Freshfields Bruckhaus Deringer is advising Advent International on its potential €2bn deal with French pharmaceuticals company Sanofi.
Freshfields Bruckhaus Deringer is advising Advent International on its potential €2bn deal with French pharmaceuticals company Sanofi.
Gender diversity is high on the agenda for Anglo American group GC Richard Price when the mining juggernaut goes prospecting for law firm gold
McDermott Will & Emery has hired a life sciences team in Frankfurt from Dechert, which just yesterday saw a team decamp from its London office for Goodwin Procter. The team is being led by partner Rüdiger Herrmann, who joined Dechert in 2014 from WilmerHale. He was also a partner at Mayer Brown between 2001 and […]
Baker McKenzie has advised French pharmaceutical company Servier in its $2.4bn purchase of Shire’s oncology business, while Davis Polk & Wardwell was on hand for the latter.
Switzerland’s stability in a volatile world is fuelling its economy, and local law firms are having to innovate to compete with global players The Swiss market is in good shape but that does not mean there are no challenges to face. The Lawyer asked for the opinions of some of the market’s leading figures on […]
Clifford Chance has launched a second investigation in under 12 months into the behaviour of a current partner, following allegations of sexual misconduct leaked to The Lawyer. The first allegations emerged in 2015 when the accused partner was based in one of the firm’s European offices, and include multiple allegations of sexual impropriety with staff in […]
Iberian giant Garrigues has seen its revenue rise above the €350m mark for the first time, cementing its position as the highest earning firm in Europe.
Eversheds Sutherland has made up 20 lawyers to its international partnership, including four in the City.
Fallout from the global financial crisis keeps lawyers in CEE busy. But the region’s complexity means the work is best handled by local and international firms working together The EU bailout of Greece is often cited as the pinnacle of national financial mismanagement. Less often spoken about is the situation in Central and Eastern Europe […]
Hogan Lovells and Cravath Swaine & Moore have won the top roles on Novartis’ $9bn purchase of Chicago-based gene therapy company AveXis. The deal, in which the Swiss pharmaceutical giant is offering $218 per share for AveXis, is being led by Hogan Lovells Washington DC-based corporate transactions partner Joseph Gilligan who is advising Novartis. He is working alongside New […]
Head of transformation for Banco Santander’s legal department Gloria Sánchez Soriano talks to The Lawyer on what the in-house function of the future will look like and the skills lawyers will need to fully take advantage of the legal technology available on the market.
Quinn Emanuel Urquhart & Sullivan is advising Ukraine’s largest lender PrivatBank over its $3bn claim against PwC’s Cypriot and Ukraine branches.
Freshfields Bruckhaus Deringer is representing French shopping centre giant Klépierre in its eleventh hour bid for its British rival, Hammerson, The Lawyer can reveal.
Swedish telecoms giant Ericsson has named Xavier Dedullen as its new chief legal officer as Nina Macpherson retires after seven years in the role.
Fieldfisher has chosen Frankfurt as its next city to set up shop, hiring Norton Rose Fulbright partner Rüdiger Litten for the launch.
Covington & Burling is to open its first office in Germany next month with the hire of a six-partner team, The Lawyer can reveal.
Clifford Chance has found a replacement for Continental Europe managing partner and former leadership contender Yves Wehrli.
French firm Gide Loyrette Nouel has announced the “upcoming arrival” of Skadden Arps Slate Meagher & Flom M&A partner Olivier Diaz in a coup for its Paris office.
Ahead of his session at The Lawyer’s GC Strategy Summit, Banco Santander’s head of legal global corporate banking for Germany, Austria and Switzerland Timo Mathias Spitzer talks about the role of the modern in-house lawyer and making a difference within your organisation. How can the legal function be a competitive advantage to its company? A […]
Freshfields Bruckhaus Deringer is to lose its sixth partner in Germany this year; this time to Latham & Watkins’s Dusseldorf office.
As MIPIM 2018 draws to a close, Eversheds head of real estate Bruce Dear reflects on a hectic three days of presenting, assessing the gougères and scanning the horizon.
Dentons has the largest real estate team in the world, new data from The Lawyer has revealed, but the firm faces stiff competition in the global rankings thanks to accelerating consolidation. The global firm, which just last week merged with another seven firms across Africa, the Caribbean and South East Asia, has 375 partners who […]
Danish firm Kromann Reumert was crowned European Law Firm of the Year last night at The Lawyer European Awards.
MIPIM 2018 has begun and The Lawyer’s MIPIM columns are back. The first installment comes from DLA Piper global co-chair of real estate, Antoine Mercier.
Just months after the Simmons & Simmons launch, Lewis Silkin has joined the ranks of firms investing in an Ireland foothold ahead of Brexit.
Credit Suisse has finalised its global legal panel with four firms winning spots on the Swiss bank’s lineup, The Lawyer understands.
The launch of BonelliErede in Egypt, Ethopia and Dubai marked a significant shift in the views of Italian firms towards internationalisation.
Legal tech in Germany is not at such an advanced stage as it is in UK and US law firms. As one IT director at a leading Germany firm admits: “It’s not a secret that we in Germany are a little bit behind developments in the US and UK markets.” They are, however, paying particularly close attention to […]
Freshfields Bruckhaus Deringer and Linklaters have won the top mandates on Eon’s €43bn acquisition of Innogy from its shareholder RWE.
Clifford Chance has advised Spain’s second largest bank BBVA on a £85.4m investment in UK fintech disruptor start-up Atom Bank.
The proportion of women at Europe’s biggest law firms has continued to rise but that increase has slowed, The Lawyer’s European 100 2017 reveals. In 2016 no firms had a majority female partnership. In 2015 women represented over 50 per cent of the partnership at French firms Fromont-Briens and Lefèvre Pelletier. The former merged with […]
The Parisian lateral market boom has continued this week after Dentons hired a team from King & Spalding to grow its real estate offering in the city.
White & Case London corporate co-head Patrick Sarch and Clifford Chance private equity star Amy Mahon took key roles on the €3.5bn sale of a stake in Irish telecoms provider Eir to a host of private equity houses.
Which firms in Poland and the Nordic countries had the best year in 2017? The shortlist for The Lawyer European Awards gives you a good idea.
Dentons has changed its European partnership agreement to include an amendment which for the first time directly links partner remuneration to an individual’s contribution to innovation.
Deutsche Börse has named former Linklaters partner Michael Lappe as its next general counsel.
Pinsent Masons has boosted its TMT practice in Madrid, bringing in Bird & Bird counsel Paula Fernández-Longoria for the office’s second partner in 2018.
The team of former King & Wood Mallesons partners that joined Reed Smith following the firm’s European collapse last year have exited for DLA Piper, The Lawyer has learned.
A former Linklaters partner has been sentenced to three years and three months for sexual assault, it has emerged.
The final shortlist for The Lawyer European Awards can be revealed: the much-coveted Global In-house Lawyer of the Year.
Simmons & Simmons plans to develop full-service capability in its Dublin office, announcing two further laterals from A&L Goodbody.
Ince & Co is seeking advice over the deal which saw four of its Hamburg-based partners leave to set up Clyde & Co’s Hamburg office, The Lawyer has learned.
Baker McKenzie and Clifford Chance are advising Macquarie Group on the $6.6bn takeover offer for Danish telecommunications company TDC.
DWF is to open an offering in Turkey through an alliance with local firm Özkan Law. This combination will gift DWF with 12 lawyers in Turkey, led by managing partner Orkun Özkan. The firm acts for clients such as Banco Bilbao Vizcaya Argentaria (BBVA), HSBC Bank, Euler Hermes Insurance, Rail Cargo Austria AG, De Rigo […]
Cleary Gottlieb Steen & Hamilton has welcomed back former Deutsche Bank general counsel as senior counsel for its office in Frankfurt.
Clyde & Co is poised to open its second German office following a four-partner hire from insurance and shipping rivals Ince & Co.
DLA Piper has elected developing markets managing director Andrew Darwin as its next senior partner. Darwin has fought off competition from global corporate co-chair Bob Bishop and corporate partner Jon Hayes, who were the only candidates left standing of the original eight contenders for the senior partner role. The original candidate lineup also included London-based […]
German law firm Pusch Wahlig has introduced a workload management app for its employees, with a panic button for lawyers who are feeling overworked.
Linklaters will open its fifth office in Hamburg in the first quarter of this year to capitalise on an increase in banking work for German clients.
The firm has made no lateral hires with the launch, instead transferring two existing partners from Frankfurt and Dusseldorf.
Ahead of The Lawyer’s European Awards 2018 on 15 March, The Lawyer has taken a closer look at the candidates for one of the most hotly contested titles of the year.
