November 17, 2014 | International Edition
Latham and Cleary bag top roles as Actavis buys Allergan for $66bn to create top 10 pharma giantLatham & Watkins and Cleary Gottlieb Steen & Hamilton have scored prize mandates on one of the biggest pharmaceutical deals of the year, as Actavis has agreed to buy Botox-maker Allergan in a $66bn (£42bn) cash and shares deal.
By Justin Cash
2 minute read
November 14, 2014 | International Edition
Ex Eversheds tax and real estate heads drop plans to form boutique to join KWMEversheds' former City tax head Clive Jones and international real estate chief William Naunton have ended up signing for King & Wood Mallesons, ten months after handing in their notices with the intention of setting up their own high-end real estate boutique.
By Justin Cash
2 minute read
November 14, 2014 | International Edition
Linklaters US co-head leaves role early to focus on banking practiceLinklaters' Jeff Norton has cut short his term as US co-managing partner, stepping down to leave Conrado Tenaglia in charge of the firm's US practice.
By Justin Cash
2 minute read
November 13, 2014 | International Edition
Eversheds extends Tyco 'sole provider' contract as firm looks to extend innovation to other clientsEversheds has confirmed it has renewed its lucrative 'sole adviser' contract with US industrial conglomerate Tyco, adding that the structure of the deal could be rolled out to other clients in the near future.
By Justin Cash
4 minute read
November 13, 2014 | International Edition
Demand for fixed fees soars as cost-conscious clients continue to seek more for less from firmsLaw firms' clients are increasingly rejecting the chargeable hours model and instead demanding fixed pricing for work, according to a new report by Legal Week's research arm, which canvassed the opinions of more than 1,400 in-house respondents.
By Justin Cash
7 minute read
November 13, 2014 | International Edition
Baker & McKenzie and Linklaters among government's social mobility 'champions'Baker & Mackenzie and Linklaters are among 12 organisations to have been named social mobility 'champions' by the UK government today.
By Justin Cash
1 minute read
November 12, 2014 | International Edition
Travers Smith and Lord Grabiner QC report exonerates BoE officials from forex wrongdoingTravers Smith and One Essex Court's Lord Grabiner QC have today released the findings of their report into the Bank of England's conduct in the foreign exchange market, exonerating bank officials from claims they were involved in or were aware of rate rigging that was taking place.
By Justin Cash
2 minute read
November 11, 2014 | International Edition
Six firms brought in as Navy pension fund fights to fill funding gapA six-strong cadre of City firms have won mandates as the Merchant Navy Ratings Pensions Fund (MNRPF) has gone to court in an attempt to fill a multi-million pound hole in its fund by extracting greater contributions from members.
By Justin Cash
2 minute read
November 10, 2014 | International Edition
HSF takes lead for Lloyds as more than 5,000 investors sign up to group lawsuitHerbert Smith Freehills will go up against private client boutique Harcus Sinclair as thousands of investors in Lloyds Banking Group prepare a class action-style lawsuit claiming the 2008 government takeover of HBOS left them £400m out of pocket.
By Justin Cash
2 minute read
November 10, 2014 | International Edition
Ashurst, Freshfields, Linklaters and Clifford Chance to advise the big four on CMA's high street banking probeAshurst and magic circle trio Clifford Chance (CC), Freshfields Bruckhaus Deringer and Linklaters have each been retained by the big four high street banks after the Competition and Markets Authority (CMA) launched its investigation into the current accounts and small business banking market last week.
By Justin Cash
2 minute read
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