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  • July 9, 2009 |

    GE appoints CC and Ashurst to Europe adviser roster

    General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles including Clifford Chance, Allen & Overy (A&O), Ashurst and Norton Rose.

    1 minute read

  • July 9, 2009 |

    CC scales down CEE operations with Budapest spin-off but keeps Romania and Ukraine focus

    Clifford Chance (CC) has become the latest magic circle firm to retrench in Central and Eastern Europe (CEE), with the firm opting to close in Budapest. The Hungary office will spin off from CC at the end of July to form Lakatos Koves & Partners, which will continue to work with CC in a 'best friends' relationship. The spin-off practice will see all 29 Hungary-based fee earners, as well as staff, join the new firm.

    1 minute read

  • July 9, 2009 | International Edition

    Foreign firms put merger hopes on hold to hunker down for recession

    The number of international law firms in London looking for a tie-up has fallen to its lowest level in five years, as firms batten down the hatches in their City outposts during the downturn. Only 21% of non-UK headquartered firms in London said they would consider a merger with a UK firm according to Legal Week's annual survey of international law firms in London. The result marks a sharp decline from last year when 45% of firms said they would consider a UK deal.

    1 minute read

  • July 9, 2009 |

    Foreign firms put merger hopes on hold to hunker down for recession

    The number of international law firms in London looking for a tie-up has fallen to its lowest level in five years, as firms batten down the hatches in their City outposts during the downturn. Only 21% of non-UK headquartered firms in London said they would consider a merger with a UK firm according to Legal Week's annual survey of international law firms in London. The result marks a sharp decline from last year when 45% of firms said they would consider a UK deal.

    1 minute read

  • July 7, 2009 |

    Sullivan & Cromwell finalises first UK corporate Rio Tinto deal

    Sullivan & Cromwell has completed its first UK corporate deal for Rio Tinto, acting opposite Baker & McKenzie on the $1.2bn (£742,058) disposal of Rio's Alcan Food Americas division to US packaging company Bemis. The US firm was instructed by Rio Tinto last year following a beauty parade and fielded a team from London and New York led by London M&A partners Tim Emmerson and Nikolaos Andronikos, assisted by tax partner Michael McGowan.

    1 minute read

  • July 6, 2009 |

    Bingham McCutchen acquires McKee Nelson

    Bingham McCutchen is to acquire McKee Nelson , with the two firms to merge from the start of next month, writes The American Lawyer. Partners at both firms were told of the merger this morning (6 July), with the combined firm, which will be called Bingham McCutchen, to take on all of McKee Nelson's lawyers.

    1 minute read

  • July 2, 2009 |

    GE appoints CC and Ashurst to Europe adviser roster

    General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster.

    1 minute read

  • June 30, 2009 |

    Bakers names new chair to oversee Southeast Asia offices

    Baker & McKenzie has appointed M&A partner Clive Cook as chair of its Singapore, Malaysia and Indonesian offices. Cook is relocating to the region to take up the newly-created role as of 1 July. He will be based in Singapore and will take overall responsibility for the firm's four branches in the region - Jakarta, Kuala Lumpur, Manila and Singapore - with each office retaining a managing partner of its own.

    1 minute read

  • June 29, 2009 |

    A legacy of litigation survives the king of pop

    When pop legend Michael Jackson died on Thursday (25 June), he left behind multiple lawsuits that are pending against, and some brought on behalf of, himself and his production company, MJJ Productions. Lawyers handling those cases are spread across the country, managing everything from breach-of-contract disputes to employee claims to copyright infringement, writes The National Law Journal. It is unclear who would represent Jackson's estate in the litigation.

    1 minute read

  • June 25, 2009 |

    Bakers bulks projects team and brings in new FD – both from A&O

    Baker & McKenzie is set to expand its London banking practice with the hire of Allen & Overy (A&O) partner Calvin Walker. Walker, who specialises in project and structured finance, will join Bakers in September after 11 years as a partner with the magic circle law firm.

    1 minute read