Practice Areas

Milbank London

Milbank makes space for an extra 85 City lawyers

As part of a long-term plan for the City, Milbank is taking additional floor space in its office to make room for growth. The firm is adding an extra 15,000 sq ft in its 100 Liverpool Street home. This means that over the course of the next 10 years, the firm will be able to […]

Spotlight: How Mishcon overturned an $11bn arbitration award

At The Lawyer Awards this week, seven teams were shortlisted for the Litigation team of the year prize. They were Quinn Emanuel Urquhart & Sullivan, Mayer Brown, Lewis Silkin, Mishcon de Reya, TLT, and joint entries from Browne Jacobson and Bevan Brittan, and Addleshaw Goddard and McDermott Will & Emery. While Addleshaws and McDermott, and […]

Mitsubishi MUFG

Nine firms win roles on MUFG’s new panel

Japanese-headquartered Mitsubishi UFJ Financial Group has appointed nine firms to its EMEA legal panel. Magic circle firms A&O Shearman, Linklaters and Clifford Chance have been reappointed to the panel, alongside Herbert Smith Freehills and Baker McKenzie. New firms to make the cut include Addleshaw Goddard, The Lawyer’s Law Firm of the Year, Latham & Watkins […]

Mastercard

One-fifth struck off Merricks/Mastercard class action, says Freshfields

The Competition Appeal Tribunal has handed down a judgment that time bars almost a third of the infringement period in the Merricks/Mastercard class action, as well as a fifth of the total claim, according to the defendant’s lawyers at Freshfields Bruckhaus Deringer. Class representative Walter Merricks’ claim had been brought to cover the period between […]

Bowden Philip index

A&O Shearman banking stalwart set to join Proskauer

A&O Shearman’s private capital sector co-lead — and also the former co-head of the magic circle firm’s banking group — is lining up a move to Proskauer Rose. The Lawyer understands that Philip Bowden is moving over to Proskauer after 25 years at legacy Allen & Overy (A&O). During that time he was promoted to […]

pushing back

City talk: Orrick’s VC strategy looks sensible, but defensive

Any City firm wanting to get serious in the transactional legal market has to be prepared to make considerable investments into its private equity practice, whether by attracting key hires or wooing big-ticket clients. But as firms compete for the attention of a Blackstone or EQT, Orrick Herrington & Sutcliffe is staying out of the […]

Rent increase

Norton Rose and Slaughters lead on housebuilder bid

UK housebuilder Crest Nicholson is fending off advances from larger rival Bellway, with Norton Rose Fulbright and Slaughter and May at the helm. On Friday, Crest rejected Bellway’s second bid for the company in the last two months, which valued it at £650m. A merger of the two companies could create a business with an […]

Serco

Clifford Chance client Serco settles shareholder group action

A mammoth securities action filed against Serco Group has settled, bringing the near-£150m claim to an end just a week after the trial began. The matter was due to be heard for five weeks and was one of The Lawyer‘s top 20 cases of 2024. Serco’s settlement is the latest in a long line of […]

Back to Latham: PE partner returns after Linklaters stint

An infrastructure partner from Linklaters is set to return to Latham & Watkins after just over a year at the magic circle firm. John Guccione is moving back to the US firm. He advises on a range of corporate and financing matters, with a particular focus on transactions involving regulated utilities, energy, and transportation assets. […]

Burges Salmon and Covington steer AOTI’s London float

Burges Salmon and Covington & Burling have led the listing of US-based medical technology group AOTI on the AIM market, as the London IPO space picks up. Burges Salmon corporate partners Dominic Davis and AJ Venter led for AOTI on the main ECM piece, along with associate Dan Wood. Support was provided by senior associate […]

Claim Spotter: New suit filed in Burlakov oligarch saga

Clash across the Atlantic as ING Bank takes on Bank of Utah Dutch multinational banking giant ING Bank has been hit with a new claim filed this week by the Bank of Utah (BoU), a community bank owned and operated in Utah, USA. BoU has instructed RPC, filing its claim in the Commercial Court last […]