Global coverage

Court orders Stevens & Bolton to hand over evidence in deceit claim

In a case concerning allegations of dishonest assistance and deceit, a judge has ordered Stevens & Bolton to disclose the legal advice given by the firm to defendants after Withers demanded to see documents protected by privilege. Withers, which represents the claimant, successfully challenged the defendants’ right to withhold disclosure of documents in a judgment […]

Addleshaws takes allocation powers away from partners in disputes revamp

Addleshaw Goddard has overhauled its process surrounding work allocation for disputes lawyers, taking the responsibility away from partners. Previously, work was allocated to managing associates by partners but this has now been passed onto legal directors to give the firm’s junior lawyers a spread of work. The firm trialled this system in Manchester in 2019 […]

Skadden presses ahead in UK corporate with Freshfields hire

Skadden Arps Slate Meagher & Flom has brought in another magic circle partner to its City M&A team, this time from Freshfields Bruckhaus Deringer. The US firm has lured over partner Bruce Embley from Freshfields’ London office. Embley, who co-heads the firm’s global M&A client group, has been a partner at Freshfields since 2005. London-based, […]

London

Goodwin pulls off another team raid – this time from Sidley

Goodwin Procter has raided Sidley Austin by bringing in a five-strong team from its private equity group, including Christian Iwasko and Erik Dahl, months after the duo left its US rival. The hire comes after the duo resigned from Sidley Austin at the end of June, having moved over to the firm in 2016 from […]

Washington DC

Crowell to add Squires’ Washington team ahead of Doha move

Crowell & Moring is to launch a second raid on Squire Patton Boggs, bringing over a four-lawyer team in Washington. Having poached a nine-lawyer team in Doha, Crowell is also set to add three more partners from Squires; litigation partner Michael Guiffré, infrastructure partner Robert Hager, and construction and commercial disputes partner Meagan Bachman. A senior […]

Deals round-up: The Hut Group IPO, AVEVA’s mega-merger and London hospitals sale

Clifford Chance and Gibson Dunn are leading on The Hut Group’s planned £4.5bn IPO. Having benefited from an online shopping boom during lockdowns, it is potentially the biggest listing of a British company since 2013 and the first major London IPO since Covid-19 broke out. The digital consumer brands retailer will announce its plan to […]

Airbnb

Latham advises on Airbnb IPO filing

US firm Latham & Watkins will take on legal duties as rental company Airbnb has filed confidential IPO paperwork with the Securities and Exchange Commission. No details are available yet on the specifics around the public offering. Share price and the shares that are going to be offered will be announced at a later stage. […]

Oil rig

A&O and Dentons clash in $80m battle between Puerto Rican bank and oil giant

A High Court scrap between the Bank of San Juan Internacional (BSJ) and Venezuela’s state-owned Petroleos de Venezuela (PDVSA) is ongoing after Mr Justice Foxton adjourned Allen & Overy’s bid for summary judgment. This occurred during a hearing that took place at the end of last month, during which time Dentons came on record for […]

Berlin

Gunnercooke plots expansion with first international office

Gunnercooke is set to open two new offices, including its first international one, as its revenue hit £31m in the financial year 2019/20. The Manchester firm, which for years has been running a flexible model, will open a new office in Berlin in October. In addition, it is looking to open a fourth UK office […]

Brussels Belgium

DWF Brussels team to join Crowell & Moring

DWF’s Brussels team is set to join Crowell & Moring, after the former closed its Belgian outpost as part of a wider restructuring exercise. Head of DWF’s WTO & international trade practice Vassilis Akritidis will join Crowell on 1 October with associate Lorenzo Di Masi. It is understood that at least one other associate is […]

Hong Kong

Stephenson Harwood partner duo launch Hong Kong litigation boutique

Stephenson Harwood’s former Hong Kong senior partner has launched a new litigation-focused boutique, alongside two other lawyers from the UK firm’s office in the region. The new firm M B Kemp has been established by veteran litigation partners Malcolm Kemp and Yeeling Wan. Kemp was previously the senior partner of Stephenson Harwood’s Hong Kong office […]

The magic circle is dividing into East and West – place your bets

The dynamics of the magic circle shift according to what parameters are applied. It can be pay, where Freshfields and Linklaters have slugged it out for top PEP; or private equity market share, where Freshfields and Clifford Chance have maintained a top-grade client base; or attitude to jurisdictional expansion, where Clifford Chance and A&O have […]

Gary Hamp

Shearman tops up City finance team with Latham hire

Shearman & Sterling has replenished its London partner headcount, with the arrival of a new hire from Latham & Watkins’ Hong Kong office. Shearman has added Latham leveraged finance partner Gary Hamp to its team in the City. Hamp will relocate from Latham in Hong Kong, having been based out there for over a decade. […]

Hong Kong

WFW bets on Hong Kong growth with leadership relocation

Watson Farley & Williams’ co-managing partner Chris Lowe is to relocate to Hong Kong this month, to take advantage of opportunities arising out of the region. Lowe first took on management duties at the end of 2013 when he replaced Michael Greville along with fellow co-head Lothar Wegener, based in London. The firm’s former maritime […]

Malaysia

Clydes embroiled in 1MDB scandal

Clyde & Co has been embroiled in the 1Malaysia Development Berhad (1MDB) scandal after anti-corruption officials claimed that money held in the firm’s accounts were related to an ongoing fraud investigation. The 1MDB saga is one of the world’s largest financial fraud scandals which, among other things, has seen former Malaysian Prime Minister Najib Razak […]

Hong Kong

Orrick Hong Kong chief joins K&L Gates as office closes

Five funds and corporate lawyers have joined K&L Gates’ Hong Kong office as Orrick’s Hong Kong base shuts its doors. The team moving to K&L Gates is led by Orrick Hong Kong funds partners Sook Young Yeu and Scott Peterman. Of counsel William Ho has also joined K&L Gates as a partner, along with two […]

Beijing China

Bakers revamps China strategy with PRC verein member

Baker McKenzie has deepened its relationship with existing Chinese ally FenXun Partners, by adding the Chinese firm to its global network as a Swiss verein member. Baker McKenzie and FenXun first joined forces in 2015, when the two formed the first joint operation office (JOO) under Shanghai’s new free trade zone pilot scheme. Since then, […]

London

BCLP launches City redundancy round with 40 roles at risk

Bryan Cave Leighton Paisner (BCLP) has launched a redundancy consultation across several jurisdictions, with the firm also set to close its office in Beijing. The merged firm has said it will cut lawyer and business services roles as part of new belt-tightening measures. In London, this includes 14 fee-earners and 26 staff in business services. […]

Winston & Strawn to close Shanghai office and form JV with new local ally YuanDa

US firm Winston & Strawn has revealed its plan to close its own Shanghai office and form a joint operation office in the Shanghai Free Trade Zone with its new Chinese ally YuanDa. The Shanghai-based Chinese firm, which has recently ended its 13-year strategic alliance with McDermott Will & Emery, will be renamed YuanDaWinston. Chicago-headquartered […]

shanghai

McDermott pulls out from Asia as China strategic alliance ends

Chicago-based McDermott Will & Emery has terminated its strategic alliance with Shanghai-based MWE China, becoming the latest US firm to withdraw from Asia. The two firms entered into an exclusive alliance in 2007 when MWE China was founded by two former AllBright partners John Huang and Kevin Qian. Following the end of the 13-year relationship, […]

The latest Europe briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).