8 October 2001

The Lawyer

  • Breaking news: Cameron McKenna scoop Railtrack work

    8-Oct-2001

    CMS Cameron McKenna is advising the Government's Department of Transport, Local Government and the Regions on the insolvency of Railtrack.

  • Breaking news: De Montfort shuts Birmingham LPC

    8-Oct-2001

    De Montfort University has closed its Birmingham Legal Practice Course and made six staff redundant.

  • Breaking news: Weightmans raids Vizard Oldham to set up London office

    8-Oct-2001

    London firm Vizard Oldham has been split into two - litigation and commercial following a decision by the litigation group to merge with Weightmans.

  • A different drum

    8-Oct-2001

    Keith Clark is leaving his big chief's throne at Clifford Chance to take on the mantle of international general counsel with Morgan Stanley

  • A red letter day

    8-Oct-2001

    Is it just Tulkinghorn's suspicion, or are press releases becoming more and more spurious by the day? A release from national firm Hammond Suddards Edge proudly announced the completion of a deal on time and on budget. Well done to them. Not to worry anyone, but this is the only such boast sent out by the firm ever, so let's hope it's not a happy accident.To be fair to the lovely people at Hammonds, the claim was, in fact, that after five years and £114m, the ...

  • A&O pursues get-out for WPP in Tempus takeover

    8-Oct-2001

    Allen & Overy (A&O) appeared last week to be trying to find a last-ditch get-out clause for its client, advertising firm WPP, to extricate it from the takeover of Tempus.

  • ABP public inquiry start date cancelled

    8-Oct-2001

    The biggest inquiry since the Heathrow Terminal Five debacle has been delayed due to a row over the venue.

  • Akin Gump gains UK corporate capability

    8-Oct-2001

    Akin Gump Strauss Hauer & Feld has hired Nabarro Nathanson partner Richard Hierons, giving the US firm its first UK-qualified corporate partner.

  • ALMT Legal launches Bombay office

    8-Oct-2001

    ALMT Legal, an Indian firm based in London, has set up a new office in Bombay.

  • Ashurst Morris Crisp (Mark Vickers) advised ING Bank

    8-Oct-2001

    in connection with a £73.9m bridge facility to John Laing, which will be repaid from the proceeds of a rights issue. John Laing advised by CMS Cameron McKenna. Existing noteholders advised by Bingham Dana. Banks advised by Linklaters & Alliance.

  • Ashurst Morris Crisp (Richard Gubbins) advised Ernst & Young

    8-Oct-2001

    on the admission of Aberdeen Growth Opportunities to the Official List of the UK Listing Authority and to trading on the London Stock Exchange. The company and manager, Aberdeen Asset Managers advised by SJ Berwin.

  • Bar Council makes anti-ageism move

    8-Oct-2001

    The Bar Council has approved an amendment to its code of conduct to ensure that age discrimination in pupillage and tenancy selection does not take place.

  • Bevan Ashford scores Bristol schools project

    8-Oct-2001

    Bevan Ashford beats six firms for PFI job; win coincides with property hiring spree

  • Book review

    8-Oct-2001

    Crypto by Steven Levy, published by Allen Lane (ISBN 0713993464)

  • Brief Encounter: Boyes Turner

    8-Oct-2001

    How Boyes Turner reinvented itself - twice

  • Burges Salmon PFI gives Navy training

    8-Oct-2001

    Burges Salmon has advised the Ministry of Defence (MoD) on the award of a £300m contract to train crewmen for the Royal Navy's latest Astute class attack submarines.The 30-year contract was awarded to the Fast consortium, advised by Rosemary Bointon at DLA. Fast will construct a new training centre at the Faslane submarine base in Scotland. The funder was advised by Andrew Newbery ...

  • Cadwalader dumps summer spongers

    8-Oct-2001

    US firm Cadwalader Wickersham & Taft has abandoned its summer placement scheme after finding that it was being taken for a ride.

  • Calling for change

    8-Oct-2001

    Sebastian Farr has been both a barrister and a solicitor, and as head of legal at Oftel he is looking forward to more change as the sector consolidates. Eleanor Levenson reports

  • CGNU opts for Dentons on Turkish acquisition

    8-Oct-2001

    Clifford Chance sidelined as CGNU demands Istanbul presence

  • Chiomenti to launch office in New York

    8-Oct-2001

    Alliance with NY giant Skadden sparks stateside office for Italian law practice

  • City law firms braced for drop in fee growth

    8-Oct-2001

    The Lawyer's latest law firm business confidence survey, conducted by Wheeler Associates, makes for sober reading.

