• November 8, 2012 |

    Simpson Thacher recruits A&O private equity co-head for City base

    Allen & Overy (A&O) global private equity co-head Derek Baird has resigned to join Simpson Thacher & Bartlett in London. Baird will join the elite US firm as a partner in the City corporate group, taking the total number of partners in the local practice to 12.

    1 minute read

  • November 3, 2012 |

    Slaughters, Sullivan and Davis Polk eye big returns from key China IPO

    Slaughter and May, Sullivan & Cromwell and Davis Polk & Wardwell have picked up lead advisory roles as the state-owned People's Insurance Company of China (PICC Group) draws closer to completing its multi-billion dollar Hong Kong initial public offering (IPO).

    1 minute read

  • November 1, 2012 |

    US law firms tap China's go-private market amid global IPO slump

    Latham and Kirkland among firms benefiting from booming take-private sector, says Elizabeth Broomhall

    1 minute read

  • November 1, 2012 |

    DLA and A&O lead on landmark Turkey bond deal for drinks giant

    DLA Piper and Allen & Overy (A&O) have advised on a $500m (£310m) ten-year bond offering for Turkish beer and soft drinks group Anadolu Efes, in the first corporate bond of its kind in Turkey. Anadolu Efes, one of Europe's largest brewers, operates in a number of countries including Turkey, Russia and others within the CIS and Middle East.

    1 minute read

  • October 29, 2012 |

    Freshfields and Slaughters lead on Penguin Random House merger

    Freshfields Bruckhaus Deringer and Slaughter and May have picked up leading roles alongside two US firms on the planned joint venture between Penguin and Random House, which will create a consumer publishing giant with combined revenues of around £2.5bn. UK media group Pearson and German rival Bertelsmann confirmed today (29 October) that they have agreed to combine their respective publishing outfits, with Random House owner Bertelsmann set to own 53% of the new Penguin Random House joint venture and Penguin parent Pearson the remaining 47% stake.

    1 minute read

  • October 11, 2012 | International Edition

    Moods in Manhattan – mixed messages from the world's legal capital

    You don't really appreciate until you talk to Manhattan lawyers in their own habitat how Wall Street firms at times seem weighed down by history. In London, partners often struggle to remember as far back as the 1990s. But their counterparts in the bustling yet conservative Manhattan community still find their focus drawn to key moments in their firm's past.

    1 minute read

  • October 11, 2012 |

    Moods in Manhattan – mixed messages from the world's legal capital

    You don't really appreciate until you talk to Manhattan lawyers in their own habitat how Wall Street firms at times seem weighed down by history. In London, partners often struggle to remember as far back as the 1990s. But their counterparts in the bustling yet conservative Manhattan community still find their focus drawn to key moments in their firm's past.

    1 minute read

  • October 11, 2012 |

    Linklaters advises PwC on agreement over $38bn Lehman claims

    Linklaters has advised PricewaterhouseCoopers (PwC) on an agreement in principle to resolve all claims between Lehman Brothers (LBI) and Lehman Brothers International (Europe) (LBIE), totalling $38bn (£23.7bn). The agreement, which marks a key milestone in the Lehman Brothers administration, means assets owed to LBIE's customers can now be distributed to customers and creditors.

    1 minute read

  • October 1, 2012 |

    News Corp hires ex-WilmerHale and Davis Polk lawyers in compliance push

    News Corporation has appointed five group chief compliance officers (GCCOs) in a shake-up of its global compliance structure, including an ex-US federal prosecutor and a former lawyer at the Securities and Exchange Commission (SEC). The new compliance structure will be headed up by the recently installed group GC and chief compliance officer Gerson Zweifach, who was brought in this February to steer News Corp's efforts to shake up its governance following the phone-hacking scandal.

    1 minute read

  • September 25, 2012 |

    Slaughters mulls adding US-qualified partners in Asia

    Slaughter and May is mulling adding US law capability to its Hong Kong office, after a spate of US firms launched local practices in the region. The magic circle firm is considering whether to hire US-qualified lawyers for its Asia base - a move which would involve lateral partner hires and would represent a break from the firm's traditional strategy of organic growth.

    1 minute read