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  • March 27, 2013 |

    CC and Links lead as Co-op sells life insurance arm for £219m

    Clifford Chance (CC) and Linklaters have played lead roles on Royal London's £219m purchase of the Co-operative Banking Group's life insurance business. The deal is set to see Royal London, the UK's largest mutual life and pensions company, acquire Co-operative Insurance Society (CIS) and The Co-operative Asset Management.

    1 minute read

  • March 27, 2013 |

    Crunching the numbers - going behind the headline figures to look at the top 30's financial health

    Caroline Thorpe pores over the top 30 UK firms' LLP accounts covering the past two financial years and assesses their performance during the ongoing financial storms

    1 minute read

  • March 25, 2013 |

    Pinsents appointed for all day-to-day legal work for Balfour Beatty

    Pinsent Masons has sealed an exclusive deal with Balfour Beatty that will see the law firm take on the infrastructure giant's day-to-day legal work on a fixed-fee basis. Pinsents has been selected as sole legal suppliers of the infrastructure giant's 'business as usual' legal issues work, after Balfour invited its current panel firms to pitch for the role.

    1 minute read

  • March 20, 2013 |

    Budget 2013: Lawyers back corporate tax cuts and infrastructure spending

    The Government's plan to cut the corporate tax rate, announced today (20 March) in Chancellor George Osborne's 2013 budget, has received broad backing from law firm partners, in one of a number of measures aimed at boosting the UK's flagging economy. Today's announcement by the Chancellor came alongside a downward revision of UK economic growth estimates for the next two years, with the forecast for 2013 halved to 0.6%.

    1 minute read

  • March 19, 2013 |

    Pinsents adds two financial services partners with Eversheds and CC hires

    Pinsent Masons has moved to strengthen its financial services team with the hires of Richard Tripp and Monica Gogna from Eversheds and Clifford Chance (CC) respectively. Tripp, who will joins Pinsents' Leeds office on 29 April, is a restructuring specialist who has acted on several high-profile matters including the administrations of Little Chef, Pindar and Modus Group.

    1 minute read

  • March 14, 2013 |

    Pinsents and Freshfields advise on £385m Ferrovial utilities purchase

    Pinsent Masons and Freshfields Bruckhaus Deringer have both played lead roles on Spanish infrastructure company Ferrovial's £385m acquisition of UK utilities and government services company Enterprise from private equity house 3i. The deal, which requires approval from the European Commission, will see Enterprise merged with Amey, the UK public services and infrastructure business purchased by Ferrovial in 2003. The combined company will have turnover of £2.3bn and a total of 21,000 employees – doubling the size of its UK infrastructure services footprint. It will offer services across the transport, utilities, justice, environmental services and facilities management sectors as well as consulting and asset management.

    1 minute read

  • March 12, 2013 |

    Two-time Dundas managing partner contender Massie to leave firm

    Dundas & Wilson is set to see the departure of another senior partner, with former managing partner contender Colin Massie to leave the firm. Massie, who joined Dundas in 1996 and made partner in 2002, is a corporate partner and the former head of the firm's sports law practice. His next move is not yet known, and Dundas declined to comment on the departure.

    1 minute read

  • March 10, 2013 |

    SJ Berwin seals hire of Pinsents head of financial services regulation

    SJ Berwin has secured the hire of Pinsent Masons' head of financial services regulation Tim Dolan for its City financial markets practice. Dolan, who was formerly an associate at SJ Berwin before joining Pinsents' London arm as a partner in 2007, also previously worked at the enforcement arm of the Financial Services Authority (FSA).

    1 minute read

  • March 7, 2013 |

    Solicitor advocates turn back on the silk road as applications for QC status dwindle

    "Since 2006, just 13 solicitors have been named as QCs in the annual appointment rounds. Applications by solicitors are equally low, with two being made in each of the past two years – the lowest rate since solicitors were first permitted to apply..."

    1 minute read

  • March 7, 2013 |

    Eversheds and Squire Sanders take lion's share as GLA legal spend surges

    The Greater London Authority's (GLA) legal spend has increased more than 60-fold during the current financial year, following the transfer of responsibility for housing and regeneration work from the Homes and Community Agency (HCA). A freedom of information request submitted by Legal Week has revealed the administrative body headed by Mayor of London Boris Johnson spent £490,785 on legal services during the nine-month period from 1 April to 31 December 2012 – up on just £7,805 for the full 12 months of 2011-12.

    1 minute read