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  • April 12, 2007 | International Edition

    US duo land latest Nestle-Novartis deal

    Mayer Brown Rowe & Maw and Cravath Swaine & Moore have landed lead roles on the $5.5bn (£2.8bn) acquisition of Novartis' baby food brand by foodstuffs giant Nestle - the second major deal between the two companies in recent months.Mayer Brown is advising regular client Nestle as it agreed to acquire the Gerber baby food brand from Swiss drug maker Novartis - a deal announced earlier today (12 April). Corporate partner David Carpenter is leading the Mayer Brown team from the firm's Chicago hub.

    1 minute read

  • April 12, 2007 |

    US duo land latest Nestle-Novartis deal

    Mayer Brown Rowe & Maw and Cravath Swaine & Moore have landed lead roles on the $5.5bn (£2.8bn) acquisition of Novartis' baby food brand by foodstuffs giant Nestle - the second major deal between the two companies in recent months.Mayer Brown is advising regular client Nestle as it agreed to acquire the Gerber baby food brand from Swiss drug maker Novartis - a deal announced earlier today (12 April). Corporate partner David Carpenter is leading the Mayer Brown team from the firm's Chicago hub.

    1 minute read

  • April 10, 2007 |

    Shearman secures Shanghai launch

    Shearman & Sterling is set to open a new office in Shanghai after being granted a license by local authorities, the US firm announced today (10 April). The office - which will be Shearman's third serving the China market, alongside operations in Beijing and Hong Kong - will be headed by corporate partner Andrew Ruff and is expected to open later in the spring.

    1 minute read

  • March 28, 2007 |

    Shearman to allow 'exceptional' partners to stay on past age 65

    Shearman & Sterling has introduced new powers to allow partners to stay on beyond the normal retirement age of 65, a change it is believed was made for the benefit of heavyweight German managing partner Georg Thoma. Under the new terms, the US firm's policy committee will have the power to allow certain partners to retain their status beyond the normal retirement age.

    1 minute read

  • March 23, 2007 |

    GE drops e-bidding for US adviser overhaul

    General Electric (GE) has completed an overhaul of its US panel of advisers, ditching 44 firms and adding 12 new names to the roster. The international conglomerate, which has one of the largest in-house legal departments in the world, has axed 15 litigation firms and 13 US regional firms - including Armstrong Teasdale and Fox Rothschild - from its from its roster, which handles all of GE's legal work in the US.

    1 minute read

  • March 14, 2007 |

    Bonelli pay shake-up sparks debate over methods to retain young talent

    Italian lawyers have played down claims that Bonelli Erede Pappalardo's move to overhaul its payment structure could spark a trend among local firms to restructure in order to hold on to junior talent. The Slaughter and May ally has become the latest Italian firm to unveil plans to overhaul its profit-sharing model in a move that could set off a wave of Italian firms rewarding younger partners more evenly in a bid to fight off raids from international firms.

    1 minute read

  • March 7, 2007 | International Edition

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read

  • March 7, 2007 |

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read

  • March 7, 2007 |

    Shearman lands $800m Omani power deal

    Shearman & Sterling's London arm has advised the debt -providers on an $800m (£408m) Omani power and water project. Shearman London managing partner Kenneth MacRitchie led the team advising HSBC and SMBC. The firm won the mandate through its relationship with projects sponsor, Suez Energy International.

    1 minute read

  • February 28, 2007 |

    Scots govt review set to slash adviser roster

    Firms are vying to secure Government panel appointments as news emerges that the Scottish Executive is reviewing its advisers, while the UK Government's centralised legal review has been delayed due to unprecedented demand. The Scottish Executive, the executive arm of the Scottish Parliament, is midway through a review and is understood to be intent on stripping back the existing 12-strong roster to just six firms.

    1 minute read