The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Ashurst is advising Electra Investment Trust and investment manager Electra Partners Europe in relation to the $285m (£161.4m) sale of Inchcape Shipping Services (ISS) to Istithmar. Istithmar is a major investment house based in the United Arab Emirates focusing on private equity and alternative investments. ISS is the largest independently managed network of shipagents in the world. The Ashurst team is being led by corporate partner Charlie Geffen with the help of senior corporate associate Gavin Gordon. Brussels partner Mats Johnsson advised on regulatory matters. Linklaters corporate partner Roger Barron is acting for Istithmar.
LeBoeuf leads Basell on Shell subsidiary buyout
LeBoeuf Lamb Greene & MacRae has advised new petrochemicals client Basell on the purchase of a 50 per cent stake in a French Shell Chemicals subsidiary. Royal Dutch Shell used panel member Allen & Overy for advice on the sale of Société du Craqueur de l'Aubette, which Basell now owns outright. LeBoeuf Paris corporate partner Stephen Walters led on the deal.
DAC handles record UK commonhold property deal
Davies Arnold Cooper advised Crest Nicholson on the biggest commonhold property scheme to date in the UK. Partner Chris Baker led the property elements of the £500m deal, which will see the development of a 64-hectare site in Milton Keynes, with 2,000 new homes, a retail centre and new schools. Trowers & Hamlins acted for the site's social landlord Hyde Housing Association. Denton Wilde Sapte advised landowner English Partnerships.