Huntingdon MP Jonathan Djanogly has returned to the back benches after losing his role as justice minister to lawyers Jeremy Wright and Helen Grant following yesterday’s cabinet reshuffle. The announcement came shortly after employment minister Chris Grayling, a non-lawyer and former TV producer at BBC News, replaced Ken Clarke as Justice Secretary (4 September 2012). […]
US firms Latham & Watkins, Skadden Arps Meagher & Flom, Sullivan & Cromwell and Weil Gotshal & Manges have all won roles advising on Valeant Pharmaceuticals’ $2.6bn (£1.6bn) acquisition of dermatology drugmaker Medicis Pharmaceutical. The terms of the deal see Valeant, the Canadian publicly-traded drugmaker, pay $44 (£28) per share in cash for US-based Medicis. […]
Pinsent Masons has completed its post-merger redundancy consultation among support staff, with 47 losing their jobs. Pinsents began the redundancy consultation in June (25 June 2012) when around 40 back office staff were expected to lose their jobs. The firm said the consultation was a result of its merger with Scottish firm McGrigors, which created […]
Berwin Leighton Paisner (BLP) and Norton Rose are advising as Genesis Energy, which was founded by the Israeli billionaire who also owns almost half of Playtech, looks to float on AIM. Genesis Energy has interests in seven offshore licences in the Mediterranean Sea between Cyprus and Israel, an area that is reportedly rich in natural […]
Milbank Tweed Hadley & McCloy has hired a leveraged finance partner from Mayer Brown in London. Neil Caddy, who advises financial institutions on acquisition financings and restructurings, joined Mayer Brown as a partner from Allen & Overy (A&O), where he was an associate, in February 2010 (1 February 2010). Caddy was one of a number […]