20 October 2003

The Lawyer

  • A&O tightens the rules on staff share dealing

    20-Oct-2003

    Allen & Overy has moved to avert potential conflicts arisingfrom employees buying and selling shares.

  • Active Retail win gives lift to Forsters

    20-Oct-2003

    Forsters' property fund practice is gathering pace after the firm waschosen by the newly created Active Retail for its inaugural acquisition.

  • Addleshaws raids Manches employment partners

    21-Oct-2003

    Alasdair Simpson, the former senior partner of Manches, is joining Addleshaw Goddard's City-based employment group. He joins with partner Jane Amphlett, head of Manches employment group, and senior associate Richard Yeomans.

  • Allen & Overy and DLA: the unlikely best friends

    20-Oct-2003

    Why two very different firms have decided to form an alliance on IT projects.

  • Are you for real?

    20-Oct-2003

    Music lawyers are known for their ability to pop up, either in the fleshor in print, in the most unusual and occasionally glamorousplaces.

  • Arthur Cox, A&L Goodbody to act on sale of First Active

    20-Oct-2003

    First Active acquiror RBS looks to Linklaters and A&L Goodbody in 2003's largest Irish corporate deal

  • Baker & McKenzie reshuffles management as COO quits

    21-Oct-2003

    Baker & McKenzie has appointed a new chief operating officer (COO) following the decision of incumbent Peter Smith to return to the UK and pursue a role away from the firm.

  • Baker Botts loses out to Gray Cary over Cirrus Logic suit

    20-Oct-2003

    San Francisco's Gray Cary has nudged aside Baker Botts to gain instructionon the Cirrus Logic lawsuit that stopped the flotation of WolfsonMicroelectronics in its tracks.

  • Bar approves 7 Bedford Row-BakerPlatt venture

    20-Oct-2003

    A unique alliance has been launched between common law and criminal set 7 Bedford Row and a Jersey-based law firm and consultancy practice specialising in financial crime and regulatory work.

  • BLP snatches British Waterways Docklands work from panel firms

    20-Oct-2003

    British Waterways has rejected its panel firms in favour of Berwin Leighton Paisner (BLP), which trounced rivals for the main role on a £2bn regeneration project.

  • Branson's force

    20-Oct-2003

    When Virgin Group decided to keep its in-house legal team minimal, it was a move that worked - despite the odds

  • Careless pruning could amount to anti-social behaviour

    21-Oct-2003

    Legislation to take the heat out of neighbours' feuding over the notoriously fast-growing Leylandii hedges was promised last week, in a surprise announcement under the Anti-Social Behaviour Bill.

  • CC and Linklaters share E&Y spoils

    20-Oct-2003

    Clifford Chance and Linklaters are set to divvy up £800,000 betweenthem for the first stage in a £300m negligence claim brought againstembattled accountant Ernst &Young (E&Y) by a DaimlerChryslersubsidiary.

  • Childs' play

    20-Oct-2003

    Clifford Chance managing partner Peter Cornell has installed corporate head David Childs as chief operating officer. But as the world's biggest law firm struggles with declining profitability, is Childs the right man for the job?

  • Cleary Gottlieb France loses partner to pharmaceutical company

    22-Oct-2003

    French Cleary Gottlieb Steen & Hamilton partner Laurent Cohen-Tanugi has jumped ship to become general counsel at pharmaceuticals company Sanofi-Synthélabo.Cohen-Tanugi succeeds Jean-Pierre Kerjouan, who remains at the 34,000-employee company as adviser to the chairman.Corporate lawyer Cohen-Tanugi joined Cleary Gottlieb in 1982 and became a partner in 1991.

  • Clementi promises 'root and branch' review of regulation

    21-Oct-2003

    David Clementi, the Prudential chairman appointed by the Government to overhaul legal services in England and Wales, is to issue a consultation document early next year seeking responses on the future of regulation for the profession.

