Claire Ruckin

October 09, 2007 | National Law Journal

Freshfields Bruckhaus Deringer's Hungarian office is to split from the firm, it was announced last week. The Budapest operation, which will take the name of Oppenheim, will become an independent practice in the region starting Nov. 1, due to a desire by the Hungarian lawyers to undertake more local work. Freshfields announced that the split was mutual and the office will act as a preferred referral firm in the region, although it will not be an exclusive relationship.

By Claire Ruckin

2 minute read

March 11, 2009 | New York Law Journal

By Claire Ruckin

2 minute read

May 09, 2008 | Law.com

Pinsent Masons is overhauling its Middle East operation. The top 15 U.K. law firm is pulling out of its joint venture in Dubai -- Masons Galadari -- to go solo in the region. Pinsent will end its joint venture with the construction practice of Galadari & Associates starting next month to launch alone in Dubai. Pinsent plans to broaden its capabilities beyond construction to become a full-service practice. Pinsent's Dubai-based construction partner Sachin Kerur will head the office.

By Claire Ruckin

2 minute read

August 16, 2010 | Law.com

Top 10 U.K. law firm Eversheds is reviewing employees' positions for possible cuts, with up to 100 roles at risk as the firm prepares to outsource back office finance and human resources functions. This is the fifth round of redundancies for the firm in two years.

By Claire Ruckin

2 minute read

May 09, 2008 | Law.com

Salans has overhauled its reporting regime, moving to conduct its billing and accounting in euros rather than dollars. The change has been rolled out across the firm with equity partners now set to be paid in euros instead of dollars. Lawyers and staff will continue to be paid in the local currency. The decision follows an extended slide in the value of the dollar compared with sterling and the euro in recent years.

By Claire Ruckin

2 minute read

October 01, 2007 | Law.com

Russell Jones & Walker has strengthened its employment team with the hire of Collins Stewart Tullett's former general counsel, John Marshall. Marshall, who was the former head of legal for Europe, the Middle East and Africa at the leading financial services group, joined the London office of Russell Jones on Sept. 5 as an associate in the employment team.

By Claire Ruckin

1 minute read

November 30, 2010 | Law.com

Hammonds' six-partner Hong Kong arm said on Nov. 24 that it intends to separate from the firm, with the partners rejecting the merger with U.S. firm Squire Sanders. With the trans-Atlantic tie-up due to go live on Jan. 1, it remains unclear when the office will formally split from Hammonds or whether the partners will form a stand-alone firm or try to join another firm as a team. The decision means the newly-merged firm's Hong Kong presence will now consist of Squire Sanders' four-partner, 11-lawyer office.

By Claire Ruckin

2 minute read

July 07, 2008 | Law.com

The long-running $4 billion dispute between two Russian businessmen for a 20 percent stake of aluminum giant RUSAL is set to be heard in the U.K. courts. Last week a judge confirmed Michael Cherney could pursue his claims against RUSAL owner Oleg Deripaska in England. Israel-based Cherney claims that as a result of a deal struck in London in 2001, Deripaska agreed to hold a 20 percent stake in RUSAL in trust for him. The judge ruled that there was a risk that Cherney could not get a fair trial in Russia.

By Claire Ruckin

2 minute read

October 01, 2007 | National Law Journal

Russell Jones & Walker has strengthened its employment team with the hire of Collins Stewart Tullett's former general counsel, John Marshall. Marshall, who was the former head of legal for Europe, the Middle East and Africa at the leading financial services group, joined the London office of Russell Jones on Sept. 5 as an associate in the employment team.

By Claire Ruckin

1 minute read

April 17, 2008 | National Law Journal

Reed Smith has ended its self-imposed ban on litigating against banks with the firm now reviewing financial disputes on a case-by-case basis. The move, an apparent reaction to the expectations of a surge in bank-related litigation due to prolonged credit turmoil, is a shift for the firm, which ended legacy U.K. firm Richards Butler's practice of acting against banks after a 2007 merger. The news comes before next month's expected judgment in a $600 million case involving JPMorgan Chase.

By Claire Ruckin

2 minute read