Revolving doors: Four in three out for Squire as Ropes brings in private equity trio

Revolving doors: Four in three out for Squire as Ropes brings in private equity trio

Ropes & Gray has taken further steps towards its goal of becoming the go-to private equity practice in the city with the addition of partners Dan Oates, Simon Saitowitz and Angela Becker in the London office. The trio, all of whom have joined from Fried Frank, are the latest in a string of London recruits …

Eversheds and Clifford Chance Moscow teams launch independent firms following Russia exodus

Eversheds and Clifford Chance Moscow teams launch independent firms following Russia exodus

Following on from the spate of Moscow office closures in March as a response to Russia’s invasion of Ukraine, international firms have started to set out their future plans for practices and teams. Clifford Chance outlined plans for its Moscow team, having announced that it would begin an ‘orderly wind down’ of its business in Russia …

Marching on

Marching on

‘People typically underestimate the innovative powers that are out there,’ reflects Rick van Aerssen, Freshfields Bruckhaus Deringer’s global managing partner. ‘The adaptability of society has been significant. The way that the different economies have weathered the storm from the pandemic has been north of what we would have anticipated two years ago. I personally think …

Global London Overview: Power plays

Global London Overview: Power plays

Had Legal Business’ Global London report come out at the end of 2021, a familiar narrative would have played out. The story would have been one of diverging fortunes as the London practices of some foreign firms looked to further strengthen their operations off the back of a booming transactional market, while others struggled to …

Revolving doors: Boies Schiller bounces back with arbitration hire as Simmons takes Stephenson Harwood real estate duo

Revolving doors: Boies Schiller bounces back with arbitration hire as Simmons takes Stephenson Harwood real estate duo

Boies Schiller Flexner has announced that arbitration specialist Timothy Foden will become the third partner in its heavily reduced London office, taking the first steps to rebuild after a recent exodus. Previously at Lalive, Foden has a wealth of experience representing clients in investor-treaty and complex commercial arbitrations in the mining and energy sectors, and regularly …

Dealwatch: City players drill down on Siccar Point Energy sale as US elite act on IFS and WorkWave deal

Dealwatch: City players drill down on Siccar Point Energy sale as US elite act on IFS and WorkWave deal

Significant deals in the pharmaceutical, energy and software space have got the market talking over the last week, as City and US giants scored major mandates. Ithaca Energy is acquiring Siccar Point Energy, best known for operating the Cambo oil and gas field in the North Sea, for $1.5bn. The buyer will pay $1.1bn up …

‘Continuing our growth story’: Noerr sees 9% growth as revenue reaches €297m

‘Continuing our growth story’: Noerr sees 9% growth as revenue reaches €297m

Noerr has continued its recent trajectory of growth by posting a global top line of €297m across 2021, up by 9% from the €271.6m recorded a year earlier. The Munich-headquartered  Euro Elite outfit, which attributes its success to mandates from listed companies, German and international private equity companies and large family-run companies, saw even stronger growth …

Revolving Doors: White & Case expands transatlantic banking offering as Squire Patton Boggs builds out data protection team

Revolving Doors: White & Case expands transatlantic banking offering as Squire Patton Boggs builds out data protection team

White & Case has announced additions to its banking and finance practice on both sides of the Atlantic. Paul Yin joins the London team from Skadden, where he was European counsel and specialises in acquisition, real estate and general corporate financings, while the Boston office welcomed the arrival of Jessica Ball and Jessica Shearer. The …

Dealwatch: Simpson Thacher and Kirkland lead on EQT’s €6.8bn BPEA deal as Freshfields and HSF jump aboard Stagecoach offer

Dealwatch: Simpson Thacher and Kirkland lead on EQT’s €6.8bn BPEA deal as Freshfields and HSF jump aboard Stagecoach offer

EQT’s €6.8bn acquisition of Baring Private Equity Asia (BPEA), Cinven’s $2.6bn buyout of BESP and Pan-European Infrastructure III’s (PEIF III) £595m cash offer for Stagecoach Group Plc have kept advisers busy in recent days, as private equity deals continue to drive the M&A market. Stockholm-headquartered EQT reached an agreement to buy Baring Private Equity Asia …