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COVID-19 has put many businesses in a difficult financial situation

Although the Government recognised this by pushing the Corporate Insolvency and Governance Act 2020 through Parliament to try and stem the inevitable wave of insolvencies, directors and owners cannot afford to take their eyes off the ball for a second.

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Law Society names firms on intervention panel

Eversheds, Hammonds and Hill Dickinson are among 25 firms picked as part of the Law Society’s new panel of intervention agents that will help wind up solicitors’ practices that have been closed down for disciplinary reasons. The agents have been selected following a competitive tender process resulting in new appointments for several firms. Eversheds, Blake […]

Lovells loses another partner in London

Jones Day’s City arm has raided Lovells for a employment partner Mark Taylor. Taylor, who joined Lovells as a senior associate from the now defunct firm Garretts in 2000 and became a partner in 2002, resigned earlier this month. His departure leaves Lovells with four employment partners in London. Lovells’ managing partner David Harris said: […]

Cravath and Cadwalader snare key roles on $16.6bn Johnson & Johnson deal

New York firms Cravath Swaine & Moore and Cadwalader Wickersham & Taft have both grabbed the top roles on Johnson & Johnson’s $16.6bn acquisition of Pfizer Consumer Healthcare. Cravath partner George Schoen said old connections helped the firm win its role: “Johnson & Johnson is a long term client of Cravath. It’s a carve-out business […]

People

Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. Hampshire firm Warner Goodman & Streat’s commercial arm, Warnergoodman Commercial, has promoted Steve Grant to associate level. US firm Akin Gump Strauss Hauer & Feld has appointed David D’Urso as a partner in its New York private equity […]

Freshfields to ditch all-equity partnership

Freshfields Bruckhaus Deringer’s partners have voted in favour of introducing salaried partners across all of the magic circle firm’s offices. The voting concluded earlier today (28 June) with the majority of Freshfields partners voting in favour of radical plans to abolish the firm’s cherished all-equity partnership. Freshfields’ partnership council approved the plans to create fixed-share […]

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