Denton Wilde Sapte, Ashurst and the London office of Gibson Dunn & Crutcher have scored the lead mandates on the two management buyouts of consulting company Kroll’s UK corporate advisory and restructuring practice. Senior members of Kroll’s board have bought out the restructuring advisory business to form a new consultancy called Zolfo Cooper, while the […]
Blackstone Chambers has won a long-running battle with the Government over the use of pesticides near residential homes near Chichester, West Sussex. The set, representing campaigner ;Georgina Downs, showed there was solid evidence that residents had suffered harm. Mr Justice Collins heard that residents exposed to pesticide-spraying had suffered from ill-health and blistering, with Downs […]
Hammonds, Macfarlanes and Paul Weiss have lined up on a rare £1bn M&A deal as Mitsubishi Rayon swoops on UK chemicals company Lucite. Hammonds corporate partners James McKay and Mark Robson acted for the seller, private equity company Charterhouse. Paul Weiss acted for existing client Mitsubishi Rayon and drafted in Macfarlanes in the UK. Paul […]
SJ Berwin advised CPC Group on its sale to the Qatari Diar Real Estate Investment Company of Project Blue (Guernsey) Holdings, the joint venture company redeveloping the Chelsea Barracks site in London. The SJ Berwin team was led by real estate partner Bryan Pickup and corporate partner Laura O’Neill, with partners Pat Jones in real […]
Norton Rose’s political investment pays off with Treasury Islamic bond” />Advising HM Treasury on its first-ever Islamic bond issue is a choice mandate. For Norton Rose, besting Allen & Overy (A&O) and Denton Wilde Sapte makes the win even sweeter. Norton Rose’s Islamic finance practice was almost a shoo-in for the role after the firm […]
Irwin Mitchell personal injury (PI) head John Pickering has been elected unopposed to the post of managing partner. Pickering will replace the incumbent Howard Culley, who is expected to relinquish his role at the end of April 2009. Irwin Mitchell senior partner Michael Napier said continuity of strong management and leadership were crucial for the […]
The London office of Cohen Milstein Hausfeld & Toll is in talks to join with breakaway firm Hausfeld in the UK. Hausfeld was spun off from the US class action firm earlier this month, led by former antitrust and international practice group head Michael Hausfeld. He has already poached around 30 partners from Cohen Milstein […]
Slaughter and May and Linklaters have sewn up the lead roles in Standard Chartered’s £1.78bn rights issue to existing shareholders. A Slaughters team led by corporate partner Nilufer von Bismarck advised Standard Chartered. Von Bismarck commented: “They are one of the few banks that can still do rights issues, Santander is another example, and interestingly […]
There’s nothing like an economic slump to bring employment lawyers back into vogue. The CBI expects the UK to suffer its sharpest economic contraction in almost 20 years in 2009, and unemployment could hit three million before 2010. There is nothing like an economic slump to bring employment lawyers back into vogue. The Confederation of […]
Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]
Exclusive research by The Lawyer highlights the US-UK litigation gulf as only four UK law firms reach the top 50 turnover league. The international firms best positioned to capitalise on the expected upsurge in cross-border litigation and arbitration can be revealed today in exclusive research by The Lawyer. For the first time the world’s largest […]
Skadden” class=”inline_image inline_image_left” src=”/pictures/web/images/15003_davidallen-MayerBrown90.jpg” />The litigation table published by The Lawyer shows which firms generated the most revenue from disputes last year. But reorder the table to rank firms by revenue per lawyer (RPL) and a different picture emerges. For example, Herbert Smith rises from 35th in the revenue table to seventeenth when ranked by […]