  • Clifford Chance strikes a deal with former Bangkok partner

    20-Oct-2003

    Clifford Chance has finally settled its acrimonious dispute with former Bangkok managing partner Wirot Poonsuwan.

  • Concern as new 'emergency powers' legislation seeks to side-step human rights

    21-Oct-2003

    There were concerns this week from civil libertarians about how ministers propose to side-step human rights legislation with their new 'emergency powers' laws. Parliament is currently consulting on a draft Civil Contingencies Bill that will provide a single framework to replace the existing emergency powers legislation that dates from the 1920s.

  • Dentons ramps up finance team with CC hire

    20-Oct-2003

    Denton Wilde Sapte has bulked up its finance group with the hire of Clifford Chance lawyer David Cohen, reflecting the firm's increasing workload in the area.

  • Dewey shows its roots with New York gardening advice

    20-Oct-2003

    It should be no surprise that, as a New York-based firm, Dewey Ballantine was more than keen to offer its services for free to an 11 September-related charity.

  • Dissin' Cousins

    20-Oct-2003

    Poor old Alan Cousins. Hardly through the door at Blake Lapthorn Linnelland he's already let slip his first howler. The former company secretary ofAlldays clearly lets old habits die hard.

  • Doing the business

    20-Oct-2003

    Ireland's new Commercial Court should signal wide-ranging benefits, says Owen O'Sullivan

  • Dorsey & Whitney builds on Asian expansion with Freshfields hire in China

    22-Oct-2003

    US firm Dorsey & Whitney has poached corporate and M&A lawyer Richard Yao from the Shanghai office of Freshfields Bruckhaus Deringer and has promised more lateral hires in a bid to bolster the firm’s presence in China.

  • Dual role of Legal Services Complaints Commissioner and Ombudsman could create conflict of interest

    21-Oct-2003

    There are concerns that the dual role of Legal Services Complaints Commissioner and Ombudsman could create conflicts of interest and be susceptible to judicial review.

  • Editorial: Are GP-style practices the future of High Street legal aid?

    21-Oct-2003

    What to do about the crisis in legal aid? This week the prospect of GP-style legal practices, with lawyers being paid in the same way as family doctors, raised its head. The idea is that firms would have a minimum practice income and funding would be "linked to the profile of the population in a practice's catchment area, so that resources are targeted at those most in need". Such radical thinking derives from Chancery Lane, not Whitehall, and is one of a number of imaginative ideas ...

  • Euro politician wants hands-off Commission

    20-Oct-2003

    A EUROPEAN commissioner has broken a Brussels taboo by calling on the European Commission to propose fewer regulations.

  • Expert witnesses 'blacklist' law firms

    21-Oct-2003

    Nearly six out of ten expert witnesses have a blacklist of law firms that they would never work with again, according to a recent survey of expert witnesses.

  • Finance deals round-up

    20-Oct-2003

    Ashurst Morris Crisp's Milan office (Riccardo Agostinelli) advised BancaIntesa on its e123.5m (£86.2m) acquisition financing for a majoritystake in cosmetics manufacturer Intercos Italia. The purchaser, Dafe, wasrepresented by Bonelli Erede Pappalardo, while Intercos was ...

  • Firm profile: Rosling King

    20-Oct-2003

    Known predominantly for its focus on finance, Rosling King represents many of the City's key financial institutions. Heavyweight clients in this respect include the Lloyds TSB group of companies (including Target Holdings and Mortgage Express). However, its finance practice is just one part of a trinity of core areas.

  • Firms team up on GE's Amersham takeover

    20-Oct-2003

    A triumvirate of law firms has joined forces for one of the fewbillion-pound deals of the year, General Electric's (GE) £5.7bntakeover of UK healthcare group Amersham.GE has turned to its usual UK law firm Slaughter and May for corporatead...

  • Fleet Street lawyers flex their muscles in push for split bar

    20-Oct-2003

    Lawyers from most of the country's major newspapers are proposing to stop barristers they instruct from acting against them in a move that has greatly unsettled the libel bar.

