution, the Lottery, is still being fought. ...

  • DOCTOR SPIN

    18-Dec-2000

    And still no one is sure who has won. Legal battles in their wake, the two titans still fight for the ultimate prize. Amid allegations of bias, shady backroom deals and political machinations, the two candidates await their fate, and the public, knowing full well that they will probably never really notice the difference, yawns.Yes, the battle for the right to run that great British institution, the Lottery, is still being fought. ...

  • Dotting the i's

    18-Dec-2000

    Are internet companies doomed? Not according to online personal finance company iii. Mary Murphy reports

  • Dresdner Kleinwort Benson

    18-Dec-2000

    This deal is a first for transport financing because Dresdner Kleinwort Benson has agreed to finance the manufacture of rolling stock before a train operator has been found to buy it. Dresdner will fund Alstom's manufacture of 200 passenger rolling stock vehicles for the London commuter market.

  • Equitable Life

    18-Dec-2000

    Equitable Life Assurance Society converts the Hercules Property Limited Partnership to a new unit trust constituted in Jersey. Equitable Life Assurance Society advised by Denton Wilde Sapte (Charles Green

  • Finance

    18-Dec-2000

    Dresdner Kleinwort Benson finances the manufacture

  • Finance

    18-Dec-2000

    Deutsche Bank AG London

  • Freshfields in securities alliance with Debevoise

    18-Dec-2000

    Freshfields plans joint assault on Euro capital markets;CC to fight for top spot in IPO wars

  • Freshfields loses City US partner

    18-Dec-2000

    Freshfields Bruckhaus Deringer is losing one of its London-based US securities partners, leaving the firm with just three specialists in the City.

  • Freshfields shakes up Asian group

    18-Dec-2000

    Freshfields Bruckhaus Deringer's Asian management team is undergoing a shake-up in response to the region's continuing economic recovery.

  • Garrigues merges with high-tech firm

    18-Dec-2000

    Andersen Legal's Spanish firm Garrigues & Andersen is merging with niche new technology firm Anguiano & Asociados.

  • Genemedix

    18-Dec-2000

    GeneMedix lists on the London and Singapore stock exchanges, raising £20m. GeneMedix advised by CMS Cameron McKenna. UK sponsor English Trust Company and broker Collins Stewart represented by Eversheds (Neil Matthews).

  • Graf von Westphalen splits after Osborne Clarke link-up

    18-Dec-2000

    The Frankfurt office of Graf von Westphalen Fritze & Modest, Osborne Clarke OWA's German ally, is splitting from the rest of the firm.

  • High Court HRA decision throws planning process into disarray

    18-Dec-2000

    Planning lawyers and their clients are facing uncertainty over the future of the planning process. This follows last week's High Court judgment that the Secretary of State's role as policy maker and decision taker on certain development proposals is incompatible with the Human Rights Act (HRA).

  • HK Johnson Stokes hires fund partner

    18-Dec-2000

    Hong Kong-based Johnson Stokes & Masters has recruited a managed investment partner from Blake Dawson Waldron.

  • International firm picks up new Spanish firm

    22-Dec-2000

    The merger will add a team of 40 lawyers and six partners, based in offices in Madrid, and will boost Baker & McKenzie’s local M&A and securities practice as well as adding tax capability.

  • Jonathan Sumption QC

    18-Dec-2000

    He might be known as the “Brains of Britain”, but heavyweight commercial silk Jonathan Sumption QC was lucky to get to the bar at all. Both of the chambers that had provided him with pupillage - 20 Essex Street (at the time 3 Essex Street) and Gordon Pollock QC’s magic circle set Essex Court (at the time 4 Essex Court) - rejected his tenancy applications out of hand. Sumption despaired until the efforts of Michael Mustill (now Lord Mustill QC) finally secured him a home at Brick Court, ...

  • KLegal apes KPMG's sector-based teams

    18-Dec-2000

    KLegal is starting an internal restructuring aimed at aligning itself more closely with accountancy sister practice KPMG.

  • Lathams boosts London M&A with partner move

    18-Dec-2000

    US firm Latham & Watkins is flying in a highly-rated M&A partner to London to cover a dip in capital markets work.

  • LEGAL WIDOW

    18-Dec-2000

    I don't know when children started seeing church as a sort of alternative Wacky Warehouse, but it was very different in my day. Why, you'd hardly have time to give the underside of the pew in front of you a swift kick, thereby waking up Mr Green with the sticky out ears, before you'd feel a stinging slap on your leg for your pains.

  • London Fire

    18-Dec-2000

    London Fire & Emergency Planning Authority (LFEPA) awards PFI contract for management and maintenance of vehicles and equipment to TLG Fire Services (TLGFS). LFEPA advised by Burges Salmon (Richard Wynn-Jones). TLGFS advised by Andersen Legal.

  • Lord of the manor

    18-Dec-2000

    Tony Grabiner

  • Lovells starts Dutch recruitment drive

    18-Dec-2000

    Lovells has already announced its first Amsterdam lateral hire following its vote to merge with Dutch firm Ekelmans Den Hollander.

  • Marketing the Target

    18-Dec-2000

    Nothing is simple, is it? Just as lawyers finally think they are getting the hang of this marketing lark, along comes someone with an even better idea on how to woo new clients.The big marketing departments - such as Freshfields Bruckhaus Deringer with its 60 staff - have become accustomed to the luxury of having marketeers specialising in every practice area. ...

