2 October 2000

The Lawyer

  • 2 Harcourt Buildings sets up mediation joint venture

    2-Oct-2000

    Commercial law chambers 2 Harcourt Buildings is launching a contracted mediation scheme on 3 October, aimed at cutting the cost of resolving disputes within the construction industry.

  • A View From Berlin

    2-Oct-2000

    In Germany, the days of the Bonn Republic now seem like a distant memory. The market town on the Rhine, whose only claim to attention is that Deutsche Telekom insists on maintaining its headquarters there, can return to being a sleepy settlement. It is now known only as being the short straw for a few federal institutions, such as the Antitrust Office, which were forced to move from Berlin as recompense.

  • A&O hires Martin for Paris office

    2-Oct-2000

    Allen & Overy's (A&O) Paris office has recruited a high-profile French capital markets and corporate partner.

  • Aim small

    2-Oct-2000

    It is, in the words of one recent TV commercial, a big world: big firms, big investment houses and big initial public offerings (IPOs). The London Stock Exchange (LSE) main list and techMARK have been home to a vast number of deals over the last 18 months, with some of the biggest firms cashing in on one of the largest IPO periods in recent history (The Lawyer, 25 September). All well and good, but being big is not everything to everyone. Outside the main list, there is the major ...

  • All the crime in the world

    2-Oct-2000

    On 30 November 1998, Britain signed the Rome Statute, an international treaty that establishes a permanent International Criminal Court (ICC) at the Hague in The Netherlands. On 25 August 2000, the Government published its Draft International Criminal Court Bill, the legislation necessary to enable the UK to meet its obligations under the treaty, and to play an active role in the processes of the ICC. This legislation is, without doubt, a landmark in the development of international law ...

  • Apax Partners

    2-Oct-2000

    Apax Partners invests $30m (£20.5m) in electronic trade community bolero.net. Bolero.net advised by Allen & Overy (Alison Beardsley). Parent companies the Society for Worldwide Interbank Financial Telecommunication and Through Transport Club advised by Cleary Gottlieb Steen & Hamilton (Simon Jay) and

  • BA

    2-Oct-2000

    BA in major outsource of mission critical services to Amadeus. BA advised by Wragge & Co (Ian Metcalfe). Amadeus Global Travel Distribution advised by Rawlison & Butler (Tim Sadka).

  • Bench pressing

    2-Oct-2000

    Next month Lawrence Collins QC will, in the words of the Lord Chancellor, make "a little bit of history". The solicitor, a partner at Herbert Smith, will be the first to be appointed directly from private practice to the High Court Bench.

  • Bookham Technology

    2-Oct-2000

    Bookham Technology in secondary offering. Issuer: Bookham Technology, advised by Brobeck Hale and Dorr (Joe Pillman). Lead manager: Goldman Sachs, advised by Sullivan & Cromwell on US law (Cathy Campbell), Slaughter and May on UK law (William Underhill).

  • Brennan Jumps Ship to Matrix

    3-Oct-2000

    Brennan has a reputation as a specialist personal injury lawyer but since his return to practice after chairing the bar in 1999 has expressed a desire to develop his environmental law practice. In addition to his practice Brennan is currently the bar representative on the Council of the International Bar Association and in May 2000 he became a life peer and member of the House of Lords.  

  • Brief Encounter: Ozannes

    2-Oct-2000

    Who would have thought that a Channel Island firm would have cropped up quite so often in The Lawyer IPO 2000 Survey? But Guernsey firm Ozannes did, making an appearance in the top 10 (albeit at number nine) of the league table charting which firms acted on the largest number of UK IPOs between January 1999 and June 2000. The firm also popped up as one of the top five advisers to issuers, again by volume.

  • Brixton

    2-Oct-2000

    Brixton Estate buys industrial units from MEPC for £103.25m. Vendor: MEPC, advised by Linklaters & Alliance (Christopher Coombe). Purchaser: Brixton Estate, advised by CMS Cameron McKenna (Jon Vivian).

