The Lawyer
27 May 2002
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1 Fountain Court and St Philips in merger talks
27-May-2002
Birmingham sets St Philips and 1 Fountain Court are considering merging to form the UK's largest set of chambers
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40 King Street appoints two new barristers
27-May-2002
40 King Street Chambers has strengthened its Leeds team with the recruitment of two new barristers
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A&O maintains growth as turnover continues to rise
27-May-2002
Allen & Overy (A&O) has posted a better than expected turnover for the last financial year, with gross fees rising by 17.4 per cent to £580m
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Babbes prepares for outside e-influence
27-May-2002
Guernsey firm reacts to predictions of e-commerce influx with dedicated team
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Bar talk
27-May-2002
Did Naomi Campbell's 'successful' litigation against The Mirror pave the way for a new law of privacy?
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Barclays Capital hires new head of legal for Hong Kong
27-May-2002
Barclays Capital has recruited a new head of legal in Hong Kong
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BPE breaks new ground by allying with Estonian firm
27-May-2002
Cheltenham firm BPE has formed a timely but unusual link-up with a firm in Estonia, the country that played host to last Saturday's Eurovision Song Contest
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Brown envelope at airport sees Tower Snow come down to earth with a bump
27-May-2002
Ex-Brobeck Phleger & Harrison chairman Tower Snow has been expelled from the firm following the leak of the attempted 35-partner exodus to Clifford Chance, which he led
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CC conflict hands Herbert Smith landmark Rotch deal
27-May-2002
Herbert Smith has scored its first property deal for Rotch, advising the real estate conglomerate on its £327m acquisition of Shell Mex House on the Strand
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CC downsizes international trade practice after star partners retire
27-May-2002
Clifford Chance is winding down part of its highly-rated international trade practice in the wake of the retirement of its key trade practitioners
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Clyde & Co takes on Sinclair Roche duo
27-May-2002
Two Sinclair Roche & Temperley partners who have opted out of joining Stephenson Harwood when the two firms merge have been hired by shipping specialist Clyde & Co
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Dairy farmers to sue Burges Salmon for £5m
27-May-2002
Burges Salmon is being sued for around £5m by 34 dairy farmers over alleged negligent advice it gave relating to EU restrictions on European milk production
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DEAL OF THE WEEK - RAG AKTIENGESELLSCHAFT
27-May-2002
CC Pünder advises RAG in landmark German deal
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Deals summary
27-May-2002
Speechly Bircham (Nick Janmohamed, Andrew Collins, Trevor Bettany) advised Applied Psychology Research on its £2.6m acquisition of the assets of Smartlogik Group. Smartlogik advised in-house (Rachel Bastin) and by Theodore Goddard.Baker & McKenzie (James Richards, Phil Suse) advised Management Consulting Group on its £37.7m acquisition of Parson Group. Parson Group advised by Katten Muchin Zavis Rosenman and Macfarlanes. KLegal advised the underwriter Beeson ...
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Deals summary
27-May-2002
SJ Berwin (Jon Vivian) acted for Brixton plc on the £51m disposal of two properties, in Milton Keynes and New Southgate, to Pearl Assurance. CMS Cameron McKenna (Mark Heighton) acted for Pearl.McGrigor Donald (Michael Watson) acted for the Royal Bank of Scotland on the Cheshire Police Authority's first PPP deal, the £40m construction of a new headquarters. McClure Naismith acted for the Cheshire Police Authority.CMS Cameron McKenna (Andrzej Blachis) ...
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Deals summary
27-May-2002
Lovells advised ING Bank as agent, trustee and underwriter on a $108m (£74m) sale and leaseback of 70,000 containers owned by Evergreen Group of Taiwan. Evergreen advised in-house.Linklaters advised Société Général and ABN Amro Rothschild as underwriters and lead managers on a e165m (£104m) convertible bond issue by Aegis Group. Slaughter and May advised Aegis.Clifford Chance (Adrian Cartwright) has advised Schroder Salomon Smith ...
