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  • December 8, 2009 |

    Ashurst seals HK boost with DLA team hire

    Ashurst is set to boost its Hong Kong office with the hire of a four-lawyer team from DLA Piper, including the head of its Asia financial regulatory practice. Structured finance partner Peter Kwon will join Ashurst in January along with three associates to launch a Hong Kong securities and structured finance practice.

    1 minute read

  • December 8, 2009 |

    Ashurst management board set for reshuffle

    Ashurst is set for a shake-up of its management board, with two of its members coming to the end of their terms. Litigation partner Ed Sparrow and energy, transport and infrastructure partner Logan Mair's three-year terms are due to end in January, although it is not yet known whether they will stand again.

    1 minute read

  • December 8, 2009 |

    RBS solidifies legal panel with 18 firms given three-year terms

    Royal Bank of Scotland (RBS) has finalised a review of its legal panel, with at least 18 law firms making the grade. The bank, which kicked off a review of its external advisers in the spring, is in the process of formalising the appointments, with firms waiting for written confirmation.

    1 minute read

  • December 4, 2009 |

    Ashurst and Cleary win lead roles on Rusal's $3bn Hong Kong listing

    Cleary Gottlieb Steen & Hamilton and Ashurst have won roles on Rusal's planned $3bn (£2bn) flotation on the Hong Kong stock exchange. Cleary has landed the main role on the listing, fielding a team led by City-based partner Dan Braverman advising on US, English and French law. Ashurst corporate partner Andrew Edge is providing additional English law, while US firm Sidley Austin is advising on Hong Kong law, with a team led by Hong Kong-based capital markets partner Constance Choy.

    1 minute read

  • December 3, 2009 |

    Bromwich wins third term as Ashurst managing partner

    Ashurst's management board has appointed Simon Bromwich for a third term as managing partner. Bromwich's will start his third term at the helm of the top 10 City firm in January 2010 for a further three years. He was first appointed in 2004 after only four years as a partner at Ashurst, and subsequently reappointed in 2007.

    1 minute read

  • December 2, 2009 |

    Middle East lawyers remain calm despite Dubai crisis

    Middle East lawyers are moving to downplay fears over Dubai's future amid growing concerns regarding the Emirate's debts. A host of international law firms, including Clifford Chance (CC), Latham & Watkins and Allen & Overy (A&O), have already won roles advising on the restructuring of Dubai World, which last week caused global panic when it emerged it wanted to delay debt repayments.

    1 minute read

  • December 2, 2009 |

    LLP filings show nearly 400 partners left UK top 20 firms in 2009

    The UK's top 20 law firms have seen nearly 400 partners leave since the beginning of 2009, with Clifford Chance (CC), Eversheds and Allen & Overy (A&O) topping the departure rankings. Limited liability partnership (LLP) filings with Companies House show that 384 partners have left the UK's largest 20 firms by revenue since 1 January – in a year in which many firms have been actively restructuring their partnerships and managing out partners. This figure rises to 496 including partners resigning from the LLP but remaining with the firms as consultants or offices outside the LLP.

    1 minute read

  • December 2, 2009 |

    Taylor Wessing posts 15% turnover fall for first half of financial year

    Taylor Wessing has become the latest firm to reveal its half-year financials, posting a 15% drop in revenues. Global fee income for the period ending 31 October fell to £77m, down 15% from the figure of £84.7m the firm took in in 2008-09.

    1 minute read

  • December 2, 2009 |

    Ashurst wins role for Nakheel bondholders on Dubai debt crisis

    Ashurst has become the latest City firm to win a role in relation to Dubai's debt crisis. The top 10 City firm is advising a group of bondholders who collectively hold more than 25% of bonds in Nakheel - the Dubai World-owned property company at the heart of the crisis.

    1 minute read

  • December 2, 2009 | International Edition

    Ashurst wins role for Nakheel bondholders on Dubai debt crisis

    Ashurst has become the latest City firm to win a role in relation to Dubai's debt crisis. The top 10 City firm is advising a group of bondholders who collectively hold more than 25% of bonds in Nakheel - the Dubai World-owned property company at the heart of the crisis.

    1 minute read