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  • June 1, 2011 |

    Jones Day adds three partners to London base with Ashurst team hire

    Jones Day has added three partners to its City arm with the hire of a US securities team from Ashurst. The trio comprises US-qualified partners Daniel Bushner, Eric Stuart and Marie Elena Angulo. Bushner and Angulo started at the US law firm at the beginning of last week (23 May), with Stuart set to remain at Ashurst until the end of June to conclude several client matters.

    1 minute read

  • June 1, 2011 |

    US law firms score high marks for London vacation schemes

    Three US firms have been rated among the best vacation scheme providers in the UK market, with Legal Week research also seeing Allen & Overy (A&O) identified by students as the most prestigious global law firm for the second year running. The Legal Week Intelligence 2011 Law Student Report saw Latham & Watkins and Baker & McKenzie take the top two spots for UK vacation schemes, with Cleary Gottlieb Steen & Hamilton coming in fourth place behind Ashurst.

    1 minute read

  • May 31, 2011 |

    Linklaters banking partner set to join Weil Gotshal in London

    Weil Gotshal & Manges has secured a notable hire for its London finance practice with the addition of Linklaters banking partner Stephen Lucas. Lucas will join the US firm as soon as he has served his notice period. At Weil, he will work alongside London finance head Jacky Kelly and structured finance partner Steven Ong, as well as recent recruit James Hogben, a former Ashurst banking partner.

    1 minute read

  • May 25, 2011 |

    City duo win roles on Middle East jeweller's debt restructuring

    Ashurst and Clifford Chance (CC) have picked up key roles on the AED3bn (£505m) debt restructuring of Middle Eastern jewellery manufacturer and retailer Damas International. Ashurst won a first-time appointment to advise Damas on the restructuring, fielding a team led by City finance partner Martyn Rogers, who headed a team of associates across London and the Middle East including Dubai senior associates Aaron Lee and Chris Young and City senior associate Adair Gordon-Orr.

    1 minute read

  • May 25, 2011 | International Edition

    A change in the private equity guard is opening a few gates

    Last month Clifford Chance (CC) private equity veteran James Baird retired from the firm after more than 25 years as a partner. Clearly the departure is unlikely to spell anything like disaster for a buyout practice as dominant as CC's, but it has certainly got the private equity sewing circle talking. And, no doubt, hoping for opportunities to tighten links with some of Baird's clients, such as CVC.

    1 minute read

  • May 25, 2011 |

    A change in the private equity guard is opening a few gates

    Last month Clifford Chance (CC) private equity veteran James Baird retired from the firm after more than 25 years as a partner. Clearly the departure is unlikely to spell anything like disaster for a buyout practice as dominant as CC's, but it has certainly got the private equity sewing circle talking. And, no doubt, hoping for opportunities to tighten links with some of Baird's clients, such as CVC.

    1 minute read

  • May 25, 2011 |

    Herbert Smith and Ashurst among firms on $1.5bn Abu Dhabi power plant project

    Herbert Smith has lined up alongside a raft of firms to advise on Abu Dhabi's $1.5bn (£931.6m) Shuweihat 3 independent power plant (IPP) project, in one of the largest project financing deals so far this year. Herbert Smith advised the sponsors, Sumitomo Corporation and Korea Electric Power Corporation (KEPCO), fielding a team led by Abu Dhabi managing partner Andrew Newbery alongside dispute resolution partner Craig Shepherd and energy partner David Laurence.

    1 minute read

  • May 23, 2011 |

    Simmons and Taylor Wessing head up HMV's £53m Waterstone's sale

    Simmons & Simmons and Taylor Wessing have taken headline roles on the £53m sale of the Waterstone's book chain by struggling music retailer HMV. Simmons took the lead role for the seller, fielding a team led by City M&A partner Giles Dennison, while Taylor Wessing acted for buyer A&NN Capital Fund Management, led by London corporate finance partner Tim Stocks. The deal marks a first-time appointment for Taylor Wessing and comes on the back of a market recommendation, while Simmons is a longstanding adviser to HMV.

    1 minute read

  • May 18, 2011 |

    Ashurst turns to Linklaters for Middle East energy group boost

    Ashurst has boosted its Middle East energy and infrastructure practice with a hire from Linklaters and a partner relocation from London. David Charlier, who was a counsel at Linklaters Dubai, is set to join Ashurst's Dubai office as a partner on 1 June.

    1 minute read

  • May 17, 2011 |

    Linklaters names partner duo as US co-heads

    Linklaters has appointed new co-managing partners for its US practice, as incumbents Larry Byrne and Nick Rees step down. Conrado Tenaglia and Jeff Norton have been appointed as of 1 May for a four-year term. Norton, who will continue in his role as US banking co-head alongside his new responsibilities, has been at Linklaters since 2005 when he joined from US outfit O'Melveny & Myers. Meanwhile, Tenaglia relocated to the New York office earlier this year from his role as co-managing partner for Linklaters in Spain. He was previously based in the firm's US office from 2001 to 2003 before moving to Madrid.

    1 minute read