The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
DLA Piper Rudnick Gray Cary is acting for Mother Bidco, the consortium which has pushed aside a rival bidder to place recommended offer for retirement home developer McCarthy & Stone.
Manchester corporate partners Paul Rimmer and Jonathan Watkins are advising the consortium which consists of Bank of Scotland, the Reuben brothers and Sir Tom Hunter.
Ashurst corporate partners Adrian Clark and Eavan Sanders represented Rothschild as financial advisers to Mother Bidco.
Last week Mother Bidco made an £1.1bn offer (1,075 per share) for McCarthy & Stone. It trumped the recommended offer from a Permira and Barclays Capital vehicle, Mars Bidco, which offered £1.028bn (1,000p per share) for the retirement homes builder.
It was thought that any rival bid would falter because McCarthy agreed to pay Permira and Barclays Capital a £9.4m break-fee if a rival bid succeeded.
As first reported by The Lawyer (17 July) Slaughter and May, led by partners Robert Stern and Hywel Davies, represented Mars on the bid.
Clifford Chance partners Mark Campbell and James Butters have won the mandate to advise Citigroup and Dresdner Kleinwort, Mars' financial advisers.
Travers Smith is acting for longstanding client McCarthy & Stone, led by partners Oliver Barnes and Neal Watson.