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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

Brussels

Mayer Brown’s Brussels head departs for Noerr

The head of Mayer Brown’s Brussels office is to join German firm Noerr next month. Jens Peter Schmidt has been the managing partner of Mayer Brown’s Brussels office since 2014, and a partner at the firm since 2001 when he joined from Shearman & Sterling. He will join Noerr’s partnership on 15 February. The partner’s […]

Offices

Cadwalader ramps up in London with Norton Rose Fulbright hire

Cadwalader Wickersham & Taft has recruited its third London lateral in as many months, with the firm now set to bring on board a funds partner from Norton Rose Fulbright. This time the firm has picked Michael Newell, who specialises in funds and has been at Norton Rose Fulbright for a decade. As part of […]

russia

Setback for Macfarlanes client as Russian court rules against jurisdiction bid

A Russian regional court has ruled that billionaire Vitaly Orlov cannot hide behind the Russian legal system to avoid the London High Court. The latest twist in a complicated case comes as a setback to Orlov, whose lawyers at Macfarlanes had successfully discharged a worldwide freezing (WFO) order last July. Russian businessman Alexander Tugushev, instructing […]

oil well energy

Slaughters clears first hurdle for Premier Oil’s North Sea expansion

Slaughter and May represented Premier Oil as the Scottish company cleared the first hurdle on a scheme of arrangement related to its expansion in the North Sea. Premier Oil, advised by Slaughters restructuring partner Tom Vickers, faced opposition from its largest creditor Asia Research & Capital Management (ARCM) on the implementation of the company’s scheme […]

Fried Frank brings in first European COO

Fried Frank Harris Shriver & Jacobson has hired its first European chief operations officer to support the firm’s growth. Ed Enzor, who was previously a director of administration at Paul Weiss’ London office, has joined Fried Frank as the firm’s first dedicated COO. He had also previously been at Baker McKenzie and Freshfields Bruckhaus Deringer […]

The speed read: a corporate question for Gibson Dunn; and HSF gets its funds daddy

Lawyers departed and re-emerged this week, while a familiar name in alternative legal services set forth on a new chapter and pledge to turn over £100m. Here are the key takeaways. HSF’s hire of the “father of private equity funds” has had the desired effect: people are talking about it  Funds veteran Jonathan Blake joined […]

Leeds Town Hall

DAC Beachcroft to axe roles in UK real estate

DAC Beachcroft has launched a redundancy consultation in its London and Leeds real estate teams, with ten roles at risk. The Lawyer understands the consultation will run for four weeks, with 10 roles at risk at associate and legal director level. This will consist of four roles in DAC’s London-based commercial investment and development (CID) […]

New York City

Mishcon exits New York after team departure

After an ongoing struggle to assert itself in New York, Mishcon de Reya has finally shut down its US office 10 years after its launch – with its remaining staff joining King & Wood Mallesons. The closure now leaves Mishcon with no international outpost and its sole base of operations in London, with the firm’s […]

Hogan Lovells strikes deal with Elevate for new legal services hub

Hogan Lovells is debuting a new legal services delivery hub in the US as part of a multimillion-dollar contract struck with provider Elevate. Located in Phoenix, Arizona, the centre will provide global document review exercises with a wider range and less costs. It will specialise in matters specifically related to US litigation document review matters […]

BCLP loses another private client partner

Farrer & Co has boosted its private wealth offering with a hire from Bryan Cave Leighton Paisner (BCLP). Partner Georgina James joins Farrer & Co’s private wealth team after nearly 11 years at BCLP. She advises international families, trustees and family offices on cross-border taxation and estate planning issues. In particular, she has worked with […]

Deals

Linklaters takes the lead on Anglo American bid for Sirius

Linklaters has taken the lead role on the potential takeover and rescue of Yorkshire-based fertiliser development company Sirius Minerals. Corporate partners Aisling Zarraga and Nick Rees are taking the lead for the FTSE 100 multinational Anglo American on its £386m bid to buy Sirius, while Allen & Overy is acting for the ailing Sirius. Norton […]

Clifford Chance wins role on Apple’s licensing agreement with UK chip maker

A partner duo from Clifford Chance has taken legal duties for UK chip designer Imagination Technologies as part of a license contract with Apple that will revive a relationship that ended a few years ago. The multi-year license agreement marks a new collaboration between Apple and Imagination Technologies, which in the past provided graphic chips […]

