Freshfields loses key rising star Newhouse as Latham renews City M&A push

Freshfields loses key rising star Newhouse as Latham renews City M&A push

In the latest blow to the UK Magic Circle, Latham & Watkins has hired one of Freshfields Bruckhaus Deringer’s brightest young partners, Sam Newhouse. The US giant confirmed today (25 February) its most significant move in the UK public company M&A space since the hire of Allen & Overy’s well-liked M&A partner Ed Barnett in …

Taylor Wessing loses practice head as Latham targets UK mid-market for first City tech laterals

Taylor Wessing loses practice head as Latham targets UK mid-market for first City tech laterals

Latham & Watkins has become the latest US player to expand its City emerging company capabilities by targeting two mid-market UK firms for a double-partner hire. Taylor Wessing has seen one of its more senior departures in recent years as its head of technology, media and communications Mike Turner decamped to the US firm alongside Bird …

Dealwatch: Weil and Mayer Brown scoop leads on Nestlé’s $4bn US ice cream business sale

Dealwatch: Weil and Mayer Brown scoop leads on Nestlé’s $4bn US ice cream business sale

Weil Gotshal & Manges and Mayer Brown have advised on the sale of Nestlé’s US ice cream business to Froneri for $4bn. Froneri is an ice cream focused joint venture by Nestlé and PAI Partners created in 2016. The deal means that brands such as Häagen-Dazs, Edy’s, Drumstick and Dreyer’s will join its portfolio which …

Revolving doors: Latham revisits CC for finance hire as DLA recruits BCLP duo in London

Revolving doors: Latham revisits CC for finance hire as DLA recruits BCLP duo in London

Defying the pre-Christmas lull in City laterals, Latham & Watkins last week returned to Clifford Chance to bolster its finance bench as DLA Piper expanded its infrastructure disputes team with a double hire. Latham hired CC infrastructure and real estate veteran Stephen Curtis to its London finance team. Curtis, who had been at the Magic Circle firm …

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 …