29 July 2002

The Lawyer

  • A&O's US group kicks off M&A with SIIF Energies

    29-Jul-2002

    Allen & Overy's London US law group has completed its first M&A transaction

  • ABP counsel scoop almost £3m in fees

    29-Jul-2002

    Counsel acting for Associated British Ports (ABP) in a public inquiry have negotiated vast fees totalling almost £3m

  • Addleshaws licensing practice faces closure after head leaves

    29-Jul-2002

    Addleshaw Booth & Co is facing the demise of its licensing practice following the pending departure of head of licensing Anthony Lyons

  • All or nothing

    29-Jul-2002

    Conditional fees for personal injury cases are one thing, but when it comes to major commercial litigation, Jon Robins finds out that the big City firms have yet to take CFAs to their hearts

  • Atlas shrugged

    29-Jul-2002

    After just two months in the job, Atlas Capital's Alex Wise may appear to have the weight of the world on his shoulders, but as Emma Vere-Jones reports, he isn't fazed at all

  • Bank of China float set to open the floodgates

    29-Jul-2002

    The Bank of China (Hong Kong) was finally listed on the Hong Kong Stock Exchange to great public fanfare last Thursday morning (25 July)

  • Beachcroft Wansbroughs gives IP a leg-up by hiring ex-Finers partner

    29-Jul-2002

    Beachcroft Wansbro-ughs has boosted its intellectual property (IP) practice by hiring Robin Fry as a partner

  • CC lawyer takes up Government post

    29-Jul-2002

    Clifford Chance's director of public policy Richard Thomas (left) has been appointed to the role of Information Commissioner

  • Conquering Europe

    29-Jul-2002

    Over the last few years US firms have stormed into Europe with a host of mergers and lateral hires. Nicola Smith reports on what they've been up to this year, both at home and away

  • Conquering the US

    29-Jul-2002

    The launch of Clifford Chance's San Francisco office saw the profession's biggest ever lateral hire

  • Cravath lawyer moves to McDermott as partner

    29-Jul-2002

    McDermott Will & Emery has hired Cravath Swaine & Moore lawyer Paul Scrivano as a partner in its M&A and securities practice

  • Crooked solicitors gain immunity from Law Soc

    29-Jul-2002

    Hundreds of corrupt solicitors could escape having their practices shut down by the Law Society by claiming it infringes their human rights

  • DEAL OF THE WEEK - CORUS/COMPANHIA SIDERURGICA NACIONAL

    29-Jul-2002

    CC and Slaughters lead Corus and CSN's transatlantic tie-up

  • Deals summary

    29-Jul-2002

    Allen & Overy (Riccardo Sallustio) advised Banca Popolare di Milano on a e27.3m (£17.3m) loan to 21 Invest 5, part of the Benetton Group for the acquisition of a minority stake in design solution company Permasteelisa. 21 Invest 5 advised by Bonelli Erede Pappalardo.Watson Farley & Williams advised NIB Capital and Bank of Scotland on the $51m (£32.6m) financing of a flotation production and storage platform. Borrower Four-Serviços E Navegação ...

  • Deals summary

    29-Jul-2002

    SJ Berwin (Tom O'Grady) advised Buckingham Estates Partnership on the sale of a £40m property portfolio to Buckingham Estates, a subsidiary of Golfrate Holdings. Buckingham Estates advised by Darlingtons (Simon Lawrence, David Swede). DJ Freeman (Stephen O'Brien, Helen Dyer) acted for financers Royal Bank of Scotland.Gouldens (Suzanne Billington) advised Pillar Property and ...

  • Deals summary

    29-Jul-2002

    SJ Berwin (Jonathan Djanogly) advised ukbetting on its £13.7m offer for the shares of TEAMtalk Media Group. Ukbetting represented by Beeson Gregory. Linklaters acted for financiers UBS Warburg.Berwin Leighton ...

