The deal of the day is without a doubt the sale of Europe’s largest brick building, Battersea Power Station. Its designer, Sir Giles Gilbert-Scott, also designed London’s sorely missed red telephone boxes. The power station’s smokestacks tower 350ft into the air and it featured on the cover of Pink Floyd’s Animals album. With some pigs. […]
Denton Wilde Sapte (DWS) is continuing to bulk up in the Middle East by adding two lateral hires to its Oman office, including its second in-houser from a major energy company in as many weeks. DWS dipped into BG Group for energy lawyer Victoria Dugdale just two weeks after adding GE Energy in-houser Ibrahim Elsadig […]
Brick Court Chambers has strengthened its arbitration capabilities with the hire of door tenant Klaus Reichert. Reichert, who also practises as a barrister in Dublin, moves to Brick Court from Littleton Chambers where he was also a door tenant. He spends the bulk of his time sitting as an arbitrator, covering areas including bilateral investment […]
Hogan & Hartson has launched a Russian tax practice in Moscow with the hire of partner Ilya Rybalkin from German firm Nörr Stiefenhofer Lutz. Rybalkin focuses on international and domestic tax issues, particularly for M&A, restructuring, private equity and the increasing Russian market of real estate fund structuring. His clients come from the oil & […]
Ashurst and Richards Butler have negotiated the £400m sale of London’s iconic Battersea Power Station, transferring control of the derelict landmark from Hong Kong ownership to Irish investors. The sale is a boon for Ashurst, which is set to score the lucrative and high profile ongoing mandate for the £2bn redevelopment of the 38-acre site, […]
White & Case has carried out a second raid on Dewey Ballantine, poaching its rival’s head of restructuring in New York. Alan Gover has joined White & Case’s New York office, the second head of department to quit Dewey for White & Case this week. Earlier this week, two of Dewey’s most prominent energy lawyers, […]
Berrymans, Ricksons and Simpson & Marwick have won places on the Motor Insurers’ Bureau (MIB) panel. After a tender process, four firms were appointed by MIB for a three year period with Weightmans, which has acted for MIB for 15 years, the only firm re-appointed to the panel. MIB’s chief executive Ashton West said: “We […]
Chadbourne & Parke has bolstered its Korean practice as part of its Asia strategy, with the hire of a key Korean corporate counsel. Chadbourne has hired Samsung Electronics vice president and corporate counsel Kyunghoon Lee, who was also acting general counsel for the Samsung Strategic Planning Office in Seoul, Korea. The company is a key […]
Manches has failed in an attempt to recover £570,000 of unpaid fees from the chief executive of bankrupt video games company Gizmondo. This morning (Thursday 30 November) Judge Philip Price QC, sitting as a deputy High Court judge, ruled that there had been no guarantee made between Carl Freer and Manches over payment of the […]
Thring Townsend partner Kerrie Hunt advised the England rugby coach Andy Robinson on his exit this week. Robinson quit as the world champion’s coach yesterday (29 November) after 25 months in charge and a disastrous run of games which saw England lose eight of their last nine matches. Hunt would not comment on the terms […]
Lovells has poached a Simmons & Simmons corporate partner to boost its Frankfurt offering. M&A and private equity specialist Wolfang Hess will leave Simmons’ Frankfurt office in January, joining Lovells as a partner, according to German publication Juve. According to Juve, Lovells’ managing partner David Harris said: “Our clear goal is to strengthen our German […]
The Solicitors Regulation Authority (SRA) is to crack down on abuse of the rules governing referral fees, it was announced today (Thursday 30 November). The move follows a resolution passed by the SRA board in September to examine the underlying principles of the current referral fee arrangements. The SRA, also known as the Law Society […]