The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Travers Smith Braithwaite saw off competition from two rival law firms to scoop the mandate on the public-to-private buyout of toy emporium Hamleys.
The management buyout, which values Hamleys at £47.2m, was backed by Iceland's largest retailer Baugur and headed by the toy shop's chief operating officer John Watkinson and finance director Ian Parker. Baugur was advised by Allen & Overy.
Chris Hale, head of corporate and private equity at Travers Smith, said the firm was asked to tender for a role advising the management in February.
Commenting on whether fees formed part of the criteria in winning the beauty parade, Hale said: "I don't even think that price was mentioned."
KPMG Corporate Finance was involved in the tender process as financial adviser to the bidder and received legal representation from DLA.
A team at Norton Rose, led by acquisition finance partner Tom Speechley, consolidated its standing as one of the Royal Bank of Scotland's law firms of choice on mid-market deals by representing the bank on its £33.9m investment in the new company.
Icelandic bank Íslandsbanki provided a £10.3m injection of mezzanine for the deal, advised by Ashurst Morris Crisp.
Denton Wilde Sapte reprised its role as law firm to Hamleys, which received financial advice from Close Brothers Corporate Finance. It is not yet clear whether Dentons will continue to act for Hamleys now that the company has been taken private.