Jeremy Hodges

March 03, 2010 | International Edition

Greenberg Traurig Maher (GTM) emerged as the most active US law firm in London in terms of lateral partner hiring last year, with the new City entrant responsible for a quarter of all partner-level hiring activity.

By Jeremy Hodges

3 minute read

March 03, 2010 | International Edition

Ashurst has advised product insurer CPP Group on its proposed £450m initial public offering (IPO). CPP, which runs insurance schemes for mobile phones and credit cards, has announced that it is planning to float on London's main market next month.

By Jeremy Hodges

2 minute read

March 03, 2010 | International Edition

Linklaters has advised on the largest leveraged buy-out in the Nordic region since the onset of the credit crunch. A team from the magic circle law firm's London office has advised private equity house Triton on its e850m (£761.5m) acquisition of Nordic hospitals and nursing homes operator Ambea from 3i.

By Jeremy Hodges

2 minute read

March 03, 2010 | International Edition

White & Case has made its first hire in London since the loss of six City partners earlier this year. Skadden Arps Slate Meagher & Flom restructuring lawyer Chris Pilkington will join White & Case as a partner in April, having been at Skadden since October 2004. He was promoted to the rank of senior counsel in May 2008.

By Jeremy Hodges

2 minute read

March 02, 2010 | International Edition

Freshfields Bruckhaus Deringer London corporate head Mark Rawlinson is one of a group of high-profile City businessmen who have formed a group - dubbed the 'Red Knights' - in a bid to wrest control of Manchester United FC from current owner Malcolm Glazer. The group met at Freshfields' offices yesterday for an initial meeting to discuss the possibility of a takeover of the football club.

By Jeremy Hodges

2 minute read

March 01, 2010 | International Edition

Slaughter and May and Debevoise & Plimpton have scored advisory roles on Prudential's high-profile plans to purchase the Asian assets of American International Group (AIG) for more than $35bn (£23.3bn). The two insurance groups are in advanced discussions over the sale of US Government-controlled AIG's subsidiary AIA, with Prudential this week (1 March) confirming both the discussions and the suspension of its shares as a result.

By Jeremy Hodges

3 minute read

February 25, 2010 | International Edition

Freshfields Bruckhaus Deringer has become the first leading UK law firm to announce its associate salary rates for 2010, with the magic circle firm lifting the freeze on associate lockstep put in place last year. The firm, which also led the market last year when it froze both pay band levels and lawyers' progression through the bands, told staff today (25 February) that the freeze would be lifted at the start of the new financial year.

By Jeremy Hodges

2 minute read

February 25, 2010 | International Edition

Royal Bank of Scotland (RBS) group general counsel and group secretary Miller McLean is to retire at the end of April, it was announced today (25 February). McLean's deputy group general counsel Chris Campbell, who has been at RBS since 2005, will become the bank's new GC.

By Jeremy Hodges

2 minute read

February 24, 2010 | International Edition

Nabarro has advised Nationwide for the first time since being appointed to the building society's panel in July last year. The firm has advised Nationwide in its capacity as sole lender on a £60m private finance initiative (PFI) in order to develop a new library and history centre in Worcester.

By Jeremy Hodges

2 minute read

February 24, 2010 | International Edition

Lateral partner hiring by US firms in London fell to its lowest level since 2004 last year, according to new research from Legal Week. A survey of hiring trends at the City operations of 37 of the biggest US and transatlantic firms found there were just 59 lateral partner moves across the whole of 2009, with many firms shying away from expansion against the backdrop of the global recession.

By Jeremy Hodges

3 minute read