The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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Can the US firm build a UK client base with its pure energy practice? By David Middleton
With the European assets of car parts manufacturer Collins & Aikman up for sale at a price said to be around $1bn (£560m), the City's corporate lawyers are no doubt courting potential purchasers for mandates. However, the company's restructuring has already provided months of work for a host of European law firms. Kirkland & Ellis, led by Lyndon Norley (pictured) and Richard East, and Denton Wilde Sapte, led by Mark Andrews and Neil Griffiths, acted for administrators Kroll, heading a group that included 10 law firms across Europe, including the Czech Republic, Germany, Italy and Sweden. The multinational team of lawyers had to ensure Collins & Aikman's 24 companies in nine European countries were administered under UK law to ensure there could be a group-wide approach to the restructuring and subsequent sale. The businesses also needed to be in a position to keep trading, otherwise production at most of the European car manufacturers would have ground to a halt. Kirkland has also scooped a role on Collins & Aikman's Chapter 11 bankruptcy in the US.