4 March 2002
The Lawyer
A&O's new home to be Spitalfields
Allen & Overy (A&O) has chosen the Spitalfields Market redevelopment as its new HQ and has placed a formal offer on the site
Access all areas
When it comes to IT, the bar continues to lag way behind law firms, but what do barristers really need? Gareth Mason assesses their requirements
Addleshaws' Chidley quits for RBS
Addleshaw Booth & Co national head of banking Mark Chidley is replacing Derek Arnott as director of group legal services at the Royal Bank of Scotland (RBS), The Lawyer can reveal
Allen & Overy makes Sakhalin-2 shortlist
Allen & Overy (A&O) has made the shortlist of potential legal advisers to the financiers of Sakhalin-2, a $10bn (£7.1bn) energy project, which is set to be Russia's largest ever foreign direct investment
Amelans victory sets out ATE insurance framework
Manchester personal injury specialist firm Amelans has won a landmark victory and set a precedent for the recoverability of after-the-event (ATE) insurance premiums
B&M and Linklaters in Chinese office bid
A&O, Freshfields and Herbert Smith 'express interest'; red tape still limits growth
BA legal director takes off for Associated British Ports
British Airways (BA) legal director Stephen Walsh is exchanging the skies for the sea - he is leaving after 11 years of service to join Associated British Ports (ABP) as its first general counsel
Barlow Lyde wins Lloyds panel place
Barlow Lyde & Gilbert has been appointed to the commercial finance panel of Lloyds TSB
Barrister accreditation schemes come under attack from all sides
The privately-funded bar has expressed its concerns over rumoured plans to force members to be accredited at a time when concrete proposals for accrediting publicly-funded barristers is on the agenda
Brobeck and Camerons in Antisoma rights issue after failed drugs launch
Brobeck Hale and Dorr and CMS Cameron McKenna are working on the £22m rights issue proposed last week by cash-strapped pharmaceutical company Anti-soma. Camerons is advising the company while Brobeck is advising joint underwriters SG Cowen and ING Barings.Antisoma, a research and development spinoff from Cancer Research, has only £5.2m in the bank. Its first drug to be sent to market, the ovarian ...
CC's quest for top-eight spot spurs NY M&A hire
Dewey Ballantine loses M&A star; US-qualified partner to strengthen investment bank relationships
CC, Linklaters in tax row
Clifford Chance is appealing a decision by an Indian tax tribunal that it has underpaid on tax
Charles Russell under Law Society investigation
The Law Society is investigating Charles Russell after its dispute with a former secretary concerning an allegedly racist email
Clarke Willmott slashes entire volume conveyancing practice
South West firm Clarke Willmott & Clarke is making one partner and 34 other staff redundant following the decision to close its loss-making volume conveyancing unit
DEAL OF THE WEEK - BG GROUP
A&O revises BG's share capital acquisition of Eogil
Deals summary
Gouldens (Tom Budd) and Shepherd & Wedderburn (Nick Ryden) advised Pillar Property on its partnership with Capital & Regional to develop Glasgow's first shopping park. DJ Freeman (Graham Barber) and Cole & Co (Ron Cole) advised Capital & Regional.Gibson Dunn & Crutcher (Nick ...
Deals summary
Landwell (Leon Flavell, Simon Walker) is advising Caffé Nero on its acquisition of the Aroma coffee shop chain from McDonald's. Reed Smith Warner Cranston is advising McDonald's.Ashurst Morris Crisp (Edward Baker) is advising United Auto Group on its recommended cash offer for Sytner Group, valuing ...
Deals summary
Linklaters (John Tucker) advised JP Morgan as lead arranger and joint bookrunner on the $2bn (£1.4bn) debt funding for Swiss group Xstrata's acquisition of Australian and South African coal business Glencore International for $2.5bn (£1.75bn). Freshfields Bruckhaus Deringer advised ...
Dentons votes in new management board
Denton Wilde Sapte has elected a new management board
EC gears up for investigation into airline insurance cartel
The European Commission has launched a formal cartel investigation into price-rigging in the airline insurance sector, following the 11 September attacks
Enron reels under level of legal fees as Weil cleans up
Former employees of Enron Corp have been astounded at the fees commanded by law firms handling the collapsed energy trader's bankruptcy
Finance
Milbank Tweed Hadley & McCloy's London finance practice has achieved an impressive first. Already accustomed to working on a number of the largest-to-date European deals, it has now brought a new structure to Europe. In February, the Netherlands became the first European country to agree to a contractually, rather than structurally, subordinated high-yield bond financing.The $260m (£182.6m) Bluewater Group deal closed on 22 February when acquisition finance partner Kevin ...
