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.
As first reported by The Lawyer (1 August), German telecoms company Primacom stopped meeting payments on a €375m (£253.6m) loan and took its lenders to court in Germany, claiming that the interest rates on the loan were too high.
Under EU rules, the lenders, led by Apollo Management and advised by Freshfields and Linklaters, were unable to countersue until the case had been heard in Germany, even though the loan was governed by English law In September a German judge ruled that the case must be heard in the UK. In light of this, Primacom has agreed to withdraw its litigation against the lenders and pay the loan in full by 30 November.
Partners David Ereira, Nils Koffka and Lars Westpfahl led the deal for Freshfields, while Michael Weigel led the Linklaters team. Ian Jack of Baker & McKenzie represented Primacom.