• July 12, 2012 |

    That escalating Libor scandal – a great big wind, but not an ill one for lawyers

    "Law firms are having a field day on Libor," comments a London litigation head at a US law firm, summing up the private mood in the week following Barclays' admission to manipulating global interest rates. Even for banking advisers grown used to continually expanding levels of contentious and regulatory work from institutional clients, the furore in the wake of the bank's announcement that it had agreed a $450m (£290m) settlement looks to kick things up to a whole new level, legally speaking

    1 minute read

  • July 8, 2012 |

    CC takes on double Libor role for Barclays and RBS with Chinese wall

    Clifford Chance (CC) is advising both Barclays and the Royal Bank of Scotland (RBS) on the fallout from the Libor scandal, with a Chinese wall set up to avoid potential conflicts. The magic circle firm has been instructed as UK counsel to Barclays alongside US firm Sullivan & Cromwell, which recently advised the bank on its multimillion-dollar settlement with US regulators for interest rate manipulation and false accounting charges.

    1 minute read

  • July 5, 2012 |

    Simmons and Hogan Lovells advise on £1.24bn sale of Veolia UK water business

    Simmons & Simmons and Hogan Lovells have taken the lead roles on utility giant Veolia's sale of three of its UK water businesses in a deal worth £1.24bn.

    1 minute read

  • July 5, 2012 |

    Cleary and Linklaters advise on $3.2bn Malaysia listing

    Cleary Gottlieb Steen & Hamilton and Linklaters have taken the lead on the $3.2bn (£2.1bn) initial public offering (IPO) of Malaysian palm oil group Felda Global Ventures, which is set to become the largest listing in Asia since the start of 2012. US firm Cleary is advising the state-owned company, which is listing on the Kuala Lumpur stock exchange.

    1 minute read

  • July 4, 2012 |

    Latham and Davis Polk net lead roles on Manchester United's US float

    Latham & Watkins and Davis Polk & Wardwell have taken lead roles on Manchester United's initial public offering (IPO) on the New York Stock Exchange (NYSE), ending long-running speculation as to where the football club would make its stock market debut. US firm Latham is advising Man Utd, which submitted its F-1 filing with the Securities and Exchange Commission yesterday (3 July). The club is aiming to raise $100m (£64m) to reduce its debts, which as of 31 March stood at £423.3m.

    1 minute read

  • June 28, 2012 |

    Our Lehman - the final days of Dewey

    In the second of a two-part special, Friederike Heine and Alex Novarese chart the last days of ailing US giant Dewey & LeBoeuf as the firm hurtles towards its collapse...

    1 minute read

  • June 28, 2012 |

    Winding up Dewey: claims and complications

    These things are never simple. Dewey & LeBoeuf's bankruptcy filing on 28 May leaves its wind-down committee with the challenge of managing a hugely complex insolvency while attempting to avoid the drawn-out, expensive proceedings that have bedevilled previous law firm insolvencies such as Brobeck Phleger & Harrison and Coudert Brothers.

    1 minute read

  • June 21, 2012 |

    Our Lehman: how Dewey went from proud US giant to the largest-ever legal failure

    Within weeks, Dewey & LeBoeuf went from proud US giant to the largest ever legal failure. In the first of a ­two-part focus, Friederike Heine and Alex Novarese chart the collapse that mesmerised the profession

    1 minute read

  • June 18, 2012 | International Edition

    Dechert continues London recruitment with White & Case finance partner hire

    Dechert has continued its recent London recruitment spree with the hire of real estate specialist Jeremy Trinder from White & Case. Trinder, who was made up to partner during White & Case's 2010 promotions round, will join Dechert's finance and real estate practice in the City.

    1 minute read

  • June 18, 2012 |

    Dechert continues London recruitment with White & Case finance partner hire

    Dechert has continued its recent London recruitment spree with the hire of real estate specialist Jeremy Trinder from White & Case. Trinder, who was made up to partner during White & Case's 2010 promotions round, will join Dechert's finance and real estate practice in the City.

    1 minute read