22 July 2002

The Lawyer

  • Andersen Legal's Swedish team joins KLegal network

    22-Jul-2002

    Archibald divides; members create new firm; remainder join Deloitte & Touche

  • BA loses out in Kuwait Airways insurance case

    22-Jul-2002

    Landmark ruling could affect World Trade Center claims

  • Bar talk

    22-Jul-2002

    John Gott was the last man to be sent to prison under the UK's blasphemy laws in 1921, for publishing a pamphlet which compared Christ to a donkey-riding circus clown. Since then, blasphemy has hit the headlines only twice

  • Buck review

    22-Jul-2002

    London head Bruce Buck reckons he's your typical Skadden lawyer: a private life's just a distraction from work. Kathryn Hobbs reports

  • Carphone in-house

    22-Jul-2002

    Carphone Warehouse group corporate counsel Tim Morris built the company's in-house law department from scratch and has practically banned outsourcing. But he still has mates who work at law firms. Caroline Davies asks: how?

  • CC on the rack in India for back taxes from energy instructions

    22-Jul-2002

    An Indian tribunal has found that Clifford Chance is liable for high rates of tax in India for all the work it carried out in relation to three energy-related projects

  • CC votes for corporate governance

    22-Jul-2002

    Two-thirds of Clifford Chance partners have voted overwhelmingly in favour of new corporate governance proposals, ushering in a new slimmed-down management structure

  • Clyde & Co finds quick-fix solution for WTC claims

    22-Jul-2002

    A unique scheme has been drawn up by Clyde & Co to resolve quickly the hundreds of reinsurance claims arising out of the destruction of the World Trade Center (WTC) - totalling an estimated $45bn (£28.7bn) - that are soon to reach the London market .The firm's senior partner Michael Payton is responsible for the scheme, which has been welcomed by the insurance and reinsurance market in the US ...

  • Constellation Energy hires St Paul group counsel

    22-Jul-2002

    Constellation Energy Group, the parent company of a number of energy-related businesses, has hired Kathleen Chagnon to replace outgoing vice-president, general counsel and corporate secretary David Brune

  • Date set for Deacons-White & Case HK showdown

    22-Jul-2002

    The Hong Kong High Court has set down a trial date of 9 September for a suit brought by Deacons against White & Case

  • DEAL OF THE WEEK - BURBERRY

    22-Jul-2002

    Freshfields and Linklaters scoop roles on Burberry IPO

  • Deals summary

    22-Jul-2002

    SJ Berwin (Richard Lever) advised online grocer Ocado on its £20m refinancing by investors John Lewis and UBS Warburg. John Lewis was advised by Lovells (Frances Le Grys) and UBS was advised by Linklaters (Richard Youle).

  • Deals summary

    22-Jul-2002

    SJ Berwin (John Eldridge) acted for property company Merivale Moore on its £16.75m acquisition of the freehold of Imperial House in Kingsway, Central London, from a private vendor. Vendor was represented by Linklaters (Andrew Kinsey).

  • Deals summary

    22-Jul-2002

    Ashurst Morris Crisp (Mark Vickers) advised Barclays Bank Leveraged Finance on the £50.75m public to private takeover of FCX International by XCF Investments, a company funded by the Alchemy Investment Plan. XCF advised by Macfarlanes.

  • Dentons takes on media team in France

    22-Jul-2002

    Denton Wilde Sapte is boosting its technology, media and telecoms (TMT) practice in France, with the appointment of media and copyright heavyweight Giles Vercken and his team of four associates and a consultant

  • Directing the blame

    22-Jul-2002

    Draft guidelines from the Office of Fair Trading are set to give the body greater power to disqualify company directors. Joanna Goldsworthy reports on related recent cases

  • DLA hires two non-equity partners

    22-Jul-2002

    DLA is taking on two new non-equity partners

  • Euro moan

    22-Jul-2002

    Eurostat has been handed the unenviable task of handling sovereign securitisations in the Eurozone. Yannis Manuelides gives the story so far

  • Euro stars

    22-Jul-2002

    Linklaters may have come top for European M&A yet again but those one-off mammoth deals have yielded a few surprises. Caroline Davies reports on the latest league results

  • European Commission gets slated for 'leaking information'

    22-Jul-2002

    EC improves on last year but still criticised; OFT praised for its merger-handling; US regulators come top

  • Eversheds awaits High Court summons in wrangle over ownership of company

    22-Jul-2002

    Eversheds is facing a High Court battle after refusing to hand over company documents

  • Finance

    22-Jul-2002

    Say the word 'derivatives' and normal people look blank and switch off. Even lawyers tend to glaze over when faced with more than a fleeting moment engaged in derivatives banter. But if you put credit derivatives and workouts together, it's another matter entirely. The combination creates a fizz, not dissimilar to the reaction seen when chemists mix sodium with water.Although credit derivatives are a relatively new financial instrument, their sudden prevalence means ...

