Months after the collapse of BHS, Sir Philip Green has revealed that Olswang and Grant Thornton charged purchaser Retail Acquisitions Limited a collective £8.4m for the transaction.
Continue reading “Olswang and Grant Thornton charged £8.4m for BHS sale, Sir Philip Green claims”
Following its double partner hire from Irwin Mitchell last month, Osborne Clarke (OC) has recruited the head of Addleshaw Goddard‘s employee incentives group Michael Carter, who leaves the firm after eight years.
Clyde & Co‘s insurance head Simon Konsta will become the firm’s new senior partner, following an uncontested election, on 1 November. Continue reading “‘Ready for the next phase of our growth’: former Barlows head Konsta elected Clyde & Co senior partner”
Baker & McKenzie has hired 10 lawyers including five partners to its Zurich office, boosting the firm’s presence in the Swiss financial centre to 130 lawyers. Continue reading “Baker & McKenzie bolsters Swiss offering with ten-lawyer team hire”
King & Wood Mallesons (KWM) has elected Frankfurt partner Michael Cziesla as EUME senior partner, defeating Dubai-based disputes partner Tim Taylor QC in the race between two legacy SJ Berwin veterans. The election was triggered after Stephen Kon’s early resignation last month.
Clifford Chance (CC) and Allen & Overy have taken lead advisory roles on the $3.3bn acquisition of Allegro Group, Poland’s largest online marketplace and non-food shopping destination, to funds trio, Cinven, Permira, and Mid Europa.
Nextlaw Labs, the legal tech platform launched by Dentons last year, has invested in two legal startups, alongside venture funding company Seedcamp.
High-profile City arbitrator Juliet Blanch is set to leave Weil, Gotshal & Manges, while UK hires this week have come for Ince & Co and DAC Beachcroft, and Taylor Wessing strengthened its European tax offering with a double hire.
Continue reading “Revolving doors: UK hires for Ince and DAC as disputes head Blanch leaves Weil”
Law firms with substantial personal injury businesses have mixed views as the Ministry of Justice (MoJ) has put the brakes on George Osborne’s personal injury reforms.
Simmons & Simmons has announced credit-investment platform Alterest Investment Technologies, hourly car-insurance provider Cuvva, banking platform RailBank and invoicing firm Tallysticks as the first four recipients of free legal advice through its new fintech fund.
Continue reading “Fintech boost: Simmons picks first recipients of free legal advice”
White & Case has promoted 40 in an increased partnership round with eight made up in the City. This year’s bumper global round increased by 29% on the previous year when the firm made up 31, with eight made up in the City.
Nominations are now open for the biggest showcase of talent in the industry, the Legal Business Awards 2017, so now is the time to put forward your outstanding teams and individuals.
Winston & Strawn has hired Middle East M&A heavyweight Campbell Steedman from White & Case to head up the firm’s practice in the region.
Continue reading “Middle East moves: Corporate heavyweight Steedman to exit White & Case”
Herbert Smith Freehills (HSF) took home £1.9m for legal advice in the seven months between 14 January and 13 July 2016 before settling the Nortel Networks bankruptcy case. Legal adviser fees in the long-running administration had already reached more than £2bn earlier this year.
Continue reading “‘Seminal mandate’: HSF takes home £1.9m in seven months for Nortel settlement”
White & Case has continued its rapid expansion in London with the firm set to bring in Clifford Chance (CC) corporate partner Patrick Sarch, head of the Magic Circle firm’s global banks sector team.
Continue reading “White & Case makes major corporate play with Clifford Chance partner Sarch”
Real estate partner Richard Hopkinson-Woolley is to leave DLA Piper for Simmons & Simmons after less than three years at the firm, Legal Business can reveal.
Continue reading “DLA real estate partner Richard Hopkinson-Woolley to exit for Simmons”
Hogan Lovells has become the third international law firm to enter the Shanghai Free Trade Zone through an association with local firm Fidelity Law.
Continue reading “‘Dramatic change’: Hogan Lovells launches association in Shanghai free trade zone”
While the Solicitors Regulation Authority’s (SRA) education reforms had been met with hostility by educators, the School of Law at Manchester University has become the first Russell Group school to embrace its reforms.
Continue reading “Academic u-turn: University comes out in support of SRA trainee reform”
Clifford Chance (CC), Slaughter and May and Jones Day have taken lead advisory roles on the acquisition of consumer finance provider NewDay by private equity powerhouses Cinven and CVC Capital Partners from Värde Partners.
Continue reading “A NewDay: CC and Slaughters win roles on Cinven and CVC’s latest purchase”
Following CMS Cameron McKenna‘s announcement it would merge with Olswang and Nabarro, it has emerged that Camerons partners will be spared from any post-merger lock-in arrangement.
Continue reading “CMS Cameron McKenna partnership spared from post-merger lock-in agreement”
