9 July 2001

The Lawyer

  • A sporting chance?

    9-Jul-2001

    Sport is big business, and with the money has also come fraud. Michael Beloff QC and Brian Kennelly ask whether sporting bodies can keep pace with the cheats

  • A view from Sydney

    9-Jul-2001

    It is one thing when populist politicians, such as Pauline Hanson of the anti-immigration One Nation Party, play on fears and ignorance to attract attention to themselves.

  • A&O boasts turnover rise

    9-Jul-2001

    Allen & Overy (A&O) has scored a record year, with turnover increasing by 51 per cent to reach £494m for the year 2001-2002.

  • Awards of court

    9-Jul-2001

    The Lawyer Awards - well, that was a night and a half. With 1,380 of the great and the good all gathered together for a night of glamour and Abba, sparks were bound to fly - and they did. One thing's for certain, you just can't trust them (lawyers that is).Take Michael Skrein of Richards Butler for starters. Not content with winning the Litigation Team of the Year Award, he also did a runner with MTV's Svenja Geissmar's award for In-house Media and Communications ...

  • Barrett-Williams quits head of legal post at ORR

    9-Jul-2001

    Head of legal at the Office of the Rail Regulator (ORR) Sally Barrett-Williams has unexpectedly quit her post after less than a year.

  • Bignons signs merger agreement with DMG as CLA narrows down UK shortlist

    9-Jul-2001

    French firm Bignon & Lebray is strengthening its position within the Commercial Law Affiliates (CLA) as it announced plans to merge with a Lyon-based firm.

  • Burges Salmon wins work for Fire Brigade

    9-Jul-2001

    Burges Salmon has been chosen as the sole external adviser to handle legal work generated by the London Fire and Emergency Planning Authority's (LFEPA) corporate property project.

  • Case study

    9-Jul-2001

    The customer who 'borrowed' more money than anyone else from the fraudulent Bank of Credit and Commerce International (BCCI) was sentenced to a record 14 years in prison on 8 May 1997. Abbas Gokal, aged 61, was found guilty on 3 April 1997 of fraud and false accounting following a massive investigation conducted with the City of London Police. Hundreds of thousands of people around the world lost their savings when BCCI collapsed. This was the fifth and most important conviction ...

  • Clarke Willmott reports modest growth after an expensive year

    9-Jul-2001

    South West firm Clarke Willmott & Clarke has recorded a modest turnover increase of 14 per cent on last year.

  • Clayton Utz project finance team suffers

    9-Jul-2001

    Australian firm Clayton Utz has suffered a further drain on its finance department with the departure of two partners.

  • Coming Clean

    9-Jul-2001

    When he packed up his private practice kit bag to go in-house, head of legal for Onyx Environment Group Robert Hunt never looked back. Kelly Harrison talks rubbish with a man who knows more about it than most

  • Constants loses P&I ace to Ince & Co

    9-Jul-2001

    Ince & Co has scored a major coup with the appointment of highly-regarded protection and indemnity (P&I) lawyer Graham Crane.

  • Coudert tax partner joins Ashursts Paris

    9-Jul-2001

    Ashurst Morris Crisp is taking on a tax partner in Paris from the Paris office of US firm Coudert Brothers.

  • Davenport closes three film deals

    9-Jul-2001

    Davenport Lyons has completed a hat trick of major pieces of film finance deals - two for longstanding client Royal Bank of Scotland (RBS).

  • Deal of the week - Easynet/Ipsaris

    9-Jul-2001

    Skadden Arps Slate Meagher & Flom has been working for Easynet Group for a couple of years after scooping the role as main UK adviser in a beauty parade. This purely English law deal shows the depth of the Skadden Arps practice here now, as it is a reverse takeover that involved a fully-negotiated acquisition and a readmission of the enlarged group onto the London Stock Exchange.

  • Dickson Minto profits fall short after two-year high

    9-Jul-2001

    Corporate boutique Dickson Minto has recorded disappointing figures for last year, after two previous years of record growth.