Vodafone

Paul Hastings and Norton Rose Fulbright act on latest Vodafone telecoms deal

Paul Hastings and Norton Rose Fulbright have advised on the latest telecommunications deal, which will see Monaco Telecom acquire Vodafone’s Maltese business. Monaco Telecom was advised by Paul Hastings on its €250m acquisition, with a team led by London corporate partner Garrett Hayes that also included senior associate David Prowse, competition partner Pierre Kirch and […]

QC appointments on the rise as 114 take silk

The number of new QCs has increased by five per cent this year, with Fountain Court and Blackstone adding to their roster of silks, as well as two magic circle firms. A total of 114 new QCs were announced today, from 258 applicants, with the percentage of women falling by two following last year’s 28 […]

Metropolitan police

Barrister calls on Hodge Jones & Allen after hospital protest

A Garden Court barrister is launching legal action against the Metropolitan Police after he was arrested at a university hospital protest this week. Franck Magennis was attending a protest at London’s St George’s University hospital when police officers arrested him. He was showing support for security guards at the hospital, who are on strike in […]

Essex Court secures double hire from Matrix

Despite successfully winning Samira Ahmed’s landmark discrimination case today, Matrix Chambers has also lost two of its barristers this week to Essex Court. Alison Macdonald QC and Angeline Welsh have both decamped to join magic circle set Essex Court. This comes just days after Henderson Chambers announced Jason Housden will be joining as its new […]

Global News

shenzhen

Bakers taps into China’s tech hub as local JV opens fourth office

Baker McKenzie’s Chinese joint venture firm FenXun Partners is set to open a fourth office in Southern city Shenzhen, giving the global firm a foothold in China’s own “Silicon Valley”. The new office in Shenzhen will be the Chinese firm’s fourth location in China, following Beijing, Shanghai and Hainan. This means Baker McKenzie, which has […]

Santiago

Clydes expands South American presence with first Chilean venture

Clyde & Co has made its first venture into Chile after entering into an association with local firm Grasty Quintana Majlis. The association will see the firms work together, refer matters and provide an integrated service to existing clients in the region and globally – the focus will be on the insurance, construction and infrastructure, […]

Hong Kong

Clifford Chance duo exit for Gibson Dunn in Hong Kong

Clifford Chance’s veteran Hong Kong litigation partner Brian Gilchrist has resigned from the magic circle firm and will join Gibson Dunn, as global firms focus on building up litigation practices in Hong Kong. Gilchrist will be joined by fellow litigation partner Elaine Chen as Gibson Dunn’s first major litigation hires in Hong Kong. They will […]

Germany

Eversheds gears up for hard Brexit with LLP contingency plan

Eversheds Sutherland has put in place plans to change the limited liability partnership (LLP) of its German offices in case of a hard Brexit. If a no-deal outcome is implemented, at the end of the year the firm will switch its German internal structure from an English LLP to a local one if UK LLPs […]

Global Features

moves, lateral hires and exits

RPC hires DWF quartet to bolster restructuring group

RPC has hired a four-lawyer restructuring team to boost its restructuring and insolvency practice in the City. Finella Fogarty, the former head of business restructuring at DWF, will join RPC to lead the practice at her new firm. She brings with her three new joiners; counsel William Beck, senior associate Danielle Bennett and associate James […]

O’Melveny funds veteran resurfaces at HSF

One of O’Melveny & Myers’ last remaining London funds lawyers has emerged at Herbert Smith Freehills, continuing an exodus that began last year. Private equity veteran Jonathan Blake has joined Herbert Smith Freehills as head of its international private funds strategy. Blake’s departure leaves the US firm’s Paternoster Square office with just four remaining partners. […]

Linklaters

Linklaters recruits from White & Case to boost banking team

Linklaters has hired a new partner from White & Case to boost its London banking practice. The magic circle firm has brought in Colin Chang, who has been a partner in the capital markets practice of the US firm for more than a decade. Having first joined in 2008, he was based until now in White […]

