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  • December 17, 2010 |

    Linklaters identified as UK's most diverse law firm by new study

    Linklaters has been named as the UK's most diverse law firm in 2010 according to the Black Solicitors Network (BSN) Diversity League Table, which ranks firms based on information from 48 law firms. The ranking combines law firm demographics across four different strands of diversity - disability, ethnicity, gender and sexual orientation - with policy and practice information from the firms.

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  • December 8, 2010 |

    Cleary advises Citigroup on sale of final Treasury stake

    Cleary Gottlieb Steen & Hamilton is advising Citigroup and its underwriters on a multi-billion dollar stock offering, writes The AmLaw Daily, in a deal that will see the US Government sell its remaining stake in the banking giant. The share sale is expected to put $10.5bn (£6.6bn) in the US Treasury's coffers, while helping Citi move a step closer to independence.

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  • December 7, 2010 |

    Cleary and Gleiss Lutz head up EDF's $6.2bn Germany energy sell-off

    Cleary Gottlieb Steen & Hamilton and Gleiss Lutz have taken the lead roles on EDF's $6.2bn (£3.9bn) sale of its stake in German energy company EnBW, reports The Am Law Daily. Cleary advised EDF on the deal, fielding a team led by M&A partner Pierre-Yves Chabert in Paris and antitrust partner Stephan Barthelmess and M&A counsel Klaus Banke in Frankfurt.

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  • December 7, 2010 |

    Hogan Lovells and Cleary advise on €4.6bn EDF refinancing deal

    Hogan Lovells and Cleary Gottlieb Steen & Hamilton have taken lead roles on a €4.6bn (£3.8bn) refinancing deal for energy giant EDF. Hogan Lovells advised longstanding client EDF on the transaction, which saw the company launch a tender offer for some of its existing debt securities, followed by the issue of two new series of bonds. Paris-based global head of debt capital markets Sharon Lewis led the Hogan Lovells team, assisted by senior associate Vincent Fidelle.

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  • December 7, 2010 |

    European Legal Team of the Year

    Cleary Gottlieb Steen & Hamilton wins this award for the second year running. It secured the endorsement of the judging panel for its work advising the global co-ordinators and joint lead bookrunners and other underwriters on Volkswagen's jumbo €4bn (£3.4bn) rights issue. The transaction, which closed in April, was the largest rights offering of a German-listed company outside the financial sector in more than 10 years. It took place under the media spotlight given both the size and significance of the deal and the long-running tussle between Volkswagen and Porsche. The rights issue was partly designed to fund Volkswagen's acquisition of Porsche, Porsche having previously failed in a bid to take over the German car-making giant.

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  • December 3, 2010 | International Edition

    BLP, A&O and BAE scoop prizes at British Legal Awards

    Berwin Leighton Paisner (BLP), Allen & Overy (A&O), and BAE Systems were among the prize winners at last night's (2 December) British Legal Awards 2010, which took place in a snowy London at Old Billingsgate Market.

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  • December 3, 2010 |

    BLP, A&O and BAE scoop prizes at British Legal Awards

    Berwin Leighton Paisner (BLP), Allen & Overy (A&O), and BAE Systems were among the prize winners at last night's (2 December) British Legal Awards 2010, which took place in a snowy London at Old Billingsgate Market.

    1 minute read

  • December 2, 2010 |

    Norton Rose partner joins Cleary to head up new Hong Kong law practice

    Cleary Gottlieb Steen & Hamilton is set to launch a Hong Kong law practice next year with the hire of Norton Rose's China corporate finance head. Freeman Chan will join Cleary to lead the new practice early next year, when the US firm intends to start practising local law. The practice will focus on Hong Kong-listed initial public offerings, capital market transactions, private equity and M&A.

    1 minute read

  • November 30, 2010 |

    A&O among lineup of firms advising on €6.6bn Italy telecoms refinancing

    A raft of international law firms have won roles on a €6.6bn (£5.5bn) European deal that has seen Italian company Wind Telecomunicazioni secure a new bank loan and issue high-yield bonds. The deal, reportedly the largest high-yield bond issuance in Europe this year, handed roles to White & Case, Cleary Gottlieb Steen & Hamilton, Allen & Overy (A&O), Latham & Watkins and NautaDutilh.

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  • November 24, 2010 |

    Slaughters, Simmons and Bird & Bird top-rated by clients in new research

    Slaughter and May, Simmons & Simmons and Bird & Bird have emerged as the City's top-performing law firms based on client feedback, as part of a major research project from Legal Week. The trio were the top-rated international firms according to Legal Week Intelligence's seventh annual Client Satisfaction Report, which is based on responses from 1,265 senior in-house lawyers and finance directors. The flagship project from Legal Week's independent research arm is its most comprehensive client survey to date and includes rankings of 71 UK and US firms based on responses from 903 companies operating in the UK. The report covers 71% of the FTSE 100.

    1 minute read