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  • December 11, 2012 |

    SNR Denton and Pinsents on board £1.2bn MoD-BAE submarine deal

    SNR Denton and Pinsent Masons have taken advisory roles on the negotiation of a £1.2bn contract between BAE Systems Marine (BAE) and the Ministry of Defence (MoD) for the fourth of the Royal Navy's Astute Class nuclear-power submarines.

    1 minute read

  • December 10, 2012 |

    Weil billings on MF Global administration reach £15m with £2m for Norton Rose

    Weil Gotshal & Manges has billed more than £15m for its work on the administration of MF Global in the past year, as total legal fees generated by the broker's high-profile collapse pass £18m. The second six-month progress report filed by administrator KPMG reveals that lead legal adviser Weil billed a total of £5.8m for the period from 1 May to 30 October this year.

    1 minute read

  • December 6, 2012 |

    Slaughters among firms advising on Autumn Statement lending initiative

    Slaughter and May is advising the Treasury on the first set of investments made as part of the Government's Business Finance Partnership venture, announced yesterday (5 December) in Chancellor of the Exchequer George Osborne's Autumn Statement. The Government will invest £600m in the venture, which is intended to increase the supply of capital through non-bank lending channels, with fund managers Alcentra Limited, Haymarket Financial, M&G Investment Management and Pricoa Capital to raise a further £650m. An additional £100m is expected to be invested with a fifth fund manager.

    1 minute read

  • December 6, 2012 |

    Slaughters leads for GSK on £650m India and Africa investment

    Slaughter and May is advising global healthcare company GlaxoSmithKline (GSK) on a £650m move to increase its stake in its India and Nigeria subsidiaries. The magic circle firm is has put forward a team under corporate partners David Johnson, Simon Nicholls and Richard Smith to advise GSK.

    1 minute read

  • November 30, 2012 |

    Diversity initiative PRIME surpasses work experience targets by 10%

    Social diversity initiative PRIME has exceeded its target for the number of work experience placements offered, with 10% more opportunities offered at law firms than was aimed for.

    1 minute read

  • November 29, 2012 |

    Three steps forward – Milbank Tweed aims to translate a proud Wall St brand to the City

    Milbank Tweed Hadley & McCloy may have opened in London more than 30 years ago, but it is only in recent months that its recruitment efforts have really started to gather pace. Last month's hire of Norton Rose financial disputes partner Charles Evans capped a run of high-profile new joiners for the US firm's City arm, with the appointment marking the fifth lateral partner addition in as many months. It followed the recruitment of former Linklaters projects veteran Clive Ransome and Mayer Brown leveraged finance partner Neil Caddy in August, while Freshfields Bruckhaus Deringer's Nicholas Spearing, the office's first competition partner, joined in June – a year after Milbank narrowly missed out on hiring SJ Berwin's then EU and competition head Stephen Kon, who opted to remain at the City firm where he is now senior partner.

    1 minute read

  • November 29, 2012 |

    Eversheds acts on Shell-Waitrose petrol deal

    Eversheds has advised on an agreement between Shell UK and Waitrose that will see the oil and gas giant take over the running of the retail chain's petrol stations. The deal has seen Waitrose, which is part of the John Lewis Partnership, allow Shell to take over the branding of its petrol stations and supply petrol to Waitrose filling stations for a five-year period.

    1 minute read

  • November 29, 2012 |

    Carillion to drive panel firm work through new low-cost legal arm

    Carillion is to make all of its recently appointed panel firms use its new low-cost arm in Newcastle for commoditised work as the FTSE 250 construction group considers offering the service to other companies or law firms. The Newcastle base, known as Carillion Advisory Services (CAS), currently houses 60 paralegals providing support to Carillion on the commoditised elements of deals and other work, as well as providing legal aid advice to clients.

    1 minute read

  • November 28, 2012 |

    Bond Pearce and Field Fisher advise as Post Office secures key DVLA contract

    Bond Pearce and Field Fisher Waterhouse have advised on the Post Office's successful bid to continue supplying tax discs to UK motorists. The £450m contract with the Driver and Vehicle Licensing Agency (DVLA) will see the Post Office's standing authority to sell road tax and run driving licence applications renewed for a further seven years.

    1 minute read

  • November 26, 2012 |

    Slaughters elects disputes chief Clark to helm of firm as White retires

    Slaughter and May has elected head of dispute resolution Richard Clark as its new executive partner, succeeding current post-holder Graham White. Clark will take up a four-year term from 1 May 2013, taking responsibility for the firm's overall management strategy, covering issues relating to people, compliance, finance and systems.

    1 minute read