Stephenson Harwood and Travers Smith took key roles on the launch and flotation of peer-to-peer (P2P) loans business P2P Global Investments (P2PGI) on the London Stock Exchange’s main market.
Chicago-based law firm Katten Muchin Rosenman has created a dedicated City-based asset management group with the hire of two new partners.
The liquidators of Bernard L. Madoff feeder fund Fairfield Sentry, represented by British Virgin Islands (BVI) firm Forbes Hare and Macfarlanes, have lost two key points before the Privy Council in an important judgment.
Field Fisher Waterhouse has further bulked up its finance group with the hire of Simmons & Simmons partner Philip Abbott.
Offshore firm Ogier has sold its fiduciary business in a management buy-out backed by private equity company Electra Partners, which values the business at £180m.
Investment management company CBRE Global Investors has promoted its deputy EMEA general counsel Anja Ijlstra to the position of general counsel for the EMEA region.
Cayman Islands boutiques Travers Thorp Alberga and Paget-Brown are merging in early 2014, just a year after the former enticed ex-Maples and Calder managing partner Anthony Travers back to practice.
Boutique funds firm MJ Hudson has added to its team with the hire of a duo of senior lawyers, including legacy SJ Berwin partner Graham Nicholson.
What’s in a name? Nothing, if there’s a number — what if the name and the BIC/account number don’t match? download subscription
Since 2007, all the major UK clearing banks have processed and routed electronic payments on the basis of sort code (or bank identifier code — BIC) and account number.
Tech companies taking longer to IPO download subscription
The latest report on venture capital funding in the tech sector from CB Insights has revealed an interesting trend in the nature of tech businesses coming up to IPO.
India opens up its rail sector to foreign investment download subscription
On 6 August, the Union Cabinet of India approved 100 per cent foreign direct investment in railway infrastructure.
Four years ago, in July 2010, Simpson Thacher lost an up-and-coming high yield counsel to Freshfields Bruckhaus Deringer, having passed him by for partnership.
Clifford Chance is understood to be losing four private equity associates to join partners at firms including Latham & Watkins and Simpson Thacher & Bartlett, underlining the vulnerability of magic circle firms to headhunters acting for US firms in London.
Squire Patton Boggs has chosen legacy Patton Boggs’ Saudi associate firm Khalid Al-Thebity as its local representative, leaving legacy Squire Sanders’ affiliate to pursue independence.
Entries for this year’s Lawyer Awards Funds Team of the Year saw innovative structures and many firsts for good causes
The Cayman Islands dominates the offshore world, but can it maintain its leading position?
The latest offshore deals comprise a few firsts, including a groundbreaking hybrid mutual in Bermuda and the largest ever catastrophe bond issuance