26 September 2005
Ottakar’s MBO scuppered as Simmons client HMV takes leadSimmons & Simmons has backed the likely winner in the battle for bookstore chain Ottakar’s after client HMV Group made a formal takeover bid. HMV, which owns rival chain Waterstone’s, has put forward a £96.4m takeover proposal, which looks likely to scupper an earlier management buyout (MBO) bid. The independent ...
US firms Gibson Dunn & Crutcher and Cleary Gottlieb Steen & Hamilton have popped up in Deutsche Post's £3.7bn takeover of Exel. Gibson Dunn is providing US legal advice to Exel, while Deutsche Post has instructed Cleary. Meanwhile, S
Swiss pharmaceutical giant Novartis has raided Allen & Overy (A&O) for its new legal chief.
Linklaters land roles on 50-year inflation-linked bond" /Allen & Overy (A&O) and Linklaters have been awarded lead roles on the UK Government's landmark issue of a 50-year inflation-linked bond.
ALSTON & Bird has welcomed back partner Joe Whitley to the fold after two years as the first general counsel to the US Department of Homeland Security (DHS), created in the wake of the September 11 terrorist attacks on New York.
AXA has revamped its in-house department following the departure of group general counsel Noleen John to Norton Rose.
Dublin mid-sizer BCM Hanby Wallace has kicked off a review of its lockstep in an attempt to introduce more flexibility.
Thanks to Yolanda Beckles of Global Graduates...
Having become a regular feature in the US, patent trolls are beginning to cast their nets across the Atlantic, and Europe needs to be prepared. By Morag Macdonald
Bird & Bird has recruited Linklaters tax partner Christian Luthman to launch a tax practice in Sweden. Despite the loss of its co-head of international tax Trevor James to Morrison & Foerster, as revealed in The Lawyer ...
Boston-headquartered firm Brown Rudnick Berlack Israels is actively looking to recruit in California in a bid to launch the firm's first West Coast presence.
Will the A&O and Norton Rose hires be able to shine along Andrew Wilkinson? By Lorraine Cushnie
Cadwalader Wickersham & Taft and Stroock & Stroock & Lavan look set to be the big winners in the bankruptcy cases of Northwest Airlines and Delta, with both firms generating huge fees.
International food and beverage giant Nestlé has dumped CMS Cameron McKenna in favour of Pinsent Masons for its UK regulatory and litigation legal panel.
The 'Young Graduates for Lawyers' scheme, a programme launched in 2003 to encourage talented A-level students from non-traditional backgrounds to pursue a career in law, celebrated the achievements of the first A-level students to complete the scheme. The students came from 25 different schools across London. Linklaters managing partner Tony Angel and Sir Peter Lampl, chairman of the Sutton Trust, presented ...
Howard Kennedy has hired a new assistant, Paul Siddle, who joins the company and commercial department after a two-year stint at Travers Smith.
Clifford Chance has raided Lovells' German practice for a five-strong private equity team, including German private equity head Oliver Felsenstein.
The Paris office of Clifford Chance has launched an investigation into the source of controversial comments about clients that were leaked by a member of staff.
Clifford Chance's communications, media and technology (CMT) team has racked up fees of £8.5m on a jumbo IT outsourcing deal for ABN Amro.
CC to triple China headcount; regional heads to wield more power; firm set to align partner pay to local jurisdictions
Hunton & Williams has taken on the Bangkok office of disintegrating US firm Coudert Brothers.
Davies Arnold Cooper's (DAC) London office has secured an instruction on a £45m hotel development at St Helier in Jersey from Jersey Waterfront Hotel Holding. Property finance partner Paul McCartney acted in the negotiation of a 20-year management contract with Radisson SAS, while senior construction associate Elliot Lewis negotiated the building contract. DAC worked with Jersey firm Ogier & Le Masurier. The deal is financed by HSBC Bank in Jersey. Carey Olsen acted for HSBC, while ...
DLA Piper Rudnick Gray Cary is helping in the fight to bring human rights to Myan-mar by preparing a report to be presented by the UN.
DLA Piper Rudnick Gray Cary's Portuguese ally Miranda Correia Amendoeira & Associados has merged with banking and tax boutique Luis M S Oliveira.
In order to keep the news of former Lovells German managing partner Oliver Felsenstein's move a secret, Clifford Chance's German management gave the private equity star the code name Siegfried.
