• June 21, 2012 |

    Top Russian investment bank RenCap kicks off 'very competitive' adviser review

    Russian investment bank Renaissance Capital has kicked off a review of its law firm roster after group head of compliance Mark Harris took up an expanded role as head of legal earlier this year.

    1 minute read

  • June 21, 2012 |

    O'Melveny recruits Korea duo for Seoul launch

    O'Melveny & Myers has announced plans to open an office in Seoul, becoming the latest law firm to target the Korea market, reports The Asian Lawyer. The Los Angeles-based firm says it has filed an application with the Korean Ministry of Justice to open an office in the country's capital. The new office will focus on antitrust and intellectual property litigation, as well as M&A.

    1 minute read

  • June 21, 2012 |

    Cleary checks in for competition role on new Ryanair Aer Lingus bid

    Cleary Gottlieb Steen & Hamilton has won a role to advise Ryanair on competition aspects of its latest bid for Irish aviation rival Aer Lingus. Ryanair, which already owns 30% of Aer Lingus, has made a new offer which values the airline at €694m (£560m). Arthur Cox chairman Eugene McCague is advising Aer Lingus on the corporate aspects of the bid, alongside Dublin corporate partner Stephen Hegarty, while it is understood that regular adviser A&L Goodbody is representing Ryanair on corporate law.

    1 minute read

  • June 20, 2012 |

    A&O and Wachtell among line-up on Walgreen's $6.7bn Boots purchase

    Allen & Overy (A&O) and Wachtell Lipton Rosen & Katz are among a line-up of firms advising on Walgreen's $6.7bn (£4.3bn) acquisition of a 45% stake in Alliance Boots, a tie-up that will create a global pharmacy giant with more than 11,000 stores in 12 countries. Wachtell and A&O are both advising the US pharmacy chain, which plans to complete a full merger with Alliance Boots in three years for a further $9.5bn (£6bn), as well as the assumption of the retailer's then outstanding debt.

    1 minute read

  • June 17, 2012 |

    Cleary and Linklaters take lead on second-largest IPO of year to date

    Cleary Gottlieb Steen & Hamilton and Linklaters are advising on what is expected to be the world's second-largest initial public offering (IPO) this year - the $3.1bn (£2bn) Malaysian listing of oil producer Felda. The Kuala Lumpur IPO of the state-owned company is second in size only to Facebook's $16bn (£10.2bn) listing on the Nasdaq in May.

    1 minute read

  • June 14, 2012 |

    Clear ambitions - how Cleary's London office has evolved

    Cleary's Simon Jay describes how his firm has evolved its London practice since opening in the City more than 40 years ago

    1 minute read

  • June 13, 2012 |

    Freshfields, CC and Bakers lead on €1.8bn Euro private equity deal

    Freshfields Bruckhaus Deringer and Clifford Chance (CC) are among a number of firms advising on Swedish private equity group EQT's €1.8bn (£1.5m) purchase of Germany's BSN medical, reports The Am Law Daily. EQT secured the deal after reaching an agreement with company management and Montagu Private Equity, which acquired the medical device company for roughly €880m (£700m) in 2005.

    1 minute read

  • June 11, 2012 |

    The Transfer Window: recent moves including CMS, Shoosmiths and K&L

    CMS Cameron McKenna has appointed Rita Lowe as its new UK head of banking and finance, replacing Will Meredith in the role. Lowe, whose practice focuses on advising distressed companies and investors, is currently leading the Camerons team advising Dewey & LeBoeuf's UK LLP on its wind-down proceedings, which is expected to take up to 12 months to complete.

    1 minute read

  • May 24, 2012 |

    Davis Polk and Cleary lead on $2.2bn buyout of Danish healthcare company

    Davis Polk & Wardwell and Cleary Gottlieb Steen & Hamilton's City arms have taken lead roles on Agilent's $2.2bn (£1.4bn) acquisition of Danish cancer diagnostics company Dako from private equity house EQT Partners.

    1 minute read

  • May 24, 2012 |

    The long run - a 25-year view of the Am Law 100

    "The profit increases by non-New York firms are just enormous. They are encroaching on the New York firms' historic position alone at the top..." - 25 years since the first Am Law 100 table, some fundamental patterns in the world's largest legal market can be seen...

    1 minute read