9 February 2004
Matheson Ormsby Prentice has been drafted in to advise the provisional liquidators looking at Parmalat’s Irish subsidiary, Eurofood IFSC.
Barristers at 2 Mitre Court Buildings (2MCB) were told last week that they were free to look for new homes as part of the planning set’s long-term strategy.
Allen & Overy is to transfer its two-lawyer Albanian office to its Austrian ally Wolf Theiss, after deciding that the office no longer fitted with the magic circle firm’s strategy.A&O had inherited the Tirana office when it merged with Italian firm Brosio Casati e Associati in 1998. It had initially been established to serve the European Bank for Reconstruction and Development and the International ...
Allen & Overy (A&O) has lost Hong Kong-based litigation partner Cameron Scott to the Accountancy Investigation & Discipline Board (AIDB) in London.
Spain has a new regulation creating more transparency in corporate governance. Fernando Vives and Javier Ybañez report
The Court of Appeal has slammed the controversial Judge Seymour for the second time in just over a month.
Arnold & Porter has continued its assault on the Brussels market with the hire of five lawyers to its competition team.
Michael Beloff QC has added yet another string to his bow after being appointed ethics commissioner and chair of the ethics advisory group for London 2012, the company running the UK’s Olympic bid. Blackstone Chambers barrister Beloff, who will work alongside Blackstone joint head Charles Flint QC, will also nominate three non-executive directors. ...
No5 Chambers of Birmingham and London has appointed Peter Feinberg QC as the joint head of its criminal law group. Feinberg, who has more than 30 years’ experience at the bar, joins No5 from 2-4 Tudor Street Chambers in London. His brief is to develop the set’s London chambers.
Bonelli Erede Pappalardo is the new legal adviser to Italian software company Finmatica, which is under investigation for market rigging and obstruction of justice.
French corporate powerhouse Bredin Prat has boosted its turnover by more than10 per cent in 2003.
Brick Court Chambers QC Nick Green has scooped a new instruction from the Hong Kong telecoms regulator the Office of the Telecommuni-cations Authority (Ofta) on a groundbreaking competition case against the dominant fixed-line telecoms operator Pacific Century CyberWorks (PCCW).
A COALITION of major business groups has filed an amicus brief at the United States Supreme Court calling on it to “clarify” the US’s 1789 Alien Tort Statute, which they claim is being abused by special interest groups.
Wragge & Co is set to bid farewell to one of its most senior partners who is retiring from the firm to build on his prolific non-executive career.
Cadwalader Wickersham & Taft is gearing up to attack the UK’s lucrative collateralised debt obligation (CDO) market by relocating a highly-rated New York capital markets partner to its London office.
CC overhauls capital base; 15 per cent of firm borrowings to go back to partners
Clifford Chance’s US operation is continuing to haemorrhage partners as it loses yet another, this time to Cadwalader Wickersham & Taft’s Washington office.
O’Melveny & Myers has welcomed back Citigroup’s former chief operating officer (COO) as senior partner of its New York office more than a decade after his departure from the firm.
Coudert Brothers Paris is being hit with it’s third lawyer loss in less than two months after a respected international arbitration consultant leaves for Clifford Chance.
Asylum seekers have the right to make their home anywhere in Britain after a ruling by the Law Lords, in one of two cases where the courts clashed with the government over its immigration policies last week.
Dickson Minto’s single biggest client BC Partners has finally made a major UK acquisition following a protracted three-year dry spell.
More evidence of the imminent collapse of the legal aid scheme in certain parts of the country was produced on Friday, if further proof was needed.
Eversheds has improved the training offering at its HR group, hiring the head of DLA’s commercial training arm DLA Advance. Nicholas Edwards will join Eversheds’ London office on 24 February, where he will work on projects for the delivery of online training programmes for clients. Eversheds relaunched its HR group three years ago to offer full-service employment advice.
Eversheds head of international Alan Jenkins is set to take on the role of chairman along with his present duties after Keith James’s decision to step down at the end of the financial year.
The brighter the parents "the more intransigent and bitter" the dispute was likely to be in a marriage breakdown, ruled a top family judge in a case concerning two middle class parents "at war" over their children.
Plans by an elite group of universities to introduce entrance tests for their law degrees have been slammed by a leading legal education diversity body.
Ashurst (Philip Broke) advised UK stockbroker Panmure Gordon on the £14.3m rights issue and cash placing by ML Laboratories. Stringer Saul (David Smith) represented ML Laboratories.
Clifford Chance’s US practice has been hit with its second partner loss in less than a week, as its co-leader of the banking and financial restructuring group departs.