A trio of partners in Freshfields Bruckhaus Deringer’s German offices are to leave the firm to launch a boutique.
Environmental, planning and regulatory partner Wolf Spieth is exiting the firm, having led its Berlin office for a number of years. Spieth is one of 10 partners in Freshfields’ Berlin office.
Infrastructure and projects work is a core practice area for many firms operating across the Central and Eastern European (CEE) region. In theory there should plenty of work around because these countries need significant improvements to their transport, energy and public buildings. In practice, things are not quite so clear-cut. “My feeling is that if you […]
DLA Piper Frankfurt managing partner Michael Holzhäuser is to join Ashurst’s competition team in Germany.
Lawyers On Demand (LOD) has launched its first German office in Munich, hiring Michael Zollner to head its latest operation.
Eversheds Sutherland has posted global turnover of $1.03bn (£721.8m) in its first full-year since the merger in February 2017.
DLA Piper’s international revenue increased by 14.2 per cent to £876.8m, the firm’s 2016/17 accounts show.
DLA Piper former COO Andrew Darwin, global corporate co-chair Bob Bishop and corporate partner Jon Hayes have emerged as the final candidates for the senior partner role at the firm.
Wealth management company Lombard International Assurance (LIA) has named ex-Aviva UK general counsel Monica Risam as the new GC for its European arm.
Reed Smith has made its third team hire in Paris in a year, recruiting a four-lawyer group from White & Case.
An overwhelming 82 per cent of UK-based lawyers voted to remain in the EU in the referendum, new data collected by The Lawyer reveals.
It’s senior partner election time at DLA Piper, and three names have already emerged as the final front-runners in the eight-strong race.
Ince & Co chairman Paul Herring will relocate to head up the firm’s office in the Greek port of Piraeus in another managerial move.
Allen & Overy (A&O) has recruited from Freshfields Bruckhaus Deringer in Germany, bringing on board private equity partner Nils Koffka.
Koffka is a Freshfields lifer, having first been part of legacy Bruckhaus Westrick Stegemann.
Julian Yarr has won a third term in his role as A&L Goodbody managing partner and will stay for another four years, extending his run to 2022.
Three European firms have expanded their partner ranks, each promoting five new members in the past week.
In Spain, Pérez-Llorca appointed Fernando Bedoya, Beatriz García, Javier Gómez, Pedro Marques da Gama and José Suárez to bolster the firm’s corporate, public law, tax and litigation and arbitration practices.
Weil Gotshal & Manges is to shut down in Budapest, with the firm’s team of 20 lawyers moving to Bird & Bird.
Dechert has begun offering training contracts in its Dublin office, as the US firm eyes growth opportunities in the Irish market. Dechert launched training contracts in its Dublin office in the second half of 2017 by taking on two local law graduates as trainees. It is understood that the US firm will offer two or […]
BNP Paribas is set to review its roster of global legal advisers at the start of this year, with a raft of global firms vying for places.
Hogan Lovells has appointed a new global chair of the firm to replace long-serving partner Nicholas Cheffings.
Norton Rose Fulbright has closed two of its global offices in Abu Dhabi and Kazakhstan.
Long-standing Altice adviser De Brauw Blackstone Westbroek secured the leading role on a significant reorganisation of the telecoms company in Europe.
French firm Gide Loyrette Nouel is set to launch an office in Egypt’s capital city Cairo, its second expansion in the Middle East in four months.
Gide’s Cairo office will open in the first quarter of 2018 and the latest expansion is headed by partner Baudouin de Moucheron.
Eversheds Sutherland has announced a full financial tie-up with its Dutch operations, bringing the firm’s two regional offices into its international LLP.
Italian spirits company Gruppo Campari has announced Fabio Di Fede will replace the retiring Stefano Saccardi as general counsel in 2018.
Kirkland & Ellis has advised Blackstone on its acquisition of a European real estate fund in its bid to tap further into the Continental market.
Africa: the final legal frontier. The mission? To explore new economic markets, seeking new investment opportunities and partnerships – to boldly go where no lawyer wanted to go before.
Proposed merger companions Bryan Cave and Berwin Leighton Paisner (BLP) are understood to be once step closer to choosing a name for a merged entity.
IN ASSOCIATION WITH Prompted by a declining global telecommunications industry and a hefty fine by the US and Dutch authorities over a bribery probe in Uzbekistan, Russian-backed and Amsterdam-headquartered telecoms giant VimpelCom has embarked on a global-scale business transformation. It has been moving away from the traditional infrastructure provider model and reinventing itself […]
Clifford Chance has launched a new technology group emulating the initiatives from the Big Four accounting firms and push for wider adoption of innovation within the firm.
The technology group was formally unveiled to clients at an event in London last week and will span the entirety of the magic circle firm’s global offices.
Société Générale (SocGen) has finalised its panel review process, naming 12 firms to the bank’s global legal panel, The Lawyer understands.
Herbert Smith Freehills partners have voted for “enhanced flexibility” in their remuneration system, over a year after changes were proposed within the firm.
As 2016 was hailed the year of disruptive political change at the heart of the Anglo-Saxon world, many expected the political storm to sweep the European continent in 2017 due to the elections in several key countries. But election results in The Netherlands, Germany and France provided a certain level of relief and continuity for the EU […]
Eversheds Sutherland has transferred more solicitors onto the Irish Roll than any other firm, although the rate of admissions has decreased by a third in the first full year after the EU referendum.
Baker McKenzie has kick-started plans to financially consolidate its 77 offices across the world into three profit centres, The Lawyer understands.
Switzerland’s law firms are not known for their overseas forays. Yet a quiet revolution is emerging in the market as the country’s lawyers look to target new sources of work. Compared with many of their neighbours, Swiss lawyers are not known for their overseas forays. Not for them representative offices in London, New York or Hong […]
Taylor Wessing managing partner Tim Eyles will stand down in June 2018 after over 10 years at the helm of the firm, The Lawyer can reveal.
Pinsent Masons has responded to court claims launched by Spanish firm Ramon y Cajal (RyC), calling its litigation action “embarrassing”, “frivolous” and “without factual basis”.
FTI Consulting’s European Information Governance leader Sonia Cheng talks to The Lawyer about using Information Governance as a proactive tool as well as the main challenges companies face when implementing their governance framework, ahead of her session at Managing Risk and Litigation today. How can information governance help companies to be proactive with their compliance framework? […]
Norton Rose Fulbright global chair Stephen Parish will step down from his role at the end of the year in favour of Australian chair Tricia Hobson.
Telecoms giant Veon – formerly known as Vimpelcom – has made a new pledge to boost the offering in its three global shared services centres, The Lawyer can reveal. This effort is part of Veon in-house legal department’s major drive for efficiency and compliance. Veon set up three global shared services centres (GSS) in Moscow, […]
Pinsent Masons is gearing up to defend itself from litigation proceedings launched in response to its Madrid office opening.
Eversheds Sutherland partner Ian Gray is the firm’s new European chair following a unanimous vote from the firm’s European board.
Slaughter and May has invested in artificial intelligence platform Luminance as part of a $10m Series A funding round. The round, which was led by Talis Capital and also including Invoke Capital, values the M&A due diligence tool at $50m. Luminance, which launched last year, said it would use the funds to expand its operations […]
Italian firm BonelliErede is opening its first office in the Middle East, launching an offering in Dubai.
Former London managing partner Andrea Carta Mantiglia will be the executive chairman of the new office, while corporate lawyers Marco De Leo and John Shehata will be on-site local partners.
Bird & Bird is set to open its second office in the Netherlands in January 2018, but will make no additional hires to run it.
The firm does not expect partners to be based in the office, but instead use it as a resource to meet clients and work on specific projects.
Pan-Baltics firm Ellex has sealed a merger with Estonia-based Primus in a bid to consolidate its position as the largest law firm network across the Baltics.
Ellex’s Estonian member firm Ellex Raidla will merge with Primus’s Estonia arm on 1 January 2018.
Gide Loyrette Nouel has appointed a new executive committee, led by newly elected senior partner Xavier de Kergommeaux.
Paris-based banking and finance partner De Kergommeaux will succeed Baudouin de Moucheron, who has held the senior partner role since 2012. De Kergommeaux served as Gide’s managing partner between 2004 and 2009.
Dentons has hired Deloitte head of technology, media and telecoms Vasilii Markov as part of an eight-strong tax hire to grow its St Petersburg office. Markov, who will join as head of tax for Dentons’ St Petersburg office, was at Deloitte for over 11 years in the R&D and government incentives programme. He will be […]
Clifford Chance has hired White & Case corporate M&A partner Markus Stephanblome into the firm’s German practice and will join the firm next month.