Firms await word on Energis future
To wind up, to sell, or to wind up and then sell? This is the less than tantalising menu troubled telecoms company Energis may be choosing from right now. But whatever cold dish the future serves up for the company, it is bound to send lawyers into a feeding frenzy of Marconi-like proportions.At the time of going to press Energis shares were trading at just 3p. Just five weeks after its £725m bond issue, Energis announced that it was at risk of breaching its financial covenants, ...
Firms sweat on outcome of Granada panel review
Lovells remains in the fold; DLA's, Goodman Derrick's and Olswang's places less sure
GERALD PHILIP JONES v 3M HEALTHCARE LTD
GERALD PHILIP JONES v 3M HEALTHCARE LTD : NICHOLAS KIRKER v (1) AMBITIONS PERSONNEL (NOTTINGHAMSHIRE) LTD (2) BRITISH SUGAR PLC : D ANGEL v NEW POSSIBILITIES NHS TRUST : CHARMAINE BOND v HACKNEY CITIZENS ADVICE BUREAU (2002) LTL 27/2/2002On 27 February 2002 the Court of Appeal ruled that you can’t try an action under s.4 Disability Discrimination Act 1995 if based on events that occured after termination of employment.That decision echoes previous Court of Appeal decisions ...
Halliwells forms new executive committee
Halliwell Landau's London office has created its own executive committee and taken on Manchester firm Elliotts' head of insurance litigation John Groome as an equity partner
Hammonds loses Baylis to Norton Rose
Norton Rose has hired Hammond Suddards Edge private equity head David Baylis to beef up its European buyout practice
Hammonds' Midlands gap filled by City partner
Hammond Suddards Edge's Birmingham office has drafted in a partner from London to fill the hole left by the defection of the regional head of construction to Midlands firm Gateley Wareing
Holland & Knight cuts partner pay to save associate bonuses
Holland & Knight partners have bucked the trend for lower associate bonuses by paying themselves less
Information relations
A law firm's biggest capital asset is its knowledge. John Lipsey reports on how to use IT to harness that knowledge and the investment needed to maximise return
Irish Competition Authority to boost staff by one-third
Competition Bill set to boost workload; fifteen new staff needed to keep up
It's just not ticket, old man
News reaches Tulkinghorn of a rumoured parting shot from a disgruntled Pinsent Curtis Biddle lawyer. He is sure it cannot possibly be true, given how gentlemanly all the Pinsents lawyers are, but here goes: when the unnamed chap was leaving the firm he told a fellow partner he had some tickets to a rugby international that following weekend, which he had booked to entertain clients. Due to him leaving the firm, the lawyer obviously could not use them and so offered them to his colleague, ...
Japan set to penalise firms with foreign joint ventures
The Japan Federation of Bar Associations has passed a protectionist measure designed to penalise Japanese firms in joint ventures with foreign lawyers
KLegal and McGrigors in first joint instruction
KLegal and McGrigor Donald will formally seal their merger today and the two firms will begin the process of physical integration
Knife-wielding mugger was Law Soc archivist
A former Law Society employee has been sent to prison for four and a half years for carrying out knifepoint robberies at Brixton station
Legal widow
The Lawyer was grumpy all last week. Not only was a new lateral hire taken on at equity level (ouch!) but the new partner turned out to be:a) entirely process-driven; andb) a document presentation fiend.Even in the safe haven of the home, where communication is largely loud (shouting) or terse (notes on the fridge: Pick up Son Judo 5.30pm; Take Rubbish Tip or Divorce) the man's influence is felt."I've had to take all the round bullet points out of my tender document ...
Linklaters plans global practice head elections
Linklaters is poised for partnership elections to appoint three global practice heads
Lovells wins finance star from Creditweb
Lovells has hired the general counsel of mortgage and consumer finance company Creditweb as of counsel in London
Lupton Fawcett boosts commercial property
Lupton Fawcett has increased its commercial property capability with the hire of partners Mark Appleyard and Robert Kelly from the Frith Partnership
Man about the House
There have been numerous calls to reform the way in which the House of Lords operates. Daniel Jonas talks to the man responsible for running England's highest court, James Vallance White, who believes the House is not doing too bad a job as it is
Manches launches info service for IT companies
Manches has launched a new technology service called Fortech
Marriott Harrison hires Steptoes litigation partner
West End law firm Marriott Harrison has appointed its fourth new partner in 12 months with the hire of litigation partner Franco Barone from Steptoe & Johnson
Milberg accused of greasing palms
Milberg Weiss Bershad Hynes & Lerach, the firm that The Lawyer last week revealed had been selected to lead the claims against Enron and Arthur Andersen, is the subject of a federal investigation
Miller & Chevalier launches in Brussels
Miller & Chevalier, the US best friend of Price-waterhouseCoopers (PwC), has opened a Brussels office
Mills & Reeve gains GMC instruction
Mills & Reeve has won the General Medical Council (GMC) as a new client
Morgan Cole wars with ex-partners
Former partners complain of money being held back; injunction brought against ex-insurance head
My first job...Mike Pullen, fairground boy
Tulkinghorn would like to introduce a new regular feature, which gives you an insight into what shaped today's lawyers before they were shoved into the legal sausage machine.
