Friederike Heine

July 05, 2012 | International Edition

Linklaters equity capital markets partner Brigid Rentoul is leaving the firm after almost 20 years to join UK hedge fund manager Winton Capital as head of legal. Rentoul, who made partner at the magic circle firm in 1997, focuses on international equity offers, domestic equity issues and takeovers.

By Friederike Heine

2 minute read

July 05, 2012 | International Edition

Baker & McKenzie has completed a management overhaul which has seen the firm appoint a new global head of M&A, as well as new managing partners for its Paris, Eastern European, German and Austrian offices.

By Friederike Heine

2 minute read

July 05, 2012 | International Edition

Linklaters and Freshfields Bruckhaus Deringer have both today (6 July) announced their 2011-12 financial results, with the figures confirming that Freshfields will drop behind magic circle rival Allen & Overy (A&O) in the UK top 50 rankings for the first time.

By Friederike Heine

3 minute read

July 05, 2012 | International Edition

King & Spalding has strengthened its London office with the hire of high-profile corporate partner William Charnley from Mayer Brown. Charnley, whose resignation was announced internally at Mayer Brown last night (4 July), has a broad-based practice covering M&A, capital markets and private equity.

By Friederike Heine

2 minute read

July 05, 2012 | International Edition

Ashurst has strengthened its London restructuring practice with the hire of CMS Cameron McKenna partner Martin Brown. Brown, who was made up to partner in Camerons' London banking and international finance team in 2008, specialises in corporate restructuring and insolvency proceedings. His clients include banks, hedge funds, insolvency practitioners and directors.

By Friederike Heine

2 minute read

July 05, 2012 | International Edition

Cleary Gottlieb Steen & Hamilton and Linklaters have taken the lead on the $3.2bn (£2.1bn) initial public offering (IPO) of Malaysian palm oil group Felda Global Ventures, which is set to become the largest listing in Asia since the start of 2012. US firm Cleary is advising the state-owned company, which is listing on the Kuala Lumpur stock exchange.

By Friederike Heine

2 minute read

July 04, 2012 | International Edition

The Law Society is facing legal action from a religious lobbying group over its decision to call off a conference that was set to debate gay marriage at the society's headquarters. Christian Concern - which has instructed Shropshire-based AndrewsLaw Solicitors and human rights barrister Paul Diamond - has sent a letter before action to the Law Society alleging breach of contract.

By Friederike Heine

3 minute read

July 04, 2012 | International Edition

Ashurst has confirmed its profits per equity partner (PEP) figure for 2011-12, with the firm posting a 3% increase to reach £744,000. The PEP figure, which was announced today (4 July), comes on the back of a 5% rise in net profit, which stood at £112m for the most recent financial year. The firm posted an equivalent figure of £107m for 2010-11.

By Friederike Heine

2 minute read

July 04, 2012 | International Edition

Latham & Watkins and Davis Polk & Wardwell have taken lead roles on Manchester United's initial public offering (IPO) on the New York Stock Exchange (NYSE), ending long-running speculation as to where the football club would make its stock market debut. US firm Latham is advising Man Utd, which submitted its F-1 filing with the Securities and Exchange Commission yesterday (3 July). The club is aiming to raise $100m (£64m) to reduce its debts, which as of 31 March stood at £423.3m.

By Friederike Heine

3 minute read

July 02, 2012 | International Edition

The Serious Fraud Office (SFO) is considering bringing criminal prosecutions against bankers involved in the Libor interest rate rigging scandal, it emerged today (2 July). Chancellor George Osborne announced last week that the Financial Services Authority (FSA) was not able to impose criminal sanctions for the manipulation of Libor - the benchmark interest rates used in financial markets around the world - due to the limited scope of its criminal powers.

By Friederike Heine

2 minute read