• February 16, 2012 |

    Travers Smith and CC advise on $90m mine financing in Sierra Leone

    Travers Smith and Clifford Chance (CC) have taken lead roles on the $90m (£57m) financing of London Mining's Marampa mine in Sierra Leone. Travers advised London Mining with a team led by corporate finance head Spencer Summerfield and corporate partner Adrian West, while CC advised the underwriters, JP Morgan Cazenove and Liberum Capital, led by London capital markets partner Iain Hunter.

    1 minute read

  • February 9, 2012 |

    Norton Rose acts on £349m HSBC sale of Thai operation to local bank

    Norton Rose has taken the lead role for HSBC on the THB17.5bn (£349m) sale of its Thai banking and wealth management business to Thailand's Bank of Ayudhya (BAY). Hong Kong corporate partner Richard Crosby led a six-strong team working out of Hong Kong and Bangkok, which included Bangkok corporate and finance partner Somboon Kitiyansub and Hong Kong-based corporate partner Phillip John, the head of the firm's North Asia practice.

    1 minute read

  • February 9, 2012 |

    Magic circle duo win roles on €8bn loan agreement

    Allen & Overy (A&O) and Linklaters have won roles relating to German car part manufacturer Schaeffler's new €8bn (£6.6bn) credit agreement. A&O is advising the company on the loan as well as a €2bn (£1.7bn) high-yield bond programme, which will be used to immediately repay part of the new bank facility. The firm's team was led by lawyers in Frankfurt and Munich including banking and finance partners Thomas Neubaum, Walter Uebelhoer and Oliver Waldburg, equity capital markets partners Oliver Seiler and Gernot Wagner, corporate partner Alexander Veith and tax partner Heike Weber.

    1 minute read

  • February 6, 2012 |

    Weil Gotshal posts 4% revenue rise for 2011 as partner profits grow 8%

    Weil Gotshal & Manges has posted a 4% rise in firmwide revenues alongside an 8% increase in partner profits, reports The Am Law Daily. The US firm, which saw both revenues and profits slip in 2010, enjoyed moderate growth in 2011, with revenues rising from $1.185bn (£753m) to $1.229bn (£781m).

    1 minute read

  • February 5, 2012 |

    The Transfer Window: recent moves including Norton Rose, Orrick, Salans and Gide

    Former Slaughter and May partner Lucy Wylde has been appointed as general counsel of the Government's Efficiency and Reform Group (ERG). Wylde left Slaughters in April last year to take up a position as GC of the Asset Protection Agency, which was set up by HM Treasury in the wake of the credit crunch to stabilise financial institutions affected by the downturn.

    1 minute read

  • February 2, 2012 |

    US duo win key legal roles as Facebook files for $5bn IPO

    US law firms Fenwick & West and Simpson Thacher & Bartlett have secured the lead advisory roles on Facebook's much-anticipated initial public offering (IPO) aftter the social networking giant filed for the $5bn (£3.2bn) listing yesterday (1 February), reports The Am Law Daily. According to the S-1 filing, Fenwick chairman Gordon Davidson and securities group co-chair Jeffrey Vetter are leading the team from the firm that has won the much-coveted lead counsel role for Facebook.

    1 minute read

  • February 1, 2012 |

    Hogan Lovells equity capital markets chief quits to join Latham's City arm

    Hogan Lovells equity capital markets (ECM) head Richard Brown has resigned from the firm to join Latham & Watkins. Brown's hire was confirmed through a partner vote at Latham last night (31 January) with his start date yet to be announced.

    1 minute read

  • February 1, 2012 |

    Simmons funds partner duo exit to join US firm's London base

    Akin Gump Strauss Hauer & Feld is set to add two partners to its London funds practice with the hire of Simmons & Simmons funds partners Tim Pearce and Ian Meade. The hire will take headcount in Akin Gump's London funds team to 11 lawyers, including five partners. Pearce and Meade's start dates at the US firm are yet to be confirmed.

    1 minute read

  • January 26, 2012 |

    Quartet of firms lead on proposed sale of Swedish packaging company

    Allen & Overy (A&O), Clifford Chance (CC) Freshfields Bruckhaus Deringer and Eversheds are advising on DS Smith's proposed €1.6bn (£1.3bn) acquisition of a packaging division of Sweden's Svenska Cellulosa (SCA). A&O City corporate partners Don McGown and Richard Browne are leading the firm's team advising UK packaging company DS Smith.

    1 minute read

  • January 26, 2012 |

    Links leads on HSBC's $801m LatAm sell-off

    Linklaters is among six law firms to have taken roles for HSBC on the $801m (£512m) sale of its Latin American businesses to Colombia's Banco Davivienda, reports The Am Law Daily. The deal will see Banco Davivienda pick up 136 bank branches in Costa Rica, El Salvador and Honduras, increasing its size by roughly 20%.

    1 minute read