London Metals Exchange GC Tom Hine has guided the institution through a Hong Kong buyout and out onto the stormier seas of Eurocracy
DLA Piper has announced that the firm has again been recognised by The Financial Times in its 2013 US Innovative Lawyers report.
Philip Myers of Eversheds has commented in response to the UK chancellor’s announcement that the rise in business rates will be limited to two per cent.
Stephenson Harwood has advised CSE-Global on the sale of one of its wholly owned subsidiaries, Servelec Group, for £122m.
The doctrine of marshalling could be excluded by contract but the contract would have to be one between the two creditors not the relevant obligors and one such creditor.
A tribunal decision that required a committed Christian to work on a Sunday on an occasional basis in accordance with her contract of employment did not discriminate against her.
How to avoid the bonus cap — FCA update for investment firms that may qualify to remain under BIRPU rules from 1 January 2014 download
The FCA has published a webpage for investment firms that may qualify to remain under BIRPU rules from 1 January 2014.
Directors cede management powers on the appointment of administrators; however, the ability to cause the company to challenge the validity of appointment is an example of an exception to this rule.
A recent case has underlined the importance of a regular review of founding documents to ensure that those documents continue to meet your not-for-profit organisation’s objectives.
Eversheds has announced a tie-up with Mahons Attorneys in South Africa and El Heni in Tunisia.
NCTM has assisted IBM Italia in the acquisition of ACG, its division dedicated to the development and the distribution of management software, by TeamSystem Group.
Davis Polk & Wardwell and Freshfields Bruckhaus Deringer have secured lead roles in the $2.5bn (£1.5bn) IPO of China Cinda Asset Management, Hong Kong’s biggest global offering so far this year.
Allen & Overy (A&O), Ashurst and Clifford Chance have advised on German drugs and chemicals group Merck’s £1.6bn acquisition of AZ Electronic Materials.
McDermott Will & Emery (MWE) has picked up Ashurst partner Nikolaus von Jacobs to lead its private equity practice in Germany.
The FCA has published a Consultation Paper (CP13/17) on the use of dealing commission rules for investment managers.
Sylvia Kierszenbaum and Willem Van de Wiele have authored an article in The International Capital Markets Review.
Anthony Korn says statutory framework details ‘must change’ to encourage employees to report wrongdoing.
Allen & Overy has announced the appointment of Peter McDonald to head the firm’s antitrust and competition practice in Australia.
Appleby has acted as BVI counsel to Dalian Wanda Commercial Properties in relation to the listing of US$600m (£367m) 4.875 per cent guaranteed bonds due 2018.
The November 2013 edition of the Employee Incentives Alert has been published by Addleshaw Goddard.
Wragge & Co’s corporate team has advised Huhtamäki Oyj on its acquisition of UK-based BCP.
The law firm’s commercial team has won an award for its advice to Universal on the reorganisation of EMI.
Eversheds’ Asia managing partner has commented on the UK’s trade delegation to China.
The law in Jersey relating to the consequences of receiving a bribe has recently been clarified.
Conyers Dill & Pearman has been named among the leading law firms in Bermuda, the British Virgin Islands and the Cayman Islands.
In mid-November 2013, ASIC released a consultation paper in relation to the relief for employee share schemes from the disclosure (prospectus/PDS) and licensing requirements of the Corporations Act.
Governance News — 3 December 2013 download
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
Independent Whistleblowing Commission publishes report on whistleblowing framework and recommendations for reform download
The report makes a total of 25 recommendations for reform of the whistleblowing framework — Addleshaw Goddard reports on some of the key recommendations in this briefing.
This second instalment of ‘All Consuming Legal Insights’, Taylor Wessing’s new video series, focuses on protecting your business.
Former Ashurst global corporate head Stephen Lloyd is one step closer to joining Allen & Overy (A&O) after partners were last week told to prepare for a vote.
Part II provides an overview of the procurement process and what Japan is likely to expect from tenderers from commercial, compliance and cultural perspectives.
Hogan Lovells has advised EDF in relation to the issue of green bonds for a total value of €1.4bn (£1.2bn) — the first green bond ever issued by a corporate.
This article underlines the differences from the law or practice of the UK in three areas that have an impact on the enforcement of claims by creditors and shareholders of Bermuda companies.
Appleby has acted as Cayman counsel for PW Medtech Group in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Appleby has acted as Bermuda and BVI counsel to Credit Suisse in connection with a two-tranche convertible bond issuance by Goldpoly New Energy Holdings.
Hogan Lovells has advised EDF in relation to the sale of its minority stake of 49 per cent in SSE to EPH.
Earlier this year Clyde & Co revealed a 33 per cent climb in corporate revenue, from £53m to £70.7m.
In a surprising move, treasurer Hockey has ruled against the proposed acquisition by US company Archer Daniel Midland (ADM) of Graincorp Limited (Graincorp).
Former employees of Back Office who had set up a rival payroll services firm settled claims for breach of fiduciary duty, breach of covenant and unlawful conspiracy.
The European Commission has announced a proposal for a Directive on trade secrets and confidential business information.
Linklaters has as many FTSE 100 clients on its books as sector leaders Slaughter and May for only the second time since 2005.
Berwin Leighton Paisner (BLP) has announced a 6 per cent increase in revenue for the first six months of the 2013/14 financial year.
Minter Ellison has recruited two former managing partners of international firms in Asia: Jem Li and Rebecca Silli.
Global Competition Review has launched its ‘Private Litigation Know-how’ site, which, as contributing editor, Hogan Lovells collaborated on.
This guide provides readers with an overview of Australia’s business rules, from foreign investment guidelines to taxation, consumer protection, intellectual property and the employment law system.
Research from KPMG reveals that many organisations take a narrow approach to talent management — one that is steadily weakening their competitiveness and agility.
DLA Piper is set to expand its German corporate practice with partners Dr Jan Schinköth and Dominik Stühler.
Debevoise & Plimpton partner Geoffrey P Burgess has been named as one of six new members on AVCA’s Legal & Regulatory Committee.
DLA Piper has represented ACTIVE Network, a San Diego-based software company, in its $1.05bn acquisition by Vista Equity Partners.
James Klein provides an overview of the programme-level reporting issues that multinational corporations must manage with regard to their non-US long-term benefits plans.
Mark Forte and Tameka Davis of Conyers’ British Virgin Islands office discuss the duties of professional directors in BVI companies in the fourth-quarter issue of INSOL World.
Pillsbury has selected 10 lawyers for promotion to partner, effective 1 January 2014. The new partners span the firm’s offices and practice areas.
Minter Ellison has launched its Corporate HQ advisory hub — a central resource for directors, general counsel and company secretaries on corporate governance and law.
Governance News — 26 November 2013 download
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
Appleby has hired Orla Tynan as a trainee advocate in the Isle of Man litigation and insolvency team and Alicia Cain to the Isle of Man corporate and commercial team.
DLA Piper has been recognised by the BTI Consulting Group in its 2014 BTI Client Service A-Team: Survey of Law Firm Client Service Performance.
Judy Lee, a parter at Appleby, has won the offshore practice area individual award at the third annual Asia Women in Business Law Awards.
Clifford Chance has elected global corporate head Matthew Layton as its new global chief to replace outgoing head David Childs, who retires next year.
Freshfields Bruckhaus Deringer partner Chris Bown is leaving the magic circle firm to join private equity house CVC, a key client of the firm’s corporate group.
Anglia Retirement Homes has been acquired by Ravelstone Care Homes. Specialists from Shoosmiths provided advice on the property elements of the deal.
Eversheds has advised BOCI Asia on a top-up placing of existing shares of China Singyes Solar Technologies Holdings at an aggregate placing price valued at HKD324m.
Soft drinks company Britvic has appointed Addleshaw Goddard M&A partner Clare Thomas as its new general counsel after a period of secondment.
Shoosmiths’ Manchester corporate and banking team has advised on the £15.9m management buy-out of online wine retailer Virgin Wines.
Shoosmiths has advised on the acqusition of Anglia Retirement Homes, which was acquired by Ravelstone Care Homes.
Public companies and large private companies that have been incorporated a number of years are likely to have accumulated a number of subsidiaries, some of which will be defunct.
While the majority of the Stronger Super reforms have now commenced, a number of changes are due to come into effect at the end of 2013.
The IRS has concluded that a US individual was entitled to treat dividends received from a Cypriot holding company with no Cypriot ownership as QDI.
Taylor Wessing has advised the shareholders of Germany-based social media platform operator Sharewise on its acquisition by Japan-based Minkabu.
KWM has advised Pacific Asset Management Co (PAMC) on setting up an asset-backed scheme for a special funding project through raising insurance funds.
Hogan Lovells and South African law firm Routledge Modise have announced the approval of their respective partnerships to combine their firms.
Hogan Lovells has announced that partners Lourdes Catrain, Michael Mason and Neal Katyal have been named on this year’s Law360 MVP of the Year list.
Hogan Lovells has advised OTKRITIE Bank and Raiffeisen Bank International as joint arrangers on Vneshprombank’s debut 9.00 per cent $200m Reg S issue of loan participation notes.
Eversheds’ Michelle T Davies has been named as the sector’s Woman of the Year at the Middle East Solar Energy Association’s annual solar awards presentation.
DLA Piper has represented northern Virginia-based CustomInk, an online T-shirt company, in a $40m (£25m) investment by private equity fund Revolution Growth.
Debevoise & Plimpton is advising PSAV in its definitive agreement to be acquired by affiliates of Goldman Sachs from its current private equity owner Kelso & Company.
Addleshaw Goddard has appointed private equity specialist Andrew Johnston as part of its strategy of investing in new relevant service lines in growth areas.
The anti-retaliation provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act only confer protections to whistleblowers who report conduct to the SEC.
The Court of Appeal for Bermuda has delivered an important judgment about the jurisdiction of the Bermuda court to assist foreign liquidators by ordering the production of documents by persons in Bermuda.
There is no accepted formula for dealing with many of the issues that arise in negotiating a joint venture.
Governance news — 19 November 2013 download
Welcome to Minter Ellison’s weekly Governance News publication, summarising the top headlines in corporate governance.
DLA Piper Weiss-Tessbach has announced that Maria Doralt has joined the firm’s corporate practice as a partner in Vienna.
Appleby Guernsey has announced the appointment of senior funds and finance lawyer Kate Storey, who has joined as counsel.
It has been reported that Germany will introduce legislation requiring German companies to allot 30 per cent of their non-executive board seats to women from 2016.
Incubators are not often commonly associated with corporates or business enterprises, yet young companies can benefit greatly from a period of ‘incubation’.
DLA Piper has announced that Dr Michael Burg has joined the firm’s corporate practice as a partner in the Cologne office.
Hogan Lovells has expanded its Los Angeles office with the addition of a long-standing corporate transactional team.
Guy Flynn, chair of DLA Piper’s Maryland real-estate practice, has been honoured with a 2013 Leadership in Law award by The Daily Record.
Goodman Derrick has received recommendations in all of its core commercial practice areas from Chambers & Partners and The Legal 500 in 2013.
Eversheds has advised workforce payment solutions provider FleetCor Technologies on the acquisition of Epyx, a technology solutions provider to the fleet sector, from HgCapital.
Appleby has held a seminar entitled ‘Directors — do you know your duties?’, which was held on 15 November at the Old Government House Hotel, St Peter Port, Guernsey.
A roadmap to cross-border finance download
The Bank of International Settlements recently reported that renminbi (RMB) had for the first time become one of the top 10 most-traded international currencies.
Shoosmiths has provided advice to former CEO of Fitness First Colin Waggett for the launch of his new indoor cycling concept, Psycle London.
Freshfields and the London Stock Exchange have had a long and close association. Here’s how they keep things alive
A round-up of some of the most prominent corporate and litigation work that has been keeping offshore lawyers busy
Eversheds has been appointed as legal adviser to the Cell Therapy Catapult, a UK centre of excellence in cell therapy, following a competitive pitch process.
Eversheds has advised Allied Glass on a tertiary buyout backed by CBPE Capital.
Ince & Co has advised the majority shareholders of Interactive Ideas, an enterprise software distributor, on the sale of its business to Storit
The Dublin office of Eversheds has advised on the takeover by Endo Health Solutions of Paladin Labs Europe.
Yasmin Prest won her landmark divorce ruling when the Supreme Court ordered Mr Prest’s companies to transfer to her a number of properties as part of her lump-sum award.
Founder and lawyer
We deliver corporate legal advice to domestic, multi-national, state-owned organisations, conglomerates and entrepreneurs as they expand or divest their businesses.
Allen & Overy (A&O), Osborne Clarke (OC) and Proskauer Rose have taken mandates advising on the $1.7bn (£1bn) sale of Swiss pharmaceutical giant Novartis’ transfusion diagnostics unit to Spanish plasma therapies company Grifols.
DLA Piper has been advising Equinix, a supplier of data centre services, on the acquisition of the Kleyer 90 Carrier Hotel in Frankfurt.
DLA Piper has been ranked as a leading firm in the 2014 edition of World Tax, a directory of the leading tax advisory firms.
The Competition and Markets Authority (CMA) has appointed Norton Rose Fulbright antitrust and competition partner Michael Grenfell in a senior policy role.
Bird & Bird has opened an office in Dubai, its second office in the United Arab Emirates (UAE) following an Abu Dhabi launch in 2011.
King & Wood Mallesons and Latham & Watkins are among the firms that have landed roles in the $1.1bn IPO of Huishang Bank, the third Chinese bank to go public in Hong Kong in a month.
Allen & Overy has succeeded in the category of corporate law and has also been named Law Firm of the Year 2013 for Best Client Service.
Hogan Lovells has advised Astronics in relation to the acquisition of French company PGA Electronic.
Governance News — November 2013 download
Minter Ellison’s Governance News provides a synopsis of its weekly summary of corporate law and governance developments in Australia and overseas.
King & Wood Mallesons has advised China Huirong Financial Holdings on its successful listing on the main board of the Hong Kong Stock Exchange on 28 October.
King & Wood Mallesons has acted for CBA Equities as lead manager and underwriter on the IPO of Affinity Education Group.
Ashurst corporate partner Eavan Saunders Cole is set to exit the Appold Street firm after almost 14 years.
Australian listed firm Slater & Gordon has confirmed that it is in tie-up talks with Pannone following months of silence from the firm about the top-level discussions.
Conyers Dill & Pearman has advised Avolon, an aircraft leasing group, on the Bermuda law aspects of its $636m asset-backed securitisation for Emerald Aviation Finance.
Eversheds Ireland has played a key role in the takeover by Endo Health Solutions of Paladin Labs Europe for approximately £1.1bn.
Baker Botts, Travers Smith and Maclay Murray & Spens have acted on GDF Suez’s recent entry into the UK onshore shale gas market.
Pannone has delayed a partner vote on its proposed merger with Slater & Gordon for a second time.
Dangerous things, mergers. I’m not talking about Penningtons’ takeover of zombie firm Manches, although that deal is tricky enough in itself – as we expose in considerable detail this week.
From Coronation Street to Legoland to Serie A football – glamorous transactions were grist for the mill last month, gilding the lily of big energy and infrastructure deals
The Leeds office of law firm Addleshaw Goddard has advised John Laing on a deal that will see a major onshore wind farm delivered.
Addleshaw Goddard has appointed corporate expert Ben Gillespie to its Dubai office in a move to further strengthen its core GCC offering.
Allen & Overy has advised Husky Injection Molding Systems on its acquisition of Schöttli Group. The sale is expected to close in early December.
Appleby has acted as lead counsel to Standard Chartered in connection with the consolidation of its two Jersey banking entities.
Hogan Lovells has advised Tokio Marine & Nichido Financial Life Insurance Co on its absorption merger with another group company, Tokio Marine Nichido Life Insurance Co.
King & Wood Mallesons has acted for Warburg Pincus in the sale of all of its shares in Transpacific Industries Group.
Eversheds has advised Eagle Ride Investments on the HKD270m public takeover bid for shares of Radford Capital Investment.
The tribunal has produced a decision which, in the words of Paul George, the FRC’s executive director of conduct, ‘should be essential reading for all members of the profession’.
DLA Piper has advised Bestinvest on its acquisition by a company owned by Permira.
Ogier has been promoted to a top-tier firm in Guernsey and continues to hold top slots in Jersey in the Chambers UK 2014 rankings.
Wragge & Co has advised the founder of Mountain Warehouse on the £85m acquisition of the outdoor clothing and equipment retail business.
The Luxembourg side of London download
Arendt & Medernach’s London office demonstrates a desire to better understand the needs of UK clients seeking Luxembourg law advice.
Conyers Dill & Pearman has been recognised as a Tier 1 firm in the Legal 500 Asia Pacific 2014 directory released this month.
Addleshaw Goddard has announced the hire of Nigel Francis, former head of litigation and employment at Minter Ellison, as head of its associated Hong Kong law firm operations.
Ashurst global corporate head Stephen Lloyd has resigned from the firm’s partnership.
Taylor Wessing has advised Inflexion Private Equity Partners on the secondary buyout of Cablecom Network Holdings.
Mark Molyneux, a north-west lawyer at Addleshaw Goddard, is to speak at an international arbitration conference in Africa.
Electronic signatures not yet a substitute for the 'wet' signature in corporate transactions download
Finding an electronic equivalent to ‘wet’ signatures is necessary to the continued growth and development of e-commerce. However, it is difficult to find a nationally accepted fraud-proof process.
King & Wood Mallesons has acted on Nine Entertainment’s initial public offering (IPO) of up to approximately $697m of shares, advising the joint lead managers.
Withers is extending its corporate and finance offering to Asia in response to growing client demand.
Hogan Lovells has appointed Michael McTiernan as a partner in its corporate practice.
Hogan Lovells’ corporate team has helped Laboratory Corporation of America Holdings (LabCorp) finance an offering of $700m in senior notes.
The first-ever English trainee solicitor to have been trained exclusively in Russia has qualified into Hogan Lovells’ Moscow office.
Pinsent Masons has once again taken the top spot in Adviser Rankings’ latest Aim rankings, despite Memery Crystal closing its leadership gap by three clients since July.
The purpose of this white paper is to help in-house counsel bridge this gap by translating legal process improvement into a value proposition that will resonate with the chief financial officer.
What metrics are the most valuable to manage your legal department and show its value to stakeholders in the company?
Ezra Borut, a partner at Debevoise & Plimpton, has been named recipient of Lawyers Alliance for New York’s 2013 Cornerstone Award.
Why relying on A/P and invoice approval software is a dangerous game for your legal department download
Legal eBilling, invoice approval and matter management software, as opposed to just A/P software, are neccessary to efficiently manage even a small legal department.
Allen & Overy has advised BNP Paribas in connection with a capital increase of around €100m (£85m) executed by AIXTRON.
Allen & Overy has advised the syndicate of banks led by Credit Suisse on the successful initial public offering (IPO) by Cembra Money Bank.
For many years, directors (and other executive officers) have faced deemed liability under Queensland law.
The guidance has been updated to reflect the revised version of the UK Corporate Governance Code and the FRC Guidance on Audit Committees.
Patricia M Hynes, senior counsel at Allen & Overy, has received the New York Law Journal’s 2013 Impact Award.
This advisory provides an overview of the anti-corruption enforcement risk in Brazil, summarises the new law, compares it with the FCPA and offers practical compliance suggestions for in-house counsel.
Corporate debt download
HMRC launched a consultation in June 2013 on modernising the taxation of corporate debt and derivative contracts.
The latest edition of Chambers UK has placed Mills & Reeve in the top five law firms in the UK, based on the number of top-ranking practice areas.
Debevoise & Plimpton has announced that Brian F McKenna has been named international counsel to the firm, effective 1 November 2013.
The government has published its response to the consultation on reform of the TUPE Regulations 2006.
Appleby Isle of Man has now held the island’s top spot in all three leading independent legal directories for five consecutive years, after receiving Tier 1 rankings once again in 2013.
Debevoise & Plimpton has advised the Special Committee of the board of directors of Dell in its acquisition by Michael Dell and Silver Lake Partners
Addleshaw Goddard has advised Andor Technology on its acquisition of Apogee and Spectral Applied Research.
NCTM has assisted Bucher Group in the acquisition by Giletta of the entire share capital of Gmeiner.
A KPMG survey of more than 440 chief financial officers has revealed that the majority are now poised to make the necessary investments and embrace intelligent finance models.
Lawyers from Walker Morris are advising Servelec Group on its proposed IPO on the Main Market of the London Stock Exchange.
DLA Piper has advised China Everbright and China Everbright Securities (HK) on the IPO of IGG on the GEM board of the Hong Kong Stock Exchange.
Dentons has elected another legacy Salans partner as its new European CEO after a partner vote, seven months after its tripartite merger went live.
Wide sentencing powers can have a significant impact on a defendant’s finances.
DLA Piper has announced that the firm has been recognised by Corporate Counsel in the publication’s 2013 Annual Patent Litigation Survey.
Hogan Lovells has advised Liberty Global on the disposal of its international content division Chellomedia to AMC Networks for $1bn.
Some of China’s largest firms, including Dacheng, JunZeJun and Jingtian & Gongcheng, are among the first to feel the pinch as the country’s stock markets regulator gets tough on accounting fraud in the domestic market.
This guide addresses the issues that arise when an exempted company seeks to establish a physical office in Bermuda.
We are recognised as a leading law firm for corporate work by both Chambers UK and The Legal 500. Our corporate team covers all aspects of equity capital markets advice, M&A and private equity for UK and international companies.
Field Fisher Waterhouse (FFW) has won one of its biggest roles yet for Nintendo, landing a lead role advising on the launch of its UK online retail store.
The Queensland Parliament passed the Directors’ Liability Reform Amendment Bill 2012 to reform Queensland’s laws imposing personal liability on directors for corporate fault.
Hogan Lovells has advised CLSA and CITIC Securities as the joint placing agents in respect of a placement of 115 million existing shares in Trigiant Group for HKD362.3m.
This booklet addresses employees’ many commonly asked questions regarding international assignments.
Andrew Legg has commented following news that a British printing company is facing charges of corruption related to contracts for the supply of ballot papers in African elections.
Health and safety in the workplace involves two different branches of the law, civil and criminal, as well as both corporate and personal responsibility.
Significant changes are imminent as the much anticipated DPA takes a step closer to implementation with the release of a draft code of practice.
DLA Piper has advised the shareholders of R Griggs Group, the parent company and licensee of the Dr Martens brand, on its disposal of Griggs to an investment vehicle.
The specialist pharmacy team at Sintons has overseen the £37m management buyout transaction of pharmaceutical wholesaler DE Group.
NCTM has advised Venice Holdings, a company controlled by the Rhone Capital fund and owned by the Silvestrini family, on an investment agreement with Dixons.
Companies operating internationally often engage numerous — sometimes even thousands — of third parties around the world to help facilitate their business.
Travers Smith, Freshfields Bruckhaus Deringer and Dickson Minto have taken lead roles on the £100m sale of Byron Hamburgers to private equity group Hutton Collins Partners.
Karanovic & Nikolic has hosted a cocktail for more than 100 clients, colleagues, diplomats and other notable members of the business community.
Foreign investment and business participation in Thailand is often heavily regulated.
DLA Piper has advised mi-Technology Group on its acquisition by CSA Group, a provider of product certification and testing services.
Berwin Leighton Paisner (BLP) finance and restructuring partner Trevor Wood has become the latest partner to leave the firm after being hired by Mayer Brown.
Governance news from Minter Ellison download
This briefing from Minter Ellison provides a synopsis of its weekly summary of corporate law and governance developments in Australia and overseas.
Hogan Lovells has recruited private equity partner Ed Harris into its London corporate practice. He joins the law firm from SJ Berwin.
DLA Piper has moved its New Jersey office from Florham Park to the Class A office building at 51 JFK Boulevard in Short Hills.
Corporate lawyers from Hogan Lovells’ Silicon Valley office have helped Five Prime Therapeutics to finance its operations and to enter the public market.
The long-standing general counsel of French oil giant Total SA, Peter Herbel, is to retire in December with oilfield services heavyweight Maarten Scholten stepping into the role.
Hogan Lovells has been nominated for 11 awards at the upcoming Euromoney Asia Women in Business Law Awards 2013.
SJ Berwin private equity partner Ed Harris has quit for Hogan Lovells, a year after the two firms advised Duke Street on a cash injection into the Parabis Group.
For many emerging companies, the road to a global workforce is paved with potholes.
The Cayman Islands Stock Exchange (CSX) is a leading offshore exchange for the listing of specialist debt securities, Eurobonds and insurance- and risk-related securities.
On 1 October 2013, general commercial and corporate law firm Pamboridis celebrated its 10-year anniversary.
Ashurst, Clifford Chance, Freshfields Bruckhaus Deringer, and Simpson Thacher & Bartlett have won advisory roles on an IPO by Merlin Entrainments, owner of attractions that include Legoland and Madame Tussauds.
China is one of the world’s largest markets for internet use.
In a 2013–14 Top Companies for Graduates to Work For list, compiled by TheJobCrowd.com, Shoosmiths scored 4.3 out of a maximum of 5.
Shoosmiths has appointed Linda Williams, a former senior associate of Osborne Clarke’s banking and finance group, to its banking team.
This year’s The Lawyer UK 200 results convey the clearest message yet that success lies in firms’ evolution to businesses that deliver services.
Linklaters has moved quickly to replace private equity partners Richard Youle and Ian Bagshaw by relocating Stockholm-based corporate partner Roger Johnson to London and appointing corporate partner Nick Rees as head of the group.
Slater & Gordon’s planned takeover of Pannone has hit delays with the firm forced to allay individual concerns before any acquisition can go ahead.
The Channel Islands Stock Exchange (CISX) has clarified how to approach dealings with the CISX in the period prior to its proposed restructure.
Ben Jones, tax expert at Eversheds, commented after the EU launched a probe into Gibraltar’s corporate tax regime.
King & Wood Mallesons has assisted Wolong Electric Group Co in its major assets restructuring and thereby materialised the securitisation of overseas assets on the A-share market.
Linklaters private equity partners Richard Youle and Ian Bagshaw have resigned from Linklaters to join the London office of White & Case.
Davis Polk & Wardwell, Freshfields Bruckhaus Deringer and Morrison & Foerster (MoFo) have won roles on Chinese supermarket Wumart Stores’s proposed acquisition of a minority stake in Thai retailer CP Lotus for HK$2.3bn (£185m).
Legal 500 UK 2013 has recommended Ince & Co as a top-tier law firm in shipping and corporate and commercial.
King & Wood Mallesons has advised Quadrant Private Equity on its recent investment in Estia Health.
A cross-practice team from Shoosmiths has helped Allied London acquire ITV Granada studios.
Allen & Overy has advised Deutsche Annington Immobilien on the launch of its EMTN programme with a total volume of €4bn and the first successful €500m bond issue under this programme.
Allen & Overy has acted as joint legal advisers with Minter Ellisons to the Lloyds Banking Group in respect of the sale of select Australian businesses.
DLA Piper has advised Vocalocity, a provider in the SMB-hosted VoIP market, on the sale of Vonage Holdings.
KWM has advised BNP Paribas Commodities (Shanghai) Co, on obtaining a licence issued by the China (Shanghai) pilot free-trade zone.
Stephenson Harwood has appointed a legal director and two consultants to its offices in China.
Two key features of the JOBS Act, when combined with certain advantages enjoyed by issuers in Rule 506 offerings, will open up a new category of ‘publicly offered private offerings’.
Lloyds Banking Group has agreed the sale of its Australian asset finance business and its corporate loan portfolio to Westpac Banking Corporation for AUD1.55bn.
Allen & Overy and Australian firm Minter Ellison have advised Lloyds Banking Group in selling its Australian operations to Australian bank Westpac for £900m (A$1.55bn).
Financial services and insurance industry group leader
Infrastructure industry group leader
Head of tax division
Chief executive partner
Head of corporate division
Debevoise & Plimpton has advised the executive management and certain other shareholders of Arrow Global Group on its successful IPO.
Sintons has recruited lawyers Caroline Swift, Metab Hussain and Emma Pern to its corporate team.
Conyers Dill & Pearman has been recognised as a leading financial and corporate law firm in the most recent edition of IFLR1000
Independent legal directory IFLR1000 has moved Appleby Guernsey up its rankings for the finance and corporate and investment funds categories.
Hogan Lovells has appointed Fabrizio Lolliri as European director of transfer pricing.
The International Financial Law Review 2014 edition has promoted Ogier to a top-tier firm for its investment fund and corporate and finance practices in Guernsey.
Two Chinese firms are being sued in a blazing forestry deal row but the country’s whole legal profession is about to feel the heat.
Hogan Lovells has advised the trustees of KPP on the implementation and completion of a settlement of its claims against EKC.
Debevoise partner Jonathan R Tuttle has been named in Securities Docket’s inaugural Enforcement 40 list.
Investors, banks and companies can rely on Jinga Maravela for tailored advice with regard to any transactions unfolding under the rules and regulations governing the capital markets.
In order to help our clients tackle competition aspects swiftly and efficiently, our lawyers are prepared to assist with the whole range of competition matters.
Appleby has acted as Cayman counsel for China Ludao Technology Company in relation to its listing on the main board of the Hong Kong Stock Exchange.
Appleby has acted as Cayman counsel for Ngai Shun Holdings in relation to its listing on the main board of the Hong Kong Stock Exchange.
Ogier has four people included in Citywealth’s Jersey Future Leaders list: three from Ogier Private Wealth and one from Ogier Legal.
Whatever the matter requiring corporate assistance, you are in the right place.
Clifford Chance private equity partner Tom Evans is leaving the firm to join Latham & Watkins’ corporate practice.
Mourant Ozannes has maintained its position with top-tier rankings in the latest IFLR1000 rankings.
For the second consecutive year, NCTM has been included in the Financial Times Innovative Lawyers 2013 ranking.
Stephenson Harwood has been appointed to two of the Pension Protection Fund’s (PPF’s) new legal panels.
DLA Piper is named 2013 International Law Firm of the Americas and Los Angeles Transfer Pricing Firm of the Year.
DLA Piper has represented Miller Energy Resources Inc in the dismissal of two consolidated shareholder derivative suits.
NCTM has acted as a legal adviser to GCI in the transfer of 15 real-estate assets, valued at €635m, to an investment fund managed by Morgan Stanley SGR.
Allen & Overy’s M&A Index has revealed that the M&A market has given mixed signals in the third quarter of 2013.
DLA Piper has advised ECT on its acquisition of Matrix, which provides energy management and energy efficiency services for commercial buildings.
DLA Piper has been named Most Innovative Law Firm in Client Service at the Financial Times’ Innovative Lawyers 2013 Awards for its WIN programme.
Guernsey was the first jurisdiction to introduce a protected cell company (PCC) in 1997 and has been regularly using cell companies and refining the concept since then.
The Eversheds international corporate law team advises a range of clients, from some of the world’s largest corporations to growing and start-up businesses.
We have established a corporate secretarial team dedicated to assisting you with subsidiary entity management around the globe.
Our global fraud and international investigations group comprises specialists from Europe, Africa, Asia and the Middle East.
The international inquiries and investigations team is made up of more than 200 lawyers worldwide and is able to quickly mobilise dedicated resources.
Three partners at Debevoise & Plimpton have been named on Private Equity International’s first-ever Legal Power 30 — a list of the 30 most influential private-equity lawyers globally.
MOLITOR Avocats à la Cour has announced that Chan Park will join the law firm as a partner on 22 October 2013.
Our finance specialists advise on a full range of corporate, real-estate, project and structured finance transactions.
Minter Ellison’s corporate team has extensive and market-leading experience in all aspects of corporate and securities laws.
We have a team of more than 60 dedicated lawyers, giving us a global perspective when dealing with the contractual, regulatory and financial issues that affect this sector.
Partner and head of Bucharest office
We are proud that our team of international M&A lawyers is a number-one team for European midmarket corporate transactions.
Shanghai’s new Free Trade Zone boasts a number of firsts, not least the speed of its creation.
Conyers has provided British Virgin Islands legal advice in connection with the issue of $500m to AVIC International Finance & Investment Company.
DLA Piper has advised the Turkey-based international Coca-Cola bottler in its inaugural offering of $500m 4.750 per cent investment-grade notes due in 2018.
Eversheds Bitans has been awarded the Latvian Corporate Law Firm of the Year award 2013 by Lawyer Monthly.
The SEC proposed the adoption of a new Item to require public companies to disclose the ratio of their CEO’s total compensation to the median annual total compensation of all other employees.
DLA Piper has released the autumn issue of its Emerging Growth and Venture Capital News publication.
Allen & Overy has advised MAX Automation in Düsseldorf on the acquisition of the AIM Group from Günther Holding in Hamburg.
Allen & Overy has advised Hapag-Lloyd on the successful placement of a €250m (£210m) high-yield bond under New York law.
Allen & Overy has advised Saudi Arabian solar company Sun & Life on the acquisition of the insolvent solar division of the Flabeg Group.
Veronica Cocârlea has a general corporate and commercial practice as well as mergers and acquisitions expertise.
According to The Legal 500’s latest report on the UK legal industry, Walker Morris has achieved its best ever results, reinforcing its position in the top tier.
FTC and DoJ release updated model confidentiality waiver for use in cross-border investigations download
The FTC and DoJ have issued an updated joint model waiver of confidentiality for use by parties in cross-border merger and civil non-merger investigations.
Memery Crystal has improved on its rankings in the latest UK Legal 500, which was released on 26 September 2013.
Court of Appeal remits the decision to impose a prohibition order on an individual to the Upper Tribunal download
In FCA v David Hobbs, the Court of Appeal decided to remit to the Upper Tribunal the question of whether a prohibition order should be imposed on a trader.
Debevoise & Plimpton has announced that Brandon C Gruner and Le V Lam have been named counsel to the firm effective 1 October 2013.
Conyers has advised TEN on its public offering of up to $50m of 8–7/8 per cent Series C cumulative redeemable perpetual preferred shares.
Conyers Dill & Pearman’s London office has hosted a roundtable discussion on the subject of gender diversity in the boardroom.
DLA Piper has advised WANdisco on a £19m placing, issuing two million shares to capitalise on growth opportunities, especially in ‘big data’.
Walker Morris has acted for Westhouse Securities in connection with the placing and open offer by @UK to raise approximately £5.3m.
DLA Piper partner Victoria Lee has been named by The Recorder on its list of ‘Women Leaders in Tech Law’.
A recent decision by the Supreme Court of New South Wales has highlighted an important limitation to section 560 of the Corporations Act 2001 (Cth).
DLA Piper has appointed former Italian country managing partner Federico Sutti as managing director for Europe and Africa.
The CISX commenced operations on 27 October 1998 with the intention of providing recognised facilities for the listing and trading of a broad range of debt securities.
The Gloucester Coal merger with Yancoal Australia — on which Minter Ellison advised — has been recognised as a deal of the year by China Law & Practice.
Dacheng has acted as the exclusive legal adviser on the launch of a CSRC hotline.
Eversheds has advised polyester-fibre producer Advansa on the sale of assets used in its branded and speciality polyester products businesses to Invista.
Sintons has been recognised by The Legal 500 for its excellence and in-depth expertise across a range of legal disciplines.
After confirming the exit of Hogan Lovells partner Christoph Wagner last week The Lawyer can reveal that he was asked to resign for criticising a major IP client.
DLA Piper has announced that the firm is relocating its Wilmington office to a 23-storey office building at 1201 North Market Street on 30 September.
Slaughter and May and Macfarlanes have pinched the top spots for UK M&A for the year to date, thanks to their work on Verizon Communications’ acquisition of Vodafone’s 45 per cent stake in Verizon Wireless for $130.1bn (£84bn).
Binder Grösswang has advised SIX, a Swiss financial service provider and a subsidiary of the Swiss stock exchange, on the acquisition of PayLife Bank GmbH.
Tax experts in Switzerland now predict that certain Swiss tax regimes will ultimately need to be repealed.
Hogan Lovells has announced that it has launched the implementation of Binding Corporate Rules (BCRs) for the worldwide protection by the firm of personal information.
On 30 September, key changes to the Takeover Code come into effect.
Addleshaw Goddard has advised Hikma Pharmaceuticals plc on a 50–50 joint venture with Sheikh Mohammed Hussein Al Amoudi’s MIDROC Group.
King & Wood Mallesons has advised Gresham Private Equity on the sale of the Tasmanian Walking Company — a hospitality business offering walking experiences in Tasmania.
Allen & Overy has advised Hamburg-based Rickmers Group on setting up a joint venture with funds affiliated with Apollo Global Management LLC.
King & Wood Mallesons has represented China Development Bank on its financing of a more than $100m term loan facility for a wind farm project in Pakistan.
King & Wood Mallesons has represented China Development Bank on closing a €400m term loan facility.
KWM recognised by Asian-Mena Counsel In-House Community Representing Corporate Asia & Middle East Survey 2013
King & Wood Mallesons has been named Firm of the Year 2013 in China across six practice areas.
Andreea Hulub, Alexandra Malea and Vlad Ambrozie of Popovici have contributed a chapter focused on Romania in the seventh edition of The Mergers and Acquisitions Review.
Changes to the directors’ remuneration report requirements for quoted companies come into force this autumn and will apply to annual reports issued prior to the 2014 AGM season.
Jones Day and Sullivan & Cromwell have joined the Paris recruitment bandwagon by picking up partners from Allen & Overy (A&O) and Freshfields Bruckhaus Deringer respectively.
CMS has trumped BT’s real estate panel firms to take on its first real estate deal for BT, advising the telecoms giant on its plans for the UK’s tallest brick clad building in London’s Nine Elms.
Debevoise & Plimpton is advising New York Life Investments in its definitive agreement to acquire full ownership of Dexia Asset Management for €380m (£23m).
The latest edition of The Legal 500 has ranked Mills & Reeve as the fourth best law firm in the UK in terms of the number of top-tier recommendations received.
The Court of Appeal has upheld the judgment in Antonio Gramsci Shipping Corp & Ors v Aivars Lembergs.
