Skadden Arps Slate Meagher & Flom has been replaced as adviser to Ukrainian businessman Gennadiy Bogolyubov in a long-running dispute with PrivatBank over frozen assets worth up to $2.4bn. The swap from Skadden to Enyo is the latest twist to a case that looks likely to be heard next in the Court of Appeal. Bogolyubov changed his legal […]
City litigation heavyweights are preparing for the latest case between Ukrainian lender PrivatBank and its former owners, the Ukrainian oligarchs Gennadiy Bogolyubov and Igor Kolomoisky, which could be worth up to $2.6bn (£2bn). Partners from Hogan Lovells, Skadden Arps Slate Meagher & Flom, Fieldfisher and Pinsent Masons will face off in the High Court as PrivatBank alleges […]
The $1.5bn dispute between three Russian oligarchs has ended in a unanimous High Court decision in favour of Macfarlanes and Maitland Chambers client Oleg Deripaska over a right of first refusal clause in a Russian mining company’s shares. Macfarlanes partners Iain Mackie and Simon Nurney instructed Maitland Chambers’ Christopher Pymont QC, David Mumford QC, Thomas […]
Akin Gump Strauss Hauer & Feld is to step down from representing oligarch Viktor Vekselberg from September, triggering a search for new legal counsel. The move comes as sanctions imposed by President Trump’s administration continue to have an effect on high-stakes litigation worldwide. It is understood that the firm has been granted a temporary licence by the […]
Skadden Arps Slate Meagher & Flom has been replaced as adviser to Ukrainian businessman Gennadiy Bogolyubov in a long-running dispute with PrivatBank over frozen assets worth up to $2.4bn. The swap from Skadden to Enyo is the latest twist to a case that looks likely to be heard next in the Court of Appeal. Bogolyubov changed his legal […]
City litigation heavyweights are preparing for the latest case between Ukrainian lender PrivatBank and its former owners, the Ukrainian oligarchs Gennadiy Bogolyubov and Igor Kolomoisky, which could be worth up to $2.6bn (£2bn). Partners from Hogan Lovells, Skadden Arps Slate Meagher & Flom, Fieldfisher and Pinsent Masons will face off in the High Court as PrivatBank alleges […]
The $1.5bn dispute between three Russian oligarchs has ended in a unanimous High Court decision in favour of Macfarlanes and Maitland Chambers client Oleg Deripaska over a right of first refusal clause in a Russian mining company’s shares. Macfarlanes partners Iain Mackie and Simon Nurney instructed Maitland Chambers’ Christopher Pymont QC, David Mumford QC, Thomas […]
Akin Gump Strauss Hauer & Feld is to step down from representing oligarch Viktor Vekselberg from September, triggering a search for new legal counsel. The move comes as sanctions imposed by President Trump’s administration continue to have an effect on high-stakes litigation worldwide. It is understood that the firm has been granted a temporary licence by the […]
DWF has confirmed its intention to float on the London Stock Exchange’s premium list in March, following Financial Conduct Authority approval last week. The firm has said that it expects to raise £75m to repay a portion of partner capital in the business with current partners expected to hold the majority of shares in the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March. Protestors claim that the firm is “prioritising their convenience over [resident] health”. The generator is used to power the London office’s lifts and air conditioning. […]
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
The Lawyer‘s Christian Smith, Catrin Griffiths, Richard Simmons, Katy Dowell and Charlotte Lear are joined by College of Legal Practice CEO Giles Proctor for this emergency episode of The Lawyer Podcast as they discuss the latest Solicitors Qualification Exam debacle: marking errors that led to 175 students being incorrectly told they had failed. What went […]
