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.
Taylor Wessing has bagged the mandate to act for Brawn GP on the Formula 1 team’s acquisition by Mercedes Benz parent company Daimler AG.
Corporate partner Russell Van Praagh led the team on the deal which also saw Abu Dhabi investment company Aabar Investments buy a 75.1 per cent stake in the company.
A Shearman & Sterling team led by the co-head of its London corporate group Laurence Levy acted for Aabar. Lovells advised Daimler on the transaction, with corporate finance partner Frances Le Grys taking the lead.
Van Praagh led Taylor Wessing when the firm advised Brawn on its last-ditch management buyout of Honda Racing F1 earlier this year before the team’s shock World Championship victory.
Van Praagh said: “This deal proves that, despite the recession, significant investors still see value in Formula 1.”