  • Freshfields puts finance into consultants' hands

    20-Oct-2003

    Freshfields Bruckhaus Deringer has called in management consultancy McKinsey to advise on the development of the firm's European finance practice.

  • Going for broke

    20-Oct-2003

    Insolvency reform in Northern Ireland is lagging behind the rest of the UK, says Leeanne Whaley

  • Goodbodys managing partner leaves City

    20-Oct-2003

    A&L Goodbody's London managing partner Paul White is returning home to the firm's Dublin office at Christmas, following the completion of a five-year stint in the City, it was announced on 15 October.

  • Gorg captures Luther Menold trio for Hamburg launch

    23-Oct-2003

    Gorg has poached a three partner team from Luther Menold to launch the firm’s Hamburg office. Klaus von Gierke, Volker Alvensleben and Frank Weberndorfer join the firm next January, taking with them a team of Luther Menold associates and support staff.

  • Grapevine

    22-Oct-2003

    What's going on at Manches? The Lawyer is having a hard time keeping track of how many heads of department the firm lost this year, and has lost count of the number of partner departures ages ago (although we reckon it's three group heads and around 12 partners in the last 18 months).

  • Hedging ahead

    20-Oct-2003

    Dublin is one of the world's leading domiciles for hedge funds. Fionán Breathnach reports on why the challenge is to keep pace

  • Herbies, Stibbe in client first

    20-Oct-2003

    Herbert Smith and Dutch alliance partner Stibbe have swooped on longstanding Linklaters client Getronics, advising the Dutch IT giant for the first time.

  • Hyundai turns to Akin Gump to claim Iraqi debts

    20-Oct-2003

    Akin Gump Strauss Hauer & Feld has been appointed by South Korean giant Hyundai Engineering & Construction to fight its case to make Iraq pay for $1.1bn (£657m) of construction work undertaken during the Ba'ath regime. Three Akin Gump lawyers, all former officials at the US Treasury Department, have been assigned to Hyundai's case, but their position looks bleak. The US Government is adamant that Iraq's resources and the aid it is receiving will not go to pay foreign creditors. ...

  • Judge slams White & Case over Deacons laterals

    24-Oct-2003

    In a dramatic turnaround, White & Case has lost its case against Hong Kong firm Deacons over a team of star insolvency partners the US firm recruited in summer 2002.

  • King & Spalding captures Freshfields finance partner

    22-Oct-2003

    Project finance partner Roger McCormick has left magic circle firm Freshfields Bruckhaus Deringer for US practice King & Spalding LLP, which opened its London office earlier this year. McCormick will be the firm’s first English law qualified partner in London.

  • KLegal: partners look for divorce from KPMG

    20-Oct-2003

    Partnership conference to discuss total split; McGrigor Donald set to be reborn

  • Last of the Clifford Chance 'superpointers' quits ahead of pay cut

    20-Oct-2003

    Clifford Chance's last 'superpointer' Steven Newborn was about to have his extra points cut in half when he left for Weil Gotshal & Manges last week with a three-partner antitrust team.

  • Law Lords "close door" on privacy law

    21-Oct-2003

    Law Lords last week rejected an attempt to establish a right to sue for invasion of privacy, in a landmark ruling that has divided media lawyers.

  • LEADER

    20-Oct-2003

    How many partners do you think there are in Dechert's London office? Go on, hazard a guess. 50? 60? The real figure is 39 (including a number of de-equitised salaried partners and one newly seconded Washington DC partner). That makes London 15 per cent smaller than when it ceased to be Titmuss Sainer and bowed to the iron rule of Dechert's global chairman Barton J Winokur three years ago.

  • Legal Widow

    20-Oct-2003

    Bad news in the post for the Lawyer. His old university has sent out thecollege yearbook detailing who has given what to the endowment fund."Look here," he said, deeply shocked. "Jeremy Fisher is in the£1,000-£4,999 category. The sod mu...

