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.
Two magic circle firms secured lead roles on Sainsbury’s £445m capital raising.
Linklaters corporate partner Mark Stamp advised the firm’s longstanding client Sainsbury’s on the deal, while Allen & Overy partners Mark Dighero and Jonathan Mellor advised the banks, UBS and Morgan Stanley.
The deal involved a convertible bond. Sainsbury’s intends to use the capital raised to expand the business by 15 per cent by March 2011.
The proceeds of the deal were used to refinance £1.7bn worth of unsecured bonds and to make a £350m contribution to the company’s pension fund.