The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
An overhaul of the legal in-house team at Russian conglomerate Rusal has seen the coordinating lawyer for its IPO quit just as the company announced its concrete plans to list in London.
The in-house changes mean the aluminium giant's legal team no longer boasts the lawyers who coordinated the $30bn (£15.1bn) merger between Rusal, Sual and Glencore's aluminium business last year.
Max Goldman, who was a legacy head of legal from Sual, had been in charge of capital markets at the combined company and was set to coordinate the much-anticipated flotation in London, which has gifted roles to Ashurst, Cleary Gottlieb Steen & Hamilton, Egorov Puginsky Afanasiev & Partners and Linklaters, as exclusively reported by The Lawyer last week (18 June).
Goldman has left Rusal "to explore other opportunities", according to a spokesperson, and could not be reached for comment. The company said it was still looking for Goldman's replacement.
At the same time Rusal's M&A legal head Max Sukov, who oversaw last year's merger from Rusal's perspective, has moved to a strategic and business development position within the in-house M&A team.
It is understood that Rusal's remaining general counsel Peter Clateman is coordinating the London IPO. Clateman spent time in the Moscow offices of Skadden Arps Slate Meagher & Flom and White & Case before taking in-house roles, joining Rusal last year.