  • Lex Mundi signs up its first Indian firm

    20-Oct-2003

    Leading Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co has been admitted to international law firm network Lex Mundi. It will be the sole Indian law firm in the network. Lex Mundi has 161 member firms around the world and represents approximately 15,000 lawyers. The association enables member firms to share knowhow.First revealed on www.thelawyer.com 15 October

  • LK Shields called in on racehorse wrangle

    20-Oct-2003

    Dublin firm LK Shields is advising Sir Alex Ferguson on a dispute over the Manchester United manager's racehorse Rock of Gibraltar.Litigation partner Ed Butler, one of the 15-partner firm's founders, confirmed that he was advising Ferguson, but refused to give any details of the case.It is believed to centre on the manager's share of the horse's stud value, estimated at up to e120m (£83.8m). No proceedings have as yet been issued.

  • Masons wins IP2IPO Group work

    20-Oct-2003

    Masons had triumphed in a beauty parade against Jones Day Gouldens to advise IP2IPO Group on its own initial public offering (IPO) last week.

  • McGovern

    20-Oct-2003

    Ireland has a new financial overseer in the shape of the IFSRA. Ambrose Loughlin reports on the changed regulatory landscape.

  • Merricks eases financial problems by staggering staff salary payments

    20-Oct-2003

    Merricks is staggering the payment of staff wages to deal with its ongoing cash flow problems.

  • Norton Rose welcomes Dechert ace

    20-Oct-2003

    In a blow to Dechert, highly-rated corporate insurance partner David Whear has quit for Norton Rose.

  • OFT stands firm on QC system

    20-Oct-2003

    The Office of Fair Trading (OFT) has confirmed its belief that the QC system distorts competition and does not serve customers' best interests.

  • Opinion

    20-Oct-2003

    Mention the word 'corruption' and images of faraway places with despotic rulers are conjured up. While it is true to say that many less-developed states are riddled by corruption, which has stifled economic growth and social development, it is becoming increasingly obvious that corruption is also prevalent in the commercial world of the developed states.

  • Paul Hastings launches environmental practice with Jones Day hire

    22-Oct-2003

    Jones Day Gouldens’ head of real estate and environmental Linda Fletcher has jumped ship to launch an environmental practice at London office of Paul Hastings Janofsky & Walker.

  • Pinsents unveils new Birmingham property head

    22-Oct-2003

    Pinsents property partner Joanna Lawson King has been appointed as head of property in Birmingham after David Philpot, who currently leads the team, announced his decision to step down.

  • Pluck of the irish

    20-Oct-2003

    Why would one of Ireland's leading law firms, which practises only Irish law, decide to establish an office in New York? Elizabeth O'Connor explains

  • Privates on parade

    20-Oct-2003

    Ireland is witnessing more public-to-private activity than it has for years. Tim Scanlon provides an overview

  • Project catch-up

    20-Oct-2003

    Plans are well and truly afoot to give Northern Ireland's PFI/PPP market a leg-up. Stuart Cairns gives the lowdown on the changing face of projects

  • Ready, willing and libel

    20-Oct-2003

    Are CFAs holding the media to ransom? Peter Carter-Ruck and Partner's Nigel Tait doesn't think so.

  • Reynolds Porter acts for IDS in 'Betsygate' fray

    20-Oct-2003

    Tory party leader Iain Duncan Smith (IDS) has drafted in Reynolds Porter Chamberlain partner David Hooper (left), the lawyer who acted for John Major in relation to the Edwina Currie affair, to advise on 'Betsygate'. Parliamentary Standards ...

  • Rowe Cohen hikes corporate with Cobbetts hire

    20-Oct-2003

    Manchester firm Rowe Cohen is ramping up its corporate capability with the hire of Cobbetts partner Andrew Curwen as the department's fifth partner. Curwen spent 11 years at Cobbetts as a specialist in M&A, predominantly for owner-managed businesses and SMEs. He worked on the £15m disposal of the Manchester-based Continental Fine Foods and the public offer of securities in the Ocean Food Chain.

