The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The biggest financing deal of December was the £3.3bn package supporting Dubai Ports World's bid for P&O - a bid which at press time was being contested by Singapore-based PSA. Allen & Overy (A&O) partner Mike Duncan led for Deutsche Bank, while Clifford Chance partner Mark Campbell advised Dubai Ports World. Denton Wilde Sapte partners Farmida Bi and Matthew Sapte also scooped a role, advising Barclays Capital and Dubai Islamic Bank on the related Islamic bond issue, or Sukuk. The Sukuk was structured as a pre-IPO convertible and, at $9.3bn (£5.38bn), is the largest-ever Islamic bond. A&O tucked into an appetising recap before Christmas, with Tim Polglase reprising a familiar role for JPMorgan. The bank has continued its relationship with Lion Capital since its split from US parent Hicks Muse Tate & Furst, and A&O has reaped the benefits, this time with a £617m recapitalisation of Weetabix. Refinancing was the flavour of the month at A&O: Chris Andrew and Jon Bevan handled the £875m Drax refinancing and listing.
At Clifford Chance, Rod McGillivray, for Barclays Capital, Commerzbank and ING, topped a storming 2005 with the £500m financing of Terra Firma's bid for East Surrey Holdings, advising Citigroup and BarCap. New partner James Butters kept the borrower side of the business busy with a role advising Punch Taverns on its £1.25m acquisition financing of the Spirit Group, while Charlie Cochrane knocked out a couple of midmarket deals with Barclays. He advised Barclays and BNP Paribas on Exponent Private Equity's £235m acquisition (£180m debt package) for TSL Education, followed by the £130m financing of Fuller's bid for George Gale.