June 28, 2011 | International Edition
Farrers becomes latest firm to sign up to exclusive Kaplan training dealFarrer & Co has signed an exclusive deal with Kaplan Law School to provide the Legal Practice Course (LPC) and the Graduate Diploma of Law (GDL) for all of the London firm's trainees. As a part of the agreement, which will start in September 2012, Farrers' trainees will participate in Kaplan's 'Bridge to Practice' programme, which is designed to ease the transition from the LPC into life at a commercial law firm.
By Friederike Heine
2 minute read
June 28, 2011 | International Edition
Salans, Linklaters advise on Habitat administration and UK brand saleSalans and Linklaters have taken lead roles on the administration of furniture retailer Habitat and the sale of the UK brand to Home Retail Group (HRG). The retailer's UK arm fell into administration last week (24 June), with Zolfo Cooper appointed to oversee the process. Habitat has approximately 33 stores in the UK and employs about 870 staff.
By Friederike Heine
2 minute read
June 27, 2011 | International Edition
Ex-Simmons chief Dawkins quits for Bingham's London arm in wake of senior partner electionSimmons & Simmons' former managing partner Mark Dawkins is set to join the London office of US law firm Bingham McCutchen. Dawkins, who stepped down as Simmons' managing partner at the end of April, is expected to join the firm's securities and financial institutions litigation group as a partner in early September after a sabbatical.
By Friederike Heine
3 minute read
June 27, 2011 | International Edition
Ex-Simmons chief Dawkins quits for Bingham after senior partner defeatSimmons & Simmons' former managing partner Mark Dawkins is set to join the London office of US firm Bingham McCutchen. Dawkins, who stepped down as Simmons' managing partner at the end of April, is expected to join the US firm's securities and financial institutions litigation group as a partner in early September after taking a sabbatical over the summer.
By Friederike Heine
3 minute read
June 23, 2011 | International Edition
Magic circle trio advise on Aviva's £1bn sale of RAC to CarlyleSlaughter and May, Clifford Chance (CC) and Linklaters have taken lead roles on Aviva's £1bn sale of its RAC roadside rescue business to Carlyle Group. Slaughters advised Aviva, fielding a team led by corporate partner Richard Smith, while CC acted for Carlyle on the acquisition, which comes after a bidding battle involving private equity houses including Clayton Dubilier & Rice, BC Partners and Bain Capital.
By Friederike Heine
2 minute read
June 22, 2011 | International Edition
Ashurst sets sights on strategic Australia dealAshurst has become the latest UK practice to set its sights on the Australian legal market, with the City law firm currently assessing its options in the strategically important jurisdiction. Internal sources have cited the most ambitious option as pursuing a tie-up with leading Australian law firm Blake Dawson, with which Ashurst has held exploratory discussions.
By Friederike Heine
2 minute read
June 22, 2011 | International Edition
Brown Rudnick bulks up in the City with two new partnersAshurst structured funds head Nick Terras is set to leave the firm to join Brown Rudnick's London office. Terras, who will become the US firm's 28th partner in the City, joined Ashurst last year from New York hedge fund specialist Schulte Roth & Zabel, when he was recruited as a consultant and handed a role to liaise between the UK firm's funds and derivates groups.
By Friederike Heine
2 minute read
June 22, 2011 | International Edition
Review of 48-strong Govt legal panel pushed back by 11 monthsThe Government has pushed back a closely watched review of the panel set up to centralise Whitehall's legal spending for almost a year, it has emerged. Office of Government Commerce agency Buying Solutions has confirmed that the review of its 48-strong legal panel – formerly known as Catalist – has been delayed by 11 months after it originally kicked off in September last year.
By Friederike Heine
2 minute read
June 22, 2011 | International Edition
Ashurst adds Luxembourg capability to City practice with partner hireAshurst has added a Luxembourg desk to its City corporate practice with the hire of Isabelle Lentz from Oostvogels Pfister Feyten. Lentz, who joins the firm as a partner, is set to relocate from the Luxembourg firm to London, where she will provide Luxembourg law advice for Ashurst's established clients, as well as servicing her own legacy clients based in the region.
By Friederike Heine
2 minute read
June 22, 2011 | International Edition
Freshfields and BLP act on deal financing for resources groupFreshfields Bruckhaus Deringer and Berwin Leighton Paisner (BLP) have taken lead roles on natural resources giant Vallar's $2bn (£1.2bn) issuance of convertible bonds to acquire a 75% stake in Bumi Resources Minerals (BRM). BLP took the lead for new client BRM with a team headed up by Singapore managing partner Alistair Duffield, who joined the firm last year as a part of a six-strong team from Holman Fenwick Willan.
By Friederike Heine
2 minute read