Venture capital house Scottish Equity Partners (SEP) has appointed its first-ever general counsel, after hiring Maclay Murray & Spens associate Andrew Buchan. Buchan, who had been at Maclays for 12 years, built up a close relationship with SEP in that time, having worked on a number of SEP’s deals while he worked in private practice. […]
Clifford Chance’s global head of litigation Mark Kirsch has left the magic circle firm in the midst of the global partnership restructuring. The magic circle firm is reshaping its US litigation practice to focus on regulatory matters, investigations and white collar crime, commercial litigation, antitrust and arbitration. The practice will also focus mainly on cross […]
Jones Day has boosted its US restructuring practice with the hire of a seven-lawyer team from Kirkland & Ellis. The US firm has recruited Kirkland’s Los Angeles restructuring head Richard Wynne and partner Bennet Spiegel as well as counsels Lori Sinanyan and Erin Brady for its LA office. Jones Day has also hired three associates […]
In the offshore world a small litigation can have far reaching implications, as a decision made in the Jersey Court of Appeal last week shows. In London there is the costs shifting rule where the losing party will pay the legal costs for both sides. In Jersey, however, the security for costs rule exists. This […]
The beauty of mediation is its simplicity. It has made a real impact on the dispute resolution landscape and is here to stay. The obvious question therefore is, where does mediation go from here? The forthcoming Annual Bar Conference will host a debate on mediation from four perspectives. A judge who approves of mediation but […]
Spain has led the way in renewable energy, but the financial crisis coupled with regulatory change is having an impact. Will Spain’s ‘green’ commitment hold firm? asks Luke McLeod-Roberts One of the more romantic images of Spain is the figure of Don Quixote astride a trusty steed against a backdrop of windmills bleached by […]
SJ Berwin and Maxwell Winward have advised Gazeley and the UK Logistics Fund (UKLF) on a £1.8m-a-year let to a European Airbus manufacturer. SJ Berwin real estate partner Darren Rogers led a team advising long-standing client Gazeley on the 15-year let of 380,000sq ft of space to GKN Aerospace Services at Western Approach Distribution Park in Bristol. […]
Linklaters is emerging as a frontrunner to win the mandate advising on the IPO of AIG’s Asian life assurance arm. The magic circle firm will take part in a beauty parade to advise on the deal, which AIG hopes will raise between $5bn (£3.27bn) and $10bn through the IPO of American International Assurance (AIA) in […]
Linklaters and Simpson Thacher & Bartlett have won instructions on Alliance Boots’ £400m debt buyback. Simpson Thacher London partner Ian Barratt and New York partner Mark Pflug advised Kohlberg Kravis Roberts (KKR) on the deal, which will see the private equity house buy back a portion of the debt used to finance its 2007 buyout […]
Denton Wilde Sapte and Olswang have won roles advising troubled sports broadcaster Setanta as it attempts to renegotiate broadcast rights and restructure its business. The company is reported to be in the midst of a major restructuring programme to raise £100m, and has called on Dentons head of restructuring and insolvency Mark Andrews. Setanta is also […]
WHILE many firms have spent the last 12 months trying to insulate themselves against the recession, the Chancery Bar has been evolving into a new beast. WHILE many firms have spent the last 12 months trying to insulate themselves against the recession, the Chancery Bar has been evolving into a new beast. For commercial […]
The Dorsey & Whitney partner at the heart of a Financial Services Authority (FSA) insider trading case has been sacked by the firm. London corporate partner Andrew Rimmington faces charges along with former McDermott Will & Emery partner Michael McFall over their involvement inNovartis’ 2006 takeover of Manchester-based biotech company NeuTec. Rimmington’s details were removed from the Dorsey […]