Taylor Wessing has bagged the lead role advising the administrators of Christmas hamper company Farepak on its insolvency proceedings. Partner Alison Goldthorp has been instructed by BDO Stoy Hayward adminstrators Martha Thompson and Shagun Dubey to act on the adminstration. Farepak provided Christmas hampers and vouchers to families in exchange for periodic payments throughout the […]
DLA Piper has continued its Italian hiring spree, hiring the Italian general counsel of international real estate development company Foruminvest. Matteo Troni, who had previously worked at Studio Legale Chiomenti and Freshfields Bruckhaus Deringer before moving in-house, will join DLA’s Milan office. The hire follows that of two finance partners and eight fee-earners in October, […]
A coalition of councils, probation boards and penal reformers has formed to lobby the Government to let local authorities play a greater part in tackling the UK’s chronic problem of criminal reoffending and in rescuing its overloaded prison system. The Coalition of Social and Criminal Justice, which has members including the Local Government Association (LGA), […]
Edinburgh-based Cairn Energy’s decision to float on the Bombay Stock Exchange has generated choice roles for Davis Polk & Wardwell, Slaughter and May and Indian stalwart Amarchand Mangaldas & Suresh. The energy company, the Indian assets of which lie mainly in Rajasthan oil fields, also used its preferred Scottish adviser Shepherd & Wedderburn on the […]
Linklaters and Travers Smith scored lead roles on the latest infrastructure deal, acting on ports owner Peel Group’s disposal of a significant stake to RREEF. Peel is understood to be valued at £1.6bn. The auction, involving Peel’s sale of a 49 per cent stake, saw RREEF, an infrastructure fund controlled by Deutsche Bank, defend a […]
DLA Piper joins PwC to aid disadvantaged school kids in New York” />DLA Piper’s New York office has launched a pro bono project in the city, working with other activist legal groups for a government organisation to help improve facilities and access for the city’s pre-school and primary students from low-income areas. DLA Piper has […]
Manchester firm Heatons has scored a major role on a £320m retail acquisition that cements the three-partner firm’s relationship with Icelandic retail group Baugur. The deal also generated instructions for SJ Berwin and Slaughter and May. Mosaic, the owner of Oasis and Karen Millen, acquired Rubicon Retail, which owns the Pied-à-Terre and Warehouse brands among […]
Sullivan & Cromwell has profited from Barclays Capital’s (BarCap) first major foray into the North American market through its purchase of a 40 per cent stake in Texas-based NGP Energy Capital Management, a $2.9bn (£1.52bn) private equity house focused on oil and gas production. Managed out of the firm’s New York office, Sullivan’s team was […]
Debevoise & Plimpton insurance partner Jeremy Hill has consolidated his relationship with insurance giant Catlin Group as he advises the US company on its offer for rival Wellington Underwriting. Catlin announced last week (30 October) that it had made an offer to buy its Lloyd’s competitor in a deal valued at £591m. The company’s general […]
A coalition of top legal, business and civil rights groups has failed in its bid to ensure better safeguards on how people can be extradited from the UK. Following high-profile extraditions, including those of the NatWest Three bankers in July 2006, the Confederation of British Industry (CBI) and Institute of Directors, together with human rights […]
Allen & Overy‘s (A&O), Ashurst‘s, CMS Cameron McKenna’s, Denton Wilde Sapte’s (DWS) and Herbert Smith’s project practices have all received boosts this month through key London transport infrastructure deals. However, the news has not been as good for Linklaters, which has been driven out of the £5bn M25 widening project after its client was cut […]
Liverpool-based firm DWF has bagged a lead role advising Kwik Save on its £30m refinancing and expansion, acting opposite Linklaters, which retains Somerfield as a client despite the loss of its relationship partner. Supermarket chain Kwik Save is in the process of purchasing 40 further stores from Somerfield. The move follows the investment of £30m […]