Moscow gold: For City lawyers, the oligarch era is over
The changing political environment is making life harder for the London lawyers servicing Russia’s super-rich.
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High Court orders Berezovsky trustees to pay £12.6m legal fee to Addleshaws
The High Court has ordered the trustees of Boris Berezovsky’s estate to hand over more than £12m in unpaid legal fees to Addleshaw Goddard. Details of the case emerged today (28 July 2014) in a judgment that detailed how the estate’s trustees, Grant Thornton partners Nick Wood and Kevin Hellard, challenged how the firm structured […]
Freshfields and Paul Hastings lead on €260m telecoms sale
Freshfields Bruckhaus Deringer and Paul Hastings have picked up lead roles on the latest bumper deal in the increasingly active telecoms sector. The magic circle firm has been advising South African company MTN Group on its sale of subsidiary company MTN Cyprus to Monaco Telecom for approximately €260m. Paul Hastings is representing the buyer Monaco […]
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Disarray: The story behind the Davenport Lyons “reverse takeover” by Gordon Dadds
As Davenport Lyons enters administration, The Lawyer relates its final days. The mood at Davenport Lyons is as low as it could be. Staff were told the firm was going into administration last Friday (25 April). That day those offered a job – mostly partners – were called one by one into a meeting with […]
Pinsents slammed for “shameful” treatment of defendants in Aeroflot case
Moscow gold: For City lawyers, the oligarch era is over
The changing political environment is making life harder for the London lawyers servicing Russia’s super-rich.
2
High Court orders Berezovsky trustees to pay £12.6m legal fee to Addleshaws
The High Court has ordered the trustees of Boris Berezovsky’s estate to hand over more than £12m in unpaid legal fees to Addleshaw Goddard. Details of the case emerged today (28 July 2014) in a judgment that detailed how the estate’s trustees, Grant Thornton partners Nick Wood and Kevin Hellard, challenged how the firm structured […]
Freshfields and Paul Hastings lead on €260m telecoms sale
Freshfields Bruckhaus Deringer and Paul Hastings have picked up lead roles on the latest bumper deal in the increasingly active telecoms sector. The magic circle firm has been advising South African company MTN Group on its sale of subsidiary company MTN Cyprus to Monaco Telecom for approximately €260m. Paul Hastings is representing the buyer Monaco […]
2
Disarray: The story behind the Davenport Lyons “reverse takeover” by Gordon Dadds
As Davenport Lyons enters administration, The Lawyer relates its final days. The mood at Davenport Lyons is as low as it could be. Staff were told the firm was going into administration last Friday (25 April). That day those offered a job – mostly partners – were called one by one into a meeting with […]
Accounts Committee queries Linklaters' £13m rail bonanza
The House of Commons Public Accounts Committee has criticised the Government for the way it paid Linklaters & Paines more than £13m for advice on the sale of the first three rail franchises. The report criticises the Office of Passenger Rail Franchising, Opraf, for not using a competitive tender to choose Linklaters and for not […]
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Finance lawyers dominate in FTSE350 in-house teams
Almost half of all the lawyers at the companies in the current FTSE350 that have a UK-based in-house legal team work in the banking and finance sector, The Lawyer can reveal. According to data compiled for the new FTSE350 report, 40 per cent of the lawyers tracked at in-house teams in the UK work for […]
The speed read: Clifford Chance’s canny graduate strategy; bye-bye Ballheimer; and 2020 predictions
Firms serious about bagging the best graduate talent should take a look at Clifford Chance A few years back, a bunch of firms set up events for first-year law undergraduates – a group long ignored on the milkround in favour of second and third-years. We predicted what seemed like the obvious conclusion: the war for […]
Shearman and King & Spalding lead on takeover of Eddie Stobart
A pair of US firms have advised on the takeover bid of haulage company Eddie Stobart as its shareholders have approved its rescue by asset manager DBAY Advisors. King & Spalding’s London corporate partners William Charnley and Marcus Young advised Eddie Stobart, which had to secure £55m bailout funding from Douglas Bay Advisors, on the […]
A&O and ENSafrica lead on South African Airways rescue
South African firm ENSafrica and Allen & Overy are leading on the business recovery of one of Africa’s largest airlines, South African Airways, saving it from collapse. ENSafrica’s chairman Michael Katz is leading for the airline on behalf of the National Treasury of South Africa, which manages its national economic policy. South African Airways is […]
Jones Day set to bid farewell to Russia with office closure
Jones Day is to shut its doors in Moscow, The Lawyer understands, after setting up in Russia 16 years ago. The decision means the US firm will no longer have a fixed presence in the country, with the closure expected later this year. Jones Day initially entered the Russian legal market back in 2003, with a total […]
Mayer Brown jumps on innovation bandwagon with new ’embrio’ programme
Mayer Brown’s managing partner Jeremy Clay is backing a new global innovation plan to trial new technologies.