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Linklaters axes CEE offices; new firm created" />Linklaters will axe its offices in Bratislava, Bucharest, Budapest and Prague from November, following a review of its presence in Central and Eastern Europe (CEE).
Eight Linklaters partners across four offices will combine to form a new, independent firm which will have a close relationship with Linklaters. Prague-based CEE head Jason Mogg will join the breakaway outfit when it opens for business on 1 November.
Mogg said: “The very strong relationship between Linklaters and the people in the new regional firm is set to develop further. This innovative approach is perfectly suited to these dynamic markets.”
Meanwhile the magic circle firm has launched a new group to service emerging markets in Europe, Middle East and North Africa (EEMENA), which is headed by capital markets partner Nick Eastwell, as first reported by The Lawyer (12 May 2008
Eastwell's current post is to be filled by structured finance and securitisation partner Jim Rice for a four-year term.
Linklaters has kept hold of its offices in Poland and Russia and will focus on building its brand in other emerging markets such as Ukraine, Kazakhstan and Turkey.
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