Never waste a crisis as Ashurst and Hogan Lovells step in amid Bell Pottinger’s administration woes

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Never waste a crisis as Ashurst and Hogan Lovells step in amid Bell Pottinger’s administration woes

As scandal-ridden PR agency Bell Pottinger collapses into administration, Ashurst, Hogan Lovells and Mishcon de Reya have swept in to take advisory roles during the aftermath.

Ashurst is acting for Bell Pottinger’s administrators, BDO, with a team consisting of corporate partner Bruce Hanton and restructuring partner Olga Galazoula. Ashurst had previously represented Bell Pottinger in 2012 when founder Lord Bell acquired the PR company back from its parent company Chime. Hogan Lovells is advising the agency’s biggest lender, Lloyds Banking Group. Continue reading “Never waste a crisis as Ashurst and Hogan Lovells step in amid Bell Pottinger’s administration woes”

‘Knowhow and track record’: Magic Circle dominates new panel as seven firms dropped in government legal services revamp

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‘Knowhow and track record’: Magic Circle dominates new panel as seven firms dropped in government legal services revamp

Magic Circle firms constitute four of the nine advisers appointed to the government’s new finance and complex legal services panel with seven law firms left out after a reboot of its legal services framework continues.

Freshfields Bruckhaus Deringer, Linklaters, Slaughter and May and Clifford Chance are part of the new panel advising on matters including finance, refinancing, capital markets, corporate transactions, projects and regulation. Continue reading “‘Knowhow and track record’: Magic Circle dominates new panel as seven firms dropped in government legal services revamp”

Linklaters and Addleshaws among the runners on William Hill’s leaner UK panel

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Linklaters and Addleshaws among the runners on William Hill’s leaner UK panel

Pinsent Masons, DLA Piper, Ashurst and Bird & Bird have all missed out on William Hill’s latest UK adviser panel, with Linklaters and Addleshaw Goddard the only firms to retain their places on the FTSE 250 bookmaker’s slimmed-down roster.

Slaughter and May, Eversheds Sutherland and Wiggin each won new spots on the five-firm panel following a review. Firms were invited to pitch for places around Easter. Continue reading “Linklaters and Addleshaws among the runners on William Hill’s leaner UK panel”

Sainsburys appoints eleven firms including Linklaters, Addleshaws, CMS and Dentons to new roster

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UK supermarket and retailer Sainsbury’s Group has appointed eleven firms to its new legal panel, including Linklaters, Addleshaw Goddard, Dentonsand CMS Cameron McKenna Nabarro Oslwang.

The other firms on the roster are TLT, Cleaver Fulton Rankin, Lewis Silkin, Winckworth Sherwood, BLM, Mason Hayes Curran and Shepherd & Wedderburn. Continue reading “Sainsburys appoints eleven firms including Linklaters, Addleshaws, CMS and Dentons to new roster”

Morrison & Foerster and SullCrom gear up on Landis+Gyr’s electric smart meter $2.4bn initial public offering

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Morrison & Foerster and SullCrom gear up on Landis+Gyr’s electric smart meter $2.4bn initial public offering

Morrison & Foerster and Sullivan & Cromwell have both advised on major Swiss electricity smart meter producer Landis+Gyr’s $2.4bn (£1.84bn) initial public offering (IPO), Europe’s second largest this year.

The IPO represents Landis+Gyr’s break from Japanese conglomerate Toshiba after it purchased the company six years ago. The IPO is the largest on the Swiss Exchange in the past ten years. Landis+Gyr employs more than 5,700 staff with activity across 30 countries. Continue reading “Morrison & Foerster and SullCrom gear up on Landis+Gyr’s electric smart meter $2.4bn initial public offering”

Slaughter and May leads as Freshfields and Paul Weiss take key roles on £900m Michael Kors buyout of Jimmy Choo

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Slaughter and May leads as Freshfields and Paul Weiss take key roles on £900m Michael Kors buyout of Jimmy Choo

Slaughter and May, Freshfields Bruckhaus Deringer, Paul, Weiss, Rifkind, Wharton & Garrison and Skadden, Arps, Slate, Meagher & Flom are all advising on Michael Kors’ £900m offer for luxury British fashion company Jimmy Choo.

Under the agreement, the shoemaker would become a wholly-owned subsidiary of Michael Kors. Its shareholders will receive £2.3 in cash for each of their Jimmy Choo shares, 36p above the £1.68 share price the day before Jimmy Choo’s parent JAB Luxury announced it would launch a formal sale process in April. Continue reading “Slaughter and May leads as Freshfields and Paul Weiss take key roles on £900m Michael Kors buyout of Jimmy Choo”

Latham and Hogan Lovells act on consortium’s £2.9bn potential offer for Paysafe Group

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Latham and Hogan Lovells act on consortium’s £2.9bn potential offer for Paysafe Group

Latham & Watkins is advising Blackstone and CVC Capital Partners in their £2.9bn preliminary proposal takeover bid for UK online payment company Paysafe.

The FTSE 250 company, which is based on the Isle of Mann, was advised by a Hogan Lovells team led by corporate partner Maegen Morrison with support from corporate partners Don McGown and John Connell.  Continue reading “Latham and Hogan Lovells act on consortium’s £2.9bn potential offer for Paysafe Group”

Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel

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Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel

Addleshaw Goddard, Ashurst, DLA Piper and Eversheds Sutherland were selected last month to tier one of the Department for Transport (DfT)’s first £50m rail panel.

As part of the panel appointment, which lasts until 2020, the four firms will act on rail franchise competitions, major rolling stock procurements and infrastructure projects.

Continue reading “Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel”