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  • December 7, 2011 |

    London Office of the Year: Weil Gotshal & Manges

    Weil Gotshal & Manges has dubbed 2011 "the most strategically significant year for its London office since it was launched 15 years ago". The judges were suitably impressed with the evidence to support this statement, including a hugely impressive roster of senior partner hires from leading UK rivals. In recent months the office, which is led by Mike Francies, has hired partners from Jones Day, Ashurst, Shearman & Sterling and Debevoise & Plimpton.

    1 minute read

  • November 30, 2011 |

    Morgan Lewis adds finance partner to business arm

    Morgan Lewis has hired its second Simmons & Simmons partner in recent months, with private funds partner Noel Ainsworth set to join the US firm in the New Year (3 January).

    1 minute read

  • November 30, 2011 |

    CC and A&O act in €3bn bond deal to bail out Irish

    Clifford Chance (CC) and Allen & Overy (A&O) have taken lead roles on a €3bn (£2.6bn) bond sale by the European Financial Stability Facility (EFSF), the latest part of the financial assistance programme for Ireland. CC advised the euro-zone bailout facility EFSF as it launched the issue via a syndicate of lead manager banks advised by A&O. The sale is the first EFSF bond issue since eurozone countries renegotiated the size and terms of the facility over the summer in response to the heightened financial crisis, particularly in Greece.

    1 minute read

  • November 23, 2011 |

    Freshfields, CC lead as Russian mining company floats in London

    Freshfields Bruckhaus Deringer and Clifford Chance (CC) have taken lead roles on Russian gold and silver mining company Polymetal's $500m (£317m) initial public offering (IPO) on the London Stock Exchange. Polymetal, the world's third-largest silver producer, hopes to join the FTSE 100 index with the move, having recently posted a market capitalisation of approximately $7bn (£4.4bn).

    1 minute read

  • November 16, 2011 |

    The Cadbury hero - Hank Udow on his new role at Reed Elsevier and the epic Cadbury takeover

    Ex-Cadbury GC 
Hank Udow tells Friederike Heine how his legal team coped with Kraft's takeover

    1 minute read

  • 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