Egg has made its chief legal officer and company secretary, Marcus Ezekiel, redundant as part of a cost restructuring exercise. The online banking and investment provider has recently seen a fall in profits from £15.7 million to £9.9 million in the first quarter of 2005, partly due to a fall in lending income under European […]
The Law Society has been given leave to make representations to the Law Lords when they hear an appeal against a Court of Appeal ruling that found evidence obtained by torture is admissible in British courts. The case, A & 9 ors v Secretary of State for the Home Department, was heard in the Court […]
Clifford Chance has landed the mandate to advise Pernod Ricard’s banks in relation to the French drinks group’s offer for Allied Domecq. The magic circle firm is understood to be advising JP Morgan, Morgan Stanely and Credit Suisse First Boston – the banks that are funding Pernod Ricard’s offer. Although the instruction is a boost […]
French giant Gide Loyrette Nouel is dramatically beefing up its US practice by hiring two partners for its New York office. Projects and asset finance specialist Marianne Rosenberg joins from Thelen Reid & Priest. Prior to that she was managing partner of Linklaters‘ New York office. Tax specialist Rob MacDonald joins the French firm from […]
The Financial Services Authority (FSA) has raided White & Case for its new director of enforcement. Margaret Cole, a London-based litigation partner at the US firm, is to succeed Andrew Procter who was poached by Deutsche Bank to head the German bank’s compliance team. The appointment follows a global search for a successor, with the […]
CMS Cameron McKenna has become the latest UK firm to pile onto the limited liability partnership (LLP) bandwagon. Camerons partners voted in favour of LLP conversion last week. The decision takes effect on 1 May. The firm joins a raft of others in converting in time for the start of the new financial year, including […]
The Centre for Effective Dispute Resolution (CEDR), Europe’s biggest provider of mediation services, has struck an international strategic alliance with its US equivalent, JAMS. The alliance is an attempt to deal with the increase in ADR on both sides of the Atlantic. CEDR, a not-for-profit organisation, saw its caseload increase by 8 per cent in […]
Cobbetts is undergoing a change in management as senior partner Stephen White steps down, to be replaced by commercial property partner Stephen Benson. Benson takes over on 1 May this year. He is already on the national firm’s partnership board and has been a member of Cobbetts’ operational executive since 1996. White, who has been […]
Top insolvency set 3/4 South Square has taken on two new associate members, bringing the total number of door tenants to 12. Australian barrister John Sheehan SC is based in Sydney, where he specialises in insolvency and banking law. He also practises in competition law, which the set is looking to grow. Sheehan will be […]
West End litigation boutique Peters & Peters senior partner Monty Raphael is stepping down at the beginning of May, to be replaced by civil fraud head Keith Oliver. Raphael will return to full-time fee-earning, and will continue to lead Peters & Peters’ fraud and regulatory practice. He will remain involved in the firm’s strategic development. […]
Reading-based firm Pitmans is opening an office in London from 3 May 2005 to service its growing workload. The firm has seen a fee income increase of more than 20 per cent in the last five years. It has traditionally had an IT and TMT client base in the South East, but has seen a […]
David Whiting has been appointed as the new chief executive of the Environmental Law Foundation (ELF). He will be taking over as CEO from Paul Stookes who is returning to private practice. Whiting has been co-ordinating ELF’s Community Outreach Programme for over two years, where he met with community groups and “addressed their environmental concerns […]