SJ Berwin has won back senior competition partner Tom Usher from Dundas & Wilson. Usher joined Dundas's Edinburgh office as head of EU competition in January 2004. He had hoped to be doing the majority of his work out of Edinburgh, but the nature of the work and the client base meant his activity continued to be ...
Denton Wilde Sapte (DWS) is losing the head of its Milton Keynes office as Eversheds ramps up its real estate litigation department. Carole Peet, head of property litigation at DWS, will join Eversheds' London office in November. Peet has been at DWS since 1988, becoming a partner in 1993, and is the third partner to go this month. Eversheds also recruited Lovells associate Dan Levy into its London office. ...
Ernst & Young (E&Y) has decided not to launch a defamation suit against Equitable Life despite Equitable’s continued claims that its audit work was negligent.
Equitable Life sensationally dropped its £2.6bn negligence claim against its former auditors Ernst & Young (E&Y) last week (22 September) after spending more than £40m on legal fees.
It's all gone a bit quiet over at Herbert Smith. The collapse of Equitable Life's massive £2.6bn professional negligence claim against Ernst & Young (E&Y) is an unaccustomed failure for the City's premier litigation firm.
The former head of Olswang's Reading office, Marshall Leopold, is leaving the firm next month.
Sole proprietor: Ged HaleTurnover: £750,000Total number of partners: OneTotal number of fee-earners: SevenTotal number of staff: 22Main practice area: Criminal defenceNumber of offices: FourLocations: ...
William Fry go head to head on Kappa-JSG merger" /Freshfields Bruckhaus Deringer and Irish firm William Fry have landed lead roles on the €2.6bn (£1.75bn) merger between Kappa Packaging and ...
Tulkinghorn has on occasion regaled readers with tales of lawyers' former lives. Many a failed popstar, ageing athlete or one-time bartender has graced this august page. Few, however, have reached the dizzy heights (or should that be lows) of White & Case projects partner Neil Upton.
Gate Gourmet's general counsel has hit out against the Transport & General Workers' Union (T&G) for aggravating events surrounding its sacking of 800 staff for striking.
Gibson Dunn & Crutcher advised long-standing client, First Reserve Corp on the £470m sale of UK natural gas producer Caledonia to German power company Eon.
Many law firms are still an amazing source of untapped potential. Untapped because team structures and management remain a long way short of the optimum.
The revelation in last week's issue of The Lawyer that Freshfields now has as many partners in Germany as in the UK has apparently kicked off plans for a rebranding.Tulkinghorn hears that from next year journalists will be asked to refer to "German firm Freshfields". Or perhaps simply 'Frische Felder'.
The Technology and Construction Court (TCC) will next week launch a new guide to the court following a sweeping review designed to improve its reputation.
Shock, horror! Allen & Overy (A&O) New York managing partner Dan Cunningham was not the firm's highest paid partner in the last financial year.
Northwest law firm Halliwells has launched a stunning six-partner raid on its local rivals in Manchester and Sheffield.
Harbottle & Lewis’s head of music Antony Bebawi has scooped a new role as the head of legal affairs at EMI Music Publishing.
Eversheds has made a second raid on DLA Piper Rudnick Gray Cary's regulatory team, hiring partner Kevin McLoughlin for its Leeds office.
National Grid’s legal team has become a centre of excellence in its field. Husnara Begum reports on its development
Herbert Smith has advised the Highways Agency on the completion of a unique project to upgrade England's motorway communications network.
Herbert Smith has raided software company Oracle for a new chief operating officer (COO).
Herbert Smith and Norton Rose are the latest firms to hike their LPC maintenance grants. Both firms are increasing their grants to £7,000. The decisions to bring the firms into line with the amounts paid by Clifford Chance, Linklaters ...
Staying with phones, the switchboard was down at Holman Fenwick & Willan the other day (Wednesday 21 September) - meaning calls were not transferable - leaving the poor receptionists to take messages from everyone, then email the people and they call them back.How's that for a call-screening service?
Irwin Mitchell and three Monckton Chambers barristers are launching a challenge in the European Court of Human Rights (ECHR) against a controversial Spanish property law.
With government IT projects coming up for renewal, Bridget Fleetwood reports on how the public and private sectors are making headway by learning from past mistakes
Hammonds’ former managing partner, Chris Jones, will leave the firm in May next year after the firm's 15-month equity partner lock-in comes to an end.
