23 October 2000

The Lawyer

  • 20 Essex St hires veteran US arbitrator

    23-Oct-2000

    A leading US arbitrator and former White & Case partner is joining 20 Essex Street Chambers as an international associate tenant.

  • 4-5 Gray's Inn loses top silk to High Court Bench

    23-Oct-2000

    Leading planning and environment silk Duncan Ouseley QC is leaving 4-5 Gray's Inn Square to join the High Court Bench.

  • A VIEW from SILICON VALLEY

    23-Oct-2000

    It probably goes without saying that the demand for legal services in the Bay area, which includes Silicon Valley, has been extraordinarily high in recent times.

  • a year ago this week

    23-Oct-2000

    Camerons unveils SA alliance

  • Anglo American

    23-Oct-2000

    Anglo American sells 43 former Tarmac businesses for £75m on OFT recommendation. Anglo American advised by Eversheds (Helen Ridge) and Linklaters & Alliance acted on the undertakings given to the Secretary of State. McGrigor Donald advised on Scottish issues.

  • Arnold & Porter expands tax team with NY partner

    23-Oct-2000

    Washington DC firm Arnold & Porter has pulled off a coup in New York by attracting the former chair of the international tax team from Jones Day Reavis & Pogue.

  • B&M wins back IP partner

    23-Oct-2000

    Baker & McKenzie has appointed a new partner to its Hong Kong IP department.

  • Bayerische

    23-Oct-2000

    Bayerische Hypo und Vereinsbank and Standard Bank London lead $40m (£27.8m) syndicated project financing for Julietta gold mine. Mayer Brown & Platt London advised the banks, Russian firm Padva Rosenberg advised on Russian Law. Fasken Martineau DuMoulin in Vancouver advised borrower Omsukchansk Mining and Geological company and project sponsor Bema Gold Corporation.

  • BOOK REVIEW

    23-Oct-2000

    Flash Web Design by Hillman Curtis, published by New Riders (ISBN 0735708967)Marketing is, of course, fundamentally about communication, which in turn is fundamentally about design. Whether this is the design of a logo, an advertisement, a brochure, or just the design of a sentence, it is the selection, layout and positioning of the individual components of a message that governs its effectiveness.This basic tenet ...

  • Brief encounter: allen & overy

    23-Oct-2000

    The promises of riches to be reaped from the energy sector persuaded Allen & Overy to open its Moscow office in 1993.While it has been working with Russian-based clients for a number of years, the firm took the bold step of opening in the region, led by energy lawyer Doran Doeh.Doeh had previously worked as an in-house lawyer at Burmah Oil (North Sea), the ...

  • Camerons offloads its Central Asia lawyers

    23-Oct-2000

    Dentons hires controversial team to boost Tashkent and Almaty; Camerons keeps Moscow office

  • Camerons sets up HK banking team

    23-Oct-2000

    CMS Cameron McKenna has launched a Hong Kong banking practice, 20 years after arriving in the region.

  • CC advises Wates on £250m property sale to Prudential

    23-Oct-2000

    Clifford Chance has advised Wates City of London Properties on one of the largest real estate investment sale transactions in the City this year.

  • Child development

    23-Oct-2000

    The Human Rights Act 1998The Human Rights Act 1998, which came into force on 2 October this year, incorporates into domestic law the rights set out in the European Convention on Human Rights (ECHR). Of particular significance to family lawyers are the convention rights in Article 6 of the right to a fair hearing, and Article 8's right to respect for family life.All private and public law children cases involve Article 6 and Article 8 rights. ...

  • Clifford Chance to recruit former UBS global counsel

    23-Oct-2000

    Clifford Chance is poised to take on the former global general counsel of UBS Warburg Dillon Read. Mark Harding is planning a return to the firm he left in 1996, when he decided to join the investment banking arm of UBS.

  • Clyde & Co hires Novartis UK legal chief to open IP practice

    23-Oct-2000

    The head of legal at biotechnology company Novartis UK is leaving to join Clyde & Co.

  • CMS partner opens in former Yugoslvia

    25-Oct-2000

    The office, which is part of the international network including CMS Cameron McKenna, will specialise in a number of areas including M&A, privatisation and company formation and will he headed up by Serbian lawyer Radivoje Petrikic.

  • DOCTOR SPIN

    23-Oct-2000

    AUK company with a massive global presence, an instantly recognised name and the sort of relationship with its customers that's to die for, is understood to have appointed its first advertising agency.Cheetham Bell, one of the North's biggest agencies, is believed to have picked up this dream multimillion-pound account after building up a relationship with the company's chief executive officer and group marketing director while they held ...

  • Eversheds moves Leeds head to London

    23-Oct-2000

    Eversheds is attempting to join the City private equity race as it relocates its Leeds head of corporate to head its London department.