  • Clayton Utz wins pioneering Australian PFI

    8-Oct-2001

    Clayton Utz is acting on Australia's first major PFI deal.

  • Clean Living

    8-Oct-2001

    After the declaration of the war against money laundering, Jon Robins asks: are lawyers being made scapegoats?

  • Condé Nast guided by Manches in acquisition

    8-Oct-2001

    Manches is helping Condé Nast Publications acquire six titles from the Daily Mail & General Trust.Johansens Guides, which offers global hotel and leisure recommendations, will be known as Condé Nast Johansens from 2003.It will become part of the international group Advance Magazine Publishing, which also owns Vogue, Tatler, GQ and The New Yorker.Matthew Martin, Manches corporate and technology partner, led the takeover team which included commercial and intellectual ...

  • Deal of the week - Tempo group

    8-Oct-2001

    SJ Berwin drives Tempo administration for PwC

  • Deutsche hires SEC enforcement chief

    8-Oct-2001

    Deutsche Bank has appointed former US Securities and Exchange Commission (SEC) enforcement director Richard Walker as general counsel of its global investment banking business.

  • Dewey Ballantine (Mark Saunders) advised Varco International

    8-Oct-2001

    on the acquisition of Morinoak International for an undisclosed amount. Morinoak advised by Eversheds (Adrian Possener).

  • DLA targets asset-based lending work

    8-Oct-2001

    DLA is continuing its spate of high-profile hires as it takes on the former senior partner of the now defunct firm Wildes.

  • Eversheds to expand global employment

    8-Oct-2001

    Eversheds is giving a major boost to its international employment practice as it takes on a high profile employment specialist.

  • Eversheds to target global property from Birmingham

    8-Oct-2001

    Eversheds’ real estate group has set up a new multijurisdictional team to drive forward its international strategy.

  • Excuses, excuses

    8-Oct-2001

    Tulkinghorn is not the only person to have subliminally assimilated gangster parlance into daily life.Prosecution barrister Mark Hollier found that his artless ingénue impression did not go down well with recorder Michael de Navarro QC. In a quite brilliant piece of legal foolishness, Hollier explained that the judge could not sentence his client because his cat had been sick on the paperwork.Actually, Tulkinghorn is exaggerating, but cannot help thinking that such ...

  • Freethcartwright shores up corporate with Derby hire

    8-Oct-2001

    Nottingham-based firm Freethcartwright has strengthened its corporate team with the recruitment of a partner in its Derby office.

  • Freshfields boosts US securities in HK with Credit Suisse in-houser

    8-Oct-2001

    Freshfields Bruckhaus Deringer has hired a securities specialist from its client Credit Suisse First Boston.

  • Gouldens (Suzanne Billington) advised Delancey

    8-Oct-2001

    on the sale of Mountbatten House, Basingstoke, to Topland for £25.1m. Nabarro Nathanson (John Samson) advised Topland.

  • Halliwells drives corporate tax strategy with Dickinsons hire

    8-Oct-2001

    Dickinson Dees has lost the head of its corporate tax group to Halliwell Landau.

  • Hunton & Williams to attack UK corporate work

    8-Oct-2001

    Virginia law firm Hunton & Williams is ramping up its London presence and adding its first UK-qualified corporate partner.

  • Inns debate creches after report on minorities

    8-Oct-2001

    A proposal to introduce creches into that bastion of tradition the Inns of Court will be debated this week as a report reveals whether the Inns are winning the fight against discrimination.

  • Insurance

    8-Oct-2001

    The consequences of 11 September will prove far-reaching and complicated for the insurance industry. For once, the legal profession's much-maligned insurance sector is emerging as the one with much to gain from the horrendous attacks in New York.In a profession not noted for its inherent glamour, insurance lawyers are a tin of tuna among the fruits de mer. Banking and corporate lawyers do the deals, grab the cash, steal the headlines and get the girls - while their insurance ...

  • Leader

    8-Oct-2001

    Every Clifford Chance partner seems to be a conspiracy theorist at heart, but there's been little to agitate about recently. So it's no surprising that Keith Clark's announcement that he is to join Morgan Stanley has given rise to all sorts of chit-chat around the water cooler.It's a canny move. First, by announcing his departure a year early Clark makes it clear he is ...

  • Lewis scores corporate hat trick for Halliwells

    8-Oct-2001

    One of Halliwell Landau's London-based corporate partners scored a hat trick when he completed three corporate deals last week.Julian Lewis acted first for Tomkins on the £4m sale of the Northern Rubber Company to Icon Material Technologies, then advised Resurge on its £2.5m placing and admission to AIM.Third, Lewis advised Betterware on the sale of its subsidiary Petworth House to Web Broadcast Media.Halliwell Landau has acted for Tomkins before, advising ...

