Theodore Goddard oversees TSB deal

Theodore Goddard has played a key role in the Lloyds Bank £5 billion takeover of TSB, a deal set to create a £15 billion financial services giant.

Theodore Goddard, TSB's lawyers since the bank's 1986 flotation, worked with teams from Freshfields and Linklaters & Paines to complete the deal.

Freshfields, lawyers to the Bank of England, was brought in to advise TSB on banking and related regulatory matters.

Martin Chester, corporate partner heading Theodore Goddard's team, said: “We are working closely with Freshfields in a co-operative effort. They obviously have a good banking practice.”

Chester's team includes corporate partner John Clark,

regulation partner Simon Goodworth, partner Peter Cooke and five assistants. Freshfields' team, led by Anthony Salz, includes Edward Braham, Will Lawes, John Part, Tim Ling and Simon Evans.

Both firms are working with Linklaters on the offer document for TSB shareholders.

Linklaters' team of partners comprises of Donald Williams and Stephen Bull on corporate matters, Pauline Ashall on regulation, Conor Hurley on tax and David Hall on anti-trust law.