23 August 1999

The Lawyer

  • ...as Netherlands merger creates top five practice

    23-Aug-1999

    Ernst & Young's three associated law firms in Holland are to merge, creating a top five Dutch practice.The firms, Van Gijzen Advocaten, Banning Van Kemenade & Holland and Van Benthem & Keulen, will become a single firm on 1 September.The new firm, to be called Holland CS, will have more than 175 lawyers which, following the break up of Loeff Claeys Verbeke, will be the fifth largest firm in the country.In March, Ernst & Young managed to reach ...

  • 3i loses three more lawyers

    23-Aug-1999

    Venture capitalist 3i is facing a major shake-up of its in-house counsel after losing three lawyers in four months.Judith Archibold, who has been with the company for five years, is the latest lawyer to leave the FTSE 100 investment company to join a law firm. Archibold is going to Newcastle practice Dickinson Dees.Fellow 3i lawyer Peter McLintock announced he was joining ...

  • A law unto themselves

    23-Aug-1999

    In our first look at the figures who shaped the legal millennium Alan Hyman reveals the story of 19th Century New York legal team Abraham Hummel and Londoner William Howe, known as Eagle Abe and the Weeper, who became heroes of the criminal set and the bane of the establishment.As we approach the end of the millennium, lawyers are finding innovative ways of generating new business. In the last century, in very different circumstances, two US lawyers also found novel ways ...

  • An appalling way to run the OSS

    23-Aug-1999

    Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, fax 0171 970 4640, e-mail lawyer.edit@chiron.co.uk, DX44700 Soho Square.I refer to the article in The Lawyer (2 August) concerning the suspension of Peter Ross as director of the Office for the Supervision of Solicitors (OSS) and the resignation of Howard Hardy.I feel very strongly on the issue of Peter Ross, having been closely involved with him over many months ...

  • Are firms being led up the garden path?

    23-Aug-1999

    Thirty years ago, there were two ways out of law firms for partners: "They were either dismissed for incompetence or they died," says David Dalgarno, employment partner with McDermott Will & Emery.But the massive changes undergone by City firms over the last 20 years have left their mark on the old partnership ideal. The bonds of loyalty and fraternity have been weakened by ...

  • Asylum seekers deserve better

    23-Aug-1999

    Steve Symonds warns that the new Asylum and Immigration Bill will add to the injustices committed against asylum seekers.Once again, asylum seekers are to be singled out for different treatment as regards welfare provision. The current Asylum and Immigration Bill will take asylum seekers out of the normal system completely, in that benefits and local authority assistance will be denied. A vouchers system for food and other essentials is proposed.Already ...

  • Bank calls up two US giants for BOC sell-off

    23-Aug-1999

    Two Transatlantic heavyweights have been called in to advise on the joint u7.2bn takeover bid by Air Liquide and Air Products of British Oxygen (BOC).In a twist that has puzzled the two firms involved in the deal, Chase Manhattan Bank, the senior debt arranger for the $7bn (u4.4bn) financing deal, has instructed different US firms on either side of the Atlantic.Simpson ...

  • Banker to head King Street set

    23-Aug-1999

    Leading Manchester set 8 King Street has appointed a former managing director of a bank as its first chambers director.Hugh Baird, previously managing director of Frizzell Bank, has been hired to head up the management and strategic development of the set.His experience includes four years as a banking consultant advising on business re-engineering and litigation and eight years as credit and banking director at Provincial Bank.Baird, 47, will be ...

  • Bermuda fraud hearing costing u100,000 a day

    23-Aug-1999

    A fraud case in Bermuda is believed to be costing u100,000 a day, making it possibly the most expensive case in Commonwealth legal history.Sources close to the Bermuda Fire & Marine Insurance fraud litigation on the island are astonished at the mounting costs.The case, which began in May and is expected to last until at least March 2000, involves 28 lawyers, six QCs and solicitors from DJ Freeman, Herbert Smith,

  • Browne Jacobson builds on pensions

    23-Aug-1999

    Nottingham law firm Browne Jacobson has recruited a former City partner to head up its pensions practice.Richard Hulland was a partner at McKenna & Co and Simmons & Simmons before setting up his own practice, based near St Albans, nine years ago.Hulland is to bring his existing clients to his new firm."Not only is Browne Jacobson getting an experienced pensions ...