The SEC has charged the owner of an investment advisory firm with defrauding investors while exaggerating the amount of assets under his management.
DLA Piper has hired a partner each from Gilbert + Tobin and Ashurst to strengthen its corporate offerings in Sydney.
Chambers has announced that Paul Chaisty QC, Lesley Anderson QC and David Casement QC have been shortlisted in the Queen’s Counsel rankings.
Appleby recently opened its doors to 13 Caymanian students, who had applied to spend time working alongside the law firm’s experts over the summer.
Allen & Overy has advised JP Morgan Securities in connection with the capital increase of MorphoSys, raising gross proceeds of approximately €84m.
Shoosmiths has advised Octopus Investments on its further funding of Calastone, the independent cross-border transaction network for the global funds industry.
Stephenson Harwood has advised the management team at SVG Investment Managers regarding its acquisition by Hansa Aktiengesellschaft.
Hogan Lovells is understood to be losing its entire Berlin office to Morrison Foerster (MoFo), marking the most recent raid on its technology and media team.
Mourant Ozannes has been named International Legal Team of the Year at the STEP Private Client Awards 2013–14.
DLA Piper has announced the appointment of corporate partners Bryan Pointon and David Ryan to its Australian practice, based in the Sydney office.
Corporate and finance lawyers from Walker Morris have advised Finance Yorkshire on a loan with profit participation investment in Chameleon Technology.
Debevoise & Plimpton has advised Verizon Communications in connection with its $49bn (£30bn) bond offering.
As part of its Simplification Series to improve disclosures in IPO cases, the Hong Kong Stock Exchange has issued a new guidance letter on improving application forms for IPOs.
Clyde & Co increased its corporate turnover by a third during 2012/13, with the group generating revenues of £70.7m over the financial year.
After a less than inspiring 2011/12, corporate lawyers had their fingers crossed for economic recovery in 2012/13. However, wishful thinking did not translate into cold, hard cash.
Allen & Overy has advised Schaeffler on the successful placement of around 3.9 per cent of the shares in Continental AG, raising funds of around €950m.
Debevoise advises Clayton, Dubilier & Rice in $2.5bn joint acquisition of Brand Energy and Harsco Infrastructure
Debevoise has advised Clayton, Dubilier & Rice in the $2.5bn joint acquisition of Brand Energy and Harsco Infrastructure.
Debevoise advises HarbourVest Partners in Nova Capital’s acquisition of business from Newell Rubbermaid
Debevoise & Plimpton has advised HarbourVest Partners in Nova Capital’s acquisition of a portfolio of businesses within Newell Rubbermaid Hardware group in North America.
The 2013 edition of the Legal 500 Latin America directory has recommended Pillsbury’s corporate and M&A practice.
DLA Piper has represented Clearlake Capital Group LP in its purchase of the Futuris Automotive business from Elders Ltd.
Darryl Steinhause, a San Diego-based partner in DLA Piper’s corporate and real-estate capital markets practices, has been named as one of the ‘Top 100 Lawyers in California’ by the Daily Journal.
Brown Rudnick has expanded in London with partner hires into the corporate and white collar crime groups.
Winckworth Sherwood has appointed new partner Xuan Pollard to its corporate and commercial team.
Clifford Chance, Sullivan & Cromwell and Freshfields Bruckhaus Deringer have taken lead roles on Barclays’ bumper £5.8bn rights issue – the world’s largest rights issue by a bank since 2009.
Clifford Chance is boosting its Munich office with the relocation of a two-partner team to expand its advisory capabilities.
Manchester firm Gunnercooke has expanded its London base with the addition of four partners hires following a recruitment drive in the City.
Appleby has acted as Bermuda counsel to Tsit Wing International on a mandatory cash offer by Hero Valour Ltd worth an approximate total of S$65.48m.
With flourishing China-Africa relations, Chinese outbound foreign direct investment in Africa is expected to soar.
The subscription finance market is thriving. This is not surprising as it has experienced few defaults historically, and is therefore attractive to lenders.
The Security Interests (Jersey) Law 2012 is set to see a phased implementation and promises to revolutionise the methods for taking and enforcing security in Jersey.
Conyers has provided Cayman Islands advice to Hony Capital Fund V LP and New Good Management Ltd on a $495m (£311m) privatisation.
Conyers Dill & Pearman has announced its 2013 legal scholarship and bursary recipients.
Different jurisdictions are striving for the right balance in the regulatory frameworks governing equity-based compensation arrangements.
Stamp Duty Land Tax and group relief download
HMRC recently clarified how it applies the anti-avoidance rule in the context of intra-group asset transfers following corporate acquisitions.
Italian firm Labruna Mazziotti Segni has been hit by the news that three partners, including two founders, are quitting the firm with a team of lawyers in the New Year.
Lobbying in Poland download
Words such as lobbying and lobbyist are still very often associated with the black economy for many civil servants and business people in Poland.
No duty to avoid tax. No kidding download
The Tax Justice Network has received a legal opinion from Farrer & Co. It basically concludes that there is no positive duty on directors to avoid tax.
DLA Piper has commented on the release by the Corporate Venture & Innovation Initiative (CVI2) of the CVI2-Thelander 2013 CVC Compensation Report.
Another former Berwin Leighton Paisner (BLP) big-hitter has arrived at a rival firm, with the former Managed Legal Services head Patrick Somers joining DLA Piper today.
Footie and telecoms dominate our regular round-up of recent M&A activity, as the threat of rising interest rates kick-started activity among organisations.
Outer Temple Chambers barristers Gerard McDermott QC and Richard Lissack QC have been shortlisted for The Chambers 100 — the Bar.
David H Schnabel, a tax partner at Debevoise & Plimpton, is to assume the chairmanship of the New York State Bar Association’s (NYSBA’s) Tax Section.
The Department for Transport (DfT) has named former Burges Salmon transport head Nick Olley as general counsel.
Wilson Sonsini Goodrich & Rosati, the former firm of Twitter general counsel Vijaya Gadde and former legal chief Alexander Macgillivray, has been pegged as Twitter’s main legal adviser after the site yesterday tweeted its intent to submit for an IPO.
Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May will continue to advise on the IPO of state-owned Royal Mail as the UK government agrees to privatise Britain’s postal service “within weeks.”
Eversheds has secured two lateral hires from DLA Piper in Birmingham, including corporate and office managing partner Mark Beardmore.
Stephen Goff and Matthew Jacobs, litigation partners in DLA Piper’s Sacramento office, have been named in the Sacramento Business Journal’s 2013 Best of the Bar list.
DLA Piper has announced that Angela Crawford, partner in the firm’s Tampa office, has been named to Profiles in Diversity Journal’s 2013 list of Women Worth Watching.
Robert Dobbyn, an associate at Ogier, has been listed in Private Client Practitioner’s Top 35 Under 35.
Mergers can boost profitability, but only if the negotiating teams stay calm and stick to the plan
Allen & Overy has advised GlaxoSmithKline on the sale of drinks brands Lucozade and Ribena to Suntory Beverage and Food Ltd for £1.35bn.
DPAs are expected to be available for use by the Serious Fraud Office and the Crown Prosecution Service in February 2014.
A former Slaughter and May partner has been named general counsel for the newly-established Competition and Markets Authority (CMA), while the former executive director of the Office of Fair Trading (OFT), Sonya Branch, will become director of enforcement.
The regime for the buyback of own shares changed on 30 April 2013, which could provide a warehousing opportunity for private equity-backed companies.
Appleby has expanded its corporate finance practice in the Cayman Islands with the appointment of Dylan Wiltermuth.
Baker & McKenzie has hired the head of McDermott Will & Emery’s European M&A practice Mats Sacklén in an effort to bridge the corporate divide between London and Stockholm.
India's new company law regime download
On 30 August 2013, India enacted the Companies Act 2013, which has replaced the Companies Act 1956.
Corporate lawyers from Walker Morris have advised leading home shopping brand Damartex on its acquisition of Coopers of Stortford for a headline enterprise value of £25m.
It is important for Chinese investors to understand and comply with German laws and regulations, including those related to product safety.
Maria Papaconstantinou completed her legal training and was first in her class of trainees at the Cyprus Bar Association examinations.
Appleby has acted as BVI, Isle of Man and Jersey counsel for the Nan Fung Group in relation to its investment in Chinese developer the Forterra Trust.
In its latest Offshore-I report, Appleby has revealed a positive offshore market outlook with business confidence stabilising after several volatile years.
Taylor Wessing has been shortlisted for Law Firm of the Year — Deal Structuring at the upcoming Unquote British Private Equity Awards 2013.
For many public companies, significant efforts will be dedicated over the next few months to the company’s AGM.
Mills & Reeve has been appointed as the main external legal adviser to the London School of Hygiene & Tropical Medicine.
Hogan Lovells has advised the trustees of KPP on the settlement of its claims against EKC and Kodak Ltd.
When placing consumer products on the German market, various product safety standards have to be met.
Rich Davis has joined DLA Piper’s corporate and finance practice as a partner in the Washington DC office.
Shoosmiths has made 18 associate promotions for 2013.
Corporate specialists at Shoosmiths have advised Provexis, the sports nutrition and life science group, on the demerger of its Science in Sport division.
Corporate lawyers from Walker Morris have advised Xercise4Less on a £5m investment from BGF.
McCann FitzGerald has picked up a corporate partner from rival Arthur Cox in a rare lateral hire between two of Ireland’s biggest firms.
Portuguese firm Vieira de Almeida & Associados (VdA) has appointed Linklaters’ former local managing partner Jorge Bleck as a partner and head of M&A and corporate finance.
Baker & McKenzie corporate partner James Reed has joined DAC Beachcroft’s company and commercial team in Bristol.
Slaughter and May and Linklaters have extended their lead at the top of the FTSE 100 client rankings for the second quarter of 2013, despite little movement in the market.
A cross-practice team from Pillsbury has advised Atlas Copco in its agreement to purchase Edwards Group.
Ince & Co has released its latest update on UK anti-corruption measures.
Allen & Overy has announced its support of the 40th annual Fordham conference on international antitrust law and policy.
DLA Piper has advised the Central Works Council of bank ABN AMRO.
ASX proposes updates to their corporate governance principles and recommendations, and listing rules download
ASX last week released two consultation papers in relation to its corporate governance regime. The first outlines proposed updates to the ASX Corporate Governance Principles & Recommendations.
Appleby has acted as Bermuda and British Virgin Islands counsel for FMO on its participation in a syndicated loan of $90m to China Singyes Solar Technologies Holdings.
Hengeler Mueller and Sullivan & Cromwell are leading the legal advice on the proposed €1.75bn (£1.5bn) acquisition of listed German landlord GSW by rival Deutsche Wohnen.
Delaware Court of Chancery — no fiduciary breach, although directors engaged in unfair process: four key takeaways download
While management and preferred stockholders of Trados, Inc. received all of the merger consideration in an end-stage transaction and the common stockholders received nothing, the transaction was still found ‘entirely fair’.
Conyers Dill & Pearman has provided Bermuda legal advice to Third Point Reinsurance Ltd.
The regulatory regime on Foreign Direct Investment (FDI) in retail trading in India has seen multiple reforms over the last year.
Allen & Overy has advised BNP Paribas, Citigroup, Crédit Agricole CIB and HSBC as joint lead managers in connection with the issue by AXA of $850m undated subordinated notes.
Allen & Overy advises Borealis in relation to firm offer to acquire Total SA fertiliser business units
Allen & Overy has advised Borealis in relation to its firm offer to acquire fertiliser business units of Total SA.
Mills & Reeve have been appointed to work with Joining Jack, a national charity dedicated to finding effective treatments for muscular dystrophy, one of the most common fatal genetic disorders to affect children.
Walker Morris will be attending and exhibiting at the 2013 APSE annual seminar and exhibition at St George’s Hall, Liverpool, on 4–5 September 2013.
Stephenson Harwood, Macfarlanes, CMS and Hogan Lovells have won roles on Baker Tilly’s acquisition of debt-laden accountancy firm RSM Tenon Group.
Ogier’s Sally Edwards and Fiona Barrie have been included in Citywealth’s IFC Power Women Top 100.
Dickson Minto is understood to be advising long term client BC Partners on the flotation of estate agency Foxtons, which is expected to raise as much as £400m.
Despite the apparent sidelining of the draft Personal Data Protection Law, China has been very busy stepping up the battle against the abuse of personal data.
Addleshaw Goddard has released the July 2013 edition of its Employee Incentives Update. The update contains a round-up of developments in this area during July.
Bryan Cave has hired Dentons partner Dan Larkin as a transactional partner in London.
What you need to know about the proposed new edition of ASX’s ‘Corporate Governance Principles and Recommendations’ and associated changes to ASX Listing Rules download
ASX is consulting on a two-staged update to its corporate governance policies. Two consultation papers have been released, with the consultation period for both closing on 15 November 2013.
Hogan Lovells is set to host Ladder to Law for the third year running. The programme will include work experience with Vodafone’s in-house legal team.
New Perimeter, DLA Piper’s nonprofit affiliate dedicated exclusively to global pro bono work, recently helped complete a first-of-its-kind clinical legal education workshop in Myanmar.
Eric Geppert and Jeremy Lustman, partners in DLA Piper’s corporate and securities practice, have been named in National Law Journal’s ‘DC Deal Makers of the Year’ report.
Jane Hider, a partner at DLA Piper, has been awarded best lawyer in the transport and logistics category at the 2013 Euromoney LMG Australasia Women in Business Law Awards.
Ogier has advised OMERS Private Equity (OPE) on behalf of certain clients (AIMCo) on its successful bid for Vue Entertainment.
Keystone Law has been approved as an alternative business structure (ABS) by the Solicitors Regulation Authority and will convert to the new status on the 21 October 2013.
Proposed changes to the Employer Debt Regulations risk missing opportunity to facilitate corporate restructurings download
The Employer Debt Regulations provide the detail about debts that become due from employers that exit from underfunded defined-benefit pension schemes.
In May 2013, the Cabinet Office published a short procurement policy note called ‘Procurement for growth: a recipe for success’.
The Information Commissioner’s Office has issued guidance on how regulation 43 of the Public Contracts Regulations 2006 interplays with the exemptions and exceptions in the Freedom of Information Act 2000.
A recent case from the European Court of Justice warns that contracts between public authorities are not exempt from the procurement rules.
The suite of new Procurement Directives dealing with public contracts and utilities and concessions is the subject of increasing activity in Brussels as the process of enactment gathers momentum.
Sintons has been shortlisted in two categories of the Insider North East Dealmaker Awards.
A cross-practice team at Ogier in Jersey and Guernsey has been formalised to create Ogier Local Legal Services.
The August 2013 issue of DLA Piper’s Asia: Corporate Newsletter is available now.
Last week’s announcement that the US Justice Department has charged a company with criminal insider trading has left the global hedge fund and banking industry reeling.
Addleshaw Goddard has advised Practice Plan Group on its acquisition by Wesleyan Assurance Society for an undisclosed sum.
Addleshaw Goddard has launched a legal apprenticeship scheme within its transaction services team.
DLA Piper has announced that Karen Nelson has joined the firm’s national healthcare enforcement and compliance practice as of-counsel in the Austin office.
King & Wood Mallesons has acted on Domino’s Pizza’s expansion into the Japanese market.
DLA Piper has advised Better Capital PCC Ltd on its firm placing and open offer raising £185.6m for further investments.
DLA Piper has advised the Bank of Moscow Group with regard to sale of its subsidiary bank in Ukraine, BM Bank, to Smart Holding.
Conyers Dill & Pearman advises NetDragon and 91 Wireless on $1.9bn takeover by Baidu.
A global focus on reforming the over-the-counter (OTC) derivative market stems from the recent global financial crisis and involves regulators committed to the same objectives.
Allen & Overy has advised on the landmark creation of the Abu Dhabi Global Market.
Cleary Gottlieb Steen & Hamilton has taken the lead role for private equity house CVC Capital Partners as it finalises its acquisition of the European activities of the Campbell Soup company.
Pillsbury’s Thomas Shoesmith has participated in a roundtable discussion on the status of global mergers and acquisitions work.
Addleshaw Goddard announces plans to increase its capability in Hong Kong.
Taylor Wessing has relaunched its shipping practice.
Takeover Code amendments — profit forecasts, quantified financial benefits statements and material changes in information download
The Code Committee of the Takeover Panel has published amendments to the Takeover Code to provide clarity to ‘offerors’ and ‘offerees’.
Brazil's new anti-corruption law download
Until recently, Brazil’s anti-corruption statute only imposed liability on natural persons and lacked the element of corporate liability.
Following the first set of amendments to the Russian Civil Code, the second and third sets of amendments to the Civil Code have now also been signed into law.
It will be interesting to see what effect the latest changes to the UK Takeover Code have on takeovers.
Starting an airline requires entrepreneurs with drive, motivation and vision to turn the idea into a viable reality.
We live in an environment where new allegations of fraud arise daily or where the press announces that fraudsters are using new technologies to ‘clone, phish, spoof or pharm’.
Taylor Wessing has acted for a bank on transactions including the financing of the acquisition and refinancing of two bulk carriers by a shipping company.
Taylor Wessing has advised a ship financing bank that is helping an issuing house to incorporate several ships from a closed fund into a new company.
Employee and executive incentives — an overview of incentive arrangements in Russia and the CIS download
The world of executive remuneration and the combination of cash and share-based incentives is ever under the spotlight.
New Luxembourg limited partnerships download
In July 2013, Luxembourg legislation came into force specifically tailored to the needs of private-equity/real-estate investment managers.
Contractual representations and warranties are often referred to as ‘reps and warranties’. The differences between the two concepts are often forgotten, but the distinction is important.
With effect from 30 September 2013, the Takeover Code will widen the categories of companies it regulates partially removing the residency test for some companies.
Ogier Fiduciary Services announces director promotions for Ian Rumens and Stephanie Rose.
King & Wood Mallesons has advised RCR Tomlinson on its $140m acquisition of Norfolk Group by way of scheme of arrangement.
The president of Brazil has signed into law a piece of anti-corruption legislation that will force those doing business in the country to make changes to the way they do so.
Pinsent Masons has retained its lead at the top of the most recent Aim rankings, with an increase of seven clients since the last quarter of 2012.
Allen & Overy LLP has appointed real estate specialist Jochen Scheel as a partner in its Frankfurt office.
Ogier has assisted Orsu Metals Corporation with the British Virgin Islands elements of a subscription for shares and warrants in Orsu by Gold Fields Exploration BV.
King & Wood Mallesons has advised Molybdenum Co Ltd (CMOC) on its acquisition of Rio Tinto’s 80 per cent interest in the Northparkes underground copper mine.
DLA Piper has advised Conviviality Retail on its initial public offering to realise a market capitalisation of £66.7m on admission on AIM.
The Court of Appeal has confirmed that the principle of open justice is paramount to the administration of justice in the courts of England and Wales.
Sullivan & Cromwell and Dillon Eustace have taken the lead roles for US pharmaceutical company Perrigo as it acquires Irish-headquartered biotechnology company Elan.
When disputes escalate to court proceedings, it is not uncommon for the Statements of Case to contain pointed allegations of misconduct or impropriety.
Goodman Derrick has advised the shareholders of CCL Vehicle Rentals Ltd in respect of the sale of the company (for an undisclosed amount) to multinational car rental company Hertz.
Goodman Derrick has advised OMG plc in relation to its placing and open offer, raising a total of £9m, and in respect of its acquisition of Mayrise Limited, a company providing highways and management software products.
DLA Piper Weiss-Tessbach has advised Columbus McKinnon on the acquisition of Hebetechnik Gesellschaft.
Conyers Dill & Pearman has acted as Cayman Islands counsel to Stryker Corporation.
On the Register — H2 2012 download
Appleby has released the second edition of On the Register, a report that provides data and insight about company incorporation activity in offshore jurisdictions.
Appleby has advised Rex International Holding Ltd on its listing on the Catalist on the Singapore Exchange Securities Trading Ltd.
Financial support directions are orders from the Pensions Regulator to other members of a corporate group to stand behind the obligations of a service company or under-resourced employer.
With fresh economic concerns denting confidence and an eruption of political protest in the Middle East and Latin America, it is hardly surprising that deal markets remain quiet.
Conyers’ London and Bermuda teams have advised the Randall & Quilter Group as to Bermuda law on its corporate restructuring.
King & Wood Mallesons has advised PICC Property and Casualty Company Ltd on its domestic share H placement.
The July 2013 issue of DLA Piper’s Technology and Sourcing News (UK) publication is available now.
The Quoted Companies Alliance represents small to mid-size quoted companies, including companies with a standard listing on the Main Market of the London Stock Exchange and AIM companies.
In essence, this is the principle that a company has a separate legal personality from its members.
The draft bill will reduce the regulatory burden on the notification requirements that apply when an auditor resigns, is removed from office or is not reappointed.
Sponsors of global stock plans must navigate a host of legal and tax regimes to maintain compliance with applicable rules and laws.
French firm Darrois Villey Maillot Brochier, Benelux firms De Brauw Blackstone Westbroek and Nauta Dutilh, and US outifts Latham & Watkins and Wachtell Lipton Rosen & Katz have scooped the lead roles on the world’s biggest advertising merger.
DLA Piper wins the M&A Advisor Healthcare/Life Sciences Deal of the Year (under $250m) award.
DLA Piper has signed a letter of intent with Hines Interests to relocate its Chicago office from 203N LaSalle to River Point.
Like the UK economy, this quarter’s Technology Barometer is looking increasingly optimistic as we progress through 2013.
Hogan Lovells has advised Bilfinger Berger Global Infrastructure SICAV on its successful placing, open offer and offer for subscription raising £85m.
Mills & Reeve has advised Sepura on its acquisition of Portalify.
On 16 March 2013, a law based on the EU Directive on Combating Late Payment in Commercial Transactions (2011/7/EU) came into force in Austria.
Allen & Overy corporate partner Seth Jones will be seconded to the Takeover Panel as secretary for two years with effect from 2 September 2013.
Conyers Dill & Pearman has advised Star Energy Geothermal on the issue of $350m senior secured notes.
Conyers Dill & Pearman has acted as Cayman counsel on the $688m privatisation of 7 Days Group Holdings by way of merger.
The Paris offices of Freshfields Bruckhaus Deringer and Gibson Dunn have picked up the lead roles on Etisalat’s proposed €4.2bn acquisition of Vivendi’s stake in Maroc Telecom.
Update: employee ownership download
Employee ownership is a topic that remains high on the government’s agenda.
Clifford Chance advised longstanding client Abertis on the sale of Belfast International and Stockholm Stavsta airports to ADC & HAS Airports Worldwide.
Kieran Toal has been appointed as a partner in Shoosmiths’ corporate team in Manchester.
Hogan Lovells will be opening an office in Luxembourg on 1 August as part of its strategy to continue to grow its funds and tax practices.
On 11 May 2013, SAFE released the Provisions on Foreign Exchange Administration of Inbound Direct Investment by Foreign Investors.
Legal fees on UK public M&A are dwarfed by those paid to investment bankers on the same deals, with lawyers billing up to 70 per cent less on takeovers during the first half of 2013, according to research by The Lawyer.
Maree Martin has relocated to Conyers Dill & Pearman’s Singapore office to further support its Cayman Islands legal practice.
Addleshaw Goddard has accelerated its investment in its London energy offering with two new partner appointments.
Corporate lawyers from Walker Morris have advised AIM-quoted Avacta Group on its equity placing to raise £4.7m.
DLA Piper has announced that Paul A Tiburzi, managing partner of the firm’s Baltimore office and chair of the State Legislative and Public Policy practice, has been selected to receive the ’2013 Most Admired CEO Award’ by The Daily Record.
DLA Piper has advised an infrastructure investment fund managed by BTG Pactual on the central ‘take or pay’ contract that is part of the acquisition of the Globenet submarine cable network.
Bankers stand head and shoulders above lawyers in the M&A fee stakes but growing deal complexity means the gap is closing
Legal fees on public M&A in the UK fell to just £26.1m in the first six months of 2013 after a relatively buoyant 2012, according to research by The Lawyer.
Jobs keeping offshore lawyers busy in the past quarter have ranged from financings through IPOs and acquisitions to insolvency proceedings
To become a senior partner, you need to be a highly skilled politician who appears to shun politics
Legal risks for non-US corporates download
Every term, the US Supreme Court hears a handful of cases that present distinct legal risks for non-US corporates.
MOLITOR has been ranked in the third edition of Best Lawyers Luxembourg for its expertise in litigation and corporate matters.
King & Wood Mallesons is advising Ironbridge Capital on its acquisition of Bravura Solutions.
Sean Wright, a corporate partner at Shoosmiths, has been ranked in The Chambers 100 — a list of the best 100 business lawyers in the UK.
VTB Capital: Supreme Court decision download
The Supreme Court has decided that contractual liabilities of a corporation cannot be attributed to its controller by means of ‘piercing the corporate veil’.
More clarity but no more finality on ‘piercing the corporate veil’ — Prest v Petrodel Corp  UKSC 34.
Anthony Ashton, a partner in the DLA Piper’s Baltimore office, has been recognised by the NAACP with the Champions of Justice award.
In early June 2013, HMRC launched a consultation on modernising the way in which the UK taxes corporate debt and derivatives.
The law of 12 July 2013 transposing the AIFMD introduces changes in Luxembourg corporate law and in particular in the partnerships’ regime.
Hogan Lovells is advising on the reorganisation and privatisation of TRAINOSE.
Hogan Lovells has performed strongly in a number of its key regions and markets in the H1 2012 M&A league tables.
Appleby has acted as Cayman Islands and BVI counsel on the listing of New Century REIT on the Hong Kong Stock Exchange.
Conyers has advised Mohamed Al-Fayed on the Bermuda law aspects of the sale of Fulham Football Club.
Appleby has acted as Cayman Islands counsel for China Aluminum Cans Holdings Ltd in relation to its listing on the Main Board of the Hong Kong Stock Exchange.
Addleshaw Goddard’s commercial and corporate teams have advised Sainsbury’s on the creation of Mobile by Sainsbury’s.
Corporate lawyers at Walker Morris have advised the management team on its buy-out of Buoyant Holdings.
Companies are increasingly using social media to communicate and connect with consumers, employees, recruits, business partners, investors and other constituents.
Outer Temple Chambers’ banking and business practice has a growing reputation as a strong and reliable source of commercial advice.
During 2012, use of corporate blogging, Facebook and Twitter among Fortune 500 companies increased.
As a (very) general rule, debts and claims rank equally in a company winding up. One of the exceptions to this rule applies where the company being wound up is an insurer.
The Personal Liability for Corporate Fault Reform Act 2012 (Cth) commenced on 11 December 2012.
DLA Piper has released the July 2013 edition of its Asia: Corporate newsletter.
DLA Piper has advised Naylor Industries on two recent acquisition transactions.
Whether you are a long-established business, an entrepreneur or investor looking for the next opportunity, or just starting up, our expert team is here to help.
The High Court has overturned a Victorian Court of Appeal judgment concerning section 1041A of the Corporations Act 2001 (Cth) and has re-affirmed the purpose test in determining an ‘artificial price’.
King & Wood Mallesons has advised Weichai Power in exercising its call options to increase its equity stake in KION after listing to accelerate its globalisation strategy.
DLA Piper has advised Lloyds Development Capital on its MBO of Angus Fire.
Allen & Overy is advising the Dai-ichi Life Insurance Company on its IDR3.3tn acquisition of a 40 per cent stake in PT Panin Life of Indonesia.
The UK remained the most attractive market for buyers after the US according to Allen & Overy’s latest M&A Index.
The AFEP and the MEDEF published a revised version of the corporate governance code for listed companies on 16 June 2013.
Ogier in Jersey has advised a syndicate of lenders in connection with a $17bn revolving credit facility for Glencore Xstrata.
Chevalier & Sciales corporate and tax practice offers a full range of services for our clients’ transactional and business needs.
DLA Piper has advised Syngenta on the acquisition of MRI.
Hogan Lovells has announced that Michael Gilligan has joined the law firm’s corporate practice as a partner in the New York office.
Hogan Lovells presents the first edition of its joint publication with Jakarta-based Hermawan Juniarto, entitled Doing Business in Indonesia.
The purpose of this note is to give new directors of UK companies an introduction to the main duties that they owe to their company under the Companies Act 2006.
The provisions in the Companies Act 2006 relating to directors’ conflicts of interests and their disclosure came into force on 1 October 2008.
The FRC has announced proposals to develop its guidance on going concern.
Corporate governance round-up download
There have been a number of corporate governance developments since Hogan Lovells’ last newsletter.
DAC Beachcroft has announced a formal association with São Paulo-based corporate and commercial firm, Wongtschowski & Zanotta (W&Z) today.
M&A expertise is central to our practice.
We are recognised for our vast corporate and commercial expertise.
Hogan Lovells has advised Saft in relation to the sale of its SNB activity to Active’Invest.
Allen & Overy is advising BTMU on its VTO for commercial bank Krungsri.
Latham & Watkins and Slaughter and May have taken the lead roles on Carlyle Group’s acquisition of global packaging supplier Chesapeake, marking Latham’s first deal for the trophy private equity client since hiring relationship partner David Walker from Clifford Chance earlier this year.
An interesting paper put out recently by Laura Empson, professor at Cass Business School is doing the rounds. It focuses on the ambiguities of law firm leadership.
From formation and financing to acquisition and divestiture, organisations at every stage of growth look to Pillsbury’s corporate and transactional lawyers for guidance.
The government has finalised its revised remuneration reporting regulations for directors in quoted companies.
Capital Markets newsletter download
Hogan Lovells has released the latest edition of its Capital Markets newsletter.
Ogier has acted as BGS’s BVI counsel.
Pillsbury’s business practices advise emerging, middle-market, institutional and multinational clients on all types of corporate, securities, finance and intellectual property transactions.
Ogier has advised Cazenove Capital Holdings Ltd on its £424m recommended takeover by Schroders plc.
Slaughter and May has been appointed to advise the Treasury on the break-up of the Royal Bank of Scotland (RBS) following a competitive pitch process.
Clifford Chance regional corporate head Guy Norman is to return to London after a three-year stint in Dubai.
Shearman & Sterling and Slaughter and May have won roles on Nokia’s €1.7bn (£1.5bn) acquisition of Siemens’ 50 per cent stake in Nokia Siemens Networks (NSN).
Shoosmiths’ national corporate team has again been named ‘Law Firm of the Year’ at this year’s M&A Awards.
Goodman Derrick has announced that Joanna Higton has joined the firm as a partner in the corporate group.
The wave of recent enforcement actions against LIBOR-submitting banks has brought with it a destabilising undertow of new realities.
Applications under the Civil Procedure Rules for extensions of time will be scrutinised more rigorously by the court following the amendment to the overriding objective in April 2013.
Companies would be well advised to make sure they’re prepared for shareholder activism.
Michael Hornstein has joined DLA Piper’s corporate and finance practice as a partner in the Washington DC office.
Clifford Chance and Allen & Overy (A&O) have advised on a state-backed merger between property companies Sorouh and Aldar One, to create Abu Dhabi’s largest real estate developer.
Slaughter and May is developing its natural resources focus, cultivating links with clients looking to that new kingdom of hope – Africa. By Joshua Freedman
Squire Sanders has announced the hire of a London corporate partner from US firm Dorsey & Whitney a week after boosting its private equity practice in Russia.
Keeping property within company structures fails to protect husband from divorced wife's claims download
The Supreme Court has ruled that a wife could recover real-estate assets that were held by companies controlled by her former husband, rather than in his name.
Allen & Overy has advised Sberbank of Russia and VTB Capital as arrangers and lenders under a $1.7bn public-to-private acquisition financing facility.
Three Allen & Overy Greater China partners are set to present at the ICC in Paris.
The European Commission has just published a consultation entitled ‘Towards more effective EU merger control’.
Ogier Corporate Services has won the ICSA Jersey Administration Team of the Year award.
Effective risk management is an integral part of ensuring compliance across many aspects of regulatory law.
King & Wood Mallesons has promoted four lawyers in Sydney and Perth.
Corruption has a detrimental effect on any economy. It creates unfair advantages, anti-competitive practices and a generally unfavorable business environment.
Are deferred prosecution agreements justified on cost savings alone?
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters are among at least eight law firms advising on the high-profile bidding to take Eurasian Natural Resources Corporation (ENRC) private.
Members of the CMS network and Loyens & Loeff have won roles advising on the first major continental European acquisition by Hong Kong billionaire Li Ka-Shing’s Cheung Kong Group.
Hogan Lovells advises UBS and Standard Chartered Bank.
DLA Piper has won five awards at the Euromoney Legal Media Group’s European Women in Business Law Awards.
Debevoise & Plimpton and Hogan Lovells have advised on a $64bn (£41.7bn) joint venture between a US financial services provider and Henderson Global Investors.
The first half of 2013 has seen private equity sponsors and corporate borrowers continue to look to the corporate bond and debt capital markets.
Ogier has advised Cinven and Partnership Assurance on Partnership’s listing on the London Stock Exchange.
Linklaters and German firm Hengeler Mueller have advised on Vodafone’s €7.7bn (£6.6bn) takeover of Kabel Deutschland.
Who are the top private equity lawyers rated by clients and lawyers, and what are the secrets of their mysterious art? The Lawyer can reveal all
Clifford Chance has selected Frankfurt partner Oliver Felsenstein as the new global head of its private equity practice following the exit of David Walker to Latham & Watkins.
Hogan Lovells’ M&A practice has been awarded a Tier-1 ranking for M&A: large deals ($1bn-5bn) by Legal 500.
Allen & Overy is advising the export credit agencies and commercial lenders on the $5bn financing of the Nghi Son Refinery and Petrochemical (NSRP) project in Vietnam.
Addleshaw Goddard, Eversheds, Hogan Lovells and Travers Smith have advised on Phoenix Equity Partners’ £50m investment in low-cost gym operator The Gym.
Addleshaw Goddard, Freshfields Bruckhaus Deringer and White & Case have played roles in Chinese property developer Wanda Group’s first two major investments in the UK.
Our Corporate and Commercial teams ensure that our clients have round-the-clock access to our legal providers.
Field Fisher Waterhouse (FFW) has ratcheted up its City partner recruitment by hiring three lawyers from a trio of firms covering corporate, finance and tax.
Goodman Derrick has acted for Chime Communications on its acquisition of People Marketing UK and WARL Group.
Corporate Tax: Turkey download
Selen Ibrahimoglu Güres and Selman Koç from Cerrahoglu review corporate taxation policy in Turkey,
Allen & Overy is advising the Co-operative Group and the Co-operative Bank on the plan announced on 17 June to generate capital for the bank and provide stability.
Walker Morris has advised Cott Developments on its acquisition of Calypso Soft Drinks.
DWF is to take a team from DLA Piper following the latter’s wide-reaching restructuring, with a three-person corporate team in Edinburgh resigning to join the expansive firm.
Video: roundtable discusses emerging markets, jurisdictions, structures, investor sentiment and the future for private equity video
Partners from The Lawyer Awards Funds Team of the Year shortlisted firms discuss key issues facing the sector.
DLA Piper has released its Asia: Corporate Newsletter for June 2013.
Addleshaw Goddard’s corporate finance team in Manchester has advised 2ergo on its £3.1m placing of shares.
Corporate specialists at Shoosmiths have advised Learndirect on two linked acquisitions of training businesses.
NCTM has advised Arcadia Small Cap in the acquisition of an 80 per cent stake in VSP Bulloneria.
Nabarro is advising existing client Numis Securities on a £25.5m placing to raise additional capital for AIM-traded Retroscreen Virology.
Hogan Lovells has advised the mandated lead arrangers on the acquisition of The Gym.
Hogan Lovells has advised Valneva on a €40m capital increase.
King & Wood Mallesons has appointed corporate partner Tim Bednall as managing partner.
Conyers has advised the Milestone Aviation Group on a series of debt facilities totalling $400m.
Conyers Dill & Pearman has acted as Cayman counsel on the privatisation of 3SBio Inc.
A team from Shoosmiths has won the Legal Advisers of the Year – Transactional category at the Healthinvestor Awards 2013.
Hogan Lovells has advised ID Logistics on its acquisition of CEPL.
Addleshaw Goddard has advised Britvic on its agreement with the Narang Group for the sale and distribution of its Fruit Shoot drink in India.
A panel of government enforcement experts will discuss compliance programmes during a live webcast on 18 June 2013.
Who’s in on all the big deals in the region? Read on…
Claire McConway has relocated from Conyers Dill & Pearman’s Moscow office to its London office.
Mills & Reeve discusses the Petrodel Resources v Prest judgment.
Dechert has recruited a duo of lawyers from Orrick Rambaud Martel, including partner Matthieu Grollemund, to boost its corporate team in Paris.
Conyers has advised Concordia with respect to the acquisition of its investment funds business operations by Mariner
Hogan Lovells has been recommended by the Legal 500 US 2013 edition in 35 practice areas, including seven rankings in the Tier-1 category.
King & Wood Mallesons has acted on ASX Ltd’s approximately $553m PAITREO.
Winckworth Sherwood has strengthened its corporate and commercial team with the appointment of a partner and an associate.
DLA Piper has advised Rolta India Ltd on the first Rule 144A/Regulation S high-yield bond offering from India.
Conyers Dill & Pearman has advised Yahoo Inc in a $7.6bn share repurchase.
Conyers Dill & Pearman has advised on the $3.7bn privatisation of Focus Media Holding Ltd by way of merger.
Conyers Dill & Pearman has advised Fantasia Holdings Group, and its BVI and Cayman subsidiaries, on the issuance of senior notes by Fantasia Holdings Group.
Allen & Overy’s Human Rights Working Group has published the second issue of the Business and Human Rights Review.
On 6 June 2013, the ECJ shot down an Austrian law that made access to documents on a court’s cartel file almost impossible for third-party damages claimants.
