Filter This View

  • February 10, 2012 |

    Orrick announces 2012 promotions, with two partners made up in the City

    Orrick Herrington & Sutcliffe has announced its 2012 partner promotions with two made up in the City. The US firm has promoted 16 lawyers to the partnership effective 1 January 2012, doubling the eight it made up last year.

    1 minute read

  • February 9, 2012 |

    Weil Gotshal secures key client payouts in MF Global case

    Weil Gotshal & Manges and KPMG have reached a groundbreaking agreement in the MF Global administration that will see money returned to clients without the need for a court order. Weil Gotshal is advising administrator KPMG on the high-profile insolvency proceedings, which kicked off late last year and are the first under the UK's new 'special administration' regime set up last year to protect market stability in the wake of Lehman Brothers' 2008 collapse.

    1 minute read

  • February 6, 2012 |

    Skadden boosts Germany with double partner hire from Shearman

    Skadden Arps Slate Meagher & Flom is set to launch a dedicated capital markets practice in Germany, with the hire of two partners from US rival Shearman & Sterling. The New York firm has hired Shearman's European capital markets head Stephan Hutter and fellow partner Katja Kaulamo for its Frankfurt office, taking its partner count in Germany to nine, including six in Frankfurt.

    1 minute read

  • February 6, 2012 |

    Weil Gotshal posts 4% revenue rise for 2011 as partner profits grow 8%

    Weil Gotshal & Manges has posted a 4% rise in firmwide revenues alongside an 8% increase in partner profits, reports The Am Law Daily. The US firm, which saw both revenues and profits slip in 2010, enjoyed moderate growth in 2011, with revenues rising from $1.185bn (£753m) to $1.229bn (£781m).

    1 minute read

  • February 5, 2012 |

    Ashurst makes debut for new client opposite Linklaters on $800m TPG buyout

    Linklaters and Ashurst have taken lead roles on TPG Capital's $800m (£508m) acquisition of hedge fund services company GlobeOp. Linklaters won the lead role for the buyout house, fielding a team led by corporate partner Charlie Jacobs and private equity partner Carlton Evans.

    1 minute read

  • February 2, 2012 |

    CC, Linklaters and SNR Denton take lead roles as Petroplus files for administration

    Clifford Chance (CC), Linklaters and SNR Denton have picked up lead roles after one of Europe's largest independent refiners, Petroplus, defaulted on $1.75bn (£1.12bn) of debt and filed for insolvency last week 
(24 January). The Swiss company's UK arm, Petroplus Refining & Marketing, a key source of petrol for London and the Southeast, instructed magic circle firm CC on the insolvency, with London restructuring partner John MacLennan taking the lead.

    1 minute read

  • February 1, 2012 |

    Hogan Lovells equity capital markets chief quits to join Latham's City arm

    Hogan Lovells equity capital markets (ECM) head Richard Brown has resigned from the firm to join Latham & Watkins. Brown's hire was confirmed through a partner vote at Latham last night (31 January) with his start date yet to be announced.

    1 minute read

  • January 31, 2012 |

    Slaughters takes MF Global dispute role; court docs reveal hourly rates

    Slaughter and May has been called in to advise on a multimillion-dollar dispute relating to the high-profile liquidation of US broker MF Global. An application by MF Global's trustee, James Giddens, to retain Slaughters as UK counsel was made in the New York courts at the close of last year, with approval subsequently granted.

    1 minute read

  • January 26, 2012 |

    Top law firm trio among advisers as College of Law gears up for sale

    A trio of firms have scored roles on the potential sale of the UK's biggest legal education provider - The College of Law. Allen & Overy (A&O), Weil Gotshal & Manges and Herbert Smith are among the firms advising on the potential sale, which was confirmed by the College in September last year.

    1 minute read

  • January 25, 2012 |

    Weil's London office seals hire of Hogan Lovells finance partner

    Weil Gotshal & Manges has strengthened its London finance practice with the hire of international finance partner Mark Donald from Hogan Lovells. Donald, who handed in his notice this week and will join the US firm's City base later in the year, focuses on domestic and cross-border leveraged and acquisition finance, real estate finance and fund financing.

    1 minute read