22 July 2002

Buck review

London head Bruce Buck reckons he’s your typical Skadden lawyer: a private life’s just a distraction from work. Kathryn Hobbs reports The temperature is up in the high 20s, and following a deeply unpleasant ride in the steaming sweathole that is the Jubilee Line, the cool of Skadden Arps Slate Meagher & Flom’s Canary Wharf […]

FIRM PROFILE: VEITCH PENNY

With a new leader at the helm, Veitch Penny is gunning for commercial growth Exeter-based Veitch Penny has hired former Trethowans employment and licensing partner Peter Taylor as its new managing partner. Taylor took over the role on 1 June, when former managing partner Simon Young left to become chief executive at the Law Group.Having […]

Deals summary

Ashurst Morris Crisp (Mark Vickers) advised Barclays Bank Leveraged Finance on the £50.75m public to private takeover of FCX International by XCF Investments, a company funded by the Alchemy Investment Plan. XCF advised by Macfarlanes. Linklaters (David Yun) advised Pacific Ports Company (PPC) on a proposed HK$1.09bn (£89.5m) merger between indirect subsidiary Xiamen Xiang Yu […]

Kimbells launches corporate division

Milton Keynes firm Kimbells has opened a new corporate advisory division to offer corporate finance services to clients The new division, S2 Corporate Finance, which is regulated by the Financial Services Authority (FSA), is a niche corporate advisory practice providing advice to small and medium-sized enterprises.Founding Kimbells partner Stephen Kimbell has moved from the firm’s […]

Carphone in-house

Carphone Warehouse group corporate counsel Tim Morris built the company’s in-house law department from scratch and has practically banned outsourcing. But he still has mates who work at law firms. Caroline Davies asks: how? When Tim Morris, group corporate counsel at Carphone Warehouse, won In-House Lawyer of the Year at this year’s Lawyer Awards, he […]

UK counsel in Hong Kong and Singapore

Top daily rates for Hong Kong counsel are al-most twice the fees paid to UK silks working in the region Senior litigation lawyers in Hong Kong report that daily refreshers – payment for each day in court – for local senior counsel (SC), equivalent to Queen’s Counsel here, range between £5,000 and £11,000. Clerks in […]

Bar talk

John Gott was the last man to be sent to prison under the UK’s blasphemy laws in 1921, for publishing a pamphlet which compared Christ to a donkey-riding circus clown. Since then, blasphemy has hit the headlines only twice First, in 1977 when self-proclaimed morals champion Mary Whitehouse successfully prosecuted Gay News for its publication […]

Travers, Freshfields and CC land work on LSE overhaul

Travers Smith Braith-waite, Freshfields Bruckhaus Derringer and Clifford Chance have advised CRESTCo, the London Stock Exchange (LSE) and the London Clearing House on a revolutionary trade settlement system provided for the LSE by CRESTCo.The new system, which took effect on 1 July, will allow traders on the London equities market to settle trades with much […]

New TJG hire brings in London & Regional sale and leaseback

Former Garretts property head Keith Barnett has brought a deal for key client London & Regional Properties to his new firm Taylor Joynson Garrett (TJG). London & Regional has secured a $300m (£197m) sale and leaseback with struggling Swiss engineering group ABB.Barnett used former Swedish Andersen Legal firm Archibald for the Swedish aspects of the […]

Clyde & Co finds quick-fix solution for WTC claims

A unique scheme has been drawn up by Clyde & Co to resolve quickly the hundreds of reinsurance claims arising out of the destruction of the World Trade Center (WTC) – totalling an estimated $45bn (£28.7bn) – that are soon to reach the London market .The firm’s senior partner Michael Payton is responsible for the […]

Deals summary

SJ Berwin (John Eldridge) acted for property company Merivale Moore on its £16.75m acquisition of the freehold of Imperial House in Kingsway, Central London, from a private vendor. Vendor was represented by Linklaters (Andrew Kinsey). Macfarlanes (David Sanders) advised Pinder Fry & Benjamin on the acquisition and funding of Jarvis’s new £62.6m City headquarters. Nabarro […]

Law Society bumps up trainees’ minimum pay

The Law Society has hiked minimum salaries for trainee solicitors to take account of rising living and study costs across the country From 1 August, trainees living outside London will be paid at least £13,000, up from £12,000, while their counterparts in the capital will see their minimum wage rise from £13,600 to £14,600. The […]

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