This is the ninth deal Weil Gotshal’s UK office has acted on for Nomura’s corporate finance department – not least due to the lead lawyer on the transaction, Stephen Lloyd, spending five months at the investment bank on secondment from the firm. Although Weil Gotshal’s US office has counted Nomura as a client for more than three years, it was through Lloyd’s connection that the UK branch was able to grab a piece of the pie. The principal areas the firm’s UK office has acted on revolve around the new economy areas of biotechnology and IT. However, it is not the sole adviser on deals of this nature since Nomura’s corporate finance department also calls on Ashurst Morris Crisp, Allen & Overy and Freshfields Bruckhaus Deringer as counsel. Successful deals for the US firm’s London office include acting for Nomura in its role as sponsor to Medisys’ placing and open offer to raise £45m.