29 October 2001

The Lawyer

  • Breaking news: Perkins Coie makes first ever redundancies

    29-Oct-2001

    Seattle based firm Perkins Coie is the latest to lay off corporate lawyersin Silicon Valley as a result of a lack of work.

  • 2 Hare Court prepares for future law firm merger

    29-Oct-2001

    Fraud and crime specialist set 2 Hare Court has taken the first steps to prepare itself for a future merger with a law firm.

  • A world of its own

    29-Oct-2001

    The same features that make the net an attractive arena for business are what make it a minefield for lawyers. Sean Corbett reports on the cases that are shaping the web's laws

  • Akin energy ace plumps for Orrick

    29-Oct-2001

    San Francisco firm Orrick Herrington & Sutcliffe is bulking up its Washington DC energy practice with the hire of a partner from Akin Gump Strauss Hauer & Feld.

  • Base camp

    29-Oct-2001

    Ireland has not been found wanting in its drive to attract foreign companies to invest in the country as a base for European activities. Emer Hunt reports on the island's tax incentives

  • Bianca Jagger in pro bono appeal

    29-Oct-2001

    Human rights campaigner Bianca Jagger told The Lawyer last week that it is crucial for corporate law firms to become more involved in pro bono human rights work.

  • Biggarts to merge with Steedmans

    29-Oct-2001

    Glasgow and Edinburgh firm Biggart Baillie has announced that it will merge with local rival Steedman Ramage.

  • Brief encounter: Keoghs

    29-Oct-2001

    Keoghs has discovered the less traditional route to success

  • Business Management News

    29-Oct-2001

    Hush Communications, a provider of managed security solutions, has supported the Federal Trade Commission's (FTC) regulations for protecting the customer-related information of financial institutions. The proposed rules state that as well as assessing the risks of loss or compromise of sensitive data, financial institutions are responsible for managing such risks. The FTC regards this protection of information appropriate as it maintains the principal relationship with the ...

  • Cable & Wireless and Shell stay in-house

    29-Oct-2001

    Cable & Wireless's in-house legal team has concluded a £250m three-year deal to provide telecommunications services to Shell.Under the terms of the agreement, Cable & Wireless will work in a strategic partnership with Shell to provide and manage the company's global telecommunications infrastructure.The Cable & Wireless team was headed by five year-qualified Adrian Thurston, with the legal aspects of the deal also kept in-house by the Royal Dutch/Shell Group ...

  • Callaghans loses family law partner to TWM

    29-Oct-2001

    Surrey firm Triggs Wilkinson Mann (TWM) has expanded its private client practice with the hire of a family law partner and assistant from Callaghans in Guildford.

  • Camerons breaks new ground as Lords finds broker negligent

    29-Oct-2001

    CMS Cameron McKenna has scored an insurance victory over Clifford Chance in the House of Lords. A ruling this week upheld the 1999 Court of Appeal decision that reinsurance brokers Johnson & Higgins (J&H) were negligent in their dealings with Aneco Reinsurance. The result marks the first successful claim of its type against ...

  • Camerons launches office in Edinburgh

    29-Oct-2001

    Second office in Scotland; presence puts the pressure on Scottish big four

  • Camerons loses three health and safety partners to Arnold & Porter

    29-Oct-2001

    Three of CMS Cameron McKenna's five health and safety partners are defecting to the London office of US firm Arnold & Porter.

  • CC completes Russian UBS deal using internet

    29-Oct-2001

    Clifford Chance has advised UBS Warburg on a huge exchangeable bonds issue for Russia's second-largest oil company Yukos.The firm's London, Moscow and New York offices were all involved in the $310m (£218.1m) issue of UBS bonds exchangeable into shares of Yukos.

  • CC fights court decision for Czech government

    29-Oct-2001

    Czech government faces $500m damages as Stockholm Court rules in CME's favour

  • CC global project head moves to Frankfurt

    29-Oct-2001

    Clifford Chance has relocated the head of its worldwide project group to Frankfurt in a bid to strengthen its UK law capability in Germany.

  • Comment

    29-Oct-2001

    Clifford Chance has advised UBS Warburg on a huge exchangeable bonds issue for Russia's second-largest oil company Yukos.The firm's London, Moscow and New York offices were all involved in the $310m (£218.1m) issue of UBS bonds exchangeable into shares of Yukos.The deal was led by London capital markets partner Tim Morris, whose relationship with UBS on exchangeable and ...

  • Comment

    29-Oct-2001

    As a result of the horrific events of 11 Sept-ember, the global political landscape changed within the course of 24 hours

  • De Brauw poised to restart Linklaters talks

    29-Oct-2001

    Linklaters & Alliance Dutch firm De Brauw Blackstone Westbroek is poised to decide whether to restart merger talks with Linklaters.

