Italian law firm Carnelutti scooped the role of adviser to Israel’s Dai Telecom on its first transaction in Europe Under the deal, Dai Telecom, a subsidiary of Israel-based Polar Investments, will lease the operational network of Italy’s Finmek Telit. Dai Telecom will also have the option of acquiring Telit, which manufactures telephones for operatorsincluding Telecom […]
Does Allen & Overy know something the rest of the City doesn’t? Alex Wade reports on the Albanian legal market There is a road in Tirana, Albania’s capital, near the courts, that catches the eye. Not for the eclectic colour scheme of its buildings (a feature of much of the city); nor for the market […]
Malta Financial Services Authority gets serious in preparation for EU membership. Brendan Malkin reports Malta has spent the last decade trying to prepare itself for accession to the EU, introducing a raft of laws designed to shake off its image as a stereotypical offshore tax haven. But it now stands uniquely in an economic no […]
After 10 months of painful negotiations between Allen & Overy (A&O), Cleary Gottlieb Steen & Hamilton and Swiss firm Homburger, US private equity firm Texas Pacific Group is on the verge of completing its acquisition of Gate Gourmet. Swissair Group, represented by A&O and Homburger, will recoup $675m (£437m) for Gate Gourmet, the world’s second […]
It’s that time of year again. The results of a year-long endeavour are awaited and while jubilation awaits the winners, heartache and a ‘maybe-next-year’ mentality beckons to the losers. Eurovision has been and gone, but The Lawyer Awards – the definitive reckoning of law firm performance – still have to be decided.Insurance firms do not […]
KPMG-linked KLegal has earned millions of pounds for employment law advice on the huge SwissAir/CrossAir restructuring The international employment relations division provided CrossAir with advice in 67 jurisdictions, bringing work to several other divisions of KPMG.A team led by the head of international employment relations Tim Johnson was appointed by CrossAir corporate counsel Gabriele Hoffman […]
US firm to focus on PFI/PPP in Central and Eastern Europe Altheimer & Gray has launched a 24-lawyer Central and Eastern European projects group as it looks towards opening an office in Serbia.The projects group will focus on PPP and PFI work in the region, and will be led by London partners Anthony Fine, Edward […]
Allen & Overy’s (A&O) corporate department has scooped a major new client in the form of leading Croatian bank Zagrebacka Banka (ZB).A&O first met ZB on the other side of a deal in May 1998. A&O’s Andrew Wilson had been advising Daiwa and Merrill Lynch as underwriters on a global offering of shares in Pliva […]
En gardE! It’s turkey drummers at dawn for the duel between Bernard Matthews and the French Ministry for Agriculture An ongoing feud between the two sides over the trademark Label Rouge was given renewed impetus last week, when Mr Justice Collins ruled that new evidence could be introduced at the forthcoming appeal hearing.A Mayer Brown […]
UK giants in Candover acquisition boon; Linklaters plods on despite missing fees Clifford Chance, Allen & Overy (A&O) and Swiss firms Bar & Karrer and Prager Dreifuss have come out on top on Swissair’s sale of its standalone ground-handling business, Swissport, to Candover Investments for $344m (£240.7m).However, Linklaters and Swiss firm Homburger, which both advised […]
The National Bank of the Republic of Macedonia has appointed niche practice Maxwell Batley and retained it as its exclusive UK firm The Maxwell Batley team will be led by barrister Andrew Veen, who joined from Fenwick & Co last May, and will also include banking partners Jonathan Ashbridge and Fraser McColl.Veen, who focuses on […]
The London office of US firm Altheimer & Gray has beaten City competitors to win work from the Privatisation Agency of Serbia. London office partner Nick Towle has been seconded to the agency for three months to prepare for a wholesale privatisation of state assets.Towle will advise on building a database of transaction documents and […]