Filter This View

  • August 4, 2009 |

    Cleary advises Tata Steel on LSE listing and $500m capital raising

    Wall Street leader Cleary Gottlieb Steen & Hamilton's London arm has scored a role as India's Tata Steel raised around $500m (£306m) through the sale of global depository receipts (GDR) and an associated listing on the London Stock Exchange. The deal is the biggest Indian GDR listing in London and the largest capital raising by a company outside its domestic market on any European exchange so far this calendar year.

    1 minute read

  • July 31, 2009 |

    CC, Freshfields head up publishing giant's £824m equity raising

    Clifford Chance (CC) and Freshfields Bruckhaus Deringer have landed lead roles on publishing giant Reed Elsevier's £824m equity raising. CC has stepped in to advise the bookrunners JP Morgan Cazenove and UBS and joint lead manager RBS on the deal, with London capital markets partner Adrian Cartwright leading a team which included Amsterdam partner Hans Beerlage.

    1 minute read

  • July 23, 2009 |

    Stuck in the middle with you

    Secondments from advisers to clients are supposed to represent the classic professional win-win. The client gets legal talent at a discount, while the adviser gets to know the client better and cement a valuable commercial relationship. And with law firms now left with spare capacity in light of the slump in commercial activity, and many in-house departments struggling to cover work due to recruitment freezes, secondments should - on paper - be the perfect solution.

    1 minute read

  • July 23, 2009 |

    Morgan Lewis makes MoFo London partner hire

    Morgan Lewis & Bockius has made its first lateral partner hire in London since last October, bringing in a finance partner from Morrison & Foerster (MoFo). Chris Harrison joined the London office of Morgan Lewis on 20 July, becoming the first UK-qualified finance partner in the office.

    1 minute read

  • July 23, 2009 |

    PwC bulks up legal arm with trio of private practice hires

    PricewaterhouseCoopers (PwC) is bulking up its UK legal arm with a triple partner hire, with professional services rival Deloitte also extending its legal capacity. PwC Legal has hired Beachcroft partner Stephen Gummer to head its employment team as well as hiring McDermott Will & Emery employment partner Vanessa Morgan. Both have resigned from their current firms and will join PwC Legal later this year. The hires will take the employment group to five partners, including Ed Stacey, who is joining from PwC's in-house legal team.

    1 minute read

  • July 15, 2009 |

    The life of O'Brien

    Freshfields Bruckhaus Deringer veteran dealmaker Barry O'Brien does a good line in 1980s war stories. All-nighters rounded off by pints of Guinness at Smithfield market pubs feature heavily. As do hostile takeover bids, many of them initiated by highly personal full-page newspaper ads

    1 minute read

  • July 15, 2009 |

    Herbert Smith plays major role on charity investment fund launch

    Herbert Smith has played a major role in the launch of a unique charitable investment fund backed by 12 of the best known brands in UK fund management. The Invest & Give fund, an authorized investment fund, has been created as a means of encouraging investors to donate to charity.

    1 minute read

  • July 14, 2009 |

    Nationwide completes first UK legal panel

    Nationwide Building Society has completed its first ever UK panel, with five firms making the grade. Allen & Overy (A&O) is the only magic circle firm to have been appointed to the roster, joining Eversheds, Burges Salmon, Olswang and Nabarro on the panel.

    1 minute read

  • July 9, 2009 |

    Santander and JP Morgan put legal advisers under review

    Banco Santander is finalising a shake-up of its external advisers in the UK, as JP Morgan has launched a review of its preferred law firms. Santander has turned to procurement company Aquanima for the first review of its merged UK panel, which covers the legacy Abbey, Alliance & Leicester and Bradford & Bingley brands.

    1 minute read

  • July 6, 2009 |

    Bingham McCutchen acquires McKee Nelson

    Bingham McCutchen is to acquire McKee Nelson , with the two firms to merge from the start of next month, writes The American Lawyer. Partners at both firms were told of the merger this morning (6 July), with the combined firm, which will be called Bingham McCutchen, to take on all of McKee Nelson's lawyers.

    1 minute read