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.
Norton Rose has received its first major instruction from Bahrain International Bank (BIB) to advise on the restructuring of its $460m (£294m) debt
Historically, BIB has relied on Bahrain lawyers or overseas firms in jurisdictions receiving the bank's investment - often the US. The instruction is likely to signal the start of a trend of Middle Eastern banks trying to sort out their liabilities following relatively unprofitable short-term investments in the US private equity markets. Norton Rose banking head Stephen Parish, who is leading the team, said there have been no loans to Middle East investment banks since 11 September. Clifford Chance, has also been instructed to advise a steering committee representing various Gulf and international creditors owed money by BIB.