One of Wortley Byers’ straplines sums up its philosophy: ‘Life isn’t always black and white. For the grey areas, you need clarity, fairness and understanding.’ The firm aims to provide a service that unravels the complexities of law, shedding light on the grey areas so that if they do not quite end up being black and white, they are at least comprehensible.
I was very surprised to read in The Lawyer: “To add to FLAG’s financial woes, in August 2002 the Office of Fair Trading started an investigation into anticompetitive practices by cable-lending operators in the UK, including FLAG.
A legal battle over the sale of Fulham football ground Craven Cottage has seen Forsters senior partner Sophie Hamilton chided by a High Court judge, and has also revealed that the firm has lost the bulk of its work for property developer client Crown Dilmun.
Four Parmalat-linked companies in Malta set up by Maltese government lawyers and a further three established by Parmalat’s own auditors have been given a clean bill of health by the island’s Financial Services Authority (MFSA).
2 Temple Gardens has lost a second silk to professional negligence set Four New Square. Jeremy Stuart Smith QC, an insurance and products liability specialist who acted for claimants in the MMR litigation, joined Justin Fenwick QC’s set last week. It follows the arrival last July of 2 Temple’s Graham Eklund QC, a professional negligence silk, and product liability expert David Turner.
The new French financial markets regulator has the unenviable task of restoring confidence to the shaken French financial market. Bertrand Pebrier and Etienne Rocher report
The Financial Services Authority (FSA) has extended its mediation scheme so it is available to individuals and firms when they are under investigation from its enforcement division. Historically, mediation was only available after the firm being investigated had received a warning notice. The new scheme came into force on 1 February.
The Latin American alliance founded last week by Spanish firm Garrigues is already expanding, with Chilean firms vying for places.
Guitar maker Gibson has appointed a new general counsel, veteran entertainment law executive Joel Cherry. The former head of business affairs at EMI North America was also a partner in defunct Atlanta firm Katz & Cherry, where he had a glittering client list, including Willie Nelson, LucasFilms and Gloria’s and Emilio’s Estefan Enterprises. He will be based in Gibson’s Nashville headquarters.
French firm Gide Loyrette Nouel has signalled its commitment to London after securing 12,000 ft of permanent office space at landmark building CityPoint.
In an interview with CNBC TV this week, Ely Place silk Jonathan Goldberg QC announced the ambition of his client, Asil Nadir, to become the president of Northern Cyprus.
The legal team advising hundreds of British veterans claiming compensation for Gulf War Syndrome called an end to the legal action after eight years and £4 million in public funding saying that was "insufficient evidence" to sustain their claim.
Haarmann Hemmelrath has completed a major internal reorganisation, overhauling its profits distribution system and partnership structure.
The International Criminal Court (ICC) is a step closer to launching its first case, with Uganda President Yoweri Museveni referring the terror wrought by his county’s rebel group the Lord’s Resistance Army (LRA) to ICC prosecutor Luis Moreno-Ocampo.
Irwin Mitchell’s fledgling Newcastle office has taken on additional space at its Grey Street premises.
Fallout from the Australian arm of KLegal has begun, with departures from both KPMG and KPMG Legal to Australian firm Corrs Chambers Westgarth. KPMG tax partner Kevin Reilly joins as a senior consultant with the firm, while KPMG Legal lawyer Andrew Percival joins as special counsel.
Two retired tailors fighting a cutting-edge employment case against the Secretary of State for Trade and Industry will not pay a penny for their Court of Appeal claim, thanks to a cabal of barristers and solicitors working on the matter free of charge.
The Hilton Metropole on Edgware Road was simply brimming with 600 Clifford Chance partners last Friday (6 February). Amid all the pep talks, the workshops and the general joy, you can bet that at least a little of the chat was about shifting £30m in bank borrowings right back to the partners.
Linklaters partner in Mayer Brown switch" /Linklaters will impose four months of gardening leave on highly-rated litigation partner Andrew Legg, who has quit for Mayer Brown Rowe & Maw after more than 20 years at the magic ...
Linklaters secures wind farm instruction from RWE Innogy" /Linklaters has cemented its number one position with RWE Innogy, winning one of the company’s first sizeable deals since RWE acquired Innogy in 2002.
But with minimal input from borrowers, can it get off the ground? By Catrin Griffiths
London & Regional (L&R) is suing Lawrence Graham for almost £30m over a deal that it is claimed was bungled by Michael Fielding, the former partner who fled the country after allegedly taking £2m from L&R’s account.
Lovells is gearing up to reap the benefits of the upcoming EU accession by taking on a specialist corporate finance partner from Dewey Ballantine.
