Global firms lined up to advise as Thomas Cook rescue talks fail

Global firms lined up to advise as Thomas Cook rescue talks fail

With news this weekend that Thomas Cook is on the brink of collapse and has ceased trading with immediate effect, a number of global elite firms have been lined up to advise on the latest high-profile collapse of a household name. Ashurst is advising  the Official Receiver as well as AlixPartners and KPMG, which were …

Latham turns focus to Manhattan as chair Trobman relocates from London

Latham turns focus to Manhattan as chair Trobman relocates from London

Latham & Watkins’ leadership is moving out of London after four years with City-based chair and managing partner Rich Trobman is set to relocate to his native US just over a year into his first term at the helm of the firm. The firm confirmed today (29 July) that Trobman is moving to its New …

Latham confirms death of Spain managing partner Juan Picón

Latham confirms death of Spain managing partner Juan Picón

Latham & Watkins’ Spain managing partner and former DLA Piper senior partner Juan Picón, one of his home country’s top commercial lawyers, has died of lymphoma cancer. A post on Picón’s LinkedIn profile about a week ago mentioned a ‘new challenge’, referencing an article on Spanish business media El Confidencial talking about an ‘unforeseen health issue’ …

Global Elite line up on Nestlé’s $10bn skincare business sale to EQT

Global Elite line up on Nestlé’s $10bn skincare business sale to EQT

Latham & Watkins is acting alongside US counterpart Kirkland & Ellis in advising EQT as the private equity house looks to acquire Nestlé’s skincare business, in what could be one of the largest transactions in Europe this year. Nestlé, which is being advised by Linklaters corporate partners David Martin and Michael Honan, confirmed talks with …

International round-up: Greenberg Traurig enters Italy through Milan merger as Latham goes big in Japan

International round-up: Greenberg Traurig enters Italy through Milan merger as Latham goes big in Japan

Greenberg Traurig is to open its fifth European office via the acquisition of a Milan boutique and the hire of two veterans from the Italian branch of Freshfields Bruckhaus Deringer. The US firm announced yesterday (16 May) that as of July the northern Italian city will become the location of its 40th office worldwide while …

The head, the tail, the whole damn thing: UK firms suffer again as Global London sharks circle

The head, the tail, the whole damn thing: UK firms suffer again as Global London sharks circle

With recent financial results displaying the added bite of US firms in the City, it appears their approach to the lateral recruitment market will continue to be just as aggressive. Paul Hastings continued to signal its M&A ambitions with the hire of Steven Bryan from Hogan Lovells, while Latham & Watkins proved again it is …

US firms strike in the City again as Latham hits Links and Paul Hastings taps Hogan Lovells

US firms strike in the City again as Latham hits Links and Paul Hastings taps Hogan Lovells

Latham & Watkins has once again hit the Magic Circle to expand beyond its traditional transactional heartlands in the City, recruiting Linklaters insurance partner Victoria Sander. Paul Hastings has also made the latest in a series of London hires, with former Hogan Lovells M&A infrastructure and energy partner Steven Bryan starting at the US firm this week.

‘Only the beginning’: Latham adds more than $300m to top line as Sidley nears £100m in the City

‘Only the beginning’: Latham adds more than $300m to top line as Sidley nears £100m in the City

A year after becoming the first law firm to break the $3bn barrier, Latham & Watkins has posted an even stronger set of financial results, growing revenue at a faster 11% rate to hit $3.386bn in 2018. Meanwhile, Sidley Austin joined the growing number of US firms to report double-digit growth for their City operations …

Deal watch: Latham joins Freshfields and A&O on €5.7bn European buyout as Eversheds acts on €590m UK takeover

Deal watch: Latham joins Freshfields and A&O on €5.7bn European buyout as Eversheds acts on €590m UK takeover

Continental Europe provided rich pickings to the global legal elite this week, as Blackstone and Hellman & Friedman agreed to one of the largest ever takeovers of a German listed company by a private equity group. It was a busy week for the UK market too, as Eversheds Sutherland joined Allen & Overy (A&O) on the €590m …