  • Case study one

    2-Oct-2000

    Richard Hastings, group legal counsel at Interoute Telecommunications (UK)

  • Case study two

    2-Oct-2000

    Richard Hastings, group legal counsel at Interoute Telecommunications (UK)

  • CC loses technology head to Willkie Farr's Paris office

    2-Oct-2000

    Clifford Chance is losing its head of communication and technologies to the Paris office of US law firm Willkie Farr & Gallagher.

  • Charity begins at home

    2-Oct-2000

    After thirty-two years working at Nabarro Nathanson, David Bramson is ready to retire, spend time with his family and gove something back to society. Vanessa Pawsey reports

  • Clifford Chance scores £10bn for oil company

    2-Oct-2000

    Clifford Chance has successfully steered its client towards a $14.75bn (£10bn) United Nations Compensation Commission (UNCC) award, the largest ever payment of its kind.

  • Competition lawyers slam EC over BA-KLM merger failure

    2-Oct-2000

    The European Commission (EC) is under attack from lawyers over its handling of the proposed merger between British Airways (BA) and KLM.

  • CORPORATE FINANCE

    2-Oct-2000

    Simmons & Simmons spent an enormous amount of time last year trumpeting its place as adviser to Wal-Mart on its acquisition of Asda. And why not? The deal was impressive, since Simmons had to do some serious manoeuvring to shoe-horn the US retail giant into the right position in order to leapfrog Kingfisher's seemingly definitive offer.

  • DE DIETRICH

    2-Oct-2000

    ABN Amro led the public to private takeover of De Dietrich & Cie, one of the oldest manufacturing companies in France and listed on the premier marché. This is the latest in a series of big financings and one of the rare public to private takeovers in France. Traditional French firms Gide and Jeantet took up the major roles on senior debt and equity respectively, but Ashursts' Paris office worked on the mezzanine layer.

  • Deals - CORPORATE FINANCE

    2-Oct-2000

    TDL Infomedia sold for £308m to Seat Pagine Giall. Infomedia and shareholders (Apax, Advent, 3i) advised by Travers Smith Braithwaite (Mark Soundy) and Negri Clementi Toffoletto Montironi & Soci (Alberto Toffoletto). Seat Pagine Giall advised by Slaughter and May (Simon Robinson) and Bonelli Erede Pappalardo ...

  • Dennis Publishing

    2-Oct-2000

    Dennis Publishing/Maxim takes equity stake in Firebox.com in return for promotion; Firebox to raise £1m through direct public offering. Firebox.com advised by Berwin Leighton (Daniel Rosenberg). Dennis Publishing advised by Simons Muirhead & Burton (Simon Goldberg).

  • DESPA

    2-Oct-2000

    A high level of direct investment and forward-funding activity from this German investment fund, particularly over the last 18 months, have made it one of Simmons' most significant property clients. Better still, Simmons is the only English firm Despa uses. The relationship goes back to Despa's first investment in the UK six years ago and originated in a recommendation from surveyors DTZ Debenham Tie Leung, which was already advising a number of German funds.

  • Despa

    2-Oct-2000

    Despa completes £100m letting of 100 Wood Street. Funder: Despa, advised by Simmons & Simmons (Alan Butler). Developer: Helical Bar, advised by Norton Rose. Tenants: Chase Manhattan Bank, advised by Nabarro Nathanson; Schroder Investment Management, advised by

  • Digest

    2-Oct-2000

    British Nuclear Fuels (BNFL) senior legal adviser Edward Smethurst is leaving to become the first ever in-house lawyer at FTSE 250 company Ultraframe. The former chair and current chief executive of the Law Society's Commerce & Industry group will take up his role as company secretary and head of legal at the end of the month. He had been with BNFL for seven years.

