Devereux Chambers’ Colin Edelman QC and Fountain Court’s Leigh-Ann Mulcahy QC and Richard Coleman QC have been drafted in by the Financial Conduct Authority (FCA) to bring court action over whether Covid-19-induced shutdowns should be covered by business interruption (BI) insurance policies. The watchdog said at the start of May that it had written to […]
The Financial Conduct Authority (FCA) is scrapping its current legal framework and consolidating its legal services into two lots for a new £2.15m panel. As part of the review, the FCA is seeking between 10 and 20 firms (five to 10 for each lot). Whereas it previously had separate contracts in place for individual requirements […]
Last week saw a flurry of M&A activity, touching the areas of beauty and fashion, tech and software acquisitions, including one by giant Microsoft, and the first listing on the London Stock Exchange’s main market since the lockdown started. In the world of fashion and beauty, last week a transatlantic Skadden team advised the beauty […]
Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
Devereux Chambers’ Colin Edelman QC and Fountain Court’s Leigh-Ann Mulcahy QC and Richard Coleman QC have been drafted in by the Financial Conduct Authority (FCA) to bring court action over whether Covid-19-induced shutdowns should be covered by business interruption (BI) insurance policies. The watchdog said at the start of May that it had written to […]
The Financial Conduct Authority (FCA) is scrapping its current legal framework and consolidating its legal services into two lots for a new £2.15m panel. As part of the review, the FCA is seeking between 10 and 20 firms (five to 10 for each lot). Whereas it previously had separate contracts in place for individual requirements […]
Last week saw a flurry of M&A activity, touching the areas of beauty and fashion, tech and software acquisitions, including one by giant Microsoft, and the first listing on the London Stock Exchange’s main market since the lockdown started. In the world of fashion and beauty, last week a transatlantic Skadden team advised the beauty […]
Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
European venture capital firm Atomico has brought in its first ever general counsel. The firm has hired Kasit Rochanakorn, who was previously executive director and senior counsel at Goldman Sachs. Rochanakorn worked at the investment banking giant for little more than a year, advising on the investments of its merchant banking division in private equity […]
There is a beautiful sort of symmetry that can be found in Slaughter and May’s investment cycle. Either someone in Bunhill Row has done the maths, or by now it just comes naturally. A strict eye on partner headcount, coupled with a very, very slow revolving door, means that growth in each practice area mirrors […]
According to a recent study by Irwin Mitchell, Exeter is projected to be the UK’s fastest growth city in the next few years. It’s rather a shame for Irwin Mitchell that the closest it gets to Devon is an office in Bristol, but there are other firms that are champing at the bit. With little […]
Wondering why your divorce instructions have dried up? Stowe’s arrived in town
Alas, poor Shearman. The news hasn’t been kind of late. However, the preliminary M&A rankings for 2023 will make for happy reading at the firm. According to data provided by the London Stock Exchange, the firm has so far worked on 36 public M&A transactions globally, valued at $31.3bn. That makes it the sixth most […]
If the UK wants to get serious on white-collar crime, it needs to spend more
Stalling margins could break the defendant insurance market
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. The level of cash at Linklaters has fallen by 50 per cent over the past three years, more than any […]
Shoosmiths has been on call for retailer Cath Kidston, following its acquisition out of administration by Next. The firm worked with Cath Kidston’s administrators at PwC in the sale, with restructuring head James Keates at the helm alongside London partner Lee Sennett. Other members of the team included Birmingham-based principal associate Charlotte Broster, senior associate […]
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. Law firms are gearing up for the impact of an HM Revenue & Customs-led change to the way equity partners […]
Three firms have been selected to work on chipmaker Arm’s highly anticipated IPO, The Lawyer can reveal. A team from Morrison & Foerster will be working on the issuing side in the US, with Slaughter and May allocated to the UK component. Davis Polk & Wardwell has landed the mandate on the underwriting side for the […]
The Bar Standards Board (BSB) is in the process of deciding whether disciplinary action should be taken against a group of barristers who have signalled their intention to disobey the cab-rank rule. Last week, a group called Lawyers Are Responsible issued a declaration that focused on the need for faster and stronger action for the […]
The Competition & Markets Authority has relaxed its stance on Microsoft’s proposed takeover of Activision Blizzard for nearly $69bn, in what will be welcome news for the IT giant’s antitrust lawyers at Weil Gotshal & Manges. Last month, the UK regulator said that the deal raised competition concerns in relation to both console gaming and […]
