The Financial Services and Markets Tribunal has cleared Leeds firm Fox Hayes of negligence, overturning an earlier Financial Services Authority (FSA) decision. The tribunal, which sat in London in June, ruled in favour of Fox Hayes, although the question of reducing an FSA penalty was complicated by the fact that former managing partner Robert Manning […]
A range of UK firms are celebrating roles on the new roster for Deutsche Bank Asset Management’s flagship alternative investment fund RREEF Alternative Investments. CMS Cameron McKenna, Field Fisher Waterhouse, Fladgate Fielder and SJ Berwin are all understood to have secured their relationships with RREEF following the review. RREEF handles investments in real estate, infrastructure, […]
Pinsent Masons has boosted its nuclear group with the hire of former government adviser Ian Downing as a consultant. Downing was director of international nuclear policy and programmes for the Department of Trade and Industry for eight years before his retirement this summer. In the late 1980s Downing was principal policy adviser on the staff […]
Cadwalader Wickersham & Taft’s London securitisation special counsel Nick Butler has left the firm to join Berwin Leighton Paisner (BLP) as a partner. His appointment bolsters BLP’s securitisation practice, which was formed last year following the appointment of partners Tamara Box from Lovells, former European general counsel of FinancialGuarantee Insurance Company Paul Severs and Tom […]
Schultze & Braun, Germany’s third-largest insolvency practitioner, which has offices in 27 German cities, from Achern to Wuppertal, has opened up in the City of London. It was the first German insolvency practice to move outside Germany when it moved to Strasbourg in March 2007. The next destination will be New York. Schultze employs 70 […]
CMS Cameron McKenna has rejoined one half of its insurance group to the other in its new City offices in Leadenhall Street. The team was separated when Camerons opened for business there in July 2006 in a bid to be closer to the insurance markets. The move fits in with the firm’s new sector-focused strategy, […]
National firm McGrigors is being sued for negligence by former client the Authors’ Licensing and Collecting Society (ALCS). In a High Court claim the ALCS, which collects royalties for authors, said the firm failed to exercise a break clause on the lease of its London offices. According to the claim, which was issued by the […]
The Nursing and Midwifery Council (NMC) has appointed regulatory firm Capsticks to work on investigations of allegations regarding fitness to practise. The London-based firm, which competed in a beauty parade for the appointment, has placed Daniel Purcell as the relationship partner leading the team working on the exercise. “Working in partnership with the NMC will […]
Shearman & Sterling has hit out at its rivals during a tense $1bn (£489.37m) arbitration between Spanish company Repsol and Algerian state-owned energy group Sonatrach. Shearman global arbitration head Emmanuel Gaillard is leading a three-partner team for Sonatrach, which kicked Repsol and partner Gas Natural off a project to develop a EURO5bn (£3.46bn) Gassi Touil […]
Mayer Brown‘s ally in Spain Ramón & Cajal has been hit by the departure of key real estate partner Fernando Marin to independent firm Rodés & Sala Abogados. The move is a boost to the growing Madrid office of Rodés, which has its headquarters in Barcelona. Rodés Madrid managing partner Julio Veloso said: “He’s really […]
Barlow Lyde & Gilbert’s (BLG) corporate practice has had a major fillip by landing a lead role on a headline £1bn merger. The litigation-heavy firm is advising longstanding client First Milk on its proposed tie-up with Milk Link, which will form one of the UK’s biggest dairy cooperatives. The deal, which is at the due […]
Kirkpatrick & Lockhart Preston Gates Ellis (K&L Gates) has won its first AIM instruction for Kaupthing Singer & Friedlander Capital Markets since the stock exchange granted Iceland’s largest bank nominated adviser (nomad) status. K&L Gates advised Kaupthing as broker on the AIM listing of vocational training company Melorio, which was advised by DLA Piper. Kaupthing […]