  • Digest

    2-Oct-2000

    Barclays Bank's general counsel Howard Trust has announced that its legal team is to be completely restructured in a bid to cut costs by 15-20 per cent. The 212-strong worldwide in-house legal team will be reduced by 25 per cent, as the bank is seeking to concentrate on more high-quality and value work. The 14 panel firms will benefit from the changes, as they are set to receive additional work as a result. Barclays is hoping to save around £1bn from its total legal spend over the next ...

  • Digest

    2-Oct-2000

    "The Debt Set", an article in the 25 September edition of The Lawyer,, contained a quote by Metropolitan Life Insurance Company counsel Lisa Glass which was misattributed. Glass was referring to US firm Bingham Dana and not Clifford Chance Rogers & Wells in her quote about its understanding of the way US lenders behave and invest. We regret the error.

  • Digest

    2-Oct-2000

    Mayer Brown & Platt head of central Asia and projects partner Nabil Khodadad is quitting for Chadbourne & Park. Khodadad is taking two senior associates with him, along with several local lawyers from Kyrgyzstan and Tashkent in Uzbekistan. The move will dramatically affect Mayer Brown's CIS coverage - its Moscow office was shut down just over a year ago. It is understood that one of the reasons Khodadad ...

  • Digest

    2-Oct-2000

    Kirkland & Ellis is relocating partner James Learner to its London office. He will advise clients on private equity, leveraged buyouts, venture capital, M&A, fund formation and other corporate transactions. He moves over from the Chicago office and joins David Eich, who is returning to the London office after a year in the US doing criminal prosecution work.

  • Digest

    2-Oct-2000

    Lee & Priestley has acquired fellow Yorkshire practice Marklands, a niche commercial property firm. It also operates in trusts and probate. Lee & Priestley has offices in Leeds, Bradford, Pudsey and Yeadon.

  • Digest

    2-Oct-2000

    Addleshaw Booth & Co's Leeds office is losing the head of its competition practice to Eversheds. Rod Lambert, who has been with Addleshaws for just over a year, is joining Eversheds as a partner to be the first competition lawyer in its Manchester office. Adam Collinson, head of competition at Eversheds' Manchester and Leeds offices, has been managing them both. As special counsel at Addleshaws, Lambert ...

  • Digest

    2-Oct-2000

    Bircham & Co and its parliamentary and public law division Dyson Bell Martin are to operate under one name, Bircham Dyson Bell. Despite operating in different areas (Bircham & Co specialises in charities and private client work), the two practices have been part of the same firm for several years.

  • Digest

    2-Oct-2000

    Lovells has hired Linklaters & Alliance's international chief Marc Bartel. A major figure in the Alliance merger discussions, Bartel has been brought on board to work on Lovells' international expansion plans.

  • Digest

    2-Oct-2000

    Burness has recruited Derek Currie from DLA to head its media law group. The Scottish firm has hired Currie from Bird Semple's Glasgow office, which merged with DLA at the beginning of this year. Currie, who is regarded as a leading defamation practitioner, had been a litigation partner at Bird Semple since 1977. Clients of 28-partner Burness include the BBC, European publisher Bonnier and Clyde & Forth Press.

  • Digest

    2-Oct-2000

    Law Society president Michael Napier has declared the House of Lords' decision to throw out the Criminal Justice (Mode of Trial) (No 2) Bill as a "great victory for human rights". Had the bill gone through, it would have scrapped the right to trial by jury for "either-or" offences.

  • FINANCE

    2-Oct-2000

    De Dietrich & Cie in euro480m million public-to-private. Senior debt: Natexis Banques Populaires, advised by Gide Loyrette Nouel (Eric Cartier-Millon). Mezzanine: Intermediate Capital Group, advised by Ashurst Morris Crisp (Laurent Mabilat, Jonathan Nabarro, Fabrice de la Morandiere). Sponsor: ABN Amro Investissement, advised ...

  • FINANCE

    2-Oct-2000

    Neath PFI waste management project completes. Lender: Bank of Scotland, advised by Norton Rose (Jon Ellis). Sponsor: HLC (Neath Port Talbot), advised by Winward Fearon (Adrian Luto). Public Body: Neath Port Talbot County Borough Council, advised by Eversheds, Cardiff (Eric Evans).

