• September 6, 2012 |

    Cleary makes Middle East debut with Abu Dhabi office launch

    Cleary Gottlieb Steen & Hamilton has secured its first presence in the Middle East with the launch of an office in Abu Dhabi. The new office will be headed by partner Gamal Abouali, who has spent the past six years as a partner in Cleary's Paris base, before which he spent two years in the US firm's New York headquarters.

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  • August 31, 2012 |

    Cleary veteran joins Deutsche Bank as Germany and CEE legal chief

    Long-serving Cleary Gottlieb Steen & Hamilton banking partner Christof von Dryander is to join Deutsche Bank as general counsel for Germany and Central and Eastern Europe. Von Dryander will also work as general counsel for Deutsche's global asset and wealth management and private and business clients divisions.

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  • August 14, 2012 |

    Linklaters and Cleary lead on Bank of America wealth management sell-off

    Linklaters and Cleary Gottlieb Steen & Hamilton have taken lead roles on Bank of America Merrill Lynch's $882m (£563m) sale of its non-US private banking operations to Swiss private bank Julius Baer Group. The London office of Linklaters is advising the Swiss bank, which will increase its assets under management by 40% through the acquisition. The team is being led by London corporate partners Matt Bland and Dan Schuster-Woldan, who worked with lawyers from the magic circle firm's New York office including UK-qualified corporate partner Casper Lawson.

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  • August 5, 2012 |

    Cleary up front on China investment in Italy football giant Inter Milan

    Cleary Gottlieb Steen & Hamilton has overseen an Italian deal that has seen a group of Chinese investors take a stake in footballing giant Inter Milan. The acquisition has reportedly seen the investors take a 15% shareholding in the club, valuing it at around €500m (£396m).

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  • July 29, 2012 |

    Magic circle trio among legal line-up on third-largest IPO of year to date

    Three magic circle firms are among a legal line-up advising on the third-largest initial public offering (IPO) in the world this year - the $2bn (£1.3bn) listing of Malaysian healthcare services provider IHH Healthcare. The company has raised $2bn in an IPO and a secondary listing on the Kuala Lumpur Stock Exchange and the Singapore Exchange respectively, reports The Asian Lawyer.

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  • July 17, 2012 |

    US quartet score roles on GSK's $3bn biotech takeover

    Cleary Gottlieb Steen & Hamilton and Wachtell Lipton Rosen & Katz are among a host of US firms to take lead roles on GlaxoSmithKline's (GSK) $2.8bn (£1.8bn) acquisition of Human Genome Sciences (HGS), ending a three-month hostile pursuit of the biotech company after bettering its offer.

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  • July 16, 2012 |

    Clifford Chance gains approval to open in South Korea

    Clifford Chance (CC) has become the first UK firm to gain approval to open an office in South Korea. The magic circle firm's application to open in Seoul was approved by the Korean Ministry of Justice today (16 July), with the firm's licence to practise still pending approval from the Korean Bar Association.

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  • July 10, 2012 |

    Linklaters joins four-firm line-up for US role on $4.5bn WellPoint acquisition

    Linklaters' New York corporate team has picked up a lead role for WellPoint on its $4.5bn (£2.9bn) acquisition of healthcare rival Amerigroup. The magic circle firm fielded a US team led by corporate partner Dan Dufner for WellPoint - the second-largest health insurer in the US. He worked alongside US head of employment Bindu Culas, competition partner Jeff Schmidt, co-head of US banking Jeff Norton and tax partner Gordon Warnke.

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  • July 5, 2012 |

    Cleary and Linklaters advise on $3.2bn Malaysia listing

    Cleary Gottlieb Steen & Hamilton and Linklaters have taken the lead on the $3.2bn (£2.1bn) initial public offering (IPO) of Malaysian palm oil group Felda Global Ventures, which is set to become the largest listing in Asia since the start of 2012. US firm Cleary is advising the state-owned company, which is listing on the Kuala Lumpur stock exchange.

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  • June 28, 2012 |

    Sullivan leads for Barclays on $450m fine for interest rate manipulation

    Sullivan & Cromwell has taken the lead role for Barclays on its $450m (£290m) settlement over charges that it attempted to manipulate interest rates and made false reports to benefit its derivatives trading positions, reports The Blog of Legal Times. The US Commodity Futures Trading Commission (CFTC) and the Department of Justice (DoJ) Criminal Division brought the charges against the bank, with $200m (£130m) of the penalty going to resolve the CFTC's civil case — the agency's biggest-ever fine — and $160m (£100m) to settle the DoJ fraud case.

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