31 July 2006

McDermott raid strengthens White & Case finance disputes team

White & Case has furthered its bid to develop a dedicated financial regulation advisory team with the hire of John Reynolds from the London office of US rival McDermott Will & Emery. Reynolds, previously head of McDermott’s UK international dispute resolution group, joins White & Case as a partner in the financial dispute resolution team. […]

Hammonds celebrates as Football League fight ends

Hammonds is celebrating after its fight with the Football League finally came to an end today (4 August). In June Mr Justice Rimer handed down judgment in the League’s claim against Hammonds forerunner Edge Ellison, finding that the firm was not guilty of negligence in advice it gave over contracts with ONDigital (now ITV Digital). […]

Smiths raid signals Harbottles’ music comeback gig

Harbottle & Lewis has ended its search for a new head of music, hiring former Polydor Records business affairs director Paul Jones. The hire of Jones, who is currently a partner at new media and entertainment boutique Smiths, comes just weeks after Harbottles’ last remaining music partner James Sully announced he was leaving the firm […]

Celebrity libel actions double in a year

Celebrity libel actions have more than doubled during the last year as the English courts have witnessed a dramatic increase in the total number of defamation cases. There were 20 celebrity libel cases in the courts in the 2005-06 financial year, compared to just nine the previous year, according to legal information providers Sweet & […]

Terra Firma retains Lovells on Europe’s largest CMBS despite defections

Lovells has maintained its relationship with private equity house Terra Firma to advise on a landmark securitisation, even though the firm lost the original partner on the deal to Clifford Chance. It is understood that Lovells won the mandate because arranger Citigroup had already instructed Clifford Chance, and therefore the magic circle firm was conflicted. […]

DLA wins BoS-Reuben role on £1.1bn McCarthy & Stone offer

DLA Piper Rudnick Gray Cary is acting for Mother Bidco, the consortium which has pushed aside a rival bidder to place recommended offer for retirement home developer McCarthy & Stone. Manchester corporate partners Paul Rimmer and Jonathan Watkins are advising the consortium which consists of Bank of Scotland, the Reuben brothers and Sir Tom Hunter. […]

McDermott raids Bakers for securitisation push

McDermott Will & Emery is set to land Baker & McKenzie securitisation partner Paul-Michael Rebus for its London office. Rebus was Bakers’ first London securitisation partner when he joined as a senior associate from Cadwalader Wickersham &Taft in 2004. Bakers has since ramped up its London securitisation practice follwing its raid on Norton Rose last […]

Burges Salmon reveals 13 per cent PEP increase

South West firm Burges Salmon has seen its profit per equity partner (PEP) fall below rival Osborne Clarke for the first time in five years despite posting a 13 per cent rise in PEP. PEP grew to £410,000 at Burges Salmon in the 2005-06 financial year compared with £363,000 in 2004-05. However, Osborne Clarke’s PEP […]

Burness appoints MP in management shake-up

Burness has brought to an end a period of almost four years without a managing partner at the same time as introducing a complete new management structure. The Scottish firm has appointed Ian Wattie to the newly reinstated position of managing partner following a contested election last month. Burness has not had a managing partner […]

Willkie Farr partner suspended for fraudulent billing

A former US tax partner at New York firm Willkie Farr & Gallagher has been suspended from practice for one year after being caught billing clients $30,000 worth of personal phone calls. Patrick Carmody, who joined Willkie Farr in 1990 and became a partner in 1998, resigned from the firm in April 2003 after his […]

BPP wins solicitor-advocate job with Norton Rose

Norton Rose is outsourcing its solicitor-advocate training to BPP Professional Development in an exclusive deal. The firm has signed a two-year agreement with BPP in order for trainees qualifying into the litigation department to obtain their higher rights of audience. Norton Rose previously trained its solicitor-advocates in-house, and currently has 23 litigators with higher rights. […]

Mishcons wins Deutsche Bank bully case

Mishcon de Reya has won damages of over £800,000 for a company secretarial assistant who was bullied by fellow employees at Deutsche Bank. Partner Tony Morton-Hooper represented Helen Green, who was claiming damages for a “deliberate campaign” of bullying by colleagues. Yesterday (1 August) Mr Justice Owen handed down judgment finding in Green’s favour and […]