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DLA's turnover defies slowdown
27-May-2002
DLA has shown a dramatic growth in turnover and profits as it surpasses targets for the financial year 2001/2
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Eversheds Dutch alliance fragments
27-May-2002
Eversheds has lost its Dutch alliance as the Amsterdam-based firm Boekel De Nerée pulls out of the exclusive alliance
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Finance
27-May-2002
Cadwalader Wickersham & Taft has hit the headlines more than usual in the past few months. This may have something to do with the high-profile recruitment of banking partner Stephen Mostyn-Williams but it is also likely to be because of the constant barrage of restructurings which have come knocking on Andrew Wilkinson's door.Now that we are at the peak of restructuring in the latest economic cycle it is easy to congratulate Cadwalader on securing such a successful role ...
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Firm conviction
27-May-2002
In a world where parner loyalty is fading fast, SJ Berwin senior partner David Harrel is a rarity indeed. Kathryn Hobbs meets the 'face' of the firm
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Future of Eversheds' Derby office in doubt
27-May-2002
Twenty lawyers at Ever-sheds' Derby office have been transferred to Nottingham in what looks to be a precursor to the eventual closure of the office
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Gibraltar in plan to drop offshore label
27-May-2002
The term 'offshore jurisdiction' to describe Gibraltar may be dispensed with
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Glencore-Metro dispute wraps up
27-May-2002
What do you get when you combine some missing oil with the collapse of a floating oil storage facility?
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Govt remodels asylum regime to cut back delay
27-May-2002
The Government hopes to reduce delays in asylum appeal cases with the introduction of a new statutory review process set out in amendments to the National Immigration and Asylum Bill
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Grewcock and balls
27-May-2002
Norton Rose wins the prize for best corporate entertainment this month and Tulkinghorn is very pleased indeed that he and other selected journalists were invited to tag along too. The firm has sponsored the Heineken Cup rugby tournament and the good news is that it chartered a train to take 700 or so clients to see the Leicester Tigers take on Munster in the final at the Millennium Stadium in Cardiff. However, the bad news is that a number of partners were roped into posing for a series ...
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Grimaldi forces CC out of Rome office
27-May-2002
Italian practice splinters as rebel faction quits; CC in management compromise
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Hackney creates new legal position for recruit
27-May-2002
The London Borough of Hackney has created a new role of directorate of law and probity that will be filled by Meic Sullivan-Gould
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Hammonds launches formal pro bono scheme
27-May-2002
Hammond Suddards Edge has launched its first formal pro bono scheme
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Hammonds rejigs lockstep to add performance tests
27-May-2002
Hammond Suddards Edge has overhauled its partnership structure in a bid to make its equity partners perform for their share of the firm's profits
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Hill Dickinson loses another to Liverpool firm
27-May-2002
Niche Liverpool property firm Murphy Hodgkinson has poached Hill Dickinson's head of property development Vincent Fairclough
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Hobson Audley takes client to AIM
27-May-2002
London-based corporate and technology firm Hobson Audley has won a new client and cemented the relationship by taking it to AIM
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Hot on the press
27-May-2002
If you ever thought being in-house was the soft option, think again. Kathryn Hobbs talks to The Guardian's legal head Siobhain Butterworth about practising law at high speed
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Islands to overhaul laundering laws
27-May-2002
The Isle of Man, Jersey and Guernsey started work in May on proposals for a review of their anti-money laundering regimes
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Jersey quandary over tax directive
27-May-2002
The Jersey government has announced its intention to introduce legislation that will mean EU residents who invest on the island will no longer be exempt from tax payments in their native country
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Kingfisher pulls in heavyweights to fight for control of Castorama
27-May-2002
Freshfields Bruckhaus Deringer, Allen & Overy (A&O) and Paris boutique Ginestié Paley-Vincent & Associés are advising on Kingfisher's e5.1bn (£3.24bn) attempt to buy out the remaining 45 per cent of its joint venture with French DIY company Castorama.Freshfields is the longstanding corporate adviser to retail conglomerate Kingfisher, which includes Comet and B&Q and until last year included Superdrug and Woolworths. Freshfields advised Kingfisher ...
