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  • November 8, 2012 |

    UK duo act as Japan pharma co takes GSK-Pfizer JV stake

    Allen & Overy (A&O) and Slaughter and May are among a line-up of top law firms advising on Japanese pharma group Shionogi's purchase of a 10% stake in Pfizer and GlaxoSmithKline's (GSK) joint venture ViiV Healthcare.

    1 minute read

  • November 8, 2012 |

    Latest bank reviews show some concessions, but will finance clients keep calling the tune?

    RBS listens to advisers as Lloyds pushes for value but outlook will challenge banks' position, writes Suzanna Ring

    1 minute read

  • November 8, 2012 |

    Pinsents confirms second round of post-merger back office job cuts

    Pinsent Masons is to cut around 15 support staff after announcing its second redundancy consultation since its merger with Scots firm McGrigors went live in May. The national firm confirmed the consultation today (8 November), with the cuts expected to affect staff in the firms' finance and knowledge management teams.

    1 minute read

  • November 8, 2012 |

    Slaughters redundancy consultation sees 44 secretaries exit firm

    Slaughter and May has concluded a redundancy consultation which will see 44 secretarial staff leave the firm, the vast majority of which have opted to take voluntary redundancy. The firm began the consultation last month, with around 28 full-time equivalent roles expected to be affected. However, more secretaries opted to take voluntary redundancy than were required, with 41 taking up the offer, equating to a reduction of 30.3 full-time equivalent (FTE) roles.

    1 minute read

  • November 6, 2012 |

    DLA Piper boosts Africa coverage with addition of five firms to network

    DLA Piper has expanded its Africa presence with the addition of five independent law firms to its network on the continent. The new additions to DLA's Africa Group, all of which have joined over the last 12 months, take the total number of firms within the network to 11.

    1 minute read

  • November 5, 2012 |

    Mayer Brown, Bingham, Macfarlanes line up on Comet administration

    Mayer Brown, Bingham McCutchen and Macfarlanes have taken roles on the administration of electrical retailer Comet, whose collapse marks the latest High Street casualty.

    1 minute read

  • November 3, 2012 |

    Slaughters, Sullivan and Davis Polk eye big returns from key China IPO

    Slaughter and May, Sullivan & Cromwell and Davis Polk & Wardwell have picked up lead advisory roles as the state-owned People's Insurance Company of China (PICC Group) draws closer to completing its multi-billion dollar Hong Kong initial public offering (IPO).

    1 minute read

  • October 31, 2012 |

    Slaughters cuts back bonuses once more with associates to receive 5%

    Slaughter and May has cut back the bonuses it pays to its fee earners, trainees and staff, with trainee bonuses now down to 2.5% from 8% two years ago. The firm's associates will receive a 5% bonus for 2012, down from the 8% paid out last year, while trainees and support staff will receive a 2.5% payout.

    1 minute read

  • October 29, 2012 |

    Freshfields and Slaughters lead on Penguin Random House merger

    Freshfields Bruckhaus Deringer and Slaughter and May have picked up leading roles alongside two US firms on the planned joint venture between Penguin and Random House, which will create a consumer publishing giant with combined revenues of around £2.5bn. UK media group Pearson and German rival Bertelsmann confirmed today (29 October) that they have agreed to combine their respective publishing outfits, with Random House owner Bertelsmann set to own 53% of the new Penguin Random House joint venture and Penguin parent Pearson the remaining 47% stake.

    1 minute read

  • October 28, 2012 |

    Slaughters, BLP, DLA advise on sale of London landmark Admiralty Arch

    Slaughter and May, Berwin Leighton Paisner (BLP) and DLA Piper have advised on the Government's £60m sale of London landmark Admiralty Arch to Spanish developer Prime Investors Capital (PIC). The developer, which is run by former JP Morgan investment banker Rafael Serrano, won a competitive bid to secure the deal and will now undertake a restoration project that will see the Grade-I listed building transformed into an upmarket hotel, subject to planning permission.

    1 minute read