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  • March 5, 2008 |

    Kirkland, Sidley win €216m bank buy-out roles

    Kirkland & Ellis and Sidley Austin have advised on Allied Irish Bank's acquisition of a 49.99% stake in Bulgarian American Credit Bank (BACB) for €216m (£166m). The deal, which is set to close over the next few months, has seen Sidley London corporate partner Thomas Thesing lead the team advising Allied Irish.

    1 minute read

  • March 5, 2008 |

    Bear Stearns man takes Weil executive role

    Weil Gotshal & Manges has hired Bear Stearns' chief operating officer of legal and compliance as its new executive director. David Strumeyer took up his new position on Monday (3 March) and will be based in Weil Gotshal's New York headquarters. He will be responsible for the administration of the firm's overall operations.

    1 minute read

  • February 26, 2008 |

    Mystery patent blogger is Cisco in-houser

    The author of an influential but controversial blog criticising companies for holding patents solely to sue for infringement has been unveiled as a senior in-house lawyer at IT giant Cisco Systems, writes The Recorder. Richard Frenkel, a director in Cisco's intellectual property (IP) group, unmasked himself on Saturday (23 February) as the author of Patent Troll Tracker following an anonymous threat via email to identify him.

    1 minute read

  • February 25, 2008 |

    Skadden Euro push lands Links tax man

    Skadden Arps Meagher & Flom has boosted its French practice with the hire of a tax partner from City giant Linklaters. Philippe Derouin will join Skadden in Paris as a partner next month. He advises clients on tax aspects of a wide range of domestic and international matters, including M&A, corporate restructurings, structured and project finance and tax litigation.

    1 minute read

  • February 25, 2008 |

    ...Legal Week Lunchbox 25/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; a new Career Clinic dilemma; and more

    1 minute read

  • February 24, 2008 |

    Departures ask tough questions of Weil bankruptcy team

    For decades, Weil Gotshal & Manges' bankruptcy department was as dominant as the Roman legion. Legendary partner Harvey Miller helped make the practice…

    1 minute read

  • February 21, 2008 |

    Herbert Smith, Norton Rose and V&E win prized energy mandates

    Vinson & Elkins, Herbert Smith and Norton Rose have won coveted places on private equity house HG Capital's energy fund panel. Six firms tendered for places in a review process launched last summer by HG Capital general counsel John Kitching. The new panel will advise purely in relation to HG's Capital's fund investing in renewable energy.

    1 minute read

  • February 20, 2008 |

    NY duo record double-digit growth for 2007 as Milbank enjoys best-ever year in London

    Weil Gotshal & Manges and Milbank Tweed Hadley & McCloy have both announced double-digit growth in turnover and profitability with Milbank managing to boost revenues by almost 20%. Milbank more than doubled its 2006 growth rate to record an 18.8% rise in global fee income, taking turnover from $540.8m (£274.6m) in 2006 to $642.5m (£326.2m) in 2007.Profits per equity partner (PEP) rose by 16.4% to $2.53m (£1.28m) compared to $2.17m (£1m) in 2006.

    1 minute read

  • February 14, 2008 |

    ...Legal Week Lunchbox 15/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; Good Week, Bad Week; and more

    1 minute read

  • February 14, 2008 |

    Weil breaks $2m PEP as Milbank ups pace

    Weil Gotshal & Manges has broken the $2m(£1.03m) barrier for partner profits in 2007, as Manhattan rival Milbank Tweed Hadley & McCloy becomes the latest US firm to post double-digit increases in both turnover and profitability. Profits per equity partner (PEP) at Weil Gotshal improved by 11% to reach $2.11m (£1.07m), up from last year's figure of $1.9m (£965,000).

    1 minute read