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KLegal makes first partner hire since McGrigors merger
27-May-2002
KLegal has hired Duncan Buchanan, a pensions partner from Garretts
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Law Soc IT penalties cause internal unrest
27-May-2002
Law Society backbenchers are kicking up a storm over nearly £800,000 they say has been wasted on the society's controversial new IT system, Project Engineer
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LCD to hike civil court venues by fifteen per cent
27-May-2002
The Lord Chancellor's Department has announced that it will increase the number of civil court venues by at least 15 per cent in an attempt to give better access to those using the courts
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LeBoeuf raids Paul Hastings for energy team
27-May-2002
Paul Hastings Janofsky & Walker has been dealt a blow in its London growth plans after losing its energy team to the larger office of LeBoeuf Lamb Greene & MacRae
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Legal Widow
27-May-2002
The head of department has sent round a memo warning that he's taking special note of swipecard check-in times for the duration of the World Cup, but the prospect of watching England holds no fears for the Lawyer - he's invited his top five clients to a series of seminars at the local Aussie sports bar and is writing the whole lot down as practice development.That only takes care of a handful of games, though; for the rest, he's booked out the video conference suite, claiming ...
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Lighting the way
27-May-2002
Jersey and Guernsey remain as popular as ever for private client and commercial entities. Steve Meiklejohn reports on the regulations being implemented to keep it that way
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Lords gives planning lawyers food for thought
27-May-2002
Planning and property lawyers are grappling with last week's surprise House of Lord's decision on the timing of applications for the judicial review of planning decisions
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Martineaus loans chief to client
27-May-2002
Martineau Johnson's head of energy and projects Andrew Whitehead has been seconded to the in-house department of long-term client the National Grid while the company proceeds with its proposed merger with Lattice Group
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McDonald's suffers its own Macattack
27-May-2002
Fast food giant McDonald’s has been challenged to a High Court battle by a commercial artist who claims that the burger chain’s use of corporate logos is in “flagrant breach of copyright”
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MoFo and Jones & Warner join forces
27-May-2002
Morrison & Foerster (MoFo) has ramped up its English law capability by merging with employment boutique Jones & Warner
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Nabarros insolvency expert joins Moon Beever
27-May-2002
Moon Beever has scored top Nabarro Nathanson insolvency expert Michael Prior to bolster its insolvency and business recovery department
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Norton Rose advises Marriott and Orion on Mayfair property purchase
27-May-2002
Norton Rose landed roles on both sides of Marriott and Orion's £27m acquisition of 47 Park Street, Mayfair, after Paris lateral hire Thierry Leleu brought work on the deal with him from Mayer Brown & Platt.In London, Norton Rose advised the purchasing joint venture on the financing and also advised Orion European Real Estate Fund on structuring the joint venture with Marriott Vacation Club International (MVCI). The deal marked a UK debut for Orion and a new client ...
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Norton Rose forms mmO2 relationship
27-May-2002
Norton Rose is muscling in on mmO2's informal panel of legal advisers
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Offshore jurisdictions slammed for paying 'lip service' to laws
27-May-2002
Accusations have been levelled at some offshore jurisdictions of paying lip service to laws designed to improve transparency and reduce corruption
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Olswang swallows up Garretts' Reading office
27-May-2002
Olswang is to merge with Garretts' Reading practice
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O'Melveny and others pay millions to Capital
27-May-2002
Top-30 US firm O'Melveny & Myers is to stump up $8m (£5.5m) as part of a larger settlement with creditors of Capital Consultants
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Opinion
27-May-2002
More than 45 representatives of leading firms attended a breakfast briefing a few weeks ago, co-sponsored by The Lawyer and entitled 'Wake up to the potential of your property'. They heard about the open-plan pilots at Allen & Overy (A&O), wireless technologies and managing change - all pointing to the benefits of facilitating and promoting collaboration. The subject was topical and so, in the medicinal sense, was the approach. What we were being asked to consider ...
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Paradise found
27-May-2002
The Grand Court of the Cayman Islands has moulded itself into the ideal place for commercial litigation. Andrew Jones QC and Mac Imrie discover the attractions (apart from the obvious)
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Pinheads to avoid stripes
27-May-2002
The Argyle Partnership, which - according to the press release at least - is one of the "UK's leading specialists in legal recruitment", has jumped on the dress code bandwagon. Come on guys - don't you read the press? Even the Law Society has got there before you by some three weeks. Their advice, following the Law Society's much publicised report, is to stay clear of the pinstripe suit.At the beginning of this month, the Law Society released a guidebook, which ...
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Police Academy 8: nerd patrol
27-May-2002
Not content with playing 'bad cop' in laying off legions of Shearman & Sterling associates, managing partner Robert Treuhold has taken a turn at hanging out with some genuine law enforcement agents. And being a man of substance, he didn't start at the bottom.Last week, Treuhold was sworn in by Police Commissioner Ray Kelly as 'Commanding Officer for a Day' with the New York Police Department. Perhaps his moniker as the Shearmanator has gone to his ...
