The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Magic circle pair Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have been joined by Spanish giant Uría Menéndez to guide Qatar Holding’s purchase of a €2.1bn stake in Iberdrola.
Freshfields acted for Qatar Holding on its latest Spanish investment, with corporate partners Sarah Murphy and Bruce Embley leading in London alongside tax partner Jonathan Cooklin. In Madrid, corporate partner Armando Albarran led for Freshfields in a team featuring competition partner Alavaro Iza and tax partner Miguel Loran.
A&O and Uría acted for the Spanish construction giant, with London corporate chief Richard Browne leading for A&O and Madrid M&A partner Javier Tortuero taking the lead for Uría.
The deal will also see Qatar Holding, the direct investment arm of sovereign wealth fund Qatar Investment Authority (QIA), and Iberdrola enter into a strategic partnership that will see the two cooperate on developing new business opportunities, particularly in emerging markets.
Last year, Qatar Holding made a €2.7bn investment in Spanish bank Santander’s Brazilian operation. Cuatrecasas Gonçalves Pereira and White & Case acted for the investor on the November deal (1 November 2010).