Quinn Emanuel leads as 12 banks pay $1.87bn in swap settlement Legal Business Quinn Emanuel Urquhart & Sullivan took on some of Wall Street’s finest firms including Sullivan & Cromwell and Skadden Arps…
Freshfields head of Islamic finance to leave for Morgan Lewis Legal Business Freshfields Bruckhaus Deringer global head of Islamic finance Tarek El-Assra has quit the firm to join Morgan, Lewis & Bockius…
Revolving doors: TLT and SPB expand in the regions while Ashurst bolsters its finance practice Michael West The UK’s regional hubs saw a spree of hiring as TLT strengthened its corporate practice in Manchester after a law…
A&O turns the tables on Latham with structured finance partner Oddy’s hire Tom Moore Reversing the flow of partners from the Magic Circle to US firms, Allen & Overy has made a rare lateral…
Guest post: The truth about corporate welfare Guest Blog Students of the relationship between business and society will, of late, have encountered a new discourse, that around corporate welfare.
Ashurst rebuilds in the City with Skadden’s former global private equity co-head Lascelles Sarah Downey Having lost a string of London-based corporate stars in the last two years, Ashurst is making efforts to enhance its…
Completing the set: Morgan Lewis takes another two partners from K&L Gates in City structured finance push Legal Business Morgan, Lewis & Bockius has recruited two further partners from K&L Gates, adding to the three already to have made…
Europe’s re-emerging CLO market sees Sidley and Ropes turn to Weil Gotshal to boost structured finance teams Legal Business Weil, Gotshal & Manges‘ structured finance practice in the City has been hit by the departure of two lawyers with…
SFO wins ‘significant victory’ in landmark Libor case as trader Hayes found guilty Legal Business In a fillip for the Serious Fraud Office (SFO), the first person to go on trial after a global investigation…
‘We are determined to re-build’: Ashurst brings in ex-Goldman banker to revive US structured finance team Jaishree Kalia Following the recent blow of a nine-lawyer team walkout from Ashurst’s US offices, the Anglo-Australian firm has hired former managing…
‘A broad-based City professional services firm’: RPC breaks into insurance and financial consulting with software business buy Legal Business In a move to widen it offering to its insurance clients, RPC’s consulting arm has branched out from a legal…
‘It has certainly shown its teeth’: Fraud specialists fear SFO budget cuts put agency’s progress at risk Sarah Downey The Serious Fraud Office’s (SFO) annual report has shown improvements on last year, both in its levels of activity and…
‘We haven’t turned ourselves into a boutique’ – Ashurst’s head talks strategy, Bain and pushing energy and finance Jaishree Kalia After having brought in Bain & Co last year to advise on the firm’s strategy, Ashurst’s chairman and New Zealand-born…
KWM hires Nabarro’s former head of financial services regulation to support real estate and PE push Legal Business In a ‘sign to the market of our commitment to grow our private equity practice’, King & Wood Mallesons (KWM)…
UK to strengthen global grip on financial disputes with autumn launch of specialist banking court Legal Business Given that it has long been a part of the sales pitch for English courts that they have the specialist…
Budget 2015: Banks off the leash as Osborne clamps down on non-doms Legal Business With inevitable consequences for City Law, UK Chancellor George Osborne yesterday (8 July) pushed back the date the country will…
Team exit for Ashurst in US gifts Paul Hastings added finance strength in New York and DC Jaishree Kalia A nine-lawyer team will be leaving the US offices of Ashurst, including its US managing partner, to join Paul Hastings…
Further legal exits for Barclays as corporate banking GC departs for Lloyds Kathryn McCann Just a day after Lloyds Banking Group announced the hire of Linklaters’ managing partner Simon Davies, the bank has also…
TLT boosts City financial services offering with Barclays’ team head hire Kathryn McCann TLT has boosted its financial services offering with the hire of Barclays’ investigations and enforcement head Jake McQuitty, who joins…
KWM seeks to rebuild City private equity practice with Fried Frank hire Tom Moore After suffering a series of raids on its renowned City private equity practice, including the announced departure of partner Simon…