  • Camerons partner goes to Eversheds

    23-Aug-1999

    National firm Eversheds has hired a banking partner from City firm Cameron McKenna.Robin Parsons, who is 50, has been a lawyer for 25 years and has worked on some high profile deals such as the u1bn United News & Media merger financing, the Goodman International IRu700m rescue and the William Hill/Brent Walker financing.He says: "I have been given the opportunity to develop the ...

  • Case of the week

    23-Aug-1999

    Sacked Kiss FM disc jockey Steve Jackson, who presented Kiss FM's breakfast programme Morning Glory, is taking his former employers to an employment tribunal, alleging they ejected him because they wanted male, white presenters to appeal to a more mainstream audience. Jackson, who earned u80,000 a year and won the Sony Gold Breakfast Presenter of the Year prize earlier this year, claims his employers at the station, which is famous for playing ...

  • CC takes three from Linklaters

    23-Aug-1999

    Clifford Chance has raided Linklaters to strengthen its European competition practice as it prepares for its three-way merger in January.Senior associate Judy Mackenzie Stuart joins the firm from Linklaters' Brussels office as business manager to work on integrating the European practice.

  • CFAs: no win, no lose?

    23-Aug-1999

    Conditional fee arrangements haven't exactly set the legal world on fire. When law firms were given the opportunity to charge clients on a no-win, no-fee basis in personal injury, insolvency and human rights cases from 1995 onwards uptake was slow.It was even slower in big-hitting City firms. But legislation passed last year extended CFA rights to all civil law. And it could make no win, no fee the norm.

  • CGU slashes property panel

    23-Aug-1999

    Insurance giant CGU has cut the number of law firms on its property management panel from 10 to three in its latest cull of outside legal advisers. CGU slashed its insurance litigation panel from more than 100 to 18 in April this year.Beachcroft Wansbroughs, Dundas & Wilson and Iliffes Booth Bennett have been appointed to help dispose of about 100 properties belonging to the company.

  • Clifford Chance advises on rebuilding of Kosovo

    23-Aug-1999

    Clifford Chance is sending lawyers to Kosovo to help the region get back on its feet.Jeremy Carver, head of the firm's international law group, has got the go-ahead from the United Nations Mission in Kosovo for an internet project to support the rebuilding process.Carver says: "One of the first projects was to develop a database, helping to reassemble refugee details. ...

  • Dibbs IP star joins Clyde & Co in Dubai

    23-Aug-1999

    Clyde & Co has poached the leading advertising lawyer outside London from Dibb Lupton Alsop's Leeds office to work in Dubai.Mark Hill, a partner in the firm's IP practice, is credited with making Dibbs a major player in the area.He will be the first IT and IP specialist in the firm's Middle East practice, starting as a partner designate in the team of 11 fee ...

  • Dickinson Dees poaches Arthur Andersen team

    23-Aug-1999

    Newcastle firm Dickinson Dees has poached a senior financial planning team from Arthur Andersen to bolster its private client practice.The move has forced the top five accountant to review its regional management structure.The five-strong team will join Dickinson Dees' private client practice. It is led by David Dale, who headed Andersen's financial planning team ...

  • Digest

    23-Aug-1999

    Allen & Overy is advising Credit Suisse First Boston (Europe), the financial adviser to Hellenic Bottling and Coca-Cola Beverages, and Warburg Dillon Read, also financial adviser to Coca-Cola, on the companies proposed u4.1bn merger. Linklaters is advising Coca-Cola. Beachcroft Wansbroughs is representing Hellenic.

  • Don't judge CC merger before results are seen

    23-Aug-1999

    There are always going to be casualties and malcontents in mergers on the scale of that between Clifford Chance, Rogers & Wells and Punder Volhard Weber & Axster.Rogers & Wells has lost six partners this year, and though some of these departures are for personal reasons, it is still a high number for an 80-partner practice.On the other hand, Clifford ...

  • Eversheds poaches Beachcrofts partner

    23-Aug-1999

    Beachcroft Wansbroughs has lost its head of employment in Bristol to Eversheds.Tony Brown has joined Eversheds' Bristol office as a partner in its expanding employment team.Brown is believed to be the first senior departure from the Wansbroughs Willey Hargrave side of the merger that formed Beachcroft Wansbroughs at the end of last year.Eversheds' Bristol ...

