Mishcon takes on HSBC’s high-net-worth arm for BVI investment client HSBC Private Bank – the arm reserved for high-net-worth individuals – was hit by a part 7 provision of financial services claim in the Commercial Court on Friday 19 July. The claim, which seeks monetary damages from the defendant, has been brought by Mishcon de […]
Following the departure of a partner to Sidley Austin, Travers Smith is adding a new member to its infrastructure finance team. Ryan Ayrton joins from Watson Farley & Williams, where he has been a partner since 2022. Prior to this, Ayrton had spent his whole legal career at Linklaters. His arrival follows the exit of […]
Having already hired Allen & Overy’s Philip Bowden, Proskauer Rose is growing its leveraged finance team even more with new recruits from the newly-merged firm and Cahill Gordon & Reindel. Leveraged finance partner Megan Lawrence is due to join Bowden at Proskauer. She was promoted to partner at A&O in 2022 having been at the […]
Paul Hastings is boosting its finance stocks with a new partner hire from Weil Gotshal & Manges. Reena Gogna is moving to Paul Hastings after a decade at Weil Gotshal. Prior to Weil, she worked at Latham & Watkins for 11 years, with this move therefore reuniting her with fellow finance partners Ross Anderson and […]
As part of a long-term plan for the City, Milbank is taking additional floor space in its office to make room for growth. The firm is adding an extra 15,000 sq ft in its 100 Liverpool Street home. This means that over the course of the next 10 years, the firm will be able to […]
Japanese-headquartered Mitsubishi UFJ Financial Group has appointed nine firms to its EMEA legal panel. Magic circle firms A&O Shearman, Linklaters and Clifford Chance have been reappointed to the panel, alongside Herbert Smith Freehills and Baker McKenzie. New firms to make the cut include Addleshaw Goddard, The Lawyer’s Law Firm of the Year, Latham & Watkins […]
A&O Shearman’s private capital sector co-lead — and also the former co-head of the magic circle firm’s banking group — is lining up a move to Proskauer Rose. The Lawyer understands that Philip Bowden is moving over to Proskauer after 25 years at legacy Allen & Overy (A&O). During that time he was promoted to […]
Clash across the Atlantic as ING Bank takes on Bank of Utah Dutch multinational banking giant ING Bank has been hit with a new claim filed this week by the Bank of Utah (BoU), a community bank owned and operated in Utah, USA. BoU has instructed RPC, filing its claim in the Commercial Court last […]
US firm Paul Weiss Rifkind Wharton & Garrison has secured a new role representing private equity house Oakley Capital in a refinancing deal for portfolio company Phenna Group. The firm acted for Oakley and its portfolio business, a testing, inspection, certification and compliance platform, on a refinancing deal worth €1bn. The refinancing deal involved its […]
King & Spalding has raided US rival Cadwalader Wickersham & Taft for a four-strong partner team in London. Four partners are making the move, alongside one special counsel who will join as partner. On the funds finance side, partners Samantha Hutchinson, Mathan Navaratnam, Nathan Parker and special counsel James Hoggett will join. Partner Sukhvir Basran […]
The general counsel of Coda Payments has been hired by money movement group Thunes after just eight months at the business. Ruwan De Soyza will oversee all legal, compliance and secretariat affairs at Thunes, leading a team across a broad range of practice areas, including payment regulation, licensing, compliance, M&A and commercial contracts. He will […]
Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings have all scored roles on the Co-operative Bank’s £780m sale to Coventry Building Society (CBS). CBS made its cash offer to the banking company after months of exclusive talks between the two parties. As a result, Co-op will be expected to see a mass rebrand of its […]