  • Deal of the week - PROPERTY PORTFOLIO SALE

    29-Oct-2001

    £365m London property sale goes transatlantic

  • Deal summary

    29-Oct-2001

    Reed Smith Warner Cranston (Edward Miller) advised Tate & Lyle on a global alliance with Johnson & Johnson company McNeil Nutritionals. The deal will realign the companies' production of Sucralose, a new sweetener. McNeil advised by Linklaters & Alliance.

  • Deal summary

    29-Oct-2001

    Shepherd & Wedderburn (Patrick Andrews) is advising on the restructuring of ScottishPower into separate limited liability companies.Clifford Chance (Geoffrey White) advised GATX Financial Corporation on a $250m (£175.9m) aircraft financing. Guarantor Ex-Im Bank advised by Milbank Tweed Hadley ...

  • Deal summary

    29-Oct-2001

    Clifford Chance (Jonathan Solomon) advised O&H Properties on the acquisition of One Cavendish Place in London's West End from Trehaven Trust for £12.5m. Trehaven Trust advised by Howard Kennedy (Jason Lewis).Beachcroft Wansbroughs (Carol Sumner) advised Queen Elizabeth Hospital NHS Trust in Greenwich on a £45m medical equipment PFI deal. Financier DVI Financial Services advised ...

  • Dentons wins one and loses one in HK

    29-Oct-2001

    Denton Wilde Sapte's Hong Kong office is all square in lateral hires, having won one and lost one.

  • Dickinsons instructed on Prison Service PFI

    29-Oct-2001

    Dickinson Dees has completed its first public finance initiative (PFI) work for HM Prison Service.

  • Driscoll leads defence in Bermuda's Thyssen saga

    29-Oct-2001

    Michael Driscoll QC, head of 9 Old Square chambers, has taken over as lead counsel for the corporate defendants in the ongoing Thyssen saga in Bermuda.

  • Encryption

    29-Oct-2001

    There is no doubt that the tragic events in the US will have a dramatic effect on the way we can lead our lives.

  • English contract law under threat

    29-Oct-2001

    Suggested changes to European contract law could signal the demise of English law as the preferred jurisdiction for contract matters.

  • Eversheds wins E&Y tax partner

    29-Oct-2001

    Eversheds is demonstrating its support for the multidisciplinary approach as it takes on a tax partner from big five firm Ernst & Young.

  • Finers gets in on Virgin property instruction

    29-Oct-2001

    Finers Stephens Innocent has advised Virgin Entertain-ment on the property aspects of its disposal of 77 Our Price shops to a UK subsidiary of Australian company Brazin.Around a further 20 Our Price shops are being sold elsewhere or rebranded as Virgin's V shops. Of the 207 shops, all bar 97 have been rebranded. The sale enables Virgin to focus exclusively on its V shops and megastores.Finers property partners Stephen Lewis and Nicola Kravitz advised Virgin on property matters. ...

  • Foley hires SEC lawyer for DC office

    29-Oct-2001

    A leading lawyer in the division of enforcement at the US Securities and Exchange Commission (SEC) is leaving to join Foley & Lardner.

  • Free kicks

    29-Oct-2001

    Tulkinghorn seems to be developing a theme - he had to have a glass of port after reading a recent press release from Hertfordshire firm Matthew Arnold & Baldwin. It all started off well, informing Tulkinghorn of a recent sponsorship deal for its 101-year-old football team. Marvellous stuff, thought Tulkinghorn, nothing like a few tackles and free kicks to blow away the cobwebs. But ...

  • Gambling company bets on Klegal

    29-Oct-2001

    Global Interactive Gaming (Gig), the joint venture company which offers realtime television-based betting on sporting events, has instructed KLegal for the first time.

  • Goodhart joins Gough Square from closing set

    29-Oct-2001

    Lord Goodhart QC, Liberal Democrat peer and head of chancery commercial chambers Gough Square, is to join Gough Square Chambers when his current set dissolves on 1 November.

  • Government reforms give rise to new PI group

    29-Oct-2001

    A group of senior clinical and medical negligence lawyers has been established as support for the longstanding Association of Personal Injury Lawyers (Apil).

  • Gray Cary travels Europe for link-up

    29-Oct-2001

    Silicon Valley firm Gray Cary Ware & Freidenrich is sending one of its partners to Europe on a year-long mission to sound out the market.

  • Hammonds' new partner brings in Levy Gee

    29-Oct-2001

    Hammond Suddards Edge has scooped a new client thanks to the firm's new partner Robert Weekes.

