Latest

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

Slaughter and May

Slaughters M&A: Last of the City big beasts set to bow out alongside Boardman

Weeks after the announcement of Nigel Boardman’s impending retirement next April, it can be revealed that another Slaughter and May stalwart is also due to hang up his boots this year. Corporate M&A partner William Underhill will bow of the firm this December after 28 years in the firm’s partnership. He joined the firm in […]

Bakers picks Florida for third business services centre

Baker McKenzie is set to open its third support centre in Florida as it kickstarts a business services overhaul. The service roles that will be based in Tampa, Florida, include legal services, finance, IT, knowledge management, operations, business development, marketing and communications, and talent. The new office is expected to employ 300 people and will […]

Bank card

Former Latham partner fills in as Monzo’s interim legal head

Digital bank Monzo has brought in a new senior interim head of legal as it ramps up recruitment efforts to fill the role permanently. Andrew Macklin, a former Latham & Watkins corporate lawyer in London, was brought in over the summer after leaving the US firm last year. Macklin was a partner at Latham for […]

news group

Clifford Chance client News Group settles latest batch of phone-hacking cases

News Group Newspapers (NGN) has settled the latest of its phone-hacking cases on its first day in court, reinforcing the company’s preference to draw a line under the claims throughout this high-profile litigation. The decision to settle brings one of The Lawyer’s Top 20 Cases of 2018 closer to a climax. Settlement fees for the dispute were thought […]

Golfing

DLA Piper and Addleshaws secure rescue buyout for American Golf

DLA Piper and Addleshaw Goddard have stepped in to rescue ailing retail giant American Golf from administration as it is purchased by private equity investor Endless. With its head office in Warrington, American Golf’s buyout was handled entirely in the firms’ regional bases. DLA Piper’s corporate restructuring partner Richard Obank and corporate insolvency partner Colin […]

Space

Dentons adds ten new start-ups to ‘Space Camp’

Ten start-ups have joined the second cohort of Dentons’ SpaceTech accelerator as the firm dives deep into a sector increasingly relevant to the UK economy. The cohort entered the firm’s London HQ in September and, over three months, will explore space tech applications under the guidance of “experts in residence” Justin Hill, TMT partner and […]

Deals

Exhibitions

Clifford Chance wins Blackstone mandate as it closes in on NEC deal

Clifford Chance, Kirkland & Ellis and Eversheds Sutherland have bumped shoulders in another beefy British business buyout, advising in Blackstone’s proposed £800m takeover of live events business NEC Group. Just one month ago, the trio worked on the record £1.5bn sale of Network Rail’s commercial estate to Blackstone Property Partners and Telereal Trillium. This time round Clifford Chance […]

White & Case brought in for Coast as retailer collapses

Three firms have been called in to advise on the restructuring of fashion retailer Coast, the latest in a long line of high street brands to fall into administration. The chain’s collapse will lead to the immediate closure of 24 stores and concessions across the UK, while around 600 staff will decamp to Karen Millen, […]

Apple phone

Magic circle duo advise as Apple nabs chip designer behind iPhone

Freshfields Bruckhaus Deringer and Linklaters are advising on negotiations surrounding Apple’s acquisition of the power management technology company behind the iPhone in a deal valued at $600m. The Lawyer understands that Apple was advised by a Freshfields team led by London-based corporate and M&A partner Natasha Good, while Dialog Semiconductor, the chip designer that is […]

Jenner & Block partner Paul Feldberg

K&L Gates white collar duo reunite at Jenner & Block

Building on its key hire of K&L Gates white-collar partner Christine Braamskamp earlier this year, Jenner & Block has taken its second partner from the US firm in a bid to build out in the City. Jenner & Block has hired London-based partner Paul Feldberg into Braamskamp’s team. Feldberg spent less than a year at K&L […]

lady justice

Lawyers’ efforts in vain as Tchenguiz abandons Grant Thornton battle

Property mogul Robert Tchenguiz has walked away from his lawsuit against accountancy firm Grant Thornton, three months after completely overhauling his legal line-up. Tchenguiz argued he was owed £1.6bn following the collapse of Icelandic bank Kaupthing and later alleged that Grant Thornton conspired to have the Serious Fraud Office investigate him to prevent him from […]

High Court

SFO and ENRC come to blows in latest court disagreement

A week after the SFO said it would not appeal the ENRC’s victory in a landmark legal privilege battle, the UK Government agency is continuing to spar with the mining company in a separate fight over how well it conducted its investigations.  The legal privilege battle was one of the most high-profile disputes to hit […]

Bankim Thanki QC, Fountain Court

Fountain Court announces new leadership as Moriarty QC bows out

Fountain Court Chambers’ Bankim Thanki QC has followed up his recent high-profile victories in the Court of Appeal by being named as the set’s new head. An extremely successful month for Thanki saw him play a significant role in high-profile cases for the Eurasian Natural Resources Corporation (ENRC) and Ukraine and has now been topped off […]

