Ashurst and Hogan Lovells win roles on Palmer & Harvey administration as takeover plan goes up in smoke

City firms have landed lead mandates on the administration of beleaguered British tobacco wholesaler Palmer & Harvey (P&H) following the collapse of a rescue takeover by The Carlyle Group. Ashurst and Hogan Lovells are advising administrator PwC, which was brought in when a sale process that would see US buyout giant Carlyle acquire the ailing …

‘Opportunistic’: Sidley Austin taps Simpson Thacher for brace of London private equity lawyers

‘Opportunistic’: Sidley Austin taps Simpson Thacher for brace of London private equity lawyers

With demand for City-based buyout specialists greater than ever, Sidley Austin is making good on its strategy of bolstering its European private equity practice with the hire of two lawyers from Simpson Thacher & Bartlett’s highly-rated practice in London. Wim De Vlieger had been counsel since 2007 and Till Lefranc an associate at Simpson Thacher …

Second Ashurst partner exit this week as disputes specialist Giaretta joins Mishcon de Reya

Second Ashurst partner exit this week as disputes specialist Giaretta joins Mishcon de Reya

Ashurst has seen its partner bench further diminished with the departure of disputes stalwart Ben Giaretta to Mishcon de Reya. Giaretta – who joined Ashurst in 1999 – was made up to partner in 2009 and headed its Asian arbitration team out of Singapore for seven years. He moved back to the firm’s London office …

Ashurst sees second City corporate departure to US firm in as many weeks

Ashurst sees second City corporate departure to US firm in as many weeks

Ashurst’s beleaguered M&A practice has received a fresh blow as corporate partner Dominic Ross departs for the City office of White & Case. Ross’ exit from Ashurst’s corporate practice marks the second in as many weeks to a US firm in London after it was announced that partner James Wood would join Sidley Austin in …

Deal view: Ashurst strives to reboot M&A brand but deal market is getting tougher

Deal view: Ashurst strives to reboot M&A brand but deal market is getting tougher

Ashurst’s once-admired M&A reputation has taken a pounding of late. One former partner delivers representative sentiments: ‘Corporate was the jewel in the crown. The firm has changed from what it was six or seven years ago.’ Another notes: ‘It used to be joint number one with Clifford Chance for private equity. The practice faded away …

Deal view: Ashurst strives to reboot M&A brand but deal market is getting tougher

Deal view: Ashurst strives to reboot M&A brand but deal market is getting tougher

Ashurst’s once-admired M&A reputation has taken a pounding of late. One former partner delivers representative sentiments: ‘Corporate was the jewel in the crown. The firm has changed from what it was six or seven years ago.’ Another notes: ‘It used to be joint number one with Clifford Chance for private equity. The practice faded away …

Nick of time – controversial judge Smith retires ending conduct investigations

Mr Justice Peter Smith, the controversial judge at the centre of two investigations by the Judicial Conduct and Investigations Office (JCIO), has retired. The move brings to an end all investigations and was announced just before he was set to be the subject of a disciplinary panel hearing today (30 October) and tomorrow (31 October). …

Partner promotions: Ropes & Gray sticks with tradition as it makes up two in London

Partner promotions: Ropes & Gray sticks with tradition as it makes up two in London

Ropes & Gray  continues to promote London partners two-by-two, adding another duo in finance this year as part of a global promotions round of 12. The number of City promotions equals those made in the previous two years, while the overall total is up by one from 11 in 2016. Derivatives and structured finance specialist Anna …