• March 11, 2014 |

    Skadden, Paul Hastings lead on HK secondary listing of Uniqlo owner

    Skadden Arps Slate Meagher & Flom and Paul Hastings have taken lead roles on the secondary listing of Japanese clothing company Fasting Retailing in Hong Kong. The retailer, whose primary listing is in Tokyo, has not issued shares or raised funds from the deal, but listed Hong Kong depositary receipts in the city by way of introduction so that investors can buy and sell shares in Hong Kong dollars instead of yen.

    1 minute read

  • March 6, 2014 |

    The future of law firms' lucrative litigation mandates

    Litigators are seeing even once resilient big-ticket fees come under pressure from the boardroom as companies look for ways to slash their legal bills...

    1 minute read

  • February 26, 2014 |

    HSF and Simmons score leading roles on AO World's £1.2bn IPO

    Herbert Smith Freehills and Simmons & Simmons have landed roles on British online retailer AO World's £1.2bn flotation. The domestic appliance retailer has debuted on the London Stock Exchange today (26 February) at the billion-pound value after shares jumped by more than 40% on its offer price.

    1 minute read

  • February 26, 2014 |

    The Transfer Window: recent moves including Clifford Chance, Allen & Overy and Norton Rose Fulbright

    The Transfer Window is a regular round-up of recent legal moves in the UK and abroad.

    1 minute read

  • February 20, 2014 |

    Davis Polk and Slaughters land roles as ISS sizes up major Nordic IPO

    Davis Polk and local firm Gorrissen Federspiel have landed the mandates advising Danish facilities giant ISS on its planned DKK8bn (£883m) flotation. Slaughter and May has also secured a key role, acting on a refinancing facility being arranged ahead of the proposed listing.

    1 minute read

  • February 18, 2014 |

    A&O, Freshfields secure roles as Poundland eyes stock market flotation

    Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have won mandates on British discount retailer Poundland's proposed initial public offering (IPO). Poundland, which operates more than 500 stores in the UK and Ireland, is 76% owned by US-based private equity firm Warburg Pincus.

    1 minute read

  • February 11, 2014 |

    Paul Hastings announces new China office heads

    Paul Hastings has given two Greater China partners additional leadership responsibilities as its Hong Kong and Beijing office chairs prepare to relocate to the US. Corporate partner Sammy Li has taken over from Derek Roth to manage the Hong Kong office, whilst David Wang, the firm's Shanghai head, will now manage both mainland China bases.

    1 minute read

  • February 11, 2014 |

    Barclays more than doubled litigation provisions in 2013

    Barclays increased the amount it sets aside for litigation by 142% last year, in a move to hedge itself against several outstanding disputes and enforcement actions by authorities in the UK and US.

    1 minute read

  • February 6, 2014 |

    Credit Suisse latest bank to see profits hit by legal costs

    Credit Suisse has become the latest investment bank to have its profits hit by escalating litigation provisions and costs. A financial report, published today (6 February), shows the group recorded net litigation provisions of 577m Swiss francs (£392m) in the fourth quarter of 2013.

    1 minute read

  • February 4, 2014 |

    Davis Polk and Latham aid Smith & Nephew's $1.7bn ArthroCare deal

    Davis Polk & Wardwell and Latham & Watkins have acted on Smith & Nephew's $1.7bn (£1bn) acquisition of Texas-based ArthroCare. The deal, which was run by lawyers' at the firms' US offices, sees the British medical technology company purchase the surgical device manufacturer at a 6% premium on the Friday's market valuation.

    1 minute read