  • FIREBOX.COM

    2-Oct-2000

    Direct public offerings (DPOs) are the corporate finance contribution to the dotcom world. A DPO allows people to invest in an unlisted company through the internet.

  • Freshfields in merger talks with Chiomenti

    2-Oct-2000

    Freshfield seizes Italian opportunity after collapse of Shearman & Sterling-Chiomenti discussions

  • Holland & Knight hires partners to boost Washington IP practice

    2-Oct-2000

    Florida firm Holland & Knight is taking on a team of five intellectual property partners to boost its practice in Washington DC.

  • How To Be a Judge

    2-Oct-2000

    Senior judiciary

  • Jones Day bolsters Europe practices with five partners

    2-Oct-2000

    Jones Day Reavis & Pogue has boosted its Paris, Madrid and Belgian offices with the recruitment of five new partners.

  • LA Skadden Arps loses M&A partner

    2-Oct-2000

    New York firm Skadden Arps Slate Meagher & Flom is losing one of its leading mergers and acquisition partners to an investment house.

  • Land Securities appoint non-executive Director

    2-Oct-2000

    Giles, (58), has been a partner in Slaughter and May since 1975 and became Senior Partner in 1993. he was a member of the Hampel Committee on Corporate Governance and is currently a member of the Financial Reporting Council. He is also the Chairman of the Law Committee of the UK/China Forum.

  • LAWRENCE GRAHAM

    2-Oct-2000

    Lawrence Graham actively targets smaller-cap firms. This policy is borne out of the belief that an equivalent size lends weight to client relationships.

  • Lawrence Graham drops PI practice

    2-Oct-2000

    Lawrence Graham is turning its back on two partners and around £1m worth of fees in the closure of its defendant personal injury practice.

  • Letters

    2-Oct-2000

    I was quite dismayed to read your article on Sinclair Roche & Temperley and Romanian bar rules (The Lawyer, 4 September), not least because of its misleading banner headline.

  • Letters

    2-Oct-2000

    I was quite dismayed to read your article on Sinclair Roche & Temperley and Romanian bar rules (The Lawyer, 4 September), not least because of its misleading banner headline.

  • Lewis Silkin merges with niche practice

    2-Oct-2000

    Lewis Silkin has acquired the niche publishing practice of Geoffrey Davies, who joins the firm with partner Simon Entwistle.

  • Lloyd's - a brief history

    2-Oct-2000

    Insurance underwriter Lloyd's began in Edward Lloyd's coffee house on the banks of the Thames.

  • Lovells and Freshfields lead in property outsourcing bids

    2-Oct-2000

    Leading City property lawyers are gearing up for the final bidding stages of groundbreaking outsourcing deals for the BBC and London Underground property portfolios.

  • Macfarlanes sets up team to win e-commerce work

    2-Oct-2000

    Macfarlanes is responding to the new economy boom by establishing an e-commerce group within its commercial practice.

  • Making the in-house move

    2-Oct-2000

    More than ever before, private practice lawyers are being actively recruited to move in-house. Despite the potential salary cut, many are tempted by the promise of shorter working hours, a relaxing environment, no time sheets or billings, greater job security and the opportunity to become more commercially involved in the running of the business.

  • MEMERY CRYSTAL

    2-Oct-2000

    Memery Crystal is a 12-partner firm with a leading reputation among AIM-nominated advisers (nomads) as the predominant AIM firm. Its corporate finance practice consists of four partners - Peter Crystal, Lesley Gregory, Jonathan Davies and Greg Scott - supported by 10 further fee-earners. Corporate finance is the biggest part of the corporate group. The remaining three partners each take a practice ...

  • Mishcons merges with niche firm

    2-Oct-2000

    Michael Eaton, founder and senior partner of the six partner firm will act as a consultant at the merged practice while Eatons' current managing partner Martin Dacre will act as a partner.

