Global news

Quinn and Norton Rose face off in Ukraine-Russia bond battle

Quinn Emanuel Urquhart & Sullivan has secured victory for Ukraine in a long-running stand-off between the nation and Russia over the terms of a $3bn bond. The case was heard in the Court of Appeal last week, with the decision overturning a previous one made by the now-retired Mr Justice Blair – brother of former Prime […]

Dubai

Pillsbury shuts doors in Dubai after just one year

Pillsbury Winthrop Shaw Pittman has become the latest US firm to review its operations in the Middle East, closing two offices in the region. The firm has shut its doors in Abu Dhabi and Dubai, the latter office opening in the second quarter of 2017. The decision follows the departure of Pillsbury’s Middle Eastern co-head […]

unilever

Linklaters takes the lead on Unilever’s corporate overhaul

Davis Polk & Wardwell and Linklaters have advised on the simplification of Unilever corporate structure, in which its Dutch and UK entities have been merged to create one listed holding company. As a result, Unilever’s UK business will join with the Dutch entity to create New Unilever NV. The company will be listed in three jurisdictions; […]

VW cars automobile transport

VW faces £8bn damages claim from shareholders in Germany

Volkswagen (VW) is facing a new €9bn (£8.1bn) claim from roughly 4,000 shareholders in light of the company’s emissions scandal. Despite the fact that the automobile giant is a key client of Freshfields Bruckhaus Deringer, giving a number of instructions in Germany, VW is instead instructing German firm SZA Schilling Zutt & Anschutz on the matter. The […]

paris

Dechert nabs Paris finance team from Mayer Brown

Mayer Brown has lost a five-lawyer real estate and finance team to Dechert’s Paris office, as the recruitment market continues to heat up in the French capital. Dechert partner Privat Vigand is leading the team’s move to Dechert, along with four associates – Guenaëlle Taroni, Antoine Periat, Fanny Roiena and Pauline Keller. Vigand has been at […]

Shanghai urban network - Stock image China - East Asia, Shanghai

China’s Zhong Lun gets behind new AI platform to boost trade

A new bilingual legal tech platform has been launched in China that could save lawyers “lost in translation” and boost foreign investment going into and out of the country. Supported by Beijing officials and a pool of international law firms, beta trials are underway to test docQbot, a cloud-based contract bot said to draft quality […]

Guangzhou

Fieldfisher adds third office in China with group hire

Fieldfisher has opened its third Chinese office in as many years, hiring three partners for a new operation in Guangzhou. The firm launched in Beijing and Shanghai in 2016 and 2017 respectively amid a period of rapid international expansion. In the last two financial years, Fieldfisher’s revenue has shot up 68 per cent from £123m to […]

Madrid

Pinsents settles row with former best friend over Madrid office launch

The dispute surrounding Pinsent Masons‘ Madrid office opening has ended with the firm reaching a settlement with former Spanish best friend Ramon y Cajal (RyC). Late last year, it emerged that the firm was being sued over the launch of its office in the Spanish capital after the UK-based firm hired four of Ramon’s lawyers […]

munich germany

Latham boosts German operations with new litigation hire

Latham & Watkins have made yet another hire in Europe, bringing Baker McKenzie litigation partner Thomas Grützner on board in Munich. During Grützner’s 14-year tenure at Baker McKenzie, he built his practice advising corporate and financial institution clients on a variety of complex compliance and white collar crime matters. He lectures on white collar and compliance topics […]

blockchain

Clifford Chance partner takes top legal job at blockchain developer

Clifford Chance corporate finance partner Alex Erasmus is to join a blockchain software company later this year as its new chief legal officer. London-based Erasmus will join the executive committee of Block.one in Hong Kong. Block.one is the software publisher behind open-source blockchain protocol EOSIO, which was launched in June 2018 and provides secure and […]

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