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  • July 12, 2012 |

    That escalating Libor scandal – a great big wind, but not an ill one for lawyers

    "Law firms are having a field day on Libor," comments a London litigation head at a US law firm, summing up the private mood in the week following Barclays' admission to manipulating global interest rates. Even for banking advisers grown used to continually expanding levels of contentious and regulatory work from institutional clients, the furore in the wake of the bank's announcement that it had agreed a $450m (£290m) settlement looks to kick things up to a whole new level, legally speaking

    1 minute read

  • July 8, 2012 |

    CC takes on double Libor role for Barclays and RBS with Chinese wall

    Clifford Chance (CC) is advising both Barclays and the Royal Bank of Scotland (RBS) on the fallout from the Libor scandal, with a Chinese wall set up to avoid potential conflicts. The magic circle firm has been instructed as UK counsel to Barclays alongside US firm Sullivan & Cromwell, which recently advised the bank on its multimillion-dollar settlement with US regulators for interest rate manipulation and false accounting charges.

    1 minute read

  • June 28, 2012 |

    Bain Capital credit arm set to assemble European adviser panel

    Bain Capital's credit affiliate Sankaty Advisors is set to create an informal panel of law firms in Europe, with Kirkland & Ellis (pictured), Ropes & Gray and Ashurst among those hoping to benefit from the move.

    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 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 14, 2012 |

    The new, new wave - the rapid expansion of the newest entrants to the London legal market

    As new firms continue to flock to London, the cautious growth of earlier entrants has been cast aside in favour of heavy investment and dramatic expansion. JDG Chambers reports

    1 minute read

  • June 12, 2012 |

    US trio take key roles on $1bn Apax software group buyout

    A trio of US firms are advising on a $1bn (£644m) private equity deal that has seen UK-based private equity house Apax Partners team up with US tech investor JMI Equity to acquire software group Paradigm, reports The Am Law Daily. Skadden Arps Slate Meagher & Flom is advising Paradigm on the transaction, while Kirkland & Ellis is serving as outside counsel to Apax.

    1 minute read

  • June 7, 2012 | International Edition

    From the magic circle's sick man to a robust revival – CC's deal team shows renewed vitality

    "Even CC's harshest critic would find it hard to dispute that, at a time when M&A activity remains in the doldrums, the firm has managed to secure an impressive run of roles on some of the most high-profile deals of the year..."

    1 minute read

  • June 7, 2012 |

    From the magic circle's sick man to a robust revival – CC's deal team shows renewed vitality

    "Even CC's harshest critic would find it hard to dispute that, at a time when M&A activity remains in the doldrums, the firm has managed to secure an impressive run of roles on some of the most high-profile deals of the year..."

    1 minute read

  • May 24, 2012 |

    Have QFLPs worked for Singapore?

    Singapore is to award more licences, but many still question the value of practising local law. Jessica Seah reports

    1 minute read