  • Schillings' partner count cut by a third as two quit firm

    20-Oct-2003

    Niche media firm Schillings has lost a third of its partners. Two partners from what was a six-partner firm, sports lawyer Peter Goodman and media litigator Amber Melville-Brown, have resigned. Both joined a few months after a schism at the firm, then called Schilling & Lom, in late 2001, when senior partner Keith Schilling's co-founder Nicholas Lom left, along with media partners Jonathan Coad and Mark Thompson.

  • Schofields gets big hitter

    20-Oct-2003

    Yorkshire is well known for its passion for cricket. Fred Trueman, BrianClose, Ray Illingworth, Geoff Boycott D6 the list goes on. And on, thanksto West Yorkshire firm Schofield Sweeney.

  • Season's bleatings

    20-Oct-2003

    Ho, ho, ho! Okay, so it's a bit early to be getting into the Christmas spirit - although Mrs Tulkinghorn is adamant that even now there simply aren't enough shopping days left until the big day. But already the annual dilemma - should you or shouldn't you send firm Christmas cards? - is raising its client-losing head.

  • Shaw Pittman ditches London corporate practice

    20-Oct-2003

    The London office of US firm Shaw Pittman has closed down its corporate practice following the departure of corporate partners Charles Severs and Robert Bishop for DLA last month. The two remaining associates from the corporate group have now departed, with one joining Severs and Bishop at DLA. The London office is now stripped down to its core outsourcing practice, which is led by London managing partner Alistair Maughan and partner David Skinner. The rest of the team now comprises ...

  • Simpson Millar opens in Wimbledon and Cardiff

    20-Oct-2003

    Simpson Millar is celebrating the opening of two new offices in as many months. The firm, best known for its trade union clientele, has absorbed three lawyers and a trainee from Wimbledon firm AJ Hows Solicitors, two to salaried partner status. The new Wimbledon office will be devoted entirely to employment matters for major trade union client the Communication Workers Union (CWU). A new Cardiff ...

  • The Standard's substandard subs

    20-Oct-2003

    Media lawyers these days are getting ever so famous. So famous, in fact,that some of them don't even return Tulkinghorn's calls anymore.

  • UK firms struggle to stay in Greek shipping game

    22-Oct-2003

    With litigation work in decline, tough competition is forcing London firms to rethink their strategies.

  • US firms gain Telecom Italia roles

    20-Oct-2003

    The latest deal to grip the Italian market has gifted US firms Davis Polk & Wardwell and Sullivan & Cromwell key roles on a $4bn (£2.39bn) bond issue and a medium-term note programme for up to e10bn (£6.98bn).

  • Vinson & Elkins launches new base in Dubai

    20-Oct-2003

    Vinson & Elkins has opened an office in Dubai, making it the second firm in as many months to launch a base in the region.

  • Virgin Group hopes to repeat London panel success in the US and Australia

    20-Oct-2003

    The Virgin Group is planning to launch legal panels in the US and Australia following the success of its London legal panel.

  • White & Case stakes its claim on the CDO sector

    20-Oct-2003

    The US firm is challenging CDO topdog Ashursts - with help from Linklaters

  • Who's looking at you?

    20-Oct-2003

    There's a battle brewing between Mario Monti and the CCBE over professional regulation on the Continent. Can European lawyers really face competition?

  • William Fry, Arthur Cox shine in corporate as they fight it out at top of mergermarket tables

    20-Oct-2003

    The corporate teams at leading firms Arthur Cox and William Fry battled it out for the top spot of mergermarket's third quarter tables this month.

  • Zimbabwe lawyer 'beaten' by police

    20-Oct-2003

    Beatrice Mtetwa, the Zimbabwe lawyer currently acting to prevent the closure of the country's last independent newspaper, has allegedly been brutally attacked by police just days before her court hearing.