  • London set QEB forms alliance in Leeds

    8-Oct-2001

    In a move that reflects the growing importance of regional chambers for London barristers, Florence Baron QC's Queen Elizabeth Building (QEB) has forged an alliance with Leeds set 6 Park Square.

  • Lovells (Shaun Lamplough) advised Prudential

    8-Oct-2001

    on the sale of the Cunard Building, Liverpool, to Wirral Borough Council as administering authority for Merseyside Pension Fund. Wirral Borough Council advised by DLA.

  • Maples Teesdale advises on relocation

    8-Oct-2001

    Maples Teesdale has just advised merger partners Vizard Staples & Bannisters and Wyeth & Co on a 16-year lease of offices at Admirals Park, part of Land Securities' new Crossways scheme near Dartford.The firms' decision to take around 33,000sq ft prepares for the November merger. Wyeth will vacate its four Dartford sites to move into the new offices with Vizards' liability insurance staff. The merged firm will be known as Vizards Wyeth.Maples Teesdale commercial ...

  • Merger with Stibbe's Paris office sparks Lathams partner defection

    8-Oct-2001

    Latham & Watkins has lost a second partner in France following its merger with the Paris office of Stibbe.

  • Morgan Stanley reorganises legal function

    8-Oct-2001

    Morgan Stanley's law division has completed a root and branch reorganisation which includes the hire of Clifford Chance's chairman as international general counsel.

  • Moves and Mergers

    8-Oct-2001

    The big moves in the North West have all seemed to involve Halliwell Landau recently, both incoming and outgoing.

  • Mucking in

    8-Oct-2001

    Lawyers are not exactly renowned for rolling up their sleeves and getting their hands dirty. Let's face it, the closest any of you have come to rubbish is pointing out to the maid that the bin needs emptying - an attitude Tulkinghorn fully understands, of course. It was thus with some surprise and a little admiration that Tulkinghorn learned of a property partner whose professionalism went beyond the normal call of duty.What would you do if it was discovered that papers vital ...

  • News in brief

    8-Oct-2001

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

  • Nicholson Graham & Jones (Ian Green) advised Henderson Global Investors and Pearl Assurance

    8-Oct-2001

    on the admission of Hammerson to the existing partnership between Pearl and Greycoat in respect of Moor House and the partnership's proposal to proceed with the redevelopment of the Moor House site. Hammerson advised by Nabarro Nathanson (Kevin Stimpson) and Greycoat advised by Herbert Smith (David Paterson). CMS Cameron ...

  • North West best

    8-Oct-2001

    Gareth Chadwick tracks the development and expansion of the North West firms which, despite threats of recession, are continuing to produce steady growth rates

  • Northern rising

    8-Oct-2001

    Litigation is flourishing in the North West. Gareth Chadwick gives a round-up of the top cases

  • Norton Rose hires two for Frankfurt

    8-Oct-2001

    Norton Rose Vieregge is continuing its strategy of aggressive expansion in Germany as it takes on two more partners in its Frankfurt office.

  • Opinion

    8-Oct-2001

    A recent article on clinical negligence in The Lawyer (24 September) reported allegations that National Health Service Litigation Authority (NHSLA) lawyers are refusing to offer mediation, that we are a band of Rottweilers too timid to tell the NHSLA that "their doctors" have been negligent and they must pay up.All NHSLA lawyers have to complete a quarterly report giving options for managing the case. Each report includes a section devoted to the discussion of the issue of mediation. ...

  • Pinsent Curtis Biddle (Andrew Masraf) advised Curzon Holdings

    8-Oct-2001

    on its £5.65m acquisition of TCL Granby. TCL Granby advised by Bracher Rawlins (Allan Bracher) and debt finance provider the Bank of Scotland advised by Walker Morris.

  • Plumb jobs

    8-Oct-2001

    The record Caradon deals in 2000 remain unmatched this year, notes Gareth Chadwick

  • Separated at birth

    8-Oct-2001

    Tulkinghorn has noticed that Freshfields Bruckhaus Deringer has a new managing partner in the form of Peter Jeffcote. An admirable choice Tulkinghorn is sure, although he is slightly puzzled at the reason the firm gave for choosing him. The line was that Mr Jeffcote is a whizz at the old tax stuff and because of this could lead the firm towards LLP status. 'Stuff and nonsense,' ...

