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.
Land Securities has turned to stalwart adviser Slaughter and May for advice on its £755.7m rights issue.
Slaughters has a longstanding relationship with the property giant and recently advised it on the £444m sale of Land Securities Trillium to Telereal (9 January).
On the rights issue, the Slaughters team was led by corporate partner Gavin Brown, who said the company had considered a range of options to manage its balance sheet. Ultimately Land Securities decided on a share issue rather than raising cash through other instruments or convertible bonds.
Brown was assisted on the deal by corporate associates Richard Smith and Grace Impey, tax associate Richard Jeens and pensions associate Ellen Swan.
The issue is being fully underwritten by Citi and JPMorgan, with Citi, JPMorgan Cazenove and UBS Investment Bank acting as joint bookrunners and joint sponsors.