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.
Indian conglomerate and Herbert Smith client Tata emerged triumphant in an eight-hour, £6.7bn auction for Anglo-Dutch steelmaker Corus. The auction concluded a strung-out battle for Corus that pitched Tata against Brazilian miner Companhia Siderúrgica Nacional (CSN), which was advised by Macfarlanes. Cravath Swaine & Moore also scored a role by advising CSN on the financing of its bid. Corus instructed Slaughter and May, with De Brauw Blackstone Westbroek advising on Dutch law aspects and Shearman & Sterling leading on US law and competition issues. The 608p-a-share cash offer that Tata tabled trumped CSN's 603p-a-share bid and exceeded expectations of what Corus could fetch. Tata originally bid 455p per share for Corus last October. Bidding continued to the ninth and final round in a highly unusual auction process - a tool used by the Takeover Panel to end protracted battles.