Making bail – getting Cyprus back on its feet

Making bail – getting Cyprus back on its feet

A year ago Cyprus was heading for disaster. The banking crisis had hit hard and predictions of where it would leave the country ranged from the sublime to the ridiculous. Hyperbolic headlines screamed that Cyprus would be forced to quit the eurozone and that everybody would be out of a job. Foreign investors would leave …

Deal Watch: Slaughters advises on £3.6bn ICI pension annuity buy-in and £390m Ignis buyout; Travers leads on $3.1bn Nets sale

Standout corporate mandates over the past few days have included a high profile run by Slaughter and May on deals including a £3.6bn bulk annuity buy-in over the ICI Pension Fund and Standard Life’s £390m acquisition of Ignis Asset Management, as Travers Smith and Kirkland & Ellis led on the $3.1bn acquisition of Nordic card-payment business Nets Holding.

Revolving Doors: Brodies hires Transocean former GC as Squire Sanders and Bird & Bird make key hires

The past week was one for lateral hires outside the City, as Brodies boosted its oil and gas practice with the hire of former Transocean general counsel for Africa and the Mediterranean, Tom Hickey; Squire Sanders beefed up its construction team in Manchester with former head of construction and engineering and corporate services at Pannone, Sean McCay; …