New York

A&O’s NY finance practice dealt a blow as pair leave for Shearman

The co-heads of Allen & Overy’s leveraged finance practice in New York have left the magic circle for Shearman & Sterling. Alan Rockwell and Michael Chernick, who cover all areas of leveraged finance, including M&A and private equity LBO financings, are to make the move from A&O. Rockwell started his career at the Scottish firm […]

Allen & Overy

A&O scraps derivatives product amid regulatory delays

Allen & Overy (A&O) has ceased operations around its derivatives platform due to regulatory delays, meaning that Linklaters is now the only law firm with technology offering available in this area of the market. The online platform, called Margin Xchange, was launched in April 2018 by the magic circle firm to help banks, hedge funds […]