Stephanblome will join the partnership in the firm’s Frankfurt office after a transitional three years for Clifford Chance’s German corporate practice.
Mayer Brown has promoted four lawyers to partnership in London as part of its 31-strong global round. The firm has promoted corporate and securities lawyer Rebecca Bothamley, tax transactions and consulting lawyer Ben Fryer, restructuring bankruptcy and insolvency lawyer Jessica Walker and real estate lawyer Iain Roberts in London. Mayer Brown’s London promotions matched those […]
In a preview of his session at next month’s Managing Risk and Litigation conference, Clyde & Co partner & co-chair of the global arbitration group Peter Hirst talks to The Lawyer about the future of international arbitration and the relationship between arbitration and third party funding. What changes are on the horizon when it comes to […]
Tech, life sciences and IP specialist firm Bristows is set to open its doors in Brussels next year, marking the opening of its first-ever non-UK office.
Baker McKenzie Vienna office managing partner Stefan Riegler is set to leave the firm to join his former firm Wolf Theiss.
Ahead of our Managing Risk and Litigation event, Jenner & Block’s Charlie Lightfoot talks about Brexit and the changing perceptions around legal privilege
Pearson has launched a new diversity pledge after telling its external law firms to improve their gender and BME representation. The publishing giant’s pledge came after Pearson decided to hold its advisers to account on diversity issues. In response this prompted the firms to query the company’s own diversity commitment. Pearson associate general counsel Andy […]
Sanctions and business lost to overseas jurisdictions is driving legal and technological reform in Russia, a conference in Kazan has heard
Magic circle duo Clifford Chance and Allen & Overy have won lead mandates on the $2bn sale of Engie assets to Total.
A&O, Dentons, Norton Rose – energetic leadership and bold ambition characterise the law firms that have become global players in recent years
A team from Linklaters led by partner David Swinburne is joining Jones Day’s private equity practice in Paris.
Of just over 100 deals announced in the Balkans this year, only 10 per cent involve a company from one of the states acquiring assets from a company in another Balkan jurisdiction. That compares to around 45 domestic deals across the major Balkan countries, and a similar number involving a local company being acquired by […]
Quinn Emanuel Urquhart & Sullivan has hired the former head of litigation at a leading French firm in a boost to its white-collar offering in Europe.
DWF has opened its sixth office this year – this time hiring a three-partner team in Italy.
How can GCs attract the appropriate talent and keep the lawyers in their teams motivated? Panellists at the GC2B roundtable provide insight as well as practical ideas on managing teams in-house. Participants Alex Williamson, head of FRM legal, Man Group Sally-Ann James, general counsel, Metro Bank Ian Jameson, managing director and general counsel EMEA, Sumitomo […]
Freshfields Bruckhaus Deringer’s Frankfurt office has been searched by prosecutors as part of an investigation into tax evasion.
Herbert Smith Freehills (HSF) has expanded in Europe, opening its first office in Italy with a hire from Simmons & Simmons.
The new Milan office, which has been described by the firm as an “IP boutique”, will launch through Laura Orlando, Simmons’ former leading IP partner in the Italian city.
Pinsent Masons has launched a programme of associate work allocation, which would allow lawyers from across the firm’s network bid for work to boost their billable hours, The Lawyer can reveal.
From a data-collection perspective, Ireland remains Europe’s least transparent jurisdiction, with only Mason Hayes & Curran providing financial data and all-equity McCann FitzGerald equity-partner numbers for The Lawyer’s latest European 100 report.
The Berwin Leighton Paisner-Bryan Cave merger, should it eventually go through, would make a little bit of history. It would be the first major transatlantic merger steered through with two women at the helm.
King & Wood Mallesons has hired former SJ Berwin Frankfurt head of corporate Michael Roos to join its German M&A practice.
Berwin Leighton Paisner and Bryan Cave have entered into preliminary merger negotiations, The Lawyer can reveal.
Baker McKenzie capital markets head Edward Bibko has left the firm to join Jeffries Bank as EMEA head of investment banks, legal, The Lawyer can reveal.
Simmons & Simmons is the next firm to launch in Dublin with the hire of a partner from independent firm Mason Hayes & Curran.
An increasing number of the Top 30 Chinese firms are eyeing opportunities in the UK driven by outbound investment of their Chinese clients, The Lawyer China Top 30 2017 research finds.
Freshfields Bruckhaus Deringer has been drafted in by the administrators of Monarch Airlines, as the UK budget carrier collapses.
Freshfields Bruckhaus Deringer has taken the role for Hellman & Friedman in one of Europe’s largest-ever buyout deals.
Investment in the central and eastern European (CEE) healthcare market is booming at the moment. It’s time to start looking at the region seriously.
Google the words “blockchain and law firms”, and only four names appear on the first results page: Norton Rose Fulbright, Burges Salmon, Clifford Chance and Clyde & Co.
Baker McKenzie Madrid managing partner José María Alonso Puig has stepped down from the role and will be replaced by Rodrigo Ogea.
Norton Rose Fulbright has extended its top of equity to an estimated £2m, putting it on a par with the magic circle, UK 200 2017 figures show.
What does the future hold for law firm networks? Technology, investment in members and consolidation are on the horizon.
King & Wood Mallesons’ (KWM) London employees have been awarded over £1m by an employment tribunal today (20 September).
Slaughter and May and Linklaters have won the lead mandates on Tata Steel’s joint venture with German steel manufacturer ThyssenKrupp, The Lawyer can reveal.
CMS Bureau Francis Lefebvre (CMS BFL) has taken a 12-strong team in France from Herbert Smith Freehills’ (HSF) boosting its real estate capability.
Ahead of their panel session on ‘Bringing your team along for the journey’ at The Lawyer’s In-house Counsel as Business Partner 2017 in association with EY, Jonathan Lipman, Vicky Sandry and Katherine Thomas are sharing their thoughts on helping your team identify and pursue their career goals and making them feel valued. Many argue that […]
Paul Weiss Rifkind Wharton & Garrison chairman Brad Karp talks to The Lawyer about what law firm leaders can learn from the crisis. In many respects, the financial crisis feels like a lifetime ago; in others, it feels like just yesterday. The economic upheaval brought about by the crisis created secular change, the repercussions of […]
Baker McKenzie has been dropped from the defence team of Cristiano Ronaldo, who is accused of defrauding €14.7m (£13.1m) from Spanish authorities.
Covington & Burling is set to launch a life sciences and technology practice in Dublin next week, pending regulatory approval.
Uber Northern and Eastern Europe legal director Matthew Wilson has taken on the role of EMEA associate general counsel as part of a wider rethink of the EMEA-based legal team, The Lawyer can reveal.
Allen & Overy’s senior management has outlined the firm’s future plans for further international growth following its record-breaking financial year.
French firm Gide has opened an office in Iran, joining a small handful of international firms to have launched in the region.
Kinstellar is delighted to have been part of this year’s IBA Europe-Caucasus-Asia (ECA) Forum, which took place in London on 6 – 8 September. The conference, a linchpin between Asia and Europe, introduces lawyers from around the world to the post-Soviet region for over a decade, offering its delegates great cultural programmes with numerous networking events every […]
Kinstellar is pleased to announce that it has successfully advised a consortium of Hungary’s OTP Bank PLC, its Bulgarian subsidiary, DSK Bank, and Eurobank Bulgaria on a landmark EUR 133 million senior loan facility to Business Park Sofia — the largest business park in CEE and the first of its kind in Bulgaria. The loan […]
Wolf Theiss advised BGK (Bank Gospodarstwa Krajowego) on the financing of OT Logistics’ expansion in Croatia. The PLN 125 million (EUR 30 million) BGK loan will be used to finance acquisition of Luka Rijeka d.d., the operator of the port in Croatia. The first tranche of the facility in the amount of PLN 46.6 million […]
Unilever has deferred a review of its global legal panel until June 2018, The Lawyer can reveal.
Osborne Clarke has opened a new office in Sweden with a five-lawyer team hire from Baumgarten Byström Rooth & Partners, Bird & Bird and SEB Merchant Banking. Baumgarten Byström Rooth & Partners founding partner Fredrik von Baumgarten, Bird & Bird partner Henrik Bergström and senior associate Angelica Lundqvist will join the firm alongside lawyer Isabella Palmgren and […]
DWF has hired ex-DLA chair Sir Nigel Knowles as its new chairman, replacing Alan Benzie who was in place for over 10 years.
Eversheds Sutherland has poached two partners from Simmons & Simmons and acquired a Nordic firm to launch three new offices in Luxembourg and Russia.
Sidley Austin has boosted its Brussels presence with the hire of a partner from Hunton & Williams.