  • Shearmans boosts structured finance

    8-Oct-2001

    Shearman & Sterling is taking on the head of WestLB's derivatives legal team to boost its English law structured finance capability.

  • Simmons & Simmons raids Masons HK team

    8-Oct-2001

    Simmons to step up dispute resolution work in Asia; group of ten to join team

  • SJ Berwin (Andrew Harris) advised Graphite Capital Management

    8-Oct-2001

    on its £16.5m acquisition of Summit Medical by way of a management buyout. Senior debt funding was provided by the Bank of Scotland, represented by DLA. The vendor was advised by Charles Russell.

  • Skadden Arps launches Euro litigation practice

    8-Oct-2001

    English-qualified Mitchard to drive US firm's aggressive expansion plans for European arbitration

  • Spotlight: The conjoined twins case

    8-Oct-2001

    Pannone & Partners acted for the parents in this case, which leapt to the front pages across the country.

  • Take a butcher's at this, mate

    8-Oct-2001

    Simmons & Simmons knows how to throw a "pukka" celebration. Tulkinghorn recently attended a "blinding" press party thrown by the firm, and most impressive was the band who entertained the assembled hacks.Mrs Tulkinghorn was even more impressed when she found out that the band played at the wedding reception of that upstart young chef Jamie Oliver - you know, the one who irritates the pants off the entire male population while having a disturbingly arousing effect on most of the ...

  • The Anorak

    8-Oct-2001

    It'll never be the same again. We all lost something that day. Call it innocence, call it an ideal. It was the end of history and the beginning of the 21st Century. Something changed, not just in the world but in our view of it…Well every other columnist, novelist and rentaquote has spent the past few weeks spouting millenialist rhetoric, so I thought it only right that I should join in.It was not just the American dream that crashed last month - the net had its ...

  • The Italian job

    8-Oct-2001

    Banking and finance partner Andrew Welbourn has just joined Lovells from Milbank Tweed Hadley & McCloy. The press announcement proudly stated that he had "developed a specialist capability in Italian financing work, particularly in the power sector, which will be beneficial to Lovells' Italian and projects practices". Admirable indeed.Tulkinghorn was intrigued to learn just how Welbourn's interest in the Italian market got started. As a young student he decided to learn ...

  • Theodores in insolvency push as recession looms

    8-Oct-2001

    Theodores attacks non-bank end of insolvency market with Bevan Ashford corporate recovery head

  • Top corporate deals

    8-Oct-2001

    The North West

  • Top Litigation Cases

    8-Oct-2001

    The North West

  • Travers Smith Braithwaite (Christopher Bell, Neal Watson) advised Charles Baynes

    8-Oct-2001

    on a proposed return of £66.12m of capital to shareholders by way of tender offers for its issued shares and a subsequent reorganisation of share capital. Financial adviser to Charles Baynes, UBS Warburg, advised in-house by Andrew Caunt.

  • Travers Smith Braithwaite (Robert Harman) advised Lothbury Property Trust Company

    8-Oct-2001

    on the purchase of the Dolphin Retail Park, Salisbury, from Barclays Nominees for £11.3m. Barclays Nominees advised by Lovells (Peter Farrell).

  • US hotelier hits CC Rogers & Wells with professional negligence suit

    8-Oct-2001

    Clifford Chance Rogers & Wells (CCR&W) is facing a $100m (£67.79m) professional negligence lawsuit from a US client.

  • Vodafone raids Linklaters banking group

    8-Oct-2001

    Vodafone is taking on one of Linklaters & Alliance's leading capital markets lawyers as its first internal banking capability.

  • Weil Gotshal wins Birds' ex head of e-commerce

    8-Oct-2001

    Weil Gotshal & Manges has recruited Bird & Bird's former head of e-commerce, Graham Defries.

  • Wessing suffers as three more quit from Düsseldorf

    8-Oct-2001

    Troubled German firm Wessing continues to be plagued by departures, as three more partners resign from its Düsseldorf office.

  • White & Case hatches new Rowe & Maw bid

    8-Oct-2001

    US firm plans European assault as merger target drifts towards Mayer Brown

  • Willkie Farr team quits for Baker & McKenzie

    8-Oct-2001

    Baker & McKenzie's New York office is launching an assault on the US securitisation market by taking on two partners and four senior associates from Willkie Farr & Gallagher.

  • Wilsons faces NRA negligence suit over Lottery funding

    8-Oct-2001

    Salisbury firm Wilsons is facing a £135,000 negligence claim from the National Rifle Association (NRA).