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  • March 19, 2010 |

    Cravath posts rising revenue and partner profits for 2009

    Cravath Swaine & Moore has posted strong financial results for 2009 after a tough year for New York's elite law firms, reports The Am Law Daily. The US firm saw revenues rise by 7% to $569m (£376m), while profits per equity partner (PEP) increased by 8% to $2.7m (£1.8m).

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  • March 17, 2010 |

    JP Morgan appoints former Napster general counsel as new legal chief

    JP Morgan Chase & Co Investment Bank has named Jonathan Schwartz as its new top lawyer, reports Corporate Counsel. Schwartz, the former executive vice president and general counsel of Cablevision Systems, joined JP Morgan as general counsel of its investment bank in December after seven years at the US cable TV company.

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  • March 16, 2010 |

    DLA Piper faces sexual discrimination claim from former partner

    DLA Piper is this week defending itself in a Liverpool employment tribunal against sexual discrimination allegations brought by a former partner. The six-day hearing kicked off yesterday (15 March) after former real estate partner Sarah Sweeney started proceedings against DLA Piper last year. Sweeney, who joined DLA Piper as a trainee in 1996, was asked to leave the firm in 2008 while pregnant with her son.

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  • March 10, 2010 |

    Eversheds and CC lead on £250m UK retail property joint venture

    Eversheds and Clifford Chance (CC) have won leading roles advising on a £250m joint venture between property investment company NewRiver and Morgan Stanley Real Estate Investing (MSREI) to invest in UK retail property. The Guernsey-registered joint venture, which will be known as NewRiver Retail Investments, has an acquisition capacity of more than £250m including leverage and has already made its first portfolio acquisition.

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  • March 10, 2010 |

    Norton Rose and Lovells gear up with roles on £340m Jaguar loan

    Norton Rose and Lovells have taken lead roles on a £340m loan agreement for Jaguar Land Rover from the European Investment Bank (EIB). The loan has been granted to the car maker's parent company Tata Motors under the European Clean Transport Facility, a facility set up in 2008 to support research into green energy, and will be used to finance investment to reduce carbon dioxide emissions.

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  • March 10, 2010 |

    Herbert Smith hires Linklaters' former London US head

    Herbert Smith has bolstered its City capital markets group with the hire of the former head of Linklaters' US practice in London. Steve Thierbach is set to join the top 10 City law firm as a partner next month (6 April) and will work closely with the firm's capital markets head, Jim Wickenden.

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  • March 5, 2010 |

    Morgan Lewis turns to Dewey for London employment hire

    Morgan Lewis & Bockius has moved to bolster its London employment practice with the hire of a partner from Dewey & LeBoeuf.Matthew Howse joined the US firm this week alongside two associates from Dewey, taking the total partner count in Morgan Lewis in London to 11.

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  • March 3, 2010 |

    Field Fisher wins SRA litigation role as regulator names five on panel

    Field Fisher Waterhouse and Bevan Brittan have both won spots on the Solicitors Regulation Authority's (SRA) first-ever litigation panel. The panel, which was announced yesterday (2 March), saw five firms appointed, replacing the previous arrangement whereby a number of firms were instructed on a case-by-case basis.

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  • March 1, 2010 |

    Slaughters takes headline role for Prudential on $35bn AIG Asia buyout

    Slaughter and May and Debevoise & Plimpton have scored advisory roles on Prudential's high-profile plans to purchase the Asian assets of American International Group (AIG) for more than $35bn (£23.3bn). The two insurance groups are in advanced discussions over the sale of US Government-controlled AIG's subsidiary AIA, with Prudential this week (1 March) confirming both the discussions and the suspension of its shares as a result.

    1 minute read

  • February 24, 2010 |

    Pinsents and Freshfields take lead on buyout company's £418m listing

    Pinsent Masons and Freshfields Bruckhaus Deringer have taken lead roles on the £418m listing of restaurant entrepreneur Hugh Osmond's corporate acquisition company Horizon on the London Stock Exchange. The initial public offering (IPO), which also handed an advisory role to Morrison & Foerster (MoFo), saw Horizon start trading stock on 9 February.

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