Allen & Overy (A&O), Clifford Chance and Norton Rose have scooped lead roles on Barclays’ £4.5bn share issue. Norton Rose partner Martin Scott led the firm advising the China Development Bank in its purchase of £136m of new shares. Longstanding Barclays adviser Clifford Chance is leading the bank on the investment, which will see sovereign […]
Denton Wilde Sapte has advised Cadogan Petroleum on a London Stock Exchange (LSE) IPO to raise finance for its Ukrainian drilling programme. The listing raised £150m, giving Cadogan a market capitalisation of £531m – the second largest oil and gas IPO on the LSE main market by capitalisation, according to lead corporate partner Neil Vickers. […]
Mayer Brown and Rosenblatt Solicitors have won roles advising on the London Stock Exchange flotation of an Indian infrastructure fund. Infrastructure India, which launched last week (30 June), raising £36.7m, was represented by Mayer Brown corporate partner William Charnley. Rosenblatt corporate finance partners Jon Lovitt, Tom Ferns and Wayne O’Neil turned out for the financial […]
Clifford Chance has won its first major UK mandate from Nokia, as the mobile phone giant moves to take over mobile software company Symbian. Also lining up on the $410m (£206m) deal are Eversheds, Norton Rose and Slaughter and May. Clifford Chance corporate partner Joachim Fleury has been instructed as Nokia offers to buy the […]
Manches is leading the claim against two senior Iraqi ambassadors who have been accused by a former business partner of breaching their fiduciary duty.The Iraqi ambassador to the United Nations, Talib Hadi Hamid Al-Bayati, and the Iraqi ambassador to Iran, Mohammed Majeed Abbas Al-Shaik, have been accused by childhood friend Ali Abd Al Hussein Habib […]
Labour’s controversial Planning Bill, aimed at speeding up the planning process for projects such as airports and nuclear power stations, is likely to transform the role of lawyers in the planning process. Labour’s controversial Planning Bill, which is aimed at speeding up the planning process for big projects such as airports and nuclear power stations, […]
Corporate practices at magic circle firms have been rocked by dramatic falls in big-ticket M&A during the first half of 2008. Top UK firms have seen the total value of announced deals plummet by up to 90 per cent compared with the first six months of 2007. The figures, from financial information provider Thomson Reuters, […]
Shearman & Sterling’s London office has been hit with a further loss, with corporate star Peter King set to join Weil Gotshal & Manges. King, who joined Shearman from Linklaters in 2003, was responsible for developing Shearman’s City M&A and capital markets practice. His departure leaves Shearman’s London corporate practice with four partners and no […]
McGrigors’ London office has suffered a further partner departure, with capital markets head Martin Finnegan quitting to join Nabarro. The news comes just weeks after former managing partner Colin Gray left for Eversheds along with banking partner Colin McKay, who lost the firm’s leadership election earlier this year (TheLawyer.com, 4 June). McGrigors managing partner Richard […]
Crown Office Chambers has become the latest set to recruit from a law firm after taking on Lovells partner Dr Volker Triebel for its arbitration practice. Triebel joins as an associate member. He will remain at Lovells in Düsseldorf in an of counsel role. Crown Office senior clerk Julian Campbell said that Triebel, who has […]
Hogan & Hartson is launching its first office in the Middle East when it opens in Abu Dhabi next month. The Washington DC-headquartered firm will send London partner Ray Batla to the United Arab Emirates to set up the office on 1 August. Batla said having a permanent presence on the ground would be vital […]
Baker & Mckenzie Moscow has raided the legal arm of accountancy giant PricewaterhouseCoopers (PwC) for a team of 22 including three partners. Bakers’ Russian practice now has 26 partners in Moscow and St Petersburg . The three partners are real estate lawyers Konstantine Kouzine and Maxim Kuznechenkov and corporate partner Igor Makarov. They bring with […]