Latest Briefings


Hammonds star puts trio of football deals in the net

Hammonds has won a hat trick of contract deals for football clubs, including advising Manchester City on the sacking of manager Sven-Goran Eriksson. Corporate partner David Hull has worked on three deals since the season ended. He also acted for Manchester City on the hire of new executive chairman Garry Cook, who was formerly a […]


Olswang backtracks on NQ pay freeze

Olswang has backtracked on its decision not to raise its newly qualified (NQ) salary band, having announced last month that NQ pay would be frozen at last year’s levels

Cripps bucks trend with growth acceleration

Tunbridge Wells firm Cripps Harries Hall has posted a muted financial performance for 2007-8 although growth picked up in the second half of the year. Over the 12 months, turnover increased by 8 per cent to £19m while net profits rose 6 per cent to £5.2m. The firm’s average profit per equity partner (PEP) figure […]

Cadwalader names new financial restructuring chief

Cadwalader Wickersham & Taft has appointed Deryck Palmer as co-chairman of the firm’s financial restructuring department. The firm announced today (10 June) that Palmer, formerly a partner at Weil Gotshal & Manges who joined Cadwalader in 2007, is to join Bruce Zirinsky in managing the 65-member team of lawyers. “Deryck has all of the qualities […]


Debt buybacks row rages, LMA to negotiate

US AND magic circle partners are continuing to debate the issue of debt buybacks as the Loan Market Association (LMA) prepares to amend its documentation. The LMA said it will amend its primary facility agreements to provide options for the lender and borrower to negotiate whether debt buybacks should be permitted. The association says buybacks […]

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