• April 22, 2008 |

    Jones Day joins NY elite on $7bn fundraising

    Jones Day has bagged a role alongside a clutch of leading New York firms on a $7bn (£3.5m) fundraising by US lender National City. Sullivan & Cromwell advised Cleveland-based National City alongside Jones Day, while Simpson Thacher & Bartlett advised Corsair Capital, the largest single investor. Cleary Gottlieb Steen & Hamilton also landed a role advising Axon, another of the investors.

    1 minute read

  • April 17, 2008 |

    City firms renew lobbying and step up local hiring as Indian Bar reform stalls

    A delegation of City lawyers headed to India this week as partners predict further delays in opening up the legal market to foreign firms while the country prepares for a general election. Talks about liberalising the legal sector are set to take a back seat as the Indian Government looks at prioritising wider issues such as poverty and infrastructure.

    1 minute read

  • April 16, 2008 |

    From start to finish

    Step 1Get your degree A qualifying law degree has traditionally been the first step on the road to becoming a solicitor. It will exempt you from the Common Professional Examination (CPE) or Graduate Diploma in Law (GDL), provided it covers all seven foundations of legal knowledge: obligations I (contract) and II (tort); criminal law; equity and law of trusts; European Union (EU) law; property law; and public law.

    1 minute read

  • April 9, 2008 |

    Dentons takes lead on Nasdaq OMX platform

    Denton Wilde Sapte is advising new client Nasdaq OMX Group on its plans to launch a pan-European trading platform for the most actively traded stocks. Dentons has advised OMX before, but this is its first deal for Nasdaq OMX, with the firm appointed to advise on the securities platform after February's merger of the exchanges. The firm has also previously worked with Nasdaq but not on a project of this significance. The firm's financial markets and regulation head, Robert Finney, is leading the Dentons team on the project, assisted by fellow financial markets partner Rosali Pretorius, technology, media and telecoms partner Dan Burge and corporate partner Martin Kitchen.

    1 minute read

  • April 9, 2008 |

    NY trio lead $7bn Washington Mutual fundraising

    A trio of leading New York firms have gained advisory roles on a $7bn (£3.51bn) capital-raising for US lender Washington Mutual. The bank announced yesterday (8 April) that it has secured additional capital totaling $7bn through the sale of equity securities to investors including buy-out house TPG Capital.

    1 minute read

  • April 3, 2008 |

    Shearman and Cleary gear up for mammoth Yukos dispute

    Shearman & Sterling and Cleary Gottlieb Steen & Hamilton have taken leading roles in what could become the largest-ever international arbitration case - a claim against the Russian Federation that could amount to as much as $100bn (£50bn). The claim, which is due to go before the Permanent Court of Arbitration tribunal in The Hague in November this year, relates to the bankrupt Yukos Oil Company and sees Shearman advising Yukos's majority shareholders, GML (formerly Group Menatep), with Cleary taking a role advising the Russian Federation.

    1 minute read

  • March 30, 2008 |

    French connection still delivers for Americans in Paris

    If Daniel Hurstel’s schedule on Thursday 27 March was anything to go by, the Paris legal market is in decent health. The head of Willkie Farr &…

    1 minute read

  • March 20, 2008 |

    CC and Cleary win top roles on mining mega-deal as Vale approaches Xstrata

    Clifford Chance (CC) and Cleary Gottlieb Steen & Hamilton have won key advisory roles on one of the world's biggest potential takeovers - Brazilian mining company Vale's approach to Swiss rival Xstrata for an estimated $90bn (£44.9bn). If the deal goes ahead it would see Vale threatening BHP Billiton's position as the world's largest mining company. CC has won the lead role for Vale, with the magic circle firm fielding a team led by Sao Paulo-based relationship partner Anthony Oldfield and London-based corporate partner David Pudge.

    1 minute read

  • March 12, 2008 | International Edition

    Commentary: Pressure is on for Kirkland as McKeeve heads for the exit

    For many in the private equity community it was only a matter of time, but last week's announcement that one of its most-trumpeted signings, Raymond McKeeve, had resigned leaves Kirkland & Ellis facing awkward questions about its UK strategy. Rumours, which partners had conceded internally were not baseless, had been circulating for months that all was not well with the firm's private equity team. Even ignoring claims that McKeeve's informal style was not playing well within a conservative partnership and judging the team purely on performance, the situation did not look good, with many questioning whether McKeeve and his ex-Linklaters colleague Graham White had delivered

    1 minute read

  • March 12, 2008 |

    Commentary: Pressure is on for Kirkland as McKeeve heads for the exit

    For many in the private equity community it was only a matter of time, but last week's announcement that one of its most-trumpeted signings, Raymond McKeeve, had resigned leaves Kirkland & Ellis facing awkward questions about its UK strategy. Rumours, which partners had conceded internally were not baseless, had been circulating for months that all was not well with the firm's private equity team. Even ignoring claims that McKeeve's informal style was not playing well within a conservative partnership and judging the team purely on performance, the situation did not look good, with many questioning whether McKeeve and his ex-Linklaters colleague Graham White had delivered

    1 minute read