Influx of retired judges threatens to flood arbitration and ADR markets
There is a world beyond the bench – provided practitioners know where to look for it.
Reed smith wins role on AOL’s bebo buyout
The London office of Reed Smith Richards Butler has won a minor role in a major US technology deal, handling UK issues on AOL’s $850m (£424.24m) cash buyout of social networking site Bebo.
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Lovells to act on ICTS europe holdings sale
Lovells has landed an instruction from German private equity house Deutsche Beteiligungs advising on its e100m (£78.73m) acquisition of ICTS Europe Holdings.
Magnificent ’07: The Lawyer US Top 50 2007
Despite, or perhaps even because of, the rocky trading conditions, 2007 will be remembered as a banner year for the top US law firms – as The Lawyer’s exclusive research reveals
The Rocky road to ruin
After weeks of threats it looks as if the Government is finally going to be sued over its handling of the Northern Rock fiasco.
Lovells bags role on sale of Moscow hotel and offices
Lovells has landed a role advising the vendors on a major real estate deal in Moscow, with the transaction being led out of London.
ICC Arbitration chief quits after strategy row
The ICC International Court of Arbitration chairman Pierre Tercier has resigned after a disagreement about the future direction of the court. Tercier’s resignation, which will take effect from the end of June, follows a decision by the ICC chairmanship, headed by Marcus Wallenberg, that it would not propose a renewal of his term in office […]
A&O banking partner moves in house at TAQA
Allen & Overy (A&O) banking partner and former New York chief Carl Sheldon has joined the Abu Dhabi National Energy Company (TAQA) as its first ever general counsel. Sheldon was lured away from the magic circle firm after being introduced to TAQA through A&O’s banking practice. TAQA has had close links with the firm since […]
Simmons defends Abu Dhabi bank against gambling claims
Simmons & Simmons has defended National Bank of Abu Dhabi (NBAD) against claims that it was liable for a gambler’s £100m of debts. Grosvenor Casinos claimed that NBAD had extended credit to Wealthy Middle-Eastern businessman Mr Ahmed Al-Reyaysa, who incurred the debts at one of its London casinos. Al-Reyaysa gambled £99m and lost over £18m […]
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Mills-McCartney judgment reveals all
Heather Mills has failed in her attempt to block the publication of the judgment handed down in her divorce from Paul McCartney. Mills, who yesterday (17th March) was awarded a £24.3m settlement after representing herself in the divorce proceeding, argued that the judgment should not be made public because it would breach privacy legislation. However, […]
Skadden and Wachtell seal Bear Stearns buyout
Skadden Arps Slate Meagher & Flom and Wachtell Lipton Rosen & Katz have scooped lead roles on JPMorgan Chase’s acquisition of troubled investment bank Bear Stearns. Skadden partner Peter Atkins is leading the team advising beleagured bank Bear, while Wachtell partners Edward Herlihy and Nicholas Demmo are leading the team advising JPMorgan on its $236m […]
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Jimmy Savile turns to Fox Hayes for action against The Sun
Leeds-based firm Fox Hayes has commenced legal action against The Sun newspaper on behalf of TV personality Jimmy Savile. Savile, the star of children’s television favourite Jim’ll Fix It, decided to start proceedings against the Rupert Murdoch paper after a series of articles linked the former Radio One DJ with Jersey children’s home Haut de […]