Linklaters’ head of real estate disputes moves to Addleshaws

Linklaters has lost another member of its real estate group, this time to Addleshaw Goddard. The former head of Linklaters’ real estate disputes practice, counsel Frances Richardson, has joined Addleshaw Goddard as a partner. She has been at the magic circle firm her whole legal carer, from 2004, and was made head of real estate […]

moves, lateral hires and exits

CRS partner takes new role after Macfarlanes move fell through

The Charles Russell Speechlys partner, whose move to Macfarlanes last year fell through, has resurfaced at Keystone Law. Ian Cooke, who until March 2019 had headed Charles Russell Speechlys’ private wealth and property practice, has joined Keystone Law after twenty years at the UK firm. Cooke made headlines in February when Macfarlanes announced his hire; […]

Midlands

Hogan Lovells loses another senior partner as Birmingham chief departs

The head of Hogan Lovells’ Birmingham office Michael Gallimore has become the latest senior partner to leave the firm, prompting a change in leadership for the firm’s Midlands outpost. Gallimore has joined boutique planning firm Town Legal after over 30 years at Hogan Lovells. Having made partner in 1988, he was made head of planning […]

Latest Briefings

Article on the Communiqué on the principles regarding the elimination of privileges and the right to vote and representation in the Board of Directors (II-28.1)

By Gülenay Kavcar The subject of this article is about the elimination of privileges regarding the voting rights and representation in the board of directors in public partnerships, which were published in the Official Gazette dated 10.01.2020 and numbered 31004 and entered into force after being issued in compliance with the legislation for a period […]

Amendments and additions to the tax code of the Republic of Uzbekistan

In the light of the adoption of the Law “On introduction of amendments and additions to the Tax Code of the Republic of Uzbekistan” No. ZRU-599 dated 30 December, 2019, a new edition of the Tax Code was adopted. The significant amendments are the following: 1. The types of taxes have been reduced to 9 […]

Regulation of the pharmaceutical industry in Uzbekistan

By Dilorom Yuldasheva, Parvina Bashirova, Parvina Bashirova Currently, the pharmaceutical industry in Uzbekistan is experiencing a modification of regulatory requirements. In recent years, the country has achieved positive results in the formation and development of the primary health care system for population. It is important to note that the network of republican specialized scientific and […]

Renewable energy in Kazakhstan – What to expect?

By Shaimerden Chikanayev Kazakhstan, at least on the surface, seems to have a strong political will to attract investments in renewable energy projects as demonstrated by its official general policy. The government of Kazakhstan, for instance, made an official commitment to increase the share of renewable energy in domestic electricity generation from the current 2% […]

Sports law in 2019 & 2020 – Key issues to watch

By Liya Akzhanova 2019 was a year for developing the anti-doping framework in Kazakhstan in order to comply with the requirements of the IOC and WADA. In particular, the newly enhanced framework strengthens the administrative liability of persons who have prescribed banned drugs to an athlete. The overarching sanctions are now as follows: disqualification; refund […]

China’s new trademark laws

By Vivian Desmonts, Jamie Rowlands The fourth revision of the Trademark Law of the People’s Republic of China (PRC) came into effect on 1st November 2019. It is yet another example of the shifting landscape of intellectual property protection in China. The amendments were made in line with the International Trademark Authority’s recommendations to combat […]

The value of a Corporate Service Provider

By Tracey Spevack With increasing demand from regulators and investors for the highest standards of corporate governance and stringent compliance with a growing list of complex regulations, more and more businesses are turning to professional corporate service providers for expert help. Recent years have seen significantly increased regulatory requirements and obligations placed on businesses in […]

The Cayman Islands Private Funds Bill, 2020 – Are fund finance deals impacted?

By Derek Stenson, Michael O’Connor On January 8, 2020 the Cayman Islands Government published the Private Funds Bill, 2020 (the “Bill”). The Bill builds upon the reputation of the Cayman Islands as a co-operative and transparent jurisdiction and introduces for the first time a requirement for private funds to register with the financial regulator in […]

Cayman Islands Corporate law as a tool for innovative CLO warehouse structuring

The Cayman Islands is well known to be the jurisdiction of choice for structured finance transactions due to its robust legislation and judicial framework, its creditor friendly nature, its familiarity to market participants (in particular, rating agencies), and the list goes on. What is less obvious, and arguably more intriguing, is the increased reliance on […]

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