Simpson Thacher scales back City promotions in 11-strong round

Simpson Thacher & Bartlett has announced the promotion of 11 new partners, including one lawyer in London.

The firm has made up 11 globally for two consecutive years now, making it its fourth largest promotions round in 10 years. In 2006, Simpson Thacher announced 13 new partners, while 12 were made up in 2011.

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Permission in principle – growth, renewal, protect

The biggest shake up of the planning system since 1947 continues apace with the announcement, on 2 August, of government plans to create an automatic green light for development within specifically designated areas of the country.

Setting aside company transactions involving Jersey, Guernsey and BVI companies

Financial pressure can change perspectives on transactions – whether through the lens of an insolvent winding up, in the context of a counterparty or related interested party exploring ways in which they might unravel a transaction, or a new board considering whether a company can extricate itself from contractual arrangements that appear to have been subject to a conflict of interest or which were for an improper purpose.

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Barclays shakes up in-house legal team with global appointments

Barclays has made a number of high profile general counsel appointments in the US as part of an ‘alignment’ exercise with the rest of the business. Casey Kobi, a former Sidley Austin associate, has been promoted to global head of banking at Barclays. For the past four years, Kobi has been head of banking legal for the Americas and began his in-house career with Barclays in 2005. Prior to that, he was a vice president of the investment banking division of Lehman Brothers.

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