Paul Hastings’ London office has taken an advisory role for the corporate finance group behind a plan to distribute shares in RBS and Lloyds Banking Group to the public as part of the banks’ planned privatisations.
The opening up of China’s telecommunications industry has failed to match the expectations of foreign investors going into WTO.
Shoosmiths’ Shaun McCabe has acted as part of a team of experts advising on NorthEdge Capital’s acquisition of a majority stake in Jigsaw24.
Companies offering UK-based employees rights in the company’s stock should be aware that these employees may have reporting obligations to the UK tax authorities.
Newsletter on business affairs in Bermuda, covering private equity, Islamic finance and the rise of the insurance-linked securities market.
Guide to cell companies in Jersey download
This Guide explains the concept of the cell company which culminated in the inclusion of the Companies (Amendment No. 8) (Jersey) Law 2005 of Part 18D of the Companies (Jersey) Law 1991.
Many institutional investors are constrained by their internal investment policies or by regulation to investing in securities which are listed, or to limit their exposure to investments that are not listed, on stock exchanges recognized for the purposes of such restrictions.
Guide to listing on Trop-X download
The first Seychelles Securities Exchange was launched at the end of November 2012 and will provide facilities for the listing and trading of securities issued by companies and investment entities.
Appleby’s review of the key decisions on matters of civil procedure and remedies handed down in the leading offshore jurisdictions during 2012.
Allen & Overy (A&O), Ashurst, Debevoise & Plimpton and Skadden Arps Slate Meagher & Flom have advised on the sale of cinema operator Vue Entertainment
Linklaters and Kerman & Co are the big winners in the latest quarter’s rankings of law firms by number of listed clients, with the former’s FTSE 100 client count jumping by four to put it ahead of Freshfields Bruckhaus Deringer.
There has been a growing appetite in the UK for increased transparency and accountability in the investigation and prosecution of corporate financial crime for some time.
Walker Morris has advised Meridian Motor Group on its acquisition of four West Midlands dealerships from the Synter Motor Group.
A recent High Court decision confirms that it is not possible for a breach of contract to be repudiatory in a partnership context, even where the partnership consists of only two partners.
Binding corporate rules for processors were approved for use in January 2013. Guidance on their use has now been published.
Hayden Isbister joins Mourant Ozannes as a partner in the law firm’s Cayman Islands corporate practice.
DLA Piper and NCTM are legal advisers in the acquisition of Inver Group, from the Domenichini family, by the Valspar Corporation, a manufacturer of paints and coatings.
Al Tamimi was named Middle East Law Firm of the Year for the second consecutive year at the Corporate Counsel Middle East Awards 2013.
The corporate veil principle download
A lawfully incorporated company has a legal personality and identity that is separate from its directors or shareholders and is a separate legal entity, vested of separate legal rights and liabilities.
Eversheds has seen a further exit from its partnership with equity capital markets (ECM) head Neil Matthews leaving to join Field Fisher Waterhouse (FFW).
Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May have taken key advisory roles on the IPO of state-owned Royal Mail, described as the largest UK privatisation for decades.
The June 2013 edition of Hogan Lovells’ Corporate Newsletteris now available.
What are the international tax and transfer pricing considerations for equity-based incentive compensation? download
Cross-border issuance of equity-based compensation can lead to a number of cross-border tax and transfer pricing issues for multinational companies.
Mills & Reeve has announced that its merger with Manchester firm George Davies has completed.
How do corporates identify where their greatest exposure to fraud and corruption lies and assess the magnitude of this risk?
DLA Piper has advised the former owners of German plant and machinery manufacturer Kuhnke on the sale of all shares in Kuhnke to Kendrion.
Taylor Wessing has introduced the latest issue of Private Equity Perspectives, a quarterly update focusing on the latest trends, news and legal issues facing the private-equity industry.
Shoosmiths’ Emma Gibson has defended her title of Lawyer of the Year at the Thames Valley Deals Awards 2013.
Conyers Dill & Pearman has provided British Virgin Islands advice to State Grid Corporation of China.
Appleby has acted as Cayman Islands and British Virgin Islands counsel for Telecom Service One Holdings Ltd.
Al Tamimi & Company has advised Al Noor Hospitals Group on a restructure to enable the group’s proposed listing on the London Stock Exchange (LSE).
The ‘Chinese walls’ technique is still widely used at top firms, especially on private equity deals. Did the great M&S conflict debacle of 2004 really change anything?
Timely forwarding of the notice of convocation of the shareholders’ meeting of a limited liability company: presumption of receipt download
NCTM focuses on the forwarding of the notice of convocation of the shareholders’ meeting of a limited liability company and the presumption of receipt.
This month has seen the effective and powerful section 213 of the Securities and Futures Ordinance hard at work.
It would be rare for BVI law to be the governing law of transaction documents, other than in respect of security over shares in a BVI company or other BVI assets, when BVI law security would usually be taken.
Clifford Chance, Hogan Lovells and Proskauer Rose are advising on the IPO of New York’s Empire State Building, which now looks set to go ahead after more than a year of wranglings with investors.
Krogerus has advised lead managers Danske Bank and Pohjola Bank on VVO Group’s €100m secured bond issue.
Chadbourne & Parke has represented FOVISSSTE in the successful placing of its 15th mortgage loan portfolio securitisation.
Nabarro has announced that eight associates have been promoted to the partnership.
Chambers USA 2013 recognises Hogan Lovells’ practice areas and lawyers.
Addleshaw Goddard is increasing its capability across the Arabian Gulf and targeting further growth with the addition of a new office in Qatar.
DLA Piper has received 177 individual lawyer and 64 practice rankings in the latest annual Chambers USA.
Harneys has hired a pair of senior lawyers from Ogier to continue its expansion in the Cayman Islands.
Linklaters has confirmed the make-up of its Seoul office following its regulatory go-ahead earlier this month, with the firm transferring four Hong Kong lawyers to staff the newly-launched base.
Norton Rose has unveiled the leaders of its three main global practice groups ahead of its merger with Houston-headquartered Fulbright & Jaworski next month, with corporate and disputes both receiving new bosses.
NCTM has advised the management of DOC Generici on its acquisition by Charterhouse Capital Partners.
Appleby has advised the Carlyle Group on its investment into Addison Lee.
Placing will raise funds for the proposed acquisition of CPW Europe
Rights issue to raise approximately £615m.
Linklaters has taken the lead role for Glencore Xstrata on its first post-merger bond issue, confirming the magic circle firm as the combined group’s primary adviser following the $64bn (£42bn) mining tie-up.
Dubai is the choice of investors seeking to do business in the African continent, with COMESA member Mauritius increasingly serving as the bridge.
Conyers Dill & Pearman has advised Allstate on a $350m catastrophe bond deal.
This briefing deals with the regulation of late payment of commercial debts.
Conyers Dill & Pearman has advised AerCap Holdings NV in connection with an amendment and upsize of its revolving warehouse facility.
Chadbourne has been shortlisted as a finalist for The Lawyer’s Corporate Finance Team of the Year award.
Chadbourne & Parke has represented investors in Burger King’s expansion plans in Germany.
The UK Takeover Panel has decided to bring all offers for UK-registered AIM companies within the jurisdiction of the code.
How businesses can cope with disasters.
Simpson Thacher & Bartlett has snared a key Clifford Chance funds senior associate with close ties to private equity houses Apax Partners and BC Partners.
Simpson Thacher & Bartlett has taken a lead advisory role alongside Silicon Valley firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian on Yahoo!’s acquisition of blogging site Tumblr for $1.1bn in cash.
This presentation by Chadbourne & Parke focuses on real-estate investment trusts (REITs) and renewable energy.
King & Wood Mallesons advises GE Real Estate Investments Australia.
Ashurst and Slaughter and May have advised on online retail group Ocado’s delivery deal with supermarket chain Wm Morrison Supermarkets.
Walker Morris has advised Branded3’s co-founders on its acquisition by St Ives plc.
KWM has advised EnergyAustralia on its proposed divestment of a majority share of the Waterloo wind farm to Palisade Investment Partners and Northleaf Capital Partners.
Conyers Dill & Pearman has advised Alliance Oil Company Ltd on a $500m offering of Eurobonds (7.000 per cent guaranteed notes due 2020).
Criminal defence has traditionally been an area of strength for Dacheng.
Dacheng’s Corporate Finance and Capital Markets practice is one of its core practice areas.
Dacheng’s Mergers, Acquisitions and Corporate Restructuring practice is one of its key practice areas.
Dacheng has long been providing clients with legal advice in relation to company formation and amendment, as well as day-to-day business management.
Herbert Smith Freehills (HSF) has appointed Norton Rose’s Frankfurt corporate team leader Nico Abel as its second partner for its new German offices.
Under the new Companies Law No 25 of 2012, there are several utilities available for stakeholders to hold certain individuals accountable for their actions.
We provide general company and compliance advice to our corporate clients on the legal issues that most regularly impact upon their businesses.
Allen & Overy’s corporate and M&A practice has an exceptional track record in every sector and particular strengths in highly regulated industries.
Walker Morris has released the May 2013 edition of Corporate Matters.
Taylor Wessing has added a fresh batch of data-protection-focused content to its Global Data Hub site.
Nabarro has considered the practical implications of the Alternative Investment Fund Managers Directive (AIFMD) on businesses.
Hogan Lovells has won the Investment in Women in the Law category at the Halsbury Legal Awards 2013.
US Senate Finance Committee white paper — signal of international corporate tax reforms to come? download
The US Senate Finance Committee has released its white paper on international competitiveness.
The European Parliament has finally accepted the six draft EMIR regulatory technical standards and they entered into force on 15 March 2013.
The Abu Dhabi Department of Economic Development has recently launched its Abu Dhabi Business Centre.
Travers Smith and Ogier take further roles on planned £1.4bn float
Herbert Smith Freehills (HSF) has taken the lead role for longstanding client Severn Trent on a potential bid from a Canadian, Kuwaiti and UK consortium reportedly valuing the target at £5bn.
In the matter of the representation of A Limited and in the matter of the F Foundation  JRC 075 download
This is the first case in which the Royal Court has had to give full consideration to the Foundations (Jersey) Law 2009.
Hogan Lovells has advised Constellation Hotels on the £301.5m acquisition of the InterContinental Hotel on London’s Park Lane.
King & Wood Malleons (KWM) has advised Charter Hall on a strategic real-estate acquisition.
DLA Piper has advised Healthcare Buying Group on its acquisition of DBG (UK) from Synova Capital.
Morgan Lewis & Bockius Beijing co-head Ingrid Zhu-Clark is to leave the firm, becoming the first ex-Dewey & LeBoeuf partner to exit the US outfit since a team of nearly 20 partners joined from the bankrupt firm last year.
Addleshaw Goddard has expanded its London corporate team with the appointment of financial services transactions specialist Ben Koehne from Allen & Overy.
Freshfields leads for South Staffordshire seller Alinda Capital Partners after taking 2012 merger role
Henning Berg’s recent ‘win’ in claiming £2.25m compensation from Blackburn Rovers was a concerning insight into corporate governance within that club.
Freshfields Bruckhaus Deringer London chief and high-profile Red Knight Mark Rawlinson has praised outgoing Manchester United manager Alex Ferguson as a “spiritual heir to Matt Busby” who “hates losing but uses adversity as a fuel”.
Herbert Smith Freehills (HSF) global corporate head Mike Ferraro has been brought in to the firm’s London office to revamp its corporate department, The Lawyer can reveal.
A group of lawyers from the Swedish offices of Ashurst and White & Case have joined forces with the former managing partner of Hannes Snellman’s Stockholm office to form a corporate boutique.
The May 2013 edition of Hogan Lovells’ Corporate Newsletter is available now.
The 3 May 2013 edition of Addleshaw Goddard’s Data & Information E-Alerts publication is available now.
The High Court has adopted a broad interpretation of what constitutes a ‘contravention’ of the Corporations Act 2001 (Cth) or a company constitution.
The new Hong Kong Companies Ordinance is planned to come into operation in the first quarter of 2014.
Hogan Lovells has announced that it has elected two new partners to its board.
DLA Piper has announced that Mel Sims, a partner from the corporate practice group in London, is relocating to Doha, Qatar.
Appleby has acted as Jersey counsel in relation to the successful placement of a seven-year Eurobond.
E-disclosure: disclosure trends download
Law firms should select efficient, cost-effective and compatible disclosure technology to better address client needs.
The creation of applications offering intuitive user-driven data analysis focused on providing efficient and cost-effective client management are the primary goals for most law firms today.
The TUC, Unison and UNITE have formed the Trade Union Share Owners group.
DLA Piper has announced that 34 lawyers have been promoted to its partnership. The promotions are effective from 1 January 2013 in the US and 1 May 2013 for the EMEA and Asia-Pacific regions.
Glencore Xstrata has appointed Glencore general counsel Richard Marshall as its overall legal chief following the $64bn merger that created the mining giant.
British Virgin Islands and Cayman Islands companies have long been a valuable feature of commercial life in Hong Kong and China.
ACH Shoosmiths has opened its new offices in the heart of Edinburgh’s business and financial district.
DLA Piper has announced a strategic alliance with Ivan Almaida Baely & Firmansyah law firm in Indonesia.
DLA Piper has announced that Rob Salter and Anu Balasubramanian will be joining as partners in the London corporate group.
Ashurst German corporate head Lutz Englisch is set to join US firm Gibson Dunn & Crutcher in Munich.
The April 2013 issue of Taylor Wessing’s Restructuring & Corporate Recovery Update is available now.
The London Stock Exchange has announced the creation of a fourth listing option on its London stock exchanges.
King & Wood Mallesons has advised on the A$543m development and sale of 480 Queen Street in Brisbane.
Jordan: employee share-option plans download
Jordan Securities Commission Instructions for Conferring Share Options on Public Shareholding Companies’ Employees stipulates the conditions for conferring share-option plans on employees.
Hogan Lovells and Simpson Thacher & Bartlett have advised on Apple’s $17bn (£10.9bn) bond issue, described as the largest corporate bond offering in history.
Hogan Lovells, Linklaters and Sullivan & Cromwell have won lead roles as Eastman Kodak offloads its personal film business to UK pensioners.
Olswang is set to sponsor the Listing in London Forum on 21 May 2013.
Olswang has been recognised as European Outsourcing Advisory of the Year 2013 by the European Outsourcing Association.
Hogan Lovells has advised Al Bayan Group Holding Company, a Saudi-based conglomerate, on its RM200m sukuk, issued on 24 April 2013, out of its inaugural RM1bn Sukuk Wakalah Programme.
This checklist compares the requirements of a premium listing, a standard listing, the high-growth segment and AIM for a commercial/trading company looking to admit equity shares.
Shearman & Sterling and Simpson Thacher & Bartlett have played key roles on Chinese internet giant Sina Corporation’s sale of a stake in the country’s Twitter-like site Weibo.
Baker & McKenzie, Clifford Chance and Osborne Clarke (OC) have advised on Best Buy’s £471m exit from Europe
Merger Control — Finland chapter download
The second edition of Global Legal Insights’ Merger Control publication is available now. Here, Krogerus presents the Finland chapter.
Appleby has announced the promotion of three lawyers to the partnership and the appointment of five lawyers to the position of counsel.
Shoosmiths on good faith: High Court decides to swim with the tide and recognise fair dealing download
In Yam Seng Pte Ltd v International Trade Corporation Ltd, the High Court recognised an implied duty of good faith and fair dealing.
Hogan Lovells has advised Promon International in negotiating and documenting a follow-on equity investment in DeepFlex to fund a manufacturing centre in Brazil.
Shoosmiths has recruited Ben Turner as a partner in its corporate team.
Baker & McKenzie and Clifford Chance have played lead roles on CP All’s $6.6bn (£4.3bn) acquisition of a controlling stake in Siam Makro.
Freshfields Bruckhaus Deringer has won the lead role acting for Betfair in relation to a £910m takeover bid from private equity group CVC Capital Partners.
Appleby has acted as British Virgin Islands counsel for CNPC General Capital in relation to the issuance of guaranteed senior notes due in 2016, 2018 and 2023.
Corporate lawyers from Walker Morris have advised private equity firm NorthEdge Capital on its investment in Help-Link.
Mohamed Khodeir is a partner at Al Tamimi’s Qatar office. He joined the team in 2011 to help develop the strategic Gulf foothold through fast-paced times in the market.
Mills & Reeve has over 30 years of experience in helping their clients navigate the many and fast-changing regulations affecting all businesses, whether public or private, UK or overseas.
Binder Grösswang has advised Austrian Stock Exchange-listed Lenzing on the auction sale of its plastics business unit.
Mills & Reeve provides expert guidance on all legal aspects of health and safety; whether it’s ensuring compliance or if you need representation in the aftermath of an incident.
Allen & Overy (A&O) has hired Shearman & Sterling corporate partner Hans Diekmann as a partner in its Düsseldorf office.
A raft of Irish, UK and US firms have won roles on the battle for control of Irish biotechnology company Elan, which yesterday rejected an offer from Royalty Pharma.
The group general counsel of Man Group Stephen Ross is to join Sidley Austin as co-head of London investment funds.
Ropes & Gray has added to its London and Hong Kong offerings with a double partner hire from Fried Frank Harris Shriver & Jacobson covering finance, capital markets and corporate.
Mills & Reeve is able to offer you advice and support that will allow you to get the most from the opportunities the market presents.
Latham, Linklaters and Joelson Wilson have advised on Carlyle Group’s purchase of London minicab group Addison Lee, a deal reported to be worth £300m.
Allen & Overy (A&O) and DLA Piper played key advisory roles on the £160m sale of Scottish whisky producer Burn Stewart Distillers to South African drinks group Distell.
Barney Lee will be joining Mourant Ozannes as a partner in the Guernsey corporate practice.
A guide to takeover and reconstruction transactions involving an Australian listed trust.
Hogan Lovells has advised American Midstream on its acquisition by ArcLight.
Freshfields and Hengeler have taken lead roles on CVC Capital Partners’ €3.1bn acquisition of energy metering group Ista from private equity rival Charterhouse.
Corporate lawyers from Walker Morris have advised Hargreaves Services on its proposed £42m placing.
Appleby has announced two senior additions to its funds and investment services team in Guernsey.
Six new partners are among 22 promotions at Shoosmiths. The partners are joined in the law firm’s 2013 round by 16 new senior associates.
Hogan Lovells has advised Arris on its $2bn purchase of Google’s Motorola Home unit
Conyers Dill & Pearman has been named Offshore Legal Firm of the Year at the 2013 Asian Legal Business China Awards.
Chadbourne & Parke has represented INFONACOT in the successful placement of corporate debt in Mexico amounting to $160m.
Speechly Bircham to move to larger Luxembourg offices after taking on Clifford Chance counsel François Lerusse as a partner.
Appleby has acted as British Virgin Islands and Bermuda counsel for Asia Mezzanine Capital Corporation in relation to the provision of a $30m facility to CAAM.
Appleby has been named ‘Law Firm of the Year’ in several categories at the 2013 Corporate INTL Legal Awards.
Ambassador Attilio Massimo Iannucci, an expert in international law, has joined NCTM Studio Legale Associato as of-counsel.
Recent law firm mergers with Australians are producing the hoped-for results in terms of cross-referrals. Where are these top level deals coming from?
Last week’s news that Clifford Chance global head of private equity David Walker is leaving to join Latham & Watkins in London marks yet another major departure from the magic circle firm’s practice, following six previous key partner exits from the firm’s funds, tax or buyouts teams since 2009.
Olswang has acted for Euromoney Institutional Investor PLC on HSBC QT acquisition agreement.
Nabarro has announced the passing of Clare Grayston, partner, on 8 April 2013 following a short illness.
Dundas & Wilson has seen another partner exit the firm with City corporate specialist Julian Mathews joining Wedlake Bell as part of double hire for the London firm.
Conyers is regularly involved in the largest, most innovative and complex corporate transactions involving companies in Bermuda, the British Virgin Islands, the Cayman Islands and Mauritius.
This guide from Nabarro explains the differences between exoneration and indemnity clauses in a scheme’s trust deed and rules.
In IKEA v Hauxwell-Smith and others (10/2012), IKEA was found to have been the victim of serious procurement irregularities involving Mr and Mrs Hauxwell-Smith between 1998 and 2000.
Resolution — spring 2013 download
Appleby has released the spring 2013 edition of its Resolution offshore publication.
The decision in the case of Re Yung Kee Holdings has highlighted some of the issues that can arise in resolving shareholder disputes where offshore companies are used to hold assets and businesses elsewhere.
Mishcon de Reya has beefed up its private equity practice with the hire of Dundas & Wilson partner duo Simon Sale and Nadim Meer.
Clifford Chance global private equity head David Walker is set to join Latham & Watkins in a major hire for the US firm’s London office.
Dentons and Linklaters have led the advice on the sale of HMV to Hilco UK, which was confirmed three months after the retailer went into administration.
Ashurst, CMS Cameron McKenna and Norton Rose have advised on the £260m IPO of closed-ended infrastructure fund Greencoat UK Wind.
Chadbourne & Parke has released the April 2013 edition of its Corporate Practice Newswire.
Corporate and energy lawyers from Walker Morris have advised on a joint venture to use farm waste to generate green electricity.
Hogan Lovells has advised Alstom Holdings in relation to its extension of a multi-currency resolving dual-tranche committed bonding guarantee facility until July 2016.
Eversheds and Osborne Clarke (OC) have taken the lead UK roles on networking giant Cisco’s $310m (£205m) acquisition of Swindon-based technology group Ubiquisys.
Taylor Wessing has advised Hyperion Insurance Group on the agreement by General Atlantic to acquire just more than 30 per cent of the shares in Hyperion from 3i Group and BP Marsh & Partners.
Draft Jordanian Investment Law download
The Draft Jordanian Investment Law is intended to attract and encourage both local and foreign investment in Jordan.
The latest issue of Data & Information E-Alerts is available now from Addleshaw Goddard.
Shoosmiths has reached 100 employees at its Manchester office.
The London Stock Exchange has announced that the new high-growth segment of its main market is now open for admission to trading.
Freshfields Bruckhaus Deringer and White & Case are among a raft of firms to win roles on CVC’s sale of a $1.3bn stake in Indonesian retailer Matahari Department Stores.
King & Wood Mallesons contributes to bi-lingual legal novel.
The Legal 500 has ranked Binder Grösswang as a Tier 1 law firm in the fields of banking and finance and corporate and M&A.
Conyers Dill & Pearman has earned top marks in the UAE offshore category of Legal 500’s EMEA directory.
King & Wood Mallesons has acted for Airtrain Holdings in its sale to USS Axle, by way of three interconditional schemes of arrangement, for AUD109.55m (£76m).
Warren Gorrell and Robert Bennett from Hogan Lovells make the National Law Journal’s list of influential US lawyers.
Al Tamimi’s Ahmed Jaafir focuses on Qatar exporting opportunities at Dubai Exports seminar.
Taylor Wessing has released the March 2013 edition of its Restructuring & Corporate Update.
Conyers Dill & Pearman has been highly ranked in the 2013 edition of Chambers Global.
DLA Piper has released a summary of all of the firm’s rankings and editorial commentary in Chambers Global 2013.
There’s been some client jostling in the FTSE 100 and 250 markets but firms have hooked more clients in the alternative index, show the latest quarterly adviser rankings
Karanovic & Nikolic has hosted a workshop focused on anti-corruption for Croatian corporates.
The next chapter of business in Bermuda looks bright and ready to meet the emerging challenges of the evolving global economy.
Belgian corporate boutique Strelia has made its first lateral hire since its foundation, picking up former White & Case corporate partner Gisèle Rosselle.
Olswang has been recognised by Chambers & Partners in its 2013 Global edition.
Simmons & Simmons has advised JP Morgan Cazenove and Numis Securities on £49m share placing.
Simmons & Simmons has advised European Energy on the acquisition of wind farm power plants.
Berwin Leighton Paisner (BLP) has confirmed David Collins as the firm’s new head of corporate following the appointment of incumbent John Bennett as international business partner.
Ashurst and SNR Denton took lead roles on the sale of Malmaison and Hotel du Vin to a US private equity group.
The Australian Securities and Investments Commission has taken the first concrete step to the actual implementation of G20 derivatives reforms in Australia.
The Supreme Court has addressed the question of how far it is possible to ‘pierce the corporate veil’.
Taylor Wessing has advised MML Capital Partners LLP on ATA Group investment.
Olswang advises Dundee International REIT on €257m financing for the acquisition of SEB Asset Management’s office portfolio.
King & Wood Mallesons advises HeidelbergCement on Holcim joint venture agreement to control Cement Australia.
Hogan Lovells’ Patrick Sherrington comments on MoJ’s ‘Plan for Growth’ for the UK legal services sector.
Jurisdiction of the Hong Kong Courts re winding up and unfair prejudice petitions — offshore companies download
Hong Kong law contains a number of provisions designed to protect the interests of minority shareholders, including the “unfair prejudice” remedies under section 168A of the Companies Ordinance and the Ordinance’s “just and equitable” winding-up provisions.
Slaughter and May has extended its lead at the top of the FTSE 250 client rankings for the first quarter of 2013 in a market that has seen little change at the top end.
CMS and Herbies share nearly £1.5m in fees from a £203m energy takeover that saw two law firms put up Chinese walls to prevent potential conflicts.
For the past 10 months, the US Department of Justice and the Enforcement Division of the Securities and Exchange Commission have advised the public that they are in the process of drafting guidance for companies regarding the requirements of, and prohibitions within, the US Foreign Corrupt Practices Act.
Ashurst and Pinsent Masons have advised as Tesco acquires restaurant chain Giraffe for £48.6m.
On 8 May China’s Supreme People’s Court issued its Rules on the Application of Laws for Adjudicating Civil Disputes Arising From Monopolistic Conduct.
Hogan Lovells has advised Arieso on its sale to JDSU.
Hogan Lovells has successfully acted for the German FCO in a €1.1bn liability charges claim brought by GN Store Nord.
Macfarlanes is to reposition its practice by increasing the firm’s focus on advisory work, disputes and investigations, after being over-exposed to the deal market during the downturn.
Michael Burns, Nadia Menezes and James McConvill explore the implications of recent British Virgin Islands reforms.
The 2013 AGM and reporting season download
As the 2013 AGM and reporting season begins, we highlight the key developments and trends that listed and AIM companies should consider as they prepare for this.
Freshfields Bruckhaus Deringer corporate star Mark Rawlinson has been brought in to advise the London Stock Exchange (LSE) on its revised €536m (£463m) offer for a controlling stake in clearing house LCH.Clearnet.
Big product names are in the frame again in our regular round-up of the deals and legal personalities of the month, including the sales of Dell and baked bean superstar Heinz
This article discusses some of the issues associated with a divisional acquisition over the acquisition of an entire enterprise.
This briefing from Karanovic & Nikolic provides an overview of the latest legislative news and upcoming and ongoing projects in Macedonia.
The corporate and commercial department is made up of 81 professionals, including 22 equity partners and 13 salary partners. We are lawyers and chartered accountants.
We provide assistance to clients engaged in cross-border operations, as well as to companies that sell goods and services in different countries.
NCTM has extensive experience in Italian and European Community administrative law.
In theory, the move by russia to reduce trade restrictions such as import duties would give foreign businesses greater access to the Russian market.
With the 2012 AGM season rapidly approaching, it is again time for Boards of ASX listed companies to turn their minds to the resolutions to be put to shareholders for approval.
Joining the Main Board: A field guide for applicants to the Main Board of the Hong Kong Stock Exchange download
The Main Board of The Stock Exchange of Hong Kong Limited (SEHK) is one of the world’s largest and most liquid markets for securities trading.
The OFT has found a widespread lack of compliance on the part of licensed businesses in the payday lending market.
Appleby has acted as Bermuda counsel for GuoLine Overseas in Guoco privatisation deal.
Not a day passes without news of a data breach or cyber attack on a company’s operations or a nation’s critical information infrastructure.
RPC has made a further addition to its corporate practice with the hire of SJ Berwin partner Anthony Shatz.
Norton Rose has boosted its corporate practice in Australia with the hire of three partners from Australian firm Corrs Chambers Westgarth.
Irwin Mitchell has signed up former DLA Piper Birmingham managing partner Chris Rawstron as head of its business legal services team in the city.
Mourant Ozannes focuses on the Securities Investment Business Law.
A corporate survey by Karanovic & Nikolic has confirmed the importance of legal compliance and risk management.
Recovery of VAT on transaction costs download
It is important that transactions are structured so that VAT on transaction costs may be recovered where possible by the Bidco.
Walker Morris has released its In Brief publication for March 2013.
Ashurst and Skadden Arps Slate Meagher & Flom have secured key instructions as Britain’s biggest bookmaker, William Hill, plans to raise £375m in a rights issue to fund the acquisition of its online division.
Hogan Lovells’ Lucas Osorio is the exclusive winner of International Law Office’s Client Choice Awards in the public law category for Spain.
Linklaters is set to lose three partners, a consultant and an associate from its Paris capital markets team to US firm White & Case.
RPC has become the latest firm to win a mandate amid the recent spate of UK high-street casualties after being appointed by Sports Direct to advise on its purchase of Republic.
Eversheds and Linklaters have taken lead roles on the sale of HMV Asia to Greater China private equity group AID Partners Capital
Nabarro, Stephenson Harwood and Weil Gotshal & Manges have taken key advisory roles on the sale of healthcare group UK Specialist Hospitals (UKSH) to Care UK.
Addleshaw Goddard has advised Lloyds Development Capital on its acquisition of ATG Access.
Employee shareholders: the basics download
Employee shareholder legislation is now making its way through parliament.
Olswang has appointed Azlinda Ariffin-Boromand as a partner in the corporate team.
Paris-based corporate star quits US firm to set up his own practice in a bid to get closer to clients on both advisory and contentious work.
Ashurst, US firm Davis Polk & Wardwell and Slaughter and May have won roles advising on the planned IPO of Esure.
Adam Mycyk has rejoined Chadbourne & Parke’s Kyiv office.
Weil Paris partner Laurent Faugérolas quits legal practice and France to set up a corporate advisory boutique in London.
In a unanimous decision for the Federal Trade Commission (FTC), the Supreme Court found that the state action immunity doctrine does not shield Phoebe Putney Health System’s acquisition of Palmyra Park Hospital from antitrust scrutiny.
King & Wood Mallesons has been named as one of the world’s most highly regarded mergers and acquisitions (M&A) practices by Who’s Who Legal for 2013.
Dutch firm De Brauw Blackstone Westbroek and Linklaters have played lead roles on ORIX’s acquisition of Dutch asset manager Robeco Groep from Rabobank.
BLP, Freshfields, Gibson Dunn and Slaughters attend Bumi shareholder meeting where Nat Rothschild was defeated in his bid to assert control over the company.
Bowman Gilfillan has been a leader in the South African market for corporate law services for more than a century.
We provide a range of corporate and tax compliance services including the setting up of companies, management services, tax compliance and any other corporate services.
Our Corporate Law, Mergers & Acquisitions practice offers comprehensive legal services on the full spectrum of corporate transactions.
Chadbourne promotes four attorneys to counsel in New York and Washington DC.
Pamboridis names Yiota Kythreotou Theodorou as managing partner.
Pamboridis has appointed Electra Papadopoulou Makedona as head of non-contentious department
The total volume of offshore deals for 2012 remained lower than in the two previous years, but average deal value is on the rise.
King & Wood Mallesons has represented Daimler AG in a transaction involving BAIC Motor.
Corporate insights: February 2013 download
Last year saw a lacklustre IPO market in Hong Kong. Listings of equity securities dropped from a peak of 106 new listings in 2010 to 50 new listings on the Main Board in 2012.
King & Wood Mallesons (Australia) appoints Stephen Minns as chairman of Australian board.
Four of Ireland’s largest firms have taken roles on the €1.3bn (£1.1bn) sale of Irish state-owned pensions company Irish Life to Canada’s Great-West Lifeco.
Bonds issue under the UAE local laws download
Companies have many different ways to raise financing — either by way of equity financing or by way of debt financing.
The Privy Council recently considered whether a security provider whose collateral had been appropriated as allowed by the Financial Collateral Arrangements (No.2) Regulations 2003 was entitled to relief from forfeiture.
City lawyers at trio of firms land key roles on IPO of UK estate agency.
This report from Appleby looks at offshore M&A activity for Q4 2012.
Taylor Wessing is part of NASDAQ Dubai’s advisory group.
Olswang has advised WMG on its acquisition of Parlophone.
DLA Piper global co-chairman joins business delegation to India.
Appleby (Bermuda) is applying to become a licensed corporate service provider.
Our anti-corruption compliance team offers legal advice on internal investigations.
Our antitrust team provides legal advice on merger control, cartels and abuse of dominant positions, restrictive practices and agreements and compliance.
Our team has the skills, experience and resources to provide assistance on all aspects of corporate transactions and commercial contracts.
Our mergers and acquisitions team has experience in private acquisitions, privitisations and public procurements.
Walker Morris advises N 1 and Cenkos on Communisis share-placing deal
As highlighted by a recent High Court decision, any party hoping to rely on forfeiture clauses, put and call arrangements or compulsory buy-back provisions will need to ensure that they do not constitute unenforceable penalties. We look at the practical points to consider arising from the case.
Debevoise, Latham, Skadden and Weil among counsel on AMR tie-up with US Airways
Davis Polk, Kirkland and Wachtell were among the advisers on the $28bn (£18bn) takeover of food giant Heinz by an investment consortium.
Our dedicated commercial law team is geared to provide full and high-level support on all stages and levels of our corporate clients’ business expansion.
Cyprus, being one of the most reputable low-tax jurisdictions in the European Union, gave the initiative for the creation of a specialised tax planning department in Nicosia with a strong presence in Athens.
MOLITOR has extensive experience in counselling and assisting a broad range of companies in all areas of corporate law.
Next-generation data collection download
Learn about next-generation targeted collection solutions that save time and money on downstream data processing and attorney review.
This report shows how working with TyMetrix has enabled four international organisations to better understand their spend with external counsel and make significant savings on legal advice.
K&L Gates has launched in Houston with the hire of Fulbright & Jaworski securities head Charles Strauss ahead of the latter’s merger with Norton Rose.
We advise clients on all aspects of company law, including matters related to annual and extraordinary general meetings of shareholders.
In the first of our regular round-ups of the deals and legal personalities of the month just passed, casualties of the credit crunch were to the fore, including Jessops
White & Case and Speechly Bircham advise as Swedish bank Handelsbanken acquires wealth and investment manager Heartwood Wealth Group.
Al Tamimi & Company has announced a series of partner promotions across the Middle East.
The Curtis Public Company and Corporate Governance practice is dedicated to advising our public company clients on securities regulatory and stock-exchange-listed company compliance matters, as well as all aspects of corporate governance.
The Mergers and Acquisitions practice advises private and public entities in a range of transactional matters, counselling buyers, sellers and targets in connection with mergers, acquisitions, joint ventures, leveraged buyouts, strategic alliances and other related transactions.
The firm’s corporate lawyers represent clients at every stage of development, from start-up companies operating domestically to private and publicly traded companies, joint ventures and sovereign-owned entities transacting business worldwide.
Linklaters has landed the lead role advising the Moscow Exchange, Russia’s primary stock index, on its planned stock market flotation, which is set to value the company at up to $4.6bn (£2.9bn).
Corporate and securities law is at the core of Mayer Brown’s practice in every one of its offices worldwide.
Simmons & Simmons has advised UK mobile telecoms company Truphone as Russian billionaire Roman Abramovich pays £70m for a 23.3 per cent stake.
Cobbetts went into administration at the High Court today (6 February) with the whole business immediately sold in a pre-pack deal to fellow Manchester firm DWF.
Corporate law is one of King & Wood Mallesons’ core practices.
Our corporate group will be able to advise you on how to achieve your business objectives.
In January 2012, the UK Financial Services Authority published a consultation paper in which it set out numerous proposals for changes to the Listing Rules, Prospectus Rules and Disclosure Rules and Transparency Rules.
While in most M&A transactions it is standard practice for a Purchaser to insist on non-compete and non-solicitation restrictions from the Vendor, one does need to ensure they are drafting within what is deemed permissible to ensure they are enforceable and avoid risk fines under EU competition law.
Panel warning on deal protections: UK Takeover Panel review of the 2011 changes to the Code download
The Takeover Panel has conducted its promised operational review of the reforms to the Code which took effect in September 2011.
Our integrated team of experts from across the firm has the expertise and knowledge to meet all of your regulatory needs.
Appleby’s corporate and commercial lawyers are part of a truly international practice operating from our offices in Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Hong Kong, the Isle of Man, Jersey, London, Mauritius, the Seychelles and Zurich.
Fried Frank and Shearman join host of firms advising on the $23.3bn (£14.9bn) takeover of Virgin Media.
Debevoise & Plimpton, Hogan Lovells, Simpson Thacher & Bartlett and Wachtell Lipton Rosen & Katz have taken advisory roles on the $24.4bn (£15.5bn) leveraged buyout (LBO) of Dell, reported to be the biggest take-private since the financial crisis.
King & Wood Mallesons has advised Guohua Energy Investment Co (Guohua) on its acquisition of a 75 per cent stake in Hydro Tasmania’s 168MW Musselroe wind farm project.
Freshfields and Herbies advise on the £164.5m takeover of Sutton & East Surrey Water by Japan’s Sumitomo Corporation.
The issues facing today’s businesses and entrepreneurs are broadly the same, but the solutions rarely are. We can advise you on all the legal aspects of your corporate and business life.
Olswang’s Corporate Group advises on a broad range of corporate finance and mergers and acquisitions transactions.
Hogan Lovells’ corporate team comprises more than 1,000 corporate lawyers located in the world’s major financial centres.
Addleshaw Goddard’s Corporate Division offers an impressive track record of leading expertise in the UK. The division deals with all aspects of corporate law.
Our 200-strong international corporate practice has its finger firmly on the market pulse and is highly skilled at devising innovative solutions that will help overcome the obstacles your business is facing.
