31 May 2004

Ashurst to replace Freshfields on Green’s M&S bid

Ashurst is taking over Freshfields Bruckhaus Deringer’s role as Philip Green’s adviser on the bid for Marks & Spencer. The decision was made as an injunction barring Freshfields from acting for Green on the takeover due to concerns over pot… Ashurst is taking Freshfields Bruckhaus Deringer‘s place as Philip Green’s adviser on the bid for […]

Hammonds swoop for Wragge & Co private equity partner

Wragge & Co has lost its fifth partner in six months, with private equity partner Peter McLintock quitting to join the Birmingham arm of Midlands rival Hammonds. McLintock, previously a senior legal adviser to venture capitalist 3i is leaving the Birmingham giant to head up Hammonds’ Midlands private equity practice. Confirming McLintock’s resignation Wragges’ senior […]

Freshfields off Green bid as injunction is upheld

Marks & Spencer’s injunction against Freshfields Bruckhaus Deringer has been upheld, after the firm was refused leave to appeal. In an astonishing move, the two judges, Lord Justice Pill and Lord Justice Kay, both agreed that the firm, acting for Philip Green on a bid for the retailer, could not appeal the injunction that was […]

Freshfields update: “The horse may well have bolted.”

Freshfields Bruckhaus Deringer has offered two undertakings in its attempt to overturn an injunction preventing the firm from acting on Philip Green’s bid for Marks & Spencer (M&S) So far during the hearing, which is in session at the moment, Michael Brindle QC, as counsel for Freshfields, has undertaken that “Green and the consortium have […]

Green set to replace Freshfields within hours

Philip Green is set to appoint a new law firm within the next few hours to potentially replace Freshfields Bruckhaus Deringer. Freshfields is currently waiting to appeal an injunction brought against the firm yesterday by Marks & Spencer’s (M&S) law firm Slaughter and May with a hearing set for 2.00pm this afternoon (3 June). However […]

Freshfields stands down as appeal hearing pends

Freshfields Bruckhaus Deringer is expected to be granted leave to appeal this afternoon (3 June) against the injunction brought against the firm yesterday by Marks & Spencer’s lawyers Slaughter and May. A hearing has been scheduled at 2.00pm today where the firm’s application to appeal will be heard. It is then expected Freshfields’ appeal will […]

Freshfields appeal bid hits court vacation time

Freshfields Bruckhaus Deringer’s attempt to appeal an injunction brought against the firm by Marks & Spencer’s (M&S) lawyers Slaughter and May could be hampered by the one week court vacation period. The firm had until 10.30am this morning (3 June) to lodge an appeal against an injunction blocking Freshfields from acting for Philip Green on […]

Lathams shakes up LA management

Latham & Watkins has replaced the managing partner of its Los Angeles office after a six-year tenure. Martha Jordan is being replaced by John Clair, a tax partner who has held a number of management positions over the past four years including serving as a member of Latham’s management committee. Jordan will continue her corporate […]

Freshfields injuncted on M&S bid

Slaughter and May has secured an injunction preventing Freshfields Bruckhaus Deringer from acting for Philip Green in his bid for Marks & Spencer. However Freshfields counsel Michael Brindle QC of Fountain Court Chambers appealed the decision immediately. The injunction has now been stayed until a hearing scheduled for 10.30am tomorrow morning (3 June). In an […]

Nomura looks to Wragges for new hire

Japanese investment bank Nomura has tapped Wragge & Co’s corporate team for a new addition to its asset finance group. Nick Smith, who has been a partner at Wragges for five years and with the firm for a total of 14 years, is joining Nomura in a newly created non-legal role as part of the […]

Former Herbert Smith partner to hear M&S injunction bid

Counsel for Slaughter and May and Freshfields Bruckhaus Deringer will today face a former Herbert Smith partner turned judge as Marks & Spencer’s (M&S) lawyers attempt to secure an injunction. Lawrence Collins, who as a partner at Herbert Smith gained silk in 1997 and was appointed to the High Court in 2000, will preside over […]

M&S fight begins as Slaughters hits Freshfields with injunction

Slaughter and May has come out fighting on behalf of client Marks & Spencer (M&S) by seeking an injunction barring Freshfields Bruckhaus Deringer from acting for Philip Green. According to reports Slaughter and May yesterday sought a High Court injunction to block Freshfields advising its new client Green, arguing that the firm was conflicted since […]