  • Dillon resignation casts doubt on Morgan Cole-BP Amoco tie

    9-Jul-2001

    Morgan Cole's highly-rated head of energy Paul Dillon has resigned, threatening the firm's relationship with BP Amoco.

  • Direct Line Group acquires the German and Italian motor insurance businesses of Allstate for an undisclosed sum.

    9-Jul-2001

    Direct Line advised by Richards Butler (Christopher Jackson), Carnelutti in Italy (Alberto Rittatore) and Redeker Sellner Dahs & Widmaier in Germany (Jürgen Lüders). Allstate advised by Allen & Overy (Mark Wippell).

  • Fielding under Met Police investigation

    9-Jul-2001

    Former Lawrence Graham partner Michael Fielding is understood to owe a massive £12m to the Royal Bank of Scotland (RBS) and is now the subject of an investigation by the Metropolitan Police.

  • Finding fault

    9-Jul-2001

    Reforms to the laws governing corporate manslaughter are making UK industry very nervous. Steven Francis reports on their likely impact and asks whether they actually go far enough

  • Firms wait on MoD's choice for Scotland

    9-Jul-2001

    The Ministry of Defence (MoD) is choosing a law firm to handle its provision of all legal services in Scotland.

  • GE Capital Real Estate and Hermes Property Asset Management buy Headrow Shopping Centre in Leeds in 50-50 joint venture worth £47.25m.

    9-Jul-2001

    Hermes advised by Maxwell Batley (Raymond Levine). GE Capital advised by Nabarro Nathanson (Kevin Stimpson).

  • GE Capital/National Mutual

    9-Jul-2001

    This is the first major deal Herbert Smith has done for GE Capital in this sector. It was approached to do the work on the back of a burgeoning reputation for demutualisations. The firm is also acting on the £4.2bn demutualisation and flotation of Friends Provident, and on Royal London's acquisition of Scottish Life.National Mutual decided to review its mutual status and opted to look for a buyer; GE Capital was the successful bidder. The deal is subject to a vote by the members ...

  • Getting serious

    9-Jul-2001

    There was a time that the Serious Fraud Office was getting a lot of stick. Now it's the one giving it. Fenella Quinn reports on the organisation that fraudsters finally fear

  • Gibson Dunn loans Stephen Ball to client

    9-Jul-2001

    Gibson Dunn & Crutcher's high-profile London partner Stephen Ball has gone on secondment to client Flag Telecom.

  • God's game or clods' game?

    9-Jul-2001

    Osborne Clarke is a bit miffed that Rowe & Maw is taking the credit for the most ambitious law firm advertising campaign to date ('Rowe & Maw: Lawyers for business', appearing on the hoardings of the Greece England football match).Osborne Clarke's managing partner Leslie Perrin says his firm has also sponsored international sports. It paid £6,000 for the hoardings by the ...

  • Govt working time plans under fire

    9-Jul-2001

    A Government consultation paper proposing changes to the UK's working time regulations is unlawful, senior employment lawyers claim.

  • GW Pharmaceuticals raises £25m from its flotation on AIM.

    9-Jul-2001

    GW Pharmaceuticals advised by Rowe & Maw (Peter Dickinson). Nomad and broker Collins Stewart advised by Hammond Suddards Edge.

  • Half of US top earners in profits limbo

    9-Jul-2001

    Only half of the US 10 most profitable firms increased their average profits per partner last year, despite an incredibly busy year for deals.

  • Halifax web bank takes on director

    9-Jul-2001

    Intelligent Finance, Halifax's spin-off telephone and internet bank, which is based in Edinburgh, has appointed Roddy Garden as director of legal and compliance.

  • Home Office senior lawyer joins Liberty

    9-Jul-2001

    Human rights organisation Liberty has lured Shami Chakrabarti from the Home Office to a newly-created role as in-house counsel for its legal department.

  • Inspect the gadgets

    9-Jul-2001

    The technology revolution has certainly begun. Derek Southall marvells at some new gadgets that will have James Bond and Mission Impossible fans straining at the leash to go out and buy

  • Johnson Matthey makes a £147.1m recommended cash offer for Meconic.