  • Dentons loses Moscow chief to Chadbournes

    29-Jul-2002

    Chadbourne & Parke has hired the head of Denton Wilde Sapte's Moscow office

  • Dickinson Dees' national strategy boosts turnover

    29-Jul-2002

    North East firm Dickinson Dees has recorded an increase in turnover for the last financial year of 21 per cent, up from £26m to £31.5m

  • Director action

    29-Jul-2002

    John Madden and Lisa Toporek take a look at new directions for corporate governance in the US

  • DLA's hiring spree continues with major Hammonds coup

    29-Jul-2002

    DLA has taken on the London head of intellectual property (IP) from rival firm Hammonds

  • Eversheds Newcastle head joins UK Land Estates

    29-Jul-2002

    The senior partner of Eversheds' Newcastle office has left to join property investment and development client UK Land Estates

  • Finance houses turn hands to legal services

    29-Jul-2002

    A group of international financial institutions led by Goldman Sachs has launched an independent company offering legal and risk management services

  • Finers blames 25 per cent profit slump on 'optimistic' accountancy

    29-Jul-2002

    Finers Stephens Innocent is blaming accounting irregularities for its financial results this year, which have seen profits per partner slashed by 25 per cent

  • Gibson Dunn scores Lehman triple

    29-Jul-2002

    Gibson Dunn & Crutcher has started work on its third European property take-private for Lehman Brothers Real Estate Partners. All three deals have been valued at almost £1bn.Partner Wayne McArdle is advising the bank on a £1.1bn joint public takeover of Dutch property fund Uni-Invest with real estate developer Merwede.McArdle handled Lehman Brothers' efforts to gain clearance from the European Commission to take Dutch property fund Haslemere private, valued ...

  • Global Crossing's Chapter 11 racks up legal fees of $13m

    29-Jul-2002

    The law firms involved on Global Crossing have billed almost $13m (£8.3m) in fees in the months following the beleaguered company's decision to file for Chapter 11 bankruptcy

  • Good lucking

    29-Jul-2002

    While some may regard him as the Don Quixote of law, Kathryn Hobbs finds out that Hammonds managing partner Chris Jones's optimism is well-founded

  • Hogan extends its reach into China

    29-Jul-2002

    Hogan & Hartson is expanding its international operations into China

  • Inland Revenue pursues barristers for undeclared booty

    29-Jul-2002

    Thousands of barristers face being investigated by the Inland Revenue for failing to declare their cash reserves for taxation

  • Insurance

    29-Jul-2002

    Claims Direct has come crashing down to earth. As with all good tragic characters, fatal and inescapable flaws have caused this one-time darling of the London Stock Exchange to self-destruct. Investors' rocky love affair with the personal injury (PI) revolutionary/ambulance-chasing scumbag (depending on your point of view) finally came to an acrimonious end earlier this month.Claims Direct, whose shares had traded for as much as £3.60, called in the administrators when ...

  • Jack of all trades

    29-Jul-2002

    If you want to be an employment lawyer working for a US firm in London, you'll need to be an expert in UK, US and European law. Sarah Linton reports on what American clients expect

  • Legal profession finds 'no action' policy for cartel whistleblowers too ill-defined

    29-Jul-2002

    An Office of Fair Trading (OFT) consultation document on leniency for whistleblowers in cartel cases has been met with a negative reaction from the legal profession

  • Lewis Silkin takes up regeneration instruction for Bristol City Council

    29-Jul-2002

    Lewis Silkin has won a tender against four City firms to advise Bristol City Council on a major regeneration project. It is one of just a handful of projects that the council has outsourced in recent years.The council does not have a regular adviser for property work because most of it is done in-house. The internal team comprises 90 staff, including fee-earners and support staff. "In the last ...

  • Linklaters advises banks on unique Energis administration

    29-Jul-2002

    Linklaters has consolidated its position in the restructuring market by completing its work on the Energis administration.The firm advised a consortium of banks on the prepackaged administration of the listed company. It is thought to be the first time that a transaction of this type has been completed in the UK.Linklaters, led by restructuring and insolvency partner Richard Holden and banking ...