  • FIRM PROFILE: VEITCH PENNY

    22-Jul-2002

    With a new leader at the helm, Veitch Penny is gunning for commercial growth

  • Freshfields, Slaughters M&A partners dethroned

    22-Jul-2002

    Six-month performance tables of individual partners see last year's kings slip

  • Gouldens loses defamation head

    22-Jul-2002

    Gouldens has lost its head of defamation to Peter Carter Ruck & Partners

  • Hardwicke and 22 Old Buildings halt merger talks

    22-Jul-2002

    Hardwicke Building and Benet Hytner QC's 22 Old Buildings have called off merger talks because of insufficient "common ground"

  • Hungarian minister returns to B&M

    22-Jul-2002

    Baker & McKenzie has welcomed the return of János Martonyi to its Budapest office

  • Informative... how?

    22-Jul-2002

    Tulkinghorn would not be human if he didn't get swayed by a little bit of flattery once in a while. And so it is with Ian Henery & Co solicitors.The firm sent a charming little letter praising The Lawyer, commenting: "In particular we enjoy Tulkington [sic] since he makes us laugh as well as being informative." One tries, one tries.Anyway, with such praise it is easy to forgive the misspelling of one's name; and so Tulkinghorn is happy to reveal the latest ...

  • ITV Digital faces £1.5m claim from employees

    22-Jul-2002

    Hobson Audley has lodged 153 claims valuing £1.5m in the Stratford employment tribunal on behalf of the Ex-ITV Digital Employees' Group - those dismissed from the company after it went into administration in March

  • Kimbells launches corporate division

    22-Jul-2002

    Milton Keynes firm Kimbells has opened a new corporate advisory division to offer corporate finance services to clients

  • KLegal tells its trainees: don't show up this year

    22-Jul-2002

    Future trainees offered £10K to defer; McGrigors merger sparks spring clean

  • Law Society bumps up trainees' minimum pay

    22-Jul-2002

    The Law Society has hiked minimum salaries for trainee solicitors to take account of rising living and study costs across the country

  • Legal Widow

    22-Jul-2002

    After a row over taking the bins out, when the Lawyer threatened to throw Subjudice's mobile phone into the back of the next rubbish truck that came along (strikes permitting), our elder daughter spraypainted the number for ChildLine above the phone in the hall and said her entire class had learned it by rote in a recent Citizenship lesson.It's already proved useful, apparently. Clemency Alldays has managed to keep her playground extortion racket going by threatening to shop the ...

  • Leigh Day acts for Masai in MoD case

    22-Jul-2002

    Leigh Day & Co has represented a group of six Masai in their negotiations with the Ministry of Defence (MoD) over injuries sustained by Masai tribespeople on an MoD military range in Kenya

  • Linklaters handed £85m property deal

    22-Jul-2002

    Linklaters has advised longstanding client Rope-maker Properties on the acquisition of 50 Stratton Street from Burford Holdings for around £85m.The scheme was rushed through by Ropemaker, a subsidiary of BP Pension Fund, to avoid the Chancellor's clampdown on stamp duty savings schemes."It was a relatively complex deal," said Link-laters real estate partner Christopher Coombe. ...

  • Linklaters shares clients' pain with fee discounts for failed IPOs

    22-Jul-2002

    Linklaters is breaking with the magic circle by giving fee discounts to clients involved in failed initial public offerings (IPOs)

  • Mace & Jones wins Pannones partner

    22-Jul-2002

    Mace & Jones has appointed private client partner Katherine Peterson from Pannone & Partners to head the firm's private client department

  • Martineaus ups turnover while profits take a tumble

    22-Jul-2002

    Midlands firm Martineau Johnson has announced a growth in turnover of £1.3m for 2001-02, but has experienced a dip in profits over the same period

  • Mayer Brown bags Inter-Alliance work

    22-Jul-2002

    Mayer Brown Rowe & Maw is advising new client Inter-Alliance Group on its takeover offer of HST Financial. Inter-Alliance, which is an independent financial advisory group, has in the past been advised by Lawrence Graham.The client was first introduced to Mayer Brown corporate partner Stephen Bottomley ...

  • Microsoft lawyer returns to Preston

    22-Jul-2002

    Microsoft's general counsel and executive vice president William Neukom is to return to his former firm

  • Mishcons forms LLP to buy new office

    22-Jul-2002

    Mishcon de Reya has set up an innovative management structure for its new building in Holborn, central London

  • New TJG hire brings in London & Regional sale and leaseback

    22-Jul-2002

    Former Garretts property head Keith Barnett has brought a deal for key client London & Regional Properties to his new firm Taylor Joynson Garrett (TJG). London & Regional has secured a $300m (£197m) sale and leaseback with struggling Swiss engineering group ABB.Barnett used former Swedish Andersen Legal firm Archibald for the Swedish aspects of the deal, while ABB was mainly represented in-house with support from Swedish firm Mannheimer.Although the deal took ...

