13 August 2007

BLG’s summer of leave

Poor Barlow Lyde & Gilbert (BLG) has not had the ‘summer of love’ the firm really needed. Yet another member of its family has left the fold. BLG’s financial services regulatory chief Chris Warren-Smith upped sticks and left for US firm Fulbright & Jaworski. See story. Warren-Smith is just one more in a line of […]

Fulbright benefits from another BLG partner exit

Barlow Lyde & Gilbert (BLG) has been raided by US firm Fulbright & Jaworski, losing the head of its financial services regulatory team Chris Warren-Smith. Warren-Smith is the latest in a line of big-hitting partners to leave BLG this summer. In the past six weeks aviation boutique Gates and Partners poached BLG’s Singapore boss David […]

A&O launches IMI probe

Allen & Overy (A&O) is advising IMI, one of the UK’s biggest engineering groups, on an internal corruption investigation. IMI kick-started the internal investigation after suspecting some of its sales agents in South East Asia, East Asia and the Middle East were offering sweeteners to the company’s customers. The magic circle firm will be working […]

DWS enters arbitration for Sheff Utd v West Ham

Denton Wilde Sapte (DWS) is representing Sheffield United FC in arbitration proceedings against West Ham United FC over Argentine star Carlos Tevez. The DWS team acting for Sheffield is led by litigation partner John Rosenheim and arbitration specialist Paul Stothard, instructing Ian Mill QC of Blackstone Chambers. Stothard said: “Sheffield United is a member of […]

De Pury quits for Sainsbury’s bid; joins BLP in January

Herbert Smith’s star real estate partner Chris De Pury has left the firm today (17 August) for Berwin Leighton Paisner (BLP), the two firms announced this morning. De Pury will not start at BLP until 17 January, however. In the meantime he will work at investment company Three Delta. Three Delta is currently bidding for […]

Bakers gets ahead of itself

Baker & McKenzie‘s global revenue hit $1.829bn (£910m) in the 2007 financial year following a rise of 20 per cent (see story). It’s pretty impressive stuff, particularly as it means the firm has already reached the figure it had targeted for 2008. That’s great news for the firm on the one hand, but on the […]

FSA plunders City to boost enforcement division

The Financial Services Authority (FSA) is beefing up its enforcement capability as it moves towards a principles-based regulatory regime. Despite the fact that around 30 per cent of the City watchdog’s existing workforce will have left by the end of this year, the FSA has already recruited seven managers and 17 technical specialists with the […]

SEC targets Broadcom GC as stock option probe widens

Broadcom Corporation’s general counsel David Dull has come under the spotlight of the Securities Exchange Commission (SEC) for allegedly backdating the chipmaker’s stock options. On Tuesday Dull was sent a Wells Notice, which gives companies and individuals an opportunity to respond if the SEC decides to pursue a lawsuit. The SEC had sent notices to […]

Bakers reports 20 per cent turnover growth

Baker & McKenzie has reported global turnover growth of 20 per cent in the 2007 financial year with total income rising to $1.829bn (£910m). The bulk of this – 41 per cent ($750m, £373.1m) – came from Europe and the Middle East with 35 per cent of revenue coming from North and Latin America and […]

7/7 victims launch legal action against govt

A group of survivors and relatives of victims of London’s 7 July 2005 bombings are to take legal action against the government to force an inquiry into the events of that day. The group is being represented on a pro bono basis by London’s Oury Clark Solicitors, a 20-lawyer white collar crime boutique. The firm […]

Lawyers behaving badly… allegedly

We know that poor old Freshfields has borne the brunt of commentary regarding its familiarity with tribunals this summer. We know that poor old Freshfields has borne the brunt of commentary regarding its familiarity with tribunals this summer. But perhaps the magic circle firm should take heart: it’s not alone. This week has seen a […]

Camerons loses fourth partner in three weeks

CMS Cameron McKenna has been hit by another partner departure, with the London office of Missouri-headquartered Shook Hardy & Bacon picking up commercial partner Mark Tyler. Tyler marks Camerons’ fourth partner departure in the last three weeks. His exit follows that of aviation finance partner Paul Richardson, who went to Stephenson Harwood, and Moscow-based partners […]