CMS Cameron McKenna has been instructed by RWE on a long-term joint venture with E.ON that will see the German utilities build nuclear power stations in the UK. The energy companies have teamed up on a 50:50 basis to purchase and develop sites being sold by the Nuclear Decommissioning Authority (NDA), with a view to […]
In these uncertain times, suppliers need to protect themselves against losing their biggest clients, say Jonathan Wheeler and John Adams. In recent months we have seen the demise of some of our best-known high street retailers such as Woolworths and MFI. With the closure of further high street names likely as more companies feel the […]
The credit crunch is causing a significant increase in activity for lawyers in asset finance. Leasee default levels have been relatively low since the early 1990s, when major insolvencies kept many lawyers busy for years. The credit crunch is causing a significant increase in activity levels for legal specialists in the area of asset finance. […]
A trio of US firms have snared lead roles advising on the merger of Morgan Stanley Wealth Management and Citi’s Smith Barney. Davis Polk & Wardwell partners George Bason, John Bick and Carole Schiffman led a team advising Citi on the joint venture with Morgan Stanley. Morgan Stanley instructed Wachtell Lipton Rosen & Katz partners […]
11: 19Once the wigs and suits had rooted themselves in court 76 of the Royal Courts of Justice there was barely room for the busload of Geordies to squeeze in. 14 January, 11:19 Once the wigs and suits had rooted themselves in court 76 of the Royal Courts of Justice there was barely room for […]
Northern Rock shareholders were deprived of their property when the Government nationalised the stricken bank last year, Blackstone Chambers’ Lord David Pannick QC told a court today. Instructed by White & Case partner John Reynolds and representing hedge fund SRM Capital, Northern Rock’s largest shareholder at the time it was nationalised, Pannick told the Administrative […]
The Law Society and Bar Council are set to contribute to a review of social mobility led by the government’s social mobility chief, Alan Milburn. The review has been launched alongside a government white paper on social mobility. Former Bar Council chairman Geoffrey Vos will sit on Milburn’s commission. Desmond Browne QC, the current chairman […]
Ashurst has landed the latest retail insolvency, having been called in by the administrators of Land of Leather. The Kent-based company brought in Deloitte after three profit warnings in 2008 and disappointing sale figures in January. Restructuring partner Giles Boothman is working with the administrators, backed up by head of restructuring Nick Angel. Boothman said: […]
JMW has launched a corporate recovery and insolvency department with the recruitment of a former Halliwells partner. Richard Wolff, who was a corporate recovery partner for five years at Halliwells, will head the new department. Wolff said: “The JMW brand is an emerging one in the Manchester market. Its an opportunity to lead a department […]
11:07 The Treasury has a new Devil. 14 January, 11: 07 The Treasury has a new Devil. And it’s a first for the Bar. And it’s a first for the Bar. Blackstone Chambers silk James Eadie QC has been appointed First Treasury Counsel. As ‘Treasury Devil’, Eadie will be leading for the government in all […]
Speechly Bircham has bolstered its IP, technology and commercial practice by taking on two partners, Nathalie Moreno from Beachroft and Vinod Bange from Eversheds. Bange was a senior associate and head of the London data privacy group at Eversheds, while Moreno joins from the London office of Beachcroft with a practice focused on telecoms and […]
Lovells has set up a taskforce to handle cases of bribery and corruption. Lovells has set up a taskforce to handle cases of bribery and corruption. The team will be made up of dispute resolution partners who will be the first point of contact for clients, offering advice on best practice and risk management. The […]