Since he took the helm at BLP, Neville Eisenberg has hiked profit by 114 per cent. The partners are delighted - but can he keep the associates happy? By Catrin Griffiths
The executive committee of US firm Kilpatrick Stockton has come under attack for its failed 'remote management' of the firm's London office, following the announcement last week that the team is being "restructured".
Kirkland & Ellis has become the latest US law firm to pile into the London landmark building commonly referred to as 'the Gherkin' after signing a lease for new premises.
Kirkpatrick & Lockhart Nicholson Graham has recruited the head of legal and business affairs from client Music Choice Europe.
Irwin Mitchell appears to be in the throes of an identity crisis. Picking up the phone the other day, Tulkinghorn initially thought he had called the wrong number by mistake.
Jim Sturman QC of 2 Bedford Row became the highest-paid criminal defence barrister last year, with fees of £1.2m from legal aid.
If, like my husband's, your firm is located somewhere in the outer reaches of Siberia, it is not only cold in winter - and I mean that as much in a metaphorical, Now, Voyager sense as in the "really wish I'd installed underfloor heating when we did the kitchen" sense - it is also a long, long way from anywhere else.
Lovells has trumped its rivals by hiking both Graduate Diploma of Law (GDL) and Legal Practice Course (LPC) maintenance grants to £7,450 for students in London.
Mayer Brown Rowe & Maw (MBR&M) has rehired senior City of Chicago official Lori Lightfoot some nine years after she first left the firm. Lightfoot will rejoin the litigation practice to focus on matters ranging from complex commercial litigation to internal investigations and corporate compliance. Since leaving MBR&M in 1996, Lightfoot has had varied roles working in Chicago's public sector industry. ...
US firm Morgan Lewis & Bockius has announced a new Japanese joint venture with TMI Associates – TMI’s second international joint venture.
A new firm has set up in the North West which wears its heart on its sleeve by committing to pay 2 per cent of income directly to charities. The lawyers behind Brunswicks, a new specialist firm in Birkenhead advising health and social care providers, have decided that they want to put ethics at the core of their practice. "We want to foster an environment where we take our responsibilities seriously and acknowledge that we are privileged to be among the higher-earning members of society," ...
Norton Rose bags Axa's co-head of legal" /Norton Rose has hired insurance giant Axa's UK co-head of legal in a move to reaffirm its place as one of the company's key advisers. Noleen John (left) joins the firm as a part-time consultant in the corporate insurance team. She was head of the Axa UK Group legal team ...
The regulations governing CFAs are now under the auspices of the Law Society
UK entertainment and media law firm Sheridans is set to launch a new film and television practice after snatching two partners from The Simkins Partnership.
Shoosmiths to split finance and IT head role as director quits the law" /Shoosmiths' head of finance and IT Rosemary Kind has quit to pursue a career in writing after ushering the firm through an incredible four years' growth.
SJ Berwin is to forge a best friends network in the US, fuelling speculation that it will seek a US merger once outgoing senior partner David Harrel steps down from his post.
Skadden Arps Slate Meagher & Flom advised Roman Abramovich on the $13.1bn (£7.4bn) sale of oil producer Sibneft to Gazprom, which was advised by Linklaters.
Taxand, the alliance of tax boutiques born out of the ashes of Andersen Legal, has welcomed 10 new firms to its network, including UK firm Chiltern.
The news that one criminal silk - Jim Sturman QC of 2 Bedford Row - was paid the grand sum of £1.2m in legal aid fees last year caused quite a ruckus in the press. But Tulkinghorn can exclusively reveal the real Sturman, a man far removed from the bewigged and serious barrister who was splashed all over the nationals.
The success of online gaming is cutting no ice in the US, with many politicians zealously opposed. But does it matter? Hilary Stewart-Jones reports on an industry balance
Jeffrey Bailey, real estate partner, Paul Hastings Janofsky & Walker
Midtown firm Wedlake Bell has snared rival Boodle Hatfield's former managing partner after he was ousted from the role during a management overhaul last year.
US firms White & Case and Baker & McKenzie (B&M) are among the first international firms to benefit from Serbia's growing post-war market, having advised on the successful acquisition of a stake in Serbian mobile telecommunications carrier Mobtel.
US firm Wilmer Cutler Pickering Hale and Dorr will start using the shortened name WilmerHale from October 1.
Berwin Leighton Paisner's (BLP) star head of real estate Robert MacGregor has landed the most coveted real estate instruction this year, advising the Wood Wharf Partnership on its £2bn Docklands regeneration project.