The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Simpson Thacher & Bartlett has won a beauty parade to advise the US government on its $700bn (£412bn) financial markets bail-out package.
New York partner Lee Meyerson is leading a team advising the US Treasury on the rescue package. This is the second major credit-crunch related instruction Meyerson has won - last month he was drafted in to advise longstanding client Washington Mutual on its acquisition by JPMorgan (TheLawyer.com, 26 September).
As part of bail-out package the US Treasury is selecting a range of asset managers that have at least $100bn (£58.86bn) of fixed income assets under management to implement the process alongside a number of investment consultants. They will manage the process of buying mortgage-backed securities for the government so they can be removed from troubled banks’ balance sheets.
Seven policy teams have also been created in different areas of the package including asset insurance, executive compensation and compliance, home ownership preservation, mortgage-backed securities purchases and whole loan purchases.