Manches is set to enter a fresh era of growth under the leadership of newly appointed chief executive Judit Petho. Petho, a trained lawyer, has joined the firm from global accounting network RSM International, where she held the post of chief operating officer for the past two years. The decision to take up the senior […]
Norton Rose has advised the Chinese arrangers of three separate loans to three Greek shipping companies totalling $275m (£172m). The firm’s Athens office advised China Exim, alongside DnB NOR Bank, on two loan facilities totalling $200m to Diana Shipping and Angelicoussis Shipping Group. Meanwhile, the Beijing office acted on a separate $75m loan facility arranged by China Development Bank (CDB) […]
Macfarlanes and Sacker & Partners have advised on a pensions deal that has seen record company EMI agree to pay almost £200m into its pension scheme. The trustees of the EMI Group Pension Fund, who were advised by Sackers partner Peter Murphy, had been preparing for a hearing before the Pensions Regulator’s determinations panel in […]
Fladgate has advised German retailer Jack Wolfskin on the company’s first foray into the UK market. Property associate Philip Mundy represented the company, which produces outdoor equipment and clothing, in securing leases for its first two properties in London: a 5,930sq ft store in the Westfield shopping centre and a 3,000sq ft premises in Long […]
Canary Wharf, probably more than any other global financial centre, is a geographical and sociological enigma. It is estimated that there are more financial services workers employed in the Docklands area than in the whole of Frankfurt. And yet all around these glittering towers of Mammon lies one of London’s most impoverished boroughs – Tower […]
Clifford Chance, Freshfields Bruckhaus Deringer and Herbert Smith have taken the leading roles on transport group Stagecoach’s purchase of the operating subsidiaries of the East London Bus Group. The £60m deal will see Stagecoach re-enter the London bus market four years after it sold the East London Bus Group to Australia’s Macquarie Bank for £264m. […]
Gross litigation income figures fail to tell the whole story, explains Matt Byrne Last week (18 October) The Lawyer unveiled the world’s top 50 litigation practices by fee income. Skadden Arps Slate Meagher & Flom took that particular prize, with a total litigation revenue in 2009 of $879.8m (£549.4m), representing some 43 per cent of […]
From boasting an enviable proportion of female partners to currently having one of the worst showings in the City, Simmons is trying to tackle the problem head-on Statistics matter. At the beginning of the year Simmons & Simmons senior partner David Dickinson and managing partner Mark Dawkins decided to take action. They mandated all 10 practice […]
A human rights lawyer from Russia is facing criminal charges for ’public insult of state officials while on duty’ after alleging she was beaten by police. Sapiyat Magomedova, a criminal and human rights lawyer who works at Omarov & Partners in Dagestan, was visiting a client at Khasavyurt Police Station on 17 June when, she alleges, she was denied access to […]
Lawyers’ fees in Jersey are too high and “exhibit all the characteristics of a cartel”, according to one States Member, who wants an investigation. St Helier deputy Michael Higgins asked Jersey’s economic development minister Alan Maclean during a session of the States of Jersey on 12 October if he would refer the issue of lawyers’ fees to the […]
If there were any doubts that the clouds of doom have settled over the UK, last week they were eliminated when the chancellor George Osborne announced his Comprehensive Spending Review (CSR). The impact of 19 per cent cuts in public spending, including 500,000 public sector job losses and the attendant implications for the private sector […]
Senior partner elections are sometimes seen as a distraction from the real business of running a law firm, but that couldn’t be further from the truth. The senior partner role is classically seen as ambassadorial, with the winning candidate having to represent the brand. Linklaters has a cerebral managing partner in Simon Davies teamed with […]