Linklaters advise on Woolies administration” />The administrators of Woolworths have called on Freshfields Bruckhaus Deringer and Linklaters to help wind up the stricken retail giant. Freshfields restructuring partner Adam Gallagher has been instructed by Deloitte for the administration of Entertainment UK, Woolworths’ wholesale arm. Linklaters is understood to be advising Deloitte on the administration of […]
Bevan Brittan has been drafted in to help local councils reclaim millions of pounds tied up in Iceland’s crippled banks. The firm won the instruction because of its place on the Legal Government Association’s (LGA) panel and was present at a creditors meeting in Iceland at the beginning of November. Senior commercial litigation associate Virginia […]
The global credit crunch has left large financial institutions vulnerable to takeover bids on a scale that has never been witnessed before. The structuring of these acquisitions requires a number of considerations, none more so than in relation to employees, says Simeon Spencer The recent bid for HBOS by Lloyds TSB Bank (LTSB) provides an […]
Hammonds was up in the High Court today for a £3m profit dispute hearing with former partners. Hammonds attended the High Court today for a £3m profit dispute hearing that will determine whether the firm’s managing partner Peter Crossley (pictured) will become embroiled in the case. The case management conference, which is set down for […]
Lovells Continental Europe head Harald Seisler has stepped down after an unsuccessful campaign to become managing partner. Lovells Continental Europe head Harald Seisler (pictured) has stepped down from the role after running an unsuccessful campaign to become firmwide managing partner. As reported on TheLawyer.com (17 Nov 2008) Seisler’s bid to win the top job failed […]
The rumour mill on Cadwalader Wickersham & Taft has gone into overdrive in recent weeks, with estimates on the firm’s drop in profit ranging from 20 per cent right up to 65 per cent. When speculation linked rainmaker Dennis Block and litigation head Greg Markel with the exit door, the hypothesis that Cadwalader could unravel […]
Norton Rose has clinched an instruction to advise HM Treasury on its first-ever Islamic bond issue. Norton Rose bags Treasury sukuk instruction” />Norton ;Rose ;has clinched an instruction to advise HM Treasury on its first-ever Islamic bond issue. Norton Rose was selected from a group believed to have included the top tier of Islamic finance firms, such […]
Lloyds TSB and its takeover target HBOS have turned to Eversheds to deal with the employment law issues that will arise if the banks combine. The two banks already have a longstanding relationship with Eversheds, with the firm occupying places on Lloyds’s general panel and HBOS’s North West panel. Eversheds employment and labour law product […]
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 […]