Quinn Emanuel Urquhart & Sullivan is set to open its fourth German office in Stuttgart.
Hengeler Mueller has suffered a rare partner exit to Milbank Tweed Hadley & McCloy.
Ashurst has hired a three-lawyer team from Baker McKenzie’s banking and finance group in Germany.
Dentons has launched a new tax practice in the Netherlands through the hire of a four-partner team from Baker McKenzie.
Latham & Watkins has hired another partner from Linklaters’ German operations, recruiting corporate lawyer Nikolaos Paschos.
Freshfields Bruckhaus Deringer and Davis Polk & Wardwell have been drafted in to advise Total on the $7.45 bn (£5.7bn) acquisition of Maersk Oil.
Simpson Thacher & Bartlett and Uria Menendez have led on the deal which will see Blackstone purchase a majority stake in Banco Popular S.A.’s €30bn (£27.2bn) real estate portfolio.
Schoenherr has advised PSA Peugeot Citroën SA (‘Groupe PSA’) on the acquisition of General Motors’ Opel Austrian subsidiary and Opel manufacturing site in Vienna. The transaction, which was part of a EUR 2.2 billion takeover by Groupe PSA, was completed on 1 August 2017 after receiving approval from regulatory authorities including the EU antitrust authorities. The acquisition […]
Talixo, a Berlin-based B2B ground transportation service, closed a seven-digit EUR financing round. Backers included Deutsche Bahn Digital Ventures, Amman Group Holding AG and another Swiss institutional investor. Talixo intends to use the funds to further accelerate growth and expand operations. Founded in 2012 by CEO Sebastian Kleinau, Talixo provides a B2B ground transportation booking […]
Internet of Things startup Wia Technologies Limited has raised €750,000 in funding from Suir Valley Ventures and Enterprise Ireland. We acted for Suir Valley Ventures, the entrepreneur-led venture capital fund, in an investment in Wia Technologies Limited, which aims to be the “Stripe for the Internet of Things”. The funding round was led by Suir Valley […]
“Putin’s banker” Sergei Pugachev will be forced to disclose a number of his personal trusts in a lengthy trial after the High Court rejected an application to have it adjourned.
Teva has appointed a new Europe general counsel to oversee the region’s legal operation after long-standing GC Galit Gonen stepped down earlier this month.
Around 200 former King & Wood Mallesons EUME employees are poised to accept a six figure offer made by the collapsed firm’s administrators instead of taking their claim to an employment tribunal, The Lawyer understands.
The Department for Digital, Culture, Media and Sport has published a statement of intent (the “Statement of Intent”) for a New Data Protection Bill. While the General Data Protection Regulation (the ‘GDPR’) will become directly applicable in all EU Member States from 25 May 2018, it is the government’s intention to bring this EU law […]
Holman Fenwick Willan (HFW) is set to launch a base in Jakarta and further its US expansion plan, following a 16 per cent jump in total revenue in its latest financial results.
Przemysław Kozdój has joined the Warsaw office of the Wolf Theiss law firm as a partner and head of the banking and finance practice group in Poland. Przemysław Kozdój has been advising foreign and domestic banks and investors on various aspects of financial transactions and regulatory matters for almost 20 years. He has participated in […]
Private equity investors Kohlberg & Company L.L.C. have been advised by Wolf Theiss in their purchase of the winter sport division of Newell Brands. The signing took place on 25 May 2017, and the deal closed on 14 July 2017. Wolf Theiss was responsible for advising in both legal matters and the financing of the […]
Schoenherr has advised Swedish telecommunications group Tele2 on the sale of its subsidiary Tele2 Austria to mobile company Hutchison Drei Austria GmbH (Drei) for an enterprise value of EUR 95m. The transaction is expected to occur following approval by the Austrian competition authority. Tele2 Austria is a local telecommunications provider and the second-largest landline company in Austria […]
Kinstellar has advised Marazzi Group S.r.l. in connection with obtaining the merger control clearances from the Antimonopoly Committee of Ukraine for the acquisition of Emilceramica S.r.l. and Emil Russia LLC. Marazzi Group S.r.l. — a member of Mohawk Group and a subsidiary of Mohawk Industries, Inc., a Fortune 500 company — is a global supplier […]
King & Wood Mallesons has appointed Shenzhen corporate partner Wang Rongkang as the managing partner of its newly launched EUME platform.
Baker McKenzie has posted a 2.1 per cent increase in revenue to $2.67bn (£2.02bn) last year, with growth slowing after the firm hit a five-year revenue high thanks to an 8 per cent boost in 2015/16.
Eversheds Sutherland has opened its fourth German office following a merger with Düsseldorf-based firm Grooterhorst & Partners.
This year’s Global Litigation 50 report offers some tantalising glimpses into the future direction of the world’s disputes market, courtesy of the largest litigation and arbitration practices on the planet.
Ukraine will not be forced to pay Russia $325m in security for costs as the ongoing battle over a $3bn loan is delayed until January 2018, the high court has ruled.
Linklaters has added Christopher Kellett to the German arm of its private equity practice just months after his retirement from magic circle rival Clifford Chance.
Within the Global 200 this year there are seven distinct revenue groups – and firms that are battling within them for more market share.
New research shows that there is a new number one firm for global litigation, generating over $1bn in fees in the last year alone.
The world’s 50-largest litigation practices generated a record level of fee income over the past year, research by The Lawyer has found.
Shanghai-based Chinese firm Llinks has opened an office in London, making it the third PRC firm to have a base in the UK.
Linklaters has announced it will open a low-cost legal centre in Lecce in September, adding to the two offices it currently operates in Milan and Rome.
Ashurst has lost its fifth partner to Gibson Dunn & Crutcher in Continental Europe – this time in its Munich office.
Nestlé is carrying out a review of its legal advisers, with roles held by Linklaters and CMS Cameron McKenna under the spotlight.
Dentons is building the world’s largest legal services firm and at its heart is a system of incentives. The firm’s leaders reveal all.
Gateley’s revenue has increased by 15.7 per cent from £67m to £77.6m in its second full year as a listed entity.
CMS has become the latest global firm to open in Monaco, following last year’s launch by Norton Rose Fulbright.
The Supreme Court has overturned a High Court and Court of Appeal decision in a long-running patent case between pharma giants Actavis and Eli Lilly.
Allen & Overy (A&O) is now the second largest magic circle firm by turnover, with its financials also revealing a 26 per cent hike in average profit per equity partner (PEP).
Clifford Chance has posted turnover growth of 11 per cent, the highest of its peer group, as turnover passed the £1.5bn mark for the first time.
Herbert Smith Freehills’ (HSF) global turnover rose by 10.6 per cent to reach £920.5m, but its profit dipped by 1 per cent dip and PEP fell by 2.5 per cent.
Hogan Lovells has launched a new legal attack in the High Court this week against “Putin’s banker” Sergei Pugachev, with the aim of forcing the disclosure of his personal trusts in a long-running case.
In 2016 Global 200 billings totalled $128.4bn – a 3 per cent increase on 2015’s $124.4bn. A large part of that growth is thanks to six ambitious firms.
Clyde & Co’s revenue has grown by 14 per cent to £508m while net profit increased by 9 per cent to £127.6m, the firm’s latest financial results show.
Dentons has posted a 9 per cent drop in PEP from £530,000 to £481,000 in its latest UKMEA financial results, while revenue grew by 1 per cent to £165m.
Bird & Bird has recorded a 10.7 per cent boost in revenue in 2016/17, growing from £273.8m to £303.2m.
Fieldfisher has opened its fifth Italian office – a year after launching in the country.
Norton Rose Fulbright and Chadbourne & Parke have officially combined after a number of delays pushed back the merger that sources say was supposed to go live on 1 May.
Burness Paull is set to unveil a new three-year strategy at the start of its 2017/18 financial year on 1 August, aimed at combating the impact of a stagnant Scottish legal market.
The Article 50 case was “truly exceptional” and helped to “underline the Court’s place in the constitution”, Lord Neuberger has said his final forward to the court’s annual report released today.
Quinn Emanuel Urquhart & Sullivan has been chosen to represent a number of Banco Popular bondholders who lost shares when the struggling bank was sold to Santander for just £1 last month.
Kennedys has shown eight per cent growth for the 2016/17 financial year as turnover grew from £138.8m to £149.9m.
DLA Piper is among companies to fall victim of a cyber attack today which has shut down most of its email and phone services.
Clifford Chance and Cleary, Gottlieb, Steen & Hamilton led in a case which has seen Google hit with a $2.7bn (£2.1bn) fine from the European Commission for abusing its position to promote its own shopping service.
