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  • December 14, 2010 |

    Skadden and Gide head up €1bn disposal by Gucci parent company

    Skadden Arps Slate Meagher & Flom and Gide Loyrette Nouel have taken lead roles on a €1.2bn (£1bn) disposal by Gucci owner PPR. Skadden has advised French luxury goods and retail group PPR on the deal, which will see PPR offload its furniture and household goods brand Conforama to South Africa-listed manufacturing and retail group Steinhoff International Holdings.

    1 minute read

  • December 14, 2010 |

    Dewey unveils two-track bonus scale for London associates

    Dewey & LeBoeuf is set to pay its UK associates up to £21,500 as a discretionary year-end bonus, according to an internal memo sent by chairman Steve Davis. The amount awarded to associates this year ranges from £4,050 for ''tier 1' associates who joined in 2009, to £21,500 for the most senior 'tier 2' associates.

    1 minute read

  • December 8, 2010 |

    Hogan Lovells and Skadden lead on landmark $1.65bn Russia retail deal

    Hogan Lovells and Skadden Arps Slate Meagher & Flom have taken lead roles on a $1.65bn (£1bn) acquisition by one of Russia's largest retailers. X5 Retail Group, the retail branch of financial-industrial conglomerate Alfa Group, has acquired rival retail chain Kopeyka in a deal expected to close later this month. Hogan Lovells advised X5 with a team led by Moscow managing partner and corporate head Oxana Balayan (pictured) and senior M&A counsel Richard Cowie. London tax partner Karen Hughes also advised on the deal.

    1 minute read

  • December 8, 2010 |

    Skadden to close San Francisco base and consolidate California offices

    Skadden Arps Slate Meagher & Flom has announced that it will close its San Francisco office at the end of June next year, reports The Am Law Daily. The US firm has asked the lawyers in the San Francisco base - 17 associates, three counsel, and four partners - to move to its office in Palo Alto.

    1 minute read

  • December 7, 2010 |

    Linklaters and Skadden win roles on $1.8bn Brazilian bank stake sale

    Linklaters has won a role on Brazilian investment bank BTG Pactual's sale of a $1.8bn (£1.1bn) stake to an investor group led by three of the world's largest sovereign wealth funds, reports The Am Law Daily. The magic circle firm is advising the is advising the investor group with a team comprising corporate partners Albert Luzarraga and Scott Sonnenblick, London private equity partner Carlton Evans and New York-based US tax head Stephen Land.

    1 minute read

  • December 7, 2010 |

    London Office of the Year

    Skadden Arps Slate Meagher & Flom is an undisputed leader in M&A. It also has a clearly articulated policy of focusing on advising on the biggest transactions. It stuck to this policy during the credit crisis - and when deal activity revived, it reaped the rewards. It was ranked the number one firm for European M&A by value for the first half of the year by Thomson Reuters. It advised on 28 announced deals worth a total of £36bn with each deal averaging well over £1bn. Eye-catching deals the team advised on include two hostile takeover battles, an area of historic strength for the firm.

    1 minute read

  • December 3, 2010 | International Edition

    BLP, A&O and BAE scoop prizes at British Legal Awards

    Berwin Leighton Paisner (BLP), Allen & Overy (A&O), and BAE Systems were among the prize winners at last night's (2 December) British Legal Awards 2010, which took place in a snowy London at Old Billingsgate Market.

    1 minute read

  • December 3, 2010 |

    BLP, A&O and BAE scoop prizes at British Legal Awards

    Berwin Leighton Paisner (BLP), Allen & Overy (A&O), and BAE Systems were among the prize winners at last night's (2 December) British Legal Awards 2010, which took place in a snowy London at Old Billingsgate Market.

    1 minute read

  • November 24, 2010 |

    Skadden matches Cravath payouts as 2010 US firm bonus rates take shape

    Skadden Arps Slate Meagher & Flom has matched the associate bonus rates announced this week by Cravath Swaine & Moore, reports The Am Law Daily. The US firm will this year hand out bonuses ranging from $7,500 (£4,800) for first-year associates to $35,000 (£22,000) for more senior associates. News of the discretionary bonuses was revealed by Skadden executive partner Eric Friedman in an email to his fellow partners.

    1 minute read

  • November 19, 2010 |

    Cleary unveils plans to launch in Brazil

    Cleary Gottlieb Steen & Hamilton is set to launch in Sao Paulo next year as the US leader moves to reinforce its highly-rated Latin American practice. The firm is planning to relocate New York capital markets partner Juan Giraldez and Rome corporate finance partner Francisco Cestero to head up the Brazilian branch. The office will comprise 10 US-qualified lawyers initially covering international finance, cross-border M&A, regulatory issues and litigation. The launch, which is subject to regulatory approval, is set for 2011.

    1 minute read