Denton Wilde Sapte has today confirmed that it is to make up to 70 redundancies in its London office, following an announcement at an internal meeting last night.The firm has now entered consultation with both fee earners and support staff, and those hit are expected to be leaving next month.Up to 40 fee earners will […]
Luther Menold has lost real estate partner Martin Meissner to Latham & Watkins. Meissner joined the US firm’s Frankfurt office today and will specialise in real estate transactions, property finance, real estate restructuring and privatisation.
Arthur Andersen’s former head of North America has resurfaced at Clifford Chance as the firm’s new US chief operating officer. Terry Hatchett, who was a partner at Andersen’s for 34 years until its catastrophic end, will work closely with John Carroll, CC’s managing partner of the Americas region as well as the practice area leaders […]
Axa is reviewing its legal panel following the appointment of new claims manager David Williams, the company’s former casualty and reinsurance manager. Axa last reviewed the panel in 2001, when 16 out of 30 firms lost their places. The review is of all existing panel firms. These are: the Andersen Partnership, Badhams, Beachcroft Wansbroughs, Berrymans […]
In a move to bolster its corporate presence in London, southeast firm Thomas Eggar has poached top Manches corporate partner Jean-Paul da Costa to head its City corporate/commercial team.Da Costa has been a partner in Manches corporate and technology group since mid-2001, before which he was head of corporate and commercial at Piper Smith & […]
Dechert’s former co-head of securitisation Richard Ambery has resurfaced at Mayer Brown Rowe & Maw. Ambery joined Dechert five years ago from Clifford Chance, with a mandate to build a securitisation practice. He specialises in mortgage-backed and property-related structured finance products. Ambery left magic circle firm Clifford Chance, where he was an associate, after former […]
Five further Theodore Goddard fee-earners are to join banking partners Michael Black and Jayesh Patel at Denton Wilde Sapte next week, now that the City firm has confirmed its merger with Addleshaw Booth & Co.Black and Patel, along with six partners due to go to Salans, have their final day at Theodore Goddard today (30 […]
Cleary Gottlieb Steen & Hamilton has elbowed aside Clifford Chance Pünder to advise Siemens on its €1.1bn (£0.76bn) acquisition of Alstom’s industrial turbine business.This is the first corporate deal on which Cleary has advised Siemens, having previously advised the German giant only on antitrust issues.A Clifford Chance partner shrugged off the snub by one of […]
Two of Australia’s largest banks, Commonwealth Bank of Australia and ANZ, today announced the appointment of new general counsel.Commonwealth Bank has scored Freehills corporate partner John O’Sullivan as group general counsel to take over the top legal role when former head Les Taylor retires later this year.O’Sullivan, a partner at Freehills since 1983, has been […]
The Lord Chancellor has today indicated that he will be getting rid of the silks system by swapping it for a quality-mark set up by the barrister profession.The surprise concession by Lord Irvine ironically follows on the heels of his decision to appoint more silks than ever before in the recent round of appointments. The […]
Clarke Willmott‘s Bristol office has hired Hugh Pestell from Bond Pearce in Southampton. Pestell specialises in commercial property with a particular focus on secured lending and will join Clarke Willmott as a partner.
Taylor Woodrow has appointed Shepherd + Wedderburn as its principle Scottish property adviser after a two-month competitive tender. Maclay Murray & Spens came a close second and will gain a smaller share of the work, as well as instructions when Shepherds is conflicted. The appointment puts Shepherds in a much stronger position with Taylor Woodrow […]