Riva Gaming Group, the private equity-owned bingo operator, has struck a deal with lenders to write off £100m of its debt, leading to instructions for a raft UK firms. Riva Gaming Group, the private equity-owned bingo operator, has struck a deal with lenders to write off £100m of its debt, leading to instructions for a […]
Andrew Nulty, the lawyer who boasted of his £13m fortune, has been struck off by the Solicitors Disciplinary Tribunal for his part in the miners’ compensation scandal. Nulty, who launched Avalon Solicitors in 2001 with 2,000 personal injury claims on his books, is the third lawyer to be kicked out of the profession for his […]
Atlanta-based King & Spalding has hired Dewey & LeBoeuf Paris-based arbitration head Eric Schwartz to launch in France. Schwartz, who was managing partner of Dewey’s Paris office, is joining with arbitration senior counsel James Castello. Schwartz, who has served as the secretary general of the International Court of Arbitration of the International Chamber of Commerce, […]
Diego Maradona once dubbed Carlos Tévez the “Argentine prophet for the 21st century”: high praise indeed from a player with the dexterity of a deity. Diego Maradona once dubbed Carlos Tévez the “Argentine prophet for the 21st century”: high praise indeed from a player with the dexterity of a deity. However, it is unlikely that […]
Candover has linked up with Ashurst after decades of dealings with Clifford Chance. NOW MORE than ever, private equity house Candover needs its trusted circle of legal advisers. The UK private equity giant is entering one of the most turbulent periods in its history. Last month, the group cut the valuation of its portfolio in […]
Scottish firm Burness and Berwin Leighton Paisner (BLP) have been handed mandates in private equity group BlueGem’s investment in Panmure Gordon, the loss-making investment bank. Scottish firm Burness and Berwin Leighton Paisner (BLP) have been handed mandates in private equity group BlueGem’s investment in Panmure Gordon, the loss-making investment bank. AIM-listed Panmure raised £17.3m selling […]
Willkie Farr & Gallagher has advised US dermatology company Stiefel Laboratories on its $3.6bn (£2.5bn) takeover by pharmaceutical giant GlaxoSmithKline (GSK) Willkie Farr & Gallagher has advised US dermatology company Stiefel Laboratories on its $3.6bn (£2.5bn) takeover by pharmaceutical giant GlaxoSmithKline (GSK), in what is one of the biggest M&A transactions to hit the market […]
The London office of Baker & McKenzie has advised on the establishment of a $100m (£68.35m) turnaround fund in Egypt. The London office of Baker & McKenzie has advised on the establishment of a $100m (£68.35m) turnaround fund in Egypt. The fund, run by Sphinx Private Equity, has secured investment from the European Investment Bank […]
Magic circle firms Freshfields Bruckhaus Deringer and Linklaters have lined up to advise on brewing giant Heineken’s surprise investment in Globe Pub Company’s senior debt. Magic circle firms Freshfields Bruckhaus Deringer and Linklaters have lined up to advise on brewing giant Heineken’s surprise investment in Globe Pub Company’s senior debt. Under advice from a Freshfields […]
Lawyers have rounded on NHS Litigation Authority (NHSLA) allegations that the claimant profession is bleeding the NHS dry by racking up massive legal bills. Lawyers have rounded on NHS Litigation Authority (NHSLA) allegations that the claimant profession is bleeding the NHS dry by racking up massive legal bills. In its submission to Lord Justice Jackson’s […]
Rail infrastructure company Network Rail is set to review its panel of external law firms for the first time in three years. Rail infrastructure company Network Rail is set to review its panel of external law firms for the first time in three years. The review of the company’s 20 external firms comes after Network […]
Shearman & Sterling is muscling in on Premier League football transfer work after one of the firm’s associates joined Manchester City as general counsel. Shearman & Sterling is muscling in on Premier League football transfer work after one of the firm’s associates joined Manchester City as general counsel. Simon Cliff, who last year worked on […]