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  • July 20, 2010 | International Edition

    CC funds chief Glover to set up City practice for Simpson Thacher

    Simpson Thacher & Bartlett has hired high-profile Clifford Chance (CC) partner Jason Glover to launch a funds practice in the City. Glover, the head of CC's much-touted global private funds team, will join the US firm as a partner to establish a UK funds practice. Glover made partner at CC in 1998, having held a number of industry posts including serving as operations director at Hambro European Ventures (now Duke Street Capital) between 1996 and 1997.

    1 minute read

  • July 20, 2010 |

    CC funds chief Glover to set up City practice for Simpson Thacher

    Simpson Thacher & Bartlett has hired high-profile Clifford Chance (CC) partner Jason Glover to launch a funds practice in the City. Glover, the head of CC's much-touted global private funds team, will join the US firm as a partner to establish a UK funds practice. Glover made partner at CC in 1998, having held a number of industry posts including serving as operations director at Hambro European Ventures (now Duke Street Capital) between 1996 and 1997.

    1 minute read

  • July 16, 2010 |

    KKR listing documents reveal $6.9m pay for buyout giant's legal chief

    Kohlberg Kravis Roberts & Co (KKR) general counsel David Sorkin has been revealed as one of the buyout giant's top earners, according to documents showing he was paid a total of $6.9m (£4.6m) last year. Sorkin's compensation was revealed in documents filed with the Securities and Exchange Commission earlier this month as KKR geared up for its listing on the New York Stock Exchange, writes Corporate Counsel. KKR debuted on Thursday (15 July). His compensation, which was disclosed in his employer's Form S-1, is listed alongside KKR's four other top-earning executives: co-chief executives Henry Kravis and George Roberts, chief administrative officer Todd Fisher and chief financial officer William Janetschek.

    1 minute read

  • July 8, 2010 |

    Blackstone recruits Simpson Thacher M&A partner as new top lawyer

    Private equity fund The Blackstone Group has appointed a new top lawyer with the hire of John Finley, the co-chair of Simpson Thacher & Bartlett's M&A group, reports The Am Law Daily. Notable transactions that Finley has worked on in recent years at Simpson Thacher include representing Lehman Brothers on the sale of its North American operations to Barclays and Mars's $23.1bn (£15.3bn) leveraged buyout-style purchase of chewing gum manufacturer Wrigley.

    1 minute read

  • July 7, 2010 |

    Freshfields leads on CVC's multimillion-pound investment into amusement parks operator

    Freshfields Bruckhaus Deringer has taken a lead role on CVC Capital Partners' multimillion-pound investment in Merlin Entertainments Group. The magic circle firm advised private equity house CVC on its purchase of a 28% stake in Merlin from the company's existing shareholders, which include buyout giant Blackstone, and Kirkbi, the investment arm of the Lego Group. The deal values Merlin, the world's second-largest amusement parks operator, at £2.25bn.

    1 minute read

  • June 29, 2010 |

    Trio of firms advise on £300m sale of fashion retailer Republic

    A trio of firms have secured roles on a £300m fashion deal that has seen TPG Capital acquire UK-based retailer Republic. Top 20 City law firm SJ Berwin took the lead role for Republic and the seller Change Capital Partners on the transaction, having initially advised the private equity house when it bought the fashion outlet in 2005.

    1 minute read

  • May 26, 2010 |

    China: Years of the dragon

    On Tuesday 4 May at 7:30am a car arrived to pick up former Lovells Beijing managing partner Robert Lewis from his house in the Shunyi district of the Chinese capital, a part of town popular with expats. As it weaved its way off the estate and onto the traffic-choked main road leading to the city centre, Lewis thought about what lay ahead for him at AllBright Law Offices, the Chinese law firm where he was about to start his first day's work. His decision to join the firm, where his brief is to overhaul AllBright's structure and expand its Beijing office to match its market-leading offering in Shanghai, is one Lewis has been edging towards for years now, and he maintains it is unrelated to Lovells' recently concluded merger with US firm Hogan & Hartson.

    1 minute read

  • May 19, 2010 |

    Hogan Lovells acts for Russian investor on basketball buyout

    Hogan Lovells' London team has completed its first corporate deal since the transatlantic merger went live at the beginning of May. The newly-formed firm has advised Onexim Sports and Entertainment on its acquisition of a majority stake in US basketball team the New Jersey Nets.

    1 minute read

  • April 27, 2010 |

    Elite trio take top roles on US Treasury's Citigroup share sale

    Simpson Thacher & Bartlett is advising the US Treasury on its plan to unload 7.7 billion government-owned Citigroup shares in a series of sales rather than all at once, reports The Am Law Daily. The US Government has retained Morgan Stanley to prepare the sale and place the initial batch of 1.5 billion Citi shares on the market, with Davis Polk & Wardwell and Cleary Gottlieb Steen & Hamilton sharing the job of advising Morgan Stanley.

    1 minute read

  • April 23, 2010 |

    Four firms take top spots on on $10.6bn telecoms tie-up

    A quartet of US firms have taken lead roles on the $10.6bn (£6.9bn) acquisition of Qwest Communications by rival telecoms company CenturyTel, reports The Am Law Daily. Qwest was advised by US firms Skadden Arps Slate Meagher & Flom and Wilmer Cutler Pickering Hale & Dorr. Skadden provided M&A advice with a team led by partner Charles Mulaney, while WilmerHale advised on antitrust and regulation with a team led by partners James Lowe, Lynn Charytan and Samir Jain.

    1 minute read