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  • March 26, 2007 | International Edition

    CC joins Slaughters on £5bn house-builder merger

    Slaughter and May and Clifford Chance (CC) have bagged lead roles on the proposed £5bn merger of Taylor Woodrow and George Wimpey announced today (26 March) - a deal that would create the largest house-building group in the UK. Slaughters, which has advised both companies in the past, is acting for Taylor Woodrow on the bid, with corporate partner Jeff Twentyman leading the team for the magic circle firm.

    1 minute read

  • March 22, 2007 |

    M&A boom sees Wall St elite set $3m PEP benchmark

    Average partner profits of $3m (£1.5m) have become the benchmark for top US firms, Legal Week can reveal, after a record year for M&A helped a handful of New York firms maintain their lead in the profession's global profits race. Manhattan M&A powerhouse Wachtell Lipton Rosen & Katz is top of the list with 2006 profits per equity partner (PEP) just below $4m (£2m), while Cravath Swaine & Moore's PEP rose 13% to hit $3m (£1.5m).Sullivan & Cromwell achieved a PEP figure of $2.8m (£1.4m), level with Cadwalader Wickersham & Taft. Skadden Arps Slate Meagher & Flom, America's largest law firm, broke the $2m (£1m) PEP barrier after a 16% rise.

    1 minute read

  • March 22, 2007 |

    Cuatrecasas tops list of Euro indies with 21% turnover rise

    Spanish heavyweight Cuatrecasas is leading a group of independent European firms posting strong year-end results by recording a 21% rise in turnover. Cuatrecasas achieved revenues of E198m (£136m) for the firm's financial year, which ended on 31 December, 2006.

    1 minute read

  • March 21, 2007 |

    Macfarlanes bags Boots takeover role

    Macfarlanes has scored a coveted role on the £9.7bn takeover bid for Alliance Boots, advising executive deputy chairman Stefano Pessina on his part in the takeover bid.

    1 minute read

  • March 21, 2007 |

    Deals: Commercial: 22/03/2007

    - Lovells financial institutions partner Rachel Kent has advised Swiss Re on an outsourcing agreement with Aviva which will see Swiss Re take on the administration of three million life and pension policies. Slaughter and May advised Aviva with technology and outsourcing partner Robert Sumroy leading.

    1 minute read

  • March 21, 2007 |

    Mark Rawlinson: Anatomy of a deal

    Always bad news when the phone goes before 9am on a Sunday! Article in The Sunday Times with too much information about the approach from Dubai Ports World (DPW). Board call. Out of hours press announcement.

    1 minute read

  • March 19, 2007 | International Edition

    City duo book places on First Choice-TUI tie-up

    Allen & Overy (A&O) and Herbert Smith have landed the lead roles on the latest major tie-up in the fast-consolidating travel sector - the merger bid between UK holiday giant First Choice and German group TUI. The deal, which was announced today (19 March), will see First Choice combine with the tourism arm of TUI to create TUI Travel - a London-listed company with annual revenues of around £12bn.

    1 minute read

  • March 19, 2007 |

    City duo book places on First Choice-TUI tie-up

    Allen & Overy (A&O) and Herbert Smith have landed the lead roles on the latest major tie-up in the fast-consolidating travel sector - the merger bid between UK holiday giant First Choice and German group TUI. The deal, which was announced today (19 March), will see First Choice combine with the tourism arm of TUI to create TUI Travel - a London-listed company with annual revenues of around £12bn.

    1 minute read

  • March 14, 2007 |

    Slaughters, CC win roles on KKR's Boots bid

    Magic circle duo Slaughter and May and Clifford Chance (CC) have bagged leading roles on Kohlberg Kravis Roberts & Co's (KKR's) high stakes £9.7bn bid for Alliance Boots.

    1 minute read

  • March 14, 2007 |

    Bonelli pay shake-up sparks debate over methods to retain young talent

    Italian lawyers have played down claims that Bonelli Erede Pappalardo's move to overhaul its payment structure could spark a trend among local firms to restructure in order to hold on to junior talent. The Slaughter and May ally has become the latest Italian firm to unveil plans to overhaul its profit-sharing model in a move that could set off a wave of Italian firms rewarding younger partners more evenly in a bid to fight off raids from international firms.

    1 minute read