Clifford Chance has named co-head of corporate Anselm Raddatz as its new head of private equity in Germany.
At a partnership meeting this week, Eversheds Sutherland co-CEOs Lee Ranson and Mark Wasserman outlined their three year expansion strategy.
Latham & Watkins has lost a corporate partner in Paris to Taylor Wessing, marking a rare departure from the US firm’s French operations
Ireland’s lawyers are used to turbulence. After all, it is not so long ago that the country was navigating the bumpy waters of the financial crisis and a bailout by the EU. So the last year of volatility caused by the UK’s Brexit vote and the US presidential election was something Irish firms were ready […]
2017 is a year of change at telecoms leader Ericsson, with a new CEO and revamped business strategy.
CMS’ revenue stayed static over 2016/17 in its final results as a stand-alone firm.
Hunton & Williams is losing a heavyweight competition and litigation team in its Washington DC office to Shearman & Sterling.
The Lawyer’s new Global 200 research reveals the firm with the most international partnership outside of its home jurisdiction.
Addleshaw Goddard and German firm Luther are understood to have called off their long-rumoured merger talks after six months of negotiations.
Litigation funder Therium Capital Management has funded a £3.9bn compensation claim against a number of European truck manufacturers who were found by the European Commission to have engaged in illegal price fixing for 14 years.
Harcus Sinclair has teamed up with a Dutch foundation to launch legal proceedings against Volkswagen and Bosch in the Netherlands.
Linklaters is advising longstanding client L’Oréal on its potential sale of The Body Shop for over €1bn.
Pinsent Masons is opening in Dublin with a three-partner team, marking its fourth office launch in 18 months.
Gibson Dunn & Crutcher is set to hire a four-partner team from Ashurst’s Paris office.
The Lawyer provides live updates from across the industry on the election and its aftermath.
Norton Rose Fulbright’s litigation practice will undergo a shakeup ahead of its merger with Chadbourne & Parke this year, as current head Deirdre Walker is set to leave London for Dubai.
Ericsson has restructured its legal team, two months after the telecom company’s new CEO overhauled the group’s wider strategy.
Six lawyers have exited Osborne Clarke’s Cologne office to set up a new spin-off firm in the city.
A conglomerate of UK corporates and retailers has launched a series of claims worth up to £300m against MasterCard and Visa over alleged losses resulting from overcharges of interchange fees billed by the two financial giants.
The number of female partners working in independent European firms has risen by almost a third in five years, data gathered for The Lawyer European 100 2017 reveals.
Deutsche Bank and Sony top the rankings of companies with the most court appearances in the UK this year, research from The Lawyer reveals.
One of the best known provider of artificial intelligence (AI) services, UK-headquartered RAVN Systems, has been acquired by US document management specialist iManage.
Germany has been confirmed as the engine room of Continental Europe’s legal activity, with a full third of partners working in international firms’ European offices based in the country.
Sullivan & Cromwell has launched in Brussels, marking its first office opening in Continental Europe for over two decades.
Revenue growth slowed for many European law firms last year, with many blaming the UK’s referendum over its membership of the EU as the major cause.
Loath as one is to shoehorn last June’s referendum vote into everything, the prospect of a hard Brexit is suddenly concentrating the minds of UK law firms.
Shearman & Sterling has lost two more partners to Quinn Emanuel Urquhart & Sullivan in Brussels.
Eversheds Sutherland has released its first post-merger financial results today, with an 8 per cent boost in revenue to £438.6m.
Olswang’s former intellectual (IP) litigation partner Thomas Lynker is among a group of lawyers to break away from the firm following its merger with CMS Cameron McKenna and Nabarro on 1 May to launch his own boutique in Munich.
Freshfields Bruckhaus Deringer and Macfarlanes have earned key roles advising on a $3.9bn (£3bn) for energy investor Neptune Energy Group to buy France’s natural gas company Engie.
Paul Hastings partner Mounir Letayf and counsel Adeline Roboam have joined K&L Gates in Paris. Both will join the firm’s finance team. These latest hires come after K&L Gates also boosted its Milan office with a hire from Jones Day, partner Giovanni Meschia. France Bird & Bird has hired partner Eric Charvillat to join its […]
King & Wood Mallesons has appointed Australia chief executive partner Sue Kench as its new global managing partner, six months after Stuart Fuller stepped down from the post. At the same time, the Asia-Pacific based firm has created a new role of global chief operating officer and elected Chinese corporate partner Rupert Li to the […]
McDermott Will & Emery has hired a three-strong partner team from King & Wood Mallesons (KWM)’s Milan office, including managing partner Giancarlo Castorino.
The German real estate market is booming. As part of the research for The Lawyer’s Global 200 Real Estate report, we asked the world’s largest property practices where they are currently seeing most activity from clients.
Dentons has promoted seven partners in the UK in its latest 54-strong global round.
Simmons & Simmons has promoted three women in its latest 12-strong global partnership round.
Norton Rose Fulbright is launching an office in Luxembourg with a team hire from independent firm BS Avocats.
Signature Litigation has opened an office in Gibraltar, giving the firm its first base outside of London.
DLA Piper has promoted 46 to partner in its latest US-heavy global promotions round.
Norton Rose Fulbright has made up 45 partners worldwide in the last promotions round before formally merging with Chadbourne & Parke later this year.
DLA Piper has expanded its Frankfurt office with a corporate team hire from K&L Gates in Frankfurt. K&L Gates partners Mathias Schulze Steinen, Andreas Fuchsel and Claudius Paul are set to join the firm from May 1, bringing DLA’s current 21 partners in Frankfurt up to 24. Schulze Steinen – whose practice focuses on TMT, […]
At first glance it seems that Orange’s Rémi Dujon has chopped and changed jobs at breakneck speed. In fact, that could not be further from the truth.
Baker McKenzie has scrapped performance ratings for all business services staff in favour of performance discussions with peer feedback.
Mishcon de Reya has topped The Lawyer‘s court activity rankings for the first quarter of 2017, working on 21 cases in a total of 49 days that reached judgment.
Allen & Overy’s bet to dominate in IP litigation is outlined in the cover feature of The Lawyer’s first-ever monthly edition, which coalesces reporting, insight and data around the core idea of ambition.
McDermott Will & Emery partners have put aside $26m (£20.7m) to invest in the firm’s infrastructure after its 2016 global revenue increased by 2 per cent to $908.7m (£722m), The Lawyer can reveal.
Linklaters is piloting a new career model for associates, allowing them to work fewer hours for a proportionally reduced salary.
Linklaters has opted to ditch individual partner targets in a bid to boost team performance as part of a global strategy refresh.
Pinsent Masons is set to launch its third international office in 12 months in Madrid, hiring a five-strong team including former Telefónica deputy general counsel Diego Lozano.
If the firm’s wager goes according to plan, it will become first in line for big-ticket litigation work on both sides of the Atlantic, as well as Asia. In short, the sun will never set on the A&O litigation empire.
“If firms say they have lots of global capital clients who do the odd deal in real estate then they’re not really a real estate firm,” Herbert Smith Freehills UK and EMEA real estate group Don Rowlands claims.
One of the most hotly anticipated cases of 2017 – between Russia and Ukraine – was drawn to a temporary conclusion in March with the ruling that the latter must pay its $3bn debt.
An employment tribunal claim brought by around 200 ex-employees of King & Wood Mallesons EUME LLP against their former firm has been given the green light for a hearing in the coming months.
Fieldfisher has announced its largest promotions round since 2010, with nine lawyer made up in London and Brussels.
By Janet Day and Tony Williams Almost all of us object to imposed change – we rebel, deny, hamper, complain and generally do everything we can to avoid changing at someone else’s command. When, as individuals we decide we want to change, we use the same degree of energy and determination to ensure that we […]
Ask Herbert Smith Freehills’ CEO Mark Rigotti what success looks like, and his answer would probably involve a spreadsheet full of client names highlighted in green.
Global telecoms company Huawei will be unable to sell its mobile phones in the UK unless it signs up to a global licence with Unwired Planet, the High Court ruled today.
A total of 70 barristers from 32 sets of chambers, and 66 law firms around the world could lose millions of pounds due to the administration of KWM EUME LLP.
US litigation boutique Pomerantz is set to open its first office outside of the US, launching in Paris with a one-man team.
Hogan Lovells has become the latest international firm to invest in its Continental real estate offering, hiring Bersay & Associés’ Michaël Lévy as a partner in its Paris office.
DLA Piper has strengthened its footprint in the Nordics with a takeover of local Danish law firm LETT.
Freshfields Bruckhaus Deringer client The London Stock Exchange Group has been told that it cannot proceed with its £21bn merger with Deutsche Börse, which was advised by Linklaters.
