22 September 2008

Freshfields joins Nomura deal

Freshfields Bruckhaus Deringer has joined the raft of firms advising on Japanese bank Nomura’s acquisition of Lehman Brothers’ investment banking business in Europe, the Middle East and Asia. Freshfields’ mandate covers all advice for Nomura relating to the integration and combination of the businesses. The Freshfields team consists of London corporate partners Stephen Revell, Mark […]

Sullivan’s Cohen grabs role on WaMu’s demise

Sullivan & Cromwell chairman Rodgin Cohen has landed a role advising JPMorgan on its acquisition of failed US bank Washington Mutual. Sullivan & Cromwell chairman Rodgin Cohen has landed another role on a deal involving an ailing financial institution, winning the mandate to advise JPMorgan on its acquisition of failed US bank Washington Mutual (WaMu). […]

Heller Ehrman up for grabs

Heller Ehrman up for grabs 26 September 2008Some usual suspects are circling Heller Ehrman as the fire sale of its various practices kicked off in earnest after news of the West Coast firm’s dissolution. Some usual suspects are circling Heller Ehrman as the fire sale of its various practices kicked off in earnest after news […]

Bakers, Mayer Brown and Orrick prowl round Heller

Baker & McKenzie, Mayer Brown and Orrick Herrington & Sutcliffe are among the contenders to take large chunks of US firm Heller Ehrman, which announced plans to dissolve yesterday. Mayer Brown and Orrick prowl round Heller” />Baker & McKenzie, Mayer Brown and Orrick Herrington & Sutcliffe are among the leading contenders to take large chunks […]

Finers Stephens Innocent to axe six property jobs

London firm Finers Stephens Innocent is set to cut more than a fifth of jobs in its real estate practice, starting a four-week redundancy consultation. The firm is looking to axe a maximum of six fee-earners from its 25-strong property team. Finers managing partner Paul Millett confirmed that some support staff jobs would also go […]

LG in redundancy talks with 21 staff

LG has entered into a redundancy consultation with 21 support staff, with the firm blaming “overcapacity” rather than wider market conditions. Nine secretaries are being consulted in the real estate department, together with eight evening telephone receptionists and four other secretaries. A spokesperson at the firm told The Lawyer that four of the secretaries would […]

Heller Ehrman begins dissolution

Heller Ehrman has formed a dissolution committee to oversee the winding down of the firm which is due to start as early as today (26 September). The committee is chaired by New York bankruptcy partner Peter Benvenutti and also features debt finance specialist Lynne Loacker, a partner in the firm’s Venture Law Group and a […]

Linklaters expands PwC team stateside

Linklaters has finalised its 20-strong US team advising PricewaterhouseCoopers on the Lehman Brothers bankruptcy. New York-based partner Larry Byrne and head of US restructuring and insolvency group, Martin Flics are leading the seven-partner and 14-associate team. Byrne and Flics have been joined by fellow New York partners Adam Glass in structured finance, bankruptcy specialist Mary […]

Ward Hadaway to cut 30 jobs, delay training contracts

Ward Hadaway to cut 30 jobs, delay training contracts” />North East firm Ward Hadaway will make up to 30 job redundancies, and has deferred the training contracts of two of its 12 trainees by a year. It is understood that the majority of job cuts are to be made to non-fee earning staff in the […]

Lehman Brothers: A catalyst for London litigation

Much has been written over recent months about the prospects for a wave of credit crunch related litigation in London similar to that experienced in the US. To date that wave has not materialized, but the reasons for this are debatable. Our experience is that clients have until now largely been focused on reducing their […]

Links, Cleary Gottlieb get fourth Wall St mandates

Linklaters and Cleary Gottlieb Hamilton & Steen have each bagged their fourth major instruction in relation to the fall-out on Wall Street. Cleary Gottlieb get fourth Wall St mandates” />Linklaters and Cleary Gottlieb Steen & Hamilton have each bagged their fourth major instruction in relation to the fall-out on Wall Street. Linklaters and Cleary have […]

Fountain Court signs up Bar Council chairman

Bar Council chairman Timothy Dutton QC is set to become Fountain Court Chambers new head of chambers, replacing Michael Brindle QC. Dutton, who was called to the Bar in 1979 and took silk in 1998, will assume his new role on 1 October when Brindle’s five-year term ends after standing unopposed. Brindle will remain at […]

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