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.
Herbert Smith has landed Nanjing Automobile as a new client after advising the Chinese group on its successful acquisition of the stricken Birmingham-based car manufacturer MG Rover.
The City firm, which is also advising Phoenix Venture Holdings and the so-called ‘Phoenix Four’, the controlling directors of MG Rover, won the mandate to act for Nanjing following a recommendation from client Arup.
Arup, the engineering consultancy, advised Nanjing and may take stakes in the British arm of the company.
Commenting on Herbert Smith’s dual role a spokesperson for the firm said: "All the parties involved were aware of our dual role and decided there was no conflict."
Nanjing beat rival bidder Shanghai Automotive Industry Corp, which was advised by Baker & McKenzie, to bag MG Rover. The deal was signed last Friday (22 July) for an undisclosed sum. Although according to reports Nanjing paid around £50m for the assets.
As first reported on www.thelawyer.com (8 April 2005) Eversheds, led by partners Simon Waller and Louise Pheasant, is advising MG Rover.