The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Linklaters and Slaughter and May have been called in to act on a £275m rights issue by betting group Ladbrokes.
Richard De Carle
Slaughter and May corporate partner Richard De Carle advised longstanding client Labrokes on the fully underwritten share issue.
Linklaters won the instruction to act for the group of banking sponsors and underwriters, which included UBS, Deutsche Bank, Barclays, Lloyds TSB and RBS.
Corporate partner Jessamy Gallagher led the Linklaters team.
Slaughters has been lead corporate adviser to Ladbrokes for more than a decade. In 2006, De Carle acted for the company during merger talks with betting website 888.com.
Linklaters has advised the underwriting banks on a string of rights issues this year, including the £12.5bn issue by HSBC (9 March 2009) and mining group Xstrata’s £4.1bn cash call (29 January 2009).
Labrokes rival William Hill also turned to shareholders to raise extra cash earlier this year. Ashurst advised the company for the £350m rights issue and Skadden Arps Slate Meagher & Flom acted for the banks (27 February 2009).