• October 12, 2010 |

    Freshfields enters the fray as Liverpool court battle kicks off

    Freshfields Bruckhaus Deringer and Erskine Chambers' Richard Snowden QC have taken centre stage alongside Lord Grabiner QC in today's high-profile Liverpool court battle. Freshfields instructed Erskine's Snowden after being appointed to advise the Royal Bank of Scotland (RBS) on the dispute, which is being heard today in the Chancery Division of the High Court by Mr Justice Floyd.

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  • October 11, 2010 |

    Macfarlanes advises Singapore billionaire on £360m Liverpool counter-offer

    Macfarlanes has become the latest law firm to take a role on the protracted Liverpool takeover saga, representing a Singapore billionaire who has lodged an improved bid for the Premier League club. The City law firm is advising Peter Lim, who has made an increased £360m offer after last week losing out to US sports group New England Sport Ventures (NESV), whose £300m bid was accepted by the club's board. The new bid values the club at £320m, with a further £40m made available to purchase new players.

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  • October 11, 2010 |

    Grabiner joins Liverpool dream team as takeover dispute heads for courts

    One Essex Court heavyweight Lord Grabiner QC is set to represent Liverpool Football Club as the boardroom wrangle over the club's future moves into the courts tomorrow morning (12 October). Grabiner has been instructed to advise Liverpool FC's board alongside magic circle firm Slaughter and May on the proposed £300m sale of the club to Boston Red Sox owners New England Sport Ventures (NESV). One Essex Court's Jamie Goldsmith, son of former attorney general Peter Goldsmith, has also been instructed to provide advice.

    1 minute read

  • October 6, 2010 |

    Slaughters and US law duo advise on Liverpool takeover boardroom battle

    A raft of law firms are advising on the potential sale of Liverpool Football Club to Boston Red Sox owners New England Sport Ventures (NESV), amid a boardroom wrangle at the club. Slaughter and May, Weil Gotshal & Manges and Shearman & Sterling are advising the Liverpool board, US owners Tom Hicks and George Gillett and NESV respectively on the proposed takeover.

    1 minute read

  • October 6, 2010 |

    Shearman and Skadden lead on €1.7bn sale of metal packaging co

    A duo of US law firms has taken lead roles on a €1.7bn (£1.5bn) deal that will form a new worldwide food packaging group. The deal, which was financed in the high-yield bond market, handed roles to both Shearman & Sterling and Skadden Arps Slate Meagher & Flom. It saw Dublin-headquartered Ardagh Glass buy Dutch metal packaging company Impress Cooperative from private equity house Doughty Hanson. Under the terms of the deal, Ardagh will offer the €1.7bn (£1.5bn) in secured and unsecured notes in both euros and US dollars in order to fund the acquisition.

    1 minute read

  • September 29, 2010 |

    Akin Gump and Orrick confirm preliminary merger discussions

    Orrick Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld have confirmed that they are engaged in talks to combine into what could create a more than 1,800-lawyer firm, The American Lawyer.

    1 minute read

  • September 28, 2010 |

    Norton Rose and leading indys act on China/Brazil financing

    Norton Rose has advised on a $.1.2bn (£758m) trade loan from the Export-Import Bank of China and the Bank of China in a deal that underlines the growing trade links between Asia and Brazil.

    1 minute read

  • September 24, 2010 |

    Brazil Bar rules against associations with foreign law firms

    International law firms with Brazilian alliances look set to come under renewed regulatory pressure after the Sao Paulo Bar Association this month concluded that formal tie-ups breach local practice rules. The recent opinion from the Sao Paulo Bar (Ordem dos Advogados do Brasil - Secao de Sao Paulo) illustrates the mounting tension over the recent influx of foreign law firms into Brazil's fast-growing market. Though the decision by the ethical and disciplinary tribunal of the Sao Paulo Bar is only advisory, it is regarded as giving an indication as to which way a ruling would go if a case were to be pursued against one of the foreign firms operating in Brazil in alliance with a local firm.

    1 minute read

  • September 24, 2010 |

    Shearman signs exclusive Kaplan deal to train up London associates

    Shearman & Sterling has signed an exclusive deal with Kaplan Law School to provide the Legal Practice Course (LPC) and Graduate Diploma of Law (GDL) for its London trainees. As a part of the agreement, which will start in Autumn 2011, trainees at the US firm's London office will participate in Kaplan's 'Bridge to Practice' programme, which is designed to ease the transition from the LPC into a commercial law firm. The programme comprises practical modules and work experience, including workshops on topics such as working with partners, negotiation, legal ethics and internal law firm politics.

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  • September 24, 2010 |

    In depth: Latin America

    Bakers, Shearman and Sullivan on how the Latin American market has put a turbulent past behind it to secure a bold new future...

    1 minute read