Slaughter and May, Allen & Overy and Davis Polk & Wardwell scored roles on the £1.21bn flotation of investment manager Ashmore, a new client for Slaughters, on the LSE. Corporate partner Jan Putnis led the team after winning the instruction in a beauty parade. Davis Polk advised on the deal’s US aspects , with corporate partner John Banes leading. Meanwhile, A&O picked a role by acting for Goldman Sachs and UBS as underwriters and US counsel. Equity capital markets partner David Broadley led the magic circle team. Ashmore specialises in emerging-market assets and has instructed Clifford Chance, most recently on the $2.1bn (£1.1bn) acquisition of Enron’s foreign-based assets through the purchase of its Prisma Energy International.
Insurance
The insurance market is in the midst of worldwide change, but London continues to be a leading centre for work. That means the UK authorities often turn their eye on the way the market operates. In this Insurance Special Report The Lawyer looks at the Law Commission’s work on misrepresentation and non-disclosure in the insurance […]
