8 October 2007

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Virgin choose A&O for Northern Rock

Allen & Overy (A&O) has landed another role on Northern Rock by advising the Virgin Group on its proposals to the beleaguered mortgage adviser. Virgin’s group general counsel Josh Bayliss confirmed to The Lawyer that the magic circle firm was advising the consortium led by Sir Richard Branson. Virgin this afternoon (12 October) made a […]

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Virgin choose A&O for Northern Rock

Allen & Overy (A&O) has landed another role on Northern Rock by advising the Virgin Group on its proposals to the beleaguered mortgage adviser. Virgin’s group general counsel Josh Bayliss confirmed to The Lawyer that the magic circle firm was advising the consortium led by Sir Richard Branson. Virgin this afternoon (12 October) made a […]

A week to remember

12-Oct 2007A week to remember Got that Friday feeling? You could do worse than wander down to Chancery Lane, home to Lewis Silkin, where we venture the champagne might be flowing freely. The firm has had a particularly good week. Not only did its employment team secure a landmark victory for Freshfields Bruckhaus Deringer in […]

Lovells advises on Pakistani Islamic loan

Lovells has scooped the mandate to advise the underwriters of an Islamic loan for a Pakistani energy plant. The firm advised Dubai Islamic Bank, Citi Islamic Investment Bank, Standard Chartered Bank, National Bank of Pakistan, Habib Bank and SAMBA Financial Group on the $150m (£73.61m) sharia compliant syndicated loan to fund the Engro Chemical plant. […]

Lovells advises on Pakistani Islamic loan

Lovells has scooped the mandate to advise the underwriters of an Islamic loan for a Pakistani energy plant. The firm advised Dubai Islamic Bank, Citi Islamic Investment Bank, Standard Chartered Bank, National Bank of Pakistan, Habib Bank and SAMBA Financial Group on the $150m (£73.61m) sharia compliant syndicated loan to fund the Engro Chemical plant. […]

Linklaters and Ogier get in on Northern Rock

Linklaters.jpg” alt=”Linklaters and Ogier get in on Northern Rock” />Linklaters and offshore firm Ogier are the latest names on a long roster of firms advising on the Northern Rock saga. Ogier is co-advising Northern Rock with Freshfields Bruckhaus Deringer, out of Ogier’s Guernsey office. Meanwhile, Linklaters is understood to have advised longstanding client Lloyds TSB, […]

BSB consults on diversity action plan

The Bar Standards Board (BSB) has launched a consultation into its Equality and Diversity Action Plan. The action plan sets outs the BSB’s proposed guidelines for promoting equality and diversity within the bar, including trying to get a more diverse cross-section of society to join as barristers. The plan identifies three core objectives, including working […]

DLA Piper hires CC lawyer in Hong Kong

DLA Piper has hired Clifford Chance senior associate William Harrison as a partner in its Asian insurance practice. Harrison will be based in Hong Kong and is to focus on financial lines and speciality insurance including directors’ and officers’ liability, professional indemnity, fidelity and product liability insurance. “The appointment is part of our expansion in […]

Bingham’s oriental excess

So, Bingham McCutchen. Two Japanese mergers in less than six months: has it gone crazy, we ask? Apparently not. In fact, not only has Bingham not gone international takeover mad, it’s also been planning its rampant Asian expansion for years. Way back in the mists of the 1990s, or 1997 to be exact, Bingham (then […]

Sallie Mae takes JC Flowers to court

The phoney war between Sallie Mae and JC Flowers came to an end last Monday (8 October) when the student lender filed a lawsuit in Delaware Chancery Court against the private equity house and its buyer group. As reported last Monday (1 October), Flowers’ $25bn buyout of SLM, known to everybody as Sallie Mae, looked […]

Firms celebrate completion of RBS-ABN

The Royal Bank of Scotland’s (RBS) €71bn acquisition of Dutch bank ABN Amro has been declared unconditional, making history with one of the largest ever bank takeovers. The RBS consortium, consisting of Belgo Dutch Fortis Bank and Spanish Banco Santander, beat Barclays, which made its original £80bn bid for the bank in March this year. […]

Malaysia and Singapore’s finest unite to form South East Asia powerhouse

Malaysia’s largest law firm, Zaid Ibrahim and Co has formed a strategic alliance with Allen & Gledhill, Singapore’s largest law firm. The alliance, which is to commence on January 2008, is to allow the firms to better tap into the South East Asian markets and is to have a specific focus on Indonesia, Vietnam and […]

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