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  • March 3, 2010 |

    White & Case rebuilds in London with Skadden restructuring hire

    White & Case has made its first hire in London since the loss of six City partners earlier this year. Skadden Arps Slate Meagher & Flom restructuring lawyer Chris Pilkington will join White & Case as a partner in April, having been at Skadden since October 2004. He was promoted to the rank of senior counsel in May 2008.

    1 minute read

  • February 19, 2010 |

    Ashurst shuts India liaison office as court rules against foreign firms

    Ashurst has closed its liaison office in Delhi after the Bombay High Court ruled against the practice of law by foreign firms in India. The office closure comes after a December ruling in the long-running Lawyers Collective case, during which Ashurst's license has been annually renewed by the Reserve Bank of India (RBI) without question.

    1 minute read

  • February 18, 2010 |

    BLP and Kirkland advise as Reader's Digest goes into administration

    Kirkland & Ellis and Berwin Leighton Paisner (BLP) have taken key roles on the administration of Reader's Digest and the Chapter 11 of its US parent company. Readers Digest Association filed for Chapter 11 in August last year after struggling with payments on its $2.2bn (£1.4bn) debt, and the UK arm of the subscription-only magazine filed for administration yesterday (17 February) after plans to reduce its £125m pension deficit failed, putting 117 jobs at risk.

    1 minute read

  • February 18, 2010 |

    Ashurst recruits Dewey and Pedersoli partners in boost for Italy practice

    Ashurst is bulking up its Italian practice with three new recruits, including a Dewey & LeBoeuf partner duo. Dewey partners Ugo Giordano and Fabio Pizzoccheri are both set to join Ashurst's banking and capital markets team, along with partner Ilario Giangrossi, who joins from Milan's Pedersoli & Associati.

    1 minute read

  • February 17, 2010 |

    Ashurst asks more partners to leave as departures near 30

    Ashurst has asked a number of partners to leave by the end of the current financial year, despite already seeing nearly 30 partner exits since May 2009. The top 10 City firm asked fewer than 10 partners to leave shortly before Christmas, with most set to depart by the end of April. Ashurst management confirmed to Legal Week that "fewer than 10 partners" had been asked to go, denying the figure was as high as 15.

    1 minute read

  • February 17, 2010 |

    Russia and Ukraine: Standing their ground

    The ongoing turf war between Russia's independent and foreign law firms moved up a gear in 2009. Local lawyers, long resigned to sharing their market with the crowd of international firms that began arriving in droves at the end of the Soviet era, regained a little of that lost ground thanks to the economic downturn.

    1 minute read

  • February 17, 2010 |

    CC brings in former Ashurst Asia chief to head up Tokyo corporate

    Clifford Chance (CC) has hired former Ashurst partner Alan Kitchin to lead its Tokyo corporate and projects practice. Kitchin, who left Ashurst's London office this month (10 February), will join CC as a partner and is set to relocate to Tokyo in early March. Kitchin was the founding partner of Ashurst's Tokyo office in 1990 and went on to manage the office until 2002.

    1 minute read

  • February 11, 2010 |

    Ashurst and Osborne Clarke lead on Carphone Warehouse demerger

    Ashurst and Osborne Clarke have taken lead roles on the demerger of Carphone Warehouse. Carphone Warehouse, Europe's biggest mobile phone retailer, announced details last month of how it is to split its TalkTalk fixed line voice and broadband business away from its retail arm to create two new holding companies.

    1 minute read

  • February 10, 2010 | International Edition

    Latham makes a statement with lucky 13

    For a firm of its size and ambition, Latham & Watkins has remained curiously under the radar outside the US, emerging only occasionally for significant moves such as 2008's three-pronged launch in the Middle East, before it all goes quiet again. This tendency makes this month's news that the firm is to bring in no fewer than 13 partners from White & Case across London, New York and the Middle East all the more striking.

    1 minute read

  • February 10, 2010 |

    Latham makes a statement with lucky 13

    For a firm of its size and ambition, Latham & Watkins has remained curiously under the radar outside the US, emerging only occasionally for significant moves such as 2008's three-pronged launch in the Middle East, before it all goes quiet again. This tendency makes this month's news that the firm is to bring in no fewer than 13 partners from White & Case across London, New York and the Middle East all the more striking.

    1 minute read