• August 31, 2012 |

    Addleshaws to miss out on success fee as Abramovich wins court battle

    Addleshaw Goddard is set to miss out on a significant payout after the High Court ruled against the firm's client, Russian oligarch Boris Berezovsky, in his high-profile $6bn (£3.8bn) dispute with Chelsea FC owner Roman Abramovich. The judgment, which was handed down this morning (31 August) by Mrs Justice Gloster in the High Court, will be seen as a significant setback for Addleshaws, which had been working with Berezovsky on a conditional fee basis.

    1 minute read

  • August 22, 2012 |

    Shearman and Akin Gump lead on Ardagh's $880m glass manufacturing acquisition

    Shearman & Sterling has advised on a deal which has seen European packaging business Ardagh Group complete the $880m (£557m) acquisition of US glass manufacturer Anchor Glass Container Company. Shearman's team, which also advised on the deal's financing, comprised partners in London, New York and Washington DC, headed up by New York partner Christa D'Alimonte.

    1 minute read

  • August 20, 2012 |

    Slaughters lines up with Danish firms to advise on latest ISS bid

    Slaughter and May has lined up alongside a raft of Danish firms on a €500m (£390m) deal that saw Lego billionaire Kirk Kristiansen team up with a pension fund to secure a stake in Danish facilities giant ISS. Slaughters took a role advising ISS and majority shareholders GS Capital Partners and EQT Partners as Canadian pension fund Ontario Teachers' Pension Plan (OTPP) and Kirkbi Invest - a holding company that invests on behalf of the family behind Lego - took a 26% stake in the company.

    1 minute read

  • August 3, 2012 |

    Herbert Smith and Links act on $2bn Rosneft-Eni oil exploration deal

    Herbert Smith and Linklaters have advised on a $2bn (£1.3bn) oil exploration financing agreement between Russian oil giant Rosneft and Italian energy company Eni. Herbert Smith led for Eni with a team including Moscow corporate partner Danila Logofet and finance partner Ed Baring, while Linklaters acted for Rosneft with Moscow corporate partner Grigory Gadzhiev and Moscow managing partner Matthew Keats in the lead.

    1 minute read

  • July 17, 2012 |

    US quartet score roles on GSK's $3bn biotech takeover

    Cleary Gottlieb Steen & Hamilton and Wachtell Lipton Rosen & Katz are among a host of US firms to take lead roles on GlaxoSmithKline's (GSK) $2.8bn (£1.8bn) acquisition of Human Genome Sciences (HGS), ending a three-month hostile pursuit of the biotech company after bettering its offer.

    1 minute read

  • July 10, 2012 |

    Linklaters joins four-firm line-up for US role on $4.5bn WellPoint acquisition

    Linklaters' New York corporate team has picked up a lead role for WellPoint on its $4.5bn (£2.9bn) acquisition of healthcare rival Amerigroup. The magic circle firm fielded a US team led by corporate partner Dan Dufner for WellPoint - the second-largest health insurer in the US. He worked alongside US head of employment Bindu Culas, competition partner Jeff Schmidt, co-head of US banking Jeff Norton and tax partner Gordon Warnke.

    1 minute read

  • July 5, 2012 |

    Skadden takes lead legal role on News Corp plan to split business

    Skadden Arps Slate Meagher & Flom has secured the lead role for News Corporation in the US on its plans to split the $60bn (£48bn) media business into two publicly traded companies.

    1 minute read

  • July 5, 2012 |

    CC corporate revival continues as firm secures top M&A rankings

    Clifford Chance (CC) has overcome the continued slowdown in the M&A markets to dominate Mergermarket's global, European and UK rankings by value for the first half of 2012.

    1 minute read

  • July 3, 2012 |

    Yahoo general counsel quits search giant

    Yahoo general counsel Michael Callahan is stepping down "to move on to new opportunities," according to a resignation letter filed with the Securities and Exchange Commission, reports The Recorder. Ron Bell, deputy GC for products and the Americas region, is serving as interim general counsel, according to an internal memo from CEO Ross Levinsohn.

    1 minute read

  • July 2, 2012 |

    Freshfields joins New York trio on AB InBev's $20bn Modelo acquisition

    Skadden Arps Slate Meagher & Flom, Sullivan & Cromwell, Cravath Swaine & Moore and Freshfields Bruckhaus Deringer have all landed roles on Anheuser-Busch (AB) InBev's $20bn (£12.8bn) acquisition of the Mexican brewer behind brands including Corona, Grupo Modelo. The deal sees AB InBev, which already owned a stake of around 50% in Grupo Modelo, buy up the remaining shares to take control of the company.

    1 minute read