UK Prime Minister Theresa May’s letter has arrived, officially triggering the beginning of the end of the UK’s European Union membership today.
As Brexit becomes certain today, will firms (and their clients) act on the rumours and move to Dublin?
Three White & Case partners have exited the firm for Noerr as it launches an office in Hamburg.
Freshfields Bruckhaus Deringer is working with a number of UK firms that handle lower margin work on major real estate deals as part of its continuing focus on the property sector, The Lawyer‘s latest report shows.
Move of the week Allen & Overy has announced the hire of Adolfo Zunzunegui as a partner in Madrid, where he will also lead the firm’s Spanish tax law practice. He was previously a partner at Ernst & Young, after joining the accountancy firm in 2010 from Freshfields, where he was counsel. UK London Simmons […]
DLA Piper has announced plans to shut a second European office this week, closing in Georgia as its 11-lawyer team is set to join Dentons.
DLA Piper has confirmed plans to close its Berlin office, as its two lawyers have exited to launch DWF’s third office in Germany.
Morton Fraser has appointed Ross Caldwell as a partner in its Edinburgh banking and asset finance team.
Networking and doing business by a sunny seashore is a privilege of being part of the real estate world.
TWM kicked off this year’s Law Rocks season in style last night with a barn-storming performance that electrified the massed ranks at a packed-out 100 Club. In the first of five bands all fronted by female lead singers, TWM’s Charlotte Donald astonishing, multi-octave voice took on Aretha Franklin’s Think and won. Donald, a solicitor in […]
My head feels like it’s been hit with a bag of concrete lemons. The rest of me feels like a dead rat with flu. Yes, gentle reader, I have been to MIPIM.
Swiss firm Niederer Kraft & Frey was crowned European law firm of the year at The Lawyer’s European Awards 2017.
By Lars Reubekeul, partner, DLA Piper This is an exciting year at MIPIM. The high liquidity in the real estate investment market can be felt everywhere. One can almost see the goose bumps when people are whispering in the corners, in the restaurants or on the boats saying, “I know someone who might intend to […]
By Michael Twining, partner, Gowling WLG Here we go again. Can it really be a year since the last Mipim? Apparently so. Journey begins somewhat worryingly. A 4am start on one’s 37th birthday is never welcome but taking a wrong turn off the straight road to the airport compounds the problem. Meeting a colleague at […]
DLA Piper’s net profit rose by 6 per cent to $643.5m (£527.1m) last year, while revenue declined by 3 per cent.
McDermott Will & Emery has announced plans to close its Rome office as part of a “strategic review” from its executive committee.
Gowling WLG has opened a second office in Germany as part of a broader European expansion strategy.
Gowling WLG has confirmed that as part of a strategy to boost its footprint in Europe, it will be considering two further mergers by 2020.
What do Syngenta, Pentair and Gategroup have in common? They are all Swiss-headquartered companies that have been sold for billions in the past year.
Winston & Strawn has hired Cadwalader Wickersham & Taft’s former London head Angus Duncan.
Dentons has hired two partners and two associates from Clifford Chance and Baker McKenzie to strengthen its banking and finance practice in Germany.
DLA Piper has launched a crowdsourcing initiative known internally as the “CEO challenge” to gather ideas from lawyers and staff to improve the firm.
Olswang commercial litigation partner Anna Caddick has left the firm to join Facebook to work in the EMEA litigation and regulatory department.
Former Linklaters senior partner Robert Elliott has been appointed as chairman of Dublin-headquartered bank Permanent TSB Group.
DLA Piper has announced plans to integrate Portuguese relationship firm ABBC after a six-year best friends relationship.
Are you a leading M&A lawyer? Or perhaps you’ve spent time working on M&A due diligence on rotation during training?
Allen & Overy (A&O) has appointed Michiel Huizinga as a partner in its Frankfurt corporate and M&A practice.
Whether it is expansion into new territories such as Latin America or amplifying current network relationships, moving into larger offices to implement collaborative and flexible working, or overhauling management, this year’s contenders for The Lawyer‘s Iberian Law Firm of the Year show they have an appetite for innovation to help them win the big prize. […]
The Royal Bank of Scotland (RBS) has more than tripled its provision for future legal costs related to regulatory and legal actions to £952m, the bank’s annual report has revealed.
The Lawyer has spoken to more than 50 former SJ Berwin and KWM partners, staff and senior managers to isolate the five definitive moments that propelled KWM into collapse.
Reed Smith has added an eight-lawyer tax team from Winston & Strawn in Paris.
Dentons has agreed a merger with Dutch firm Boekel, based in Amsterdam.
Freshfields Bruckhaus Deringer has confirmed the hire of a five-partner corporate and finance team from Ashurst’s Paris office.
Italy’s banking crisis is far from over. However, instead of viewing the slowdown as a barrier to work, the country’s lawyers see it as an opportunity.
One in ten lawyers born overseas but currently working in the UK is planning to leave soon, new research has revealed.
Olswang has confirmed that its offices in Madrid, Brussels and Paris will close ahead of its merger with CMS Cameron McKenna and Nabarro.
The “hardship fund” initiative launched three King & Wood Mallesons partners to help staff affected by the KWM EUME failure have met with a positive response.
There is something strange happening in the legal market. A new breed of law firm is emerging – not the traditional geared partnership structure but a small agile animal that is highly specialised in its feeding habits: the boutique law firm. Unlike the traditional full service model, boutique firms are typically highly specialised, run by senior lawyers and characterised by low gearing.
Freshfields Bruckhaus Deringer Paris real estate head Erwan Le Douce-Bercot is joining Jones Day along with a three-lawyer team.
Fieldfisher has opened its fifth office in seven months, growing its European footprint to Amsterdam.
Clifford Chance is undertaking a global review of its equity structure that has introduced gates to its equity and could see it bring entire offices down to a 70-point plateau, The Lawyer has learned.
Orrick Herrington & Sutcliffe has hired Clifford Chance Paris antitrust head Patrick Hubert, the latest senior addition to its growing French base.
Squire Patton Boggs has hired King & Wood Mallesons (KWM) energy heavyweight Ian Wood as a partner in its energy and natural resources practice group in London.
Real estate company Jones Lang LaSalle has designs to grow its specialist business Tétris Design and Build with the recruitment of a new head of legal.
Freshfields Bruckhaus Deringer partners are set to vote on bringing in a new private equity team from Ashurst in Paris.
Sidley Austin has tapped Kirkland & Ellis again to boost its German office, hiring a seven-partner team in Munich.
King & Wood Mallesons (KWM) has delayed a review of the successes and failures of its Sino-Australian merger, which could have seen it flick the switch on a “five-year break clause” agreed when the merger went live, The Lawyer has learned.
Allen & Overy (A&O) has restructured its global IP management, appointing London-based IP litigator Nicola Dagg as global head of IP, while partner David Stone has been appointed as global head of brands, The Lawyer can reveal.
CMS has invested in machine learning and data visualisation technology Brainspace to “accelerate data analysis and review in litigation, arbitration and investigations”.
Orrick Herrington & Sutcliffe London finance partner Michael Crosby has left the firm to become the general counsel of investment company Gordian Knot.
The joint administrators of King & Wood Mallesons (KWM) are mooting the launch of an investigation into the conduct of the firm’s management teams and accounting practices during 2015 and 2016, The Lawyer has learned.
Freshfields Bruckhaus Deringer and Linklaters are set to pick up in excess of £100m in legal fees for advice on the merger of London Stock Exchange Group (LSE) and Deutsche Boerse.
Dentons is in merger talks with Dutch firm Boekel de Nerée, The Lawyer has learned.
Fieldfisher has emerged as a contender to take over Olswang’s Munich office after the three-way merger with CMS Cameron McKenna and Nabarro, The Lawyer understands.
Shearman & Sterling and Pinsent Masons picked up lead roles on the $1.24bn (£994m) takeover of North Sea oil and gas operator Ithaca Energy by Israeli-listed Delek Group.
Baker McKenzie has launched a global innovation and tech programme to “redesign practices and services”, The Lawyer can reveal.
Paul Hastings has appointed partner Jean-Louis Martin to lead the firm’s real estate practice in Paris. He previously held the same position at King & Wood Mallesons (KWM), while also serving as real estate co-head for Europe and the Middle East. Prior to joining KWM in 2015 Martin spent 10 years as an associate at Jones Day.
Freshfields Bruckhaus Deringer’s management board and global practice heads took home a combined £18.1m in 2015/16, up £1.3m on the year previously.
Ericsson senior vice president and chief legal officer Nina Macpherson and Vodafone Group legal director Kerry Phillip are in a shortlist of eight in-house lawyers for the accolade of Global In-house Lawyer of the Year.
