26 May 2003

Frankfurt court refuses to make preliminary ruling in Wella row

The Higher Regional Court in Frankfurt has declined to make a preliminary ruling in the high-profile Wella case. US hedge fund Elliot Associates, represented by Dechert’s fledgling Frankfurt office, is contesting financial regulator BaFin’s decision on the share price in Procter & Gamble’s Wella takeover.Elliot Associates, which holds non-voting preference shares, claims that it has […]

Covington hire boosts life sciences team

Covington & Burling’s London office has bolstered its life sciences practice by recruiting a regulatory specialist from Lovells.Gabrielle Turner joins Covington as special counsel, becoming part of its eight-strong team in London, which is headed up by Richard Kingham, who splits his time between the UK and Washington. There are around 40 lawyers dedicated to […]

Frankfurt court refuses to make preliminary ruling in Wella row

The Higher Regional Court in Frankfurt has declined to make a preliminary ruling in the high-profile Wella case. US hedge fund Elliot Associates, represented by Dechert’s fledgling Frankfurt office, is contesting financial regulator BaFin’s decision on the share price in Procter & Gamble’s Wella takeover.Elliot Associates, which holds non-voting preference shares, claims that it has […]

Brodies hikes turnover by sixteen per cent

Scottish firm Brodies has reported a16 per cent rise in turnover. The firm recorded a total fee income of £14.6m in the last financial year. The growth is attributed to significant instructions in Scotland received over the past year, including advising the Strategic Rail Authority on the reletting of the ScotRail franchise, acting for the […]

Burges Salmon hooks up with Serco on Merseyrail project

Burges Salmon has won leading engineering outsourcer Serco as a new client on the back of its fledgling relationship with Dutch national rail operator NedRailways. The Bristol-based firm advised a joint venture between the two companies on their successful bid for Merseyrail Electrics, having advised NedRailways on an earlier franchise bid. The deal means that […]

Maclay boosts London with Boodle corporate head

Scottish firm Maclay Murray & Spens has bolstered its London-based corporate practice with the appointment of the head of Boodle Hatfield’s corporate department Jonathan Brooks.Brooks specialises in a wide range of work for private companies and joint ventures with particular focus in the healthcare, financial services, computer software and e-commerce sectors. A significant part of […]

Winston & Strawn launches in London

Chicago’s Winston & Strawn has finally made the leap into London after taking on two partners from Morgan Lewis & Bockius to open a local office. As predicted by The Lawyer (October 21, 2002), the firm’s UK base will focus on corporate and transactional work. US-qualified partner Thomas Benz has experience in securities, while UK-qualified […]

Watford FC substitutes Eversheds for Mishcons in Vialli battle

Watford Football Club has ditched Eversheds for Mishcon de Reya to fight the £2m claim brought by its former coach Gianluca Vialli.The case has been passed to Mishcons’ respected employment and media lawyer James Libson, who successfully defended Penguin against historian David Irving’s defamation claims. Libson and Mishcons senior assistant Daniel Naftalin, who is the […]

Dechert scoops 2003’s first UK biotech IPO

Dechert has advised on the first biotech IPO to get away in the UK this year. London partner David Vogel led the team that advised Yesterday BioProgress plc on its admission to AIM. The company’s subsidiary BioProgress Technology International Inc was previously listed on the US’s Over the Counter Bulletin Board, but as part of […]

City private equity firms scramble for pole position with Apax

Top private equity firm Apax Partners is considering setting up its first ever legal panel, which could see key advisers left out in the cold. Sources say Allen & Overy (A&O), Ashurst Morris Crisp, Clifford Chance, Freshfields Bruckhaus Deringer and Travers Smith Braithwaite are the frontrunners to win a place if the move goes ahead. […]

Seddon returns to DLA as Edinburgh head

DLA has re-hired former Birmingham managing partner Nick Seddon from computer games developer Kaboom Studios to head up the firm’s Edinburgh office. Seddon replaces Michael Collins, who is taking over as office managing partner in Glasgow. Collins in turn replaces Gordon Hollerin who will return to fee-earning work. DLA is still aiming to further grow […]

Macfarlanes helps Cordiant to fight off Cerberus bid

Macfarlanes has come to the aid of longstanding client Cordiant Communications, the advertising group that was plunged into crisis when one of its key clients, Allied Domecq, withdrew its account. Cordiant is under attack from US hedge fund Cerberus Capital Management and is now said to be looking for white knights. Cerberus, which specialises in […]

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