The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Clifford Chance and Sullivan & Cromwell head a bevy of leading firms with roles on Brit Insurance’s £888m sale to private equity houses Apollo Management and CVC Capital Partners.
Corporate partners Kem Ihenacho and Patrick Sarch led the Clifford Chance team acting for a consortium of CVC and Apollo, along with longstanding adviser Sullivan, where London corporate duo Tim Emmerson and Ben Perry led the US firm’s team. Dutch firm Nauta Dutilh advised on Dutch aspects.
Macfarlanes acted for the target company. Corporate partner Graham Gibb led the team for the longstanding client, along with relationship partner Charles Martin. The City firm teamed up with De Brauw Blackstone Westbroek on the Dutch side and Paul Weiss for US aspects.
Ashurst acted for Merrill Lynch Bank of America on cash confirmation, with former corporate head and longstanding Bank of America relationship partner Adrian Clark and finance partner Mark Vickers leading.
Linklaters also landed a role on the transaction, acting for the syndicate of banks that arranged the financing.
The deal will see the two private equity houses own 50 per cent stakes in the insurer under newly formed holding company Achilles Netherlands Holdings.