  • Flotation

    23-Aug-1999

    Addleshaw Booth & Co has advised Royal Doulton on its bid to raise u31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

  • Flotations & Financing

    23-Aug-1999

    Herbert Smith partner David Wyles advised BSkyB on taking out a £750m facility to refinance existing facilities of the BSkyB group and to provide working capital. Norton Rose acted for the joint arrangers of the facility Toronto Dominion Bank Europe and Citibank NA. The Norton Rose team was led by telecommunications finance partner Michael Ings.

  • Flotations & Financing

    23-Aug-1999

    Eversheds advised BAX Global on an outsourcing project granted by British Airways for the provision and management of engineering stores and logistic parts with a value of approximately £500m. The team was led by commercial partner Ros Kellaway and included Kris Ashman, in-house lawyer at BAX Global. BA was advised by Simmons & Simmons. The team was led by partners Ken Woffenden and Adrian Kent.

  • Flotations & Financing

    23-Aug-1999

    Addleshaw Booth & Co has advised Royal Doulton on its bid to raise £31.2m through a placing and open offer. Corporate finance partner Richard Fleetwood led the deal. Freshfields acted for financial advisers Cazanove.

  • Four tenants to join One Paper Buildings

    23-Aug-1999

    Premier product liability and construction set 1 Paper Buildings has signed up four new tenants.The set has now recruited eight new barristers since February, bringing the total number of tenants to 36.Dr Evelyn Pollock, a specialist clinical negligence practitioner, joins the existing 11 strong team from Jeremy Gompertz QC's 5 Essex Court.The highly rated construction team, led by John Slater QC who in June relinquished the headship of the set ...

  • Gibson Dunn to expand in City

    23-Aug-1999

    West coast US firm Gibson Dunn & Crutcher is expanding its London office to compete for UK legal work.The Los Angeles-based giant has been in London for 20 years but has only practised US law until now.Gibson Dunn is ranked 14th in the US in terms of gross revenues and has reported profits per partner of $815,000 (u509,375).Paul Harter, corporate partner ...

  • Gilbert's risky strategy

    23-Aug-1999

    Paul Gilbert was poached from a booming plc to a struggling insurance house because, he says, he is seeking a new challenge. And from his new in-house role he is warning firms that they must start proving their worth.The former head of legal at Cheltenham & Gloucester (C&G) was appointed company secretary and head of legal at United Assurance Group (UA) this month. He is adamant that he is going to overhaul the company's in-house legal department and improve its policies ...

  • Hot deals and top firms...

    23-Aug-1999

    1 Canary Wharf flotation Described as "a rollercoaster ride from start to finish", the £2.6bn flotation of Canary Wharf in March marked the closure of the biggest deal of its kind. Allen & Overy acted for the sponsor Morgan Stanley Dean Witter while Clifford Chance represented the Canary Wharf Group, with partner Martin Richards describing the deal as "unique". After nearly going bust at ...

  • IBM's legal chief quits to launch consultancy

    23-Aug-1999

    IBM's most senior UK lawyer is quitting the computer giant after 29 years to set up his own consultancy.Duncan Campbell will stand down in November from his current role as senior counsel responsible for millennium Y2K issues to IBM EMEA (Europe, Middle East, Africa).For seven years, until December 1995, Campbell was general counsel and company secretary for IBM UK Holdings.Although he will be going into semi-retirement, Campbell is already in ...

  • It's been a bad week for...

    23-Aug-1999

    Home secretary Jack Straw (pictured), whose condemnation of travellers makes Prince Philip's gaffes look like the height of diplomacy. Straw has been reported to the police and the Commission for Racial Equality after accusing travellers - legally classed as gypsies under Home Office rules - of burgling, thieving, breaking into cars and defecating in doorways. Straw has previously accused Liverpudlians of being "always up to something" and once called for ...

  • It's been a good week for...

    23-Aug-1999

    Information. The US trial of Florida mother Shirley Egan, 68, who has been charged with the attempted murder of her daughter, Georgette Smith, after she proposed putting Mrs Egan in a nursing home, is set to become the first trial ever to be broadcast over the internet by a court.Lawyers relying on evidence from video surveillance tapes. Assistant Recorder Anthony Leonard QC ruled at Southwark Crown Court that lip-reading evidence is ...

