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.
Sullivan & Cromwell and Munger Tolles & Olson have snared the lead roles on Warren Buffett’s $5bn (£2.7bn) cash injection in Goldman Sachs, announced yesterday (23 September).
Sullivan relationship partner for Goldman, John Mead is leading the New York-based firm’s team on the deal. Buffett’s Berkshire Hathaway fund has turned to longstanding adviser Bob Denham at Munger.
As reported by The Lawyer earlier this week (Monday 22 September), Sullivan is also advising Goldman on its conversion to a bank holding company. Buffett’s investment is part of a $7.5bn (£4bn) fund for Goldman.
Denham has advised Berkshire Hathaway on a range of recent deals including its $4.5bn (£2.4bn) acquisition of Marmon Group in 2007.
As part of the deal, Berkshire Hathaway will buy $5bn (£2.7bn) of preferred stock and will be given warrants that will allow the group to purchase $2.5bn (£1.3bn) in common stock through a public offer.