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December 14, 2007 | International Edition
Freshfields advises Bank of England on £50bn fundFreshfields Bruckhaus Deringer's longstanding ties with the Bank of England have come to fruition again this week with the magic circle firm advising on the bank's part in a £50bn bail-out effort to tackle to deepening credit crisis. Freshfields head of financial services Michael Raffan has taken the lead for the Bank of England as it agreed on Wednesday (14 December) to join with four other central banks to help free up credit in the stricken markets.
By Charlotte Edmond
2 minute read
December 14, 2007 | Legal Week
Freshfields advises Bank of England on £50bn fundFreshfields Bruckhaus Deringer's longstanding ties with the Bank of England have come to fruition again this week with the magic circle firm advising on the bank's part in a £50bn bail-out effort to tackle to deepening credit crisis. Freshfields head of financial services Michael Raffan has taken the lead for the Bank of England as it agreed on Wednesday (14 December) to join with four other central banks to help free up credit in the stricken markets.
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4 minute read
December 13, 2007 | International Edition
Post-merger Dewey promotes 18 new partnersDewey & LeBoeuf has announced its partner promotions for the year, with the firm making up 18 associates, including four in the City. New York receives five new partners, the most of any office, while Washington DC gains three. The firm's branches in Moscow, Warsaw, Almaty, Milan and Texas each gain one new partner apiece.
By Charlotte Edmond
2 minute read
December 13, 2007 | Legal Week
Post-merger Dewey promotes 18 new partnersDewey & LeBoeuf has announced its partner promotions for the year, with the firm making up 18 associates, including four in the City. New York receives five new partners, the most of any office, while Washington DC gains three. The firm's branches in Moscow, Warsaw, Almaty, Milan and Texas each gain one new partner apiece.
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6 minute read
December 13, 2007 | International Edition
Travers takes lead on £360m palm oil IPOTravers Smith has snared New Britain Palm Oil (NBPO) as a client after advising on the company's £362.5m admission to the London Stock Exchange. Travers corporate finance partner Alasdair Steele led the team advising NBPO, which is based in Papua New Guinea, on the initial public offering (IPO) - its first role for the client. Also advising for the top 40 UK law firm were tax partner Simon Yates and corporate finance assistant James Middleton.
By Charlotte Edmond
2 minute read
December 13, 2007 | Legal Week
Travers takes lead on £360m palm oil IPOTravers Smith has snared New Britain Palm Oil (NBPO) as a client after advising on the company's £362.5m admission to the London Stock Exchange. Travers corporate finance partner Alasdair Steele led the team advising NBPO, which is based in Papua New Guinea, on the initial public offering (IPO) - its first role for the client. Also advising for the top 40 UK law firm were tax partner Simon Yates and corporate finance assistant James Middleton.
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4 minute read
December 12, 2007 | International Edition
Shearman hires Latham City finance partnerShearman & Sterling has boosted its City corporate finance practice taking on partner Jacques McChesney from US rival Latham & Watkins. McChesney is based joins Shearman from Latham's City office. He moved to London from Latham's New York office in 1999.
By Charlotte Edmond
2 minute read
December 12, 2007 | Legal Week
Shearman hires Latham City finance partnerShearman & Sterling has boosted its City corporate finance practice taking on partner Jacques McChesney from US rival Latham & Watkins. McChesney is based joins Shearman from Latham's City office. He moved to London from Latham's New York office in 1999.
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10 minute read
December 11, 2007 | International Edition
Most firms have raided rival in last two yearsAlmost two-thirds of top firms have hired a team from a rival practice in the last two years, with the majority of firms claiming to have made the money back on their investment within two years. Ninety-six of the UK's 130 largest firms - representing 61% - have recruited a team of lawyers from another firm in the last two years, according to research by accountancy and professional services firm Smith & Williamson. In addition, three-quarters of these teams became profitable within two years of changing hands, according to the survey.
By Charlotte Edmond
2 minute read
December 11, 2007 | Legal Week
Most firms have raided rival in last two yearsAlmost two-thirds of top firms have hired a team from a rival practice in the last two years, with the majority of firms claiming to have made the money back on their investment within two years. Ninety-six of the UK's 130 largest firms - representing 61% - have recruited a team of lawyers from another firm in the last two years, according to research by accountancy and professional services firm Smith & Williamson. In addition, three-quarters of these teams became profitable within two years of changing hands, according to the survey.
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3 minute read
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