• August 16, 2010 |

    Freshfields Beijing managing partner joins Davis Polk for HK law launch

    Freshfields Bruckhaus Deringer's Beijing managing partner is leaving the firm to launch a Hong Kong law practice for Davis Polk & Wardwell, reports The Am Law Daily. Antony Dapiran (pictured), a capital markets lawyer at Freshfields, has taken roles on several high-profile transactions for Chinese state-owned enterprises, including working side-by-side with Davis Polk representing Agricultural Bank of China on its dual listing in Hong Kong and Shanghai, which this week became the world's largest initial public offering (IPO) ever with over $22bn (£14bn) raised.

    1 minute read

  • August 16, 2010 |

    CC and Latham take lead on Italian bank's billion-dollar bond issue

    Clifford Chance (CC) and Latham & Watkins have advised on Intesa Sanpaolo's $1bn (£642m) bond issue as the Italian bank gears up for a potential $15bn (£9.6bn) bond offering via a medium term note program. Latham advised Intesa with a team led by corporate partners Michael Immordino and Jeff Lawlis alongside corporate partner Antonio Coletti and tax partner Jiyeon Lee-Lim.

    1 minute read

  • August 9, 2010 |

    Linklaters, CC and US duo line up on HgCapital's £470m Bain buyout

    A quartet of leading US and UK firms have scored roles on HgCapital's £470m acquisition of Italian software company TeamSystem from US private equity firm Bain Capital. HgCapital, which saw off competition from rival buyout firm Cinven Group to seal the deal, instructed Linklaters, which fielded a team led by London-based private equity partner Richard Youle and Milan-based banking partner Davide Mencacci. Clifford Chance (CC) advised the underwriting banks, which included Unicredit, Banca IMI and Morgan Stanley.

    1 minute read

  • August 4, 2010 |

    Negotiation trick: mirror your opponent

    Let's face it, we think of some lawyers as animals - someone who will pounce on the opposition and rip him to shreds until the desired results are achieved. A partner I once worked for years ago - let's call him 'Dick' - was a master at it: a pitbull at the negotiation table (and everywhere else), he deployed intimidation and brute strength, with some moments of charm, to win the day. Dick usually got what he wanted, but he left lots of bruised feelings and resentment in his wake.

    1 minute read

  • August 4, 2010 |

    Insolvency: Staking a claim

    Investors who lose money through declining asset values often seek to recover some of their losses from the banks or other financial institutions that have sold them the loss-making investments - but it can take a long time for these cases to reach court. Judgment was handed down in JP Morgan Chase Bank v Springwell Navigation, the leading case in this area, in May 2008, some 10 years after the events which led to the dispute - the announcement by the Russian Government, in August 1998, of a devaluation in the rouble and a restructuring of sovereign debt.

    1 minute read

  • July 21, 2010 |

    Financial regulation: The Fed's master craftsman

    The New York Federal Reserve Bank general counsel Thomas Baxter helped engineer the bailouts that kept the bottom from falling out of the economy. Sue Reisinger reports

    1 minute read

  • July 21, 2010 |

    Financial regulation: Hunting the hunter

    The FSA is to be broken up as part of a huge shake-up of regulation by the new Government - despite strong misgivings from City professionals. Alex Aldridge charts the watchdog's rise and fall and looks at the new bodies that will replace it

    1 minute read

  • July 15, 2010 |

    Cleary and Shearman sign off deal double on HSBC securities offers

    Cleary Gottlieb Steen & Hamilton and Shearman & Sterling have lined up on a series of finance deals for banking giant HSBC. The most recent deal saw HSBC offer $2bn (£1.3bn) worth of senior notes with a five-year term, with regular adviser Cleary instructed to provide UK, US and Russian law advice. Moscow-based corporate partner David Gottlieb led the team, assisted by associate Blake Klein.

    1 minute read

  • July 14, 2010 |

    Second acts: Dentons-Sonnenschein tie-up offers a chance for reinvention

    The upcoming union of Denton Wilde Sapte and Sonnenschein offers two firms that have suffered their fair share of setbacks a chance to reinvent themselves for the global legal market. Sofia Lind and Alex Novarese ask if the deal can help the pair to galvanize their businesses

    1 minute read

  • July 13, 2010 |

    Simmons appoints Middle East finance chief as former head returns to London

    Simmons & Simmons has appointed a new Middle East finance head as City partner Philip Abbott returns to London after his secondment to the region. The Middle East financial markets group will now be overseen by Qatar partner Samer Eido, who has been at Simmons since 2005 and is based in the Doha office. Eido's practice is focused on general banking law, corporate lending, trade finance, real estate finance, debt restructuring and refinancing with a focus on conventional and Islamic structured finance. He also advises on capital markets.

    1 minute read