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Telecoms company Interoute is reviewing its legal advisers following its emergence from receivership.
Group legal counsel Richard Hastings is seeking to streamline his current panel of 15 firms and take advantage of preferred rates.
Mayer Brown Rowe & Maw has been the company's key corporate adviser since Interoute's launch in 1995 through to the deal that saved it from extinction, when majority shareholder Sandoz bought out its debt from chief creditor Alcatel in December last year. Peter Dickinson is Mayer Brown's contact partner.
Now that the company is up and running again, Hastings will review the firms he uses across Europe, where Baker & McKenzie plays a key role - the firm advises Interoute in France, Italy, the Netherlands and the UK, where partner Peter Strivens advises on telecoms issues.