  • Norton Rose shrugs off the past as Greek govt hands out lottery work

    22-Jul-2002

    US capability lands UK firm Opap float in Greece; Athens and Piraeus reborn as branch offices

  • Norton Rose storms back on to HSBC's Hong Kong panel

    22-Jul-2002

    Norton Rose is back on the HSBC panel in Hong Kong just four months after reopening its office there

  • Opinion

    22-Jul-2002

    Is your management in control of the knowledge relating to the risk areas in your firm? And is it taking effective steps to manage those risks? Given recent events in the professional world, the answer for many firms is likely to be no.I am speaking of knowledge and risk in the widest possible context. Knowledge in the sense of the sum of what is known about every aspect of a firm's business rather than the usual narrow use of the term 'knowledge management'. Risk ...

  • RJW loses £300K in Crédit Lyonnais fight

    22-Jul-2002

    CrEdit Lyonnais has won a damages claim totalling £300,000 against Russell Jones & Walker

  • Scrummin' it

    22-Jul-2002

    Secretary and legal officer to the Rugby Football Union Jonathan Hall has a vision of England winning the 2007 World Cup. Emma Vere-Jones finds out that even lawyers can dream

  • Stibbe relocates tax head to London

    22-Jul-2002

    Stibbe, Herbert Smith's Benelux ally, is moving its head of international tax to London, where it currently has no tax capability

  • The Bill, please

    22-Jul-2002

    Henri Brandman of Henri Brandman & Co recently had a case in Brighton. Driving back through Streatham, he noticed an armed robbery taking place in full daylight outside a pub. He thought this was rather strange until he saw the TV cameras and realised an episode of something like The Bill was being filmed. Two minutes later (rather good for that road) he was in Brixton and saw another armed robbery taking place in broad daylight. But this time it was real. Spooky.

  • The Leader Column

    22-Jul-2002

    Senior restructuring assistants had better start polishing up their CVs. White & Case is the latest US firm to target the insolvency market by hiring Dan Hamilton from CMS Cameron McKenna. White & Case is following in the footsteps of Sidley ...

  • The long legs of the law

    22-Jul-2002

    Tulkinghorn has his fingers, toes and eyes crossed for Addleshaw Booth & Co lawyer Ann Danson, who is currently limbering up for an appearance in front of millions. For Danson, a solicitor in the firm's private client department, is something of a long jump expert and is leaping for England at the Commonwealth Games spectacular in Manchester later on this month.

  • Travers, Freshfields and CC land work on LSE overhaul

    22-Jul-2002

    Travers Smith Braith-waite, Freshfields Bruckhaus Derringer and Clifford Chance have advised CRESTCo, the London Stock Exchange (LSE) and the London Clearing House on a revolutionary trade settlement system provided for the LSE by CRESTCo.The new system, which took effect on 1 July, will allow traders ...

  • UK counsel in Hong Kong and Singapore

    22-Jul-2002

    Top daily rates for Hong Kong counsel are al-most twice the fees paid to UK silks working in the region

  • UK leans towards contingency fee payments

    22-Jul-2002

    The US style of paying lawyers by contingency fees is growing in the UK, as what is believed to be the fourth firm begins working on this basis

  • We shall not be moved

    22-Jul-2002

    It seems that Scottish firm Dundas & Wilson has been the most reluctant to leave the now defunct Andersen network. The Andersen switchboard is still operational, and if you ring it up and ask for any of the Dundas partners, the receptionist will put you straight through. None of the other former Andersen Legal firms are contactable through the switchboard anymore.The receptionist was not sure how long this facility would be available, but confirmed that Dundas is keeping her ...

  • When will I, will I be famous?

    22-Jul-2002

    In yet another exclusive, Tulkinghorn can reveal that the ILEX (Institute of Legal Executives) tie man is not a legal executive at all but the Karaoke King. Our good friend - real name Matthew Arnold - is in fact a Countrywide Legal Indemnities marketing support executive. He was spotted at The Lawyer Awards plying his sideline in karaoke and Tulkinghorn caught up with him last week. Apparently, his modelling career was kicked off at the ILEX conference, where he was picked out from ...

  • White & Case in insolvency coup

    22-Jul-2002

    White & Case is taking on highly-rated insolvency partner Dan Hamilton from CMS Cameron McKenna, giving the London office its first insolvency capability