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The latest legal news from The Lawyer, covering UK and international deals, disputes, lateral hires and updates on law firms and the Bar.

News

Interserve

Slaughters and Ashurst team up on Interserve’s rescue plan

Slaughter and May and Ashurst are leading for embattled contractor Interserve, which has revealed that it is seeking a recovery plan amid fears of a Carillion-style collapse. The rescue plan, which aims to scale back its £500m debt pile, will see the Reading-based outsourcer convert much of its debt into new shares, potentially handing control of the […]

London skyline

Kirkland prepares for leadership handover as firm names next chair

A Chicago corporate partner is to take the reins of Kirkland & Ellis, as the US firm preps for chairman Jeff Hammes’ leadership handover in February 2020. Private equity specialist Jon Ballis will step into the shoes of Hammes in two years time, bringing his 10-year tenure as chairman to an end. Ballis’ practice focuses on leveraged […]

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Ince’s London head to step down in favour of Gordon Dadds’ Biles

Ince & Co’s London head is to leave the firm after the completion of its merger with Gordon Dadds, just over a year after he was appointed to the leadership role. Formerly Ince’s director of HR, Andrew Jameson will leave the firm following its tie-up with AIM-listed Gordon Dadds. It is understood that the newly-merged […]

Ashurst and Freshfields face off in battle for British oil company

Ashurst, Freshfields Bruckhaus Deringer and K&L Gates are advising on the £608m hostile takeover offer of British oil and gas company Faroe Petroleum by a Norwegian rival. At the end of November, Norwegian company DNO ASA swooped in amid the slide in the price of oil to announce its firm intention to make an offer for Faroe Petroleum, […]

Scalpel

MoFo picks location for new London HQ

With the end of its lease approaching, Morrison & Foerster (MoFo) has signed up for several floors of The Scalpel building, one of the City’s latest developments. MoFo will fill a 36,500-sq ft of space spread between levels 22 and 25 of the new building as part of a 15-year contract. It is expected to […]

Insurance sale prompts Hill Dickinson fightback in promising H1 results

Hill Dickinson has posted a solid return to form in its half year results for 2018/19, generating £43.6m in turnover which was roughly 5.3 per cent over its £41.4m budget. The firm’s sale of its non-marine insurance business cast a large shadow last year, causing whole year revenues to dip below the £100m mark, though […]

Deals

Arsenal

Slaughters leads Arsenal in UK’s first battery powered stadium

Slaughter and May, Burges Salmon and Foot Anstey have advised in the world’s first football stadium battery at Arsenal’s Emirates Stadium, which will power the whole ground from kick-off to full time. Tucked in the basement of the stadium, the battery storage system (BSS), follows three years of development between Arsenal, developer Pivot Power and investment company […]

Macfarlanes and DLA Piper lead on sale of Soho “film row” building

Macfarlanes and DLA Piper are acting in the sale of a £55m building in the heart of Soho’s filmland. 141 Wardour Street, which stands on the corner of Wardour Street and Broadwick Street and is fully let to the Moving Picture Company, has been sold to commercial property investment manager Orchard Street. Macfarlanes has advised […]

San Francisco

Travers Smith and Cooley advise on Sir Martin Sorrell’s $150m ad agency purchase

Travers Smith and Cooley have led on the acquisition of San Francisco-based advertising firm Mightyhive by Sir Martin Sorrell’s S4 Capital, in a $150m deal that will consolidate the position of analytics and algorithms at the heart of the digital marketing business. The Lawyer has learned that S4 Capital was advised by a team from Travers Smith […]

Ted Baker

Ted Baker calls in City firm for investigation into founder

Following allegations of inappropriate behaviour against its founder, fashion brand Ted Baker has brought in a City litigation heavyweight to lead an investigation into the matter. The retailer has turned to Herbert Smith Freehills (HSF) for advice during an independent external investigation into the behaviour of Ray Kelvin. The firm will report into a committee comprised […]

Deliveroo

Deliveroo in the clear as High Court throws out employment claim

A High Court judicial review against food delivery company Deliveroo was dismissed today in a widely publicised battle over collective bargaining rights. The Honourable Mr Justice Supperstone sided with Deliveroo’s lawyers; Lewis Silkin partner Colin Leckey instructed 11KBW’s Chris Jeans QC and Tom Cross. Deliveroo is a regular client of Lewis Silkin’s, especially after the […]

Blackstone Chambers QC faces Lords suspension over sexual harassment claims

One of Blackstone Chambers’ longest serving members will appear before a hearing later this week after allegations of sexual harassment led an inquiry to recommend his suspension from the House of Lords until 2022. Lord Lester of Herne Hill QC will attend a hearing at the House on Thursday (15 November), which will rule on whether […]

barrister holds a wig, illustrates the successful QC appointments

Clifford Chance to track use of female Bar in diversity push

Clifford Chance global head of litigation & dispute resolution Matthew Newick has pledged to leverage data held within the disputes group in a diversity push to increase its use of the female Bar and unearth “hidden gems”. In a push to follow through on one of his earliest pledges after taking over from predecessor Jeremy […]

