• December 4, 2009 |

    Ashurst and Cleary win lead roles on Rusal's $3bn Hong Kong listing

    Cleary Gottlieb Steen & Hamilton and Ashurst have won roles on Rusal's planned $3bn (£2bn) flotation on the Hong Kong stock exchange. Cleary has landed the main role on the listing, fielding a team led by City-based partner Dan Braverman advising on US, English and French law. Ashurst corporate partner Andrew Edge is providing additional English law, while US firm Sidley Austin is advising on Hong Kong law, with a team led by Hong Kong-based capital markets partner Constance Choy.

    1 minute read

  • December 4, 2009 |

    Stephenson Harwood, Linklaters and Abbey honoured at British Legal Awards

    Stephenson Harwood, Linklaters and Abbey National were among the winners at the 2009 British Legal Awards. Stephenson Harwood secured the coveted Law Firm of the Year award, with the judging panel - which included several senior general counsel - praising the firm for the dramatic turnaround in its fortunes.

    1 minute read

  • December 1, 2009 |

    Independent Law Firms in Europe: A model of resilience

    The global recession has done little to alter the faith of Europe's independents in the strength of their law firm models. While the global UK and US-based firms have been busy with internal housekeeping and the struggle for position in their home markets, Europe's independent law firms cannot be accused of having let the opportunity pass them by.

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  • 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 |

    Cleary and Sullivan lead on Gucci owner's €1bn French listing

    Cleary Gottlieb & Steen Hamilton and Sullivan & Cromwell have taken lead roles on the €1bn (£900m) French initial public offering (IPO) of a subsidiary of luxury goods company PPR. PPR, the holding company of brands such as Gucci and Puma, is set to list its African distribution unit CFAO, marking the first significant IPO in the French market since 2007.

    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 24, 2009 |

    Freshfields and Linklaters lead on £1bn Gartmore listing

    Freshfields Bruckhaus Deringer and Linklaters have taken lead roles on British fund manager Gartmore's £1bn initial public offering (IPO). The float, which will cover 30%-50% of the company, is intended to cut net debt from £400m to £100m.

    1 minute read

  • November 9, 2009 |

    Cleary makes up London trio in promotions round

    Cleary Gottlieb Steen & Hamilton has announced eight new promotions, with one partner and two counsel made up in the firm's London office. The Wall Street firm has made up a total of four new partners and four counsel around the world, with the promotions effective as of 1 January 2010.

    1 minute read

  • October 26, 2009 |

    Cleary boosts Moscow corporate team with US partner transfer

    Cleary Gottlieb Steen & Hamilton has bulked up its Moscow office with the relocation of a partner from the US. New York-based corporate partner David Gottlieb has become the third full-time partner in the US firm's Russian base, alongside Scott Senecal and Murat Akuyev. The office also has around 30 associates.

    1 minute read

  • October 23, 2009 |

    Law Firm of the Year – why they made the shortlist

    As previously mentioned, this year Legal Week's editorial team has taken a more hands-on role in helping to draw up the shortlists for the 2009 British Legal Awards. The clearest example of that is for arguably the biggest award of the night, Law Firm of the Year, for which there are no submissions. Instead, the editorial team have drawn up the shortlist for our judging panel of senior clients and industry veterans.

    1 minute read