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While the M&A market has generally been on the up, it’s clear that one group has been given a major boost by the recent activity: offshore firms.
Norton Rose Fulbright (NRF) has added K&L Gates partner David Johnson to its Hong Kong office, two years after he joined the US firm from Allen & Overy.
Clifford Chance has lost its third corporate partner from Germany in a month with the news that former German corporate head Arndt Stengel is leaving for Milbank Tweed Hadley & McCloy’s Frankfurt office.
M&A activity offshore rose to record levels in 2014, with aggregate deal value up 63 per cent compared to 2013 and deal volume at the third-highest in the last decade.
It took a while, but it was worth it. Cooley’s launch in London had been awaited for over a year, but it didn’t diminish the impact. Indeed, The Lawyer’s revelation ten days ago that the firm was opening in the UK with 19 partners dominated our most-read stories list.
Scottish firms Burness Paull and Levy & McRae are facing legal action from the liquidators of Heather Capital over their involvement in the collapse of the $400m hedge fund.
Irish firm Arthur Cox has appointed the general counsel of exchange-traded fund (ETF) provider Source, Adrian Mulryan, as a partner in its London funds team.
Eaglewood Europe has hired former Sidley Austin associate Dipali Sahni as its first general counsel.