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Potter quits White & Case - and the law
27-May-2002
First edition of Offshore Lawyer inside
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Prophylactic tactic
27-May-2002
Hammond Suddards Edge's marketing department is in something of a quandary at the moment. A couple of recent client wins have provided excellent opportunities for publicity.First the firm picked up Interflora - easy. Those clever marketing people just laid out the lawyer handling the work on a bed of flowers. A couple of snaps later and he can consider his marketing obligations fulfilled and get back to the job in hand. Sorry, job in hand might be a slightly inappropriate ...
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Quashing laundry
27-May-2002
Since 11 September, the law has been cracking down on money laundering and terrorist funding. Stephen Hellman discovers what Guernsey is doing to meet the requirements
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Question of trust
27-May-2002
Fraser Robertson reports on the Royal Court of Jersey's recent decision concerning the right of strangers to view documents of a trust when they are attacking the heirship of that trust
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SACKER & PARTNERS
27-May-2002
In 1996, Sackers opted to go niche - and it hasn't looked back since
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Shearmans lands CC competition ace
27-May-2002
Shearman & Sterling has taken on Clifford Chance senior associate and French competition law expert Jean-Mathieu Cot
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Shook Hardy merges with Arnander Irvine in London
27-May-2002
US litigation giant Shook Hardy & Bacon has merged with London litigation specialist Arnander Irvine & Zietman to form a transatlantic practice focused solely on contentious work
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Sidley picks up Simmons Hong Kong litigation team
27-May-2002
US firm Sidley Austin Brown & Wood has raided Simmons & Simmons in Hong Kong to give its China practice a litigation capability
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Simmons partner joins Fladgates
27-May-2002
Fladgate Fielder has taken on ex-Simmons & Simmons partner and head of the Abu Dhabi office Simon Pithers (left) as a partner in its corporate department
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Simmons, Watson Farley stop talking
27-May-2002
Simmons & Simmons broke off merger discussions with Watson Farley & Williams last Tuesday (21 May), confirming reports that the plans were being opposed by a corporate contingent
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Sixteen quit Goldsmith to join Hardwicke Bldg
27-May-2002
Exodus creates UK's largest set; Goldsmith's future in doubt
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Speechly Bircham ramps up financial services
27-May-2002
Speechly Bircham has taken on financial services partner Vincent Mercer from niche City firm Foort Mercer
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Stephenson Harwood and Dechert make layoffs
27-May-2002
Stephenson Harwood and Dechert are making redundancies, blaming their decisions in part on post-merger restructuring
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Stopping the rot
27-May-2002
Since 11 September, international law has been burying bribery and corruption under an avalanche of legislation. Alan Osborn reports
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Swedish govt agency funds fight on terrorism
27-May-2002
The Swedish International Development Cooperation Agency has provided $75,000 (£51,500) to the International Bar Association's (IBA) taskforce on international terrorism
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The Addleshaws axe massacre
27-May-2002
Slashing eleven partners in one fell swoop is what Addleshaws sees as the path to growth for its national practice. But the horror of failure lurks just out of vision. The problem is London. Caroline Davies reports on the nightmare on Cannon Street
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The Leader Column
27-May-2002
The eight partners of Garretts' Reading office must be feeling much loved right now. Unused to any attention from the Andersen management, they suddenly had no fewer than four firms fighting for their favour. Charles Russell, Field Fisher Waterhouse, Olswang and Osborne Clarke were involved in a bidding war for Reading all at different stages. First it was Field Fisher and Osborne Clarke, both of which then withdrew, leaving Olswang to fight it out with Charles Russell.So what ...
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White & Case wins historic Czech deal
27-May-2002
White & Case Feddersen has advised German gas giant RWE Gas on the biggest privatisation deal in Czech history, worth $3.6bn (£2.47bn).RWE, Germany's second largest gas utility, has acquired 97 per cent of TransGas and shares in eight Czech Republic gas distributors from the National Property Fund, as part of its European expansion plan.Led by partner Ivan Cestr, the team of lawyers from White & Case advised RWE on the M&A, regulatory, structuring and ...
