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  • November 9, 2011 |

    Herbert Smith set for further capital markets exit as Hong Kong partner heads for US firm

    Herbert Smith is set to lose another Hong Kong capital markets partner with the resignation of Carolyn Sng for Fried Frank Harris 
Shriver & Jacobson. Sng, who is UK-qualified, will join the US firm's local office in the coming months, with a start date yet to be announced. Her move comes on the heels of the exits of four other capital markets partners from the firm's global practice, all US-qualified, which has taken partner count in the US securities team from nine partners to five 
since July.

    1 minute read

  • November 9, 2011 |

    Taking it personally - consumerisation brings a little style into legal technology

    With budgets under pressure, IT heads are scrambling to adapt to consumerisation, contain costs and find ways to capture and manage commercially-crucial data. Neil Hodge tracks the latest trends in legal tech...

    1 minute read

  • November 7, 2011 |

    Linklaters and Latham among firms on Virgin Media's debut legal panel

    Linklaters, Latham & Watkins and Sullivan & Cromwell are among a raft of firms to have won roles on Virgin Media's inaugural legal panel. The new panel, which will take effect from next year, also includes Ashurst and US firm Fried Frank, both of which are existing advisers to the company.

    1 minute read

  • November 1, 2011 |

    Herbert Smith sees fourth US securities partner quit since summer

    Herbert Smith is set to lose a second US securities partner to Morrison & Foerster (MoFo) in Hong Kong, marking the fourth partner to leave the firm's US securities practice globally since the summer. Melody Chen resigned from the UK firm in recent weeks and is set to join MoFo's Hong Kong office as a partner after serving out a notice period.

    1 minute read

  • October 19, 2011 |

    Bank of America moves to force Quinn Emanuel off $10bn AIG case

    Bank of America (BoA) has filed a motion to disqualify US law firm Quinn Emanuel Urquhart & Sullivan from representing AIG in a $10bn (£6.3bn) securities litigation case, reports The Am Law Litigation Daily. The bank argues that Quinn Emanuel is conflicted because Marc Becker, a London partner the firm recruited in 2009, had previously represented Merrill Lynch and a subsidiary as a partner at Munger Tolles & Olson, BoA's lawyers. Becker joined Quinn Emanuel's London office shortly after it opened for business in in the City in October 2008.

    1 minute read

  • October 18, 2011 |

    Weil Gotshal and Wachtell among US firms on $38bn pipeline takeover

    Weil Gotshal & Manges and Wachtell Lipton Rosen & Katz are among a line-up of firms to have taken roles on US energy company Kinder Morgan's multibillion-dollar acquisition of El Paso Corporation, reports The Am Law Daily. Oil and gas pipeline company Kinder announced on Sunday (16 October) that it will pay $21.1bn (£13.4bn) to acquire its rival with an eye toward amassing the largest natural gas pipeline network in the US.

    1 minute read

  • October 13, 2011 |

    Winston & Strawn seals hire of Ashurst litigation chief for City base

    Ashurst's outgoing litigation chief Michael Madden is set to join the London office of US firm Winston & Strawn. Madden, whose departure from Ashurst was first reported by Legal Week yesterday (12 October), has been hired with a remit to launch a London commercial litigation practice for Winston. The firm is planning to recruit additional laterals in the coming months.

    1 minute read

  • October 12, 2011 |

    Why the house always wins - the huge challenges of litigating against banks

    At Legal Week's Commercial Litigation Forum, held last month in London and chaired by HHJ Simon Brown QC, Andrew Shaw and Sean Upson of Stewarts Law chaired a session discussing some of the current issues in banking litigation. As the session was attended by banking in-house counsel and litigators who act for and against banks, there was robust debate as delegates discussed issues including conflicts of interest and why claims against banks are so notoriously difficult to succeed with.

    1 minute read

  • October 12, 2011 |

    Ashurst partner exits continue with senior litigation duo set to leave

    Ashurst is set to see two senior departures from its litigation practice, with litigation chief Michael Madden leaving the firm and partner Wil Thorburn set to join JP Morgan Chase in a newly-created role as EMEA litigation head. Madden, who has been a partner since 1995, is leaving at the end of this month and will be replaced by senior litigation partner Ed Sparrow in his management role. He initially took over the post from Sparrow in 2003.

    1 minute read

  • October 10, 2011 |

    Slaughters and A&O lead on £472m private equity credit card sale

    Slaughter and May and Allen & Overy (A&O) are leading a four-firm line-up advising on the £472m private equity sale of credit card provider SAV Credit to investment manager Vaerde Partners. Slaughters advised SAV owner Palamon Capital Partners on the sale, with London corporate partner David Wittmann leading a team that also included tax partner Graham Iversen.

    1 minute read