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  • August 31, 2011 |

    UK leaders lay out bold plans for expansion in Asia-Pacific

    Linklaters, Hogan Lovells, Ashurst and Clifford Chance (CC) are all planning to significantly ramp up their Asian operations as increasing numbers of UK and US firms look to capitalise on the region's growth potential. Linklaters is hoping to increase the amount of fee income it generates in the Asia-Pacific region to nearer 20% of global revenues over the next four years, up from 12%-13% at present.

    1 minute read

  • August 31, 2011 |

    Freshfields and Skadden advise on $3.2bn Rosneft Arctic deal

    Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom have lined up to advise on a $3.2bn (£1.96bn) Arctic exploration deal between oil giants ExxonMobil and Rosneft. Freshfields advised Russian state oil company Rosneft on the deal, with Moscow corporate partner Sergei Diyachenko and City corporate partner Frank Miller leading.

    1 minute read

  • August 30, 2011 |

    Linklaters and Skadden lead on €147bn Greece banking merger

    Linklaters and Skadden Arps Slate Meagher & Flom are advising on the merger of Greece's second and third largest banks, a tie-up which will create an institution with €147bn in total assets, reports The Am Law Daily. The merger of Alpha Bank and Eurobank, which comes amid the country's sovereign debt crisis, will make the combined entity the biggest lender in Greece and the largest bank in southeastern Europe.

    1 minute read

  • August 22, 2011 |

    Cleary opens new LatAm base with partner relocations to Sao Paulo

    Cleary Gottlieb Steen & Hamilton has opened for business in Sao Paulo after receiving approval to launch from the Brazilian authorities. Capital markets partner Juan Giraldez and corporate finance partner Francisco Cestero have relocated from New York and Rome respectively to head up the new base.

    1 minute read

  • August 19, 2011 |

    Skadden redeploys City partner following Hong Kong departures

    Skadden Arps Slate Meagher & Flom is set to relocate senior City-based M&A partner John Adebiyi to Hong Kong in response to the loss of three corporate partners in the region to US rival Kirkland & Ellis.

    1 minute read

  • August 19, 2011 |

    Gibson Dunn, Slaughters lead firms on HP's £7bn Autonomy takeover

    Gibson Dunn and Slaughter and May have won lead roles on Hewlett-Packard's (HP) £7.1bn takeover bid for Britain's largest software company Autonomy, in a deal which could become the largest ever in the history of the European IT sector.

    1 minute read

  • August 11, 2011 |

    SNR Denton boosts London energy team with Linklaters hire

    SNR Denton has added a partner to its London office with the hire of Linklaters counsel Mark Cheney. The energy-focused project finance lawyer, who trained and qualified at Linklaters before reaching the rank of counsel, joins SNR Denton's partnership in the firm's energy, transport and infrastructure team.

    1 minute read

  • August 9, 2011 |

    Kirkland adds eight partners in Hong Kong with Skadden, Latham and A&O hires

    Kirkland & Ellis has significantly bulked up its Asia arm with the hire of seven partners from Skadden Arps Slate Meagher & Flom, Latham & Watkins and Allen & Overy (A&O). Skadden Asia corporate co-heads Nicholas Norris and Dominic Tsun resigned from Skadden last Friday (5 August) to join Kirkland alongside corporate partner Li-Chien Wong. Norris has been at Skadden since 2005, when he joined from Simmons & Simmons, where he was the UK firm's Asia corporate head.

    1 minute read

  • August 3, 2011 |

    CMS French member firm posts best growth figures among France's top five

    Average revenues across the five largest law firms in France grew by 1.7% over the last financial year, with CMS Bureau Francis Lefebvre emerging as the fastest-growing firm in the group. Research by French publication Juristes Associes shows CMS Bureau Francis Lefebvre's revenue climbed by 6.5% during the last financial year to €145.9m (£128m), significantly faster than the rest of the top five. Gide Loyrette Nouel saw the next best growth in the group, with revenues increasing by 3.6% to €143.2m (£125m), putting it in second place behind Francis Lefebvre.

    1 minute read

  • July 20, 2011 | International Edition

    News Corp lawyers up as FCPA investigation feared

    It may have taken News International and the Metropolitan Police far too long to take allegations of widespread phone-hacking by now-defunct Sunday tabloid the News of the World (NoW) seriously, but they are certainly making up for lost time now. With the ongoing saga seeing senior figures stand down on a daily basis, the story is moving so fast that articles are out of date almost as soon as they are published. But what doesn't look likely to change quickly are the huge potential legal ramifications facing Rupert Murdoch's empire, both here in the UK and in the US, with the company facing the real possibility of substantial civil litigation claims from victims and shareholders, as well as criminal proceedings.

    1 minute read