Linklaters Paris partner Kiril Bougartchev and counsel Emmanuel Moyne have left the magic circle firm’s Paris office to launch a business crime boutique.
Over 100 start-up stakeholders were welcomed by Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor as she opened the DIT / IADT New Frontiers Annual Showcase hosted by William Fry. The Showcase featured 30 top entrepreneurs of Enterprise Ireland’s 2016 ‘New Frontiers’ programme. These included Popertee, Local, Cambrist, Nasal Medical and HomeSpun Foods. The […]
Schoenherr has advised a group of investors around Erwin Krause and Franz Kollitsch – counselled by INVESTER, an Austrian property investment manager – on the formation of a 50/50 joint venture with SIGNA, and on the acquisition of BAI Bauträger Group by the joint venture. The signing of the purchase agreement took place on 25 January […]
German lawyers are working hard to help the burgeoning number of clients with tech-related legal requirements
Global brewer Molson Coors is searching for a UK and Ireland director of legal and corporate affairs, after promoting current legal chief Anita Adam to director of legal and corporate affairs for export.
The M&A market in Central and Eastern Europe (CEE) ended 2016 with a bang. While the volume of transactions fell to 5,079, according to data from Thomson Reuters, the total value doubled, to $250bn (£250bn).
Keystone Law has picked up ex-Dentons Middle East head Leigh Hall as a consultant.
Garrigues partners have re-elected chairman Fernando Vives for a second five-year term at the helm of the firm.
Zug Estates has successfully issued its first 100 million Swiss franc fixed interest bond with a 0.7 per cent coupon and a 5-year maturity. Walder Wyss acted as legal counsel to Zug Estates on the capital market transaction. The Walder Wyss team is being led by Alex Nikitine (partner, capital markets, M&A) and includes Sarah Schulthess (associate, capital markets, M&A) […]
Compared to their US and UK counterparts, German firms are known for their moderate fee levels. As competition heats up, cost awareness is more important than ever before.
Linklaters managing partner Gideon Moore has launched a series of sit-downs with partners, associates and staff to crowdsource new strategic objectives for the firm ahead of its April partner conference.
Mishcon de Reya partner James Libson says acting on the Gina Miller case provided “the recipe for a litigator’s dream”. But despite the landmark win in the Supreme Court on Tuesday, the case has provoked vicious controversy and has led Libson to question the shortcomings of the legal profession.
Dentons UKMEA posted a 7.7 per cent increase in turnover to £169m in 2015/16, up from £157m the year before, while the member with highest entitlement to profits rose to £1.3m.
For Ireland’s banking sector, 2017 could be a significant year. Almost a decade on from the financial crisis Allied Irish Bank (AIB) which – along with Bank of Ireland, is one of the country’s two pillar banks – could return to private ownership in 2017.
CMS’s German arm, CMS Hasche Sigle, has signed a deal with technology provider Kira to apply its software to transactional advice.
Former King & Wood Mallesons Germany managing partner Stefan Krüger has joined EY Law’s Frankfurt office as a partner.
The joint administrators of King & Wood Mallesons (KWM) have accused partners who left in the final months of the firm of “accelerating the ultimate demise” of the business.
Overseeing the legal team of a company with 330,000 employees and operations in 53 countries is something that Securitas general counsel Henrik Zetterberg has taken in his stride since joining the Swedish security giant in 2014.
With the Chinese New Year fast approaching, it is once again the time for Chinese firms to take stock of the last year and look ahead. Perhaps the single most significant event concerning top Chinese firms, and which has widespread global implications, is the dramatic fall of King & Wood Mallesons’ UK, Europe, and Middle […]
Gianni Origoni Grippo Cappelli & Partners has appointed 11 new partners: Francesco Bruno, Massimiliano Calabrò, Stefano Cunico, Elisabetta Gardini, Biagio Giliberti, Marco Martinelli, Matteo Padellaro, Dario Pozzi, Magda Serriello, Gianfranco Toscano e Vittorio Zucchelli. Francesco Bruno, a member of the energy and infrastructure department, focuses on private and public M&A transactions. Massimiliano Calabrò, a member […]
Barclays stands to lose up to £25m from the collapse of KWM in the UK and Europe, The Lawyer has learned.
CMS has announced an end to its arrangement with Slovak office Ružička Csekes in favour of opening its own office in the country in May this year.
Olswang Paris managing partner and corporate head Guillaume Kessler has joined Orrick Herrington & Sutcliffe.
DLA Piper has hired Adam Hembury from Ashurst as director of innovation in EMEA and Asia Pacific.
KWM’s UK, Europe and Middle East operations have gone into administration, signalling the biggest ever UK law firm collapse.
In 2014 Romania’s energy sector was granted a new lease of life. The discovery of oil in the Black Sea had the potential to reinvigorate the nation’s dwindling energy offering.
Olswang has paid out millions of pounds in loan facilities to its European offices, and expects to recoup almost £23m in repayments by 2020, the firm’s LLP accounts have revealed.
After a record number of entries, the shortlist for The Lawyer European Awards 2017 is finally revealed today (16 January).
Cleary Gottlieb Steen & Hamilton has advised French lens maker Essilor on its £40bn merger with Ray-Ban owner Luxottica.
Move of the week Linklaters has appointed Carsten Loll to the firm as a partner. Munich-based Loll was formerly international real estate head at DLA Piper, having joined the firm in 2010 from Hogan Lovells. At Linklaters Loll will work alongside German practice group head Wolfram Krüger and the firm’s two other real estate partners […]
GC expectations of Brexit’s impact range from high to low depending on their business sector, but all are resolved to use this volatile time to re-evaluate processes and their role
Former Osborne Clarke Netherlands managing partner Michiel Odink has launched a new intellectual property boutique with two lawyers from Van Doorne and Hoogenrad & Haak.
Ince & Co is opening an office in Marseille, its third in France after Paris and Le Havre, with the hire of two local shipping and transport specialists.
A leading insolvency practitioner has said KWM’s Europe financials were “more mismanaged than BHS” as even its administrators walked away over fears of not being paid.
Lex Mundi’s board of directors have voted unanimously to admit Pepper Hamilton as its exclusive member firm for US, Pennsylvania. Pepper Hamilton is a leading, full-service law firm with more than 450 lawyers. It provides corporate, litigation and regulatory legal services to businesses, governmental entities, nonprofit organisations and individuals throughout the US and around the world. Joan […]
The corporate team at Walker Morris has been recognised for its deal success in Bloomberg’s Global M&A Market Review Legal Rankings for 2016. Walker Morris has been ranked joint 17th overall in terms of number of M&A deals on which it has advised in 2016, making it one of the UK’s most active deal advisers. The […]
Khaitan & Co advised a consortium of lenders including, Citibank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, The Bank of Tokyo-Mitsubishi UFJ and HSBC in relation to a term loan facility of £385m to Accord Healthcare for the purchase of Actavis UK and Actavis Ireland. The deal includes the manufacturing unit at Barnstaple. The loan facility was primarily […]
Schoenherr has maintained its position as top legal adviser in the Austrian Mergermarket M&A league tables for the ninth consecutive year. Mergermarket is a leading business intelligence provider, and based on the comprehensive deal data that Mergermarket assembled throughout 2016, Schoenherr’s M&A practice is number one in terms of the number of qualifying M&A transactions […]
AlixPartners has declined to be named King & Wood Mallesons (KWM) administrators due to “concerns about funding”, The Lawyer has learned.
KWM EUME managing partner Tim Bednall has told all staff in an internal memo this afternoon that the firm will no longer be able to pay any salaries at all.
Dechert has raided Cadwalader Wickhersham & Taft’s Brussels office by taking a four-lawyer competition team.
King & Wood Mallesons LLP has filed a second notice of intention to appoint administrators, delaying the administration process by 10 more days as it looks to secure a deal with the firm’s China partnership.
Macfarlanes is set to open an office in Brussels following the arrival of a new competition team from King & Wood Mallesons (KWM).
King & Wood Mallesons (KWM) EUME senior partner Michael Cziesla is joining McDermott Will & Emery, The Lawyer understands.
Willkie Farr & Gallagher has hired King & Wood Mallesons (KWM) French investment funds co-head Nathalie Duguay.
King & Wood Mallesons’ toilet paper supplier is one of a number of providers to pull its contract with the firm this week as it heads towards administration, The Lawyer understands.
Morrison & Foerster has made up 15 lawyers to its global partnership, including its second ever promotion in London.
DLA Piper international real estate head Carsten Loll has left the firm’s Munich office for Linklaters.