Private equity house HgCapital has appointed former Clifford Chance senior associate Andrew Jessop as its general counsel in a move that sees former legal chief Alison Hampton move to a compliance role.
Nabarro continues to advise on major AIM-related M&A having advised on the proposed merger between Bayfield Energy Holdings, an upstream oil and gas exploration and production company with interests in Trinidad & Tobago and South Africa, with Trinity Exploration & Production.
Corporate work is at the heart of our practice. We advise on the laws of the BVI, Cayman Islands, Guernsey and Jersey and on which of these jurisdictions is most appropriate for a particular transaction.
Our corporate group is led by a team of partners widely regarded as leaders in their field and who are regularly recommended by clients and intermediaries.
Comprehensively covering all corporate legal services, Karanovic & Nikolic’s corporate department plays a pivotal role in providing legal advice to many clients.
Our commercial and corporate lawyers are known for their responsiveness, their value for money and their pragmatism.
With an upsurge in global corporate transactions, companies must continually position themselves to access markets and technology, improve margins and reduce their exposure to risk.
Lawrence Graham (LG) and SNR Denton have taken lead roles on the sale of the Jessops brand and certain assets to a group including Dragons’ Den entrepreneur Peter Jones.
The ethos within the Corporate Group at Walker Morris is to create value for clients by investing the time to understand their businesses.
Our corporate practice has a demonstrable record for high-value, complex and world-class deals.
An overview of issues in corporate law, featuring market abuse, debt restructuring and the CRC energy efficiency regulations.
An overview of issues in corporate law, including indemnity insurance and the balance of power between directors and shareholders.
Welcome clarity on online sales in China for foreign investors from an unexpected source but uncertainty remains for the VIE structure download
With a netizenship of over 500 million users and potential for further increases considering its population and demographics, China’s online sales market has become too big for international businesses to ignore.
Hogan Lovells has prepared a roadmap of the key issues to consider when planning your listing in London.
Representation or Warranty? download
A recent English High Court decision reminds us the vital differences between representations and warranties - features that are commonly, but unwisely, glossed over when drafting agreements.
In September 2009, the European Commission published proposals to amend the Prospectus Directive with the aim of simplifying its application and increasing efficiency.
On 6 June, 2012, China’s Ministry of Commerce (MOFCOM) posted online a revised template form for filing merger clearance applications in China.
The National Development and Reform Commission has started 2013 with a bang.
London: Equity Capital Markets download
Whilst there has been a global decline in the number of new public listings, the UK has long been a popular listing destination.
German law offers numerous alternatives for pursuing entrepreneurial activities. The corporate legal forms available for this purpose are for the most part defined in German statutory regulations which may be modified by contractual provisions to a greater or lesser extent.
The China Securities Regulatory Commission (CSRC) released its Regulatory Guidance on Application Documents and Examination Procedures of Issuing Shares Abroad and Overseas Listing by Company Limited by Shares (“Guidance”) on 20 December 2012.
A string of recent, high-profile enforcement actions by the FSA has highlighted the risk for companies and financial advisers of improperly disclosing inside information.
China antitrust review 2012 download
Looking back at 2012, four years after China implemented its Anti-Monopoly Law, we can discern some important ways in which China’s antitrust regime today both mirrors and departs from antitrust regimes in other jurisdictions to which our clients are subject.
Coming reforms intend to ‘strengthen the hand of shareholders to challenge excessive pay’ and include the introduction of a binding vote on a company’s future pay policy.
Excessive director remuneration download
Section 994 of the Companies Act 2006 gives the shareholders of a company the right to issue proceedings against that company where they feel that the company has been or is being conducted in a manner that is unfairly prejudicial to the shareholders.
The High Court has recently considered whether express warranties in a share purchase agreement could also amount to representations by the sellers.
Shoosmiths has advised August Equity’s SecureData Europe on its acquisition of Quadrant Networks.
Conyers Dill & Pearman’s Hong Kong office has won five China Business Law Journal Deal of the Year awards.
A Limited Liability Company as defined by Article 218 of the UAE Commercial Companies Law is a company in which the liability of its partner is limited only to the extent of their shares in the capital.
Following a nine-month consultation process, the UK government has announced proposals for far-reaching changes to the mechanisms for seeking redress in antitrust actions.
A look ahead to amendmends to the 2000 Financial Services and Amendments Act and UK prospectus rules in the light of the EU’s Prospectus Directive.
The Securities and Futures Commission (SFC) published its “Consultation Paper on the regulation of sponsors” on 9 May 2012.
A guide to the do’s and don’ts of initial public offerings on the Hong Kong stock exchange.
Changes to Hong Kong’s false market avoidance regime impact issuers and guarantors of listed debt securities download
Details of changes to Hong Kong’s false market avoidance regime, and their impact on issuers and guarantors of listed debt securities
After years of consultation and debate, and in the face of continuing opposition from many business sector representatives, Hong Kong is finally on the verge of enacting its first cross-sector competition law.
The additional rate of tax, which applies to taxable income above £150,000, has stood at 50% since it was introduced in April 2010.
On 22 August 2012, the U.S. Securities Exchange Commission (the “SEC”) adopted a final rule pursuant to the directives of the 2010 Dodd-Frank Act compelling certain companies with U.S. securities reporting obligations to assess and disclose their use of “conflict minerals”.
Hong Kong’s new statutory price sensitive information/inside information disclosure regime (PSI Disclosure Regime) will take effect on 1 January 2013.
Olswang has added new partner Thomas Schubert to its German team.
The Office of Fair Trading (OFT) is increasing the stakes for breaching competition law with harsher penalties.
In two recent judgments, the European General Court (the General Court) has provided insight into the vexed question of just how far a competition authority can go when it carries out a “dawn raid”.
The prospectus regime is being amended throughout Europe.
Yesterday, Nick Clegg announced that the Government will enact legislation mandating that all companies listed on the London Stock Exchange must measure and report their greenhouse gas emissions from April 2013.
Warning on potential Takeover Code breaches: deal protection measures and offeror intentions highlighted download
As the amendments to the UK Takeover Code come into force, this briefing summarises the issues facing takeover deals.
June 2012: TransAtlantic newsletter download
Covering issues facing US companies in the UK market.
Directors’ indemnities and D&O cover download
In the current economic climate, directors must be prepared for the unpleasant possibility of claims for personal liability being brought against them.
Helping recovery in the IPO markets download
A number of year end reports have drawn attention to the falling number of companies coming to market for the first time over the last five years – in London, by more than half.
Monthly update on issues in corportate law, covering acquisitions, international dispute resolution and investment in Ukraine.
An update on issues in corporate law, covering acquisition agreements, insurance-linked securities and the general economic climate in Europe.
Corporate update: February 2012 download
Analysis of changes to executive remuneration policy, changes to market listing rules and trouble in the eurozone.
The Financial Services Authority (FSA) recently published Consultation Paper 12/2 (CP) on 26 January 2012 setting out proposals for a range of changes to the Listing Rules.
The Carbon Reduction Commitment Energy Efficiency Scheme (CRC) is now well under way but confusion still reigns over the application of many areas of the scheme.
Mayer Brown has announced today that it advised China International Marine Containers (Hong Kong) Limited (CIMC) on the establishment of a $600m US commercial paper programme supported by a letter of credit from Bank of China, New York Branch.
In addition to the normal disclosure required in the Compensation Discussion and Analysis portion of the annual proxy statement, companies should consider five other matters when preparing the 2013 proxy statement.
Allen & Overy (A&O) and McCann Fitzgerald have won lead roles as Ireland’s state-owned energy provider Bord Gáis Éireann (BGE) prepares to sell off its energy business in the first major asset sale by the Irish government.
Addleshaw Goddard, Ashurst and Nabarro will share the bulk of up to £6.85m in legal fees for their advice on the joint takeover bid for online betting outfit Sportingbet by William Hill and GVC Holdings, official filings have disclosed.
In The Lawyer’s search for stars of the energy market one name came up over and over again - Gareth Price.
While 2012 may have been a flat year for many M&A lawyers, it kept Linklaters’ corporate partner Iain Wagstaff extremely busy working on several large scale, cross-border transactions.
Osborne Clarke equity capital markets head (ECM) and corporate finance specialist Jonathan King (scroll down for video interview) has made quite a name for himself in recent years.
US firms Fenwick & West and O’Melveny & Myers and Israel’s Herzog Fox & Neeman have landed roles as Cisco acquires Israeli software maker Intucell for an estimated $475m (£300m).
It would be wrong to describe Herbert Smith Freehills partner Allen Hanen as a rising star in his firm, but his profile has shot up since standing unsuccessfully for senior partner at Herbert Smith in 2009/10.
Trading performance at British brands powerhouse Premier Foods was at its worst when Andrew McDonald joined as general counsel in 2011 from food manufacturer Uniq.
Field Fisher Waterhouse corporate finance partner Christine Phillips spent much of 2012 on one of the highest-profile deals of the year, advising Rangers FC.
Having qualified as a lawyer in 2004, Dan Oates’ (scroll down for video interview) rise in the legal world has been meteoric.
Knights Solicitors managing partner David Beech (scroll down for video interview) is a man with a plan, and the plan is to turn the Midlands-based firm into a capital-rich business with a nimble management structure.
In the wake of the credit crunch, corporate transactions have become a lot more complicated.
Freshfields’ Jennifer Bethlehem is not a run-of-the-mill corporate partner. To start with, she is the relationship partner for key clients such as Goldman Sachs, Rolls-Royce and Novartis.
Last year (2012) marked an important milestone in Lucie Cawood’s professional and personal life.
The first major challenge Nilema Bhakta-Jones (scroll down for video interview) took on following her promotion to group legal director at Emap in 2008 was to advise on one of Europe’s largest transactions in the media sector at the time.
Norton Rose corporate partner Raj Karia (scroll down for video interview) had a stellar 2012, thanks in part to his firm’s multiple mergers in the preceding few years.
Sandeep Katwala, managed to fit in a three-month sabbatical into a year in which he oversaw the firm’s alliance with SA’s Webber Wentzel and the historic BP Reliance Industries deal in India.
Almost three years ago Solomon Wifa made his mark in the legal community as he became the youngest-ever managing partner of O’Melveny & Myers in London at the age of 37.
Olswang has acted for INTO University Partnerships, a global education partnering organisation, on the acquisition by Leeds Equity Partners of a 25 per cent stake of the business for £66m.
Olswang has acted for leading TV drama producers Greg Brenman and Roanna Benn on the foundation of Drama Republic Ltd, the pair’s new London-based production company.
The FCPA in 2012 download
The year 2012 will probably be remembered in the annals of FCPA history as the year of the Guidance.
Addleshaw Goddard has advised Admiral Taverns, one of the largest pub companies in the UK, on its £200m acquisition by US-based private investment firm, Cerberus Capital Management.
Addleshaw Goddard, Hogan Lovells and Linklaters all had roles on US private equity house Cerberus Capital Management’s £200m acquisition of pub group Admiral Taverns from Lloyds Banking Group.
On 11 January 2013, the SEC approved the NYSE and Nasdaq listing standards, as amended, to implement the SEC’s requirement that national securities exchanges prohibit the listing of any equity security of an issuer that does not comply with the SEC’s rules regarding the independence of compensation committees and their advisers.
Walker Morris has announced that its Corporate Group completed more than 120 deals in 2012 — a 24 per cent increase on the previous year.
Salans has advised restructuring specialist Hilco in its purchase of HMV’s £176m debt.
Ashurst and a group of Malaysian firms have advised on the RM1.8bn (£373m) sale of Aviva’s Malaysian joint venture CIMB-Aviva to Sun Life Financial and Khazanah.
Slaughter and May has taken a lead advisory role alongside US firms Davis Polk & Wardwell and Willkie Farr & Gallagher and Benelux outfit De Brauw Blackstone Westbroek on UK insurer Aviva’s disposal of its remaining stake in Dutch rival Delta Lloyd.
Rule 10b5-1 plans are back in the news.
In the current environment and in the wake of Dodd-Frank (and, before that, TARP) mandated rules requiring shareholder advisory votes on executive compensation, shareholder-plaintiffs have more aggressively challenged executive compensation decisions.
Insider trading annual review — 2012 download
2012 gave us another year of aggressive enforcement of insider trading laws.
Mayer Brown JSM and Slaughter and May have taken advisory roles on Cable & Wireless Communications’ (CWC) agreement to sell its controlling stake in a Macau telecom company to CITIC Telecom International for $750m (£466m) in cash.
Olswang has acted for long-standing client QSoft Consulting in a transaction to transfer its Gaydar Radio DAB Broadcasting licenses to Gaydio, the UK’s first FM gay radio station.
In its annual summary of regulatory and examination priorities, the Financial Industry Regulatory Authority (FINRA) signaled that it will aggressively pursue market misconduct.
Dickson Minto is set to receive a bonus of more than £1m from client AG Barr when the drinks company’s merger with Britvic completes after the firm agreed a conditional fee for its advice on the deal.
Italian firm Bonelli Erede Pappalardo and White & Case have taken the lead roles as Italy’s largest insurer Generali acquires a 49 per cent stake in joint venture partner PPF Group, a Czech and Dutch private equity group.
EMW, Morgan Cole and Shoosmiths have all won headline roles as WestBridge Capital backs the £6m management buyout (MBO) of Cambridge-based Anglia Business Solutions in return for a 43 per cent stake in the business.
Our latest in-depth analysis of UK M&A legal bills reveals a good performance by smaller firms and success fees on the rise
Field Fisher Waterhouse (FFW) and Mayer Brown have won roles advising on a deal that sees Russian billionaire Roman Abramovich invest £4.3m in a small gas-to-liquids technology company.
2012 year-end German law update download
In retrospect, 2012 likely will be remembered as another year of manifold challenges in the Eurozone and of slow consolidation rather than one of fundamental reform or renaissance.
Ince & Co has advised on the formation of Epic Pantheon International Gas Shipping Ltd.
The European Commission has published an Action Plan on European company law and corporate governance for 2013.
In the years since the financial reporting scandals and the Sarbanes-Oxley Act of 2002, and in particular following the financial crisis and the Dodd-Frank Act of 2010, boards of directors have faced greater burdens and more intense scrutiny of their activities and performance.
Lawrence Graham (LG), Norton Rose and White & Case all advised on Starwood European Real Estate Finance’s (Seref) £228.5m IPO on the London Stock Exchange.
Linklaters and White & Case have landed the lead mandates as Bupa makes its first foray into the Polish healthcare market by acquiring the country’s largest healthcare provider LuxMed Group from Mid Europa Partners for €400m (£326m).
A team of senior lawyers from Freshfields Bruckhaus Deringer’s Milan office has left the firm to join former colleagues at Italian boutique Orsingher.
Corporations are being scrutinised today as never before. Public and private companies alike are examined and investigated not only by the US government, but by increasing numbers of local, state, and foreign government agencies.
China Securities Regulatory Commission, the securities regulator of the People’s Republic China, has scrapped quantitative threshold requirements for Chinese companies applying for offshore listings by promulgating new guidelines on 20 December 2012.
Latest M&A data puts Freshfields ahead of Linklaters on the global stage
RPC has won a three-way pitch to advise Ofcom on the bidding process for the auction of 4G mobile broadband bandwidth.
Goodman Derrick — a review of 2012 download
Goodman Derrick looks back at its achievements over the past year.
An overview of recent cases related to M&A and corporate governance.
On 12 December 2012, the European Commission published an Action Plan with initiatives it intends to undertake in 2013 in the fields of EU company law and corporate governance.
FCPA update — December 2012 download
An update on issues arising from the Foreign Corrupt Practices Act, including Transparency International’s 2012 Corruption Perceptions Index DOJ and SEC discussions on FCPA guidance and current enforcement issues, and news from the BRICs.
US firms Sullivan & Cromwell and Wachtell Lipton Rosen & Katz have picked up the lead roles advising on exchange operator IntercontinentalExchange’s (Ice) $8.2bn (£5bn) acquisition of NYSE Euronext.
Herbert Smith Freehills (HSF) and Hogan Lovells have taken the lead roles as global asset manager BlackRock merges its UK property fund with Deutsche Bank’s real estate fund group RREEF to form what the parties describe as the UK’s largest property unit trust.
Looking ahead to 2013, directors, executives and general counsel of public companies can take some solace from the fact that 2012 was not a year in which a large number of significant new disclosure rules or governance requirements were adopted.
Linklaters has held onto its position as the most prolific adviser on UK M&A, as annual deals data for 2012 shows US firms stealing a march on their City competitors.
Bond Pearce has announced the hire of four oil and gas partners in Aberdeen from Scottish firm Maclay Murray & Spens as it prepares for its merger with Dickinson Dees.
Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May have won advisory roles on a $1.1bn (£657m) offer to take private Hong Kong-listed investment holding company Guoco Group.
Novoship (part of Sovcomflot Group) has obtained a Commercial Court judgment of approx. US$169m.
Russia’s accession to the World Trade Organization: challenges and opportunities for Russian companies download
On 22 August 2012, after 19 years of negotiations, the Russian Federation became the 156th member of the World Trade Organization.
Private investment transactions between sophisticated parties often include a negotiated agreement, sometimes called a ‘big-boy letter’, in which the buyer acknowledges that it has made its own independent assessment of the risks involved, including that the seller or other counterparty may possess material, non-public information regarding the issuer which has not been disclosed to the buyer.
Myanmar’s new foreign investment law download
This month has marked some significant milestones for Myanmar (also known as Burma) which, as a former pariah state, has recently emerged as the new investment hotspot in Asia due to its rich natural resources and untapped markets.
On 12 December 2012, the Securities and Futures Commission published its eagerly anticipated consultation conclusions concerning the regulation of IPO sponsors.
Herbert Smith Freehills (HSF) and Norton Rose have won advisory roles alongside American firms on an agreement that sees US carrier Delta Air Lines buy a 49 per cent stake in Virgin Atlantic Airways from Singapore Airlines for $360m (£224m).
Nabarro has advised long-term client UK Coal on the restructuring of its business which completed on Monday 10 December. The company will now be known as Coalfield Resources plc.
Akin Gump Strauss Hauer & Feld, Hogan Lovells and Linklaters have taken the lead roles as Russian telephone giant MegaFon acquires an indirect 50 per cent stake in Russian mobile retailer Euroset for $1.2bn (£750m).
Aerospace and defence companies, foreign intermediaries and anti-corruption legislation are back in the spotlight.
Clifford Chance and Freshfields Bruckhaus Deringer have advised on Chinese company Jinsheng Industry’s SFr650m (£436m) acquisition of business units from Swiss-based Oerlikon, one of the largest outbound Chinese investments in the German-speaking market in 2012.
Latham & Watkins and Linklaters have advised as Arcadia Group owner Philip Green agrees to sell a 25 per cent stake in Topshop and Topman to US private equity group Leonard Green and Partners.
FCPA update — May 2012 download
An update on cases related to the Foreign Corrupt Practices Act, including the DOJ’s case against Morgan Stanley, the British government’s proposals concerning deferred prosecution agreements, and developments in Russia’s fight against corruption.
Stephenson Harwood has clinched the hire of Lawrence Graham (LG) energy and natural resources head Tom Nicholls in a boost for its City corporate practice.
Linklaters and Norton Rose have advised alongside the magic circle firm’s new South African ally Webber Wentzel as Johannesburg bank Absa Group buys Barclays’ African operations for £1.3bn.
RPC is set to bulk up its corporate practice with the hire of a three-partner City team from Wragge & Co including former managing partner Richard Haywood and current corporate chief Maurice Dwyer.
Freshfields Bruckhaus Deringer has advised HSBC on the $9.4bn (£5.8bn) sale of its entire shareholding in China’s Ping An Insurance Group to Thai conglomerate Charoen Pokphand Group, which was represented by Linklaters.
Herbert Smith Freehills (HSF) is set to expand its Belfast-based legal support unit to include corporate due diligence and real estate work.
Ince & Co has appointed former Clyde & Co partner Richard Britain as head of its newly formed corporate insurance practice.
The spotlight is shining once again on the use (and possible abuse) of Rule 10b5-1 trading plans by corporate executives.
Nabarro and Travers Smith were the main beneficiaries of the near £1.4m in legal fees spent by London & Stamford Property and Metric Property Investments ahead of their £800m merger.
US firms Akin Gump Strauss Hauer & Feld and Dechert won roles on the debt restructuring of Kazakhstan-focused oil and gas group Max Petroleum through a new $90m (£56m) credit facility.
Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters have all clinched roles as Kazakh mobile operator Kcell looks to list in London and Kazakhstan.
FCPA update — November 2012 download
In this issue: US enforcement agencies issue extensive new FCPA guidance; recent surveys highlight anti-corruption trends facing companies; Italy adopts new anti-corruption law.
What in-house counsel needs to know now about Dodd-Frank derivatives 101.
Lawyers gathered in London last week to hear why Luxembourg offers such big potential for investors. In association with Wildgen
Freshfields Bruckhaus Deringer, Morrison & Foerster (MoFo), Norton Rose and Olswang have advised as the Daily Mail and General Trust (DMGT) sells its regional newspaper arm Northcliffe Media to a consortium led by former Mirror Group CEO David Montgomery.
Ashurst, Freshfields Bruckhaus Deringer and SJ Berwin were among the advisers on the acquisition of residential property company Annington Homes by Guy Hands’ private equity group Terra Firma.
Russian law firm Egorov Puginsky Afanasiev & Partners has hired Herbert Smith Freehills (HSF) English-qualified corporate and energy partner Robin Wittering to join its Moscow office.
After a period of intense political wrangling and lengthy delays, on 2 November 2012 the President of Myanmar signed into effect a new foreign investment law (the FIL) to replace the previous foreign investment law enacted in 1988.
The proxy advisory firms Glass Lewis & Co. and Institutional Shareholder Services Inc. recently released the 2013 updates to their US proxy voting guidelines.
After a year of waiting, the Department of Justice and Securities and Exchange Commission issued A Resource Guide to the US Foreign Corrupt Practices Act on 14 November 2012.
Herbert Smith Freehills (HSF) and Travers Smith have scooped roles as San Leon Energy acquires Aurelian Oil & Gas in a bid to become the largest foreign holder of shale licenses in Poland.
US DoJ and SEC issue FCPA guidance download
The Department of Justice and Securities and Exchange Commission have released new guidance on the criminal and civil enforcement provisions of the Foreign Corrupt Practices Act.
Cravath Swaine & Moore and DLA Piper have won lead roles as high-end tea company Teavana agrees to sell to coffee giant Starbucks for $620m (£390m) in cash.
On 21 September 2012, the Ministry of Commerce promulgated the Interim Provisions of the Ministry of Commerce for Equity Contribution in Relation to Foreign-Invested Enterprises, effective as of 22 October 2012.
On 14 November 2012, the US Department of Justice and the Securities and Exchange Commission issued A Resource Guide to the US Foreign Corrupt Practices Act, which provides extensive and long-awaited guidance on the interpretation and enforcement of the FCPA.
Recent cartel developments in the UK download
This Alert summarises two significant recent developments in UK cartel law.
An acquisition of any US corporation involves numerous legal and business issues.
Morgan Lewis & Bockius, Wachtell Lipton Rosen & Katz and Weil Gotshal & Manges are among a raft of US firms to advise as American investment bank Jefferies agrees to sell to its largest shareholder, Leucadia National.
Davis Polk & Wardwell has continued its English-law hiring spree by snaring a corporate partner from Herbert Smith Freehills.
Offshore M&A transactions fell by volume and value in the third quarter of 2012 compared to the previous three months, although by less than the drop recorded in 2011.
Herbert Smith Freehills (HSF) and Slaughter and May have landed roles on a deal that sees UK drinks company Diageo acquire a 53.4 per cent stake in India’s United Spirits.
This morning, the three federal bank regulatory agencies announced that their proposed new capital rules based on Basel III (and other Basel standards) would not take effect on 1 January 2013, a date previously proposed apparently in order to adhere to international consensus.
China is finding new reasons to trade with and invest in Central Asia, the Middle East and beyond.
Luxembourg firm Arendt & Medernach has added to its corporate capabilities with the hire of a partner from Linklaters’ Luxembourg office, Laurent Schummer.
SJ Berwin has added to its City corporate practice with the hire of Field Fisher Waterhouse (FFW) CIS specialist Alex Woodfield.
The general counsel of Swiss generic drugmaker Actavis is to step down from the role as US rival Watson Pharmaceuticals acquires the company for €4.25bn (£3.4bn).
Allen & Overy (A&O), Clifford Chance and Linklaters are among the firms winning advisory roles on a joint €1.5bn (£1.2bn) bid for Germany’s Douglas Holding by private equity group Advent International and the high-street retailer’s founding family.
Clifford Chance, Freshfields Bruckhaus Deringer and Simmons & Simmons took roles advising on the acquisition of a 10 per cent stake in Heathrow Airport by a subsidiary of China Investment Corporation (CIC).
US firm Locke Lord has added a 16th partner to its nascent London office with the hire of Fox Williams corporate finance specialist James Channo.
Herbert Smith Freehills (HSF) and Morrison & Foerster (MoFo) have advised on the IPO of Shanghai-based Fosun Pharmaceutical Group on the Hong Kong Stock Exchange, a deal that raised HK$3.97bn (£318m).
Allen & Overy (A&O) advised Hitachi on its £696m purchase of Horizon Nuclear Power, with CMS Cameron McKenna, Clifford Chance and Freshfields Bruckhaus Deringer all scoring roles on the sell side.
Latham & Watkins and Skadden Arps Slate Meagher & Flom have taken advisory roles on Walt Disney’s $4.05bn (£2.5bn) acquisition of Star Wars maker Lucasfilm.
Baker & McKenzie and CMS Cameron McKenna are among five firms to have advised as Copenhagen Airports agrees to sell a 49 per cent share in NIAL Group, the parent company of Newcastle International Airport, to a fund managed by Australia’s AMP Capital.
On Thursday 25 October 2012, the Hong Kong Stock Exchange issued two new Guidance Letters on pre-IPO investments.
Ashurst and Freshfields Bruckhaus Deringer have won lead roles on a deal that sees Japanese vinegar manufacturer Mizkan buy popular British sandwich filler Branston Pickle from Premier Foods for £92.5m.
Akin Gump Strauss Hauer & Feld, Cleary Gottlieb Steen & Hamilton, Skadden Arps Slate Meagher & Flom and Weil Gotshal & Manges have all scooped roles as the Alfa-Access-Renova (AAR) consortium that owns a 50 per cent stake in TNK-BP prepares to sell its stake to Rosneft for $28bn (£17.5bn).
Freshfields Bruckhaus Deringer and Slaughter and May have advised alongside four US firms on a deal between Pearson and media rival Bertelsmann to combine the companies’ publishing units, Penguin Group and Random House.
Mention of Chinese outbound investment always gets lawyers excited, so here is The Lawyer’s reality check on dealflow, highlighting Linklaters’ fantastic 2012.
Pinsent Masons has extended its lead at the top of the rankings of law firms by number of AIM-listed clients, bringing its client count close to 50.
Pamboridis has announced that four new members have joined the firm: Georgia Mattheou, Timotheos Christofi, Irene Manoli and Maria Papaconstantinou.
Macfarlanes, Paul Weiss and Slaughter and May have advised on a deal that has seen New York billionaire Leon Black buy London-based art publishing house Phaidon Press.
De Brauw Blackstone Westbroek, Skadden Arps Meagher Slate & Flom and Sullivan & Cromwell have acted as Dutch chip equipment manufacturer ASML acquires US microchip maker Cymer for €1.95bn (£1.58bn).
The Clifford Chance partnership as re-elected Matthew Layton as global head of corporate.
Linklaters has appointed Amsterdam partner Pieter Riemer as its new managing partner for Western Europe, effective today (17 October).
Edwards Wildman and Freshfields Bruckhaus Deringer have won roles advising on New York-based private equity group Paine & Partners’ investment into Greek-based irrigation company Eurodrip.
US firms Morrison & Foerster (MoFo) and Skadden Arps Meagher & Flom took the lead roles on a deal that sees Japanese telecoms group SoftBank enter the US market by acquiring a 70 per cent stake in American mobile carrier Sprint Nextel.
Linklaters and Slaughter and May have advised as Santander pulls out of a £1.65bn deal to buy 316 branches from the Royal Bank of Scotland (RBS).
Cleary Gottlieb Steen & Hamilton, Linklaters and Sullivan & Cromwell have gained the lead roles as Coca-Cola Hellenic (CCH) moves to switch its main listing from Athens to London following the Greek-based Coca-Cola bottler’s credit downgrading by agencies in the wake of the country’s economic crisis.
US firm Davis Polk & Wardwell’s newly-launched UK law team has won an appointment for the French government on negotiations with aerospace groups BAE Systems and EADS over their €36bn (£29bn) merger, which was called off yesterday (10 October).
Field Fisher Waterhouse (FFW) and Travers Smith have been instructed to advise on Rangers FC’s £20m flotation on AIM.
Allen & Overy (A&O) and Debevoise & Plimpton are among the firms to have advised on pan-Asian life insurer AIA’s $1.7bn (£1bn) acquisition of the Malaysian insurance business of Dutch financial services group ING.
Freshfields Bruckhaus Deringer has retained its role advising the underwriters on the IPO of MegaFon, despite lead bank Goldman Sachs pulling out of the deal.
Section 952 of the Dodd-Frank Act directs the national securities exchanges to adopt new listing standards applicable to compensation committees and compensation advisers.
Edwards Wildman Palmer, Jones Day, Morgan Lewis & Bockius and Wilson Sonsini Goodrich & Rosati have won appointments advising investors on a Series-D funding round for French display advertising company Criteo.
Addleshaw Goddard, Ashurst and Nabarro are the advisers behind William Hill and GVC Holdings’ bids for online betting service Sportingbet.
CIS legal update — September 2012 download
An update on developments in the CIS countries, including the Russian government’s tightening of control over strategic industries and cyberspace, changes to summary proceedings in Russian commercial courts and more.
Since the enactment of Dodd-Frank, there has been a great deal of focus on rewards for ‘whistleblowing’ — bringing to the government’s attention evidence of wrongdoing that it did not previously know about.
Addleshaw Goddard and Hogan Lovells are among the firms to have advised on the £135m Aim listing of pharmaceutical company Clinigen, a rare UK IPO for the industry.
Proposed changes to UK listing rules download
The Department for Business, Innovation and Skills on 20 September 2012 announced that it has developed a set of proposals with the London Stock Exchange aimed at attracting high-growth companies to list their businesses on the LSE.
The flurry of deals undertaken by private equity giant Carlyle this year has provided rich picking for a number of big firms
Jones Day has appointed Nabarro’s employment head Julie Quinn as a partner in its London office, in a rare partner-level hire for the firm’s City employment team.
Clifford Chance has asked capital markets associates in its Singapore office to take voluntary sabbaticals until the end of the year as the firm reacts to a downturn in work in the region.
Cleary Gottlieb Steen & Hamilton, Clifford Chance, Skadden Arps Slate Meagher & Flom and Slaughter and May are among the firms that have acted on Cemex’s $7.2bn debt restructuring package.
SJ Berwin, Mayer Brown and Travers Smith have led the work on the sale of iconic London toy shop Hamleys by Icelandic bank Landsbanki to French company Groupe Ludendo.
SJ Berwin and US firm Paul Hastings have joined forces to lead private equity group Patron Capital through the closing of its latest fund.
Allen & Overy (A&O) and Freshfields have taken the lead roles on a strategic partnership between the ports arm of Danish shipping group AP Moller-Maersk and logistics group N-Trans, which owns a controlling stake in Russia’s Global Ports Investments.
Pinsent Masons and a City team from US firm Locke Lord have advised on the sale from administration of the UK subsidiary of motorcycle clothing and accessories retailer Hein Gericke.
Allen & Overy (A&O), Linklaters and Slaughter and May are advising as the Royal Bank of Scotland (RBS) plans to float Direct Line Insurance in one of the biggest IPOs of the year.
Clifford Chance and Freshfields Bruckhaus Deringer have won roles alongside a string of local firms on the potential tie-up of European defence giants EADS and BAE Systems.
Cleary Gottlieb Steen & Hamilton and Freshfields Bruckhaus Deringer have taken advisory roles as Russian telecoms group MegaFon prepares to list on the London Stock Exchange (LSE) in the coming weeks, with an IPO tipped to raise up to $4bn (£2.5bn).
Latham & Watkins has joined Texan firm Gardere Wynne Sewell advising on BP’s $5.5bn (£4.3bn) sale of its interests in a range of oil and gas fields in the Gulf of Mexico to US petroleum rival Plains Exploration & Production.
In late August, the Securities and Exchange Commission (SEC) proposed, by a 4–1 vote, to permit general solicitation and general advertising under two of its private placement safe harbor rules.
Linklaters has beaten Freshfields Bruckhaus Deringer in a pitch to win a first-time role for China National Gold on its talks to buy a stake in UK-listed African Barrick Gold (ABG) from Canada’s Barrick Gold.
Stephenson Harwood is set to receive an uplift after completing a two-year deal for an energy client to which it charged more than half of the fees conditional on the transaction closing.
Takeovers of UK-listed companies generated legal fees totalling almost £80m in the past year, working out as an average of £1.6m per deal, research by The Lawyer reveals.
Dickson Minto and Linklaters are advising on merger talks between Scottish Irn-Bru maker AG Barr and Robinsons squash producer Britvic.
The Lawyer reveals who has put in the highest legal bills for UK public M&A deals since the revamped Takeover Code came in a year ago
Blame Kraft-Cadbury again. Since that politically controversial deal the Takeover Code has required that bids for UK-listed companies have to include estimates of legal fees on both the buy and sell sides.
Baker & McKenzie has added to its finance and capital markets practice in Moscow with the hire of banking and finance partner Simon Morgan from Chadbourne & Parke.
Salans has lost another partner to US firm Locke Lord, with corporate specialist Rob Askew joining the Texan firm’s recently-launched London office.
Davis Polk & Wardwell and Shearman & Sterling have taken advisory roles as Banco Santander prepares to list its Mexican subsidiary in New York and Mexico, aiming to raise an estimated $4.3bn (£2.7bn).
US firms Latham & Watkins, Skadden Arps Meagher & Flom, Sullivan & Cromwell and Weil Gotshal & Manges have all won roles advising on Valeant Pharmaceuticals’ $2.6bn (£1.6bn) acquisition of dermatology drugmaker Medicis Pharmaceutical.
King & Wood Mallesons, German firm Hengeler Mueller and Paul Hastings advised Chinese automotive and equipment manufacturing company Weichai Power on its €738m (£584m) investment in German forklift truck maker Kion Group, which was represented by Freshfields Bruckhaus Deringer and Gleiss Lutz.
French firm Lefèvre Pelletier & Associés has added its third partner to its Chinese team, bringing on board corporate partner Emmanuel Meril.
Norton Rose corporate specialist Julian Stanier has quit the firm to join Berwin Leighton Paisner (BLP) as a partner.
CMS Cameron McKenna, DLA Piper and Herbert Smith were among seven firms to win roles on the merger of Scottish oil group Melrose Resources and Irish rival Petroceltic International, a deal that gifted an estimated £2.36m in external lawyers’ fees.
Norton Rose and Swiss firm Bär & Karrer have acted for Domino’s Pizza Group as it reached an agreement to acquire the Domino’s Swiss franchise.
Our list of the summer’s big deals shows how London law firms kept busy with work from Asia as well as more familiar sources
Japanese listings in Hong Kong download
As an international financial center, Hong Kong is one of the world’s leading capital markets, with the Stock Exchange of Hong Kong being a favored venue for IPO fundraising activities.
FCPA update — August 2012 download
This issue represents the first installment of a new feature of FCPA Update: our regional spotlight series.
The Securities and Exchange Commission today proposed amendments to Rule 506 of Regulation D and Rule 144A under the Securities Act of 1933 to implement Section 201(a) of the Jumpstart Our Business Startups (JOBS) Act.
Freshfields Bruckhaus Deringer and Sullivan & Cromwell have joined Chinese firm Jingtian & Gongcheng advising Hong Kong-listed China Telecom Corporation on its $13.4bn (£8.5bn) acquisition of 3G network infrastructure from its parent company.
Cravath Swaine & Moore and Pepper Hamilton have taken the helm as IBM acquired human resources management company Kenexa for $1.3bn (£820m) to boost its cloud-based software offering.
Sullivan and Cromwell and Wachtell Lipton Rosen & Katz have won roles advising on one of the biggest US bank acquisitions of the year as Buffalo-based M&T Bank agreed to buy smaller rival Hudson City.
Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Simmons & Simmons have advised on the financial restructuring of public infrastructure group Mouchel, which involved the pre-pack sale of its assets to its lenders and management.
DLA Piper and Slaughter and May have advised on debt-laden Premier Foods’ sale of its sweet spreads and jellies business to US buyer Hain Celestial.
Allen & Overy (A&O) and Morgan Lewis & Bockius scooped roles as Russian oil major Rosneft completed a strategic joint venture with natural gas producer Itera to jointly develop gas fields in the Russian Arctic.
Clifford Chance and Linklaters were part of a string of City firms advising on private equity group Cinven’s £465m acquisition of generic drugs company Mercury Pharma from HgCapital.
Recently, the US Department of Justice reaffirmed its guidance as to what it views as the proper Foreign Corrupt Practices Act compliance procedures in the context of mergers and acquisitions.
Slaughter and May has taken a lead role alongside Cravath Swaine & Moore and Sullivan & Cromwell on drinks company Diageo’s potential acquisition of the tequila brand Jose Cuervo.
Berwin Leighton Paisner (BLP) and Norton Rose are advising as Genesis Energy, which was founded by the Israeli billionaire who also owns almost half of Playtech, looks to float on AIM.
Informal commentary offers contextual perspective on current matters and indicates areas of less current significance at the SEC.
On 13 August 2012, the US Securities and Exchange Commission and US Commodity Futures Trading Commission published in the Federal Register joint final rules and interpretive guidance further defining the terms ‘swap’, ‘security-based swap’, ‘mixed swap’, and ‘security-based swap agreement’.
