• March 13, 2014 |

    Former Allens Singapore head joins Rajah & Tann to head energy group

    The former head of Allens' Singapore office Marae Ciantar has joined local outfit Rajah & Tann to lead the 20-lawyer energy and resources group. Ciantar, who played a key role in growing the Australian firm's clientbase in South East Asia, was the last Allens partner to leave the Singapore base after the tie up with magic circle firm Linklaters saw the two firms combine offices in the island state.

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  • March 10, 2014 |

    New group heads for BLP's finance team as Dann looks to steady the ship

    Berwin Leighton Paisner has continued the rebuilding of its finance department following a number of high-profile exits with the appointment of two new group heads. Naveen Vijh has been named as the firm's new real estate finance (REF) chief after his predecessor Laurence Rogers led a three-partner move to DLA Piper last month.

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  • March 6, 2014 |

    Two more quit BLP's finance team as new boss faces tough job to stem partner exits

    Berwin Leighton Paisner's (BLP) finance practice has had something of a revolving door recently, with the announcement of a new practice head last week prompting yet more departures. Since September a total of 13 partners have left BLP – a mix of voluntary and forced moves – with the majority coming out of the finance team. Two more – structured finance partner Lucy Oddy and real estate finance partner Andrew Flemming – are expected to hand in their notice next week. Things started to look precarious when, following months of speculation about a significant drop in profitability, BLP finally revealed its 2012-13 financial results in September. Profit per equity partner (PEP) had plummeted 39% to £401,000, while net profit had fallen 38% to £39.4m.

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  • February 28, 2014 |

    Trio of partners quit BLP for DLA in wake of finance chief appointment

    Three Berwin Leighton Paisner partners, including head of real estate finance Laurence Rogers, have resigned from the firm to join DLA Piper. Rogers has left the firm alongside commercial real estate partner Richard Hopkinson-Woolley and corporate tax partner Neville Wright.

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  • February 27, 2014 |

    HSF misses out on Singapore local licence, W&C gets conditional permit

    Herbert Smith Freehills will not practice local law in Singapore from October this year after not renewing its Qualifying Foreign Law Practice (QFLP) licence. The UK firm was one of six outfits originally permitted to practice local law in 2008 and understood to have been in discussions with the authorities about renewing its licence along with the other firms.

    1 minute read

  • February 26, 2014 |

    Adam Dann appointed BLP's finance head as department review comes to a close

    Berwin Leighton Paisner has named Adam Dann as its new finance head, replacing Matthew Kellett following his resignation last year. Dann, head of projects and infrastructure at the firm, was one two names in the frame, along with head of real estate finance Laurence Rogers.

    1 minute read

  • February 26, 2014 |

    Shearman, Jones Day and Covington partners to join Freshfields trio in establishing new arbitration firm

    Partners from Shearman & Sterling, Jones Day and Covington & Burling are set to join three senior disputes lawyers from Freshfields Bruckhaus Deringer in establishing a global arbitration boutique.

    1 minute read

  • February 19, 2014 |

    Jones Day to open second Australian base in Perth with Allens hire

    Jones Day is to open its second base in Australia with an office in Perth this April. The US firm has hired Allens partner construction partner Stephen McComish to head up in the city, and said it plans to focus on projects and project-related disputes and the energy sector. It currently has one Australian office in Sydney which opened in 1998 and now counts 40 lawyers, of which 13 are partners.

    1 minute read

  • February 19, 2014 |

    Singapore expected to announce successful licence renewals this month

    The first international law firms to receive local licences to practice in Singapore are expecting to hear later this month whether they have will be renewed

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  • February 12, 2014 |

    TTIP of the iceberg – what the Transatlantic Trade and Investment Partnership means for lawyers on both sides of the Pond

    It has been billed as the largest free trade agreement in history, yet many trade lawyers are still in the dark when it comes to the details of the Transatlantic Trade and Investment Partnership (TTIP) deal. TTIP, which was announced last summer and is now being negotiated, will for the first time create a trade treaty between the US and the EU in its entirety. Designed to drive growth by removing trade barriers and tariffs, independent research cited by the European Commission suggests the annual benefits could be as much as €120bn (£99.9bn) to the EU economy, €90bn (£74.9bn) to the US and €100bn (£83.2bn) to the rest of the world. "Everybody is going to be affected by this, and it really will change the balance of political power," says Ross Denton, a UK-qualified partner in Baker & McKenzie's European competition and trade department. "In recent years the balance [of US trade] has been gradually shifting towards Asia, because they don't have the same heavy tariffs. But if you eliminate most tariffs between the EU and US, then this will have huge ramifications for business."

    1 minute read