Simpson Millar axes 91 roles after prolonged redundancy consultation
A protracted redundancy consultation for regional firm Simpson Millar has concluded with the firm cutting an initial 91 positions with a further six still under consultation.
Khaitan & Co advises DST Global in relation to Apoletto’s investment of $50m in Udaan
Khaitan & Co advised DST Global in relation to Apoletto Limited’s Series B investment of USD 50 million in Udaan, an online B2B marketplace. DST Global is an investment company that funds late-stage ventures in the global internet industry. The core transaction team included Sharad Moudgal (Partner), Sanjay Khan Nagra (Senior Associate) and B N Vivek (Associate) who advised on the Corporate aspects with assistance from Vinita Krishnan (Associate Director) and Sneh Shah (Associate)on tax […]
William Fry advises on sale of Standard Life Aberdeen’s insurance business
William Fry is advising Phoenix Group on the Irish aspects of its £3bn acquisition of Standard Life Aberdeen’s insurance business. The sale will mark Standard Life Aberdeen’s exit from its insurance roots and is a significant transaction in the international insurance sector. The William Fry team acting on the transaction is being led by Corporate Partner Eavan Saunders and […]
Macfarlanes partner defects to Reed Smith in rare exit for firm
Macfarlanes investment fund finance head Bronwen Jones is leaving the firm for Reed Smith.
Generation games and avoiding family disputes
Ogier in Luxembourg advises Echo Energy on £20m bond issue
Ogier has provided Luxembourg advice to Echo Energy plc (Echo Energy) on the raising of £20m through an issue of bonds listed on the Luxembourg Stock Exchange Euro MTF Market. Echo Energy plc is a London listed Latin American focused mid-cap oil and gas company pursuing a high value piped onshore gas strategy across South […]
Ogier helps Global Infrastructure Partners with sale of London City Airport
Ogier in Jersey has assisted Slaughter and May in advising US infrastructure investor Global Infrastructure Partners on its sale of London City Airport to a consortium of buyers comprising Ontario Teachers’ Pensions Plan Board, Alberta Investment Management Corporation, Borealis Infrastructure and Wren House Infrastructure. Commenting on the deal Matthew Shaxson said: “We are delighted to […]
Ogier advises Knight Frank on launch of its first investment fund
Ogier’s Jersey office has advised real estate investment manager Knight Frank Investment Management (KFIM) on the launch of its first investment fund.
Ogier welcomes news that Guernsey and Jersey to be placed on Italy’s ‘white lists’
Ogier partner Marcus Leese has welcomed news from Italy that Guernsey and Jersey are no longer on any Italian ‘black lists’ and will be included on Italy’s ‘white lists’ from early 2016. Among other benefits, it is anticipated that this will enable Italian resident investors to invest into Guernsey and Jersey domiciled structures including the […]
Simpson Millar axes 91 roles after prolonged redundancy consultation
A protracted redundancy consultation for regional firm Simpson Millar has concluded with the firm cutting an initial 91 positions with a further six still under consultation.
Khaitan & Co advises DST Global in relation to Apoletto’s investment of $50m in Udaan
Khaitan & Co advised DST Global in relation to Apoletto Limited’s Series B investment of USD 50 million in Udaan, an online B2B marketplace. DST Global is an investment company that funds late-stage ventures in the global internet industry. The core transaction team included Sharad Moudgal (Partner), Sanjay Khan Nagra (Senior Associate) and B N Vivek (Associate) who advised on the Corporate aspects with assistance from Vinita Krishnan (Associate Director) and Sneh Shah (Associate)on tax […]
William Fry advises on sale of Standard Life Aberdeen’s insurance business
William Fry is advising Phoenix Group on the Irish aspects of its £3bn acquisition of Standard Life Aberdeen’s insurance business. The sale will mark Standard Life Aberdeen’s exit from its insurance roots and is a significant transaction in the international insurance sector. The William Fry team acting on the transaction is being led by Corporate Partner Eavan Saunders and […]
Macfarlanes partner defects to Reed Smith in rare exit for firm
Macfarlanes investment fund finance head Bronwen Jones is leaving the firm for Reed Smith.
Khaitan & Co advised Birlasoft (India) on restructuring
Khaitan & Co advised Birlasoft (India) Limited and its Promoters – National Engineering Industries Limited and Central India Industries Limited in relation to the overall transaction, including the following: – Open offer by promoters of KPIT Technologies Limited (KPIT) and Birlasoft to KPIT’s public shareholders for acquiring up to 26% of KPIT’s share capital – Merger of Birlasoft into KPIT; […]
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Gender pay gap: the legal profession’s full results
With gender pay gap reporting now complete, where does your firm sit in the grand scheme of things? The full results are in the interactive table below.
Homes England ramps up panel advisers in latest review
Homes England (formerly known as the Homes and Communities Agency) has completed its panel review, adding five firms to its £30m roster. A total of thirteen firms have been appointed the Government housing investment authority’s panel, with firms allocated into two lots. Bryan Cave Leighton Paisner, Eversheds Sutherland and Pinsent Masons, which have been on the panel […]
Barclays launches legal tech incubator with magic circle backing
Barclays is launching a legal technology incubator programme in collaboration with law firms including Allen & Overy (A&O), Clifford Chance, Clyde & Co and Simmons & Simmons, as well as PwC, The Law Society and Legal Geek. Participants of the programme will get access to a hundred-seat co-working space, mentoring, and workshops. Barclays general counsel […]
Shearman set to follow US rivals with South Korea launch
Shearman & Sterling is edging towards a launch in South Korea with plans to open in Seoul by the end of the year, The Lawyer understands. The US firm is understood to be awaiting regulatory approval to launch in the region, which could take up to several months. The office would be the third to […]
Addleshaws hunts for formal associations in new Middle East strategy
Addleshaw Goddard has kickstarted a new three-year strategy for its Middle Eastern arm, aiming to have 70 staff across the region as well as breaking into Saudi Arabia. Led by its head of Gulf Cooperation Council (GCC) Andrew Greaves, the firm will now look to build out of its three existing offices having launched in […]
Eversheds Sutherland Asia TMT head joins K&L Gates
Eversheds Sutherland‘s Asia head of technology, media and telecommunications (TMT) has left the firm’s Hong Kong office for K&L Gates. Nigel Stamp is joining the US firm as a partner after nearly seven years at Eversheds. He previously headed Morrison & Foerster’s China TMT practice, which he joined in 2006 from Clifford Chance. At K&L […]