  • Express Yourself

    23-Oct-2000

    With Express Newpapers embroiled in a three-way takeover bid, Bal Khela discovers how the newspaper's legal department sees the future

  • Farrar's loses leading silk to Fountain Court

    23-Oct-2000

    Magic circle set Fountain Court has taken commercial silk Stephen Rubin QC from John Leighton Williams QC's chambers Farrar's Building.Farrar's Buildings has been trying to edge away from common law by encouraging its stars to develop a stronger commercial practice. This will undoubtedly leave a dent in the new strategy.Senior clerk at Farrar's Building Alan Kilbey says: "Stephen Rubin QC is a first-class barrister whose practice has gone ...

  • FINANCE

    23-Oct-2000

    Oil company Petroplus International closes euro150m (£88.6m) offering. Weil Gotshal & Manges advised Petroplus (Michael Brady, Paul Claydon, Erica Handling, Andrew Norwood) Latham & Watkins acted for the initial purchasers of the notes, ING Barings and Deutsche Bank

  • FINANCE

    23-Oct-2000

    Bank of America and Abbey National Treasury Services arrange £685m financing for the Birmingham Northern Relief Road, the first tolled motorway in the UK. Allen & Overy advised Bank of America and Abbey National (Anne Baldock). Borrower Midland Expressway advised by Ashurst Morris Crisp (John May, Mark Elsay), and ...

  • FINANCE

    23-Oct-2000

    VSZ sells steel making business to US Steel for $495m (£344m). Linklaters advised VSZ on corporate and banking restructuring (Jo Windsor, Tom Wells), while Squire Sanders & Dempsey gave Slovak advice. US Steel represented by Weil Gotshal in London and Prague. Banks advised by

  • Financial break-up

    23-Oct-2000

    PENSION SHARING - 1 December 2000According to newspaper reports last week, the rich and unhappily married are beating a path to lawyers' doors in the hope of being able to push a divorce through before 1 December. This is when the new provisions relating to pension sharing, as contained in the Matrimonial Causes Act 1973 amended by the Welfare Reform and Pensions Act 1999, come into force.The new legislation represents a major social change ...

  • Former CC partner becomes Barclays Capital MD

    27-Oct-2000

    Andrew Taylor, who practiced at Clifford Chance for 21 years, is joining the investment banking division of Barclays Bank as managing director and general counsel for the UK, Europe and Asia Pacific.

  • Hartford

    23-Oct-2000

    Hartford Financial Services Group sells subsidiary Zwolsche Algemeene to Allianz subsidiary Assurances Générales de France (AGF). Hartford advised by Allen & Overy's UK, Dutch and Luxembourg offices (Mark Wippell, Maartin Muller and Marc Feider). AGF represented by Bredin Prat & Associés (Richard Shepherd) and Stibbe Simont Monahan Duhot.

  • Hays buys recruitment agency ZMB

    23-Oct-2000

    Business-to-business service provider Hays has acquired legal recruiter ZMB to combine with Hays Richard Owen, Hays' legal recruitment arm.

  • JLPBS

    23-Oct-2000

    JLPBS Forbury, a joint venture between John Laing Property and the Bank of Scotland, acquires Energis House in Reading. Two leasehold interests were surrendered by Caradon and Energis. CMS Cameron McKenna advised JLPBS Forbury (David Saunders) and Caradon (Colin Jesson). Davies Arnold Cooper advised Energis (Ian Hunter).

  • julietta gold mine

    23-Oct-2000

    This is reportedly the first mining project financing in Russia to be funded by commercial banks and not solely by multilateral lenders.

  • LEGAL WIDOW

    23-Oct-2000

    I took my career-girl friend Abigail to the Harvest Festival assembly at school, where I was delighted to see her dissolve into tears at the sight of Deminimus and Liability dressed as onions. ("Shallots, I hope," she whispered. "It is a private school, isn't it?")

  • Linklaters in-house survey suggests mass unrest

    23-Oct-2000

    Linklaters & Alliance is facing a potential assistant exodus if the results of a firm-wide survey are to be believed.According to a number of sources, a "climate" survey sent out to all the firm's offices reveals that a high percentage of assistants in certain groups of the practice are planning to leave the firm.One source says that in one of the firm's corporate groups, ...

  • Lovells team wins £70m for Abbey National in £460m leaseback deal

    23-Oct-2000

    Lovells' property team has steered Abbey National to a £70m profit in the first-ever sale and leaseback deal for a UK bank, worth around £460m.

  • Mofo fortifies New York office in response to increased IP demand

    23-Oct-2000

    Los Angeles firm Morrison & Foerster (Mofo) is ramping up its New York presence with the appointment of three new partners.

  • National Power lawyers get snapped up

    23-Oct-2000

    Companies in the South West have reaped the rewards of the in-house fallout that followed National Power's decision to demerge to become International Power and Innogy.

  • nomura

    23-Oct-2000

    This is the ninth deal Weil Gotshal's UK office has acted on for Nomura's corporate finance department - not least due to the lead lawyer on the transaction, Stephen Lloyd, spending five months at the investment bank on secondment from the firm. Although Weil Gotshal's US office has counted Nomura as a client for more than three years, it was through Lloyd's connection that the UK branch was able to grab a piece of the pie. The principal areas the firm's UK office has acted on revolve ...