    9-Jul-2001

    Johnson Matthey advised by Herbert Smith (Stephen Wilkinson). Meconic advised by Travers Smith Braithwaite (Spencer Summerfield) and McGrigor Donald.

  • Jones Day acquisition sets up US project finance capability in Spain

    9-Jul-2001

    Jones Day Reavis & Pogue in Madrid has taken on a senior counsel from US firm McGuireWoods.

  • Jones Day big-hitters fly out to Singapore

    9-Jul-2001

    Jones Day Reavis & Pogue has sent senior lawyers from its New York and Paris offices to expand its capacity in Singapore.

  • Law Society ditches equal opportunities committee

    9-Jul-2001

    As Bahl wins discrimination case, committee is dropped to save cash

  • Leader

    9-Jul-2001

    There's a third item to add to death and taxes: at some point, a corporate lawyer will turn to you and say earnestly: "We're really wanting to get into private equity."Get real. There have been few new entrants into this market for years and precious little mobility. Olswang's acquisition of the Berwin Leighton team and Allan Murray-Jones's move to

  • Manhattan transfers

    9-Jul-2001

    Allen & Overy has big plans for New York. But can any UK firm really mount a serious challenge in Wall Street? Jon Robins reports

  • Marrons partners face £1.3m suit

    9-Jul-2001

    Leicester firm Marrons is being sued for £1.3m by a client who claims to have lost out in the property market.

  • Midlands firms go head to head over Birmingham site

    9-Jul-2001

    A clutch of Midlands law firms are fighting over the same property in Birmingham.

  • Ministry of Defence/QuinetiQ

    9-Jul-2001

    Simmons & Simmons won the Ministry of Defence (MoD) work in a competitive tender against five other City firms in November 1998. This public-private partnership (PPP) is a high-profile transaction because it is the first time that the MoD has been the sponsor behind a Government project.This is the first time a country has tried to privatise a scientific research capability. Because the Defence Evaluation and Research Agency (Dera) is a military agency, it had to be split into ...

  • Mobile phone technology company Media Ventures Mobiles makes an investment in Quartez, a provider of mobile messaging solutions, for an undisclosed sum.

    9-Jul-2001

    Media Ventures advised by Bryan Cave (Anthony Fiducia). Quartez advised by Thring Townsend.

  • Nabarros partner joins Govt taskforce

    9-Jul-2001

    A Nabarro Nathanson public sector partner has played a key role on a Government taskforce, which last week issued its report on procurement skills within local government.

  • News in brief

    9-Jul-2001

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

  • North Eastern Circuit members vote to exclude employed bar

    9-Jul-2001

    Just 7 per cent of members of the North Eastern Circuit voted on the future of its employed barrister members following an amendment to earlier plans to ban them from membership.

  • Opinion

    9-Jul-2001

    I was surprised to read the comments of Ashurst Morris Crisp's head of real estate Simon Cookson about his firm in The Lawyer (16 April).In commenting on the firm's decision to refocus the planning group's direction away from the public sector, he described private sector work as "more interesting in many ways".My surprise was not only at the proposed new strategy - the firm has had ...

  • Paragon completes £251m mixed-asset securitisation.

    9-Jul-2001

    Lead manager Royal Bank of Scotland and trustee Citicorp advised by Herbert Smith. Paragon advised by Slaughter and May and Tods Murray and L'Estrange & Brett for the Scottish and Northern Irish aspects respectively.

  • Piper ditches McCutchen merger plans

    9-Jul-2001

    Merger talks have broken down between Chicago firm Piper Marbury Rudnick & Wolfe and California's McCutchen Doyle Brown & Enersen.

  • Proactive Sports Group completes £24.5m AIM flotation.

    9-Jul-2001

    Proactive advised by Hammond Suddards Edge. Broker Teather & Greenwood advised by Withers (Hugh Devlin).

  • Rickerby Watterson

    9-Jul-2001

    Rickerby Watterson aims to rival the big regional players

  • RJW voices opposition to PI discount

    9-Jul-2001

    Russell Jones & Walker has written to the Lord Chancellor claiming that the new discount rate in personal injury (PI) cases which he set last week is inaccurate.

