Three US firms are guiding social media scrapbook company Pinterest through its IPO listing on the New York Stock Exchange. Cleary Gottlieb Steen & Hamilton won the mandate for the company, working on a dual-class structure with partners Ethan Klingsberg, Jeffrey Karpf and Pamela Marcogliese in its corporate team. Skadden Arps Slate Meagher & Flom is […]
Clifford Chance and Baker McKenzie are advising Saudi shopping mall giant Arabian Centres Company, as it seeks to raise $1.2bn in what would be the Kingdom’s largest IPO in five years. Bakers’ EMEA head of capital markets Adam Farlow and senior associate George Marshall are acting for Arabian Centres in the UK, alongside partners Robert […]
Fashion retailer LK Bennett has been sold to its Chinese franchise partner Byland, following a round of restructuring led by DLA Piper, administrators EY and Womble Bond Dickinson. In March, veteran DLA Piper partner Richard Obank was instructed by LK Bennett’s administrators on the restructuring process, leading a team that included Leeds partner Colin Ashford […]
Cooley is one of three US heavyweights advising on Uber’s long-awaited IPO, as it prepares for its May debut on the New York Stock Exchange. According to Uber’s filing with the Securities and Exchange Commission yesterday, Cooley, led by its co-head of global capital markets David Peinsipp and partners Siana Lowrey and Andrew Williamson, is […]
Shoosmiths has outlined plans for a fresh three-year strategy, with new CEO Simon Boss hoping to break through the £200m barrier by 2022. Former head of real estate Boss, who replaced Claire Rowe as CEO at the beginning of the year, has set his sights on boosting the firm’s revenue by 55 per cent in […]
A group of trainees and associates brimming with innovative tech ideas is being given the opportunity to take the reins, collaborate with partners and revolutionise how firms work
A handful of firms have realised that effective alumni networks can help solve longstanding problems of resource allocation – and the likes of Clifford Chance and Allen & Overy are putting structures in place to mine it.
Six firms were shortlisted in the Swiss Firm of the Year category at The Lawyer European Awards. But what made the winner stand out?
The gender pay gap – now an annual event – throws together a whole bunch of numbers, statistics and pledges to change. But if there’s five things to take away from the results, then here they are.
How resilient are today’s lawyers and how can people still operate effectively when legal teams are being stretched in all directions? Members of our panel give their views
The story of the failure of KWM’s UK arm has been well documented, but little has been written about what happened next. How have its alumni fared? And did partners make the right choice in those final weeks?
In-house lawyers join a roundtable hosted by The Lawyer and Elevate to discuss the role of AI, collaboration and streamlining processes to create efficiencies
Networks which bring lawyers together globally are thriving. How are the winners and shortlisted networks in our European Awards expanding their offering to improve cross-border collaboration?
As competition bites, our panel discusses how firms can cut costs, retain talented lawyers and use technology to retain clients
By James Webb Despite 2018 being a very tough year for many in the food and drink industry, according to research compiled by Grant Thornton, M&A and private equity deal activity in the sector remained steady with a fall of just 2.8% compared to 2017. This is supported by our experience during the period where […]
By Mark Josselyn Earlier this year the Human Rights Tribunal of Ontario (“HRTO”) found that a corporate respondent was liable for the violations of the Ontario Human Rights Code perpetrated upon the applicant by the personal respondent in the course of his employment, relying upon the analysis of the Supreme Court of Canada in Robichaud v. […]
For decades, Germany has been one of the biggest foreign investors in the UK. While the British love to talk about their ‘special relationship’ with the United States, there is now every chance that, in a post-Brexit world, Germany will become the UK’s new priority…
By Daniel Wood The Supreme Court has handed down judgment in the high-profile case of MT Højgaard v E.ON Climate & Renewables. The Supreme Court has overturned the Court of Appeal’s decision and – in so doing – has provided useful clarification in respect of various important principles… …In this decision, the Supreme Court was willing […]
Currently, Income Tax Act, 1961 (IT Act) provides for imputing income in the hands of the transferor/transferee if the transaction of transfer/receipt of unquoted shares is not at fair market value (FMV). As far as the recipient is concerned, when a person receives, inter alia, unquoted shares of a company for a consideration which is […]
On 10 January 2017, the Reserve Bank of India (RBI) notified the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Fifteenth Amendment) Regulations 2016 (Amendment), amending the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations 2000 (Regulations)… … The Amendment opens up […]
Debtors do not have to inform invoice financiers of agreed rebates according to a recent case in the Court of Appeal which upheld an earlier High Court decision. Funders will be expected to make their own enquiries; should they fail to do so, it is at their own peril. The case involved a claim by the financier (Bibby […]
