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A&O, CMS and Freshfields land mandates on £696m UK nuclear sale

Allen & Overy (A&O) advised Hitachi on its £696m purchase of Horizon Nuclear Power, with CMS Cameron McKenna, Clifford Chance and Freshfields Bruckhaus Deringer all scoring roles on the sell side. Japanese energy and engineering company Hitachi has agreed to buy Britain’s Horizon nuclear project from E.ON and RWE, which established the joint venture in […]

Nick Pryor
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‘A real concern’ over Jackson, says BLP

Sir Rupert Jackson’s final report into civil litigation costs ran to nearly 600 pages, plus appendices.  His proposal for “a coherent package of interlocking reforms” was bold, and the principles themselves commendable. Undoubtedly the bodies responsible for implementation, overseen by the Judicial Steering Group, are working incredibly hard to meet the April 2013 deadline. But […]

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Cooke Young & Keidan wins right to take Barclays Libor claims to High Court

Clifford Chance has failed in its attempt to have Libor rate-fixing claims against banking giant Barclays thrown out, setting the stage for what is one the most hotly anticipated banking disputes to spin out of the recession. Clifford Chance partner Ian Moulding instructed 3 Verulam Buildings’ Adrian Beltrami QC to lead defence of the case, […]

Pedro Aguiar de Freitas

From darkness into light

A big corruption case in Brazil is raising the profile of the justice system – and respect for the rule of law The 1980s was a lost decade for Brazil and several other Latin American countries. It was a period of high unemployment, the IMF code of conduct, fiscal austerity, recession and public demonstrations. Sound […]

Scourge of the external advisers

If in-house cost-cutting king Nick Deeming joins one of your client companies, good luck They called RBS chief Fred Goodwin ‘Fred the Shred’ because of his reputation for ruthless cost-saving, but the world of in-house lawyers seems to have its own version of an expert in fast turnarounds and waste-slashing in the form of Nick […]

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