  • Howrey hires laterally for Brussels opening

    29-Oct-2001

    Howrey Simon Arnold & White has become the latest US firm to open up a Brussels office, and it is taking on key Norton Rose competition partner Trevor Soames to develop the practice.

  • In-house teams keep more work

    29-Oct-2001

    A survey just released by the American Corporate Counsel Association (ACCA) reveals that US in-house legal departments intend to cut spending on external lawyers and do more work themselves.

  • Irish prize

    29-Oct-2001

    A downturn is threatening Ireland-wide initiatives. Helen Power reports on the impact to Northern Ireland's law firms

  • Keeping online in line

    29-Oct-2001

    Regulatory authorities are trying to bring internet trading rules up to the standard of those for mainstream consumer outlets. Rafi Azim-Khan reports on the latest developments

  • Latvian government strife over 'shocking' Clifford Chance bill

    29-Oct-2001

    Latvia's prime minister is under attack from his opposition over the size of a Clifford Chance bill.

  • Laundering law compromised

    29-Oct-2001

    LAWYERS across the EU will be able to warn their clients that they are about to tip off law enforcement authorities over concerns that they are handling dirty money

  • Leader

    29-Oct-2001

    After interminable deb-ates the EU has finally managed to draw up a directive on lawyers' responsibilities with respect to money laundering. Interminable because the various lobbying groups on behalf of lawyers were up in arms about the possibility of any threat to the sacredness of client confidentiality.The timing is immaculate. As the simple act of opening a letter in the US has become potentially fatal, suddenly the ease with which terrorists have been able to zip funds around ...

  • Legal Widow

    29-Oct-2001

    My mother-in-law stayed the other night. She took one look at the Lawyer as he was preparing to go out of the door in the morning and howled "dry cleaning" at the top of her voice. I suddenly saw my husband's suits as others must do: the pockets weighed down by keys and apples, the trousers bagging behind the knees, the chocolate smears - always, for some reason, light fawn, which has always intrigued me. You'd think a Mars Bar would have the decency to leave a dark smear.The ...

  • Letter

    29-Oct-2001

    I must take issue with your assertion that Nottingham Law School (NLS) is "technically part of Nottingham Trent, but culturally independent" (Leader, 15 October). In fact, we are one of nine faculties at the university covering every aspect of legal education, undergraduate and postgraduate, with a strong commitment to research. It is part of our strength that we are "not just an LPC provider" but are part of a university committed to professional partnerships across a range of disciplines. ...

  • Linklaters' Americas head plans US and Euro growth

    29-Oct-2001

    Linklaters & Alliance's newly-appointed managing partner for the Americas Terence Kyle is pressing ahead with plans to grow the firm's US finance practice and to launch a US law capability in Frankfurt.

  • Linklaters delivers for Swedish post office

    29-Oct-2001

    Linklaters & Alliance has acted on one of Sweden's largest property deals this year. The Stockholm branch advised Swedish post office Posten Sverige on the sale of most of its real estate portfolio, including property company Postfastigheter Holding, in a deal worth SKr2.7bn (£178.3m).The team, led by property partner Magnus Lidman, included tax advocate Lars Jonssen and competition advocate Joakim ...

  • Long sited

    29-Oct-2001

    A website can be viewed all over the world, so should it be subject to every jurisdiction's laws? Ian De Freitas reports

  • Matchmaking

    29-Oct-2001

    Finding the right merger partner is not easy, as Ian Mouland discovered when he was drafted in to help McGuinness Finch

  • McDermott in Beiten raid for Munich office

    29-Oct-2001

    Chicago's McDermott Will & Emery has raided the Munich office of Beiten Burkhardt Mittl & Wegener to launch its German practice.

  • Meat marketing

    29-Oct-2001

    Now, Tulkinghorn does not usually hold with gratuitous nudity. The days when he would cavort around Tulkinghorn Manor wearing nothing but his briefs are sadly long gone due to his gout, and the last time Mrs Tulkinghorn wore fancy underwear was to celebrate the end of the Suez crisis. But it seems that his views are out of step with the Bristol legal profession.Following in the footsteps of the Women's Institute,

  • Microsoft conflict forces Jones Day partner to quit

    29-Oct-2001

    Jones Day Reavis & Pogue in Frankfurt is to lose a top forensic services partner following a conflict of interest involving his longstanding client Microsoft.

  • News in brief

    29-Oct-2001

    A round up of stories from the UK and around the world

  • No knowledge of college

    29-Oct-2001

    Tulkinghorn is always delighted to deal with enquiries from young ladies, but was rather bemused the other day when a student rang from Somerville College, Oxford. Studying classics, she had decided she wanted to become a lawyer but did not know anything about how to go about it. So she rang the Law Society to find out how long the training was and what form it took. Despite the society being in charge of education and training for the profession, the person she spoke to suggested she ...