Global News

Hong Kong

Clydes sets out HK growth plans with two new joiners

Clyde & Co has reshuffled its international heads with its managing partner for Abu Dhabi moving over to take charge in Hong Kong. Abu Dhabi head Christopher Jobson will move over from the Middle East to Hong Kong, taking up a regional management role and sitting on the firm’s Asia Pacific management board. Jobson is […]

Düsseldorf

Dentons hires Taylor Wessing duo for Germany launch

Dentons is to open its fourth German office in the city of Düsseldorf, recruiting two partners from Taylor Wessing for the launch. Taylor Wessing’s former head of competition, EU and trade, Andreas Haak, will serve as managing partner of the new office. Alongside partner Jörg Karenfort (currently based in Dentons’ offices in Berlin and Brussels), Haak […]

Saudi Arabia

Clifford Chance and Bakers secure $5bn deal to create third largest Saudi bank

Clifford Chance and Baker McKenzie have advised in Saudi British Bank’s (SABB) $4.9bn takeover of Alawwal Bank, creating the third largest lender in the Kingdom. Clifford Chance  acted for SABB in Dubai, with a team led by M&A corporate partner Mohammed Al-Shukairy and senior associate Daniel Boyle. Bakers advised Saudi Arabian-listed bank Alawwal Bank alongside its association firm […]

Reed Smith in Middle East setback as regional head joins HFW

Reed Smith‘s Middle East strategy has taken a hit just three months after announcing a Pinsent Masons team hire, with the firm’s regional managing partner exiting to open HFW‘s fifth Middle Eastern office. HFW will open up a new office in Abu Dhabi; the hires of Reed Smith regional managing partner Vince Gordon and corporate […]

Quinn and Norton Rose face off in Ukraine-Russia bond battle

Quinn Emanuel Urquhart & Sullivan has secured victory for Ukraine in a long-running stand-off between the nation and Russia over the terms of a $3bn bond. The case was heard in the Court of Appeal last week, with the decision overturning a previous one made by the now-retired Mr Justice Blair – brother of former Prime […]

Global Features

Exit sign

White & Case pursues London capital markets growth with Kirkland hire

White & Case has snagged yet another partner for its London practice, this time from the global capital markets team at Kirkland & Ellis. Gilles Teerlinck joins the firm’s capital markets practice after almost six years at Kirkland, where he made partner in 2016. He previously spent three years at Linklaters, where he was a […]

Ince loses insurance chief amid merger talks

Ince & Co’s global head of insurance Joe O’Keeffe has departed for Stephenson Harwood, just two weeks after it was revealed that Ince had entered into merger talks with Gordon Dadds. Insurance partner O’Keeffe, who specialises in trade, shipping, yachts and superyachts, joined Ince in 1991 and was made partner in 2000. During his time at the firm, […]

Michael Bywell

Hausfeld makes first foray into TMT sector with disputes hire

Hausfeld has added its fifth commercial litigation partner, as the boutique continues to offer a broader range of capabilities alongside its sweet spot in competition disputes. The boutique has hired partner Michael Bywell from Arnold & Porter, who specialises in litigation across the TMT sector. He joined Arnold & Porter in 2016 prior to its […]

London

White & Case responds to Latham’s infra push with HSF hire

White & Case’s hiring spree in the City continues, with the US firm picking up Herbert Smith Freehills infrastructure finance partner Simon Caridia. Caridia joins from HSF, where he has been a partner since May 2015. He is the 13th partner to join White & Case laterally in London in 2018. Prior to HSF, Caridia was […]

moves, lateral hires and exits

Greenberg partner rejoins KWM colleagues at DLA Piper

DLA Piper has lured Greenberg Traurig tax partner Clive Jones away from the US firm, in a move that reunites him with his former King & Wood Mallesons colleagues. Jones opted to move to Greenberg Traurig at the end of 2016 as it became clear that KWM’s London arm was close to falling into administration. […]

Deepa Deb

Dentons grows London real estate with BCLP hire

London-based real estate partner Deepa Deb is swapping one merged firm for another, leaving Bryan Cave Leighton Paisner for Dentons. Deb, who was featured in The Lawyer’s Hot 100 in 2015 was at legacy BLP for 15 years before the merger with Bryan Cave this year. During her time there she acted as chair of the India group and led the BLP […]

Exit sign

Latham to lose corporate partner to Baker Botts

Baker Botts is set to snag a partner from Latham & Watkins‘ corporate finance practice, in the latest lateral move to be made by the US firm in the City. Latham partner Richard Brown is the second corporate partner that Baker Botts has set its sights on in the last few months, with David Ramm joining in September […]

