Latham and Skadden lead on £4.6bn Abcam acquisition

Advisers from Latham & Watkins and Skadden Arps Slate Meagher & Flom have led on US conglomerate Danaher Corporation’s recent acquisition of Cambridge-based life science innovator Abcam in a $5.7bn transaction. Since Abcam’s AIM delisting in December 2022, Latham is understood to have been working closely with the company’s executive board as it faced calls […]

Bird & Bird

Bird & Bird defends in first-ever oral hearing in UPC

Bird & Bird is set to defend a life sciences patent dispute in September in what will be the first-ever oral hearing before the brand new Unified Patent Court (UPC). The UPC was created to unify patent litigation across the European Union, meaning cases can be heard in one court instead of individual jurisdictions. The […]

DWF Manchester

DWF’s Inflexion sale: Legal fees exceed £3m

The sale of DWF to private equity house Inflexion has so far racked up a combined legal bill exceeding £3m. According to public documents, DWF estimates that its legal advice fees will total £1.3m. This is far lower than its expected expenses for financial and corporate broking advice of £5.1m. DWF is set to leave […]

Serious Fraud Office

SFO drops ENRC probe due to “insufficient admissible evidence”

The Serious Fraud Office (SFO) has dropped its investigation into the Eurasian Natural Resources Corporation (ENRC) after 10 years. The SFO announced today that following a “review of the investigation”, it has concluded there is “insufficient admissible evidence to prosecute”. The SFO opened opened a criminal investigation into ENRC, a Kazakh and Central African mining […]

Assassin's Creed, Unisoft

Microsoft-Activision: Jones Day leads on attempt to win over CMA

Jones Day is the latest firm to be instructed in relation to Microsoft’s proposed acquisition of Activision Blizzard, with the firm leading for video game publisher Ubisoft on its licence to stream Activision’s catalogue of games over the next 15 years. The cross-border Jones Day team led on the deal with US-based corporate partner Dave […]