US and the Americas

Updates and analysis from The Lawyer covering law firms from the US and the Americas.

News

Washington DC

Crowell to add Squires’ Washington team ahead of Doha move

Crowell & Moring is to launch a second raid on Squire Patton Boggs, bringing over a four-lawyer team in Washington. Having poached a nine-lawyer team in Doha, Crowell is also set to add three more partners from Squires; litigation partner Michael Guiffré, infrastructure partner Robert Hager, and construction and commercial disputes partner Meagan Bachman. A senior […]

Deals round-up: The Hut Group IPO, AVEVA’s mega-merger and London hospitals sale

Clifford Chance and Gibson Dunn are leading on The Hut Group’s planned £4.5bn IPO. Having benefited from an online shopping boom during lockdowns, it is potentially the biggest listing of a British company since 2013 and the first major London IPO since Covid-19 broke out. The digital consumer brands retailer will announce its plan to […]

Airbnb

Latham advises on Airbnb IPO filing

US firm Latham & Watkins will take on legal duties as rental company Airbnb has filed confidential IPO paperwork with the Securities and Exchange Commission. No details are available yet on the specifics around the public offering. Share price and the shares that are going to be offered will be announced at a later stage. […]

Oil rig

A&O and Dentons clash in $80m battle between Puerto Rican bank and oil giant

A High Court scrap between the Bank of San Juan Internacional (BSJ) and Venezuela’s state-owned Petroleos de Venezuela (PDVSA) is ongoing after Mr Justice Foxton adjourned Allen & Overy’s bid for summary judgment. This occurred during a hearing that took place at the end of last month, during which time Dentons came on record for […]

Utah Salt Lake City

Dentons ramps up “Project Golden Spike” with Utah combination

As it seeks to assert itself deeper in the US market, Dentons has announced a tie-up with Utah-based Durham Jones & Pinegar. Dentons becomes the first global firm to lay down roots in Utah through the proposed combination with Salt Lake City headquartered Durham Jones & Pinegar. The moves comes as the latest step in its “Project […]

London

Latham brushes off coronavirus concerns with pledge to attack London disputes market

With many UK firms still hitting the brake pedal in terms of hiring, their US counterparts are ramping up efforts to impose themselves further on London’s litigation scene, as noted by The Lawyer’s Global Litigation 50. As well as taking a retrospective look at hikes in headcount over the past 12 months, the report details […]

Analysis

Silicon Valley

Four reasons why Freshfields’ Silicon Valley launch affects the City

For a UK-headquartered firm, launching in Northern California is high-risk and high-impact. Unimaginably, a firm from the magic circle – that supposedly fragile, fading band – has opened its doors with seven senior lawyers, having lured not only prominent capital markets partner Sarah Solum from Davis Polk, but at the same time Boris Feldman, a […]

Featured Briefings

First Cypriot citizen to be extradited to the United States

The Republic of Cyprus extradites its first citizen to the United States. On 23/01/2020 the Supreme Court has decided for the first time the extradition of a national of the Republic of Cyprus to the United States to face charges of wire and computer fraud, identity theft and extortion. On 17/07/2020 he became the first ever person to be extradited from Cyprus to the United States, where he will appear before the Courts in the Northern District of Georgia.

EU-US Privacy Shield for data transfers ruled as invalid

The Office of the Data Protection Authority in Guernsey (ODPA) has warned companies in the Bailiwick to be aware of the recent Court of Justice of the European Union (CJEU) judgment which affects all businesses who transfer personal data outside of the Bailiwick and the European Union (EU).

#freefortnite: new platforms, old problems

Epic wants to pay a lower commission. Apple and Google do not do without the 30%. The problem is that, on these matters, the EU competition authorities have avoided intervening.

Schrems II: Your questions answered

Recently we hosted a webinar delving into the recent Schrems II judgment of the Court of Justice of the European Union (CJEU). Perhaps unsurprisingly, there were many questions from attendees.

Mid-Atlantic appeal: Finetuning Jersey LLCs for US alternative investment funds

Jersey’s new LLC structure is mainly aimed at the US market, particularly for alternative investment and hedge funds, and its introduction by the Jersey Government is part of a deliberate US-focussed strategy intended to position Jersey as a suitable entrepôt for American investment into European assets, building on the nearly £200 billion of US assets already administered in Jersey.

Privacy Shield invalidated: what this means for your data flows to the US

Last Thursday the Court of Justice of the European Union (CJEU) invalidated Privacy Shield, the EU-US agreement that allows unrestricted transfers of personal data from the EU to over 5,000 certified organisations in the US. Raj Shah looks at what the CJEU’s decision means for your business’s transfers of personal data from the UK or EU to the US.