  • No place like home

    29-Oct-2001

    A law firm with no office and equal fees for associates and partners? It's a crazy idea, but Peter Rouse might be just the man to pull it off

  • Norton Rose picks duo to head China practice

    29-Oct-2001

    Norton Rose has selected the lawyers to lead its charge into China, poaching two French-qualified partners from Vovan & Associés to head the office there.

  • Opinion

    29-Oct-2001

    Insolvency lawyers - or as many now prefer to be called, 'turnaround specialists' - are once again in the spotlight. Headlines talk of recession on a global scale, with UK banks increasing bad provisions by £1.5bn by the end of the year.The changing role of insolvency lawyers over recent years has been well chronicled. Less well chronicled is how financing, especially to the small-medium enterprise market, has evolved, with phenomenal growth in receivables financing ...

  • Ozannes star defects to Ogier & Le Masurier

    29-Oct-2001

    Partner William Simpson has taken the unusual step of jumping from Guernsey firm Ozannes into the arms of rival Ogier & Le Masurier.

  • Personnelity

    29-Oct-2001

    There's nothing quite as irritating during a time of worry than a habitual optimist. The ability to conjure up silver linings where even the darkest clouds are gathering never achieves very much. But even the most ardent optimists must be having a hard time finding any kind of silver lining to the current economic situation. Every day brings or a new report underlining just how bleak the prospects of avoiding a recession are. Much of the speculation has moved away from whether ...

  • PG&E trustee in fees row with five firms

    29-Oct-2001

    The bankruptcy case for California's Pacific Gas and Electricity Company (PG&E) - one of the most complex in US history - has turned into a row over legal fees.

  • Pinsents raids Chaffe to open in Manchester

    29-Oct-2001

    Pinsent Curtis Biddle is opening in Manchester and hiring a quarter of the partners from Manchester firm Chaffe Street in the process.

  • Poland's Wardynski opens Brussels office

    29-Oct-2001

    Polish firm Wardynski & Partners has become the first domestic firm from the EU candidate countries to open a Brussels office.

  • Prudential chooses 'better legal service' from Elliott Duffy Garrett

    29-Oct-2001

    Life insurance giant Prudential has appointed Belfast firm Elliott Duffy Garrett as its main adviser for property investment work in Northern Ireland.

  • Punting for change

    29-Oct-2001

    Ireland's tax laws attract a lot of global business, but as Vincent Power reports, the planned revision of its mergers and competition regimes could be the cause of some consternation

  • Putsmans hoists itself to 'first division' with Willcox marriage

    29-Oct-2001

    Birmingham firms Putsmans and Willcox Lane Clutterbuck have merged to form a practice with a £10m turnover, 21 partners and a genuine presence in the regional market.

  • Schilling & Lom loses top partner

    29-Oct-2001

    Niche London practice Schilling & Lom and Partners has lost its founding partner and closed one of its most successful departments.

  • Seelig & Preu in tripartite talks

    29-Oct-2001

    German firm Seelig & Preu Bohlig is in merger talks with the Frankfurt offices of Graf von Westphalen and Commercial Law Affiliates (CLA) member Knauthe Paul Schmitt.

  • Shearmans dumps ten per cent of US lawyers

    29-Oct-2001

    Fall in profits leads to corporate cuts; New York and Silicon Valley bear the brunt

  • Still in the bidding

    29-Oct-2001

    Having survived the dotcom crisis, money at internet auction company QXL ricardo is tight, and legal head Tom Parkinson is on an economy drive. Naomi Rovnick reports

  • Tarlo Lyons lays off six technology employees

    29-Oct-2001

    Niche IT firm Tarlo Lyons has made six members of staff redundant in response to the slowdown in technology work.

  • The deal clincher

    29-Oct-2001

    Although unthreatened by US and UK firms, the Irish M&A market is showing a downturn, and at such a quiet time, Helen Power finds out that one big deal can make the difference

  • The giant killers

    29-Oct-2001

    Two-partner class action specialist Class Law has felled more than one giant in its brief three-year history and now has Railtrack in its crosshairs. Kathryn Hobbs discovers what is attracting all the media attention

  • Tower Snow abandons Brobeck chairmanship

    29-Oct-2001

    Chairman calls it quits after four years; job-loss fears permeate West Coast firm

  • White & Case loses UK property partner

    29-Oct-2001

    The London office of White & Case is losing its sole property partner after just a year in the job.

  • Wragges freebie for Birmingham stadium bid

    29-Oct-2001

    Wragge & Co has joined Midlands rival Eversheds in offering pro bono advice to Birmingham's bid for the national football stadium.