A significant portion of the Royal Bank of Scotland (RBS) investors represented by Signature Litigation in the ongoing £4bn rights issue battle have settled their claims, while a remaining 60% of the firm’s claimants, including 27,000 retail investors, are pushing forward for trial on 3 May. Continue reading “RBS rights issue litigation narrowed as 40% of Signature’s claimants take settlement”
Eversheds Sutherland has made 20 partner promotions, with 50% of these promotions outside the UK in countries such as Austria, France, Germany, Hong Kong, Ireland, Italy, Latvia and the United Arab Emirates. The round is a reduction on last year when the firm made up 26 partners. Continue reading “Partner promotions: Eversheds Sutherland promotes half outside the UK in reduced round of 20”
Fieldfisher has picked up Freshfields Bruckhaus Deringer‘s former Paris finance head Dougall Molson. The appointment follows the Magic Circle firm’s rejig of its finance practice, which will see six finance partners leave at the end of the month. Continue reading “Fieldfisher makes major structured finance play with Freshfields hire”
Stuart Kelly has been appointed as group general counsel and company secretary at Network Rail, following the departure of Suzanne Wise, who left the rail company in March to take a non-legal role at Japan Tobacco International (JTI) as a senior vice-president for corporate development. Continue reading “In-house: Kelly takes group GC role at Network Rail following Wise’s departure”
Freshfields Bruckhaus Deringer has announced the appointment of a three-partner bankruptcy team from Arnold & Porter Kaye Scholer, with the team joining the firm’s New York office. Continue reading “Freshfields makes major New York play with three-partner bankruptcy hire from US firm”
Stephenson Harwood has promoted three to partner in a reduced round following last year’s largest ever nine partner intake, while TLT has increased its promotions with six making partner. Continue reading “Stephenson Harwood promotes three in reduced round as TLT introduces eight new partners”
Norton Rose Fulbright (NRF) has announced its partner promotions for 2017, with 45 associates being made up in offices across the world. Of the 45, 18 are female partners, constituting 40% of the total round. Continue reading “Partner promotions: Norton Rose announces 45-strong round with women making up 40%”
In an increased round, Ashurst has promoted 19 to partnership with a roughly even spread across its European and Asia Pacific offices. Continue reading “Ashurst promotes 19 to partnership following a year of departures”
Ahead of the triple merger on 1 May, the CMS global network including Nabarro and Olswang have announced their partner promotions for 2017, with females making up 27% of the worldwide total. Continue reading “CMS network promotes 48 to partner, with Nabarro and Olswang making up two each”
Herbert Smith Freehills (HSF) announced today (25 April) that it is extending its alternative legal services (ALT) business to Johannesburg later this year. Continue reading “‘Freeing up core teams’: HSF launches new alternative legal services hub in Johannesburg”
Clifford Chance (CC) has appointed 24 new partners globally, with promotions across the US, Asia Pacific, continental Europe and six in London. Continue reading “Partner promotions: CC appoints 24 to its partnership, including six in London”
Weightmans and Newcastle-based Ward Hadaway have ended merger discussions which would have created a £130.8m national firm after ‘both firms reached a consensus their respective strategic priorities were not sufficiently aligned to invest in such a significant merger.’ Continue reading “Weightmans and Ward Hadaway ‘mutually withdraw’ from merger discussions”
In spite of considerable hostility from the profession and legal education providers, the Solicitors Regulation Authority (SRA) announced today (25 April) that its planned Solicitors Qualifying Examination (SQE), dubbed ‘the super exam’, is going ahead. Continue reading “‘Embrace the challenge and make it work’: Educators react as SRA confirms super-exams to start in 2020”
Legacy Gala Coral’s general counsel (GC) Harry Willets has departed the merged entity Ladbrokes Coral Group, four months after Lindsay Beardsell took over as group GC. Continue reading “In-house: Legacy Gala Coral’s GC Harry Willets departs merged Ladbrokes Coral”
White & Case has continued to strengthen its capital markets capability bringing on London based Ropes & Gray partner Chris McGarry. Continue reading “White & Case makes capital markets play with Ropes rising star Chris McGarry”
Mishcon de Reya has hired Berwin Leighton Paisner (BLP) partners David Leibowitz and Joanna Lampert, while partner Bobby Schrader is joining Barclays after less than two years with BLP. Continue reading “Triple exit for BLP as Mishcon and Barclays take on partners”
Linklaters has pushed through with its long awaited plans to spin off part of its Shanghai office in order to practice local law under new Shanghai Free-Trade Zone (FTZ) rules. Continue reading “Linklaters close to obtaining Chinese law capability with long awaited spin-off”
In another active week for lateral hires, firms have expanded their ranks in the UK and internationally. DAC Beachcroft has added to its Manchester office, while ARC Pensions Law, Gibson, Dunn & Crutcher and McDermott Will & Emery have all also made key hires. Continue reading “Revolving doors: DAC Beachcroft hires from DWF as Ropes partner quartet leave for Gibson Dunn”
In the middle of a monumental class action against RBS representing around 25,000 claimants, Signature Litigation founding partner Graham Huntley talks to Tom Baker about the firm’s co-operative structure, the market and the pressures facing commercial litigators in 2017. Continue reading “Q&A: Signature Litigation’s Graham Huntley on potential mergers and the need for litigators to behave”
Former King & Wood Mallesons (KWM) partners who took out personal loans from Barclays for their capital contributions have received payment ultimatums as the bank is demanding repayment by the end of April. Continue reading “Barclays deadline looms for KWM partners who took personal loans for capital”