  • Marplace

    18-Dec-2000

    Marplace completes a £12m management buy-out (MBO) of Coats Viyella's contract clothing business. MBO team advised by Chaffe Street (Robert Street). Coats Viyella represented by Eversheds (Daniel Hall).

  • Morrisons

    18-Dec-2000

    Morrisons buys railway land for new store development at Crewe and adds land to its Morecambe site for letting to non-food retailers. Morrisons advised by Gordons Cranswick (Richard Wilson). Vendors: DaimlerChrysler Rail Systems (UK), advised by Wragge & Co; Lime Developments advised by Andrew & Co; Frontierland advised by Bannister Bates & Son.

  • New board for Hogan & Hartson

    22-Dec-2000

    To be headed by new chairman Warren Gorrell, the head of the New York office, it will include Jeanne Archibald as managing partner of practice administration, Raymond Batla as managing partner of the international offices and George Mayo as managing partner of operations.

  • New world, new challenge

    18-Dec-2000

    Clifford Chance's rising star Rae Lindsay thrives on a challenge, and her task of heading the firm's new international unit is certainly that. Vanessa Pawsey reports

  • Opinion

    18-Dec-2000

    The new Attorney General's Guidelines on Disclosure of Information in Criminal Proceedings are an attempt, says the document, to strike "a fair balance between the respective needs of the participants in the investigation and trial process". The Criminal Procedure and Investigations Act 1996 introduced a new scheme for the disclosure of information by the prosecution, although serious concerns have been expressed about its operation throughout its three-year ...

  • PepsiCo

    18-Dec-2000

    PepsiCo acquires the Quaker Oats Company for $13.4bn. PepsiCo advised by Davis Polk & Wardwell (Winthrop Conrad and Paul Kingsley). Anti-trust advice provided by Howrey & Simon. Quaker Oats represented by Cadwalader Wickersham & Taft.

  • Real Estate

    18-Dec-2000

    Christmas is a time for giving, right? After toiling long and hard to maximise the shareholder value of quoted property companies, real estate lawyers are giving their corporate colleagues a generous piece of the action as a winter flurry of quoted property groups bids farewell to the stock market.

  • REVIEW

    18-Dec-2000

    Unleashing The Idea Virus, by Seth Godin, www.ideavirus.comIn the spirit of the season, this week's title is a gift, literally. Seth Godin's previous book Permission Marketing argues that "interruption advertising" is not working and that businesses need to form a relationship with the customer. He takes this idea a stage further in his latest book.You can buy Unleashing The Idea Virus on the internet from Amazon ...

  • Royal Bank of Scotland

    18-Dec-2000

    The Royal Bank of Scotland and Lloyds TSB Bank completes £100m syndicated loan facility for British Polythene Industries. Banks advised by CMS Cameron McKenna (Will Meredith). British Polythene Industries advised by Maclay Murray & Spens (Robert Laing).

  • Seven Wong partners form limited liability breakaway

    18-Dec-2000

    Suet Fern Lee heads new corporate boutique; litigationlooms acrimonious split

  • SJ Berwin hangs in limbo with iii

    18-Dec-2000

    SJ Berwin's position on online personal investment company Interactive Investor International's (iii) panel is in doubt.

  • the Leader column

    18-Dec-2000

    International securities throws up the strangest bedfellows - just ask Simmons & Simmons and Fried Frank Harris Shriver & Jacobson. For years, it has been assumed that Freshfields Bruckhaus Deringer would only ever do the US deal with Davis Polk & Wardwell or

  • The year dot

    18-Dec-2000

    If you weren't worrying about Germany, technology or assistant salaries this year, where were you? The first year of the third millennium has been characterised by a rush to the Continent, a drive into the new economy and a battle for the best young lawyers, which, combined with yet another turbulent year for the bar, made for 12 months of strategic manoeuvring gone mad. The German ball started rolling right at the beginning of the year when

  • Torys hires operating officer

    18-Dec-2000

    Canada-based Torys is taking on a chief operating officer to free up its managing partner to concentrate on client consultation.

  • UniCredito Italiano

    18-Dec-2000

    UniCredito Italiano arranges financing for Clayton Dubilier & Rice's acquisition of Italtel from Telecom Italia. Clayton Dubilier & Rice advised by Debevoise & Plimpton (James Kiernan

  • VLG opens in San Francisco as Silicon Valley rents soar

    18-Dec-2000

    Silicon Valley law firm Venture Law Group (VLG) is opening an office in San Francisco in an attempt to ease recruitment difficulties.

  • Wanadoo makes

    18-Dec-2000

    France Télécom subsidiary Wanadoo makes an all-share £1.6bn offer for Freeserve. France Télécom and Wanadoo advised by Norton Rose (Iain Wright), Gide Loyrette Nouel (Herve Pisani), Lehman Brothers and Morgan Stanley Dean Witter. Freeserve represented by Herbert Smith (James Palmer), Linklaters & Alliance (Jeremy Parr), ...

  • White & Case joins race for UK jumbos

    18-Dec-2000

    The London office of White & Case has captured its first jumbo acquisition financing from under the nose of the magic circle.