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  • January 3, 2014 |

    Sullivan leads as Fiat takes full control of Chrysler in $4.35bn deal

    Sullivan & Cromwell has advised Fiat in its move to take full control of US auto manufacturer Chrysler in a deal worth $4.35bn (£2.63bn). The Italian carmaker, which is to acquire the remaining 41.46% stake in Chrysler it does not already own from a trust affiliated with the United Auto Workers union, known as veba, will pay $1.75bn for the share.

    1 minute read

  • December 24, 2013 |

    CLLS calls for LSB paper on training to be 'withdrawn'

    The Legal Services Board's (LSB) proposed statutory overhaul of solicitors' training has been condemned by the City of London Law Society (CLLS) as 'deeply flawed'.

    1 minute read

  • December 16, 2013 |

    Skadden, CC, Freshfields light up Megapolis $1.5bn dual stake sale

    Skadden Arps Slate Meagher & Flom, Clifford Chance (CC) and Freshfields Bruckhaus Deringer have taken roles on the sale of two separate $750m (£460m) stakes in Russian tobacco distributor Megapolis.

    1 minute read

  • December 12, 2013 |

    British Legal Awards 2013: who won what - and why...

    A run-down of all the winners at this year's British Legal Awards, including full details of the judging panel's reasoning for each award.

    1 minute read

  • December 5, 2013 |

    Law firms set for payouts in wind-down of Lehman's Europe operations

    More than 30 law firms owed money by Lehman Brothers International Europe (LBIE) are in line for a payout, after the bank's administrators PwC confirmed a group of creditors would be entitled to distributions in the New Year.

    1 minute read

  • November 29, 2013 |

    Freshfields, BT Sport and Devereux take British Legal Awards honours

    Freshfields Bruckhaus Deringer, BT Sport and Devereux Chambers were among the big winners at last night's British Legal Awards, which saw a 900-strong audience gather at London's Old Billingsgate Market to honour the top performers from another eventful year for the legal profession.

    1 minute read

  • November 28, 2013 |

    NQ intake at London offices of top US firms dips by 6%

    The intake of newly qualified lawyers (NQs) at the largest US and international firms in the UK fell by 6% in the last year, highlighting the continued uncertainty for lawyers at the junior end of the profession. Just a handful of firms in the group of 21 surveyed by Legal Week posted year-on-year increases in the number of NQs who were offered and accepted a training contract. These included Mayer Brown, Shearman & Sterling, McDermott Will & Emery and Sidley Austin. Sidley Austin, alongside Paul Hastings and Skadden Arps Slate Meagher & Flom were the only firms to retain 100% of their intake. The research also highlighted the sizeable impact US and international firms have had on the graduate recruitment market, with Reed Smith, Dentons and Baker & McKenzie each taking on at least 25 NQs in 2013.

    1 minute read

  • November 21, 2013 |

    African Legal Awards 2013: who won what – and why...

    Two hundred lawyers gathered at the African Legal Awards in October to celebrate the achievements of the continent's leading business lawyers. The ceremony was hosted by Legal Week in association with the Corporate Lawyers Association of South Africa (CLASA) and featured leading South African investigative journalist Derek Watts in the role of master of ceremonies.

    1 minute read

  • November 14, 2013 |

    Stars at the Bar 2013 – the up-and-coming barristers making their mark

    From Fountain Court to 4 New Square, Ben Rigby profiles 10 of the most acclaimed young barristers making their mark in a fiercely competitive arena...

    1 minute read

  • November 13, 2013 |

    Cleary and Paul Hastings tuck in to Chinese meat producer IPO

    Paul Hastings and Cleary Gottlieb Steen & Hamilton are understood to have been appointed as lead advisers on the IPO of Chinese meat processing company Shuanghui International, estimated to be worth up to $6bn (£3.75bn). The planned listing would be the biggest in Hong Kong in four years, providing a welcome boost to the local IPO market, which has seen a dearth of high-value flotations since the middle of 2012. It follows Shuanghui's takeover of the world's largest pork producer – Virginia-based Smithfield Foods – earlier this year. That deal, valued at $7.1bn (£4.7bn), marked the largest ever acquisition of a US company by a Chinese business.

    1 minute read