  • Jeff Gordon

    23-Aug-1999

    Fiona Callister meets Mayer Brown & Platt's senior partner Jeff Gordon, whose move in-house to GEC may result in his new employer being added to the firm's client list.

  • Judge reprimands MP for refusing brief

    23-Aug-1999

    A barrister who refused a brief to vote in the Commons has been reprimanded by the Court of Appeal.However, the court quashed a three-month suspension imposed by the bar on Labour's Wirral West MP, Stephen Hesford, saying it was "wholly disproportionate".The penalty was handed down by the bar disciplinary committee after Hesford, of Young Street Chambers, Manchester, breached the bar's code of conduct which forbids returning a brief for which a court ...

  • Linklaters offers no win, no fee deal for pension cases

    23-Aug-1999

    Linklaters is to offer a no win, no fee deal for clients appealing pension decisions.If the conditional fee scheme is successful, it is likely to spread to other areas of commercial litigation.The move follows a change in legislation last year allowing firms to adopt contingency fee arrangements for civil cases. Before, it applied only to insolvency, personal injury, and human ...

  • Lottery deal work goes to Nabarros

    23-Aug-1999

    Nabarro Nathanson is advising the Post Office in its first major deal since it was freed from commercial shackles by the Government's White Paper on its reform in July.The Post Office is making a joint bid for the lottery contract with current operator Camelot, which is advised by Cameron McKenna.Nabarro Nathanson corporate partner Robert Tudway says: "This is the first time ...

  • Lovells advises Dutch group on insurance deal

    23-Aug-1999

    Lovell White Durant is advising Dutch pension group Aegon on its multi-million pound purchase of Guardian Royal Exchange's life insurance operations.Aegon has bought the GRE business from Sun Life and Provincial Holdings, the UK arm of French insurance group AXA, for u759m.The 30-strong Lovells team is led by corporate partners John Young and John Davidson. The other partners involved are Lesley Ainsworth (competition), Lindy Golding (IT) and John Kitchin ...

  • Lucent cuts legal panel

    23-Aug-1999

    Lucent Technologies is reviewing its panel of around 10 UK law firms in a bid to rationalise its legal outsourcing following its rapid expansion in Europe.New York-listed Lucent has 17 lawyers in its Europe, Middle Eastern and African region, and a total market capitalisation of $170bn (u106.25bn).Corporate counsel for the UK and Ireland Nick Holland says that the company is about to do a tender to seven or eight law firms and aims to reduce the panel to three. ...

  • Mike Davies writes on the Commercial Agents Regulations

    23-Aug-1999

    Mike Davies is a partner at Veale Wasbrough.The Court of Appeal case of AMB Imballaggi Plastici SRL v Pacflex Ltd tackled a difficult situation for agents and principals.The issue was whether Pacflex was an agent within the meaning of the Commercial Agents (Council Directive) Regulations 1993.AMB was the Italian manufacturer of food packaging products which Pacflex imported and sold in the UK. Their relationship ceased in 1994. AMB claimed against ...

  • Millennium appeal to be rushed through

    23-Aug-1999

    Roger Pearson reports on a last-minute hearing hoping to clear the way for the funding of a millennium park in Liverpool.The start of an appeal expected to last two days has been set for 25 August in one of the fastest cases to pass through the courts recently.The case involves a last-minute bid to clear the way for Liverpool City Council's plans for a millennium park.The fears are that if the way is not cleared for the scheme to go ahead rapidly, ...

  • Mills & Reeve pitches for private work

    23-Aug-1999

    Mills & Reeve, the East Anglian-based firm, is seeking to expand the operations of its Birmingham office by competing for private sector work with the city's leading firms.The office currently deals with medical negligence work for NHS trusts and insurance litigation.But the firm is planning expansion, almost certainly through a merger, The Lawyer can reveal.

  • New IT team at Berwin Leighton

    23-Aug-1999

    Berwin Leighton is launching a "virtual" information and communications technology department.Berwin Leighton's new department consists of a team of six partners and 16 assistants scattered throughout the firm's departments, and is due to formally launch this month.Corporate department head Quentin Solt says: "We wondered about having all our IT lawyers sit together but felt that would mean them missing out on the support of their departments so we ...

