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.
Mishcon de Reya and Reed Smith both won roles on the Reuben Brothers’ £130m purchase of the historic Piccadilly Estate from receivers Allsop.
Reuben Brothers investment vehicle Aldersgate Investment Managers paid cash for the 1.3 acre estate, which comprises six buildings including the former site of the In & Out Club.
The property had been on sale since last summer and sparked interest across the globe, with more than 150 parties reported to have inspected the grounds. Reuben Brothers entered into negotiations less than a month ago and contracts were exchanged within one week of the agreement of heads of terms.
Reed Smith, led by real estate partner Jimmy Theodorou, advised Aldersgate.
Mishcon advised Allsop, which was appointed as receiver under the Law of Property Act, with real estate partner Nick Minkoff heading the deal.
Minkoff brought the instruction with him when he joined the firm from SJ Berwin in January 2010.
In a statement Theodorou said: “It’s a positive sign for the market that there was so much interest in the site. The fact that we managed to get the deal exchanged within five working days is a real credit to the legal teams involved.”