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  • August 9, 2010 |

    Ashurst recruits Nabarro financial services regulation chief in the City

    Ashurst has secured a boost for its City regulatory practice with the hire of Nabarro financial services regulation head Rob Moulton. He will join the top 10 UK firm on 1 November as a partner in the financial regulatory group, which is headed by City partner James Perry.

    1 minute read

  • August 9, 2010 |

    Four firms check in for Permira's buyout of online travel company

    Linklaters, Allen & Overy (A&O), Ashurst and Garrigues have all advised on the €250m (£208m) buyout of Spanish online travel agency eDreams by UK private equity firm Permira. Permira has bought the travel agency from US private equity firm TA Associates which obtained the company in 2006 for €153m (£127m). Linklaters advised Permira with a team led by private equity partner Alejandro Ortiz alongside tax partner Javier Garcia-Pita, finance partner Ben Crosse and antitrust partner Jaime Perez-Bustamante.

    1 minute read

  • August 5, 2010 |

    Linklaters, SJ Berwin and Ashurst lead on development of new UBS City HQ

    Linklaters and SJ Berwin have taken lead roles on the £340m development and pre-let of the new UBS headquarters on the Broadgate Estate in London. Bluebutton Properties, a joint venture company owned by British Land and Blackstone, has secured a 700,000 sq ft pre-let with UBS at the estate. The new building, when completed, will be the largest office block in the City.

    1 minute read

  • August 5, 2010 |

    Deutsche Telekom recruits Ashurst Frankfurt partner as new GC

    Deutsche Telekom has appointed a new general counsel with the hire of a corporate partner from Ashurst's Frankfurt office. Claudia Junker is set to move over to Deutsche Telekom in November. She joined Ashurst from Hengeler Mueller in 2008 and specialises in corporate law and M&A.

    1 minute read

  • August 4, 2010 |

    Top 30 trainee retention returns to more than 80% as economy turns

    Trainee retention rates at the UK's leading law firms are recovering strongly this year as activity levels begin to pick up in the wake of the downturn. The average retention rate for September intakes across the UK top 30 firms currently stands at 81%, an improvement of seven percentage points on September 2009, based on the number of qualifying trainees due to remain at their firm.

    1 minute read

  • August 3, 2010 |

    A&O recruits long-serving Bingham partner for US capital markets team

    Allen & Overy (A&O) has bolstered its US capital markets practice with the hire of a top-rated securitisation partner from Bingham McCutchen. Ed de Sear has joined the firm's New York international capital markets practice in a lateral move from Boston-based Bingham.

    1 minute read

  • August 3, 2010 |

    Indian Supreme Court to give final ruling on global law firms' practising rights

    International law firms' campaign to be allowed to practise in India is set to be passed to the Indian Supreme Court following last month's visit by the Indian justice minister to the UK. Moodbidri Veerappa Moily met with Justice Secretary Kenneth Clarke to discuss how to improve the relationship between the two countries, with a particular focus on judicial and legal reform.

    1 minute read

  • August 3, 2010 |

    Sullivan and Macfarlanes lead on $1.3bn insurance takeover bid

    Sullivan & Cromwell and Macfarlanes have scored lead roles on US private equity group Apollo's $1.3bn (£835m) offer for Brit Insurance. Sullivan is advising Apollo on the bid with a team led by corporate partners Tim Emmerson, Ben Parry and Nikolaos Andronikos, alongside finance partner Neal McKnight and European counsel Rajan Subberwal.

    1 minute read

  • August 2, 2010 |

    Ashurst and CC advise on landmark £1.3bn hospital PPP

    A trio of firms have lined up on the world's largest public-private partnership (PPP) hospital in a SEK14.5bn (£1.3bn) deal. The project, Sweden's first health and medical care PPP, involved the development and construction of Stockholm's new university hospital, Nya Karolinska Solna.

    1 minute read

  • July 29, 2010 |

    Eversheds corporate partner named new head of private equity

    Eversheds has appointed a new head of private equity, with City corporate partner Richard Moulton taking over the role. Moulton replaces Mark Spinner, the firm's head of corporate, who led the private equity group for eight years. Spinner, who was appointed corporate head two years ago, will continue to practise in the private equity group but will now shift his management focus to the corporate group.

    1 minute read