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.
Denton Wilde Sapte, Ashurst and the London office of Gibson Dunn & Crutcher have scored the lead mandates on the two management buyouts of consulting company Kroll’s UK corporate advisory and restructuring practice.
Senior members of Kroll’s board have bought out the restructuring advisory business to form a new consultancy called Zolfo Cooper, while the management of the recovery business have also set up their own firm.
Gibson Dunn London partner James Barabas led the team advising Kroll’s parent company Marsh & McLellan. Marsh & McLellan is a client of Gibson Dunn’s US arm.
Dentons ;corporate finance partner Nigel Webber and corporate partner Simon Mitchell advised the managers on their buyout of the restructuring business. Ashurst advised the separate recovery business.
Kroll has been a client of Dentons’ reconstruction and insolvency group for 10 years and the corporate team benefited from the close links with the business.
Webber said: “This is an exciting move for the practice, and Zolfo Cooper looks set to become a major player in the restructuring industry. We were very pleased to be able to assist them on the deal and look forward to working with them in the future.”