  • Partners quit as Scots merger creates top five law company

    23-Aug-1999

    Leading Scottish firms are facing a serious challenge to their domination of the legal market following a merger which has created the fourth largest practice north of the border.Bishop and Robertson Chalmers, based in Glasgow, has merged with Alex Morison & Co, based in Edinburgh, to create Morison Bishop.The merged firm's combined total of 30 partners and 109 fee earners makes it one of the top five largest firms in Scotland.Neither of the ...

  • Property

    23-Aug-1999

    Rowe & Maw advised on the sale of two home counties shopping centres for u39m. The Quadrant shopping centre in Dunstable and the Kingsland shopping centre in Dalston were sold by the Phillips & Drew Property Partnership to the Charterhouse Shopping Centre Fund for u26m and u13m respectively. Ian Thomas, property partner at Rowe & Maw, acted for Phillips & Drew on the Dunstable sale and for Charterhouse on the Dalston purchase.

  • Property

    23-Aug-1999

    Linklaters advised two clients on major shopping centre deals: the £93m acquisition of the Brunel Centre in Swindon and the acquisition of Wolsey Place in Woking, Surrey. In Swindon the Linklaters team, led by Christopher Coombe, advised MEPC, which acquired the Brunel Centre from Swindon Borough Council, which was advised by Berwin Leighton. In Woking, a Linklaters ...

  • Property

    23-Aug-1999

    Linklaters advised two clients on major shopping centre deals: the u93m acquisition of the Brunel Centre in Swindon and the acquisition of Wolsey Place in Woking, Surrey. In Swindon the Linklaters team, led by Christopher Coombe, advised MEPC, which acquired the Brunel Centre from Swindon Borough Council, which was advised by Berwin Leighton. In Woking, a Linklaters team ...

  • Property

    23-Aug-1999

    Rowe & Maw advised on the sale of two home counties shopping centres for u39m. The Quadrant shopping centre in Dunstable and the Kingsland shopping centre in Dalston were sold by the Phillips & Drew Property Partnership to the Charterhouse Shopping Centre Fund for u26m and u13m respectively. Ian Thomas, property partner at Rowe & Maw, acted for Phillips & Drew on the Dunstable sale and for Charterhouse on the Dalston purchase.

  • Publisher fights for costs

    23-Aug-1999

    Publisher David Elias is heading for a High Court confrontation with Paul Brookes Architects in a battle over a listed building in west London. Elias, represented by West End firm Jeffrey Green Russell, claims that work on an extension at the property in Neville Street, Kensington, was carried out in breach of the terms of listed building consent and had to be rectified after complaints from the local council. The claim says the drawings for the extension did not ...

  • PwC and Andersens to challenge MDP ban...

    23-Aug-1999

    The challenge by PricewaterhouseCoopers (PwC) and Arthur Andersen against the ban on multi-disciplinary partnerships (MDPs) in Holland has been referred to the European Court of Justice.The court's decision on PwC's dispute with the Dutch Bar Association will have a significant impact on the restrictions on establishing MDPs in the rest of Europe.PwC's head of legal practice in The Netherlands Marcel van Oosten says: "One must assume this will ...

  • Quote of the week

    23-Aug-1999

    "Intelligence. A big-time law firm has such a collection of smart people."- Jeff Gordon, current head of Mayer Brown & Platt, who is moving to become general counsel of GEC at the end of this month, explains what he will miss most about private practice. No offence meant, we're sure.

  • Red hot properties

    23-Aug-1999

    Ask any property lawyer what is happening in the sector and the answer will be the same. There is a lot of activity and an overwhelming feeling of optimism, unlike anything seen in the sector for years."The market was very buoyant this time last year," says Linklaters & Alliance property partner Patrick Plant. "But it fell off a cliff in the autumn. There was a huge level of uncertainty, ...

  • Rugby row set for kick-off

    23-Aug-1999

    A challenge over the decision of those responsible for administration of first division rugby to reduce the number of first division clubs from 14 to 12 is to be heard in the High Court on 26 August. The challenge has been mounted by Rotherham Rugby Union FC and the managers of second division rugby. Rotherham and the second division administrators argue that by reducing the number of clubs the first division has breached a 1988 agreement which stipulated the figure should be maintained ...

  • Scuffle of the week...

    23-Aug-1999

    Having failed in his attempts to defeat the Guardian, disgraced jailbird Jonathan Aitken is now about to take on his creditors. Legal history is in the making in an unprecedented attempt by Aitken's trustee in bankruptcy Baker Tilley, advised by Stephenson Harwood head of corporate recovery and insolvency Paul Gordon-Saker, to seize the former Cabinet minister's parliamentary ...

