Putting houses in order is becoming the mainstay of law firms’ private equity work, says Kian Ganz. It feels like a world away, but it’s not so long since private equity was a major driver of many firms’ corporate revenues. With the dearth of credit and the global downturn, private equity practices have largely turned […]
Catherine Newman QC of Maitland Chambers has won a High Court victory on behalf of JD Wetherspoon (JDW). Catherine Newman The pub chain accused its former property advisor Van de Berg (VdB), and VdB’s managing director Christian Braun, of fraud during the 16 years it worked with the company. During that time JDW paid the […]
A trio of US firms has snared lead roles advising on Citigroup’s recapitalisation. Davis Polk & Wardwell is lead counsel to the bank with partners George Bason, Louis Goldberg and Michael Davis leading a team. The firm dealt with negotiations with the US government while Cleary Gottlieb Steen & Hamilton advised Citi on the public […]
Ashurst scores lead role on William Hill refinancing” />Ashurst has secured a key instruction from William Hill over its plan to raise £1.2bn via a rights issue and debt facility with Skadden Arps Slate Meagher & Flom and Allen & Overy advising the banks. Ashurst corporate partner Anthony Clare advised the gambling group, while Skadden […]
Clifford Chance has lost a further litigation partner from its New Yorkoffice with Vic Siber leaving to join US firm Baker Hostetler. Clifford Chance loses further New York litigator” />Clifford Chance has lost a further litigation partner from its New York office with Vic Siber leaving to join US firm Baker Hostetler. The move comes […]
Real estate investment fund Braemar Group has hired Orla Ball as its new in-house counsel. Ball joins Braemar from Eversheds‘ Manchester office, where she was an associate in the corporate team for 12 years. She is tasked with bringing in-house much of the legal work that the Braemar Group previously contracted out to external law […]
Freshfields, Halliwells, Linklaters and Slaughters have landed key roles ahead of the potential takeover of Countrywide, the UK’s largest residential estate agency. Ashurst, Freshfields Bruckhaus Deringer, Halliwells, Linklaters and Slaughter and May have landed key roles ahead of the potential takeover of Countrywide, the UK’s largest residential estate agency. Countrywide, which is owned by US […]
Clare Algar, executive director at Reprieve, calls for honesty from the government to repair the damage done by those who were complicit in the rendition and torture of Binyam Mohammed, the Guantanamo detainee who returned to the UK this week. Clare Algar, executive director at Reprieve, calls for honesty from thegovernment to repair the damage […]
11.17amEvery now and then a personal injury case comes along which reignites the debate about Britain’s so-called compensation culture. 25 February, 11.17am Every now and then a personal injury case comes along which reignites the debate about Britain’s so-called compensation culture. You know the sort: Man sues after scolding himself on coffee or woman walks […]
For over 20 years, I have acted almost exclusively on behalf of military personnel recovering damages for accidents while at work. During this period, I have experienced the demise of legal aid, the first conditional fee agreements and the development of the before the event and after the event legal expense insurance markets. I have […]
CMS Cameron McKenna has been appointed to advise the receivers of two Antiguan companies of Texan billionaire Allen Stanford’s group of businesses. The Financial Services Regulatory Commission (FSRC) of Antigua and Barbuda called in Vantis client partners Nigel Hamilton-Smith and Peter Wastell as joint receivers of Stanford International Bank and Stanford Trust Company last week. […]
Ashurst to enter US with McKee Nelson hires” />Ashurst is set to open a fee-earning office in New York with the hire of a 10-partner structured finance team from long-time US niche-ally McKee Nelson. While Ashurst has had a part-time business development presence in the US since 2004, with corporate and commercial partner Duncan Stiles […]