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.
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.
London corporate partner Sebastian Lawson, along with associate Sergei Diyachenko from the firm’s Moscow office, led the Freshfields team acting for Rosneft. At Linklaters, London corporate partner Stephen Griffin and Moscow corporate partner Grigory Gadzhiev acted for BP.
The deal, which sees BP take a 9.5 per cent stake in Rosneft with the Russian company taking a 5 per cent share in BP, comes as the two magic circle firms are engaged in their own battle for mandates from the London-based oil company.
Last summer, Freshfields established an advisory team featuring London corporate head Mark Rawlinson after it landed a role acting for BP on the defence of any potential takeovers (7 July 2010). The mandate was widely seen as a major blow to BP’s longstanding corporate adviser Linklaters
Freshfields is a longstanding adviser for Rosneft. It is understood that the current tie-up predates the Gulf of Mexico disaster which led to BP instructing the firm on potential hostile bids.