Norton Rose scores Kirch coup
Bondholders give City firm a German boost; DLA best friend Görg brought in
Norton Rose's US group challenges magic circle
Norton Rose comes up trumps on Rule 144a equity deals; results show US practices burgeoning
O'Melveny boosts core areas in NY and Frisco
O'Melveny & Myers has appointed Jose Fernandez as head of its New York office
Olswang scores Barclays as client
Olswang has won Barclays Private Equity as a client, muscling in on main advisers Pinsent Curtis Biddle and Addleshaw Booth & Co
Opinion
The Lawyers Christian Fellow-ship celebrates its 150th year today (4 March), with a service of thanksgiving led by the Archbishop of Canterbury, the Most Reverend and Rt Honourable Dr George Carey, at the Temple Church. Other distinguished guests include the president of the Law Society and Lord Phillips of Worth Matravers, the Master of the Rolls.The fellowship began as a prayer union in 1852, when John McGregor persuaded Christian lawyers in the Temple to meet on a regular basis ...
Pepper Hamilton duo return to Piper
Pepper Hamilton litigation partners James Brogan and Chris Wasson have left the Philadelphia firm for Piper Marbury Rudnick & Wolfe, the firm they left four years ago
Prisoners of law?
Louise Christian is not a woman to be taken lightly, evidenced by her latest test - demanding that the Government interjects in the Guantanamo situation
Rayfield launches London practice
Newcastle upon Tyne maritime firm Rayfield Mills has opened a London office with the aim of giving the likes of Clyde & Co, Ince & Co and Richards Butler a run for their money
ROOKS RIDER
Lincoln's Inn firm Rooks Rider sees flexibility as key to its growth strategy
Sackers in senior partner compromise
Boutique pensions firm Sacker & Partners has named not one but two senior partners to replace Jonathan Seres, who steps down at the end of March to return to fee-earning work
Separated at birth
Occasionally Mrs Tulkinghorn is unable to sleep - she claims it's something to do with the sound of a wild boar emanating from alongside her, but Tulkinghorn has checked and checked again for traces of said creature in the garden, and there are none.When this happens, she has developed a penchant for a certain US talkshow host - a Mr Jerry Springer - whose shows are even more scandalous than the average chambers' Christmas party. Just last week, the shows included ...
Sidley goes all out for Californian litigation with Wilson Sonsini hire
Sidley Austin Brown & Wood has lured Wilson Sonsini Goodrich & Rosati partner Timothy Scott to its San Francisco office by offering him the chance to set up a litigation practice
Stephenson Harwood's pensions partner quits
Stephenson Harwood's pensions capability has suffered a severe blow as the department's only pensions partner joins DLA
Sticking at it
Galileo International is like the glue that holds the travel industry together, but like much of the sector, has it become unstuck post-11 September? Fiona Callister investigates
The Leader Column
A couple of weeks back (11 February) we reported on the news that Slaughter and May was taking an active role in the Government-sponsored report into women's employment. Along with Simmons & Simmons, Slaughters is one of the few firms to go public on the issue of the gender gap at partner level.Very laudable, but one rather wonders if they're barking up the wrong tree. The fact ...
UK team in last-ditch death sentence plea
UK lawyers are preparing a last-ditch attempt to save UK national Tracy Housel from execution after a US judge signed his death warrant last week, despite a call for clemency from UK Foreign Secretary Jack Straw
User-friendliness
Paul Caplan asks: do law firms have the means to get the most out of their knowledge?
Weightmans in hiring spree for practice areas drive
Weightmans has taken on construction and engineering partner Andrew Davies from DLA and barrister Jason Searle from Bullivant Jones
World Wildlife Fund beats wrestlers into submission
The World Wrestling Federation has been smacked down by the World Wildlife Fund in their second-round rematch over the WWF title