Global News

Hong Kong

Dentons adds Bird & Bird litigation team in Hong Kong

Dentons‘ Hong Kong office has hired a five-strong team from Bird & Bird to expand its litigation practice. The team joining Dentons is led by partner Richard Keady, who headed Birth & Bird’s international dispute resolution group in Asia Pacific, and consists of partner Robert Rhoda and three associates. Keady has spent the past 18 […]

Clifford Chance’s European refocus continues with third leadership change this year

With Britain’s exit from the European Union scheduled for four months to the day away, Clifford Chance’s refocus on Continental Europe has continued with its third leadership change of 2018. The firm has appointed new co-managing partners for its Amsterdam office. Global head of innovation and business change Bas Boris Visser and Amsterdam head of financial […]

Hong Kong

Simmons joins flurry of firms in Hong Kong office move

Simmons & Simmons is the latest international firm to move out of Hong Kong’s central business district in a bid to achieve significant financial savings, as it has taken on a new lease in the island’s new business hub in Quarry Bay. Simmons & Simmons’ Hong Kong office, which is currently located in Admiralty, will […]

Freshfields Frankfurt office searched again in tax probe

Freshfields Bruckhaus Deringer has been subject to a second raid by German prosecutors in just over a year, as part of an ongoing investigation into tax deals involving financial institutions. A large number of banks are being investigated in Germany over “cum-ex” deals, or alleged tax-driven share transactions. “Cum-ex” trading was prohibited in Germany in 2012, with […]

Global Features

Fieldfisher

Fieldfisher hires from Orrick to boost energy practice

Orrick partner Matthew Williams is to join Fieldfisher, where he will co-head the firm’s energy and natural resources practice. Williams spent over three years at Orrick, where he co-headed the firm’s energy practice in Europe. He was previously a partner at Hogan Lovells, which he joined in 2011 following an in-house counsel stint at National […]

Bates Wells lures Penningtons team to boost regulatory group

Penningtons Manches’ professional regulation team has moved over to Bates Wells (formerly Bates Wells Braithwaite) in a move that sees four lawyers switch over to the City firm. The team is led by partner Nicole Curtis, who was called to the Bar in 1992. She joined Penningtons in 2003 and became a partner in 2010, […]

Shard

Ropes real estate duo decamp for Greenberg Traurig

Ropes & Gray partners Partha Pal and Carol Hopper are to join Greenberg Traurig’s London office, The Lawyer can reveal, where they will join the firm’s real estate team. Pal spent three years at Ropes after a short stint at Chadbourne & Parke and sixteen years in the London, New York and Singapore offices of […]

London

White & Case’s City rampage continues with finance hire

White & Case has continued its hiring spree in the City, this time calling in Taylor Wessing’s financial services regulatory head Jonathan Rogers. This is the first US firm Rogers has worked at, having spent 10 years at Taylor Wessing, and seven years as an associate at Hogan Lovells before that. His practice specialises in […]

London

Squires former City chief parts ways with firm after leadership reshuffle

Squire Patton Boggs‘ former London managing partner is to leave the firm, months after it was revealed that the firm’s global head would be relocating from the US to the City. Litigator Robert Weekes stepped down from his leadership role in April, as Squires’ global managing partner Stephen Mahon relocated to London to take over. […]

Exit sign

Ex-Olswang real estate team leave CMS over “client conflict issues”

A team of 10 real estate lawyers from CMS Cameron McKenna Nabarro Olswang are defecting to City outfit Fladgate in one of the biggest team moves out of the firm since its merger. It was revealed last month that ex-Olswang partners Simon Kanter and Alan Karsberg were to join Fladgate, though it has now emerged […]

Exit sign

Simpson Thacher makes major infrastructure PE play with Clifford Chance hire

Clifford Chance infrastructure M&A star Amy Mahon is joining Simpson Thacher & Bartlett’s City office in yet another departure from the magic circle firm’s private equity group. Mahon’s exit follows that of Brendan Moylan to Latham & Watkins earlier this year, along with Allen & Overy infrastructure finance partner Conrad Andersen. After Moylan, Mahon was […]

Alison Levitt QC

Mishcon white collar star switches back to the Bar

Mishcon de Reya’s head of white collar crime and investigations Alison Levitt QC is moving out of private practice for a new role in the Bar. Levitt will resume her full-time practice as a Silk, having founded Mishcon’s white collar group in 2014 when she joined from the Office of Public Prosecutions. She will join the […]

hire

DWF takes on Clydes reinsurance co-head ahead of IPO listing

In its biggest pre-listing lateral hire to date, DWF has brought in Clyde & Co partner and global co-head of reinsurance David Abbott. Abbott joined Clydes as part of the 2012 merger with Barlow Lyde & Gilbert having started work there in 1998. It is thought that he will not have to serve his full […]

