Filter This View

  • April 17, 2012 |

    Weil doubles Hong Kong office space ahead of planned expansion

    Weil Gotshal & Manges is set to ramp up its Hong Kong presence as the firm moves to new premises in Hong Kong's business district. The move to Alexandra House, which will more than double the US firm's current office space, will allow it to accommodate all its current lawyers in Hong Kong as well provide capacity for expected future expansion.

    1 minute read

  • April 16, 2012 |

    Former Coudert partners lose new bid to recover money from US firms

    Retired partners from defunct Coudert Brothers have lost their second attempt to recover money from three law firms that took a sizeable chunk of the firm's assets after its 2005 dissolution, reports the New York Law Journal. A group of 24 former partners sued Baker & McKenzie, Orrick Herrington & Sutcliffe and Dechert in 2007, claiming that the firms conspired with Coudert partners to buy firm assets for less than fair market value. Because none of the three firms took on 50% of Coudert's assets, none were true 'successor' firms with obligations to continue paying retirement benefits, according to court filings.

    1 minute read

  • April 11, 2012 |

    A&O signs up Gleiss partner in Frankfurt as Jones Day adds trio to new Duesseldorf base

    Allen & Overy (A&O) has recruited a new head for its public law practice in Frankfurt in a trio of hires from Gleiss Lutz. Olaf Otting is joining the magic circle firm along with with associates Wiland Tresselt and Udo Olgemoller.

    1 minute read

  • April 4, 2012 |

    Links dominates thin Q1 deal market as lawyers talk up 2012 prospects

    Linklaters has topped Mergermarket's European M&A rankings by value and volume for the first quarter of 2012, with the magic circle law firm seeing its position boosted by a role on the largest global deal of the period – the proposed $53.5bn (£33.4bn) merger between commodities trader Glencore and mining giant Xstrata. Overall trend data from Mergermarket shows both global and European M&A volumes fell to their lowest levels in nearly three years during the quarter, down by more than 20% compared with Q1 2011.

    1 minute read

  • April 4, 2012 |

    Links dominates thin deal market in Q1 but lawyers strike upbeat tone for 2012 prospects

    Glencore bid drives market as deals fall to three-year low; Freshfields and King & Wood among top-ranked

    1 minute read

  • March 29, 2012 |

    The teeming crowd - is India's dynamic legal elite built to last?

    Riding a dynamic private sector in one of the world's most touted emerging economies, Indian law firms have rapidly evolved in recent years. Friederike Heine asks if this legal elite is ready to compete on the global stage

    1 minute read

  • March 27, 2012 |

    The Transfer Window: recent moves including Wragges, Salans and Maclay Murray

    Wragge & Co has appointed a new head of international construction disputes with the hire of Anthony Wilson from the Cairo office of Middle East arbitration firm Hafez. Wilson, who was a partner and head of construction disputes at Hafez, has joined Wragges' London dispute resolution practice. Firms he has previously worked at include Clifford Chance and Shearman & Sterling, where he spent six years as an associate in Paris and London.

    1 minute read

  • March 26, 2012 |

    CC lines up for key Permira role on €3bn frozen foods business sale

    Clifford Chance (CC) has taken the lead role as Permira prepares to sell off its frozen foods business Iglo Group for as much as €3bn (£2.5bn). CC is advising the private equity house, which has appointed Credit Suisse to handle an auction sale of the company. Global corporate head Matthew Layton is believed to be leading the team at the magic circle firm. Iglo, Europe's largest frozen foods business, owns household name brands including Birds Eye and Findus.

    1 minute read

  • March 22, 2012 |

    New York Bar association to review block on non-lawyer ownership of law firms

    The New York State Bar Association (NYSBA) is set to review the issue of outside ownership of law firms, but has confirmed that at present lawyers practising in New York cannot be part of a foreign firm in which non-lawyers hold a stake. The NYSBA has launched a taskforce, chaired by former State Bar president Stephen Younger, to reconsider its "historical opposition" to non-lawyer ownership of law firms. The 77,000-member association, founded in 1876, is the largest voluntary state Bar association in the US.

    1 minute read

  • March 15, 2012 |

    Jones Day and Fasken advise on $1.25bn settlement in Africa mining dispute

    Jones Day and Fasken Martineau have taken lead roles on Eurasian Natural Resources Corporation's (ENRC) $1.25bn (£1bn) settlement with First Quantum Minerals in the dispute over the Kolwezi copper mine in the Democratic Republic of Congo (DRC). The dispute, which concerns Canadian mining company First Quantum's stake in the Kolwezi project, kicked off after the mine was seized from First Quantum by the DRC Government in 2009. ENRC subsequently purchased a majority stake in the mine in 2010, prompting its former owner to launch litigation proceedings.

    1 minute read