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.
Weil Gotshal has snared a historic win advising Terra Firma on the £3.2bn takeover of music publishing giant EMI after a hard-fought auction.
A Weil Gotshal team led by corporate partners Marco Compagnoni and Ian Hamilton advised the private equity house, just weeks after advising Terra Firma on its unsuccessful bid for Alliance Boots.
Weil Gotshal’s relationship with Terra Firma is of relatively recent standing and is mainly linked with Marco Compagnoni, who arrived at the US firm from Lovells 18 months ago.
The EMI deal underlines the growing power of law firms with a developed private equity capability. The announcement comes after private equity firms Cerberus, Fortress and One Equity all expressed an interest in bidding for the company.
EMI instructed long-term adviser Freshfields Bruckhaus Deringer to advise on the deal, accepted the 265p a share cash offer made by Terra Firma, which values EMI at £3.2bn including debt. M&A partner Mark Rawlinson led the Freshfields team.
EMI has said it will go ahead with securitisation of its music publishing assets.