Herbert Smith and Pinsent Masons have taken lead roles advising on the combination of West End financial advisers James Hambro & Partners and Calkin Pattinson, a merger that sees the latter consumed into Hambro’s partnership.
Davis Polk & Wardwell, Debevoise & Plimpton, Simpson Thacher & Bartlett and Weil Gotshal & Manges have all snapped up roles advising on the Carlyle Group’s acquisition of Getty Images from US private equity rival Hellman & Friedman.
O’Melveny & Myers and SJ Berwin led alongside Scottish firm Burness on Lloyds Banking Group’s sale of £1.05bn of private-equity assets to secondary specialist Coller Capital.
Ashurst, Burges Salmon, Eversheds and Herbert Smith are among the firms to have advised in the bidding war for the contract to manage the West Coast rail franchise, with FirstGroup today (15 August) revealed as the winning candidate.
DLA Piper is acting for BP on the $2.5bn (£1.6bn) sale of a Californian oil refinery to Tesoro Corporation, with Pillsbury Winthrop Shaw Pittman advising the buyer.
Cleary Gottlieb Steen & Hamilton and Linklaters have taken advisory roles on Bank of America Merrill Lynch’s SFr860m (£565m) sale of its non-US wealth management business to Julius Baer Group.
Clifford Chance, Duane Morris and Freshfields Bruckhaus Deringer joined Austrian firm Schoenherr advising on Swedish private equity outfit EQT Partners’ $270m (£172m) acquisition of IT company UC4 Software from the Carlyle Group.
Gibson Dunn & Crutcher, Linklaters and Speechly Bircham are among a raft of firms to have won roles advising on the sale of four Rotary UK businesses to engineering company Lorne Stewart following the administration of Rotary’s Australian parent group Hastie.
Simpson Thacher & Bartlett and Sullivan & Cromwell have advised alongside a duo of Japanese firms on the $8.5bn (£5.5bn) IPO of Japan Airlines (JAL), one of the largest listings globally so far this year.
Skadden Arps Slate Meagher & Flom has landed the lead role alongside local lawyers on the acquisition of private security company Neo Security by Fiducial Private Security, a subsidiary of French multidisciplinary services company Fiducial.
The UK press has had a field day over the past 12 months with news of shareholder challenges or activism. In the run-up to the AGM season in the spring, barely a day went by without report of shareholders flexing their muscles by taking on the boards of listed companies.
On 1 August 2012, the Court of Appeals for the Second Circuit revived a putative securities fraud class action lawsuit against China North East Petroleum Holdings Ltd.
Allen & Overy (A&O) and a London team from Norton Rose have advised on a deal that sees by the World Bank’s (WB) investment arm buy shares worth $100m (£64.4m) in pan-African banking group Ecobank Transnational.
Former go-to adviser takes a back seat as rivals overtake in car race
Ashurst, Latham & Watkins and Weil Gotshal & Manges have all landed roles on the management buyout of French industrial engineering company Fives Group in a deal backed by Axa Private Equity (Axa PE).
FCPA update — July 2012 download
In this issue: the SFO’s latest bribery related settlement; The difficulty of recovering damages from the government when an FCPA prosecution misfires; German High Court ruling on pharmaceutical industry and doctors.
Morgan Lewis & Bockius and Norton Rose have scooped roles on Sprint Capital’s acquisition of a potash business in Kazakhstan.
CMS Cameron McKenna and Linklaters have won roles advising on the acquisition of UK gas company Wales & West Utilities by Cheung Kong Infrastructure (CKI), part of Hong Kong billionaire Li Ka-shing’s business empire, for £645m.
A Shearman & Sterling City team has advised alongside Australian firm Corrs Chambers Westgarth on a A$20m (£13.2m) deal under which Tanzanian miner African Barrick Gold (ABG) will buy Aviva Mining’s Kenyan assets.
Herbert Smith and Norton Rose joined a raft of Canadian and US firms advising on the $15.1bn (£9.7bn) acquisition of Canadian oil and gas producer Nexen by China National Offshore Oil Company (CNOOC).
O’Melveny & Myers and offshore firm Ogier have won roles advising private equity group Coller Capital on the closing of its $5.5bn (£3.5m) secondaries fund.
Clifford Chance and Linklaters have taken lead roles on an agreement that will see Lloyds Banking Group offload 632 of its branches to the Co-operative Group, a move that gives Co-op around 7 per cent of the UK current account market.
Paul Hastings, Slaughter and May and Wilson Sonsini Goodrich & Rosati have secured roles for longstanding clients on Samsung Electronics’ $310m (£198m) acquisition of UK chipmaker CSR’s mobile technology development business.
Berwin Leighton Paisner (BLP), CMS Cameron McKenna and Reed Smith snatched roles on the acquisition of hardware chain Robert Dyas by Dragons’ Den star Theo Paphitis.
Weil Gotshal & Manges has leveraged its relationship with the bankrupt parent company of American Airlines to take the lead role advising on the carrier’s plans to pick a merger partner.
Proposed changes to the Takeover Code could see the Takeover Panel expand its jurisdiction
This is the fourth briefing in Latham & Watkins’ five-part Briefing Series on the Draft UAE Commercial Companies Law.
UK government announces proposals for enhanced shareholding voting rights on executive remuneration download
The UK government has announced its proposals for the reform of executive remuneration in UK incorporated quoted companies.
Linklaters and Slaughter and May have won lead roles advising on Japanese advertising agency Dentsu’s £3.2bn acquisition of UK rival Aegis Group.
The US’ second-largest health insurance company WellPoint has turned to Linklaters’ New York office for advice on its acquisition of rival Amerigroup for $4.9bn (£3.2bn).
Ashurst and Norton Rose have won roles on Australian gold miner St Barbara’s A$556million (£366m) takeover of Allied Gold Mining.
A distinguishing feature of the UK Listing Authority’s GDR listing regime is that an applicant may submit a listing application (including a listing prospectus) to obtain a ‘block listing’ for its GDRs under which ‘up to’ a certain number of listed GDRs may be issued against deposits of the applicant’s shares into the GDR programme.
Proskauer Rose has boosted its London offering with the hire of a capital markets quartet including Kaye Scholer City partner Katherine Mulhern.
Lewis Silkin has acted opposite Osborne Clarke as lead counsel to Publicis Groupe on its acquisition of the remaining 51 per cent stake of Bartle Bogle Hegarty (BBH), the advertising agency famous for the Levi Strauss and Johnnie Walker adverts.
Since the controversial announcement on 23 January 2012 by Vince Cable, the Business Secretary, that the UK Government intended to implement into law a new corporate governance regime to regulate executive remuneration, there has been much speculation and discussion as to the nature and extent of the proposed regime.
Latham & Watkins will be advising Manchester United on its initial public offering in the United States with Davis Polk & Wardwell acting for US underwriters.
The Securities and Commodities Authority has recently published amended market disclosure rules relating primarily to shares in companies listed on the Dubai Financial Market or the Abu Dhabi Securities Exchange.
ECJ rules access to documents can be denied if disclosure undermines merger control proceedings download
Amid the recent bout of judgments painting a complex picture of access to documents in antitrust cases, the latest judgment of the European Court of Justice provides very clear guidance in the specific context of merger control.
Linklaters capital markets partner Alan Davies has left the firm to join Simmons & Simmons, which has announced a double City hire from the magic circle outfit.
The prospectus regime is being amended throughout Europe.
This is the third briefing in Latham & Watkins’ five-part Briefing Series on the Draft UAE Commercial Companies Law.
On 20 June 2012, the UK Secretary of State for Business, Innovation and Skills Vince Cable announced a package of proposals intended to curb executive pay.
Transparency International issues UK Bribery Act guidance on mergers, acquisitions and investments download
As a consequence of the entry into force of the Bribery Act 2010 on 1 July 2011, for the first time, anti-bribery due diligence has become a necessity for companies undertaking mergers, acquisitions and investments.
The potentially enormous financial rewards offered to whistleblowers in return for information about suspected wrongdoing are generating a deluge of tips to the SEC.
In the UK, there has recently been significant media coverage of market abuse in the context of “wall-crossing”, the process by which a securities offering is selectively pre-marketed to potential investors before the deal is publicly announced.
Norton Rose has boosted its French corporate offering with the hire of Hogan Lovells partner Bénédicte Denis.
Global enforcement of anti-corruption laws is at an all-time high and unlikely to recede any time soon.
A team from Olswang lead by M&A partner Mark Bertram has acted on the £87m buyout of personal finance journalist Martin Lewis’s MoneySavingExpert.com.
In March 2012, the UK government announced plans to reform the competition regime, following a consultation exercise in 2011.
Freshfields Bruckhaus Deringer advised regular client CVC Capital Partners on the sale of $1.6bn (£1bn) in Formula One shares to three investors ahead of the company’s planned IPO.
Since it came into force on 1 July 2011, the impact of the UK Bribery Act 2010 on the giving of corporate hospitality, gifts and other expenses has raised concerns among those who fall under the Act’s jurisdiction.
On 9 May 2012 the Securities and Futures Commission released its Consultation Paper on the Regulation of Sponsors, attaching draft new rules to regulate the duties and liabilities of IPO sponsors in Hong Kong.
An overview of recent developments in Hong Kong capital markets, including new HKEx guidance on acquisitions and use of IPO proceeds.
Against a background where Hong Kong has been the world’s leading IPO center for the third year in a row, the Hong Kong Securities and Futures Commission (SFC) has published its much-anticipated consultation paper on the regulation of sponsors.
The Financial Reporting Council has published a consultation paper detailing revisions to the UK Corporate Governance Code and its accompanying guidance on Audit Committees.
Information governance is a huge issue for in-house lawyers. Our round table participants discuss the best way to manage e-documents
The JOBS Act eases the SEC-registered IPO process for “emerging growth companies” (EGCs) and will alter the private offering process under Rule 144A and Regulation D of the US Securities Act of 1933, as amended.
Akin Gump, Skadden Arps Slate Meagher & Flom and White & Case have all landed roles on the $8.5bn (£5.3bn) shareholder restructuring of Russia’s second largest mobile phone operator OAO MegaFon.
One of Allen & Overy’s (A&O) most senior corporate partners who announced his retirement from the firm late last year has resurfaced at Berwin Leighton Paisner (BLP).
Dewey & LeBoeuf is set to lose four partners in London and the Middle East including City capital markets rainmaker Camille Abousleiman, in the latest string of departures from the embattled US firm.
Ashurst, Dundas & Wilson, Macfarlanes, McGrigors, Memery Crystal and SJ Berwin all won roles advising on the acquisition of the Garden Centre Group from Lloyds Banking Group by Guy Hands’ private equity house Terra Firma Capital Partners.
Linklaters has leveraged its longstanding relationship with PricewaterhouseCoopers (PwC) to win an appointment as legal adviser to the administrators of Game Group.
Vinson & Elkins and Brazilian law firm Machado, Meyer Sendacz e Opice Advogados have advised Sinopec on acquiring a 30 per cent stake in the Brazilian unit of Portuguese oil company Galp Energia for $5.16bn (£3.24bn).
UK firms Clifford Chance, Freshfields Bruckhaus Deringer and Ashurst, along with leading Chinese firms King & Wood Mallesons, Jun He, Commerce & Finance and Grandall were among the advisers on a raft of Chinese corporate deals in the past week.
Field Fisher Waterhouse (FFW) has won a role advising on a franchising deal for Thomas Pink with a subsidiary of India’s largest company that will result in the luxury shirt brand opening offices stores across India.
Clifford Chance and Linklaters are advising on talks between Game Group and its lenders, with the company today announcing its intention to file for administration.
Federal agencies and Congress accelerate defence against cyber attacks — every private company will be affected download
Online espionage has become a common threat for US corporations.
Linklaters and Sidley Austin have taken European roles on Swiss commodities trader Glencore’s acquisition of Canadian grain trading company Viterra in a deal that has given advisory roles to a raft of firms in Australia, Canada and the US.
Willkie Farr & Gallagher has hired a 12-strong team of transactional and regulatory lawyers from Dewey & LeBoeuf.
Dechert has raided rival US firm Fried Frank to bolster its newly-opened Frankfurt office, picking up partner Sven Schulte-Hillen.
Kirkland & Ellis and Skadden Arps Slate Meagher & Flom have bagged the lead counsel roles in the merger of US-listed Chinese online video companies Youku and Tudou, while a number of other firms have reaped the benefit of a high level of financing deals in South East Asia.
Macfarlanes has made an addition to its corporate practice with the hire of Addleshaw Goddard partner James Dawson.
Freshfields Bruckhaus Deringer and Norton Rose have become the latest firms to win roles on a potential deal with banking software company Misys, joining Allen & Overy (A&O), Herbert Smith, Kirkland & Ellis and Swiss firm Homburger in the bidding war.
IPOs, delistings and dim sum bonds in Hong Kong are keeping several firms busy, including Allen & Overy (A&O), Clifford Chance, Eversheds, Freshfields Bruckhaus Deringer and Slaughter and May.
Berwin Leighton Paisner (BLP) has hired Linklaters’ former global head of corporate David Barnes.
Clifford Chance and Lawrence Graham (LG) have won roles advising on Royal Dutch Shell’s £992m bid for Africa-focused oil and gas group Cove Energy.
Field Fisher Waterhouse (FFW) has hired Wedlake Bell corporate partner and practice head Tim Bird.
Sidley Austin has hired Linklaters partner Stephen Blackshaw for its City corporate practice.
Kirkland & Ellis has snatched a role for a US private equity group muscling in on banking software company Misys’ agreed merger with Swiss rival Temenos.
Jones Day and Wachtell Lipton Rosen & Katz have landed roles on the $2.7bn (£1.7bn) sale of Pringles crisps to Kellogg’s.
Clifford Chance and Slaughter and May have been called in to assist in US private equity group Carlyle’s £650m sale of UK cash management business Talaris to Tokyo-listed Glory.
Allen & Overy (A&O), Herbert Smith and Swiss firm Homburger have won lead roles on the proposed £2bn merger of Misys and Temenos, two major European banking software companies.
Skadden Arps Slate Meagher & Flom has raided Shearman & Sterling for a double partner hire in Frankfurt, including European capital markets head Stephan Hutter.
US firms Fenwick & West and Simpson Thacher & Bartlett have won the key roles advising on Facebook’s long-awaited IPO.
Freshfields Bruckhaus Deringer and Linklaters have won lead roles on the potential $82bn (£51.8bn) merger of mining giants Glencore and Xstrata, a groundbreaking transaction in the resources industry.
Norton Rose corporate partner Simon Cox is leaving the firm to join US outfit McGuire Woods’ London office.
Latham & Watkins has hired Hogan Lovells corporate partner Richard Brown for its City office.
Linklaters and SNR Denton have picked up lead advisory roles on the administration of UK-based Petroplus Refining & Marketing.
Allen & Overy (A&O), Herbert Smith and Weil Gotshal & Manges have landed roles on the potential sale of The College of Law (CoL).
Latham & Watkins and Olswang were the legal advisors on the sale of a majority stake in Hunter Boot Limited to US private equity house Searchlight Capital Partners.
Linklaters won the lead role advising China Investment Corporation (CIC) on its acquisition of a stake in Thames Water’s parent company Kemble Water.
DLA Piper, Freshfields Bruckhaus Deringer and Travers Smith have all won roles on the proposed sale of legal process outsourcer CPA Global (CPA) to London-based private equity house Cinven.
Clifford Chance is advising the Royal Bank of Scotland (RBS) on the sale of its Dublin-based aviation unit RBS Aviation Capital to Japan’s largest bank for $7.3 billion (£4.7 billion).
A team of lawyers from French independent Darrois Villey Maillot Brochier and Cleary Gottlieb Steen & Hamilton’s Paris office have split off to set up a corporate boutique.
Ropes & Gray has boosted its London corporate real estate practice with the hire of former Clifford Chance partner Iain Morpeth.
Herbert Smith and its former European alliance partners suffered a considerable drop in their share of the M&A market in 2011, new data shows.
Allen & Overy (A&O) has landed roles acting for the Kingdom of Morocco on two multi-billion dollar deals since launching its office in Casablanca in September.
Macfarlanes and Travers Smith have won roles on the long-awaited takeover of London mid-cap stockbroker Collins Stewart Hawkpoint by Canadian bank Canaccord Financial.
Former SJ Berwin managing partner candidate Perry Yam has quit the firm to join Reed Smith in one of the longest-awaited moves in the City legal market.
Freshfields Bruckhaus Deringer has made a rare hire from one of France’s top independent firms, taking corporate star Hervé Pisani from Darrois Villey Maillot Brochier.
Allen & Overy (A&O) has appointed a new global corporate co-head following Sietze Hepkema’s announcement that he will retire in the New Year.
Allen & Overy (A&O) and Californian firm Fenwick & West won key roles alongside a raft of firms in the US and Europe on software maker SAP’s $3.4bn (£2.2bn) acquisition of cloud-based human resources provider SuccessFactors.
One of Allen & Overy’s (A&O) most senior corporate partners is set to leave the firm at the end of the 2011-12 financial year.
Zombie life assurance fund Phoenix Group Holdings has turned to long-time legal adviser Freshfields Bruckhaus Deringer for advice on its takeover talks with CVC Capital Partners.
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer both had key roles advising on Virgin Money’s acquisition of nationalised bank Northern Rock, with the deal officially unveiled this morning.
Clifford Chance and Freshfields Bruckhaus Deringer won advisory roles on the management buyout of Barclays Bank’s private equity arm.
A raft of law firms including Clifford Chance, Freshfields Bruckhaus Deringer and SJ Berwin landed roles on music company EMI’s break up and sale.
Beijing-headquartered King & Wood has played the lead counsel role in China Wolong Group’s acquisition of Austria’s largest motor manufacturer ATB Group in an investment exceeding e100m (£85.73m).
Stephenson Harwood has scooped a new corporate client, winning work from New York-listed Duff & Phelps opposite Eversheds on the financial adviser and investment bank’s biggest non-US acquisition yet.
Macfarlanes and Slaughter and May have won key roles advising on Anglo-French electrical goods retailer Kesa’s sale of its 250 Comet stores to private equity house OpCapita.
Lewis Silkin has made a double partner hire with the addition of Graham Reid from Finers Stephens Innocent and Owen Watkins from Kaye Scholer.
An Anglo-Russian team from Freshfields Bruckhaus Deringer has advised Barclays on the disposal of its retail and commercial banking arms in Russia.
Speechly Bircham has become the latest firm to benefit from the Clyde & Co and Barlow Lyde & Gilbert merger, picking up restructuring partner Rupert Connell from BLG.
Ashurst and Weil Gotshal & Manges have won key London roles after broker MF Global filed for Chapter 11 bankruptcy protection in the US and went into administration in the UK.
Field Fisher Waterhouse (FFW) has strengthened its corporate offering with the hire of corporate and commercial partner Michael Harte.
The abandonment of security giant G4S’s acquisition of ISS and a related £2bn rights issue has hit Herbert Smith, Linklaters, Norton Rose, Slaughter & May and Danish firm Bruun & Hjejle, all of which had roles on the deal.
Allen & Overy (A&O) acted on its first instruction for National Grid since its appointment to the power giant’s revamped legal panel earlier this year.
Ashurst, Cleary Gottlieb Steen & Hamilton and Linklaters are understood to be among the firms to win roles on the bidding process for frozen food operator Iceland Foods - leveraging off their relationships with supermarkets, private equity houses and the failed Icelandic banks.
Sophia Purkis explains why speedy action and taking independent advice can help mitigate cases of theft or expenses fraud
As the EU updates its regulatory regime, Eduardo Ustaran argues that data protection compliance could be about to get more onerous
Linklaters has worked alongside Malaysian firm Rahmat Lim & Partners to provide advice on Abu Dhabi-based Aabar Investments PJS’s $1.9bn (£1.19bn) acquisition of a 24.9 per cent stake in Malaysia’s RHB Capital.
Allen & Overy (A&O) is advising property services group DTZ as the company puts itself on the market following a failed takeover bid.
Canada-headquartered Fasken Martineau has hired DMH Stallard’s London corporate head.
Australian firm Minter Ellison has bulked up its London corporate team with the addition of a partner from Mayer Brown.
Linklaters’ funds team has won its first key role on a fundraising for private equity house Cinven after winning the client from Ashurst.
Freshfields Bruckhaus Deringer, Gibson Dunn & Crutcher and Reynolds Porter Chamberlain (RPC) all landed roles on a merger agreement that is aimed at challenging the dominance of online search engine Rightmove in the online property sector.
Herbert Smith, Norton Rose, Slaughter & May and Danish firm Bruun & Hjejle have won roles advising on G4S’s £5.2bn acquisition of cleaning and security group ISS from private equity houses EQT and Goldman Sachs Capital Partners.
Bennett Jones, Blake Cassels & Graydon and Vinson & Elkins took leading roles on Sinopec’s £1.88bn takeover of Canada’s Daylight Energy.
DLA Piper and Hogan Lovells have taken lead roles in a $1.9bn asset swap deal between SABMiller and Turkey’s Anadolu Efes that will create an Eastern European business with combined sales o $3.bn.
Herbert Smith, Norton Rose, Slaughter & May and Danish firm Bruun & Hjejle have won roles advising on G4S’ £5.2bn acquisition of cleaning and security group ISS from private equity houses EQT and GS Capital Partners.
Hogan Lovells, Olswang, SJ Berwin and Travers Smith won advisory roles on BBC Worldwide’s £121m sale of magazine titles including Radio Times and Top Gear to Exponent Private Equity.
Norton Rose advised Eni UK on its €590m (£512.7m) acquisition of GDF Suez’s stake in Elgin Franklin Oil & Gas Limited (EFOG).
Macfarlanes successfully pitched to win a role advising Trafigura opposite Norton Rose on the disposal of a stake in Puma Energy International.
Allen & Overy (A&O) is set to hire two capital markets partners from Herbert Smith, marking the magic-circle firm’s second raid on the litigation giant this year.
Ashurst, Clifford Chance and Freshfields Bruckhaus Deringer have won key roles advising on the takeover of clearing house LCH.Clearnet.
Big deals remain few and far between as the Greek crisis hits corporate hard.
US firms Debevoise & Plimpton, Goodwin Procter, Paul Weiss Rifkind Wharton & Garrison and Simpson Thacher & Bartlett have been engaged to advise on a $1.6bn (£1.04bn) investment in Chinese ecommerce company Alibaba Group.
Linklaters and Slaughter and May took the lead roles advising on an agreement between the world’s largest producer of diamonds and the government of Botswana.
Australian firm Minter Ellison teamed up with Indian independent Amarchand Mangaldas to advise opposite Clifford Chance on GVK Group’s $1.26bn (£807m) acquisition of a majority stake in Australian coal mines owned by Hancock Group.
A variety of firms are playing a part in US manufacturing group Colfax’s £1.5bn cash and shares bid for Charter International, which has trumped the initial offer by Melrose for the FTSE250 Dublin-based engineering company.
Baker & McKenzie has advised a consortium of five Chinese companies on its acquisition of a $1.95bn (£1.2bn) stake in leading Brazilian metals company Companhia Brasileira de Metalurgia e Mineracao (CBMM).
Offshore firm Ogier has advised real estate investment company Invescap Holdings on the establishment of the first-ever Jersey incorporated limited partnership (ILP).
Dundas & Wilson and Eversheds snatched the lead roles as Scotland’s richest man sold a heavy pumps maker for £750m just four years after acquiring it for £45m.
Taylor Wessing has launched a Brazil group run out of Hamburg and London to focus on the dealflow between Brazil, Europe, China and India, and has hired a senior counsel from a São Paulo firm to co-head the practice.
Linklaters and Skadden Arps Slate Meagher & Flom have scored top roles advising on the merger of Greece’s second and third largest banks.
Gibson Dunn & Crutcher and Slaughter and May have scored top roles advising on Hewlett-Packard’s (HP) $11.7bn (£7.1bn) acquisition of global software company Autonomy, the largest ever deal in the technology sector.
Queens Park Rangers shareholder Bernie Ecclestone has turned to Withers for advice on the sale of his stake in the Premier League football club to Tony Fernandes.
Baker & McKenzie and Freshfields Bruckhaus Deringer have lined up to take top roles in Cargill’s planned €1.5bn ($2.14bn) acquisition of global animal nutrition company Provimi from private equity firm Permira.
Allen & Overy, Hogan Lovells and Australian firm Arthur Allens Robinson have been retained as advisers on SABMiller’s takeover bid for Foster’s, which went hostile today.
Bredin Prat and Vinson & Elkins lined up alongside Linklaters on the proposed €2.3bn acquisition of a stake in GDF Suez by China Investment Corporation (CIC).
Cleary Gottlieb Steen & Hamilton, Wachtell Lipton Rosen & Katz and Dewey & LeBoeuf snatched lead advisory roles in Google’s $12.5bn (£7.7bn) acquisition of Motorola Mobility.
Squire Sanders Hammonds has bolstered its Birmingham corporate offering with the hire of Edward Dawes from Wragge & Co.
International firms Baker & McKenzie and Latham & Watkins have scooped lead roles on Rio Tinto’s divestment of its global talc business.
Ashurst, Freshfields Bruckhaus Deringer and Hogan Lovells were all acting on Northumbrian Water’s £2.4bn cash sale to a Hong Kong consortium controlled by billionaire Li Ka-Shing.
Memery Crystal has beaten LG, Norton Rose and Pinsent Masons to storm to the top of a ranking of firms by number of Aim-listed clients for the first time.
Ashurst, Dickson Minto and Weil Gotshal & Manges all landed roles on Charterhouse Capital Partners’ $950m (£579m) acquisition of Environmental Resources Management (ERM) from Bridgepoint Capital.
Buy-backs can be an effective tool to retain partners. But as Joshua Freedman asks: are they just bodge-it jobs?
Dechert and DLA Piper were the lead firms advising on PhotoBox’s £120m purchase of online cards retailer Moonpig.com.
US heavyweights Morgan Lewis & Bockius, Simpson Thacher & Bartlett and Sullivan & Cromwell have lined up to advise on BHP Billiton’s $12.1bn (£7.4bn) purchase of Petrohawk Energy Corporation.
Proskauer Rose has continued its London expansion with the hire of funds partner Kate Simpson from Kirkland & Ellis.
Baker & McKenzie and Cravath Swaine & Moore have taken lead roles on the multi-billion takeover of chemicals company Nalco Holding Company by Ecolab, a leading developer of cleaning products.
Slaughter and May won a competitive tender to advise alongside Macfarlanes on the acquisition of equity exchange Chi-X Europe by BATS Global Markets.
Linklaters corporate partner David Barnes retired at the end of last month following 36 years at the firm.
Freshfields Bruckhaus Deringer has named corporate partner Julian Long as head of its London corporate practice, succeeding Mark Rawlinson, who was recently elected as the firm’s London managing partner.
Shearman & Sterling is launching a UK equity capital markets practice with the hire of former Freshfields Bruckhaus Deringer partner Monica McConville.
Allen & Overy (A&O), Herbert Smith and Skadden Arps Slate Meagher & Flom have all held on to leading advisory roles as News Corp’s bid for BSkyB heats up.
Eleven law firms advised on the $6.6bn (£4.1bn) sale of Polkomtel, Poland’s second-largest mobile phone network operator, in Europe’s largest leveraged buyout for three years.
Two Zurich firms advised on the acquisition of an independent wealth manager for high net-worth individuals by a family bank dating back to the 1880s.
Slaughter and May and Linklaters have seen sizeable drops in their share of the UK M&A market, according to figures for the first half of 2011.
Freshfields Bruckhaus Deringer London corporate head Mark Rawlinson is set to replace Tim Jones as head of the firm’s London office.
Addleshaw Goddard and Jones Day were on opposite sides of the table in Ryder System’s £154m acquisition of Bradford-based truck leasing company Hill Hire from Lloyds Banking Group.
Eversheds and Davis & Co both won roles on the sale of the Queen’s paint maker, Crown Paints, by private equity house Endless to paint supplier Hempel.
Paul Hastings Janofsky & Walker has continued expanding its private equity practice with the hire of corporate partner Garrett Hayes from Macfarlanes.
Herbert Smith has hired Taylor Wessing’s financial services regulatory head Clive Cunningham as its second non-contentious financial regulatory partner.
Addleshaw Goddard and Baker & McKenzie took the prime advisory roles on the merger of Jones Lang LaSalle (JLL) with fellow real estate giant King Sturge.
Clifford Chance and Nabarro have taken lead roles on Sportingbet’s bond issue and subsequent acquisition of Australian betting company Centrebet.
Australian firm Allens Arthur Robinson (AAR) took a place opposite Clifford Chance on a deal that will see mining giant Rio Tinto join forces with Aluminum Corporation of China (Chinalco) to explore mainland China in search of mineral deposits.
Change in legal markets happens on a geological timescale, or at least that is how the received wisdom has it.
Freshfields Bruckhaus Deringer client Betfred has won the bid to acquire the state-owned Horserace Totalisator Board (the Tote), after fighting off a rival tender from former Liverpool FC chairman Sir Martin Broughton.
Norton Rose has continued its hiring spree in Paris with the appointment of Hogan Lovells partner Jon Harry.
Freshfields Bruckhaus Deringer has broken into the top two firms ranked by number of FTSE 100 clients, overtaking rival Linklaters.
Sports specialist Couchmans has won a role alongside Freshfields Bruckhaus Deringer and Linklaters advising on bids to acquire bookmaker the Horserace Totalisator Board (the Tote).
EMW and Eversheds have both landed roles on Jardine Motors Group’s acquisition of car dealership Wayside Group.
Former Dorsey & Whitney partner Andrew Rimmington, whose trial for insider dealing collapsed in 2010, has joined Mishcon de Reya as one of two partner hires intended to give the firm’s corporate team a boost.
Ashurst and Slaughter and May grabbed the top mandates on John Wood Group’s £1bn share buy-back proposal in the wake of February’s sale of its oil well support division to GE.
Osborne Clarke won a role opposite Skadden Arps Slate Meagher & Flom on Motorola’s $975m (£600m) sale of its wireless network infrastructure assets to Nokia Siemens Networks.
CMS Cameron McKenna and Freshfields Bruckhaus Deringer secured prize mandates on the €9.6bn (£8.4bn) sale of Swiss drug company Nycomed to the Japanese Takeda Pharmaceutical Company.
Dewey & LeBoeuf has moved into the London private equity market with a double swoop on Taylor Wessing.
Addleshaw Goddard has appointed partner Philip Goodstone as divisional managing partner in charge of the firm’s corporate group.
This year’s deals highlight the West to East shift in the balance of economic power, says Gavriel Hollander
Simpson Thacher & Bartlett and Sullivan & Cromwell have scored top roles in Microsoft Corporation’s $8.5bn (£5.2bn) acquisition of Skype Global.
Akin Gump Strauss Hauer & Feld has boosted its Moscow-based international transactions practice with the addition of Allen & Overy partner Varun Gupta.
US firms Kirkland & Ellis and Skadden Arps Slate Meagher & Flom snared the prize mandates on the $6.8bn (£4.12bn) sale of biopharmaceutical company Cephalon to rival drugs giant Teva.
Sullivan & Cromwell has represented Chrysler Group on a $1.27bn (£77m) purchase by Italian car maker Fiat of an additional 16 per cent stake in the US car giant.
Latham & Watkins, Shearman & Sterling and Weil Gotshal & Manges secured the lead mandates on The Priory Group’s acquisition of healthcare support provider Craegmoor Group.
Pinsent Masons has appointed a new head of corporate and tax to replace incumbent Gareth Edwards.
Clifford Chance and Linklaters have snared the prize mandates on the long-awaited IPO of commodities trader Glencore.
Slaughter and May corporate partner Jeff Triggs has been appointed as interim general counsel at Royal Mail Group following the departure of legal head Doug Evans.
Dewey & LeBoeuf has advised online auction site eBay on its acquisition of its Turkish counterpart Gitti Gidiyor Bilgi Teknolojileri Sanayi ve Ticaret Anonim Sirketi.
Clifford Chance and Slaughter and May have secured the leading roles on the latest international takeover of a Premier League football club following US businessman Stan Kroenke’s £731m offer for Arsenal.
Clifford Chance and Linklaters snared the prized mandates on the long-awaited IPO of commodities trader Glencore.
Proskauer Rose has ended more than a week of speculation by confirming its appointment of partners Russell Carmedy and Michael Nouril to its London office, following the pair’s departure from Jones Day.
A constricted UK deals pipeline has not eased in the first quarter (Q1) of 2011, according to latest M&A advisory league tables published by Thomson Reuters.
Allen & Overy (A&O) and SJ Berwin have taken the leading mandates on the $3.2bn (£1.96bn) sale of engineering group Converteam to General Electric.
Allen & Overy (A&O) and Herbert Smith have taken the mandates on a landmark outsourcing deal between Man Group and Citibank’s specialised outsourcing arm.
Ropes & Gray has made a significant move into the London private equity sector with the hire of DLA Piper European private equity chief Will Rosen.
Panel acts after public finds squirty cheese behemoth’s legacy hard to digest. By James Swift
Field Fisher Waterhouse (FFW) has advised on its third AIM flotation in the oil and gas sector in the space of six months.
Ropes & Gray lined up alongside a raft of leading UK and US firms on cable company Liberty Global’s proposed e3.16bn (£2.76bn) acquisition of Germany’s third-largest cable TV operator Kabel Baden-Württemberg (Kabel BW).
Slaughter and May and Wachtell Lipton Rosen & Katz secured the lead M&A roles on Colgate-Palmolive’s €672m (£590m) acquisition of the Sanex personal care brand from consumer products giant Unilever.
Cleary Gottlieb Steen & Hamilton, Clifford Chance and Dewey & LeBoeuf all landed roles on Finmeccanica’s sale of Ansaldo Energia.
Freshfields Bruckhaus Deringer, Hengeler Mueller, Latham & Watkins and Sullivan & Cromwell have secured roles on a e3.2bn (£2.76bn) joint takeover offer for engine-maker Tognum by Daimler and Rolls-Royce.
Magic circle pair Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have been joined by Spanish giant Uría Menéndez to guide Qatar Holding’s purchase of a €2.1bn stake in Iberdrola.
Pinsent Masons has boosted its partnership with the addition of a lawyer from SJ Berwin’s fund formation team.
CMS Cameron McKenna corporate partner Mike Jones has left the firm to join one of his clients, becoming general counsel at White Rose Energy Ventures, an oil exploration and production start-up focused on upstream exploration in West Africa.
North East outfit Muckle has advised a North East start-up on the acquisition of countryside clothing brand John Partridge.
Shearman & Sterling has won a major instruction from Tata Steel on a deal that will see the creation of around 800 jobs in the North East of England.
Allen & Overy (A&O), Ashurst, Clifford Chance and Freshfields Bruckhaus Deringer have all advised on sub-prime lender Cattles’ £2.3bn restructuring.
Allen & Overy (A&O) and Hogan Lovells have helped Rupert Murdoch’s News Corporation as its bid to take over satellite broadcaster BSkyB got the green light from the UK Government.
Linklaters and Simpson Thacher & Bartlett have taken the lead roles on the £4bn sale of E.ON’s UK electricity distribution business to Pennsylvania Power and Light (PPL).
Cleary Gottlieb Steen & Hamilton and Slaughter and May took the leading advisory roles on Diageo’s £1.3bn acquisition of Turkish spirits producer Mey Icki last week.
Norton Rose and Pinsent Masons have claimed the mandates for the sale of a controlling stake in Regal Petroleum to Ukrainian bidder Energees Investments.
Macfarlanes has landed a major new mandate advising the independent directors of BP’s Russian joint venture partner Alfa Access Renova (AAR) on their position following last month’s tie-up between the UK oil company and Russia’s state-owned Rosneft.
Allen & Overy (A&O) and Slaughter and May have taken the prize mandates advising John Wood Group on the $2.8bn (£1.7bn) sale of its oil well support division to General Electric (GE).
Herbert Smith has helped banknote printer De La Rue see off a hostile takeover attempt by French bidder Oberthur.
A quartet of international firms has scooped lead roles as French pharmaceutical giant Sanofi-Aventis finalised its $20.1bn (£12.47bn) acquisition of US company Genzyme.
Allen & Overy (A&O) and Slaughter and May have taken the prize mandates advising the John Wood Group on the $2.8bn (£1.7bn) sale of its Well Support Division to General Electric (GE).
A group of senior associates from Slaughter and May’s German best friend Hengeler Mueller have left the firm to launch their own corporate boutique.
Pinsent Masons and TLT Solicitors have been toasting their success after winning mandates on the £20m sale of Cornwall-based Sharp’s Brewery to Molson Coors.
Greenberg Traurig Maher (GTM), Herbert Smith and Sullivan & Cromwell are understood to have won mandates on the flotation of a £700m cash shell by billionaire investor Nicolas Berggruen.
With the focus on cost, single- jurisdiction firms are losing out. By Gavriel Hollander
Linklaters and Wachtell Lipton Rosen & Katz have claimed the leading M&A roles on the proposed merger between the US and German stock exchanges.
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer took the UK side mandates on the merger of the London Stock Exchange (LSE) and the owner of its Toronto counterpart.
Offshore firms Ogier and Carey Olsen joined magic circle firms Clifford Chance and Linklaters and French independent Bredin Prat on one of the biggest M&A transactions to complete so far this year.
Allen & Overy (A&O) and Hogan Lovells advised on Catalina Holdings’ acquisition of Swiss-based reinsurer Glacier.
Reed Smith has bolstered its London capital markets presence after hiring Gide Loyrette Nouel partner Scott Cameron.
Travers Smith has responded to pressure from clients to provide US securities advice by hiring its first US-qualified partner.
Weil Gotshal & Manges has hired corporate big-hitter Laurent Faugérolas from Willkie Farr & Gallagher’s Paris office.
