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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.
Baker & McKenzie and Linklaters are confident that the London IPO of Ukrainian iron ore company Ferrexpo will go ahead despite legal wranglings in Moscow.
Bakers is advising the company on its listing on the London Stock Exchange (LSE), which is hoping to raise $440m-$550m (£223.26m-£279.07m) to become the first Ukrainian company on the main list. Linklaters, meanwhile, is advising JPMorgan Cazenove and Deutsche Bank.
A lawyer close to the IPO said the company was not concerned about the forthcoming court battle. "With emerging market listings, you always get black PR just before the IPO,” said the lawyer. “The company disclosed the legal dispute – it's nothing new."
But the flotation has been threatened by legal disputes with offshore companies, including Gilson Investments and Emsworth Assets. They are seeking to overturn the 2002 sale of their 40 per cent stake in Ferrexpo's largest mine, Poltava, claiming that the sale was illegal.
Ferrexpo's prospectus did mention the action, stating that it was "entirely without merit", but it did not specifically name the claimants.