Cleary Gottlieb makes fourth raid on Linklaters

Cleary Gottlieb makes fourth raid on Linklaters” />Cleary Gottlieb Steen & Hamilton has plucked a fourth Linklaters lateral, this time from its London derivatives and structured products group.

The resignation of Simon Ovenden, a partner with Linklaters since 1997, was announced within the magic circle firm last Tuesday (18 May), when senior partner Anthony Cann confirmed in an internal memo that the lawyer had “decided to retire from the partnership”.

During his time with Linklaters, Ovenden has worked at the firm’s Hong Kong and Moscow offices. He will join former Linklaters tax partner Nikhil Mehta, who joined Cleary Gottlieb’s London office in 2002.

In Germany late last year, Cleary Gottlieb recruited Linklaters antitrust star Dirk Schroeder to open a Cologne office. He was joined by Linklaters junior partner Romina Polley.

The derivatives and structured products group, where Ovenden practices, is one of three divisions under Linklaters’ capital markets umbrella, which also covers mainstream debt and equity as well as structured finance.

Nick Eastwell, head of global capital markets at Linklaters, said: “Simon has decided that he wants to go back to being a general finance lawyer.”

Cleary Gottlieb was unavailable for comment.