Clifford Chance has shaken up its London corporate practice, splitting the group into three sector-based teams.
Eversheds has acted on a major deal in the healthcare property sector, winning the instruction after original adviser Hammonds was conflicted out.
Herbert Smith and SJ Berwin have taken the top mandates on the £342m recommended offer by Boparan Holdings for Northern Foods, as a bidding war continues for the UK food group.
Hogan Lovells and Stephenson Harwood took the key mandates on the £200m sale of the remaining shares in LoveFilm to Amazon.
Can BLP find its way out of the AIM ghetto to challenge the top tier?
Freshfields Bruckhaus Deringer and Linklaters have been handed the prize mandates on BP’s £10bn share swap with Russian state-owned oil giant Rosneft.
Hogan Lovells and Linklaters have secured instructions on the £260m sale of pension buyout house Paternoster to Goldman Sachs subsidiary Rothesay Life.
Freshfields Bruckhaus Deringer and Linklaters have been handed the prize mandates on BP’s £10bn share swap with Russia’s state-owned oil giant Rosneft.
Freshfields Bruckhaus Deringer and Slaughter and May have landed the lead mandates advising on Henderson’s purchase of fellow fund manager Gartmore.
Linklaters has confirmed that French M&A star Thierry Vassogne has died at the age of 59 after suffering a heart attack.
CMS Cameron McKenna has made a strategic hire into its capital markets practice with the appointment of Simmons & Simmons US securities partner Daniel Winterfeldt as head of its international capital markets group.
Hogan Lovells and Linklaters have advised on a major investment by Citi Infrastructure Investors (CII) in DP World’s Australia-based terminals business.
McGrigors has hired Linklaters associate Mark Waegner as a partner in its corporate team in London.
Allen & Overy’s Paris corporate head has quit the firm to set up a boutique practice dedicated to M&A and tax work.
2010 saw a slight upturn for corporate teams, especially those whose business is not heavily UK-based, says Gavriel Hollander
Hogan Lovells and Linklaters have advised on a major investment by Citi Infrastructure Investors in DP World’s Australian-based terminals business.
McGrigors won the mandate to sit across the deals table from Slaughter and May on the £607m sale of oil services company PSN to Aberdeen-based FTSE 250 company Wood Group.
Slaughter and May corporate partner Lucy Wylde has landed a permanent role as general counsel for HM Treasury’s Asset Protection Agency (APA).
Freshfields Bruckhaus Deringer has scooped Pervez Akhtar from magic circle rival Allen & Overy, making him its new Middle East corporate head .
Freshfields Bruckhaus Deringer corporate partner David Crook has resurfaced at US firm White & Case following a year-long break from fee-earning.
Taylor Wessing has hired SJ Berwin partner Tandeep Minhas to its financial institutions and markets group.
Cleary Gottlieb Steen & Hamilton and Herbert Smith’s German alliance firm Gleiss Lutz have acted on EDF’s €4.7bn (£3.98bn) sale of its 45 per cent stake in German energy company Energie Baden-Württember (EnBW) to the State of Baden-Württemberg.
Hammonds corporate partner David Hull has landed another major football mandate, advising former Portsmouth and Leicester City owner Milan Mandaric on the purchase of Sheffield Wednesday.
Akin Gump Strauss Hauer & Feld, Baker & McKenzie and Sullivan & Cromwell have won the prize mandates on the sale of BP’s stake in its Argentinian joint venture, Pan American Energy.
Debevoise & Plimpton and Olswang have secured the key mandates on the sale of BBC Worldwide’s 50 per cent interest in its global TV joint venture (JV), incorporating the channels Animal Planet and Liv, to Discovery Communications.
Ashurst corporate partner Steven Fox has quit the firm to take up partnership at Clifford Chance.
Mishcon de Reya has advised Russian supercar manufacturer Marussia Motors on its acquisition of a controlling interest in Manor Holdco, the parent company of the Formula 1 (F1) Virgin Racing team.
Debevoise & Plimpton and Norton Rose have landed the plum roles on Rockefeller Group’s acquisition of a 75 per cent stake in Europa Capital.
Paul Weiss Rifkind Wharton & Garrison partner Ted Wells has sealed victory for Citigroup in a court action brought by the founder of private equity group Terra Firma.
Howard Kennedy and Maples Teesdale have acted on the sale of Merton Studios, the former home of TV police drama The Bill.
A host of firms, including Cuatrecasas Gonçalves Pereira, Slaughter and May, Uría Menéndez and White & Case have acted on Qatar Holding’s $2.7bn acquisition of a 5 per cent stake in Banco Santander’s Brazil operation.
Clifford Chance and Sullivan & Cromwell head a bevy of leading firms with roles on Brit Insurance’s £888m sale to private equity houses Apollo and CVC.
Clifford Chance, Freshfields Bruckhaus Deringer and Herbert Smith have taken the leading roles on transport group Stagecoach’s purchase of the operating subsidiaries of the East London Bus Group.
With rivals trying to strike it rich by luring prize clients, Linklaters circles the wagons.
A&L Goodbody, Clifford Chance and Fried Frank Harris Shriver & Jacobson have landed the mandates advising private equity house Permira on its acquisition of a majority stake in Irish healthcare equipment manufacturer Creganna.
Olswang has snared a new client in the form of airport services group Dnata after acting for it on the £165m purchase of in-flight caterer Alpha Flight Group from Autogrill.
Law firms will always be willing to be players in lucrative soccer deals
Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell have taken the lead roles as Russian internet group Mail.ru last week began marketing its London IPO.
A sluggish global M&A market is showing signs of life, according to latest data on third-quarter deal activity.
Clifford Chance and Freshfields Bruckhaus Deringer have bagged roles on what could become one of the biggest private equity- backed initial public offerings (IPO) of 2010.
Shearman & Sterling, Slaughter and May and Weil Gotshal & Manges have netted the prize roles on the proposed takeover of Liverpool Football Club by the owner of US baseball franchise the Boston Red Sox.
US duo Akin Gump Strauss Hauer & Feld and Cleary Gottlieb Steen & Hamilton have landed the prize mandates on a deal to create a $21.5bn (£13.58bn) mobile phone group.
Freshfields Bruckhaus Deringer and Travers Smith have advised on CSG Systems’ offer for UK business support services (BSS) provider Intec Telecom Systems.
Hogan Lovells has landed a role advising Eurasian Natural Resources Corporation (ENRC), a client close to Herbert Smith, on the acquisition of a Brazilian minerals company.
Ashurst has won a major deal acting on the establishment of a new pan-Asian reinsurance business.
Cleary Gottlieb Steen & Hamilton and Freshfields Bruckhaus Deringer have been handed lead roles in Deutsche Bank’s proposed takeover of Deutsche Postbank.
DMH Stallard has hired the former corporate finance chief of Hogan Lovells legacy firm Lovells in the latest step in its plan to expand in London.
US firm Debevoise & Plimpton has expanded its London private equity practice with the hire of Travers Smith partner David Innes.
Eversheds, Freshfields Bruckhaus Deringer and Linklaters have assisted on the sale of a string of pubs up and down the country by brewer Mitchells & Butlers to Stonegate Pub Company.
Guildford-based firm Stevens & Bolton has advised real estate agents Countrywide, LSL Property Services and Connells Group in their strategic tie-up with leading property website zoopla.co.uk.
Austrian firm Schoenherr has established a compliance and white-collar crime team to target companies damaged by the criminal acts of employees and third parties, as well as companies facing criminal charges.
Top Iberian law firms Cuatrecasas Gonçalves Pereira, Garrigues and Uría Menéndez all scored roles on Telefónica’s e7.5bn (£6.16bn) purchase of Portugal Telecom’s 50 per cent stake in Brasilcel.
Danish firm Danders & More has merged with Copenhagen transaction boutique NSR Advokatfirma.
SJ Berwin and Travers Smith have bagged roles on the AIM listing of Zimbabwean investment company Masawara.
US firms Davis Polk & Wardwell and Jenner & Block have landed the top roles on General Motors’ initial public offering (IPO).
Hammonds corporate partner David Hull has acted on a second major football deal in a week after advising on a £4m investment in West Ham United.
Jones Day is advising Canadian fertiliser company Potash Corporation of Saskatchewan (PotashCorp) on the defensive of a $39bn hostile takeover bid from Anglo-Australian mining company BHP Billiton.
Dorsey & Whitney has bolstered its London office with the hire of Brown Rudnick corporate partner Roger Gregory as partner.
Hammonds has advised Leicester City FC on its acquisition by consortium Asia Football Investments.
Linklaters and Weil Gotshal & Manges bagged the leading roles on the £2bn sale of a majority stake in RBS’s Global Merchant Services arm to private equity houses Advent International and Bain Capital.
Ashurst has made the first hire into its City corporate department since 2008 with the capture of Nabarro financial services regulation head Rob Moulton.
Banco Santander has launched a revamp of its external legal advisers with the introduction of a series of ’soft panels’ to sit underneath its main legal roster.
For the UK’s top corporate practices 2009-10 was very much a case of plus ça change, plus c’est la même chose, with dealflow still in decline and competition for the work that remains as tough as ever.
Akin Gump Strauss Hauer & Feld has hired a corporate partner from Hogan Lovells in Moscow.
Travers Smith has landed a prime role in the establishment of the first high street bank in the UK for more than 100 years.
Allen & Overy’s (A&O) New York office has hired capital markets partner Ed De Sear as a partner in its international capital markets (ICM) group.
Slaughter and May and Linklaters are advising on Santander’s purchase of 318 high street branches from the Royal Bank of Scotland, mainly in the north west of England.
The latest Hemscott rankings for legal advisers on AIM see Pinsent Masons retaining a slender advantage in terms of total client numbers, with LG boasting a healthy lead in terms of market capitalisation.
Magic circle duo Clifford Chance and Freshfields Bruckhaus Deringer have bagged the leading mandates advising on the €2bn (£1.7bn) merger of online gaming sites PartyGaming and bwin.
Baker & McKenzie has advised Thailand-based Boon Rawd Brewery in its £6m sponsorship deal with Manchester United FC.
Eversheds is advising IT infrastructure outfit Dimension Data in its £2.1bn proposed takeover by Nippon Telegraph and Telephone Corporation (NTTC).
Travers Smith has bagged a lead role advising on the creation of a new banking venture that will target state-owned assets.
Ashurst, Ropes & Gray and Sullivan & Cromwell have scored major roles on one of the largest European private equity buyouts of the year - the €1.2bn (£1bn) sale of Belgian manufacturing company Ontex to Goldman Sachs PIA and TPG Capital.
Freshfields Bruckhaus Deringer has begun a pilot scheme to allow associates to take advantage of a suite of alternative working arrangements, including job-sharing, as part of its ongoing employee engagement programme.
The outcome of the Stonham v Ramrattan appeal could set a precedent for the treatment of matrimonial homes in insolvency cases.
A recent court ruling has left the door open for parties to dispense with the registration of a floating charge via the use of a security financial collateral arrangement. But its application is likely to be very narrow.
Can niche players retain their go-to status as City firms start to circle?
Slaughter and May has scored a new mandate advising builders’ merchant Travis Perkins on its £558m takeover of BSS Group.
Freshfields Bruckhaus Deringer has snared a leading role acting for BP in its defence of any potential takeovers in the wake of the Gulf of Mexico oil disaster.
Forsters former corporate head Jeremy Whiteson has left the firm to join West End rival Fladgate.
Linklaters and Norton Rose are working alongside their Indian best friends to advise on the sale of RBS’s Indian retail and commercial banking business to HSBC.
Allen & Overy (A&O) and Weil Gotshal & Manges have scored plum roles on the sale of regulatory and compliance solutions provider Complinet to Thomson Reuters.
Clifford Chance has elected Simon Tinkler as its new London corporate chief after David Pearson completed two terms in the role.
Dechert, Field Fisher Waterhouse and Slaughter and May have landed roles on Schroders’ acquisition of a 49 per cent stake in asset management company RWC Partners.
Ashurst has completed a major revamp of its corporate management structure with Stephen Lloyd taking up the newly created role of global corporate head.
Herbert Smith’s German alliance partner Gleiss Lutz has taken over Hamburg corporate boutique Rittstieg Rechtsanwälte to launch its sixth German office.
Burges Salmon has hired Taylor Wessing’s head of restructuring and corporate recovery Patrick Cook as a partner in its corporate turnaround and insolvency team.
Big business has its work cut out as worldwide M&A deals decline. By Andrew Pugh
Eversheds and Linklaters have advised on a crucial pension recovery agreement between British Airways (BA) and its two final salary pension funds that should clear the way for the airline’s merger with Iberia.
LG and TLT have potted leading roles on promoter Barry Hearn’s acquisition of the commercial rights of the World Professional Billiards and Snooker Association (WPBSA).
Magic circle duo Freshfields Bruckhaus Deringer and Linklaters have bagged the leading roles on the sale of RBS’s UAE retail banking business to Abu Dhabi Commercial Bank (ADCB).
Hill Dickinson has grown its corporate team with the appointment of Hammonds partner Ian Gillis.
Herbert Smith and Skadden Arps Slate Meagher & Flom have won the leading roles on News Corp’s £7.8bn bid to buy up the remaining shares in BSkyB.
Allen & Overy (A&O) and Linklaters have helped beverage company Britvic in its acquisition of a French rival, in a move that gives it a foothold in the substantial French soft drinks market.
Ashurst and Freshfields Bruckhaus Deringer have landed the key mandates on Swiss engineering group ABB’s recommended offer for power equipment supplier Chloride.
City firm insists it is still a major force despite loss of top talent.
Addleshaw Goddard has appointed Jonathan Watson as legal director of its financial regulation practice.
?Chicago firm emulates Weil Gotshal with UK investment.
Clifford Chance, Freshfields Bruckhaus Deringer, Hogan Lovells and Simpson Thacher & Bartlett have snared top roles on the proposed £800m flotation of zombie life assurance fund Phoenix Group.
Eversheds and Olswang have acted for the two sides in a tie-up that will see the creation of Europe’s second-largest tissue producer.
Ashurst has lost two corporate partners to the City office of US firm Kirkland & Ellis.
Hammonds has been instructed by vocational training provider Melorio to advise on its £99.3m takeover approach from Pearson.
Stephenson Harwood corporate partner Andrew Edge has scored his first major deal since moving from Ashurst earlier this year after advising India’s Piramal Healthcare on the $3.7bn (£2.57bn) sale of its pharmaceutical unit to Abbott Laboratories.
BIRMINGHAM-based ’virtual’ law firm Lawyers for Business (LfB) has advised Patriot Aerospace on its acquisition of Coventry Airport.
CLIFFORD Chance, Freshfields Bruckhaus Deringer and Weil Gotshal & Manges have lined up to represent competing bidders on the auction of RBS’s payment processing arm, with Linklaters winning the mandate on the sale side.
Cuatrecasas Gonçalves Pereira and Garrigues have advised on €4.2bn (£3.63bn), three-way merger between Spain’s savings banks.
Herbert Smith and Linklaters have taken leading roles on the £3.3bn cash call by energy provider National Grid.
Allen & Overy (A&O) and Clifford Chance joined a trio of US firms on Man Group’s $1.6bn (£1.1bn) acquisition of hedge fund GLG partners in a deal that has seen the creation of a combined entity with $63bn of assets under management.
Weil Gotshal & Manges, Clifford Chance and Uria Menendez have claimed leading roles on Spanish telecoms operator ONO’s €3.5bn (£3bn) refinancing package.
Herbert Smith and Slaughter and May have taken lead roles on Prudential’s delayed $21bn (£14.6bn) rights issue, which will provide part funding for its acquisition of American International Group’s (AIG) Asian insurance arm AIA.
Nabarro’s gaming team has advised Sportingbet on its £343m move from AIM to the main market.
CMS Cameron McKenna, Freshfields Bruckhaus Deringer, Hogan Lovells and Norton Rose have won mandates advising on various aspects of the sale of the Tube Lines consortium to Transport for London (TfL).
Herbert Smith and Latham & Watkins have bagged lead roles on the £1.5bn sale of Harrods to the investment arm of the Qatari Investment Authority (QIA).
Ashurst and Simpson Thacher & Bartlett have bagged leading roles on the proposed takeover of private equity firm Candover by Canadian pension fund Alberta Investment Management Company (Aimco).
Latham & Watkins’ recent push into the recruitment market has already paid dividends after the US firm secured the lead role for new client Norsk Hydro on its $4.19bn (£2.78bn) acquisition of Vale’s aluminium business.
A wide range of deals in face of adversity creates contenders.
Veteran Macfarlanes partner Tim Lewis has left the firm to join Clifford Chance’s global corporate practice.
Allen & Overy (A&O), Cleary Gottlieb Steen & Hamilton and Herbert Smith led a clutch of firms advising on Bank of Ireland’s (BoI) €3.4bn (£2.9bn) integrated debt and equity capital raising.
China’s private equity market is presenting both opportunities and challenges for international funds as the domestic players make their presence felt in an increasingly fertile environment.
Dewey & LeBoeuf and Hogan & Hartson have landed the key roles acting for Kingdom Holding Company (KHC) on its $370m (£240.42m) acquisition of the remaining shares in Kingdom Hotel Investments (KHI).
Nabarro has claimed a prize mandate acting for winning bidder General Dynamics (GD) following the award of a multibillion-pound Ministry of Defence (MoD) contract, it is understood.
Freshfields Bruckhaus Deringer has landed a lead role ahead of go-to adviser Shearman & Sterling on Daimler’s tie-up with Renault and Nissan.
Macfarlanes, Simmons & Simmons and Travers Smith have bagged the mandates on the merger of the private equity arms of investment managers Gartmore and Hermes.
The tie-up between British Airways (BA) and Iberia has been rubber stamped with Norton Rose and Slaughter and May landing the UK mandates.
Bird & Bird has bolstered its corporate team with the hire of two partners from Orrick Herrington & Sutcliffe.
Freshfields Bruckhaus Deringer has landed a lead roll ahead of go-to adviser Shearman & Sterling on Daimler’s tie-up with Renault and Nissan.
The M&A market is yet to show signs of a full recovery, but what work there is is now being spread more evenly between the magic circle and its rivals
Freshfields Bruckhaus Deringer grabbed a prize mandate advising Chinese company Zhejiang Geely Holding Group on its $1.8bn (£1.21bn) acquisition of Volvo from the Ford Motor Company.
Freshfields Bruckhaus Deringer and Hogan & Hartson have bagged lead roles in Ford’s sale of its Volvo business to China’s Zheijang Geely Holding Group for $1.8bn (£1.21bn).
EU investment restrictions and tough regulations are only a matter of time.
Herbert Smith has bagged a prize mandate acting for transport group Arriva on its prospective takeover by Deutsche Bahn.
Baker & McKenzie and Mayer Brown have hit the jackpot after landing the advisory mandates on the agreement to sell National Lottery operator Camelot to the Ontario Teacher’s Pension Plan (OTPP).
Akin Gump Strauss Hauer & Feld and Baker & McKenzie bagged leading roles in the state-owned China National Offshore Oil Corp’s (CNOOC) $3.1bn (£2.1bn) investment in Argentinian oil producer Bridas.
Halliwells has appointed a new partner to its London corporate recovery team as others leave the office.
Slaughter and May has made up two new partners for the second year running, with just one of the two based in its London head office.
Osborne Clarke has bagged a leading role advising new client French Connection on the sale of fashion label Nicole Farhi to private equity group OpenGate Capital.
Lovells has formed a social enterprise unit that offers pro bono advice across its international offices to the not-for-profit and fair trade sectors.
K&L Gates has strengthened its corporate capabilities in London with the hire of two partners.
Magic circle duo Clifford Chance and Linklaters have landed prime roles in the hostile takeover bid for VT Group by rival Babcock International.
Stephenson Harwood has continued to bolster its corporate practice with the hire of Ashurst partner Andrew Edge.
Video Test 5: You Tube video
Debevoise & Plimpton and Slaughter and May have landed prize roles on Prudential’s proposed $35.5bn (£23.9bn) purchase of American International Group’s (AIG) Asian insurance business.
Debevoise & Plimpton and Slaughter and May have landed prize roles on Prudential’s proposed $35.5bn (£23.9bn) purchase of American International Group’s (AIG) Asian insurance business.
Debevoise & Plimpton and Slaughter and May have landed prize roles on Prudential’s proposed $35.5bn (£23.9bn) purchase of American International Group’s (AIG) Asian insurance business.
Field Fisher Waterhouse (FFW) and Olswang have grabbed starring roles on a tie-up between NBC Universal and Working Title Films to create a new television production company.
Jeremy Parr is set to take over as Linklaters corporate head when David Barnes stands down in April.
Taylor Wessing has fielded a seven-partner deal team on its mandate to advise longstanding client esure on the motor insurance group’s £185m private equity-backed management buyout from Lloyds Banking Group.
M&A lawyers have reacted with scepticism to the announcement that the Takeover Panel is to launch a consultation on the rules governing hostile takeover bids.
Clifford Chance and Freshfields Bruckhaus Deringer have landed roles on the €5bn (£4.39bn) restructuring of Spanish real estate group Inmobilaria Colonial’s debt.
Allen & Overy (A&O) and Dewey & LeBoeuf have claimed advisory roles on the sale of News Corporation’s (News Corp) Bulgarian terrestrial TV business.
Addleshaw Goddard and Norton Rose have grabbed headline roles on the sale of Guardian Media Group’s (GMG) regional media business to Trinity Mirror.
Freshfields Bruckhaus Deringer and SJ Berwin have taken key roles on the $775m (£489m) sale of private equity house Pantheon to Affiliated Managers Group (AMG).
Herbert Smith and Linklaters have won roles alongside India’s AZB & Partners on Indian company Bharti Airtel’s $10.7bn (£6.8bn) bid for the African business of Kuwaiti telecoms group Zain.
Clifford Chance has hired the founder of Ashurst’s Tokyo office Alan Kitchin to head its corporate and projects practice in the Japanese capital.
Linklaters and SJ Berwin have claimed key roles for sovereign wealth fund Chinese Investment Corporation’s (CIC) $956m (£611m) investment in Apax Partners.
Allen & Overy (A&O), Ashurst, DLA Piper, Freshfields Bruckhaus Deringer and Osborne Clarke have bagged roles on the demerger and subsequent £1bn refinancing of Carphone Warehouse and TalkTalk.
DLA Piper has beefed up its corporate crime team with the appointment of Peters & Peters partner Jo Rickards.
Allen & Overy (A&O), Ashurst, DLA Piper, Freshfields Bruckhaus Deringer and Osborne Clarke have bagged roles on the demerger and subsequent £1bn refinancing of Carphone Warehouse and TalkTalk.
Does the decision by Russia’s aluminium giant Rusal to list in Hong Kong rather than London mean a shift in IPOs to the east? Dimitry Afanasiev looks at the evidence.
Linklaters head of corporate David Barnes is set to stand down in April as the fixed terms of a number of key management figures come to an end.
Allen & Overy (A&O) global co-head of corporate Richard Cranfield has stepped into the role of chairman of the practice, with London corporate chief Andrew Ballheimer taking his place in the firmwide role.
US firm Cleary Gottlieb Steen & Hamilton has lost two London-based partners with capital markets partner Ashar Qureshi and competition partner Shaun Goodman both leaving the firm.
Clifford Chance and Slaughter and May have been handed the mandates to advise on New Look’s IPO in a deal that is expected to raise £650m for the company.
Clifford Chance, DLA Piper, Ogier and Travers Smith led the way on a £440m investment by private equity house Intermediate Capital Group (ICG) in legal process outsourcer CPA Global.
Weil Gotshal & Manges has bagged a role advising Advent International on the £190m acquisition of pension and employment benefit group Xafinity from Duke Street Capital.
Pinsent Masons has retained its place at the top of Hemscott’s quarterly AIM rankings, maintaining the greatest number of AIM clients in the final quarter of 2009.
Ashurst corporate partner David Kershaw will leave the firm after 28 years to go back to university.
Dewey & LeBoeuf has landed lead roles on two major acquisitions by longstanding client Bank Audi.
Clifford Chance has lost out to Simpson Thacher & Bartlett on Kohlberg Kravis Roberts’ (KKR) £955m buyout of retailer Pets at Home, with partner Adam Signy giving M&A advice to the US private equity house.
Vinson & Elkins has hired White & Case capital markets partner Sami Al-Louzi to further develop its Middle East practice.
Shadbolt is to disband next month, with the bulk of its partnership set to join Clyde & Co.
Although no one is banking on a return to the boom of 2006, the general consensus is that, at least as far as the buyout market is concerned, 2010 is a time to believe
Herbert Smith’s ongoing relationship with Nortel administrator Ernst & Young (E&Y) has borne more fruit for the firm, with a multijurisdictional group of partners advising on the sale of several businesses.
Linklaters and Shearman & Sterling have landed lead roles on UniCredit’s €4bn (£3.48bn) rights issue.
A clutch of UK and US firms are celebrating after the board of Cadbury gave the green light to Kraft’s approved offer for the British chocolate maker.
Allen & Overy’s (A&O) Dubai office has bagged a mandate acting for the Libyan Investment Authority (LIA) on its Can$317m (£190m) acquisition of Canadian-listed oil and gas exploration company Verenex.
SJ Berwin has advised existing client Arques Industries on the sale of two British motoring businesses, both of which were acquired in the previous 14 months.
Denton Wilde Sapte and TLT Solicitors have secured lead roles on Virgin Money’s first venture into the banking sector through its offer to buy private bank Church House Trust.
Salans has beefed up its German restructuring practice with the hire of former Ashurst partner Dietmar Schulz.
Weil Gotshal & Manges has delivered the goods for Home Delivery Network (HDN) on its acquisition of DHL Domestic from German rival Deutsche Post DHL.
Freshfields Bruckhaus Deringer and Slaughter and May have taken lead advisory roles on China Pacific Insurance’s $3.1bn (£1.9bn) IPO.
Figures attained from Companies House filings have revealed the extent to which the financial crisis has hit partnership levels at mid-tier City firms.
Allen & Overy, Clifford Chance and Freshfields Bruckhaus Deringer have bagged leading roles on one of Europe’s biggest private equity deals since the Lehman bankruptcy in September 2008.
Greenberg Traurig Maher (GTM) has bulked up its corporate and securities capabilities with the hire of SJ Berwin corporate partner Laura O’Neill.
SJ Berwin has clinched a lead role advising one new and one existing client on part of a £16m investment in pharmaceutical company Oxagen.
Slaughter and May has reestablished its position as the leading firm for FTSE100 companies, pushing Linklaters down into second place.
Collyer Bristow has landed the mandate to act for longstanding client Avia Health Informatics on its acquisition of the Plain Software Company and £1.2m admission on AIM.
Freshfields Bruckhaus Deringer has bagged the key role acting for new corporate client the Gartmore Group on its £250m IPO.
Former Kirkland & Ellis restructuring specialist Lyndon Norley is to join Greenberg Traurig Maher (GTM) in London next month as the US-headquartered firm continues to build its UK operation.
Freshfields Bruckhaus Deringer has bagged the key role acting for new client The Gartmore Group on its £250m IPO.
Ashurst and Nabarro have bagged advisory roles on property developer Quintain’s £191m rights issue.
Linklaters and Slaughter and May have bagged mandates on JPMorgan’s £1bn buy-out of the remaining half of UK broker Cazenove.
Field Fisher Waterhouse has landed a role advising film entertainment company Handmade on a fundraising to allow it to buy intellectual property assets from the Duchess of York.
Norton Rose and Slaughter and May have bagged advisory roles on British Airways’ proposed £4.4bn merger with Spanish carrier Iberia.
Clifford Chance, Denton Wilde Sapte and Simmons & Simmons have acted on the creation of a new exchange-traded currency (ETC) platform.
Ashurst and Freshfields Bruckhaus Deringer have been mandated to act on National Express’ £360m cash call.
Indian firms Khaitan & Co and Bharucha & Partners have advised on The Blackstone Group’s acquisition of a Rs3bn (£40m) stake in logistics company Gateway Rail Freight.
Baker & McKenzie has advised new client Centamin Egypt on its primary listing and admission to the main market of the London Stock Exchange.
Freshfield Bruckhaus Deringer and Slaughter and May have snared lead roles on Barclays’ £226m acquisition of Standard Life Bank.
They’ve been blamed for the financial crisis, but hedge funds now face their biggest challenge. By Kit Chellel
Allen & Overy (A&O), Freshfields Bruckhaus Deringer and Slaughter and May have advised on the sale of Gatwick Airport, Britain’s second-busiest airport.
Corporate and litigation lawyers are the most likely to see an upsurge in work over the next six months, according to a survey of City partners carried out by search firm Nicholas Scott.
Latham & Watkins partner Nigel Campion-Smith has advised commercial litigation investor Burford Capital on its listing on the Aim.
Clifford Chance has advised on the sale of the O2 entertainment site at Greenwich to Trinity College Cambridge for £24m.
Ashurst and Herbert Smith have secured the top advisory roles in the proposed £100m rights issue by retail chain JJB Sports.
Greenberg Traurig Maher (GTM) has hired Dundas & Wilson partner Ewan Robertson to bulk up its corporate capabilities.
Mayer Brown corporate partner Rob Hamill has led a team advising on the sale of Portsmouth Football Club, just six weeks after advising on its purchase.
Simpson Thacher & Bartlett acquisition finance veteran Tony Keal is retiring at the end of this calendar year, with the firm nominating recently promoted partner Ian Barratt to take over the key Kohlberg Kravis Roberts (KKR) relationship in London.
Linklaters and Slaughter and May have been called in to act on a £275m rights issue by betting group Ladbrokes.
Freshfields Bruckhaus Deringer has re-shuffled its corporate leadership following the appointment of Ed Braham as global head of corporate in July.
Mayer Brown corporate partner Rob Hamill has led a team from the firm advising on the sale of Portsmouth Football Club - six weeks after advising on its purchase.
Washington DC-headquartered Crowell & Moring has bolstered its London office with a hire from fellow US firm Debevoise & Plimpton.
UK law firms anticipate a much-needed resurgence in the industry. By Kit Chellel
Simmons & Simmons has advised underwriters JPMorgan Cazenove and Numis on a £82m fundraising for student housing company Unite Group.
Norton Rose and corporate boutique City Law have won instructions on a deal to secure the future of the BMW Sauber Formula 1 (F1) team.
The Stafford Hotel, home to the famous American Bar in Mayfair, has been sold to an Egyptian investment group, leading to instructions for Clifford Chance and Trowers & Hamlins.
Allen & Overy (A&O) corporate partner David Wootton has been elected as Sheriff of London.
Herbert Smith has advised Credit Suisse and UBS as joint sponsors, joint bookrunners and placing agents on Barratt Development’s £720m rights issue, which was announced today.
Allen & Overy (A&O) star German corporate partner Rolf Koerfer has left the firm for partnership at Linklaters spin-off Oppenhoff & Partner.
Competition teams at Clifford Chance and Norton Rose are striving to make a tie-up between Orange UK and T-Mobile UK work as their European parents try to create the UK’s largest mobile phone operator.
Clifford Chance and Norton Rose are advising on the potential merger of T-Mobile UK and Orange UK in a deal that would create the largest mobile phone operator in the UK.
Clifford Chance has bagged a lead role advising Kraft on its $16.7bn bid for Cadbury.
Barclays has hired Herbert Smith corporate partner Michael Shaw as its deputy general counsel.
Dewey & LeBoeuf has won a lead role advising Russian company Redbell on its purchase of oil company Timan Oil & Gas.
Linklaters has joined Slaughter and May as the top legal adviser to FTSE 100 companies.
Dorsey & Whitney and Covington & Burling were the key legal advisers in the AIM flotation of Indian Energy, only the fourth company to be admitted to the alternative market this year.late
Simon Fuller’s celebrity management agency 19 Entertainment has bought a majority stake in the Storm model agency, leading to instructions for Charles Russell and Field Fisher Waterhouse (FFW).
Linklaters has retained its place as the largest corporate practice in the UK, according to figures compiled for The Lawyer’s UK 200 Annual Report 2009.
Rapidly growing Greenberg Traurig Maher (GTM) has snared a brace of capital markets partners from White & Case.
Linklaters and Slaughter and May have taken the key advisory roles as Resolution completes its £1.86bn takeover of Friends Provident.
Macfarlanes and Lovells won key advisory roles on ITV’s sale of loss-making social networking site Friends Reunited.
London corporate partner Ed Braham has been appointed as global head of corporate at Freshfields Bruckhaus Deringer.
Clifford Chance, Freshfields Bruckhaus Deringer and Hengeler Mueller have picked up lead roles advising on the merger of German car companies Volkswagen (VW) and Porsche.
A group of UK and US firms has landed key roles advising on the $2.1bn (£1.28bn) recapitalisation of the Icelandic banking sector.
Lovells has been instructed by a group of former Babcock & Brown staff who have bought out the failed firm’s €2.2bn (£1.9bn) European infrastructure fund.
Orrick Herrington & Sutcliffe and Slaughter and May are advising as talks continue between Centrica and North Sea gas producer Venture Production.
Slaughter and May looks set to advise long-standing client British Airways (BA) on an anticipated £500m rights issue.
Baker & McKenzie and Sullivan & Cromwell have won lead roles on Rio Tinto’s $1.2bn (£740m) sale of its US packaging business.
Bloomsbury Publishing has agreed to buy Tottel Publishing, leading to instructions for Field Fisher Waterhouse (FFW) and Stephenson Harwood.
Vinson & Elkins is advising Chinese oil company Sinopec International Petroleum Exploration and Production Corporation on its proposed $8.8bn (£5.3bn) takeover of Addax Petroleum.
Macfarlanes and Norton Rose have been called in to advise on the potential merger of Lloyd’s insurers Brit Insurance and Chaucer Holdings.
Ashurst’s corporate practice missed budget by around 20 per cent for the last financial year, dropping to around £60m.
The consortium attempting to take control of Portsmouth Football Club has dumped legal adviser Hammonds midway through the bidding process.
Slaughter and May has advised longstanding client Punch Taverns on a £350m rights issue, the second of its kind in the pub industry.
Two magic circle firms have secured lead roles on Sainsbury’s £445m capital raising.
Slaughter and May has advised Punch Taverns on the sale of 11 managed pubs to Greene King for £30.4m.
Clifford Chance, Linklaters, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have led the legal advisers on the $13.5bn (£8.2bn) sale of Barclays Global Investors (BGI) to BlackRock.
Herbert Smith has won a place alongside the regular advisers in a deal that will see mining giant Rio Tinto strike up a joint venture with rival BHP Billiton and raise $15.2bn (£9.37bn) in a rights issue.
US firm Shearman & Sterling has won a lead role advising on the acquisition of General Motors business Hummer.
A raft of firms have won roles advising on the restructuring of the European arm of car manufacturer GM, which filed for bankruptcy in the US yesterday (1 June).
BMI BRITISH Midland chairman Sir Michael Bishop has drafted in Linklaters to try to force rival airline Lufthansa to complete its planned takeover of the company.
Freshfields Bruckhaus Deringer has been instructed by South African company MTN Group to advise on its merger with mobile operator Bharti Airtel.
THE HONG Kong arm of Reed Smith has advised on one of the largest Asian IPOs this year, winning an instruction from China Zhongwang Holdings on its $1.3bn (£800m) listing on the Hong Kong Stock Exchange.
Denton Wilde Sapte and Olswang have won roles advising troubled sports broadcaster Setanta as it attempts to renegotiate broadcast rights and restructure its business.
Herbert Smith and Ashurst have won places on the $457m (£303m) cash call made by platinum miner Lonmin.
Clifford Chance and Linklaters have scored lead roles on Travis Perkins’ £300m rights issue.
Linklaters and Herbert Smith have won instructions in a £2.3bn deal that saw British Gas owner Centrica buy a 20 per cent stake in nuclear energy group British Energy.
The UK is one step closer to having a new generation of nuclear power stations, following the successful acquisition of three sites by potential developers.
Associate careers special: corporate and finance most prevalent in partnership rounds despite recession
Slaughter and May has won a choice instruction from 3i over its impending rights issue.
A trio of us firms have scored lead roles on DirecTV’s merger with Liberty Media Corporation.
Candover Investments, the listed-arm of the UK private equity group, has appointed its first general counsel, hiring Philip Price from hedge fund SRM Global.
Clifford Chance London private equity partner Simon Cooke is relocating to the firm’s Hong Kong office to work alongside Hong Kong private equity head Andrew Whan.
SJ Berwin has secured its largest mandate from CVC Capital Partners, acting for the private equity group on negotiations to buy Barclays subsidiary iShares after regular adviser Clifford Chance was conflicted out.
CMC Markets has asked selected firms on its UK panel to take part in a beauty parade as it looks to draw up an international roster to deal with its overseas expansion.
As the fortunes of AIM decline, mid-sized firms have been taking advantage of buoyancy in the Plus market to boost their corporate coffers. Kit Chellel reports
Herbert Smith has launched an insolvency and restructuring practice in Hong Kong after hiring Appleby partner Michael Barker.
Magic circle firm Linklaters has promoted 18 to its partnership, favouring London on a regional basis and corporate on a practice group basis.
Linklaters has seen off competition from Slaughter and May to advise platinum miner Aquarius on its $191m (£134.67m) fund-raising and all-share offer for rival Ridge Mining.
Insurance group Pearl is cutting back its legal function following its £5bn takeover of rival Resolution.
SJ Berwin has reinforced its move towards becoming an international firm by setting up an office in Dubai less than a month after launching in Hong Kong.
The company behind Southampton Football Club has fallen into administration, leading to instructions for DLA Piper, Clarke Willmott and Dundas & Wilson.
Ashurst’s former corporate head Roger Finbow has joined the Competition Commission as a reporting panel member along with Linklaters partner Tony Morris.
Orrick Herrington & Sutcliffe and Slaughter and May have been appointed to advise on talks between Centrica and North Sea gas producer Venture Production.
Osborne Clarke has advised Haynes Publishing on the sale of its book production business to JF Print, which was advised by Thring Townsend.
