Filter This View

  • December 21, 2009 |

    Mayer Brown and Latham lead on $8.5m Ernst & Young settlement

    Mayer Brown and Wilmer Cutler Pickering Hale and Dorr have taken roles advising Ernst & Young (E&Y) in settlement talks with regulators over the accounting firm's failure to report fraudulent activity at one of its clients, reports The Am Law Daily. The Securities and Exchange Commission (SEC) had accused E&Y of issuing unqualified audit opinions that said that Chicago-based company Bally Total Fitness's 2001 and 2003 financial statements conformed with US accounting rules.

    1 minute read

  • December 1, 2009 |

    Weil Gotshal makes up just three to partnership as London misses out

    Weil Gotshal & Manges has announced a depleted partner promotions round, with just three lawyers set to join the partnership on 1 January 2010. No London-based lawyers will join the firm's partnership in this year's round, with the total of three promotions representing less than half of last year's tally, when seven were made up worldwide, including one in the City.

    1 minute read

  • November 25, 2009 |

    Restructuring and insolvency: The clean-up crew

    With debt hard to come by in the post-crunch age, the current restructuring and insolvency market is, according to the Blackstone Group's Martin Gudgeon, rapidly changing. He comments: "[We have] moved from resolving liquidity crises of cash-starved businesses to resolving poor investment returns of over-leveraged businesses. And now we [are] heading into resolving prospective refinancing hurdles."

    1 minute read

  • November 17, 2009 |

    A&O acts alongside US duo on $275m gaming company sale

    Gibson Dunn & Crutcher, Allen & Overy (A&O) and Wilson Sonsini Goodrich & Rosati have taken lead roles on the $275m (£164m) sale of gaming company Playfish to Electronic Arts Nederland (EA). Playfish instructed Gibson Dunn, with the deal marking the second transaction the US firm has carried out for the company's founders.

    1 minute read

  • October 7, 2009 |

    Clifford Chance votes in Sandelson as new global litigation chief

    Clifford Chance (CC) has named its new global litigation chief with Jeremy Sandelson winning the hotly-contested election. Sandelson has held the role of London managing partner since 2005 after spending a term as UK head of litigation.

    1 minute read

  • September 30, 2009 |

    Sandelson and Brock contest CC global litigation chief role

    Clifford Chance (CC) is set to elect a new global litigation chief next week, with a contested election already underway. Current London managing partner Jeremy Sandelson and litigation partner Denis Brock are competing for the post, with a decision expected to be reached next week.

    1 minute read

  • September 16, 2009 | International Edition

    Take your chances

    After dominating the 1990s, Clifford Chance has weathered a turbulent decade and a brutal financial year. Georgina Stanley assesses if the firm can regain its former glory

    1 minute read

  • September 16, 2009 |

    Take your chances

    After dominating the 1990s, Clifford Chance has weathered a turbulent decade and a brutal financial year. Georgina Stanley assesses if the firm can regain its former glory

    1 minute read

  • September 16, 2009 |

    French revenue rankings reveal contrasting fortunes

    Rankings from French law publication Juristes Associes show that Taylor Wessing's French operations saw the steepest revenue drop in France, with turnover falling 35% from €23m (£20m) to €15m (£13m) in 2008-09. The figures show that the firm's local office, which last year saw 12 partners leave for Nixon Peabody in a move which resulted in litigation between the two firms, fell from number 35 to number 50 in the rankings as a result of the plunge.

    1 minute read

  • September 11, 2009 |

    CC advises Vivendi on $2.9bn Brazil bid

    Clifford Chance (CC) is advising French media conglomerate Vivendi on its surprise offer to buy Brazilian telecom company GVT Holding for $2.9bn (£1.76bn), writes The AmLaw Daily. Vivendi, which owns Universal Music Group and the video game company Activision Blizzard, plans to finance the deal with existing credit facilities it set aside for acquisitions, according to Bloomberg and the Wall Street Journal. Marcus Billam is leading the CC team from the firm's Paris office.

    1 minute read