Norton Rose‘s entire securitisation group has resigned for Baker & McKenzie, leaving the top ten firm with no capital markets capability at partner level in London. The four-partner team, which comprises Jonathan Walsh, Vincent Keaveny, Bruce Somer and Ian Porter,told the Norton Rose management of their intentions this week. It is understood their billings account […]
Orrick Herrington & Sutcliffe has dealt a devastating blow to Coudert Brothers after acquiring all eight London-based partners. The US firm is also poaching Coudert’s three remaining Moscow-based partners including star partner John Sheedy. Coudert executive board member Edward Tillinghast is being relocated from New York to serve as interim head of the London office. […]
Six months on from its US merger DLA Piper Rudnick Gray Cary has posted a profit rise for Europe and Asia of 13 per cent off the back of a turnover increase of 18 per cent. Average profit per equity partner for 2005 in Europe and Asia was £535,000, up from £475,000 last year. Turnover […]
Freshfields Bruckhaus Deringer partner Sandy Shandro has taken over from Peter Bloxham as head of the restructuring and insolvency group. Shandro plans to increase the profile of the magic circle firm’s restructuring and insolvency group in North America and explained: “Economic indicators and the relegation to junk status of bonds issued by General Motors and […]
Linklaters is reporting a massive 22 per cent hike in profits for the last financial year as the firm celebrates its best set of results for years. Average profit per equity partner (PEP) has soared to £818,000, with top equity partners on over a million. Turnover was up ten per cent to £793m after a […]
Human rights specialists Birnberg Peirce and Brick Court Chambers’ Sir Sydney Kentridge QC have won a significant European court victory for a Kurdish leader sentenced to death in Turkey. On Thursday (12 May) the Grand Chamber of the European Court of Human Rights (ECHR) handed down its decision in Abdullah Ocalan’s appeal. Ocalan, a Kurdish […]
Pillsbury Winthrop Shaw Pittman has scooped seven attorneys from Houston-based environmental boutique Campbell George & Strong. The team has joined Pillsbury’s environment, land use and natural resources practice in Houston, San Francisco and Washington DC. The team comprises two partners, three of counsel and two associates. Andrew Strong, the former managing partner of Campbell George, […]
National firm Beachcroft Wansbroughs has made five associates up to partner, as well as promoting 19 assistants to associate status. The five new partners come from across the firm’s practice areas, but focus on its core strengths. Chris Doran is being made up in the construction team, while Campbell Dye becomes a commercial litigation partner. […]
Lovells private equity team is celebrating after closing its first ever deal for Guy Hands’ investment vehicle Terra Firma. The firm’s German office, led by private equity rainmaker Oliver Felsenstein, advised Terra Firma on its successful buyout of leading German private housing company Viterra from E.ON for approximately 7bn euros. The deal is a coup […]
Media boutique MLaw is celebrating a successful appeal for Hello! magazine against rival publication OK! in highly-publicised litigation over ownership of Catherine Zeta-Jones and Michael Douglas’s wedding photographs. The Court of Appeal handed down its decision this morning (Wednesday 18 May) allowing Hello!’s appeal against last year’s High Court judgment which found Hello! liable to […]
SJ Berwin’s real estate funds team has secured a major instruction to advise star fund manager Nicola Horlick on her bid for London’s Trocadero centre. The firm, led by partner John Eldridge, advised on the establishment of Horlick’s Bramdean Asset Management group. If successful, the Trocadero will be the first investment for Bramdean’s real estate […]
Linklaters’ Tokyo office has raided Clifford Chance for a new securitisation partner. Paul Kruger, the head of Clifford Chance’s Asian capital markets practice will be joining Linklaters’ Tokyo office in June. Kruger, who has been a partner at Clifford Chance since 1997 counts HSBC, Citigroup, BNP Paribas and Royal Bank of Scotland as clients. Commenting […]