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London Stock Exchange

Travers and Gowling WLG win roles on City’s largest trust flotation

Travers Smith and Gowling WLG have advised on Smithson Investment’s IPO debut on the London Stock Exchange, which is set to be the City’s biggest ever flotation by a trust. Travers partner and head of listed funds, Aaron Stocks, led the firm’s team for Smithson and was assisted by senior associate Leigh Stockey. Gowling WLG […]

Miriam Gonzalez

Dechert’s Miriam Gonzalez to leave firm for United States

Dechert’s trade co-chair Miriam Gonzalez is to leave the firm, after it was revealed she would be moving to California with her husband Nick Clegg, the former deputy prime minister, who has been named as Facebook’s head of global policy and communications. Gonzalez is one of Dechert’s most recognisable faces in London, having joined the […]

moves, lateral hires and exits

The speed read: this week’s key moments in the legal world

Becoming a partner in a law firm is a crowning achievement for any lawyer – but, as highlighted in Lawyer issues past, high-flyers are finding new career opportunities after a life in private practice. This week The Lawyer revealed that another one of Slaughter and May’s most revered M&A dealmakers would be bowing out of […]

Aldgate

Divisions emerge as Ince partners gather for merger debrief

A proposed merger with Gordon Dadds will be high on the agenda at Ince & Co‘s partner conference in London this weekend, with at least one of the insurance firm’s international offices already understood to have voiced their opposition to the deal. The Lawyer understands that Ince’s Paris office has told senior management it will not […]

London

Close Brothers begins hunt for new GC

Merchant bank Close Brothers has kicked off its search for a new general counsel, as it was announced that Elizabeth Lee would be retiring as the company’s legal head later this year. Lee joined Close as general counsel in September 2009 and was further appointed as a director in August 2012. Prior to Close Brothers, […]

A&O has largest law firm flex offering as revenue soars

Allen & Overy’s (A&O) contract lawyers arm Peerpoint is the largest revenue generator of any law firm-linked flexible working service, with a UK revenue of £25m this year, it can be revealed. Peerpoint’s rapid growth since launching five years ago is a clear indication of a change in sentiment towards the use of contract lawyers […]

Schoenherr’s lead counsel advises Aves on the acquisition financing of NACCO/CIT Group

By Peter Feyl, Ursula Rath, Denisa Lazarescu Schoenherr, acting as lead counsel for the financing, successfully advised Aves One AG (“Aves”) on the financing of the acquisition of the NACCO/CIT Group. On 1 October 2018, Aves closed the NACCO/CIT Group transaction by acquiring 100% of NACCO Luxembourg S.à r.l. with around 4,400 freight cars, which will be managed […]

Loyens & Loeff’s banking partner relocates to its London office

By Marc Klerks, Willem Jarigsma  Willem Jarigsma, banking partner, has relocated to the London offices of Loyens & Loeff. He replaces Vincent Vroom who rejoins the firm’s restructuring practice in Amsterdam. Willem Jarigsma, managing partner of the firm from April 2014 until April 2018, joins tax partner Marc Klerks who also recently moved to London. […]

High Court

Tchenguiz costs rise to £24m after withdrawing ‘failed’ claim

The withdrawal of Robert Tchenguiz’s accusations against the accountancy firm Grant Thornton and a number of other businesses will cost the property mogul nearly £24m as a result of a High Court judgment passed down yesterday. Mr Justice Robin Knowles ordered Tchenguiz to pay £11.2m to Travers Smith client Jóhannes Jóhannsson of the collapsed Icelandic bank […]

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