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 […]
Australian firm Minter Ellison has cast aside market pressure to advise online gaming company Betcorp on the £4.8m sale of its operations to Bodog Entertainment. The Australian firm has continued to represent the online gaming company despite UK firms such as Allen & Overy, Herbert Smith and Slaughter May having shunned the sector in the […]
More than half the nation’s law schools are now involved in pro bono work, new research reveals. A survey conducted by LawWorks, formerly known as the Solicitors Pro Bono Group, shows that 53 per cent of UK law schools now run pro bono projects. A further 12 per cent of schools are due to launch […]
Herbert Smith has won its first instruction from private equity house CVC Capital Partners through the firm’s alliance with Stibbe, bolstering both firms’ equity and capital markets practices. Herbert Smith senior associate Adam Wells and Stibbe head of corporate Heleen Kersten led the deal, which sees Dutch plastic pipe supplier Wavin float for e370m (£248.7m) […]
Clifford Chance, DWS handed roles on LSE sukuk flotation” />Clifford Chance and Denton Wilde Sapte (DWS) scored lead roles on the flotation of a $225m (£120.38m) Islamic bond, or sukuk, on the London Stock Exchange (LSE), only the second sukuk to have done so. The Sharjah Islamic Bank (SIB) issued the five-year term sukuk and […]
Linklaters has continued its dominance of the mining sector, with the firm understood to be advising Peruvian silver miner Hochschild Mining on its proposed IPO and listing on the London Stock Exchange (LSE). Linklaters corporate partners Charlie Jacobs and Stuart Bedford were in Peru last week at the same time as Hochschild announced it was […]