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 …

Revolving doors: US players dominate lateral recruitment as Alston & Bird opens City branch

Revolving doors: US players dominate lateral recruitment as Alston & Bird opens City branch

US firms led the way with lateral hires in London last week, with Alston & Bird launching a City branch. The Atlanta-based Global 100 firm has hired three partners for its UK finance and payments practices. Andrew Petersen joins from K&L Gates, where he was head of the finance practice and is joined by fellow …

‘A real competitor’: Kingsley Napley strengthens employment practice with Archon Solicitors acquisition

‘A real competitor’: Kingsley Napley strengthens employment practice with Archon Solicitors acquisition

Kingsley Napley has acquired Archon Solicitors to create a combined employment practice of seven partners and 11 associates. Corinne Aldridge, managing partner of City employment firm Archon, has been appointed as the new head of Kingsley Napley’s employment team. The Archon team will move into Kingsley Napley’s Farringdon offices on 30 September and will no longer …

LB100 Second 50 – City and Boutique: The adventurers and the settlers

LB100 Second 50 – City and Boutique: The adventurers and the settlers

While the UK lurches through a Brexit drama entirely of its own making, mid-market and boutique London-based firms have focused on diversifying their services or using their unique offerings to differentiate themselves from the pack. The combined turnover for the 18 City firms that sit in the second 50 of this year’s Legal Business 100 …

Revolving doors: US & City firms target Simmons & Simmons as Ashurst makes hires

Revolving doors: US & City firms target Simmons & Simmons as Ashurst makes hires

US & City firms saw a steady influx of lateral hires across sectors as Latham & Watkins, Allen & Overy (A&O) and Watson Farley & Williams hired partners from Simmons & Simmons. US firm Latham hired Simmons’ head of equity capital markets, Chris Horton, as partner in its corporate department. Horton joined Simmons in 2008 …

Another team walks at Clydes as eight partners depart in San Francisco

Another team walks at Clydes as eight partners depart in San Francisco

Eight partners will be leaving Clyde & Co’s  San Francisco office in favour of setting up their own firm in the US. As reported in RollOnFriday, the partner group led by Joan D’Ambrosio and Bill Casey, focuses on insurance coverage and monitoring work. The team includes Christina Terplan, Julie Hawkinson, Jamie Narbaitz, Christina Marshall, Eric …

Dealwatch: Slaughters leads on Hong Kong’s £32bn LSE bid as US firms tap into mid-market

Dealwatch: Slaughters leads on Hong Kong’s £32bn LSE bid as US firms tap into mid-market

Strategic deals have continued into September after a busy summer, with firms rallying to get deals over the line before a Brexit cliff-edge threatens to become a reality. Slaughter and May has landed a mandate to advise Hong Kong Exchanges and Clearing (HKEX) on a bid which, if successful, would see it acquire the London …

Clyde & Co shipping team sets sail to establish boutique firm

Clyde & Co shipping team sets sail to establish boutique firm

Clyde & Co has lost at least five partners from its global marine group, with the shipping team leaving to set up a boutique firm. Andrew Preston is set to leave after joining the firm in 1994 and becoming a partner in 2000, as well as Elizabeth Turnbull, co-chair of the firm’s Latin American strategy committee …