Skadden Arps Slate Meagher & Flom’s European head has been promoted to chairman of Chelsea Football Club’s parent company Chelsea Village. Bruce Buck is taking over the role from Chelsea Village’s colourful chairman Ken Bates who will continue to be non-executive chairman of the football club. The Skadden Arps partner, who acts for Chelsea owner […]
Manchester United lawyer Maurice Watkins has denied allegations of potential conflicts of interest and poor corporate governance. Watkins, who is senior partner at James Chapman & Co, the main legal adviser to Manchester United for a number of years, has faced a string of media allegations that emerged as a result of the shareholder probe […]
Shepherd + Wedderburn has boosted its London corporate practice with a new addition from Barlow Lyde & Gilbert (BLG). Robert Lyons joins the five partner London branch with 17 years experience in corporate finance which includes spells at Linklaters and Mayer Brown Rowe & Maw. Lyons will become the second corporate at the firm’s London […]
Haarmann Hemmelrath has completed a major internal reorganisation, overhauling its profits distribution system and partnership structure. From July, the German firm will move away from an “eat what you kill” style of remuneration, and instead will opt for a lockstep-style system of remuneration for its junior equity partners. This is designed to reflect seniority as […]
Spain’s Garrigues and its Portuguese best friend Leóidas Matos & Associados are launching an alliance with a trio Latin American firms. Garrigues and Leóidas Matos are being joined by Argentina’s Bruchou, Fernández Madro Lombardi & Mitrani, Brazilian firm Barbosa Müssnich & Aragão and Mijares Angoitia Cortés Y Fuentes SC in Mexico Chairman of the alliance […]
Here’s a curious thing. Linklaters is acting for Bank of America, the US financial institution that, along with Citigroup, had been a main banker to bankrupt Italian food group Parmalat. On the other side of this equation is Italian powerhouse Gianni Origoni Grippo & Partners, which is representing the appointed commissioner (known in the UK […]
Ernst & Young-associated US firm McKee Nelson has made another swoop on a rival for laterals, this time taking two securitisation partners from Weil Gotshal & Manges. Structured finance and securitisation partners William Gray and Eugene Ferrer will bring the number of partners in McKee Nelson’s structured finance department to 20 after a sustained recruitment […]
Families of the British victims of the 9-11 disaster will finally get a chance to seek compensation when the UK hearing kicks off on Thursday, in what is believed to be the first UK civil case presided over by a US judge. Special Master Kenneth Feinberg is flying into the UK to rule on the […]
Highly rated Linklaters partner Andrew Legg has quit for Mayer Brown Rowe & Maw after over 20 years at the magic circle firm. Linklaters decided over 18 months ago to refocus on corporate and finance work at the expense of future investment in the real estate and litigation departments. Litigation was also to be aligned […]
Fallout from the Australian arm of KLegal has begun with departures from both KPMG and KPMG Legal to Australian firm Corrs Chambers Westgarth. KPMG tax partner Kevin Reilly joins as a senior consultant with the firm, while KPMG Legal’s Andrew Percival joins as special counsel. The pair worked closely together at the accounting giant on […]
Maples and Calder’s former London managing partner has rejoined her former colleagues from Sidley Austin Brown & Wood after jumping ship to Gide Loyrette Nouel’s UK office. Securitisation expert Margaret Boswell is once again working with Michael Doran, Colin Mercer, Scott Cameron and Christopher Mead, the group which last year left Sidley for Gide to […]
Haarmann Hemmelrath has split with its former head of corporate recovery and insolvency following a “difference of opinion” over a reorganisation of the department. Michael Thierhoff is leaving the firm, along with Haarmann corporate recovery partner Thomas Illy to set up a specialist practice. Leadership of the six-partner department has been taken over by Haarmann […]