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  • January 21, 2011 |

    Brodies set to launch new base in Aberdeen with raft of partner hires

    Scottish firm Brodies is expanding its ranks with five partner hires as the firm prepares to open up a new office in Aberdeen. The firm last week bulked up its competition offering with the hire of Mark Clough QC from Addleshaw Goddard, where he was partner and head of the London competition team.

    1 minute read

  • January 19, 2011 |

    Addleshaws replaces Freshfields on part of RBS-Halliwells dispute

    Addleshaw Goddard has replaced Freshfields Bruckhaus Deringer in advising Royal Bank of Scotland (RBS) as it bids to retrieve capital owed to it by former partners of now-defunct firm Halliwells. Addleshaws finance litigation partner Ian Hastings is acting for RBS, which is attempting to claw back money lent to ex-Halliwells partners through professional practice loans (PPLs).

    1 minute read

  • January 18, 2011 |

    Government considers merging SFO into new National Crime Agency

    The Serious Fraud Office (SFO) could become part of an FBI-style National Crime Agency (NCA) as part of the coalition Government's efforts to confront fraud costing the UK £30bn every year. It had been expected that the Government's shake-up of UK financial regulation would see the SFO disbanded in favour of a new Economic Crime Agency (ECA). Home Office policing minister Nick Herbert, who earlier this year took over the job of creating the ECA from the Treasury, is set to launch a long-awaited consultation in the spring on what the ECA should look like and how it will operate.

    1 minute read

  • January 11, 2011 |

    Long-serving Addleshaws partner Linsell set to retire from firm

    Addleshaw Goddard's professional practice group head Richard Linsell is set to retire from the firm, with colleague William Wastie taking over the reigns. Partnership specialist Linsell is due to retire from Addleshaws' partnership at the end of the 2010-11 financial year after more than 40 years practising law. He has advised professional practices since 1990, with limited liability partnerships being a key focus since 2001.

    1 minute read

  • January 11, 2011 |

    Linklaters and A&O win spots on National Australia Bank's new UK legal panel

    Linklaters and Allen & Overy (A&O) are among seven firms to have won places on National Australia Bank's (NAB) new UK legal roster. The panel review, which was led out of London by UK co-general counsel Richard Speak and principal counsel Iris Edwards, covers not only NAB but also the Australian bank's UK subsidiaries Clydesdale Bank and Yorkshire Bank.

    1 minute read

  • December 16, 2010 |

    DLA and Addleshaws take starring roles as ITV shifts Coronation Street to MediaCityUK

    DLA Piper and Addleshaw Goddard have advised on a property deal which will see ITV move the entire set of Coronation Street to the new MediaCityUK development in Manchester. The deal will see ITV move the company's Manchester base to Peel Holdings' 700,000 sq m development in Salford Quays in 2012. It will also see ITV build a standalone production and studio centre for the long-running TV soap opera on a 7.7 acre site at Trafford Wharf in Manchester.

    1 minute read

  • December 16, 2010 |

    CC and BLP win lead roles on sale of A&O headquarters to JP Morgan

    Clifford Chance (CC) and Berwin Leighton Paisner (BLP) have won lead roles on a major City real estate deal which has seen the ownership of Allen & Overy's (A&O) City headquarters change hands. CC advised Hammerson and Oman Investment Fund (OIF) on the deal, which saw the pair sell their 25:75 joint venture - whose principal asset is the long leasehold interest in the Bishops Square offices in London's Spitalfields - to JP Morgan Asset Management.

    1 minute read

  • December 10, 2010 |

    Addleshaws announces 4% fall in turnover at half-year point

    Addleshaw Goddard has reported a 4% drop in revenues for the first half of the 2010-11 financial year. The firm has posted fee income of £78.1m for the first six months of the year - down from the figure of £81.3m reported at the same point last year. The firm attributed the drop to the use of a number of conditional fee arrangements (CFAs) in significant contentious cases. Without these, the firm said that it would have posted flat H1 revenues on last year.

    1 minute read

  • December 7, 2010 |

    Litigation & Regulatory Team of the Year

    Herbert Smith wins Litigation and Regulatory Team of the Year thanks to its work securing British Sky Broadcasting (BSkyB) damages of at least £272m from EDS following the botched installation of a customer relationship management (CRM) system. The firm was originally instructed by BSkyB in 2002, shortly after EDS was removed from its role as systems integrator. The challenge was to overturn a liability cap arranged at the outset of the deal that limited EDS' liability for damages to a maximum of £30m.

    1 minute read

  • December 7, 2010 |

    Law Firm Innovation Award

    The judges were impressed both by the simplicity of thinking behind Pinsent Mason's HR Network TV and the hard evidence of its usefulness to its intended audience - busy human resources (HR) executives. The project was conceived and developed by Pinsents' national employment group, which had received feedback from HR clients that they wanted legal briefings and updates delivered in a more immediate and less time-consuming way than via seminars and written briefings. This was especially important because budget cuts meant it was more difficult for these executives to attend seminars precisely at a time when they needed to be at the top of their games thanks to the impact of the credit crunch.

    1 minute read