Insolvency and restructuring

News

Shearman nabs Latham restructuring partner

Shearman & Sterling has hired a second lateral in its restructuring practice this week, this time from Latham & Watkins. The US firm has taken on London partner Helena Potts, who has worked in the London office of Latham & Watkins for nine years. She has a focus on restructurings involving defined benefit pension schemes […]

Greensill

City firms pick up mandates on Greensill administration

Allen & Overy is among the firms advising as embattled financial company Greensill Capital files for administration. The magic circle firm is understood to have picked up the mandate for the company, with partners Katrina Buckley, Joel Ferguson and Ian Field at the helm of the team. They are working opposite their former A&O colleague […]

Simmons & Simmons

BCLP loses restructuring head to Simmons

Simmons & Simmons has hired Bryan Cave Leighton Paisner’s EMEA head of restructuring. The firm has recruited Ben Jones to its restructuring and special situations team in London. Starting from May, Jones will rescind his role at BCLP, which he has held for four years first at legacy Berwin Leighton Paisner and then in its […]

Linklaters finance partner exits for Latham

Latham & Watkins has added another partner to its expanding restructuring and finance groups in London, with Bruce Bell joining from Linklaters. Bell was promoted to partner at Linklaters in 2005, having moved across as an associate from Wilde Sapte in 2000. In Latham’s restructuring group, he will be reunited with fellow Linklaters alumni such […]

Paris Eiffel Tower

BCLP replenishes Paris office with Brown Rudnick restructuring hire

Bryan Cave Leighton Paisner (BCLP) is looking to boost its team in Paris after a team raid by Addleshaw Goddard earlier this month. BCLP has taken on Didier Bruere-Dawson, who has been working in Brown Rudnick’s bankruptcy and restructuring practice since 2015. He previously spent 11 years at local Paris firm De Gaulle Fleurance & […]

Analysis

Roundtable: The future-proof legal department with Wolters Kluwer

It was a fitting setting as delegates gathered in the now-commonplace environment of Microsoft Teams to discuss the use of technology and the value it brings to in-house legal departments. Video-conferencing was one of the early novelties of the pandemic-era, as professionals everywhere abandoned face-to-face meetings and shifted online. Despite its drawbacks, video-conferencing is now […]

Public M&A rankings: UK firms go missing in action

A number of success stories come to light in the public M&A rankings for Q1, with firms that have been busy investing being rewarded for their labours. But the magic circle are mysteriously absent, for now. The first few months of 2021 have seen over 8,900 transactions preliminarily agreed globally, according to Refinitiv data, the […]

Amazon

Cooley’s problem with Amazon

Last month, Cooley unveiled its first revenue dip since it opened in the City in 2015. Behind that lies a major tussle over firm strategy – and in particular, its relationship with one of the most powerful companies in the world.

Century City

After O’Melveny came Akin: How A&O’s LA plans shifted

“Now we have a presence in LA, it expands our opportunities,” says Allen & Overy’s US senior partner Tim House in reflection of the firm’s bold hire of Akin Gump’s West Coast project finance team last week. The magic circle firm has established itself in LA through the hire of six partners and 13 lawyers […]

The Working Parents Survey results: Career prospects

Part 1 of the survey results can be accessed here While it would be wrong to suggest that everyone’s career aspirations have shifted during the pandemic, it is clear that many people are re-thinking what is possible. Many parents mentioned that Covid has given them an epiphany and in the future they will value work-life […]

The Working Parents Survey results: How you’re coping

The Lawyer’s Working Parents survey ran in February, and as we suspected it might, garnered a huge response from frustrated parents at the end of their tether during this pandemic. Part One deals with how parents are coping and organisations’ responses; part two focuses on career aspirations and prospects. We received more than 1,200 responses, […]

Featured Briefings

The Cayman Islands Court of Appeal Relieves the Tension between Arbitration Clauses and the Just and Equitable Winding Up Jurisdiction

In a comprehensive judgment published on 23 April 2020, the Cayman Islands Court of Appeal, comprising Moses JA, Martin JA and Rix JA, has provided welcome clarification of the interplay between a contractual agreement to arbitrate disputes arising between shareholders and the exclusive jurisdiction of the Court to determine whether a company should be wound […]

Challenging an IVA on the grounds of material irregularity

By Simon Clark, Gawain Moore In Gertner v CFL Finance Ltd [2018] the Court of Appeal found that there had been a material irregularity at the creditors’ meeting convened to consider the debtor’s IVA proposals. The lender’s breach of the good faith principle between creditors was sufficient to revoke the IVA on grounds of material irregularity.