HSBC rights issue has seen Norton Rose steal a march on its magic circle rivals.
Freshfields Bruckhaus Deringer, Shearman & Sterling and Skadden Arps Slate Meagher & Flom are advising on the sale of a $2.7bn (£1.9bn) stake in Daimler to Middle East investors.
DLA Piper, Halliwells and Herbert Smith have won places advising troubled retailer JJB Sports on the sale of its gym business and restructuring package.
Premier Oil has agreed to buy Oilexco North Sea for $505m (£344m), rescuing it from administration and leading to mandates for Allen & Overy (A&O), Clifford Chance, Herbert Smith and Slaughter and May.
Salans is offering a four-day working week to staff in some departments, becoming the latest firm to propose flexible working in response to the economic downturn.
Slaughter and May has billed the Government more than £22m since the start of the credit crunch, pocketing £4m in a single month at the height of the crisis.
Slaughter and May earned £9.4m in fees from the collapse and nationalisation of Northern Rock, it was revealed today.
Allen & Overy (A&O) Dubai-based alumnus Pervez Akhtar has returned to the magic circle firm after defecting to private equity house Abraaj Capital last year.
Berwin Leighton Paisner (BLP) has hired private equity heavyweight Raymond McKeeve in a boost for the firm’s ambitious corporate practice.
This year the private equity industry has been delivering a clear message to governments around the world: far from being a cause of the current crisis, it is an important part of the solution. In the UK at least, that message has not fallen on deaf ears.
Berwin Leighton Paisner (BLP) managing partner Neville Eisenberg has pledged to expand the firm’s corporate practice as an “absolute priority”, following his election for a fourth term.
Eversheds has landed a place alongside a host of US firms in a deal to spin off the ;European ;private equity business of Lehman Brothers.
A quartet of US firms have won lead roles on Merck’s $41bn (£27.77bn) bid for pharmaceuticals rival Schering-Plough.
As private equity house Apax embarks on its search for a general counsel, the sector’s lawyers are abuzz with who might land the plum in-house role.
A quartet of US firms has won lead roles on Merck's $41bn acquisition of pharmaceuticals rival Schering-Plough.
Nearly half the lawyers working at private equity houses are having their salaries ;significantly enhanced through receiving shares of fund’s profits.
Ashurst has selected private equity partner Stephen Lloyd as managing partner of its corporate practice. He replaces Roger Finbow, who is due to retire at the end of the year. Finbow has been a partner at Ashurst since 1985 and corporate managing partner for five years. He announced that he was going to stand down in January 2008. Adrian Clark remains the European head of corporate at the firm.
Leading corporate lawyers have spoken out against the politicisation of the debate over regulation of Europe’s private equity and hedge fund industries, which is expected to form a critical part of the agenda in the forthcoming European elections.
Leading Spanish independent firms Cuatrecasas and Uría Menéndez have scored the lead roles on Italian energy company Enel’s e11.1bn (£9.94bn) takeover of Spanish giant Endesa.
Norton Rose has won a trophy mandate from key client HSBC, advising on its £12.5bn rights issue.
Davis Polk & Wardwell and Shearman & Sterling have been handed the lead mandates on the restructuring of Ford Motor Company's debt.
Davis Polk & Wardwell, Sullivan & Cromwell and Weil Gotshal & Manges have secured lead roles on the restructuring of US insurance giant AIG.
Freshfields Bruckhaus Deringer and Herbert Smith have been called in to advise on building supplies company Wolseley's upcoming £1bn rights issue.
Private equity group Apax Partners is set to hire its first global general counsel, joining a growing list of funds employing dedicated in-house lawyers.
Mosaic Fashions, which owns retail chains including Karen Millen and Oasis, went into administration today, with DLA Piper winning the instruction.
Clifford Chance has bagged a role as the only UK firm on the Abu Dhabi state-owned International Petroleum ;Investment Company’s (Ipic) $2.3bn (£1.58bn) purchase of Canada’s Nova Chemicals Corporation.
Norton Rose takes lead on HSBC rights issue" /Norton Rose has won a trophy mandate from key client HSBC, advising on its £12.5bn rights issue.
Herbert Smith advised Bank of Scotland on a $300m (£206.13m) loan facility to oil and gas exploration and production company Dana Petroleum.
CMS Cameron McKenna is advising the receivers of two Antiguan companies owned by Texan billionaire Allen Stanford.
Land Securities has turned to stalwart adviser Slaughter and May on its £755.7m rights issue.
Ashurst has secured a key instruction frm William Hill over its plan to raise £1.2bn in a rights issue and debt facility, alongside Allen & Overy (A&O) and Skadden ;Arps ;Slate Meagher & Flom.
The negotiations over the fate of debt-ridden estate agent Countrywide have pulled in a dizzying array of legal advisers.
Putting houses in order is becoming the mainstay of law firms’ private equity work, says Kian Ganz.
A trio of US firms has snared lead roles advising on Citigroup’s recapitalisation.
Freshfields, Halliwells, Linklaters and Slaughters have landed key roles ahead of the potential takeover of Countrywide, the UK’s largest residential estate agency.
Land Securities has turned to stalwart adviser Slaughter and May for advice on its £755.7m rights issue.
Italian energy company Eni drew entirely on its in-house legal team when disposing of EUR 4.7bn (£4.18bn) worth of subsidiaries, amid a plan to drastically cut its future legal spend.
Allen & Overy (A&O) has beefed up its US restructuring group after hiring lawyers from Cadwalader Wickersham & Taft and King & Spalding.
Mayer Brown has appointed Ian McDonald to head its eight-partner insolvency team in London.
SJ Berwin and White & Case have bagged roles as key advisers on the collapse of Baugur, which was placed into administration following a ruling by the High Court.
Linklaters private equity partner Ian Bagshaw is working across the table from former colleagues at his old firm Clifford Chance on the restructuring of Italian boatbuilder Ferretti’s debt.
Russian gold producer Peter Hambro Mining has turned to Norton Rose partner Simon Cox for advice on its proposed merger with iron ore company Aricom, from which it demerged in 2003. Cox also advised Peter Hambro on a share placing that raised $105m (£74.16m) for the company.
Barlow Lyde & Gilbert (BLG) has picked up a choice mandate for reinsurer Abbey Life Assurance Company on a £1.5bn insurance portfolio sale to Pacific Life.
Freshfields Bruckhaus Deringer has cemented its relationship with British Land by acting on the group's £740m rights issue.
Clifford Chance, Linklaters lead on Rio Tinto deal" /Clifford Chance and Linklaters have taken lead roles in the Chinese government's $19.5bn (£13.5bn) cash injection into mining group Rio Tinto.
Lovells’ decision to parachute London-based corporate partner Nick Parden into Dubai as joint office head is part of a strategic refocus of the firm’s Middle East presence.
Mishcon de Reya has signed up to a legal advice helpline, with two of its lawyers giving advice via online business support site Smarta.
Pinsent Masons and Mills & Reeve have landed spots on Trafficmaster’s legal panel, knocking previous advisers ;Addleshaw Goddard and Lewis Silkin off the list.
US firm Skadden Arps Slate Meagher & Flom has launched a number of practice groups in London in a bid to insulate its business against changing market conditions.
Wragge & Co has advised the Italian parent company of UK optician chain Dollond & Aitchison on the brand’s merger with Boots Opticians.
Weil Gotshal & Manges corporate partner Marco Compagnoni has reprised his role for Daily Telegraph owners Sir David and Sir Frederick Barclay, advising the brothers on their acquisition of the Woolworths brand.
White & Case has won a role alongside SJ Berwin on the collapse of Baugur, which was placed into administration following today’s High Court ruling.
Allen & Overy (A&O), Clifford Chance and White & Case have advised on the Abu Dhabi Government's 16bn AED (£2.98bn) bail-out of five local banks.
SJ Berwin has won a choice instruction from PwC administrators Tony Lomas and Zelf Hussain, who have been asked to take control of Icelandic investment group Baugur.
At a time when transactions are few and far between, airline deals have been keeping their advisers busy, what with Ryanair looking to buy Aer Lingus then changing its mind, and British Airways’ talks with Qantas reaching a similar conclusion.
Waning life sciences market prompts firm’s hunt for new corporate partners.
Weil Gotshal & Manges corporate partner Marco Compagnoni has reprised his role for Daily Telegraph owners Sir David and Sir Frederick Barclay, advising the brothers of their acquisition of the Woolworths brand.
Denton Wilde Sapte has won a role advising the administrators of European hotel chain the Real Hotel Company.
Olswang: second redundancy round, 45 to go" /Olswang has launched a second redundancy consultation and is proposing to cut 45 jobs.
Mining group Xstrata is set to launch a £4.1bn rights issue, leading to mandates for magic circle rivals Freshfields Bruckhaus Deringer and Linklaters.
Corporate partner Martin Kitchen has been named as the new chairman of Denton Wilde Sapte, following a contested election with a total of three contenders.
Cadwalader Wickersham & Taft has scored a lead role on US drug manufacturer Pfizer’s $68bn (£49.8bn) acquisition of rival Wyeth, the biggest M&A deal in the world for months.
Mobile phone giant Orange has left Bevan Brittan out of its new-look panel.
A group of elite City firms has won roles on a possible private sector investment in Royal Mail, with Slaughter and May advising the potential target.
CMS Cameron McKenna has been instructed by the government of the Czech Republic on the privatisation of state-owned carrier Czech Airlines.
The Daily Mail and Russian oligarch Alexander Lebedev have called on Freshfields Bruckhaus Deringer and Simmons & Simmons to advise on the sale of the Evening Standard.
O'Melveny & Myers has hired a former director of private equity house Actis to bulk up its Asia practice.
Allen & Overy and Slaughter and May have won lead legal roles in Britannia Building Society’s merger with Co-op Financial services, creating a £70bn so-called super-mutual group.
Irish firm Arthur Cox has been called in by the Irish Government to work on the nationalisation of Anglo Irish Bank.
Herbert Smith has won another instruction on an administration with a Canadian element, advising Ernst & Young (E&Y) on the administration of the European businesses of Canadian telephone manufacturer Nortel Networks.
Slaughter and May has cemented its close ties to the Treasury, advising on the Government's latest bank bailout package as well as a further governmental investment in Royal Bank of Scotland (RBS).
Being the top lawyer at a company active in 120 countries is no easy task, but G4S’s Søren Lundsberg-Nielsen has worked hard to create unity across the group.
Bird & Bird has boosted its Frankfurt office with the hire of two partners, taking Wolfgang Hess and Sven-Erik Heun from Lovells and Willkie Farr & Gallagher respectively.
McGrigors and Kirkland & Ellis have scored the lead roles on the wind-down of a £434m fund containing the Bank of Scotland’s investments in UK PFI/PPP infrastructure assets. Almost half of the fund was sold to a group of four UK pension fund investors. The McGrigors team advising the Bank of Scotland was led by partner Michael Watson with assistance from partner Euan McVicar. Kirkland & Ellis ...
Olswang take prime roles on £100m New Star sale" /Lovells and Olswang have won key finance mandates as bidders circle troubled asset management group New Star.
Herbert Smith is advising Ernst & Young on the administration of one of the first oil companies to fall victim to the credit crunch.
Niche Birmingham insolvency firm Lewis Onions has been instructed in the administration of clothing chain Viyella – the recession’s latest high street casualty.
Its clients are being taken over, but the firm remains a big hitter in the sector.
It was one of the biggest deals of the past 12 months and, excluding the banking mergers hastily agreed last autumn, one of the largest since the credit crunch began in 2007.
K&L Gates has opened a new German office in Frankfurt with the hire of two Simmons & Simmons partners.
Linklaters and Slaughters have been handed roles on RBS's $2.34bn (£1.6bn) sale of its entire stake in Bank of China, raising $2.34bn (£1.6bn) for the troubled lender.
CMS Cameron McKenna has been instructed by RWE on a long-term joint venture with E.ON that will see the German utilities build nuclear power stations in the UK.
A trio of US firms have snared lead roles advising on the merger of Morgan Stanley Wealth Management and Citi’s Smith Barney.
Ashurst has landed the latest retail insolvency, having been called in by the administrators of Land of Leather.
JMW has launched a corporate recovery and insolvency department with the recruitment of a former Halliwells partner.
Clifford Chance and O’Melveny & Myers jointly advised emerging markets private equity house Actis on a $2.9bn (£1.99bn) fundraising for Actis Emerging Markets 3. Partners Jason Glover and Ed Gander and associate Peter Olds led the Clifford Chance team. O’Melveny & Myers was led by UK partners John Daghlian and Solomon Wifa and included US partners Luc Moritz and Kathy Sanders.
DLA Piper kept busy as slump continues to hit UK businesses" /DLA Piper bagged roles on three high-profile administrations as businesses across the UK continued to succumb in the pre-Christmas period.
Addleshaw Goddard and Muckle led the legal involvement in the administration and subsequent rescue of menswear retailer Officers Club.
Linklaters has been named as adviser to Deloitte on the administration of luxury goods maker Waterford Wedgwood.
The administrators for ailing retail chain Adams Childrenswear have appointed Hammonds as legal counsel.
Mid-market firms are working their clearing bank contacts.
Slaughter & May and Linklaters have helped Land Securities and property business Telereal reach an agreement on the sale of Land Securities Trillium.
Cadwalader Wickersham & Taft has lost two bankruptcy partners, including its co-chair of restructuring Bruce Zirinsky, to Greenberg Traurig.
Sonnenschein Nath & Rosenthal has won the lead role on the sale of US bank IndyMac after hiring 100 Thacher Proffitt & Wood lawyers.
Linklaters has been named adviser to the administrator of another failing UK business, with Deloitte instructing the firm on the administration of luxury goods maker Waterford Wedgwood.
Small and mid-size legal teams given short shrift as downturn prompts ‘flight to quality’.
Eversheds, Norton Rose and Rosenblatt have snared key roles in a deal to secure a new funding package for construction of Europe's tallest building.
Clifford Chance and O'Melveny & Myers have jointly advised emerging markets private equity house Actis on a rare fundraising in persistently challenging markets.
General Motors has turned to Weil Gotshal & Manges and Dewey & LeBoeuf for advice on potentially filing for Chapter 11 bankruptcy protection.
White & Case's bid to launch a judicial review over the Government's decision not to refer the Lloyds TSB-HBOS merger to the Competition Commission has failed.
Weil Gostshal & Manges and Clifford Chance have snared lead roles advising on the sale of AIG Private Bank to Abu Dhabi investment group Aabar Investments PSJC.
The deals may have all but disappeared, but for private equity lawyers there isstill plenty to be getting on with. The first article in this private equity special report highlights how the knowledge of private equity solicitors can be essential to clients who need assistance ...
In recent months attention has focused on the potential demise of private equity resulting from the lack of leverage available to finance transactions.
Reports on the private equity market over the past few months have made for depressing reading for those in the fund raising industry.
With deals in markedly short supply, these are challenging times for private equity transaction lawyers – but their clients have more need of their skills than ever, says Jonathan Wood.
The collapse of BHP’s bid for Rio Tinto leaves big firms’ big billers at a loose end.
Baker & McKenzie has won a mandate to help set up a $5bn (£3.4bn) eco-friendly private equity fund run by former Man Group chief executive Stanley Fink.
Latham & Watkins, Mayer Brown and Wachtell Lipton Rosen & Katz have snared key roles advising on US bank Capital One’s acquisition of Chevy Chase Bank.
Slaughter and May and SJ Berwin have profited from their longstanding ties with British Airways (BA) and Qantas, advising the two respective airlines on their proposed merger.
Irish firms A&L Goodbody and Arthur Cox have reprised their roles for Ryanair and Aer Lingus respectively as the former prepares to make another attempt to buy the latter.
Latham & Watkins has shaken up its Middle East management structure – replacing its regional partner Rindala Beydoun in favour of London partner Bryant Edwards.
Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down.
Firms experience a changing of the guard as key partners move on or into management.
Troubled furniture chain MFI has gone into administration, despite a last-ditch rescue attempt by its management, with Speechly Bircham getting the call from administrators MCR.
Linklaters advise on Woolies administration" /The administrators of Woolworths have called on Freshfields Bruckhaus Deringer and Linklaters to help wind up the stricken retail giant.
The rumour mill on Cadwalader Wickersham & Taft has gone into overdrive in recent weeks, with estimates on the firm’s drop in profit ranging from 20 per cent right up to 65 per cent.
Denton Wilde Sapte, Ashurst and the London office of Gibson Dunn & Crutcher have scored the lead mandates on the two management buyouts of consulting company Kroll’s UK corporate advisory and restructuring practice.
Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn M&A deal as Mitsubishi Rayon swoops on UK chemicals company Lucite.
SJ Berwin advised CPC Group on its sale to the Qatari Diar Real Estate Investment Company of Project Blue (Guernsey) Holdings, the joint venture company redeveloping the Chelsea Barracks site in London.
Slaughter and May and Linklaters have sewn up the lead roles in Standard Chartered's £1.78bn rights issue to existing shareholders.
Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout.
Slaughter and May has teamed up with best friends Davis Polk and Spain's Uria Menendez to work on Banco Santander's E7.2bn(£9.2bn) rights issue.
Gide Loyrette Nouel has edged out Clifford Chance and Willkie Farr & Gallagher to score its first French instruction from defence company EADS in five years.
Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn deal as Mitsubishi Rayon swoops for UK chemicals company Lucite.
Milton Keynes firm EMW Law has merged with London international corporate boutique Picton Howell, taking the first step in its radical expansion plan.
Pinsent Masons continues to lead the way in terms of the number of AIM clients, with DLA Piper and
Ashurst, Milbank, Slaughters land roles on Porterbrook sale" /A trio of City firms have scooped instructions on one of the largest leveraged buy-outs this year, after a consortium of banks and investors bought rolling stock leasing company Porterbrook Leasing Company from Abbey.
Trophy clients are vital if the firm is to compete with Ashurst and Herbert Smith.
A&O and Addleshaws have squared up on a fourth building society deal, A&O advising Skipton on its takeover of Addleshaws client Scarborough.
Pinsent Masons and LG have boosted their Aim practices despite the turmoil engulfing the financial markets.
Corporate crises present opportunities to put compliance programmes at the heart of board strategy, leading in-house lawyers told delegates at The Lawyer’s global compliance conference last week (29 and 30 October).
Allen & Overy (A&O) and Bird & Bird are the latest firms to win instructions resulting from Iceland’s banking crisis, acting on the sale of Kaupthing Singer & Friedlander’s (KSF) UK investment management business.
Halliwells has launched a redundancy consultation with 10 banking and corporate fee-earners, citing a fall in deal flow and overcapacity as the cause.
The core of Heller Ehrman’s London corporate team is poised to join Orrick Herrington & Sutcliffe before the end of the week.
The new head in-house lawyer at Hamilton Bradshaw, the private equity fund run by James Caan of hit BBC show Dragons’ Den, is set to appoint the company’s first formal panel within three months.
Freshfields Bruckhaus Deringer associate George Swan has taken on the role of operations officer in the firm’s corporate practice management team. Swan replaces Richard Thexton, who was the first associate to hold the position.
Bredin Prat is advising French state railways group SNCF on its acquisition of a 20 per cent stake in Italian train operator Nuovo Trasporto Viaggiatori. A three-partner team from Bredin Prat is advising SNCF, while Italian firm Gianni Origoni Grippo & Partners is advising on Italian law aspects. Managing partner and law firm founder Francesco Gianni is leading the team. Bonelli Erede Pappalardo partner Carlo Montagna is advising the founders of Nuovo Trasporto Viaggiatori.
Norton Rose advises HSBC on Indonesian bank buyout" /Norton Rose has won an instruction from HSBC over the purchase of Indonesian lender Bank Ekonomi for $608m (£351m).
Allen & Overy and Addleshaw Goddard were the main legal advisers in the merger of Barnsley Building Society with regional rival Yorkshire Building Society.
Macfarlanes is reviewing the performance of its lawyers amid difficult conditions for its core corporate and real estate practices.
Squire Sanders & Dempsey secured a major role in the negotiations between the UK and Iceland following the fall of Icelandic bank Landsbanki.
Clifford Chance private equity partner Matthew Layton will today be voted into the post of global corporate head.
Cleary Gottlieb Steen & Hamilton has joined in the sale of struggling Benelux bank Fortis, securing the instruction for BNP Paribas on its €14.5bn (£11.3bn) offer.
Davenport Lyons has acted for yacht brokerage company Yachting Partners International (YPI) in its sale to BRS Yachting.
Latham & Watkins poaches seven A&O Hong Kong partners" /Allen & Overy (A&O) has lost a quarter of its Hong Kong office partners as seven corporate partners including its regional corporate head have defected ...
Denton Wilde Sapte, Freshfields Bruckhaus Deringer and Slaughter and May have snared key roles as the UK arms of two Icelandic banks at the heart of the ...
Cleary Gottlieb wins role in Fortis bank sale" /Cleary Gottlieb Steen & Hamilton has joined in the acquisition of struggling Benelux bank Fortis, bagging the instruction for BNP Paribas on its €14.5bn (£11.3bn) offer.
Fox Williams has recruited corporate partner Nick Sayers from Lane & Partners, which has just merged with Bird & Bird.
Ashurst, Salans, SJ Berwin and Speechly Bircham have been handed leading roles in the rescue of troubled home furnishing MFI with an eleventh hour management buyout.
As legal counsel at private equity house Aureos Advisors, Sarah Clinch often has to work in countries with little, if any, legislation for financial deals.
Herbert Smith's Benelux ally Stibbe has landed a role on the bailout of another Belgian bank, acting for the authorities on the nationalisation of Dexia.
Davis Polk & Wardwell, Skadden Arps Slate Meagher & Flom and Sullivan & Cromwell have scored lead roles on Citigroup’s acquisition of Wachovia’s banking operations.
Ashurst, Herbert Smith and Slaughter and May have been handed leading roles in the rescue package for Bradford & Bingley.
Clifford Chance private equity partner Matthew Layton is running unopposed for the role of global corporate head at the firm, with nominations set to close this week.
US firm Mintz Levin Cohn Ferris Glovsky and Popeo is to move into bigger offices in London as it seeks to build up its reputation for corporate and IP in the UK capital.
Pinsent Masons has hired former Eversheds partner Peter McHugh to head its commercial practice.
Simmons & Simmons advised the Ministry of Defence (MoD) on the £257m sale of its entire ordinary shares in defence technology ;company QinetiQ.
Bristol firm TLT Solicitors has advised social enterprise organisation ECT Group on the disposal of 16 subsidiaries in a restructure aimed at clearing the charity’s debts.
The finance team at Norton Rose has scored the lead role advising Samena Capital on the launch of its $200m (£108.25m) Special Situations Fund.
Freshfields Bruckhaus Deringer has joined the raft of firms advising on Japanese bank Nomura's acquisition of Lehman Brothers' investment banking business in Europe, the Middle East and Asia.
Sullivan & Cromwell chairman Rodgin Cohen has landed a role advising JPMorgan on its acquisition of failed US bank Washington Mutual.
Linklaters and Cleary Gottlieb Hamilton & Steen have each bagged their fourth major instruction in relation to the fall-out on Wall Street.
Sullivan & Cromwell and Munger Tolles & Olson have snared the lead roles on Warren Buffett’s $5bn (£2.7bn) cash injection in Goldman Sachs, announced yesterday (23 September).
Clifford Chance, Herbert Smith, Shepherd & Wedderburn and Slaughter and May have tied up the £12.5bn sale of power giant British Energy to EDF.
Bain Capital and Hellman & Friedman have turned to longstanding advisers for their joint acquisition of Lehman Brothers’ investment management unit.
Ashurst’s senior partner elect, Charlie Geffen, said that the future of Ashurst’s business lies overseas, pledging a major expansion in Asia.
The groans of the US’s fourth-largest bank and a Scottish heavyweight as they unceremoniously fall to their knees. The rustle of papers in cardboard boxes as they are carried through swishing revolving doors.
Shearman & Sterling’s New York office advised longstanding client Merrill Lynch on its $50bn (£28.06bn) sale to Bank of America (BofA) over the weekend.
Cravath Swaine & Moore and Davis Polk & Wardwell won places advising on the creation of the $70bn (£39.29bn) liquidity facility set up by leading investment banks in the aftermath of Lehman Brothers’ collapse.
Linklaters bagged the biggest UK instruction on the Lehman collapse, advising four Pricewaterhouse-Coopers (PwC) partners on the administration of Lehman Brothers International (Europe).
Finance remains the focus but grand plan to take on the magic circle bites the dust.
US insurance giant AIG drafted in Sullivan & Cromwell to advise it on its $20bn (£11.23bn) lifeline from ;New ;York ;State regulators.
Kirkland & Ellis and Willkie Farr & Gallagher have snared lead roles on MidAmerican Energy’s $4.7bn (£2.6bn) acquisition of Constellation Energy.
Sullivan & Cromwell land key AIG roles" /Davis Polk & Wardwell and Sullivan & Cromwell have landed lead roles on the US government $85bn bail out of AIG.
Allen & Overy (A&O) is to open in Munich after the hire of Shearman & Sterling's global co-head of tax and one of the US firm's rising M&A stars.
Allen & Overy has bagged the lead instruction advising struggling mortgage lender HBOS in its reported merger talks with Lloyds TSB.
Clifford Chance thrashed out the details of Barclays' acquisition of Lehman Brothers' investment banking and capital markets arms for a consideration of £1bn.
Slaughter and May is set to open an office in Beijing, in a rare international push by the elite City firm.
Shearman & Sterling's New York office has advised long-standing client Merrill Lynch on its $50bn (£28bn) sale to Bank of America over the weekend.
The FSA has invested heavily in trying to clean up financial crime, but only results will justify that investment.
The Serious Fraud Office (SFO) director Richard Alderman has had a rough ride since taking over the role from Robert Wardle in April.
Eversheds and Debevoise & Plimpton were the lead legal advisers as British engineering company Bodycote sold its testing business to a US private equity investor for £417m.
Slaughter and May on Cowdery’s Resolution IPO" /Veteran entrepreneur Clive Cowdery has turned to longstanding adviser Slaughter and May for advice on the IPO of his latest venture, financial services business Resolution.
Wachtell Lipton Rosen & Katz has scored the lead role on the US government’s seizure of beleaguered mortgage giants Fannie Mae and Freddie Mac.
Corporate partners at Addleshaw Goddard and Allen & Overy (A&O) are slated to seal Nationwide’s takeover of the Cheshire and Derbyshire Building Societies in record time.
As pretty much every lawyer is fond of pointing out, there is nothing more important than a strong client relationship.
Clifford Chance is on the other side of the table to Debevoise & Plimpton in Aon Corporation’s proposed £935m takeover of London-listed insurer Benfield Group.
The relationship between Shearman & Sterling German managing partner Georg Thoma and Allianz board member Paul Achleitner has paid off, with the firm winning an instruction on the insurer’s sale of Dresdner Bank.
Hand-me-down approach to accounts helps younger partners climb the corporate ladder
Clifford Chance has boosted its Paris tax team with the hire of French judge Laurent Vallée as of counsel.
Clifford Chance and Herbert Smith have come up against each other in Adecco’s pursuit of UK-listed recruitment company Michael Page.
Former Macquarie Group division director Amy Mahon has rejoined Clifford Chance as a partner in the magic circle firm’s corporate department.
Freshfields Bruckhaus Deringer’s corporate department was given a shake-up earlier this year when Mark Rawlinson took over from Tim Jones as head (The Lawyer, 31 March).
Ashurst is advising UK biotech company Protherics after it announced several takeover approaches from unnamed parties.
Clifford Chance and Freshfields Bruckhaus Deringer won the lead roles on BAA’s £13.3bn refinancing.
Orrick Herrington & Sutcliffe has hired Mayer Brown's global restructuring, bankruptcy and insolvency co-chair for its New York office.
Cadwalader Wickersham & Taft has suffered its first partner defection since it laid off 96 people in July (as reported by The Lawyer 30 July).
Clifford Chance and Freshfields Bruckhaus Deringer have landed the leading roles in BAA's £13.3bn refinancing deal.
Clifford Chance has significantly bolstered its Indian group with the hire of a capital markets partner from top Indian firm Amarchand & Mangaldas & Suresh A. Shroff & Co.
Private equity star Charles Barter is to leave Travers Smith to join Bridgepoint Capital, one of the firm's key private equity clients.
Leading UK biotechnology company Protherics has called on Ashurst as it embarks on takeover talks.
Collins Stewart, the UK’s largest stockbroker, has called on Rosenblatt Solicitors as it considers a multi-million-pound takeover bid.
CMS Cameron McKenna’s fledgling Ukraine office has won an instruction from start-up airline Wizz Air Ukraine.
Linklaters has waded into the multibillion-pound battle for control of nuclear power station operator British Energy.
Allen & Overy (A&O) has edged out magic circle rival Clifford Chance to win the lead role advising Spanish airline Iberia on its proposed merger with British Airways (BA). A&O Madrid managing partner Inigo Gomez-Jordana is running the team along with London corporate partner Alan Paul. Clifford Chance had ...
Ashurst to send Green to Hong Kong" /Ashurst is to launch its first-ever office in China and has picked current senior partner Geoffrey Green to spearhead the initiative.
Former Fladgate corporate head Nicolas Greenstone has been reprimanded by the Solicitors Regulation Authority (SRA) for actions that led to a £27m fraud.
Shearman & Sterling's former German legacy firm, Schilling Zutt & Anschütz (SZA), has re-hired corporate partner Stephan Brandes from McDermott Will & Emery six months after he left.
Allen & Overy (A&O) has edged out magic circle competitor Clifford Chance to win the lead role advising Spanish airline Iberia on its proposed merger with British Airways (BA).
The world’s elite firms are jostling for position on Kohlberg Kravis Roberts’s (KKR) landmark dual listing in Amsterdam and New York.
Two US firms have snared lead roles on Swiss pharmaceutical group Roche’s $43.7bn (£21.88bn) bid for US drug giant Genentech.
A duo of US firms have snared lead roles on Swiss pharmaceutical group Roche's $43.7bn (£21.88bn) bid for US drug giant Genentech.
Travers Smith managing partner Chris Carroll has predicted more woe for M&A lawyers after the corporate-heavy firm saw its average profit per equity partner (PEP) fall by more than 7 per cent last year.
Nabarro has called on the silver circle for its latest lateral hire, signing up Travers Smith corporate partner Alasdair Steele.
Kirkland & Ellis has muscled in on the Co-op’s £1.57bn takeover of Somerfield, winning a mandate from former Linklaters client Somerfield.
Three magic circle firms have scored plum roles on the financing of InBev's $52bn (£26.12bn) acquisition of US drinks company Anheuser-Busch, the makers of Budweiser beer. Allen & Overy (A&O) secured bank mandates advising BNP Paribas, Deutsche Bank and JPMorgan on Anheuser-Busch's financing.
Nabarro signs up Travers partner for corporate push" /Nabarro has called on the silver circle for its latest lateral hire, signing up Travers Smith corporate partner Alasdair Steele.
A trio of magic circle firms has scored plum roles on the financing of InBev’s acquisition of Budweiser producer Anheuser-Busch.
Slaughter and May and Allen & Overy (A&O) have bagged lead roles on Banco Santander's £1.25bn recommended offer for Alliance & Leicester.
CMS Cameron McKenna, DLA Piper and Eversheds have been called into action as Danish furniture chain Ilva puts its UK business into administration.
Several months before Shearman & Sterling corporate star Peter King quit for Weil Gotshal & Manges (The Lawyer, 7 July), a former ...
Ultimate deal machine can ride out M&A dip with European investment into the US, says Kit Chellel
DLA Piper’s Cologne office has poached a corporate team of two partners and three associates from White & Case in Düsseldorf.
Denton Wilde Sapte has advised Cadogan Petroleum on a London Stock Exchange (LSE) IPO to raise finance for its Ukrainian drilling programme.
Clifford Chance has won its first major UK mandate from Nokia, as the mobile phone giant moves to take over mobile software company Symbian.
Corporate practices at magic circle firms have been rocked by dramatic falls in big-ticket M&A during the first half of 2008.
Shearman & Sterling’s London office has been hit with a further loss, with corporate star Peter King set to join Weil Gotshal & Manges.
Irish firm William Fry has appointed Myra Garrett to succeed Brendan Cahill as managing partner.
Dickson Minto and Willkie Farr sign alliance" /Private equity firms Dickson Minto and Willkie Farr & Gallagher have entered into a strategic alliance aimed at upping both their profiles either side of the Atlantic.
Former Slaughter and May partner Laura Carstensen has joined magic circle firm Linklaters as a consultant in the competition and antitrust practice
Clifford Chance has ramped up its white-collar crime capabilities with the hire of Russell Jones & Walker (RJW) financial fraud star Judith Seddon.
US firm Duane Morris has moved into a new London office to pave the way for the expansion of its core practice areas. The firm is targeting litigation, insurance, corporate, IP, insolvency and employment as areas of growth in the City. London co-managing partner Susan Laws said: "The much-improved office space will allow us to continue to support the growing interest in the London legal market from our US, Singapore and Vietnam offices." The new office is next door to the old premises ...
Macfarlanes experienced muted growth over the past 12 months, with turnover rising by 6.7 per cent while average profit per equity partner (PEP) remained static at £1.1m.
Gibson Dunn & Crutcher and Simpson Thacher & Bartlett have won lead roles on the Blackstone Group's 1.6bn Dollars (£815.68m) acquisition of Apria Healthcare.
DLA Piper has scored a role on one of the biggest pharmaceutical deals of the year, lining up alongside Skadden Arps Slate Meagher & Flom in the 6.7bn Dollars(£3.42bn) merger of US biotech suppliers Invitrogen and Applera Corporation. DLA Piper acted for the buyer, Invitrogen, led by San Diego-based ...
Travers Smith has set its sights on traditional Slaughter and May client Ashtead Group, the FTSE250 tool rental company, after advising it on the £95.6m auctioning off of its offshore oil and gas equipment business.
Allen & Overy, Clifford Chance and Norton Rose have scooped lead roles on Barclays' £4.5bn share issue.
Olswang was the surprise winner of the Mid-market Corporate Firm of the Year at The Lawyer Awards 2008 last night.
Herbert Smith has appointed a London corporate partner to head its Singapore office.
City lawyers have warned of chaos over the Financial Services Authority's (FSA) new rules on short selling, following fierce criticism of the regulatory body's handling of the issue.
Addleshaw Goddard, CMS Cameron McKenna and Macfarlanes have won key roles in the estimated £340m secondary buyout of rail logistics company Freightliner Group.
DLA Piper has scored a role in one of the biggest pharmaceutical deals of the year, lining up alongside Skadden Arps Slate Meagher & Flom in the $6.7bn (£3.4bn) merger of US biotechnology suppliers Invitrogen and the Applera Corporation.
The Financial Services Authority (FSA) has provoked a storm of protest from City law firms with its new rules on short-selling.
Skadden Arps Slate Meagher & Flom partners Paul Schnell and Tom Greenberg have been unveiled as the partners leading the firm on the iconic InBev acquisition of Anheuser-Busch acquisition.
Scottish-headquartered firm McGrigors has made up three partners across its UK network a week after it emerged that former managing partner Colin Gray is to leave the firm for a fee-earning role at Eversheds.
Freshfields Bruckhaus Deringer and Slaughter and May have been handed places on the £2.2bn merger of market research giants Taylor Nelson Sofres (TNS) and Germany's GfK. Freshfields corporate partner Jeff Roberts led the team representing UK-based TNS. GfK was advised by Slaughters ...
Shearman & Sterling and Greenberg Traurig scooped lead roles advising on a Brazilian $2.5bn equity offering.
A trio of US firms has scooped lead roles advising Verizon Wireless on its $28.1bn (£14.3bn) acquisition of network operator Alltel.
Allen & Overy (A&O) and Linklaters have won mandates on the A$13.6bn (£6.6bn) takeover battle for Australian-listed gas company Origin Energy.
Hammonds has won a hat trick of contract deals for football clubs, including advising Manchester City on the sacking of manager Sven-Goran Eriksson.
Arnold & Porter has boosted its London office with the hire of Geneva-based Winston & Strawn corporate partner Carl Liederman.
Freshfields Bruckhaus Deringer and Slaughter and May have been handed places on the £2.2bn merger between market research companies Taylor Nelson Sofres (TNS) and Germany's GfK.
Eversheds" /McGrigors’ former managing partner, Colin Gray, has left the firm for a role at Eversheds, where he will be joined by McGrigors banking partner Colin McKay.
Linklaters has won a role alongside Cleary Gottlieb advising US private equity giant Texas Pacific Group (TPG) on its £150m investment in UK bank Bradford & Bingley.
In the past three months several of the FTSE100's biggest names have fallen victim to takeovers, leaving City firms to wave goodbye to some of their most prized clients.
Two more Freshfields Bruckhaus Deringer partners have relocated to the Middle East, with Charles July and Ian Poynton joining Bob Charlton in Dubai.
News that the Gaz de France (GdF) works council has issued its formal opinion on the proposed e67bn (£53.07bn) merger between French utility company Suez and GdF allows the companies to proceed to board and shareholder approval.
McGrigors has scored a coup for new client OPG Power Ventures, floating the Indian power plant business on AIM.
Three US firms won roles on UK private equity house Lion Capital's $600m (£303.58m) purchase of Russian Alcohol. Weil Gotshal & Manges corporate partner Ian Hamilton, London managing partner Michael Francies and tax partner Sarah Priestley represented Lion Capital. Russian Alcohol instructed Hogan & Hartson Paris corporate partner Xenia Legendre, while the Central European Distribution ...
Cravath Swaine & Moore and Paul Weiss Rifkind Wharton & Garrison snared lead roles on Time Warner's $9.25bn (£4.68bn) spin off of its cable television operations. Longstanding adviser Cravath advised Time Warner on the deal, which has separated the media conglomerate from Time Warner Cable. Corporate relationship partner Richard Hall led the team. Paul Weiss corporate partners Ariel Deckelbaum and Robert Schumer led the team advising Time Warner Cable.
