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money finance

White & Case’s City profits skyrocket by nearly 40 per cent

White & Case‘s net profit in London shot up nearly 40 per cent over 2017, according to the firm’s LLP accounts for the last financial year. The US firm revealed a strong year for the firm in London, as well as its Johannesburg office, which is also covered in the figures. Year-end figures for 2017 […]

Rachael Davidson

National Grid UK GC takes up new role at utility giant

National Grid’s UK general counsel Rachael Davidson has swapped her role for another within the company, taking on a new position in the group’s non-core business unit. Davidson has become general counsel for National Grid Ventures, which operates in competitive markets outside of National Grid’s core regulated activities in the UK and US. Her role […]

Belfast

A&O strikes canny office deal in overheated Belfast market

Allen & Overy (A&O) has secured a money-saving rent deal for its Belfast outpost, following the sale of the office for over £15m earlier this week. From March 2021, A&O will pay £19.50 per sq ft for the Grade A office development in the ObelComplex along Belfast’s waterfront, spanning seven floors. The rate is 13 per […]

blockchain

Clifford Chance partner takes top legal job at blockchain developer

Clifford Chance corporate finance partner Alex Erasmus is to join a blockchain software company later this year as its new chief legal officer. London-based Erasmus will join the executive committee of Block.one in Hong Kong. Block.one is the software publisher behind open-source blockchain protocol EOSIO, which was launched in June 2018 and provides secure and […]

Shoosmiths Manchester advises Allied London on milestone pre-let to popular travel website

Shoosmiths acted for Allied London on the pre-let of 222,000 sqft of space at Manchester Goods Yard, which forms part of Allied London’s Enterprise City tech campus. Booking.com will be one of Enterprise City’s anchor tenants in the 12-year letting deal which will provide a new global headquarters for the group’s ground transportation division, Rentalcars.com. […]

Shoosmiths advises Firesprite on exclusive PlayStation VR deal for The Persistence

Headed by partner Laura Harper, Shoosmiths’ IP & Creative Industries experts have advised Firesprite on a major licensing and worldwide digital and disc distribution deal for its new virtual reality game The Persistence. The team also provided advice on brand protection and trademark registrations. The deal will see Sony take exclusive ownership over the license […]

Loyens & Loeff advises Development Partners on acquisition of stake in MNT Investments

Loyens & Loeff advised Development Partners International LLP, a UK-based company and a leading African focused private equity firm, on the acquisition of a minority stake in MNT Investments B.V., the holding company for Mashroey and Tasaheel; market leaders in the fast growing and highly underpenetrated consumer finance and microfinance sectors in Egypt. The investment […]

Maria Ludkin, GMB

Hot 100 career quiz: Maria Ludkin

Name: Maria Ludkin Position: Chief Counsel Organisation: WaveOptics (formerly at GMB) In Hot 100 for: As GMB’s head of legal, fighting valiantly for workers’ rights. Read her full Hot 100 profile here. What’s your most vivid memory from being a trainee? My supervising partner having early confidence in me and giving me my own cases to work on. I […]

sfo

SFO withdraws arrest warrant against MoFo client in ENRC case

The Serious Fraud Office (SFO) has withdrawn the arrest warrant it had issued against the chief executive of the Eurasian Resources Group, in the latest development to the agency’s long-running investigation into its subsidiary company ENRC. Last month, the SFO announced that ERG’s CEO Benedikt Sobotka was wanted for alleged refusal to comply to an […]

City

Latham targets A&O for second infrastructure hire this week

Another magic circle partner is to join Latham & Watkins in London, as it sets its sights on winning work in the infrastructure M&A market. Allen & Overy partner Conrad Andersen, who was promoted in 2008, is to join Clifford Chance partner Brendan Moylan at the US firm. The latter’s move was revealed yesterday. While […]

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