9 February 2004

The Lawyer

  • …while Mathesons advises on Irish branch

    9-Feb-2004

    Matheson Ormsby Prentice has been drafted in to advise the provisional liquidators looking at Parmalat’s Irish subsidiary, Eurofood IFSC.

  • 2MCB barristers given option of leaving

    9-Feb-2004

    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.

  • A&O abandons Albanian outpost

    12-Feb-2004

    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 ...

  • A&O partner quits HK for AIDB role

    9-Feb-2004

    Allen & Overy (A&O) has lost Hong Kong-based litigation partner Cameron Scott to the Accountancy Investigation & Discipline Board (AIDB) in London.

  • All clear ahead

    9-Feb-2004

    Spain has a new regulation creating more transparency in corporate governance. Fernando Vives and Javier Ybañez report

  • Appeal Court slams Judge Seymour for second time

    9-Feb-2004

    The Court of Appeal has slammed the controversial Judge Seymour for the second time in just over a month.

  • Arnold & Porter expands in Brussels

    13-Feb-2004

    Arnold & Porter has continued its assault on the Brussels market with the hire of five lawyers to its competition team.

  • Beloff QC takes up ethics post for London 2012

    9-Feb-2004

    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. ...

  • Birmingham set No5 takes on Peter Feinberg QC

    9-Feb-2004

    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 fights corruption claims aimed at Finmatica

    9-Feb-2004

    Bonelli Erede Pappalardo is the new legal adviser to Italian software company Finmatica, which is under investigation for market rigging and obstruction of justice.

  • Bredin Prat hikes turnover by ten per cent

    9-Feb-2004

    French corporate powerhouse Bredin Prat has boosted its turnover by more than10 per cent in 2003.

  • Brick Court QC wins Ofta instruction

    9-Feb-2004

    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).

  • Business groups attack 1789 US Alien Tort Statute

    9-Feb-2004

    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.

  • Business whizz takes leave of Wragge & Co

    9-Feb-2004

    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 relocates NY partner for UK CDO push

    9-Feb-2004

    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 partners to foot £30m borrowings

    9-Feb-2004

    CC overhauls capital base; 15 per cent of firm borrowings to go back to partners

  • CC US departure tally grows with Cadwalader hire

    9-Feb-2004

    Clifford Chance’s US operation is continuing to haemorrhage partners as it loses yet another, this time to Cadwalader Wickersham & Taft’s Washington office.

  • Citigroup executive returns to O’Melveny fold

    9-Feb-2004

    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 dispute expert jumps ship for CC Paris

    9-Feb-2004

    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.

  • Courts clash with ministers, once again, over immigration policies

    10-Feb-2004

    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 lands BC Partners’ Baxi acquisition

    9-Feb-2004

    Dickson Minto’s single biggest client BC Partners has finally made a major UK acquisition following a protracted three-year dry spell.

  • Editorial: Legal Aid advice deserts - one-in-four CABx report legal aid 'no go' areas

    10-Feb-2004

    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 hire boosts HR training for clients

    9-Feb-2004

    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 international chief bags chairmanship

    9-Feb-2004

    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.

  • Family law judge laments the brighter the parents the more bitter the divorce

    10-Feb-2004

    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.

  • Fears raised over law school entrance exams

    9-Feb-2004

    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.

  • Finance deals round-up

    9-Feb-2004

    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.

  • Finley departure deals further blow to CC US

    12-Feb-2004

    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.

  • Firm profile: Wortley Byers

    9-Feb-2004

    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.

  • For the record...

    9-Feb-2004

    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.

  • Forsters ‘reckless’ over Craven Cottage advice

    9-Feb-2004

    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 Malta Parmalat subsidiaries come through investigation clean

    9-Feb-2004

    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).

  • Four New Square swoops for 2 Temple silk

    9-Feb-2004

    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.

  • French toast

    9-Feb-2004

    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

  • FSA extends catchment of mediation scheme

    9-Feb-2004

    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.

  • Garrigues to expand Latin Alliance

    9-Feb-2004

    The Latin American alliance founded last week by Spanish firm Garrigues is already expanding, with Chilean firms vying for places.

  • Gibson guitars in key general counsel signing

    9-Feb-2004

    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.