Specialist sports lawyers at Walker Morris have advised Eleonora Sport on the sale of 50 per cent of the shares in Leeds United Football Club to Greenfield Investment, ultimately owned by Italian businessman Andrea Radrizzani. Following the acquisition Greenfield will be co-owner with Eleonora Sport, which is run by the Cellino family, which retains a […]
Addleshaw Goddard is in talks to merge with full-service German firm Luther, The Lawyer understands.
Khaitan & Co advised 3M Cogent on the Indian leg of its transaction involving the sale of Identity Management Business in various countries including India to Gemalto for $850m. 3M serves customers through five business groups, which increase speed and efficiency by sharing technological, manufacturing, marketing and other resources. 3M has various products in business sectors […]
King & Wood Mallesons has informed 100 staff and fee-earners in the UK, Europe and Middle East that their pay has been halted as of today.
Cadwalader Wickersham & Taft’s Asia managing partner is joining King & Wood Mallesons (KWM) China along with his team after the US firm shut down its entire China operation late last year.
Walder Wyss has announced that a new partner, Roger Staub, as well as new consultants, Thiemo Sturny and David Vasella, will be joining its chancellery as of 1 January 2017. Roger Staub is a partner in the information technology, intellectual property and competition team. He represents national and international companies from various industries, such as luxury goods, pharmaceuticals, food, financial services, fashion, […]
Walder Wyss has promoted Ayesha Curmally,Michael Isler, Robert von Rosen and Stefan Knobloch to its partnership, effective from 1st January 2017. Ayesha Curmally is a notary in the canton of Basel-Stadt, a certified specialist SBA in inheritance law as well as a lawyer in the private clients team. Her main areas of practice include marriage and inheritance law, estate and succession […]
Schoenherr has led Kosovan mobile operator Z-Mobile to victory in its dispute against state-owned Telecom Kosovo in Kosovo’s largest commercial arbitration to date. An ICC tribunal composed of Georg von Segesser (president), Franz Schwarz (Z-Mobile’s appointee), and Jernej Sekolec (Telecom Kosovo’s appointee), awarded Z-Mobile damages, lost profits, contractual penalties, arbitration costs, and interest in the […]
No5 Chambers’ barristers Ramby de Mello, leading S Chelvan, have been instructed by David Tang of David Tang & Co to seek a declaration from the Divisional Court on the requirement of approval from HM Treasury and an Act of Parliament to withdraw the UK from the European Economic Area Agreement 1994. Pursuant to Article […]
Collyer Bristow’s James Badcock quoted in City AM discussing the rise in investor visa applications post-Brexit. Investor visa applications rose sharply after the referendum as wealthy foreigners sought to take advantage of special immigration rules and a weaker sterling. Non-UK individuals who invest at least £2m can enter the UK for three years under the […]
Sanofi and Boehringer Ingelheim confirmed closing (in most markets) on 1 January 2017 of a $25bn transaction involving the exchange of Sanofi’s animal health business and Boehringer Ingelheim’s consumer healthcare business. Bär & Karrer acted as Swiss legal adviser to Sanofi. The team included Ralph Malacrida, Micha Schilling (both M&A), Mani Reinert (competition), Markus Wang […]
Credit Suisse (Schweiz) AG started operating in Switzerland as a fully owned banking subsidiary of Credit Suisse AG with its own banking licence, effective November 2016. Bär & Karrer selected approximately 20 law firms in various jurisdictions and streamlined, in co-ordination with Hengeler Mueller in Germany, the advice provided by these firms with regards to […]
Client confidentiality is the bedrock of any trusted legal practice. It’s a priority that informs everything from personal interactions to firm-level data protection—all of which requires effort, diligence, and planning. But in the information age, there are more opportunities than ever to breach confidentiality—are you REALLY giving it the attention it deserves? A recent study […]
DWF has launched its first office in France through a merger with four-partner Paris firm Heenan Paris.
US firms dominated M&A deals involving a UK party in 2016, as transaction values fell 38 per cent, new research shows.
On 19 September 2016, Sempione Retail, a company owned by OVS, Retails Investment and Elarof Trust, launched an all-cash public tender offer for all listed shares in Charles Vögele Holding. With the satisfaction of all its conditions, the offer was settled on 16 December 2016. Sempione Retail currently controls 95 per cent of the voting […]
Schoenherr has advised Franz Haniel & Cie alongside lead counsel Glade Michel Wirtz in Austria, the Czech Republic, Poland and Slovakia over the formation of a joint venture with Rentokil Initial to create a leading provider of workwear and hygiene services in Europe. The joint venture will be formed through the transfer of the Rentokil Initial […]
Despite 2016 coming to an end, deal activity showed no signs of slowing down for European firms in December.
The petition to the court follows a year of partner departures and mounting debt pressures. The firm is understood to be filing for administration now ahead of a rent payment later this month and its January tax bill.
Meyer Burger Technology completed a rights offering as part of a recapitalisation programme on 20 December 2016. The recapitalisation programme consisted of three pillars: the amendments of the terms and conditions of the outstanding convertible bonds approved in a bondholder meeting (subject to the approval of the High Court of the Canton of Berne); a […]
On 20 December 2016, the Court of Arbitration for Sport (CAS) issued its decision in the arbitration procedure between Real Madrid Club de Fútbol and the Fédération Internationale de Football Association (FIFA). The CAS partially upheld Real Madrid’s appeal, set aside the FIFA Appeal Committee’s decision of 8 April 2016 and replaced it by a […]
Ardian has acquired a majority stake in Weber Automotive, a leading worldwide supplier in the automotive industry. Bär & Karrer acted as Swiss legal advisor to Ardian as well as Willkie Farr & Gallagher, Frankfurt, as lead counsel. The Bär & Karrer team included Christoph Neeracher, Luca Jagmetti, Philippe Seiler and Manuel Baumberger (all M&A).
Oasis Group, the fastest growing records and information management (RIM) company in Europe, has recently completed six acquisitions in the Netherlands, UK and Republic of Ireland markets. Since November, the company has secured the RIM business of Meta Archiefbewaarneming (Mierlo, the Netherlands), Anglian Archives (Norwich, UK) and EndEx Archives (Ipswich, UK). In addition, Oasis Group recently closed on […]
Gowling WLG has advised client Primrose Solar on its disposal of a portfolio of six solar farms, with an aggregate capacity of 78MW, to Greencoat Capital’s first solar vehicle, Greencoat Solar I LP, one of 2016’s largest private solar M&A deals in the UK. The portfolio comprises solar farms in Cornwall, Wimbourn, Chichester, Ashby-de-la-Zouch, Morecambe […]
The joint owners of Switzerland-based Unilabs, private equity funds Apax Europe VI, Nordic Capital Fund VI and Apax France VII, announced today that Nordic Capital and Apax Partners France have accepted an offer from Apax IX, advised by Apax Partners LLP, to acquire their respective stakes in Unilabs. The transaction marks the successful completion of the […]
Fairfax Financial and Allied World Assurance are to merge, pursuant to which Fairfax will acquire all of the outstanding registered ordinary shares of Allied World. Under the terms of the agreement, Allied World shareholders will receive a combination of Fairfax subordinate voting shares and cash equal to $54 per Allied World share, for a total equity […]
The Supreme Court handed down its judgment in R v Docherty  UKSC 62 on 14 December 2016. No5 Chambers’ Philip Rule presented the appeal to the Court of Appeal that successfully established the application of Article 7 of the European Convention on Human Rights and the principle of lex mitior in English law. However, […]
UBS has merged various wealth management subsidiaries in Germany, Italy, the Netherlands, Spain and Luxembourg into the new subsidiary UBS Europe SE, headquartered in Frankfurt. Bär & Karrer is advising UBS on these transactions as counsel with respect to Swiss tax law. The team includes Susanne Schreiber, Michael Abegg and Corinna Seiler (all tax associates).
Lonza has announced that it will acquire Capsugel from KKR for $5.5bn to create a leading integrated solutions provider to the global pharma and consumer healthcare industries. The transaction includes the refinancing of an existing Capsugel debt of $2bn and will be financed with loan facilities arranged by BofA Merrill Lynch and UBS. Lonza intends […]
Bauwerk Parkett has completed its acquisition of the Croatian-based Haas Dom from the German Haas Group. Bauwerk Parkett is part of the Bauwerk Boen Group which is a leading player in the European parquet industry. Bär & Karrer acted as legal adviser to Bauwerk in the transaction. The team included Christoph Neeracher, Luca Jagmetti, Yves […]
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Greenberg Traurig has confirmed that it plans to take on a six partner team from King & Wood Mallesons (KWM) after dismissing rumours of a takeover of KWM’s EUME business last month.