Allen & Overy's (A&O) Amsterdam office has scored a lead role on one of the biggest corporate deals to hit the Netherlands this year, advising Corporate Express on its e1.7bn (£1.35bn) takeover of wholesaler Lyreco.
Field Fisher Waterhouse (FFW) and Simmons & Simmons have won places on the sale of UK-based baked goods producer Eurobuns to Scandinavian giant ;Lantmannen Unibake.
Ashurst and Hammonds have joined the £1bn takeover battle for kitchen equipment maker Enodis. The London-listed company, advised by Ashurst corporate partners Richard Gubbins and Anthony Clare, has received a £1.03bn cash offer from Illinois Tool Works (ITW). ITW has turned to Hammonds corporate partners Giles Distin, Jane Haxby, Richard Burns and Simon Gordon to oversee the bid, which is set to ...
CMS Cameron McKenna is working opposite Linklaters on the sale of major Eastern European warehouse operator Pinnacle Real Estate to Islamic investment fund Arcapita.
A trio of US firms have been handed roles as UK private equity house Lion Capital buys Russia’s biggest vodka brand in a deal worth $600m (£303m).
US firms Cravath Swaine & Moore and Paul Weiss Rifkind Wharton & Garrison snared lead roles on Time Warner’s $9.25bn spin off of its cable television operations.Long standing advisers Cravath advised Time Warner on the deal, which will see the...
Los Angeles-based Gibson Dunn & Crutcher has moved to fill one of the gaps in its international network by opening an office in Singapore.
Simmons & Simmons has advised German ship designer TGE Marine AG on its entry to AIM in one of the largest flotations on the alternative market this year.
Allen & Overy (A&O) and Ashurst have guided Imperial Tobacco through its £4.9bn rights issue, which was announced today.
Irwin Mitchell h a s poached Howard Kennedy corporate partner Andrew Woolf.
Dickson Minto has scotched Willkie Farr & Gallagher’s plans to build a transatlantic private equity powerhouse. The Anglo-Scottish firm ruled out a merger, vowing to stay independent.
If US-style equity offerings cross the Pond the magic circle will be ready.
Irish firm Matheson Ormsby Prentice and William Fry are representing NTR and Kilsaran Concrete on the sale of Irish Broadband to Imagine Communications for €47m (£37.35m).
Freshfields Bruckhaus Deringer, Osborne Clarke and Simpson Thacher & Bartlett scooped lead roles on Carphone Warehouse’s $1.1bn (£564.47m) alliance with US electronics retailer Best Buy, which ...
Bird & Bird corporate partner Simon Fielder has landed an advisory role in the MBO of international recruitment consultant GRS Group, having previously acted for its new chief executive Ken Brotherston.
Ashurst, Hammonds and Linklaters have lined up to fight the £1bn takeover battle for kitchen equipment maker Enodis.
K&L Gates merges with Taiwan firm" /US firm K&L Gates has announced a merger with Taiwanese firm J&J Attorneys-at-law, strengthening its Asian capabilities.
Freshfields and Linklaters have won places on the £4bn listing of Mexican silver giant Fresnillo on the London Stock Exchange in the second largest IPO of the year.
Nabarro partner Ian Flowers has moved over to Reading firm Pitmans to establish a London-based pensions team.
Squire Sanders & Dempsey has relaunched its office in Ukraine after taking an eight-lawyer team from its former local ally The Silecky Firm.
Norton Rose has landed a deal for its first Mongolian-based client, advising oil company Petro Matad on its AIM listing.
While some corporate lawyers have reportedly been twiddling their thumbs since the credit crunch took hold, Macfarlanes started 2008 with a couple of stellar deals.
Freshfields corporate guru Barry O'Brien is back with a bang following his run-in with the Solicitors Disciplinary Tribunal - much to the delight of his colleagues
The Northern Rock affair has called the UK's principles-based approach to financial services regulation into question, while the same could be said for the FSA's position as sole regulator.
The subprime debacle and the credit squeeze have combined with existing pensions pressures to make life even harder for companies seeking to manage their costs and risks.
Clifford Chance has beefed up its Prague office with the hire of White & Case partner David Kolacek.
Freshfields Bruckhaus Deringer, Osborne Clarke and Simpson Thacher & Bartlett scooped lead roles on the transatlantic Carphone Warehouse and Best Buy joint venture worth $1.1bn.
The City office of Orrick Herrington & Sutcliffe is the latest firm to ramp up its restructuring capabilities.
West End-based Fladgate has acquired two-man boutique Gordon & Co to ramp up its corporate practice.
Halliwells has won a role on the sale of digital media agency Greenroom Digital thanks to its contacts with financial advisers Fisher Corporate Finance.
Six weeks ago, shortly after shares in HBOS plunged by 17 per cent in one day, the Financial Services Authority took the unprecedented step of attacking publicly the "completely unfounded rumours" spread by a number of unscrupulous investors.
Freshfields Bruckhaus Deringer partner Barry O'Brien has taken over responsibility for one of the firm's four core corporate groups, replacing Mark Rawlinson, who is now overall head of corporate.
Cleary Gottlieb Steen & Hamilton has advised on Citigroup's third equity offering so far this year.
HBOS has called in magic circle firm Allen & Overy to advise on its £4bn rights issue.
Top M&A dealmaker Barry O'Brien is set to be voted back into the Freshfields Bruckhaus Deringer equity partnership
K&L Gates has boosted its London tax practice with the hire of partner Paul Beausang from Nabarro.
Four US firms have won lead roles on the Delta Airlines and Northwest Airlines merger.
Chadbourne Parke and Clifford Chance are the main legal advisers on PepsiCo's $1.46bn (£730m) bid for control of Russia's leading juice company JSC Lebedyansky.
O'Melveny & Myers London office co-head Chris Ashworth is set to leave the firm to join Lovells.
Linklaters scoop key roles on RBS £12bn rights issue" /Freshfields Bruckhaus Deringer and Linklaters have secured the key legal roles in Royal Bank of Scotland's (RBS) record £12bn rights issue.
Nabarro restructuring and insolvency head Patricia Godfrey has stepped down as president of R3, the association of business recovery professionals.
German private equity firm CB Equity Partners has hired Landesbank Berlin's former general counsel Dariush Ghassemi-Moghadam as a partner in its transactional team.
Osborne Clarke has finalised two major deals after being instructed by Milestone Capital Partners to act on the takeover of Coffee Nation and by media agency Cake on its sale to Havas Media.
Cheltenham-based BPE and South East firm Thomas Eggar have won places on the private equity buyout of high street chain Evans Cycles.
The boom days of cheap debt may be over for now, but the private equity market remains an optimistic place.
Changes to the way non-doms are taxed are part of a Government drive to make the private equity sector pay a 'fairer share'. But what will this mean in practice?
Herbert Smith has set up a team that will spend time in-house with hedge fund clients to ensure they do not commit market abuse.
Kohlberg Kravis Roberts (KKR) has snared high-profile Akin Gump Strauss Hauer & Feld Washington DC lobbyist Ken Mehlman to become its first global head of public affairs.
Chadbourne Parke and Clifford Chance have won places as main legal advisors in soft drinks giant PepsiCo's $1.46bn (£740m) bid for control of Russia's leading juice company.
Four US firms have secured lead mandates on the merger between Delta Airlines and Northwest Airlines, which is set to create the world’s largest carrier.
Simmons & Simmons has boosted its corporate practice with the lateral hire of O'Melveny & Myers counsel Matt Rees.
Longstanding Kirkland & Ellis client Robert Tchenguiz has turned to Denton Wilde Sapte for advice on restructuring a 400-strong pub portfolio.
Field Fisher Waterhouse (FFW) has fended off competition from a range of other firms to advise the BBC on the sale of its outside broadcasts division to sports broadcaster Satellite Information Services (SIS).
Allen & Overy (A&O) and Cravath Swaine & Moore have landed roles in Nestlé's sale of eyecare company Alcon in a two-step megadeal worth up to $39bn (£19.62bn). Cravath called on New York-based corporate partners Alan Stephenson and Robert Townsend to advise Nestlé, while A&O New York partners Daniel Cunningham and Eric Shube turned out for the buyer, pharmaceutical giant Novartis. Alcon turned ...
Herbert Smith client Imagem Music has won an auction to acquire classical music publisher Boosey & Hawkes from private equity house Hg Capital.
BPE and Thomas Eggar have won places on the private equity buyout of High Street chain Evans Cycles.
US bank Washington Mutual (WaMu) has become the latest financial institution to turn to the private equity industry for investment in the wake of the credit crunch.
Macfarlanes has landed a role advising sports mogul Stan Kroenke on his acquision of a 50 per cent share in Arsenal Broadband.
Allen & Overy (A&O), CMS Cameron McKenna and Freshfields Bruckhaus ...
Allen & Overy (A&O) and Cravath Swaine & Moore have landed plum roles in Nestle's sale of eye care company Alcon in a two-step mega-deal worth up to $39bn (£19.5bn).
London's position as one of the world's leading financial centres is underlined today by the 2007 revenues of the top 30 US firms in the capital.
Macfarlanes has landed a leading role in the e5.6bn (£4.5bn) acquisition of Absolut Vodka producer Vin & Sprit by French drinks giant Pernod Ricard.
Offshore firm Bedell Group has been appointed to advise on the liquidation of collapsed hedge fund, Carlyle Capital Corporation (CCC).
Newcastle's Crutes has assisted the Powerleague Group in its £17m asset purchase of JJB Soccer Domes indoor and outdoor football pitches across five sites.
The Women's Liberation Movement has come a long way since Millicent Fawcett's campaigning days - so much so that barely an eyebrow is raised when a top boardroom job is filled by a woman.
Davis Polk & Wardwell has ramped up its China M&A capability with the hire of Howard Zhang, the former Beijing managing partner O’Melveny & Myers.
A&O and Freshfields Bruckhaus Deringer have made at least £15m in combined fees from the collapse of Northern Rock, it was revealed yesterday.
Corporate has led the way at Freshfields Bruckhaus Deringer and Herbert Smith - the two largest firms to have announced their promotions.
Allen & Overy (A&O) has ramped up its M&A corporate capacity in Düsseldorf with the hire of Shearman & Sterling M&A partner Birgit Reese.
Freshfields Bruckhaus Deringer's incoming corporate head Mark Rawlinson is restructuring the department's management team to give responsibility to a wider group of partners.
The contenders for the title of 'leading US bankruptcy practice' were revealed this month in a new list showing the number of pending cases at year-end 2007.
French independent firm Ginestié Magellan Paley-Vincent has boosted its corporate practice with the hire of two new partners.
The UK office of Hunton & Williams has won a mandate from trophy client Gazprom, advising its UK subsidiary on the purchase of an equity stake in smart metering company TruRead.
McGrigors has advised Valiant Petroleum on its £50m AIM listing, which gave it a market capitalisation of £200m on admission. Martin Finnegan, head of McGrigors' capital markets practice, led the team acting on the IPO, with Watson Farley & Williams partner Jan Mellman advising Oriel Securities as nominated adviser and Tristone Capital as joint broker and global bookrunner.
Travers Smith has bolstered its private equity roster after helping new private equity client Langholm Capital offload portfolio company Dorset Cereals to Wellness Foods.
Clifford Chance and Cleary are already looking at the Turkish market
Allen & Overy (A&O) has won a rare instruction on a mining deal, advising Russian mining giant Mechel on its $1.498m (£750m) bid for London-based Oriel Resources.
Kirkland & Ellis private equity partner Raymond McKeeve is set to join client and property tycoon Robert Tchenguiz as an investment professional in mid-April.
Scottish firm Brodies has beefed up its tax capabilities with the hire of chartered accountant Isobel d'Inverno as director of corporate tax.
Morrison & Foerster (MoFo) has taken on two roles in the first flotation of a Korean company on AIM.
US firms Akin Gump Strauss Hauer & Feld and Wachtell Lipton Rosen & Katz are playing key roles in the New York listing of hedge fund company Halcyon Asset Management.
Linklaters and Jones Day have been handed key roles on a proposed mega-deal that would see the creation of a £20bn mining giant in Kazakhstan. Eurasian Natural Resources Corporation (ENRC) has made an approach for copper producer Kazakhmys, with the former understood to have turned to Jones Day European head of capital markets Giles Elliott, who represented it during its £136bn London Stock Exchange IPO in December.
The London office of Reed Smith Richards Butler has won a minor role in a major US technology deal, handling UK issues on AOL's $850m (£424.24m) cash buyout of social networking site Bebo.
Lovells has landed an instruction from German private equity house Deutsche Beteiligungs advising on its e100m (£78.73m) acquisition of ICTS Europe Holdings.
Skadden Arps Slate Meagher & Flom and Wachtell Lipton Rosen & Katz have scooped lead roles on JPMorgan Chase's acquisition of troubled investment bank Bear Stearns.
US firms Akin Gump Strauss Hauer & Feld and Wachtell Lipton Rosen & Katz are playing key roles in the New York listing of hedge fund company Halcyon Asset Management.
Lovells has maintained its relationship with ITV following the departure of relationship partner Hugh Nineham, advising the company on the sale of its share in Liverpool FC website www.liverpoolfc.tv.
Freshfields Bruckhaus Deringer and Lovells have steered BAA's £546.6m sale of World Duty Free Europe Ltd (WDF) to Autogrill.
Reed Smith Richards Butler has strengthened its relationship with Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co by teaming up on the acquisition of Standard Chartered's Indian asset management business.
Nabarro has closed a pair of deals, acting for Premier Recruitment International in its £45m offer for competitor Imprint, and representing Chelford Group on its £16m offer from Solarsoft Business Systems.
Linklaters and Jones Day have been handed key roles on a proposed mega-deal that would see the creation of a £20bn mining giant in Kazakhstan.
Ashurst has been instructed on its first Indian IPO, advising on the $400m (£196.80) flotation of Rural Electrification Corporation on India's Bombay and National stock exchanges.
The London office of Reed Smith Richards Butler has won a minor role in a major US technology deal, handling UK issues on AOL's acquisition of Bebo.
Lovells has landed an instruction from German private equity house Deutsche Beteiligungs, advising on its €100m (£76.07m) acquisition of ICTS Europe Holdings.
CC general counsel and chairman of the City of London Law Society rules and regulation committee Chris Perrin has called for significant widening of client conflict.
Kirkland & Ellis remained upbeat about the state of its London private equity practice last week, despite the admission that high-profile hire Raymond McKeeve is to part company with the firm (first revealed on www.the lawyer.com, 4 March).
Private equity fund Lyceum Capital has set up a dedicated committee to explore the possibility of investing in the legal profession once the Legal Services Act comes into force in 2011.
Clifford Chance and Dickson Minto have won roles on Turkey's largest-ever private equity deal, which was funded entirely by local banks.
British American Tobacco (BAT) has turned to Herbert Smith for advice on its £2.05bn purchase of Scandinavia's largest tobacco brand.
Wilsons has won the mandate to set up Butterfly World, a £25m butterfly dome near St Albans that will open this week.
Baker & McKenzie and Norton Rose have steered through the first Egyptian investment by Dubai ports operator DP World, which has taken control of the Sokhna Port Development Company.
SJ Berwin and Herbert Smith have landed roles advising on the disposal of European music publishing catalogues that include tracks from the likes of Justin Timberlake and Britney Spears.
Browne Jacobson, DLA Piper and Eversheds advised on the £77m secondary buyout of Britton Group by HSBC Private Equity and HSBC Bank.
CMS Cameron McKenna has appointed recent hire Adam Mycyk to run its new office in Ukraine, which opened officially yesterday (6 March).
Private equity rainmaker Raymond McKeeve is to leave Kirkland & Ellis (K&S) in three months for an unknown destination, believed to be a role at a private equity house.
British American Tobacco (BAT) has turned to Herbert Smith for advice on the £2.05bn purchase of Scandinavia's largest tobacco brand.
Herbert Smith secured three new clients during the last quarter to push ahead of Freshfields Bruckhaus Deringer and Allen & Overy (A&O) in the rankings for FTSE100 clients.
Macfarlanes and Travers Smith have won key roles on the private equity buyout of sandwich chain Pret a Manger. The sale saw private equity house Bridgepoint Capital buy a controlling stake in Pret a Manger, in a deal believed to value the business at £350m.
Allen & Overy (A&O) and Latham & Watkins advised on the £50m sale of luxury yacht builder Oyster Marine to private equity house Balmoral Capital. Private equity start-up Balmoral was launched in 2007 by two former Credit Suisse First Boston bankers.
Addleshaw Goddard, SJ Berwin and Travers Smith landed key roles in the sale of designer shoe brand Kurt Geiger, which had created interest from a number of private equity buyers.
UK pharmaceutical company Ardana has called on Morrison & Foerster (MoFo) as it seeks a buyer or merger partner to raise money for research.
Davis Polk & Wardwell and White & Case have landed plum roles on the $19bn (£9.55bn) IPO of credit card company Visa, the largest in US history.
Simpson Thacher & Bartlett and Weil Gotshal & Manges have both secured key roles on the leveraged buyout of Getty Images by private equity house Hellman & Friedman.
Davis Polk & Wardwell and White & Case have landed plum roles on the $19bn (£9.62bn) Visa IPO, the largest ever in US history.
Halliwells has launched a redundancy consultation process across its London-based corporate team, as a result of the group lagging behind budget.
Simpson Thacher & Bartlett and Weil Gotshal & Manges have snared key roles on the leveraged buy-out of Getty Images by private equity house Hellman & Friedman.
Freshfields Bruckhaus Deringer's role on the Northern Rock saga has been marginalised after the mortgage lender passed into public hands last week.
Northern Rock passed into public ownership last Friday (22 February) following what was ultimately a very simple legal process.
Northern Rock's smaller shareholders, who are hoping to sue the Government over their lost shareholdings, face costs of up to £50 each before any action can get underway.
Sullivan & Cromwell has cemented its relationship with drinks giant Diageo, advising the company on its $900m (£456.5m) joint venture with Dutch distiller Ketel One.
Herbert Smith is advising Marshall Wace on the London listing of its hedge fund MW Tops, which will take place thanks to updated listing rules.
Hammonds and Walker Morris have acted on the administration of high street shoe shop chain Dolcis. Prior to being wound up, Dolcis operated from 185 locations across the UK.
Macfarlanes and Travers Smith have been handed key roles in the private equity buyout of sandwich chain Pret a Manger.
Simpson Thacher & Bartlett has lost its plum role advising Microsoft on its $46.4bn (£23.91bn) hostile bid for internet giant Yahoo!
Allen & Overy (A&O) and Latham & Watkins have advised on the £50m sale of luxury yacht builder Oyster Marine to private equity house Balmoral Capital.
Linklaters usurps Freshfields to advise new Northern Rock board; Slaughters to advise on nationalisation
Linklaters usurps Freshfields to advise new Northern Rock board; Slaughters to advise on nationalisation” />Linklaters has been handed a key mandate in the Northern Rock saga as rival magic circle firm Freshfields Bruckhaus Deringerlooks likely to be marginalised. Li
Davenport Lyons and DLA Piper have won lead roles on a joint venture between Psychic Investments Limited and Cilla Black.
Latham & Watkins is to simultaneously launch three offices in the Middle East at the end of the first quarter of this year, becoming the first law firm to do so.
The Akzo Nobel ruling, which controversially stripped in-house counsel of privilege, has again come under fire for having the same impact on non-European private practice lawyers in the EU.
Herbert Smith corporate head Michael Walter has restructured the firm's internal practice groups to streamline client teams and improve associate development.
Morrison & Foerster (MoFo) and Herbert Smith have won instructions on the sale of Buy.at to US internet services company AOL.
A trio of City firms has bagged roles on the proposed £1.2bn take-private of waste collection company Biffa.
Standard Life has turned to long-term adviser Slaughter and May in a deal that will see the life insurance giant offload annuity liabilities worth £6.7bn to Canada Life.
Sullivan & Cromwell has cemented its relationship with drinks giant Diageo, advising the company on its $900m (£456.50m) joint venture with Dutch distiller Ketel One.
Simpson Thacher & Bartlett and Sullivan & Cromwell have scored lead roles on China Investment Corporation’s (CIC) $4bn (£2bn) investment into a JC Flowers fund designed to rescue ailing financial institutions.
Sidley Austin has snared a Covington & Burling London tax partner to boost the firm’s fund formation practice in the capital. David Hinds, who joins the firm as a partner, has been brought in to help build a funds formation group in Sidley’s London office. He will also advise on tax issues on ...
Latham & Watkins edged out Oracle's longstanding primary M&A adviser Davis Polk & Wardwell last month to secure its first lead acquisition mandate for the technology giant.
DLA Piper has added another four companies to its roster of AIM clients, but is still a few short of Norton Rose, which has the highest number of AIM clients in the market at 65.
Cadwalader Wickersham & Taft made a spectacular raid on the New York office of Latham & Watkins last week (6 February), snaring the latter's global head of private equity Ronald Hopkinson.
Slaughter and May is acting for longstanding client Punch Taverns in a takeover bid for Mitchell & Butlers (M&B) that would create the UK's largest pub group.
Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co and Wall St firm Cleary Gottlieb Steen & Hamilton advised on the $2.93bn (£1.49bn) IPO of Reliance Power - the largest Indian flotation to date.
Clifford Chance and Macfarlanes have won key roles in the battle for control of Rio Tinto, the UK-listed mining giant.
Challenging market conditions look set to force a rethink on the terms of investment partnerships, says Iain Redford
A trio of City firms have bagged roles on the proposed £1.2bn take-private of waste collection company Biffa.
Clifford Chance and Macfarlanes have won key roles in battle for control of Rio Tinto, the UK-listed mining giant.
Private equity firm HG Capital has snared Weil Gotshal & Manges private equity consultant Alison Hampton as its new general counsel and compliance officer. Hampton, who will replace retiring general counsel and former Lovells partner John Kitching, appears to further cement Weil Gotshal's relationship with the private equity house. Hampton joined the firm from Lovells ...
Slaughter and May is acting for longstanding client Punch Taverns in a merger bid that would create the UK's largest pub group.
Linklaters has launched a restructuring & insolvency practice in the Netherlands with the hire of a Simmons & Simmons partner.
Simpson Thacher & Bartlett has assembled a top tier M&A team to help Microsoft win its $44.6bn battle for Yahoo!
The Scottish & Newcastle (S&N) saga has finally come to a close after the £7.8bn offer by the Carlsberg and Heineken consortium was accepted.
Hammonds, led by partner Marco Zavala, has snared one of the largest and oldest Chilean wine producers as a new client.
Couchman Harrington, DLA Piper and LG advised on the first web-based takeover of a business after an online community took over Kent football club Ebbsfleet United.
Egorov Puginsky Afanasiev & Partners succeeded where US law firm Dewey & LeBoeuf failed by securing permission for the sale of a can manufacturer from Russia's Federal Antimonopoly Service (FAS).
Dewey & LeBoeuf has advised ArcelorMittal, the world's largest steel company, on the purchase of three Russian coalmines.
Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell scooped lead roles on the $19bn Citigroup equity offering. The transaction is the latest investment bank equity offering to see sovereign and domestic wealth funds invest into banks since market volatility hit global banks' profits worldwide ...
Travers Smith has landed its third top flight football takeover in two years, acting on the acquisition of Derby County FC.
Willkie Farr & Gallagher today (Tuesday, 29 January) posted double digit increases in revenue and profits for the second year in a row.
Dechert has strengthened its corporate group in New York with the hire of a senior partner from O’Melveny & Myers.
The Scottish & Newcastle (S&N) saga has finally come to a close after the £7.8bn offer by the Carlsberg and Heineken consortium was accepted.
Edwin Coe forges ahead with Northern Rock claim" / Edwin Coe has gathered 6,000 Northern Rock shareholders and is still considering legal action despite the Government's bail out plan, which was announced last week.
UK law firms made an estimated £1.2bn from the private equity sector last year, according to new figures released by the British Private Equity and Venture Capital Association (BVCA).
Mishcon de Reya has advised new client Cubus Lux on its readmission to AIM and reverse takeover of two Croatian companies that own development land on Croatia's Olive Island Resort.
Olswang's corporate and specialist rights lawyers have advised 4 Ventures, the commercial arm of long-standing client Channel 4, on the sale of its international distribution business Channel 4 International (C4i) to Digital Rights Group.
Norton Rose has advised new client Quorum Oil and Gas Technology on its initial public offering and listing on the London Stock Exchange.
Reynolds Porter Chamberlain (RPC) advised Swedish paper products giant SCA, which has annual sales of more than £7.4bn, on the sale of its Softis tissue brand to Italian tissue company Sofidel.
Speechly Bircham and Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates) have advised on the £73.4m AIM listing of a commerial jet hire company.
The Company Law Review Group has proposed sweeping reforms that will bring together Ireland's various Companies Acts. The new rules are expected to make life easier
UK law firms made an estimated £1.2bn from the private equity sector last year, according to new figures released by British Private Equity and Venture Capital Association (BVCA).
FRESHFIELDS Bruckhaus Deringer's corporate practice is upping its focus on mobility as the internationalisation of the legal profession continues.
Arnold & Porter has snared the former general counsel of Body Shop and Gap to bolster its London corporate team.
Heller Ehrman has snared a Sidley Austin corporate partner to bolster its London corporate practice.
Salans has boosted its London office with the hire of corporate partner Rob Askew from US firm Hunton & Williams. Askew's practice focuses on equity capital markets, M&A and private equity, with an emphasis on advice to nominated advisers and brokers on AIM transactions. His appointment follows the promotions of 15 new partners at Salans, giving the firm a total of 176 partners.
Herbert Smith won work on the sale of a Tyneside factory after a trip to Silicon Valley with alliance partners Gleiss Lutz and Stibbe.
The SEC is reeling after a second court decision dismissing allegations of hedge fund fraud.
After the departure of Nineham, is Lovells a wounded animal?
Eight French lawyers have left their firms to set up a corporate boutique called Redlink, creating a new contender in the crowded Paris legal market.
McDermott Will & Emery has hired Lovells corporate icon Hugh Nineham to become its European and London corporate head.
Hugh Nineham's name has been synonymous with Lovells' corporate practice since, as its head, he was credited with masterminding its resurgence at the turn of the century.
Hammonds has advised consumer electronics business Alba in two recent sell-offs, including a 50 per cent stake in Grundig Multimedia.
A&L Goodbody and Dundas & Wilson have scooped key roles in two back-to-back renewable energy acquisitions by FTSE 100 client Scottish and Southern Energy (SSE).
The private equity and investment gangs better look at the small print of the Legal Services Act if they're thinking of partnering with law firms.
Eversheds is the latest firm to land a role on the Northern Rock saga, advising JP Morgan in the purchase of £2.2bn-worth of mortgages from the stricken lender.
Allen & Overy has raided Shearman & Sterling for its global co-head of M&A for its Düsseldorf office in the latest high-profile move in the German market.
Lovells and Macfarlanes have played key roles on a private equity secondary exit, with the former acting for vendor Piper Private Equity while the latter advised buyer Darwin Private Equity.
Magic circle rivals Clifford Chance and Linklaters dominated the latest acquisition by US private equity powerhouse Kohlberg Kravis Roberts (KKR).
Allen & Overy (A&O) has convinced Norton Rose corporate finance partner Chris Moore to rejoin its ranks.
Third-party litigation funding has jumped into the mainstream of financial investments with the first admission to AIM of a specialist litigation fund.
The protracted £50.2bn takeover of ABN Amro by a Royal Bank of Scotland-led consortium was big enough to propel Allen & Overy (A&O) up Bloomberg's global and European M&A advisory tables for 2007.
Linklaters’ highly regarded corporate partner Dominic Welham has died aged 44 after a battle with cancer.
Berwin Leighton Paisner (BLP) wrapped up three AIM deals before the 2007 year-end, including its first listing of an Indian company and the flotation of the first Asia-based gaming company to seek a London listing.
Wiggin's sport and media team has scored a hat trick of deals, picking up mandates from ITV, Virgin Media and Manchester United FC.
A raft of advisers has secured one of the biggest take-privates since the credit crisis jammed the market last summer.
Linklaters has advised the 10 lenders that brought the $867.7m (£439.4m) Bujagali power plant deal in Uganda to a successful close after the previous sponsor, AES, pulled out.
The magic circle firms have grabbed a record volume of the European 2007 M&A pie, which has grown by 36 per cent to $1.8tr (£911bn), despite a weak finish to the year.
A raft of heavyweight advisers have secured one of the biggest take-privates since the credit crisis jammed the market this summer.
Lovells' London office has reaped the benefits of a recommendation from the firm's Hamburg base, landing an instruction on publisher H Bauer's £1.14bn acquisition of Emap's consumer magazine and commercial radio divisions.
Online gaming is set to get a boost in the coming weeks, with Asian Logic becoming the first Asia-based gaming company to seek a London listing.
The London office of Jones Day has secured one of the Stock Exchange’s biggest flotations this year, advising Kazakhstan mining company Eurasian Natural Resources Corp (ENRC) on its £1.36bn London listing.
Clifford Chance has indulged in a bout of internal restructuring, merging its three large M&A, private equity and corporate practices into one mammoth department on 1 December 2007.
Taylor Wessing has scored the lead role advising Brentford Football Club on the development of a new stadium.
A further corporate partner from Freshfields German operation has left the magic circle firm, surfacing at Baker & McKenzie.
Cobbetts has landed a key role on the latest acquisition by Russia’s richest man and Chelsea Football Club owner Roman Abramovich.
Berwin Leighton Paisner (BLP) has advised Clean Energy Brazil , a company that invests in the Brazilian sugar and ethanol energy production sector, on a £20.8m fundraising on AIM.
Paris-based corporate partners Pierre-Yves Chabert and Gamal Abouali led the team at Cleary.
Linklaters and Herbert Smith are squaring up in the battle for UK-listed waste disposal company Biffa.
Travers Smith and Freshfields Bruckhaus Deringer have agreed the £1.74bn takeover of London-headquartered oil independent Burren Energy by Italian energy giant Eni.
Former Weil Gotshal & Manges private equity star Will Rosen is set to join DLA Piper in January.
Herbert Smith client JC Flowers has pulled out of the auction for stricken mortgage lender Northern Rock.
Dewey & LeBoeuf has boosted its Frankfurt office with the hire of a senior tax lawyer from Clifford Chance.
SJ Berwin has scooped a lead role advising on a key acquisition in the healthcare and fitness sector.
Allen & Overy (A&O) has scooped the lead role advising Dubai Financial Group (DFG) on its acquisition of a 24.6 per cent stake in Middle Eastern investment bank EFG-Hermes from Abraaj Capital.
Hedge fund GLG Partners has snared a Chadbourne & Parke partner to ramp up its in-house legal team in London and New York.
Nabarro and White & Case win coveted hedge fund roles on Northern Rock" /Nabarro and White & Case have found themselves holding key roles in the battle for Northern Rock.
Ashurst is advising North West Electricity Networks, a joint venture made up of JPMorgan Infrastructure Fund and its long-standing client Colonial First State Global Asset Management, on the acquisition of United Utilities' electricity network. The acquisition cost £1.78bn.
As the world becomes smaller, the terms used in private equity deals in Europe and the US are becoming increasingly similar. Mark Mifsud and Stephanie Biggs report
If managed well, exiting from an investment via a twin-track IPO or M&A can reap huge rewards, says Stephen Lloyd
The collapse of the US sub-prime mortgage market has forced lenders to tighten the purse-strings. By Mark Davis and Eleanor West
Northern Rock has brought in ABN Amro's former legal head as a non-executive director to steady the beleagured mortgage lender through its next difficult chapter.
Herbert Smith has advised JPMorgan Securities and China International Capital Corporation (CICC) on the $1.16bn (£0.56bn) global offering of shares in Chinese truck manufacturers Sinotruk.
Aluminium giant Rusal has turned to the familiar pairing of Ashurst and Russian firm Egorov Puginsky Afanasiev & Partners (EPAP) to guide it through its first major M&A deal since its 2006 tripartite merger with Sual and Glencore.
Berwin Leighton Paisner (BLP) has continued on its aggressive hiring spree by taking on its second new partner in as many weeks.
Clifford Chance and Lovells played lead roles on a major refinancing in the Middle East and North Africa.
Albany Capital's AIM-listed special purpose vehicle Vestpa has acquired Singaporean and Chinese food company Full Fortune Holdings for £25.2m in a reverse takeover structured by Anglo-Canadian firm Fasken Martineau Stringer Saul.
Travers Smith has lent its support to private equity house 3i in the purchase of a £60m majority stake in designer lingerie chain Agent Provocateur.
Slaughter and May is advising Land Securities on the corporate aspects of its three-way demerger.
Olswang has signed off on a trio of acquisitions for new client Photon Group, which has turned its acquisitive focus away from Australia and onto Europe.
SABMiller has passed over longstanding adviser Lovells on its €816m (£583m) bid for Dutch brewer Grolsch, turning instead to Herbert Smith alliance firm Stibbe.
Linklaters’ lateral hiring policy has borne fruit with two new partners securing one of the biggest buyouts since the credit crunch dried up liquidity.
Linklaters client Scottish & Newcastle has turned to Swedish arbitration specialist Jacob Melander at Hammarskiöld & Co as its defence against a Heineken-Carlsberg consortium takeover bid hots up.
Private equity giant Kohlberg Kravis Roberts (KKR) has handed a Simpson Thacher & Bartlett corporate partner the role of its first ever general counsel.
SABMiller has passed over longstanding adviser Lovells on its €816m (£583m) bid for the Dutch brewer Grolsch, turning instead to Herbert Smith alliance firm Stibbe.
Travers Smith has lent its support to private equity house 3i in the purchase of a £60m majority stake in designer lingerie chain Agent Provocateur.
Norton Rose partner" /Morgan Lewis & Bockius has snared a corporate finance equity partner from Norton Rose.
CMS Cameron McKenna is advising support services company Alfred McAlpine on a proposed £600m offer by rival Carillion.
Linklaters and Norton Rose have secured the merger of two mining giants with assets in the Democratic Republic of the Congo.
Dewey & LeBoeuf has advised Novorossiysk Commercial Sea Port (NCSP) on its $955m (£461.21m) IPO on the London Stock Exchange, resulting in a post-IPO valuation of NCSP of $4.9bn (£2.34bn).
Freshfields Bruckhaus Deringer and Travers Smith have landed key roles on the latest potential union of two City financial institutions.
Slaughter and May is advising Land Securities on corporate aspects of its three-way de-merger that the company announced yesterday (15 November).
Hammonds has advised new client Endless on the acquisition of Lancashire Chemical Works via a management buy-in led by Endless candidate Richard Sykes.
Linklaters’ global head of tax Guy Brannan is standing down after two terms in the role, with partner Yash Rupal set to take on the position.
Pinsent Masons has hired two associates into its partnership to boost the regulatory offering in the firm’s corporate group.
Morgan Lewis has snared a corporate finance equity partner from Norton Rose.
Sullivan & Cromwell is the latest firm to be drafted in on the Northern Rock saga, with the New York M&A behemoth advising investment group Olivant on the potential purchase of a minority stake in the beleaguered mortgage lender.
Ashurst, Berwin Leighton Paisner (BLP), DLA Piper, LG and
The Law Society is stepping up its lobbying campaign after unsuccessful talks with the Chinese government failed to change rules that appear to prohibit Chinese companies from listing on AIM.
As part of its strategic focus on equity capital markets (ECM), Simmons & Simmons has scored one of Lovells' up-and-coming corporate partners.
Ashurst has a new managing partner for its Dubai office, with corporate partner Nick Bryans taking over from incumbent Paul de Cordova.
Dechert has beefed up its Paris corporate and securities practice with the hire of Morgan Lewis & Bockius partner Stephan Alamowitch.
Linklaters reunited with DIC after Freshfields conflicted out" /Linklaters has won back Dubai International Capital (DIC) as a client, completing two mega-deals for the emirate's investment arm in one week.
Stephenson Harwood has landed a lead role advising on a significant UK investment by an Indian company.
Olswang has acted for longstanding client BDO Stoy Hayward on its acquisition of Chiltern Public Limited Company's tax advisory and consultancy business.
Linklaters has won back Dubai International Capital (DIC) as a client, completing two mega-deals for the emirate’s investment arm in one week.
Linklaters has been drafted in on its second major mining deal in a week, advising British mining giant and longstanding client Rio Tinto on its £50bn approach from Australian rival BHP Billiton.
Linklaters and Norton Rose have secured the recommended merger of two mining giants with assets in the Democratic Republic of the Congo (DRC).
DLA Piper’s joint head of private equity Darryl Cooke is to leave the firm to head up Hill Dickinson’s Manchester corporate practice.
Wedlake Bell was instructed by commercial property agency Edwin Hill on its £26.9m sale to Canadian property and professional services company Altus Group.
Freshfields Bruckhaus Deringer will launch a dedicated competition offering in mainland China for the first time by parachuting in a London-based partner and by promoting a senior associate to counsel.
Shearman & Sterling has vowed to ramp up its corporate and M&A capabilities in Abu Dhabi as part of the office's five-year plan.
US firm Hogan & Hartson has lost two key partners from its corporate and employment teams in London.
Debevoise Plimpton has snared Linklaters London corporate partner Guy Lewin-Smith.
McGrigors has formed a dedicated capital markets team with the intention of ramping up its AIM capability.
Allen & Overy (A&O) and Herbert Smith are playing key roles in Transport for London's (TfL) bid for Metronet Rail.
Charles Russell has capitalised on its blossoming relationship with JPMorgan Cazenove to land a lead role on an Anglo-Russian mining company's move from AIM to the main list.
Regional law firm Howes Percival is representing Ian Lenagan on his takeover of Wigan Warriors Rugby League Club.
Reed Smith Richards Butler’s longstanding relationship with UK client Tate & Lyle has gifted the firm’s Chicago office a role on a £46m divestment for the company in Mexico.