When on December 31, 2008, the last day of its financial year, the newly merged Dewey & LeBoeuf realised that it needed $50m to avoid breaching its bank loan covenant, it allegedly came up with a master plan to inflate its profitability by cooking the books.
The UK is the next frontier for banks involved in FX manipulation. What does this mean for the banks, the claimants and their advisers?
A first-of-its-kind case could have industry-wide implications once the Financial List comes into play.
Hounslow trader Navinder Singh Sarao faces almost certain extradition to the US for price manipulation
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.
The Americanisation of UK law is coming - so what are firms doing about it?
Citibank Global Markets Inc was recently saved, by the skin of its teeth, from being permanently barred from acting as a placement agent.
Gibson Dunn’s hire of former Ashurst senior partner Charlie Geffen is one of the biggest corporate stories of the season.
The self-belief of Freshfields managing partner and corporate head is remarkable.
Like a python after swallowing an antelope, Akin Gump London may want to rest a while.
Our survey of top international firms is, for the first time, truly international.
The legal enforceability of contracts in Europe
The Lawyer’s annual report into the top 50 firms for global litigation is eagerly awaited by those with ambitions to grow their contentious business.
Self-reporting is the key to navigating the anti-bribery legislation being implemented in Brazil
Mayer Brown has made up 27 partners in its latest worldwide promotions round, two of which are based in the firm’s London office.
Winston & Strawn has hired Pinsent Masons partner Paul Amiss and Gide Loyrette Nouel finance partner Rebecca Finn to join its London team in a bid to boost its corporate and finance practice.
White & Case is considering opening a shared services centre to serve its European offices in what would be the firm’s third worldwide.
Chadbourne & Parke and Pillsbury Winthrop Shaw Pittman have called off merger talks following months of speculation, The Lawyer understands.
Ross Allardice is one of four partners in White & Case’s London office who are helping to build up the firm’s private equity practice.
When Wragges and Gowlings merge next year numerous options will open up for the Anglo-Canadian firm to build on – and develop beyond – its IP and natural resources roots.
Some firms and in-house legal teams have used the resources squeeze of recent years as a chance to redesign their systems for efficiency, using process control methods borrowed from business.
International firms have generally positioned themselves well for Asia-Pacific’s rise – teething troubles aside. But it is the locals, particularly in China, who show the biggest appetite for its business, growing faster and wider than the globals.