Dubai

Reed Smith rebounds from Middle East setback with two hires

Reed Smith is beefing up its Middle East practice with two new hires, only one month after its regional managing partner exited to open HFW’s fifth Middle Eastern office. Commercial disputes partner Mahmoud Awad will join the firm’s Dubai and Abu Dhabi offices from Hadef & Partners, while Waseem Khokhar will take on a role […]

Simmons & Simmons

Freshfields partner moves over to Simmons’ CLO team

Simmons & Simmons has recruited Freshfields Bruckhaus Deringer partner James Grand to lead its practice focused on collateralised loan obligations (CLO). Grand has joined the structured finance and derivatives practice of the firm, having been promoted to partner at the magic circle firm in 2007. He joined Freshfields in 1995. His arrival follows Simmons’ expansion of […]

Latest Briefings

Supreme Court hands down judgment in S Franses v Cavendish Hotel case

By Kirsty Black, Lucy Shepherd A landlord can defeat a lease renewal on development grounds only where it intends to carry out the works whether or not the tenant is in occupation. The Supreme Court has handed down its eagerly-awaited judgment in S Franses Ltd v The Cavendish Hotel (London) Ltd, the facts of which we covered in our […]

No clear and consistent meaning of ‘highway’ in common law – Supreme Court

By Martin Thomas, Şenay Nihat, David Wigy The Supreme Court handed down judgment today in London Borough of Southwark and another v Transport for London [2018] UKSC 63 – finding that that there is no clear and consistent meaning of ‘highway’ in common law. Rather, the meaning of ‘highway’ depends on the context in which it is used, […]

Why all Guernsey homeowners need to make a will

By Alison Ricketts, Martyn Baudains Over the last ten years significant changes have been made to Guernsey’s laws of succession, the effects of which may be overlooked by some homeowners. Prior to 2008 if you were married with ‘legitimate’ children (children born during your marriage) and died without having made a will then your houses and land, […]

At-a-glance guide to Lasting Powers of Attorney

By Victoria Grogan, Simon Lofthouse, Fiona Lilleyman, Stephanie Button After a much-needed reform in the law, people in Jersey can now create Lasting Powers of Attorney (LPA) to record their decisions and intentions about their assets and care, so that if they lose mental capacity, their wishes will still be respected. Similar legislation has existed […]

Government’s call for evidence on the case for a dedicated Housing Court

By Karl Anders Housing Management & Litigation expert Karl Anders explains the Government’s call for evidence on the case for a dedicated Housing Court. Have your say by 22 January 2019. Call for Evidence: the case for a Housing Court The UK Government has publicised its commitment to ensuring that everyone, whether they rent or own their home, […]

Government plans for EEA nationals and their family members after Brexit

By David Smedley, Andrew Rayment, Shakeel Dad The Government has set out its plans for the future status of EEA nationals and their family members after Brexit. Our business immigration team can assist you with any queries. The Government plans to require EEA migrants and their family members to apply for settled status under a new process. The […]

Rights of EU nationals: Clarity provided in case of no-deal Brexit

By Fraser Vandal The government yesterday released a Policy Paper setting out its position on the right of EU nationals to remain in the UK in the event of a no-deal Brexit. In light of the continued political uncertainty, this will no doubt be welcome news for those that currently employ a significant number of […]

DPAs and associated guilt: How the recent SFO case collapsed

By Angela Craven After reporting restrictions were lifted, it was confirmed that the Serious Fraud Office’s (SFO) high profile fraud and false accounting trial against two former Tesco executives had collapsed after a submission of no case to answer by the individuals’ legal teams at the end of the prosecution case. The former executives faced […]

Dutch Supreme Court provides guidance on the scope of non-deductible costs in relation to the acquisition or disposal of a subsidiary

Costs incurred in relation to the acquisition or disposal of a participation in a subsidiary are treated as non-deductible ‘acquisition or disposal costs’ under the Dutch participation exemption. In a decision published on 7 December 2018, the Dutch Supreme Court has provided rules on how and when to determine which costs will qualify as acquisition […]

Luxembourg: Private equity – Third edition

By Marc Meyers, Jérôme Mullmaier, Maude Royer Private Equity provides a clear and comprehensive analysis of the key issues relating to private equity funds and deals in the key jurisdictions, providing an essential resource for legal counsel and investment professionals worldwide. The third edition is now expanded to cover more jurisdictions than before, including Luxembourg.

Capital markets round up: December 2018

By John Hamer, Debbie Jackson, Richard Naish,Daniel O’Gorman The second edition of Capital Markets Update- The monthly briefing from the Corporate Group at Walker Morris rounding up the month’s developments within the equity capital markets and looking ahead to next month

Jersey: Changing rights and responsibilities of landlords and tenants

By Katharine Marshall Letting out property in Jersey was once a strictly private affair between a landlord and a tenant but, for some tenants, this came at the risk of uncertainty, an uneven playing field and at worst exploitation. It is now more than five years since the first in a series of laws and regulations […]

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