Allen & Overy’s (A&O) attempts to get the Commercial Court to rubber-stamp its decision to act for a number of competing creditors on the TXU Europe administration have been scuppered by one of its own clients. A&O is acting for TXU joint administrator KPMG, TXU’s banks, TXU power company creditor Barking and the bankers for […]

Denton Wilde Sapte (DWS) has boosted its asset finance group with the appointment of new partner Serge Sergiou, an aircraft and rail specialist from Clifford Chance.The appointment sees Sergiou, previously a senior associate, reunited with three of his former Clifford Chance team, including Nick Chandler, who now heads the DWS asset finance team, Paul Holland […]

Allen & Overy (A&O) partner Nick Segal is leaving the firm to join Davis Polk & Wardwell in New York. Segal will be Davis Polk’s first UK qualified partner. A statement from A&O said he would leave the firm in June and that an agreement had been reached regarding restrictive covenants.“Since joining 14 years ago […]