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  • January 12, 2012 |

    At last Davis Polk hits the City, but is the Wall St leader ready to go on offensive?

    Suzanna Ring sizes up Davis Polk & Wardwell's prospects as the US leader makes its English law debut in the City...

    1 minute read

  • January 5, 2012 |

    Skadden recruits restructuring partner in London with Weil hire

    Skadden Arps Slate Meagher & Flom has strengthened its corporate restructuring practice in London with the hire of partner Dominic McCahill from rival US firm Weil Gotshal & Manges. McCahill, who will become the sixth partner in Skadden's London restructuring practice, will report to London corporate restructuring chief Chris Mallon. The firm's restructuring practice sits alongside the corporate group, which currently comprises 16 partners in the City.

    1 minute read

  • December 19, 2011 |

    Herbert Smith & A&O score roles on multi-billion dollar Rosneft financing

    Herbert Smith and Allen & Overy (A&O) have both advised on a multi-billion dollar financing facility for Russian oil giant Rosneft. A Herbert Smith team led by Moscow finance partner Edward Baring has advised Barclays Bank as agent with 12 other leading banks including Bank of America, JP Morgan and Credit Suisse.

    1 minute read

  • December 16, 2011 |

    SFO names former Revenue & Customs Prosecutions Office director as new head

    Senior City barrister David Green QC, the former director of the Revenue and Customs Prosecutions Office (RCPO), has been appointed as the next director of the Serious Fraud Office (SFO). The appointment was announced today by Attorney General Dominic Grieve QC, with Green to take up the appointment when current director Richard Alderman steps down in April 2012. The appointment, which follows an open competition, is for four years.

    1 minute read

  • December 16, 2011 |

    Davis Polk, Clifford Chance latest to announce US bonus rates

    Davis Polk & Wardwell has become the latest firm to announce US associate bonuses, with the firm opting to match rates first set by Wall Street rival Cravath Swaine & Moore last month, writes The Am Law Daily. Like Cravath, Davis Polk's bonus scale starts at $7,500 (£4,800) for those in the class of 2010 and increases incrementally to $37,500 (£24,200) for the class of 2004, according to an announcement sent out to the firm's associates on Monday (12 December).

    1 minute read

  • December 14, 2011 |

    BLP grows projects practice with hire of Allen & Overy partner

    Berwin Leighton Paisner (BLP) has turned to Allen & Overy (A&O) for its latest hire, taking projects partner Andrei Baev. Baev joins the top 15 UK firm's finance practice today (14 December) from A&O's London office. He has worked at the firm for 11 years, including in the firm's Moscow and New York offices. At BLP, he is due to split his time between London and Moscow.

    1 minute read

  • December 7, 2011 |

    Skadden and Travers lead on private equity energy purchase

    Skadden Arps Slate Meagher & Flom and Travers Smith 
have taken lead roles on Doughty Hanson's £250m acquisition of oil and gas logistics company Asco. Skadden advised the UK private equity house on the transaction, which will see the group take a majority stake in Asco. The US law firm fielded a London-based team led by corporate partner Allan Murray-Jones.

    1 minute read

  • December 7, 2011 |

    As hacking hits the headlines, steps can be taken to prosecute over stolen emails

    "The passwords to the claimant's email accounts had been obtained in July 2008 through the services of a group based in China called (remarkably) 'The Invisible Hacking Group'..." - Skadden on what English law can offer hacking victims

    1 minute read

  • December 7, 2011 |

    M&A Team of the Year: Slaughter and May

    Slaughter and May's work advising British Airways (BA) on its 
merger with Spanish airline Iberia secures it the highly-prized M&A Team of the Year Award. The deal was a complex one, given that it involved two flagship national airlines operating within a highly-regulated sector. It drew on Slaughters' expertise in corporate, capital markets, regulatory, tax and commercial law. The merger was completed in January 2011 and created a new holding company, International Consolidated Airlines Group (IAG). It is one of the world's largest airlines, and the second-largest in Europe, having a market value £5.3bn at the time of the merger.

    1 minute read

  • December 7, 2011 |

    Litigation and Regulatory Team of the Year: Wragge & Co

    This was an extremely hard-fought category – but Wragge & Co won the day thanks to the versatility 
of competition partner Bernardine Adkins, who became the first solicitor to take a competition cartel case all the way to the 
courtroom. It all began one January morning in 2006 when Adkins took a call from construction company Thomas Vale to say it was the subject of a dawn raid by the Office of Fair Trading (OFT) for alleged 'bid rigging'.

    1 minute read