  • Gide finds new City home in expansionist move

    10-Feb-2004

    French firm Gide Loyrette Nouel has signalled its commitment to London after securing 12,000 ft of permanent office space at landmark building CityPoint.

  • Grapevine

    11-Feb-2004

    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.

  • Gulf War veterans case dropped after eight year legal battle

    10-Feb-2004

    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 reorganisation embraces lockstep system

    9-Feb-2004

    Haarmann Hemmelrath has completed a major internal reorganisation, overhauling its profits distribution system and partnership structure.

  • ICC at the ready for Ugandan case

    9-Feb-2004

    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 bids for growth with Newcastle office expansion

    10-Feb-2004

    Irwin Mitchell’s fledgling Newcastle office has taken on additional space at its Grey Street premises.

  • KPMG Legal split sees Corrs snatch lawyer duo

    9-Feb-2004

    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.

  • Lawyer posse rounds on Govt retirement age limit

    9-Feb-2004

    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.

  • Leader

    9-Feb-2004

    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

    9-Feb-2004

    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

    9-Feb-2004

    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.

  • LMA: one leveraged loan document to rule them all

    9-Feb-2004

    But with minimal input from borrowers, can it get off the ground? By Catrin Griffiths

  • London & Regional sues Lawrence Graham for £30m

    13-Feb-2004

    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 raids Dewey for corporate finance ace

    9-Feb-2004

    Lovells is gearing up to reap the benefits of the upcoming EU accession by taking on a specialist corporate finance partner from Dewey Ballantine.

  • Mallesons pair fall foul of HK High Court

    9-Feb-2004

    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.

  • Manjit Katoara: Letsure

    9-Feb-2004

    Insurance company Letsure’s in-house legal team is unique in acting for clients outside the company. By Steve Hoare

  • McKee Nelson lures Weil securitisation duo

    9-Feb-2004

    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 boosts anti-trust with White & Case hire

    9-Feb-2004

    Morgan Lewis has swooped on White & Case in a bid to bolster its Brussels office with an anti-trust lateral.

  • Nokia rings in the legal changes

    9-Feb-2004

    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.

  • Offshore jurisdictions fill pockets of barristers – but for how long?

    9-Feb-2004

    Barristers’ earnings from overseas clients have increased by almost 40 per cent over the past two years.

  • Opinion

    9-Feb-2004

    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.

  • Orrick pounces for former Winston & Strawn chief

    12-Feb-2004

    US firm Orrick Herrington & Sutcliffe has swooped for Alan D’Ambrosio, a former senior partner of Winston & Strawn.

  • Orrick takes over Rome practice in Italian drive

    9-Feb-2004

    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 targets property with Thames relocation

    12-Feb-2004

    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.

  • Parmalat advisers jostle for legal fees as wind-up hits snag

    9-Feb-2004

    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.

  • Poor financial management hits law firms in the pocket

    10-Feb-2004

    Delayed cash collection and insufficient credit checks are continuing to blight UK law firms, according to research by PricewaterhouseCoopers (PwC).

  • Poppleston sneaks Cyprus govt mandate from Deloitte

    9-Feb-2004

    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 flies in Weil to aid A&L in Brussels case

    9-Feb-2004

    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.

  • Ryanair unrepentant over policy of charging disabled for using wheelchair

    10-Feb-2004

    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.

  • Sector focus: The press gang

    9-Feb-2004

    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

  • Sexy East

    9-Feb-2004

    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

  • SFLA chair steps down over dispute on law that will turn family lawyers into "government narks"

    10-Feb-2004

    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 ups London corporate

    9-Feb-2004

    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 ...

  • Spain wasn’t built in a day

    9-Feb-2004

    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 adds to hiring spree with Mayer Brown partner

    10-Feb-2004

    Speechly Bircham has picked up its second lateral this year after recruiting a former Mayer Brown Rowe & Maw (MBR&M) construction partner.

  • Stikeman Elliot halts HK law capability

    9-Feb-2004

    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.”

  • US class action costs hold steady

    9-Feb-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.

  • Withy King brings London NHS to book

    9-Feb-2004

    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”.

  • Wragges heads off the Treasury Solicitor in domain name fight

    10-Feb-2004

    Wragge & Co has won out against the Treasury Solicitor’s department in a bizarre dispute over the Napster domain name.

  • Zini looks to Dinoia for protection

    9-Feb-2004

    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.