• September 17, 2012 |

    Cleary and Links take lead roles on Russian banking giant's $5.4bn stake sale

    Cleary Gottlieb Steen & Hamilton is advising Russian banking giant Sberbank on its potential $5.4bn (£4.4bn) joint London-Moscow listing. Sberbank's majority shareholder, the Russian Central Bank, is to sell 7.6% of its stake as part of a privatisation programme by the Russian Government.

    1 minute read

  • September 14, 2012 |

    A&O, Slaughters and Linklaters lead as RBS launches Direct Line IPO

    Allen & Overy and Slaughter and May have landed roles advising the Royal Bank of Scotland (RBS) and Direct Line Group on Direct Line's London listing, which is set to value the insurance company at around £3bn. A&O is advising both Direct Line and its parent RBS, with a team led by London corporate partner David Broadley, alongside insurance partner Philip Jarvis and incentives partner Sylvie Watts.

    1 minute read

  • September 10, 2012 |

    Cleary called in for Russia telecoms giant's £2.5bn London listing plans

    Cleary Gottlieb Steen & Hamilton is advising Russian telecoms giant MegaFon on its potential £2.5bn London initial public offering (IPO). MegaFon, Russia's second largest mobile phone operator, was taken over this April by AF Telecom - the holding company of Russian businessman Alisher Usmanov. The company has since filed for permission to float a 20% stake, which could be worth as much as $4bn (£2.5bn).

    1 minute read

  • September 10, 2012 |

    Mayer Brown stars on film company purchase for Twilight distributor

    Mayer Brown has advised Entertainment One on its C$225m (£144m) acquisition of Canadian film distribution company Alliance Films. The Mayer Brown team advising the international entertainment business was led by corporate partners Robert Hamill and Kate Ball-Dodd in London, alongside fellow City partners Sarah Byrt (intellectual property) and Bernadette Daley (employment) and Chicago finance partner Will Walker.

    1 minute read

  • August 15, 2012 |

    Former Dewey partners receive latest amendments to settlement plan

    Dewey & LeBoeuf's wind-down team has offered to spare the defunct firm's ex partners from all potential litigation from secured lenders as an incentive to participate in the proposed partner clawback settlement. The latest revisions to the so-called 'partner contribution plan' were posted to a secure web link overnight, with lead bankruptcy lawyer Al Togut and chief restructuring officer Joff Mitchell also confirming that the deadline for signing up to the agreement had been postponed again.

    1 minute read

  • August 1, 2012 |

    Freshfields appoints new global and London finance leadership

    Freshfields Bruckhaus Deringer has appointed a new global head of finance, with London banking head David Trott succeeding longstanding practice chief Alan Newton. Trott, who will begin his four-year term later this year (1 September), has a client list that includes Debenhams, Heineken, Morgan Stanley Real Estate Fund, Apollo, as well as Barclays, Lloyds and HSBC.

    1 minute read

  • July 19, 2012 |

    Clifford Chance and Allen & Overy lead on New Look £1.1bn debt refinancing

    Clifford Chance (CC) and Allen & Overy (A&O) have won leading advisory roles on the refinancing of fashion retailer New Look.

    1 minute read

  • July 19, 2012 |

    Linklaters and Slaughters among firms on $5bn UK-Japan advertising agency merger

    Linklaters and Slaughter and May are among a raft of international law firms advising on a $5bn (£3.2bn) deal to create one of the world's largest advertising agencies.

    1 minute read

  • 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