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  • December 13, 2007 |

    Post-merger Dewey promotes 18 new partners

    Dewey & LeBoeuf has announced its partner promotions for the year, with the firm making up 18 associates, including four in the City. New York receives five new partners, the most of any office, while Washington DC gains three. The firm's branches in Moscow, Warsaw, Almaty, Milan and Texas each gain one new partner apiece.

    1 minute read

  • December 12, 2007 | International Edition

    Shearman hires Latham City finance partner

    Shearman & Sterling has boosted its City corporate finance practice taking on partner Jacques McChesney from US rival Latham & Watkins. McChesney is based joins Shearman from Latham's City office. He moved to London from Latham's New York office in 1999.

    1 minute read

  • December 12, 2007 |

    Shearman hires Latham City finance partner

    Shearman & Sterling has boosted its City corporate finance practice taking on partner Jacques McChesney from US rival Latham & Watkins. McChesney is based joins Shearman from Latham's City office. He moved to London from Latham's New York office in 1999.

    1 minute read

  • December 11, 2007 |

    Shearman, O'Melveny unveil partner promotions

    US duo Shearman & Sterling and O'Melveny & Myers have both announced their annual partner promotions today (12 December) - making up 13 and 23 partners respectively. Shearman's promotions were spread across its global offices, with two London-based lawyers - projects associate Ben Shorten and capital markets counsel Michael Benjamin - given the nod.

    1 minute read

  • December 7, 2007 |

    Hengeler heats up pay war with new salary hike

    Hengeler Mueller has raised its associate salaries for the second time in 18 months, as the elite German independent bids to keep pace with its foreign rivals. Junior lawyers at the Slaughter and May best friend have seen their pay rise from €90,000 (£65,000) a year to either €100,000 (£72,000) or €105,000 (£76,000), depending on academic qualifications.

    1 minute read

  • December 5, 2007 |

    Money laundering: A guiding light

    On 15 December, 2007, the Money Laundering Regulations 2007 will come into force. This article focuses on the new customer due diligence (CDD) requirements on the beneficial owner of the client. It considers relevant passages from the Law Society practice note on the regulations, for which the Law Society has applied for Treasury approval. If this approval is given, an English court will have to consider compliance with that guidance when assessing whether a criminal offence had been committedunder the regulations. However, a decision on such approval is not expected before spring next year.

    1 minute read

  • December 4, 2007 | International Edition

    Shearman Frankfurt chief in role switch

    Shearman & Sterling's Frankfurt managing partner, Stephen Hutter, is standing down from the management position to take on a new role as head of the firm's Europe & Asia capital markets practice. Hutter, who joined the Frankfurt office in 1992 and has headed up the local operation since 1995, will take on the new role on 1 January, 2008. Dusseldorf tax consultant Reinhard Stockum is expected to replace him as head of the Frankfurt office.

    1 minute read

  • December 4, 2007 |

    Shearman Frankfurt chief in role switch

    Shearman & Sterling's Frankfurt managing partner, Stephen Hutter, is standing down from the management position to take on a new role as head of the firm's Europe & Asia capital markets practice. Hutter, who joined the Frankfurt office in 1992 and has headed up the local operation since 1995, will take on the new role on 1 January, 2008. Dusseldorf tax consultant Reinhard Stockum is expected to replace him as head of the Frankfurt office.

    1 minute read

  • November 28, 2007 |

    Republic of Ireland: Luck of the Irish

    Ireland's commercial court played a pivotal role in October 2007 in the completion of the A5.7bn (£4.1bn) merger between German-listed banks DePfa Bank and Hypo Real Estate Holding in the most valuable corporate merger ever completed in Ireland.

    1 minute read

  • November 21, 2007 |

    That failed bid for Sainsbury's: making life taste bitter

    When Skadden Arps Slate Meagher & Flom won the lead role on the Qatar Investment Authority's (QIA's) £10.6bn bid for Sainsbury's through Delta Two, the mandate was understandably seen as a coup for the US firm's City arm. But with the deal's last-minute implosion there are recriminations and some questioning of the tactics of the bidders; where did it all go wrong for what looked like one of the most daring European deals of the year?

    1 minute read