From bank rescues to student loans: The firms working on 2017/18’s biggest finance deals
From shoring up the South African banking system to helping home buyers in Cambridgeshire, it’s been a busy year in finance.
Latham targets A&O for second infrastructure hire this week
Another magic circle partner is to join Latham & Watkins in London, as it sets its sights on winning work in the infrastructure M&A market. Allen & Overy partner Conrad Andersen, who was promoted in 2008, is to join Clifford Chance partner Brendan Moylan at the US firm. The latter’s move was revealed yesterday. While […]
Jones Day bulks up in London with Ashurst and Dentons hires
Jones Day has snared two finance partners from Ashurst and Dentons following a raft of exits from its London office since the start of the year. Partner Ewen Scott left Ashurt’s global loans group last week and will join Jones Day’s banking, finance and securities practice at the end of August. He will be joined by Dentons finance partner Lee […]
Barclays lawyers on call after SFO attempts to revive Qatar case
Herbert Smith Freehills (HSF) and Simmons & Simmons are among the firms understood to be advising after the Serious Fraud Office confirmed it was looking to reinstate criminal charges against Barclays Bank. Barclays yesterday said the SFO made an application to the High Court to reinstate charges related to the bank’s capital raisings in 2008. […]
Ropes finance partner departs for MoFo
Benoit Lavigne becomes Morrison & Foerster’s third London lateral hire of the year.
Fintech start-up builds legal team with first GC
The former general counsel of MarketInvoice Simon Coles has joined fintech start-up Capital On Tap as its first legal head. Capital On Tap provides tech-driven funding facilities to SMEs and enables customers to access instant funding to grow their business. Before his stint as general counsel at cashflow finance provider MarketInvoice, which ended last year, […]
He’s coming home – but is McKimm’s multimillion-dollar Shearman return the cosy choice?
Back at Shearman, Ward McKimm will be reunited with his former client base – and with some old friends.
But much has changed in the seven years since he left Shearman & Sterling. Can the superstar partner replicate his past success, or is it true that you can never go back?
SFO fraud head: ‘DPAs will play a greater role in investigations’
Deferred prosecution agreements (DPAs) will play a greater role in fraud cases in the future, the Serious Fraud Office’s (SFO) fraud head Hannah von Dadelszen told in-house counsel today. Speaking at The Lawyer‘s In-House Financial Services conference in London, von Dadelszen said DPAs were a key tool to enforcement in an increasingly globalised and joined-up […]
Barclays heralds ‘new era’ with final panel review
Marking a significant shift in the way it works with legal suppliers, Barclays has completed its last ever formal review of its law firms worldwide, cutting its roster down from 140 to 100 firms. The new panel will be in place for three years, subject to performance, until 20 June 2021, before Barclays embarks on […]
A&O launches new standalone consultancy for ‘logistical’ work
Allen & Overy has further cast its net outside the scope of legal work with the launch of a new regulatory consulting business. The Allen & Overy Strategy Group will exist as a standalone business within A&O’s London office, spearheaded by Sally Dewar, who will be brought over from her current role as head of international regulatory affairs at […]
Clifford Chance in the clear as SRA closes probe into RBS complaint
The Solicitors Regulation Authority (SRA) will not launch an inquiry into a complaint made over Clifford Chance‘s 2014 investigation into the Royal Bank of Scotland’s (RBS) treatment of small companies, The Lawyer can reveal. After pursuing the complaints, which alleged that the magic circle firm had overlooked fraud during its investigation, the SRA found nothing to suggest […]