Banking giant UBS has revamped bonus packages for its in-house lawyers, holding back payments in a bid to tie in top staff. Banking giant UBS has revamped bonus packages for its in-house lawyers, holding back payments in a bid to tie in top staff. The investment bank is retaining up to 40 per cent of […]
The High Court has thrown out a £17m claim brought against Fladgate Fielder by Land Securities. The High Court has thrown out a £17m claim brought against Fladgate Fielder by Land Securities. The multimillion-pound claim was brought after Fladgate sought to bring a judicial review of a planning application for a major development in London’s […]
Withers is set to make its first foray into the offshore legal sphere with the launch of a British Virgin Islands (BVI) office, The Lawyer can reveal. Margaret Robertson Withers is set to make its first foray into the offshore legal sphere with the launch of a British Virgin Islands (BVI) office, The Lawyer can […]
DLA Piper, Halliwells and Herbert Smith have won places advising troubled retailer JJB Sports on the sale of its gym business and restructuring package. DLA Piper, Halliwells and Herbert Smith have won places advising troubled retailer JJB Sports on the sale of its gym business and restructuring package. Halliwells represented JJB alongside Hebert Smith during […]
Premier Oil has agreed to buy Oilexco North Sea for $505m (£344m), rescuing it from administration and leading to mandates for Allen & Overy (A&O), Clifford Chance, Herbert Smith and Slaughter and May. Premier Oil has agreed to buy Oilexco North Sea for $505m (£344m), rescuing it from administration and leading to mandates for Allen […]
Davies Arnold Cooper (DAC) partner Nick Young will be licking his wounds this week after a being on the receiving end of a major High Court loss that could cost his client more than £1bn. Davies Arnold Cooper (DAC) partner Nick Young will be licking his wounds this week after a being on the receiving […]
Salans is offering a four-day working week to staff in some departments, becoming the latest firm to propose flexible working in response to the economic downturn. Salans is offering a four-day working week to staff in some departments, becoming the latest firm to propose flexible working in response to the economic downturn. The firm has […]
Clifford Chance has boosted its Middle East offering by relocating London real estate partners Andrew Rolfe and Catherine Cook to Abu Dhabi. Clifford Chance has boosted its Middle East offering by relocating London real estate partners Andrew Rolfe and Catherine Cook to Abu Dhabi. The firm opened its Abu Dhabi branch in September 2008 with […]
Akin Gump Strauss Hauer & Feld has boosted its Moscow-based international transactions practice with the addition of Allen & Overy partner Varun Gupta. Gupta joins as a US partner and head of the Russian capital markets practice and will focus on international capital markets transactions, cross-border M&A transactions and general corporate matters. He has been […]
King & Spalding has opened a base in Moscow after hiring a team of lawyers from Hogan Lovells and White & Case. The office is being driven by the firm’s energy practice and will have particular ties with King & Spalding’s lawyers in the Middle East, Singapore, Houston, London and New York. Of the new […]
Dewey & LeBoeuf has advised online auction site eBay on its acquisition of its Turkish counterpart Gitti Gidiyor Bilgi Teknolojileri Sanayi ve Ticaret Anonim Sirketi. Silicon Valley M&A partner and technology specialist Keith Flaum led the transaction for the US firm. Fellow Silicon Valley partner John Brockland and Los Angeles M&A partner David Smith also […]
Shearman & Sterling has hired five partners and around a dozen associates from Howrey’s Brussels office, including former head Trevor Soames. The partners also include Stephen Mavroghenis, the English-qualified lawyer who took over from Soames as managing partner of Howrey’s Brussels office last month (20 January 2011). The three other Howrey partners joining Shearman are […]