Two Hong Kong-based partners from Australian firm Mallesons Stephen Jacques will be ordered to pay HK$96.82m (£6.79m) to Yazhou Travel Investment Company, after losing a Hong Kong High Court action.
Insurance company Letsure’s in-house legal team is unique in acting for clients outside the company. By Steve Hoare
Ernst & Young-associated US firm McKee Nelson has made another swoop on a rival for laterals, this time taking two securitisation partners from Weil Gotshal & Manges. Structured finance and securitisation partners William Gray and Eugene Ferrer will bring the number of partners in McKee Nelson’s structured finance department to 20, following a sustained recruitment programme since the firm ...
Morgan Lewis has swooped on White & Case in a bid to bolster its Brussels office with an anti-trust lateral.
Finnish telecoms company Nokia is revamping its legal department to mirror the restructuring of the company that was announced at the tail end of 2003.
Barristers’ earnings from overseas clients have increased by almost 40 per cent over the past two years.
On 11 November last year the Court of Appeal struck what may be a knockout blow against film director Roman Polanski’s libel action against Vanity Fair. In doing so, it removed a threat to defendants in libel cases from litigants afraid to face the legal music in this country.
US firm Orrick Herrington & Sutcliffe has swooped for Alan D’Ambrosio, a former senior partner of Winston & Strawn.
Orrick Herrington & Sutcliffe has continued its attack on the Italian market by taking on a 16-lawyer firm in Rome, just 10 months after launching an office in Milan.
Osborne Clarke has launched a property practice in Thames Valley with the transfer of senior associate Andrew Clayton from the Bristol office.The firm already has corporate, banking, commercial and employment practices in the region. Clayton will initially handle all property matters in the Thames Valley on his own, however the firm is looking to recruit further assistants in the region.
Lawyers acting for Parmalat’s creditors will have to fight it out among themselves over the distribution of legal fees as negotiations over the reorganisation hit stalemate.
Delayed cash collection and insufficient credit checks are continuing to blight UK law firms, according to research by PricewaterhouseCoopers (PwC).
Niche licensing firm Poppleston Allen has beaten big four accountancy firm Deloitte to advise the Cyprus government on the review of its betting legislation.
Ryanair has turned to Weil Gotshal & Manges for extra help against the European Commission over a state aid case involving the cut-price carrier and Brussels’ Charleroi Airport.
Budget airline Ryanair was unrepentant last week in the face of a landmark discrimination action over its policy of charging disabled passengers £18 for use of their wheelchairs.
The legal movers and shakers behind our national newspapers are the Fleet Street lawyers, who despite their power like their anonymity. Naomi Rovnick blows their cover
Will China’s free trade agreement open the People’s Republic up for Western lawyers, or is it purely an exercise in semantics? Jon Robins reports
The chair of the Solicitors' Family Law Association stood down last week over the group's refusal to challenge the government on law that will turn solicitors into "government narks".
Shepherd + Wedderburn has boosted its London corporate practice with a new addition from Barlow Lyde & Gilbert. Robert Lyons joins the five-partner London branch with 17 years’ experience in corporate finance, including spells at Linklaters and Mayer Brown Rowe & Maw. He will become the second corporate lawyer at the ...
Real estate is booming in Spain. Jorge Adell and Bernat Mullerat report on one of the strongest drivers of the country’s economy
Speechly Bircham has picked up its second lateral this year after recruiting a former Mayer Brown Rowe & Maw (MBR&M) construction partner.
Canada’s Stikeman Elliot is forging ahead with plans to shear back it’s Hong Kong operation after announcing it will cease to practise local law. The Lawyer can reveal that in an internal email sent to lawyers and staff, the firm said: “Take notice that Stikeman Elliott will cease the practice of law in Hong Kong effective from 29 February 2004.”
Despite the political rhetoric that labels it ‘jackpot justice’, the average US class action award has been holding steady, says a recent study by two law school professors.
Lawyers at Wiltshire-based firm Withy King have won a major victory against two hospital trusts, with a Coroner’s Court returning the unusual verdict of death by “natural causes, contributed to by neglect”.
Wragge & Co has won out against the Treasury Solicitor’s department in a bizarre dispute over the Napster domain name.
Gian Paola Zini, Parmalat’s infamous lawyer, has called in Massimo Dinoia (pictured), the former lawyer to Italy’s ‘Mr Clean’ to come to his defence. Dinoia advised Antonio Di Pietro, the former Italian magistrate who spearheaded major anti-corruption investigations in the mid-1990s in a case against Silvio Berlusconi’s brother.