Ashurst has grown its government and public sector capability with two partner hires from Norton Rose Fulbright and HWL Ebsworth. Norton Rose dispute resolution partner Melanie McKean and HWL Ebsworth TMT partner Angela Summersby will join the firm’s Canberra office.
The Ince Group improved its net debt and reshuffled its management team, according to the firm’s half-year results, with plans to keep salary reductions until the end of the financial year. Net debt decreased from £9m in March 2020 to £8.3m after it paid a deferred consideration of £4.9m. Revenue went up 6 per cent […]
Telecoms giant BT has injected more than £2.7m into the launch of a new legal hub in Northern Ireland. The hub, which will provide corporate customers with legal support, is set to house around 30 new commercial lawyer roles in Belfast over a four-year period. The move is believed to be contributing, in the long […]
Freshfields Bruckhaus Deringer and Kirkland & Ellis are continuing to advise Debenhams and its lenders, in another torrid day for the UK’s High Street retailers. Freshfields global restructuring and insolvency head Ken Baird is the lead partner advising Debenhams alongside partner Lindsay Hingston, with Craig Montgomery leading on the litigation side. Debenhams is now set […]
Linklaters has overhauled how it distributes its profits to partners, The Lawyer has learned, marking another shift as firms increasingly review ways of operating after the pandemic. The partnership at the magic circle firm has passed through a change in the frequency of its profit distributions that will switch to once every two months instead […]
Update: Deloitte was appointed as administrators on Monday evening, with Freshfields and Brown Rudnick both set to advise on the next steps. Arcadia has declined a £50m lifeline loan from Frasers Group, as Philip Green’s retail empire – advised by Freshfields Bruckhaus Deringer – continues crunch talks over its future. Freshfields’ restructuring partners Neil Golding […]
Kirkland & Ellis has lost a finance partner to Ropes & Gray, as the latter looks to build out its capabilities for private capital clients. Partner Samuel Norris is set to join the US rival after spending most of his career at Kirkland. As part of his practice, he advises financial sponsors on private equity […]