London

Morgan Lewis continues City hiring spree with two new joiners

Morgan Lewis & Bockius has added two new technology partners to its London office, as its hiring spree in the capital continues. The US firm has brought on Pillsbury partner Mike Pierides and counsel Simon Lightman, who joins as a partner. Pierides will be a member of Morgan Lewis’ corporate practice, specialising in IT and […]

New York City

Kirkland ramps up New York recruitment with Davis Polk hire

Kirkland & Ellis has recruited corporate rising star Sophia Hudson in New York, luring her from fellow US firm Davis Polk & Wardwell. Hudson spent 12 years at Davis Polk, working within the capital markets group. She was made partner in 2014, alongside corporate partner Byron Rooney and London partner Reuven Young. At the time, Young was […]

DWF hit in Scotland by Shepherd & Wedderburn team hire

On the day that DWF announced it had broken into the US legal market, the firm’s Scottish practice has been dealt a blow with the loss of a nine-lawyer team to Shepherd & Wedderburn. Property and infrastructure partners Joanna Hamilton, Anthony McEwan and head of planning Moray Thomson will join the Scottish independent firm bringing […]

moves, lateral hires and exits

Fried Frank finally gets its man from Freshfields

Fried Frank Harris Shriver & Jacobson has finally sealed the hire of Freshfields Bruckhaus Deringer’s Ashar Qureshi, also handing a leadership role to the M&A partner. Qureshi will be joining the US firm’s City office as head of its EMEA transactions practice, specialising in equity and debt securities work as well as sovereign-related transactions. He joined the […]

Latest Briefings

Blog: Application for an inquest into Alfie Evans’ death is without merit

By Bridget Dolan QC R (Allman) v HM Senior Coroner for Liverpool and Wirral The short and desperately tragic life of Alfie Evans, and his parents’ heart-rending fight to have him transferred to Rome for continuation of his life sustaining treatment, has recently been fully played out in the public arena. The public hearings in the […]

Implications of a ‘no Brexit deal’ on business structuring, accounting and audit

By Alison Johnson As 29 March 2019 draws ever closer and Brexit withdrawal negotiations continue, the UK government has started to release a series of technical notices outlining the implications of a “no Brexit deal” on certain key topics and industries. Noting that changes in business structuring, accounting and audit will be of interest to […]

Mortgage portfolio transfers – How a stitch in time saves nine

By Abigail Hadfield Inadvertently failing to transfer the legal title to even a handful of mortgages following a portfolio acquisition can be a costly mistake. The secondary market in residential mortgage books is thriving, and purchasers are increasingly being caught out by this apparently simple issue. In the majority of cases, a suitably-worded power of […]

Governing law and jurisdiction clause in contracts

By Gordon Bell, Tom Price, David Lowe Governing law and jurisdiction or dispute clauses are two distinct things. Governing law is the substantive law of the contract and dispute resolution clauses are the clauses that tell you where and how your dispute is going to be resolved. They are very different. One does not imply the other and […]

Podcast – Battery storage

Welcome to Inspiratia’s latest webcast. This is the first in a new series looking at battery storage in partnership with the law firm Gowling WLG. I’m Alex Blackburn and I lead Inspiratia’s renewables coverage in London. For this episode I’m joined by Helen Emmerson, a partner in Gowling’s real estate team, and Roberto Castiglioni, a […]

Distribution of cosmetics and perfumes in the UAE

By Vanessa Delnaud The beauty and personal care market in the Gulf Cooperation Council (GCC) has significantly expanded over the past five years and is projected to enjoy a compound annual growth rate of over 11% between 2018 and 2023. The personal care sector is strictly regulated in the Middle-East. In particular, the Member States of […]

Risks associated with GDPR for retailers

By Jeanette Burgess and Gwendoline Davies Much of the focus in the retail and legal press in recent months has been on the eye-watering level of fines which data protection regulators can impose for infringements of the new EU General Data Protection Regulation (GDPR) legislation [1].  However in this mini-series Walker Morris’ Heads of Regulatory & […]

Bellman v Northampton Recruitment Limited – vicarious liability revisited

The Court of Appeal has allowed the Claimant’s appeal in Clive Bellman (A Protected Party By His Litigation Friend Nick Bellman) v Northampton Recruitment Limited (2018) EWCA Civ 2214, in a decision that involves a redrawing of the limits of vicarious liability for the violent conduct of an employee. The facts of the case are […]

Regulatory regime for crypto assets in BVI

By Michael Killourhy, Nick Rogers “I would say every day I get two or three inquiries on some crypto or blockchain-related project. There is a lot of interest in all things crypto here in the BVI,” observes Michael Killourhy, Partner at Ogier (BVI). Such is the level of interest that earlier this year, Killourhy (pictured) noted in […]

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