  • Nabarros to hold senior partner vote

    2-Oct-2000

    Nabarro Nathanson's senior partner David Bramson is retiring - leaving the firm facing an election to find a replacement.

  • NY real estate prices push firms into strategic mergers

    2-Oct-2000

    rocketing property prices in New York are forcing mid-tier law firms to consider their future.

  • Olswang wins AIM adviser contract

    2-Oct-2000

    Olswang has been instructed by leading Alternative Investment Market (AIM)-nominated adviser Smith & Williamson for the first time.

  • On The Pull

    2-Oct-2000

    There just aren't any juicy anecdotes about David Morley. There's none of those quirks that occasionally pass for personality in the City; a wow on the karaoke machine perhaps, or one of those middle-class Arsenal season ticket holders, or any other cultivated eccentricities. What you see is what you get - a funny, down to earth, grounded guy who has never bothered to posh up his estuary accent. But Morley, normally so relaxed, is betraying just a touch of anxiety as the photographer is ...

  • Opinion

    2-Oct-2000

    Good Lord! You are surly not going to read this? How can you spare the time? You cannot possibly work in the City of London and probably not even in the law. This year the City has seen two magic circle law firms achieve million pound profit shares. By any reference point we should be impressed or, if not impressed, at least green. Does this not put solicitors back on top of the earnings ladder? Is this not recognition of the true value of the profession? It must be a just return for the ...

  • OWA pan-Euro group opens in Silicon Valley

    2-Oct-2000

    Osborne Clarke OWA's European alliance will launch an independent office in Silicon Valley in mid-October under the banner of Osborne Westphalen, becoming the first pan-European legal service provider to open in the Californian technology capital.

  • Polish government set to grant LLP status to foreign law firms

    2-Oct-2000

    The Polish government is on the verge of passing legislation that allows foreign law firms to become limited liability partnerships (LLPs).

  • Reynolds Porter boosts insurance coverage with loss adjusting group

    2-Oct-2000

    Reynolds Porter Chamberlain is launching a loss adjusting practice in a bid to increase the amount of new insurance work it attracts.

  • Rowe & Maw loses aviation head to B&M

    2-Oct-2000

    Baker & McKenzie (B&M) is hiring the head of Rowe & Maw's aviation, transport and leisure group.

  • Stephenson Harwood hires insurance head

    2-Oct-2000

    Stephenson Harwood is bolstering its insurance/reinsurance practice by securing a new head from Barlow Lyde & Gilbert.

  • Stock Exchange legal head quits

    2-Oct-2000

    The head of legal at the London Stock Exchange (LSE) has quit his post in the middle of the institution's fight against a hostile bid by OM Gruppen.

  • Syndicated Zone

    2-Oct-2000

    After sailing through the turbulance at Lloyd's, managing agent Brockbank is opting for change. Fiona Callister finds out why 250 law firm advisors are to be cut to 50

  • TAYLOR JOYNSON GARRETT

    2-Oct-2000

    In the financial year 1999-2000, corporate and finance work accounted for 34 per cent of Taylor Joynson Garrett's (TJG) total business.

  • The Insider

    2-Oct-2000

    Richard Hastings, group legal counsel at Interoute Telecommunications (UK)

  • The Lawyer is number one

    2-Oct-2000

    The Lawyer is the UK's biggest magazine aimed at business lawyers, according to official figures released by the independent Audit Bureau of Circulations.

  • The Leader Column

    2-Oct-2000

    When US firm Cravath Swaine & Moore billed Time Warner $35m for advising on its merger with AOL earlier this year, the envy over here was palpable. City firms might have balked at the risky contingency element that was part of that bill, but at the same time, many are increasingly chafing at time-based billing.

  • Vinson & Elkins corporate group doubles in Houston

    2-Oct-2000

    Texas firm Vinson & Elkins is lifting a massive 13-partner corporate securities practice from local rival Andrews & Kurth.