29 September 2008

Gibson Dunn on bailout plan: act now

President Bush today (Friday 3 October) signed a historic bill aimed at bailing out ailing US financial institutions and providing assistance to financially stretched homeowners. The $700bn financial rescue package was approved earlier today by the US Congress less than a week after a previous version had been rejected. Gibson Dunn & Crutcher was among […]

19

Barclays, HBOS face £850m law suit

Barclays and HBOS are about to be hit by mortgage litigation costing a possible £850m, following changes to the rules on consumer loans. Hilary Messer, a partner at South East firm RWP Solicitors, is drawing up plans to sue the two major banks on behalf of the 8,500 people who took out zero interest housing […]

5

CMS reviews real estate jobs

CMS Cameron McKenna is drawing up plans to send lawyers in recession-hit practice groups to its offices in Central and Eastern Europe (CEE). CMS reviews real estate jobs” />CMS Cameron McKenna is reviewing corporate jobs and drawing up plans to send lawyers in recession-hit practice groups to its offices in Central and Eastern Europe (CEE). […]

A&O, Shearman to merge?

A&O, Shearman to merge?03 October 2008 Allen & Overy in talks with Shearman & Sterling? We’re only asking.The rumours in New York are beginning to mount. Allen & Overy in talks with Shearman & Sterling? We’re only asking. The rumours in New York are beginning to mount. Shearman sources deny it, though another source close […]

3

Three partners quit Hammonds

Three partners have resigned from Hammonds after the firm’s partnership lock in for this year expired at the end of September. Manchester corporate finance partner Gregg Davison is set to leave Hammonds for Pinsent Masons, while Leeds pensions partner Terry Saeedi is still negotiating her leaving terms. Birmingham dispute resolution partner Ann Benzimra has resigned […]

Mayer Brown grabs final Northern Rock mandate

Mayer Brown grabs final Northern Rock mandate” />Mayer Brown has won the last major role up for grabs on the Northern Rock saga, with litigation partner Clare Canning advising the valuer of the bank’s compensation scheme. Canning, who gave up her role as Barlow Lyde & Gilbert’s commercial litigation head to join Mayer Brown last […]

9

Speaking your language

The SRA’s Liz McNaulty is right when she says that many straight-A students can’t write properly these days, says BPP Law School chief Peter Crisp – and it matters. Words are the dominant and most powerful tool of the trade for a lawyer. The ability to articulate an argument, draft a pleading or write an […]

Blake Lapthorn to axe 43 staff

Blake Lapthorn is to cut up to 43 jobs in London and the South-East. Blake Lapthorn is to cut up to 43 jobs in London and the South-East. Blake Lapthorn senior partner Jonathan Lloyd-Jones said the consultation would impact “on a number of areas, ranging from business support through to our legal teams.” “Over many […]

Pillsbury raids Thelen a second time in three days

Pillsbury Winthrop Shaw Pittman has rapidly followed up its raid on Thelen’s China practice (www.thelawyer.com, 29 September) with the hire of two more of the firm’s lawyers. Michael Jaffe and Ronan McHugh, two Thelen construction litigators joined Pillsbury’s Washington, DC office today (1 October) as partner and counsel respectively. “Michael and Ronan bring top-tier construction […]

David Ryan re-elected as Pinsents chief

Pinsent Masons has re-elected David Ryan as managing partner. Pinsent Masons has re-elected David Ryan as managing partner. Ryan won an uncontested election and will serve a further four year term from March 2009. Ryan has occupied the managing partner role since 1999, when he ran Pinsent Curtis. In 2001 Pinsent Curtis and Biddle merged, […]

2

Brabners scores £30m West Ham appeal role

Brabners Chaffe Street has bagged a lead role acting for West Ham United on the club’s appeal against a £30m pay-out to Sheffield United. The firm’s head of sport, Maurice Watkins, is leading the team. West Ham appointed Brabners to take over from Travers Smith, who had previously been acting for the club on the […]

1

Firms line up for MFI rescue

Ashurst, Salans, SJ Berwin and Speechly Bircham have been handed leading roles in the rescue of troubled kitchen retailer MFI with an 11th hour management buyout. MFI’s management, advised by Speechly Bircham partner Andrew Clarke, has taken control of the company with financial backing from private equity house Merchant Equity Partners (MEP) after a weekend […]

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