Quinn Emanuel Urquhart & Sullivan and Swiss firm Niederer Kraft & Frey have advised BSI, the first Swiss bank to reach a deal with the US Department of Justice (DoJ) over allegations of helping clients evade tax.
Best friends Bonelli Erede Pappalardo and Slaughter and May have advised on opposite sides of Dufry’s €1.3bn (£950m) acquisition of shares in rival World Duty Free from the Benetton family, in a deal that creates the world’s biggest travel retailer.
M&A activity offshore rose to record levels in 2014, with aggregate deal value up 63 per cent compared to 2013 and deal volume at the third-highest in the last decade.
Asia Pacific News
Freshfields Bruckhaus Deringer has continued to bolster its Asian practice by hiring from magic circle rival Linklaters, this time taking a Beijing banking and finance partner for its Hong Kong office.
Middle East News
High net worth family firm Vardags has signed a joint venture collaboration with Dubai firm Trench & Associates in order to break into the valuable United Arab Emirates (UAE) market.
Ex Leeds Utd chief launches court proceedings against Gibson Dunn partner Gray for exploitation and blackmail
Former Leeds United managing director David Haigh has instructed Stephenson Harwood to bring a case against his former employers and Gibson Dunn & Crutcher partner Peter Gray, alleging they engaged in human trafficking to lure him to Dubai, where he is now in prison.