  • Nomura

    23-Oct-2000

    Nomura invests £10m in a joint venture with Barclays Bank providing £20m funding for a Barclaycard branded internet shopping portal. Nomura advised by Weil Gotshal (Stephen Lloyd). Barclays Bank was represented by Allen & Overy (Andrew Caunt).

  • Northern exposure

    23-Oct-2000

    The clock is ticking. Six months have passed, and the nine-month benchmark is fast approaching. Tony Williams, senior partner at Andersen Legal UK and managing partner of Andersen Legal worldwide since March, will have to start delivering soon. The man who was instrumental in shaping Clifford Chance for the merger which made it the largest firm in the world now has another massive task ahead of ...

  • NTL

    23-Oct-2000

    NTL acquires Scanners Television Outside Broadcasts. NTL advised by Barlow Lyde & Gilbert (Keith Snedden). Scanners advised by Freeth Cartwright Hunt Dickens.

  • One Essex Court trails behind rivals in House of Lords cases

    23-Oct-2000

    Magic circle chambers One Essex Court has a surprisingly low profile at the House of Lords, with only one silk from the set appearing in the last judicial year.

  • Opinion

    23-Oct-2000

    Last week the Law Society said it was considering legal action because of some comments made by legal expenses insurer DAS about drawbacks to the new Accident Line Protect Scheme (ALPS). Now that the Law Society has entered the commercial game they should learn to take criticism without throwing their dummy out of the pram.The Law Society and Abbey Legal Protection started an after-the-event insurance scheme back in 1995. The premiums were about £95 for £100,000 ...

  • petroplus

    23-Oct-2000

    This is the first time Weil Gotshal & Manges has acted for Petroplus International and is one of the few recent non-telecoms European high yield debt offerings.

  • Quoted Property

    23-Oct-2000

    Quoted property company Dencora in £75m agreed takeover by Knowle Hill Properties. Dencora advised by Nabarro Nathanson (Gareth Jones, Iain Newman). Linklaters represented Knowle Hill (Olivia McKendrick).

  • real estate

    23-Oct-2000

    When the recession of the early 1990s made property about as uncool as a 1980s wardrobe, Nabarro Nathanson was one firm that refused to be swayed by fashion. But like batwing T-shirts and diamanté, property is back with a vengeance. City firms have rediscovered the sector in new and more profitable guises, allied to cutting-edge finance expertise. Nabarros now has a property practice most City firms would ...

  • Shearman & Sterling boosts Silicon Valley with IP expert

    23-Oct-2000

    Shearman & Sterling is beefing up its Silicon Valley office just three months after two top partners jumped ship.

  • Slaughters hikes pay to avoid assistant exodus

    23-Oct-2000

    Slaughter and May is set to introduce its highest salary increases to date in a bid to stop assistant departures and in recompense for an increasing workload.

  • Sumitomo Corporation

    23-Oct-2000

    Sumitomo Corporation sells its 50 per cent share in Vintners Place to Wates City of London Properties. Sumitomo advised by Linklaters (Patrick Plant), Wates advised by Clifford Chance (Damian Perry).

  • Technology

    23-Oct-2000

    Technology services company Utilitec in take-private deal. Browne Jacobson (Rob Metcalfe) advised Utilitec. Independent directors and the company advised by Eversheds' Nottingham office (Ben Johnson).

  • the Leader column

    23-Oct-2000

    You might think that the magic circle firms are full of lofty, magisterial types with their eyes on a grand strategic vision. Not a bit of it. The further up the ladder you go, the more worked up (not to say paranoid) you can become.

  • The prying game

    23-Oct-2000

    There is, as the cliché goes, no such thing as an easy divorce. But when the split involves high-profile celebrity clients, jockeying for position in the hearts of an adoring public through the press can be as much of an issue as who keeps the St Tropez villa.For a lawyer whose professional ethics embrace the importance of confidentiality, it can make handling divorce proceedings even more tricky than usual.Those who pick up the pieces ...

  • Throwing the book away

    23-Oct-2000

    Publishers of the big two legal directories, Chambers & Partners and The Legal 500, would have us believe that all lawyers have one day a year marked in red in their collective diaries.This is the day when members of the legal world find out where they are ranked in the directories, and by implication the eyes of their peers, with the publication of the new editions.However, while there can be few law firms or in-house legal departments ...

  • Travelling the bumpy road to Tashkent

    23-Oct-2000

    CMS Cameron McKenna's Central Asia practice has been bedevilled by controversy in recent times

  • Trenité splits up Amsterdam and Rotterdam to hike merger appeal

    23-Oct-2000

    TrenitÉ Van Doorne, The Netherlands' fourth largest law firm, has announced that its Amsterdam and Rotterdam offices are demerging.

  • Two depart Halliwells in a fortnight

    23-Oct-2000

    Manchester firm Halliwell Landau is losing its second corporate partner in as many weeks.

  • Unihold

    23-Oct-2000

    Unihold International acquires a 60 per cent stake in German IT consultancy BKC with an option to acquire the rest of the company for DM40m (£12.1m). Unihold advised by Berwin Leighton (Simon Pollock) and on German law by Raupach & Wollert-Elmendorff. BKC advised by Haarmann Hemmelrath.