Hogan Lovells’ staff in Brussels will be brought under one roof later this year in what will be a test case for the firm’s ongoing integration strategy. The Brussels team is currently spread across the former Lovells headquarters at Avenue Louise and the legacy Hogan & Hartson office at Rue de l’Industrie. All 51 staff, […]
With the closure of coal-powered energy stations, the proposed private sector-funded nuclear alternatives will be vital to meet the UK’s needs. But as Hamish Lal reports, the builds could be seriously delayed due to a lack of clarity on the part of the Government The secretary of state for energy and climate change Chris […]
With the chances of making equity gradually reducing across the top 100, has the focus on PEP radically changed the structure of partnership? The old order has been re-established. While the much-contested profit per equity partner (PEP) continues to be an emotionally important metric, it favours those firms that have smaller equity partnerships. Fewer equity partners […]
Guildford-based firm Stevens & Bolton has advised real estate agents Countrywide, LSL Property Services and Connells Group in their strategic tie-up with leading property website zoopla.co.uk. Under the terms of the partnership agreement signed last week, the three agents, which between them operate more than 2,000 branches in high streets throughout the UK, will advertise […]
Clifford Chance has guided Evans Randall through the refinancing of a major Canary Wharf property, triggered by a drop in the loan-to-value ratio. Real estate finance partner Iain Morpeth and finance partner Robert Smith advised the client on its investment in 5 Canada Square, the European headquarters of Bank of America, which it sublets from Credit Suisse. Evans Randall acquired the […]
Macfarlanes has advised corporate lender Haymarket Financial Holdings (HayFin) on its multimillion-pound capital injection. The company, which lends to small and medium-sized businesses, raised a reported £375m of funding from three investors: Australia’s sovereign wealth fund, Apax Partners founder Sir Ronald Cohen and Lord Rothschild. The Macfarlanes team provided advice on specialist fundraising, corporate matters and tax structuring. The team was led […]
Baker & McKenzie and White & Case bagged leading roles on the $16.7bn (£10.8bn) restructuring of Kazakhstan’s BTA Bank. The multimillion-dollar restructuring, which is among the largest ever completed in the region, was recognised by the Special Financial Court of Almaty on 31 August and, barring an unlikely appeal against the agreement, it will take legal effect on […]
…but accepts patience is a virtue if it is ever to be at the core of the Big Apple. It has become almost customary for partners at New York’s white shoe elite to dismiss the threat posed by Hogan Lovells. “I don’t consider it a major player,” says one. “No one is talking about [the […]
Austrian firm Schoenherr has established a compliance and white-collar crime team to target companies damaged by the criminal acts of employees and third parties, as well as companies facing criminal charges. The practice is led by Vienna partner Wolfgang Höller and junior partner Heidemarie Paulitsch. “This team is a response to the increasing requests we […]
German firm Graf von Westphalen, which earlier this year split from its Cologne and Freiburg teams, has announced that it is looking to open an office in Düsseldorf. Robert Theissen, managing partner of the 82-lawyer firm, based in Munich, Berlin, Frankfurt and Hamburg, said he is “quite sure” that the firm will have an office […]
The new managing partner of Manchester firm Pannone has implemented a raft of changes since taking the helm earlier this year, saying she is “the sort of person who likes a challenge”. This is hardly surprising, given Emma Holt’s background in clinical negligence, a field she says she was drawn to for the intellectual challenge it offers. […]
Channel 5’s legal chief Paul Chinnery has been made redundant and is set to leave the broadcaster at the end of October. The TV company has offered redundancy packages to 20 staff in the legal department following its takeover by Richard Desmond’s Northern & Shell in July. This will pave the way for a reorganised […]