• September 24, 2008 |

    Brazil: Investing to and fro

    Most emerging market companies look to the US, the UK and European exchanges for their primary listings. However, since 2004, Brazilian companies have increasingly been choosing the Sao Paulo Stock Exchange, known as BOVESPA. This has been, in part, because of the enactment in 2003 by the Brazilian Securities Commission (the CVM) of a new set of rules governing securities offerings in 2003. It is similar in many respects to US securities regulation. BOVESPA is now the largest and most liquid stock exchange in Latin America, with 62 Brazilian initial public offerings (IPOs) in 2007.

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  • September 24, 2008 | International Edition

    Simmons leads as Lehman litigation kicks off

    Simmons & Simmons has scored a role on the first litigation to emerge against the European administrators of Lehman Brothers. The City firm is taking the lead for hedge fund RAB Capital, which has come forward as one of the first claimants looking to recover some of the £22bn-worth of assets frozen when Lehman went into administration last week.

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  • September 24, 2008 |

    Simmons leads as Lehman litigation kicks off

    Simmons & Simmons has scored a role on the first litigation to emerge against the European administrators of Lehman Brothers. The City firm is taking the lead for hedge fund RAB Capital, which has come forward as one of the first claimants looking to recover some of the £22bn-worth of assets frozen when Lehman went into administration last week.

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  • September 24, 2008 | International Edition

    Ashurst lands Lehman role on Nomura takeover

    Ashurst is the latest firm to benefit from the fallout of Lehman Brothers' spectacular collapse, with the top 10 City firm advising Lehman's European investment banking division on its takeover by Nomura. Corporate head Adrian Clark and corporate partner Gavin Gordon are leading the team, which also includes employment, incentives and pensions head Caroline Carter. Nomura announced today (23 September) that it had agreed to buy the European and Middle Eastern equities and investment banking operations of the stricken bank. The Japanese bank also beat Barclays to take on Lehman's Asia-Pacific operations.

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  • September 24, 2008 |

    Ashurst lands Lehman role on Nomura takeover

    Ashurst is the latest firm to benefit from the fallout of Lehman Brothers' spectacular collapse, with the top 10 City firm advising Lehman's European investment banking division on its takeover by Nomura. Corporate head Adrian Clark and corporate partner Gavin Gordon are leading the team, which also includes employment, incentives and pensions head Caroline Carter. Nomura announced today (23 September) that it had agreed to buy the European and Middle Eastern equities and investment banking operations of the stricken bank. The Japanese bank also beat Barclays to take on Lehman's Asia-Pacific operations.

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  • September 23, 2008 |

    Skadden leads on Nomura's $230m Lehman purchase

    Skadden Arps Slate Meagher & Flom has landed the top role advising Nomura on its $230m (£124m) acquisition of Lehman Brothers' Asian businesses. The US firm is advising the Japanese bank from the firm's London and Hong Kong offices, with a team including Hong Kong corporate co-head Nick Norris, London restructuring partner Lynn Hiestand and London corporate partner John Adebiyi.Skadden is thought to be advising Nomura on its bid for the defunct investment bank's European assets.

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  • September 23, 2008 |

    ...Legal Week Lunchbox: 23/09/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and more

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  • September 18, 2008 |

    Weil Gotshal, Linklaters take headline roles on dramatic Lehman collapse

    The collapse of Lehman Brothers and takeover of fellow Wall Street institution Merrill Lynch earlier this week have generated roles for a raft of top law firms on both sides of the Atlantic. Weil Gotshal & Manges and Linklaters have both secured lucrative mandates on Lehman's collapse as fears about the wider implications mount.Weil Gotshal was appointed as the main legal adviser to the stricken lender, which filed for Chapter 11 on Sunday night (14 September) after numerous failed attempts to shed its 'toxic assets'. Potential buyers including the Korean Development Bank, Bank of America and Barclays all walked away after weeks of discussions before the bank's spectacular collapse. The mandate will be seen as a coup for Weil Gotshal as the firm's top-tier restructuring practice has lost a stream of high-profile names in recent years, both in the US, where practice co-head Martin Bienenstock last year quit for Dewey & LeBoeuf, and in London, where Chris Mallon quit to join New York rival Skadden Arps Slate Meagher & Flom. Meanwhile in London, Link-laters' role for PricewaterhouseCoopers as the bank's administrator is likely to be the envy of many of its City rivals. The firm is fielding a team under restructuring chief Tony Bugg, banking partner Richard Holden and corporate partner David Ereira advising on UK aspects of the proceedings.

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  • September 15, 2008 |

    A dark mood on Wall St

    The world's leading law firms are facing an uncertain new landscape following the demise of two of Wall Street's biggest and most established…

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  • September 11, 2008 |

    Quinn Emanuel lands referral work from Freshfields and Clifford Chance

    Quinn Emanuel Urquhart Oliver & Hedges has picked up its first magic circle referral work in the City with Freshfields Bruckhaus Deringer and Clifford Chance (CC) sending out instructions to the litigation boutique. Both firms referred cases over the summer, suggesting that the US leader is already starting to make an impact in the City following its arrival in May. Freshfields referred a client in a multi-party transaction to use Quinn Emanuel after it became conflicted when a contentious issue arose between the parties. The dispute - which marked Freshfields' first referral to the litigation boutique - has since been settled. However, Freshfields confirmed it is open to referring more work to Quinn Emanuel.CC, meanwhile, has referred a number of cases to the US law firm over the summer.

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