  • Livingstone withdraws challenge to Tube PPP

    29-Jul-2002

    Mayor of London Ken Livingstone has dropped his legal challenge to the Government's public private partnership (PPP) plans for the London Underground

  • Milbank Tweed relocates NY partner to London

    29-Jul-2002

    Milbank Tweed Hadley & McCloy is moving New York global corporate partner Crayton Bell to London

  • Norton Rose completes rejig of management

    29-Jul-2002

    Norton Rose has finalised its management team and appointed corporate finance partner James Bateson and litigation partner Patrick Farrell to fill the two remaining posts

  • Norton Rose reneges on partner payments

    29-Jul-2002

    Cashflow problems hit partners by up to £100K each; firm rejects bank loan

  • Opinion

    29-Jul-2002

    The UK Govern-ment has been criticised for the approach taken in the Electronic Commerce (EC Directive) Regulations 2002. They are late, unclear and not sufficiently far-reaching. This view is somewhat harsh.First, look at the questions they were asked to solve: what law should apply to transactions concluded over the internet? Is it necessary to amend the many statutes that require physical writing and signatures? How transparent should traders be when doing business in the online ...

  • Orrick looks for further growth in Los Angeles with new office head

    29-Jul-2002

    Orrick Herrington & Sutcliffe has appointed real estate partner Michael McAndrews as head of its Los Angeles office

  • P&I club makes lawyer 'correspondent'

    29-Jul-2002

    An English-qualified lawyer has been appointed as a front line problem solver by a protection and indemnity (P&I) club which mutually insures shipowners in Vancouver, one of the busiest ports in the world

  • PARLETT KENT

    29-Jul-2002

    Clinical negligence firm Parlett Kent has flexed its way to success

  • Profits hit by £1m fee on Withers' US merger

    29-Jul-2002

    Withers has recorded flat profits this year after spending at least £1m on fees for legal advice on its transatlantic merger

  • Richards Butler's Chinese walls are safe

    29-Jul-2002

    Three conflict of interest cases against Richards Butler, considered to be as important as the infamous Price Jefri Chinese walls litigation, have been thrown out of court

  • Royal Caribbean-P&O-Carnival love triangle: the inside story

    29-Jul-2002

    Slaughter and May client forced to apologise for leaks; Herbert Smith learns to work the system; FTC to rule on US fight

  • Schulte Roth launches London office

    29-Jul-2002

    Schulte Roth & Zabel is to establish its first overseas office when it opens in London in September

  • Terra Firma lands senior Nomura lawyer

    29-Jul-2002

    Terra Firma Capital Partners, the new fund run by Nomura's ex-head of principal finance Guy Hands, has poached a senior lawyer from the bank to take up the newly-created position of global general counsel

  • The Leader Column

    29-Jul-2002

    Who can tell the best way to deal with a downturn? Is it best to proceed with caution? Or should you be hell-bent on using it as a time to get one over on the magic circle, seeing it as an opportunity to nab partners normally out of your league? Only time will tell.

  • The whole truth?

    29-Jul-2002

    Enronitis has caused a fever of anticipation - and dread - over new regulations to make corporate lawyers report client misdeeds to the powers that be. Jon Robins reports

  • They think it's all over... let's hope so

    29-Jul-2002

    Sunday morning is not a time of the week that many of Tulkinghorn's hard working protégés profess to seeing very often. After all, having worked hard all week, even journalists deserve the odd lie-in. Nevertheless, from 10am on 24 July, along with the sporting greats from the legal profession, they gathered together at Wembley five-a-side centre for the fourth annual TheLawyer.com LegalFives competition. Second only to The Lawyer Awards, this is surely the key event in ...

  • US round-up

    29-Jul-2002

    It would have been understandable if US firms had begun to rethink their European strategy

  • Vincent & Elkins rides out Enronitis as oil/gas sector sends its regards

    29-Jul-2002

    Clifford Chance placed third in eyes of energy companies; utilities lawyers target the Middle East, CIS and Africa

  • Virgin reviews panel after twelve months

    29-Jul-2002

    In an extraordinarily proactive move, Virgin Group is reviewing its legal panel after just over a year

  • Ward Hadaway hires IP star from Martineaus

    29-Jul-2002

    Ward Hadaway has appointed Martineau Johnson intellectual property (IP) specialist Niall Head-Rapson as a partner in its commercial department

  • WorldCom pleads with US courts for extra law firms

    29-Jul-2002

    Weil Gotshal to be joined by a host of extra US firms as bankrupt telecoms giant fights for rebirth