  • Shaw Pittman targets high tech work with LA merger

    9-Jul-2001

    Shaw Pittman is set to take a firmer grip on the Los Angeles technology market by merging with Klein & Martin.

  • Shearmans hires counsel for Brussels

    9-Jul-2001

    Shearman & Sterling is launching its Brussels office with a hire from Cleary Gottlieb Steen & Hamilton.

  • Simmons in talks for Beiten merger

    9-Jul-2001

    BBLP alliance in jeopardy as ailing German firm turns to Simmons; Moquet Borde and Pavia left in the cold

  • SPBG unveils scheme to target corporate lawyers

    9-Jul-2001

    The Solicitors' Pro Bono Group (SPBG) is about to launch its first scheme specifically for corporate lawyers.

  • Strength and honour

    9-Jul-2001

    Ex-paratrooper Anders Hansen ditched the army for law. Sound tactics - as Osborne Clarke's European chairman, he is now taking the firm on the offensive

  • Summer lovin'

    9-Jul-2001

    "We're all going on a summer holiday, no more working for a week or two," sang the great Sir Cliff back in 1963 (Mrs Tulkinghorn remains a lifelong admirer of his work). But at a modern law firm there's no time to just bum around for a couple of weeks, so SJ Berwin decided to combine all summer holidays and the firm's summer party into one single evening.This was achieved by making ...

  • Surrey County Cricket Club signs sponsorship deal with Australian financial services company AMP, giving it exclusive naming rights to The Oval cricket ground for £2m over five years.

    9-Jul-2001

    Surrey County Cricket Club advised by Wedlake Bell (Adrian Heath-Saunders). AMP advised by Lovells.

  • Tarlo Lyons' e-business arm wraps up Atriax deal

    9-Jul-2001

    Tarlo Lyons' new e-business and banking technology department has done its biggest deal to date - advising new online foreign exchange trading portal Atriax on its UK debut.

  • Technology, media and telecoms

    9-Jul-2001

    Only a year or two ago, German telecoms firms preened themselves with the words 'full-service' and 'exclusive' when mentioning client relationships.

  • The Anorak

    9-Jul-2001

    It's good to talk, particularly if you're a lawyer.

  • Transforming the Law by Richard Susskind, published by Oxford University Press (ISBN 0198299222)

    9-Jul-2001

    First point. Richard Susskind is the nearest thing the law has to an e-guru.

  • US firm Squire Sanders wins HK local status

    9-Jul-2001

    Squire Sanders & Dempsey's Hong Kong office has gained local law status. Partners James Tsang and Antony Corel have passed the Hong Kong Bar Examination, allowing them to practise local law.

  • Watson Burton boosts private client

    9-Jul-2001

    Watson Burton has merged with private client practice Kris Andersen, bolstering its capability in this practice area.

  • White & Case hires partner from De Bandt

    9-Jul-2001

    White & Case is taking on a Linklaters & Alliance corporate partner in Brussels to spearhead the growth of a Belgian law transactional practice.

  • Wind

    9-Jul-2001

    According to Allen & Overy (A&O), it beat off competition from Clifford Chance and Linklaters & Alliance when it advised the lead arrangers on Wind's first round of financing last year. The deal raised euro2.4bn (£1.45bn). ...

  • Winners, every one of them

    9-Jul-2001

    Fair play, honesty and integrity - the key ingredients of any good lawyer. Or so Tulkinghorn thought until he attended the Law Society Commerce and Industry (C&I) Group's summer ball at the Hanover Hotel in sunny Warrington. Well, it would combine an important evening of networking with a lovely little treat for Mrs Tulkinghorn.As it turned out, she was quite disgusted with the blatant disregard of ethics that was displayed during the prize draw, at what was otherwise ...

  • Workspace Group sells its Midlands portfolio to Northern Trust Company for £42.3m.

    9-Jul-2001

    Workspace advised by Norton Rose (Lindsay Morgan). Northern Trust advised by DLA's Manchester office (Anita Weightman).