Filter This View

  • November 1, 2007 |

    Commentary: Green shoots finally start to sprout in the LBO market

    OK, it is not quite as grim as some banking lawyers feared at the start of September. The leveraged finance market is creaking back into life, at least compared with the total shutdown of recent weeks. October saw some debt moved on two benchmark leveraged buy-outs (LBOs) - First Data in the US and Alliance Boots in Europe - even if the banks have had to offer a lot of concessions and only move a fraction of the total. But moving again it is, while credit spreads have begun to again narrow both in the corporate bond and money markets, easing the chronic liquidity squeeze that under-pinned the gloom.

    1 minute read

  • October 31, 2007 |

    Herbies bags role next to Slaughters on upcoming listing of Turkish broadcaster

    Herbert Smith has landed a role alongside Slaughter and May on the upcoming London float of Turkish broadcaster Digiturk. The deal sees Herbert Smith instructed for co-ordinators and bookrunners Lehman Brothers, JP Morgan and Credit Suisse as Turkey's largest digital television company moves to complete a London listing in November. The move is expected to offer a 25% stake in the business with a value of around $550m (£270m).

    1 minute read

  • October 31, 2007 | International Edition

    Herbies bags role next to Slaughters on upcoming listing of Turkish broadcaster

    Herbert Smith has landed a role alongside Slaughter and May on the upcoming London float of Turkish broadcaster Digiturk. The deal sees Herbert Smith instructed for co-ordinators and bookrunners Lehman Brothers, JP Morgan and Credit Suisse as Turkey's largest digital television company moves to complete a London listing in November. The move is expected to offer a 25% stake in the business with a value of around $550m (£270m).

    1 minute read

  • October 31, 2007 |

    Deal Week Dispatch: 31/10/2007

    Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled deals coverage, with Osborne Clarke, Olswang and DLA Piper among the movers and shakers

    1 minute read

  • October 29, 2007 |

    National firm Berrymans in surprise Cardiff debut

    Berrymans Lace Mawer has taken the unusual step of opening a new office in Cardiff, the top 60 UK firm announced today (29 October). The new office, which opens for business on Thursday (1 November), will be headed by personal injury specialist Matthew Harrington, who joins the firm as a partner from local outfit Cartwright Black.

    1 minute read

  • October 25, 2007 |

    A&O joins US duo on creation of $80bn superfund

    Allen & Overy (A&O), Mayer Brown and Cleary Gottlieb Steen & Hamilton have bagged roles advising on the creation of an $80bn (£39bn) superfund designed to kick-start the financial markets. A&O and Mayer Brown are advising the structuring banks - Citi, Bank of America and JP Morgan - on UK and US matters respectively.

    1 minute read

  • October 24, 2007 |

    Credit squeeze set to prompt private equity IPO exit flurry

    Equity capital markets (ECM) lawyers are hoping for an increase in initial public offering (IPO) activity as the effects of the credit crunch spill over into the public markets, where IPOs could be seen as an increasingly attractive exit route.

    1 minute read

  • October 17, 2007 |

    Freshfields, Linklaters lead trophy Spain IPO

    Magic circle duo Freshfields Bruckhaus Deringer and Link-laters have nudged aside local opposition to secure lead roles on one of the largest-ever initial public offerings (IPOs) in Spain - the E4bn (£2.8bn) float of Spanish bank La Caixa's investment arm.

    1 minute read

  • October 17, 2007 |

    Lovells builds up US IP with Morgan Lewis appointment

    Lovells has strengthened its fledgling US intellectual property (IP) practice with the hire of a partner from Morgan Lewis & Bockius.

    1 minute read

  • October 17, 2007 |

    Deal Week Dispatch: 17/10/2007

    Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled deals coverage, with A&O, Shearman and Platt & Fishwick among the movers and shakers

    1 minute read