Filter This View

  • September 7, 2010 |

    Mexican law firm becomes country's first to launch in London market

    Mexico's Jauregui Navarrete & Nader has become the first Mexican firm to launch an office in London. The office, which will be headed up by partner Yves Hayaux du Tilly, opened for business in the City on 1 July at 60 Lombard Street. The new base will provide advice on Mexican law to Jauregui's clients in London and Europe, while the firm is also aiming to identify business opportunities for its existing clients in the region.

    1 minute read

  • August 18, 2010 |

    Slaughters, A&O act on BHP's $40bn hostile bid for world's largest fertiliser company

    Jones Day and Cleary Gottlieb Steen & Hamilton have secured lead roles on BHP Billiton's $40bn (£25.6bn) hostile bid for the Potash Corporation of Saskatchewan, writes the Am Law Daily. Potash rejected the mining giant's unsolicited offer on Tuesday (17 August), with BHP today (18 August) confirming a hostile bid at $130 (£83) a share for the Canadian-based company, which is the world's largest producer of fertiliser.

    1 minute read

  • July 26, 2010 |

    Lehman US legal fees near $400m as Weil Gotshal bills total $200m

    Legal fees billed on Lehman Brothers' US bankruptcy have have reached almost $400m (£266m) according to public documents, writes The American Lawyer. According to a filing with the Securities and Exchange Commission on Thursday (22 July), adviser fees since the case was filed in September 2008 have now reached $873.1m (£582m) with 17 law firms being paid almost $396.7m (£265m) by the debtor. Lehman's lead counsel at Weil Gotshal & Manges is by far the biggest earner on the matter. The firm's Lehman bill now stands at nearly $200.6m (£134m).

    1 minute read

  • July 14, 2010 |

    Scandinavia and the Baltics: Northern dark and light

    The past year in the Scandinavian and Baltic markets has clearly divided firms: while some jurisdictions are reporting a change for the better, others are still firmly in the grip of the financial crisis. Although the robust Scandinavian market has generally fared better than the burgeoning Baltic one, there were notable exceptions. Struggling Baltics Both Latvia and Lithuania have been badly hit by the downturn, with the latter's 15% gross domestic product drop last year forcing the economy back into a downturn. The real estate market, and more recently the M&A market, have been hard hit across the region. However, the struggling economy has provided some work for those firms with strong banking and finance practices, as many look to restructure their businesses.

    1 minute read

  • July 7, 2010 |

    Salans hires twelve-strong team from French firm in Paris push

    Salans has added to its Paris practice with a team of three M&A partners and nine associates from Lefevre Pelletier & Associes, including its former head of M&A and private equity Jean-Luc Bedos. Bedos, Dimitri Pubellier and Pierre Leveque all joined the firm as partners on 1 July in the M&A and private equity practice, with Leveque also set to take a role in the international law firm's litigation practice.

    1 minute read

  • July 6, 2010 |

    Latham launches Asia litigation practice with Jones Day hire

    Latham & Watkins has launched an Asia litigation practice with a lateral hire from Jones Day's Hong Kong office, reports the Am Law Daily. Hong Kong-qualified lawyer Simon Powell, who joined Latham's Hong Kong office last week, is regarded as one of the region's top insolvency and litigation specialists. He also advises financial institutions and companies in the region on securities and competition regulation, as well as commercial litigation.

    1 minute read

  • June 16, 2010 |

    DLA Piper faces fresh battle over disability discrimination claim

    DLA Piper is to defend itself for a second time against a high-profile disability discrimination claim after a ruling this week from the Employment Appeal Tribunal (EAT). In a judgment handed down yesterday (15 June), EAT president Mr Justice Underhill sent the claim to be heard again in an employment tribunal later this year.

    1 minute read

  • June 8, 2010 |

    Winckworth acts on £14bn claim by Lloyds shareholders over HBOS deal

    Winckworth Sherwood is advising a group of Lloyds Banking Group shareholders on their legal action over the handling of the takeover of HBOS by Lloyds Bank TSB. The Lloyds Action Now group claim they were misled over a £25.4bn emergency Bank of England loan to HBOS in October 2008, and have sent demands for compensation to the Treasury, former Lloyds chairman Sir Victor Blank and current chief executive Eric Daniels.

    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 |

    No lack of resources - ENRC's legal chief in profile

    While most companies have spent the recession battening down the hatches, the Eurasian Natural Resources Corporation (ENRC) has been in expansion mode. Last month the FTSE 100 natural resources company, whose main assets are located in Kazakhstan, underlined its intentions to go global by purchasing a 12% stake in Northern Platinum, a South African platinum company. The move follows ENRC's acquisition last year of Camec, a copper and cobalt producer in the Democratic Republic of Congo, for £584m and prior purchase of 50% stakes in Brazil's BML iron ore project and the Xinjiang Tuoli Taihang Ferro-Alloy ferrochrome operations in China.

    1 minute read