White & Case has failed in its attempt to reverse a decision in the commercial court, acting for Peruvian company Minera Las Bambas in its dispute against Glencore. In the Court of Appeal hearing, White & Case partner Charles Balmain represented Minera in a claim that arises out of a share purchase agreement entered in […]
Ogier has advised Glencore International AG (Glencore) on the sale of a majority stake in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co Limited (HNA) for US$775m. Ogier acted as Jersey counsel on the deal, working alongside lead counsel Linklaters, with the team led by partner Raulin Amy and senior associate Oliver […]
Barclays is looking to appoint a new panel entirely made up of alternative legal services providers. The process will kick off in the coming months and is expected to be completed by the end of the year subject to the current Covid-19 situation. For the first time, the bank is looking to include companies such […]
Osborne Clarke has become the latest international firm to withdraw from Hong Kong after five years operating in the Asia financial hub. Osborne Clarke’s Hong Kong office will be shut at the end of June. It currently has two partners, two associates, a trainee and three support staff. The firm said all members of the […]
White & Case has failed in its attempt to reverse a decision in the commercial court, acting for Peruvian company Minera Las Bambas in its dispute against Glencore. In the Court of Appeal hearing, White & Case partner Charles Balmain represented Minera in a claim that arises out of a share purchase agreement entered in […]
Ogier has advised Glencore International AG (Glencore) on the sale of a majority stake in HG Storage International Limited (HGSI) to HNA Innovation Finance Group Co Limited (HNA) for US$775m. Ogier acted as Jersey counsel on the deal, working alongside lead counsel Linklaters, with the team led by partner Raulin Amy and senior associate Oliver […]
Barclays is looking to appoint a new panel entirely made up of alternative legal services providers. The process will kick off in the coming months and is expected to be completed by the end of the year subject to the current Covid-19 situation. For the first time, the bank is looking to include companies such […]
Osborne Clarke has become the latest international firm to withdraw from Hong Kong after five years operating in the Asia financial hub. Osborne Clarke’s Hong Kong office will be shut at the end of June. It currently has two partners, two associates, a trainee and three support staff. The firm said all members of the […]
Shearman & Sterling has introduced a voluntary leave scheme for its lawyers as part of wider coronavirus-related measures. The US firm is giving its staff the choice to take between three and six months of work on 30 per cent of their usual pay, with the amount increasing to 40 per cent if lawyers who […]
Today’s the day: will Allen & Overy (A&O) and Shearman & Sterling vote to merge, or have efforts by both firms’ management failed to convince the naysayers? Unlike the excitement of a day’s General Election, both sides are being very lawyerly about it and can ponder for two whole weeks. The vote closes on 13 […]
On Halloween 2024, all that remained of SJ Berwin will end, as King & Wood Mallesons’ (KWM) retreat from the UK, Europe and the Middle East is finalised and its offices in those regions closed. The fate of its people in London, Brussels, Madrid, Milan, Frankfurt and Dubai will be sealed. And that will be […]
The latest mergers in Scotland will be followed by more soon enough
The Lawyer’s first Regional Powerhouse Ranking shows the strength of the UK’s legal market outside London
A period of radical change has descended on the profession, with firms contending with a raft of organisational challenges. Major tax reforms are underway for the 2023/24 year, with many firms expected to issue cash calls to satisfy the income tax bills from HM Revenue & Customs. But this one-off hit is little compared with […]
The latest episode of The Lawyer Podcast is out now! Proposed redundancies at CMS and Taylor Rose have raised associate anxieties across the market, with many wondering whether they could be the start of wider trouble. The Lawyer‘s editor Catrin Griffiths and litigation editor Christian Smith are joined by director of insight Matt Byrne and […]
The Solicitors Regulation Authority (SRA) is liaising with law enforcement authorities over allegations made regarding embattled firm Axiom Ince, as the Metropolitan Police Service confirms a referral was passed on by the regulator. In August, the regulator suspended three partners from Axiom Ince, the firm that acquired Ince Group just four months before and was […]
As Axiom Ince finally collapses, The Lawyer can reveal that barely any of the current or future trainees have found new homes – and the future trainees have missed their deadline to begin their studies at BPP. The Lawyer understands that two individuals have been able to transfer their current training contracts to Stephenson Harwood […]
Jailed Russian businessman Ziyavudin Magomedov has filed a $13.8bn claim against US private equity giant TPG, ports multinational DP World and a number of Russian state companies. The claim, which alleges that Magomedov’s business empire was manoeuvred into Russian state hands, was launched by litigation boutique Seladore Legal and includes a line-up of barristers from […]
Axiom Ince has taken another hit this morning, losing a large team to Birketts and over 30 lawyers to Horwich Farrelly (HF). HF has taken the largest cohort yet from the ailing firm, onboarding more than 30 lawyers including nine partners and one associate partner. Partners Stef Johnston, Jarrod Parker, Alison Beesley, Chris Foulkes, Richard […]