  • Senior telecoms lawyer joins Clifford Chance

    23-Aug-1999

    Cameron McKenna has lost its "London head of telecoms" to Clifford Chance.Senior assistant Stephen Lerner, who claims to be the group head, handed in his resignation last week and will move to Clifford Chance as a senior assistant.However, a Cameron McKenna spokesman plays down the departure, saying Lerner was not the group head because he was not a partner.The ...

  • Soul practice

    23-Aug-1999

    I read Paul Nicholls' comment in Square Mile (2 August) with a sense of disbelief.Obviously he is totally unaware of the challenges and threats faced by the vast majority of the profession when he says "it is difficult for the profession to complain about the application of laws from which many of its members make a good living". Oh to be safely ensconced in an ivory tower in the City!Surely the legal profession has enough to worry about? He is, ...

  • Square Mile

    23-Aug-1999

    I was greatly interested by Chris Jones' article, "Learn to manage the legal business" (The Lawyer, 26 July), and his observations on the increasing need for law firms to embrace more modern and scientific management techniques to maintain profitability.Our industry is exposed to the same forces for change as everything else, from automotive to retail. The factors - greater client and customer sophistication, globalisation, consolidation ...

  • The catch-22 blocking bankruptcy

    23-Aug-1999

    Three of the country's senior judges have refused to close a catch-22 which is pricing thousands of potential bankrupts out of bankruptcy, but called on the Government to resolve the anomaly.The problem exposed by Lightfoot v The Lord Chancellor, 23 July 1999, is that before anyone can go bankrupt, they must put up £250 as security for the official receiver's costs in bankruptcy proceedings.However, the bulk of those wishing ...

  • The Firm

    23-Aug-1999

    Minutes of a recent meeting at The Firm between Jack Pratchard, Tom Henderson, Big Tosh from security and some overseas guests.Pratchard: You know me, Tom. I have a strategic vision for The Firm which has seen us through this far. We copy what all the other firms are doing. If it's good enough for the Herberts it's good enough for the Firmsters. But I have to object to this latest merger madness. Americans of all people! I'd rather ...

  • The Lawyer Inquiry: Christine Winter was born 30-something years ago in Carshalton, Surrey. She is a partner at Berrymans Lace Mawer.

    23-Aug-1999

    What subject(s) did you fail at school?None.What was your first job?Working in a bread shop.What was your first ever salary as a lawyer?u25 per week.What would you have done if you hadn't been a lawyer?Nurse.What was your most satisfying professional moment?Winning the passive smoke case last year.What was your most embarrassing professional moment?Swearing ...

  • This week

    23-Aug-1999

    Expect more amazing revelations from Middlesex Guildhall Crown Court, where three members of a betting syndicate are alleged to have conspired to sabotage Premiership football matches by bribing a security guard at Charlton's home turf, The Valley, to let them fit a remote control device to flood the pitch with darkness halfway through a match.

  • US partners quit prior to CC merger

    23-Aug-1999

    Rogers & Wells has lost six partners in the run-up to its merger with Clifford Chance, The Lawyer can reveal.Property partner Charles Rich has joined New York firm Bare Marx & Upham.Tax specialist Thomas Avent moved to KPMG Atlanta, and technology expert Cynthia Khan has left to move to Florida.Technology partner William Tannenbaum joined Kaye Scholer Fierman ...

  • Warren & Allen gives managing partner position to 30-year-old

    23-Aug-1999

    Nottingham firm Warren & Allen has elected 30-year-old Heather Stanford as its managing partner.Stanford, thought to be the youngest woman in such a high-ranking position, replaces Chris Miller, who is standing down to join rival Nottingham firm Nelsons as deputy managing partner after 21 years with Warren & Allen.Stanford says: "It was a surprise to be asked to do the job, but ...

  • What will cartel crackdown mean?

    23-Aug-1999

    James Wheaton, partner, Clifford ChanceRoger Finbow, partner, Ashurst Morris CrispMichael Cutting, partner, Linklaters & AllianceThe Office of Fair Trading (OFT) is ...

  • Whitbread

    23-Aug-1999

    Three months ago, the completion of Whitbread's £2.8bn attempt to buy the Allied Domecq retailing arm seemed assured.