Legal Week

July 02, 2009 | International Edition

General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster.

By Legal Week

2 minute read

July 02, 2009 | International Edition

Orrick Herrington & Sutcliffe has dumped associate lockstep and will now assign associates to one of three tiers within its partner track. Associates at the firm will now hold one of three titles: associate, managing associate and senior associate. Lawyers will have to meet certain criteria to advance from one level to the next.

By Legal Week

3 minute read

July 02, 2009 | International Edition

Barclays has completed its panel review, with Addleshaw Goddard winning a coveted spot on the bank's main panel. The national firm joins Allen & Overy, Clifford Chance , DLA Piper, Freshfields Bruckhaus Deringer, Linklaters, Lovells and Simmons & Simmons on the bank's general advisory roster, with Barclays also appointing a string of firms to 10 specialist panels.

By Legal Week

4 minute read

July 02, 2009 | International Edition

Latham & Watkins has advised bar and club operator Novus Leisure on the financial restructuring of its business. Novus, whose brands include Tiger Tiger, has significantly reduced its debt in a debt for equity swap that has seen Barclays Ventures and the Royal Bank of Scotland become majority shareholders while private equity firm Cognetas is reduced to a minority stakeholder. Barclays has also committed to invest £20m to expand the business.

By Legal Week

2 minute read

July 02, 2009 | International Edition

Hammonds' Italian ally Rossotto & Partners is set to boost its ranks with the addition of a 20-strong team including two partners from the Milan office of Allen & Overy (A&O). Corporate partner Mario Colombatto and banking partner Giovanni Luppi are quitting the magic circle firm to join Rossotto, along with tax partners Quirino Imbimbo and Alessandro Gulisano from Italian independent Macchi di Cellere Gangemi. Imbimbo and Gulisano are both former A&O lawyers.

By Legal Week

2 minute read

July 02, 2009 | International Edition

Allen & Overy, Mayer Brown, Hausfeld and Appleby size up the key trends in cross-border litigation.

By Legal Week

1 minute read

July 02, 2009 | International Edition

Hengeler Mueller and Gibson Dunn look at major developments in Germany

By Legal Week

1 minute read

July 02, 2009 | International Edition

It is common knowledge among professionals active in the German restructuring market that the country's insolvency law is characterised by stringent insolvency filing obligations triggered not only by illiquidity, but also over-indebtedness. This sets Germany apart from other European jurisdictions and often strongly influences transaction structuring and timing.

By Legal Week

7 minute read

July 02, 2009 | International Edition

CMS Cameron McKenna has launched a pandemic advice team in response to the swine 'flu outbreak in the UK. The pandemic advice group launched last month under the leadership of City insurance partner Jonathan Thorpe. The cross-departmental group includes 16 partners from groups including corporate and corporate recovery, health and safety, pensions, employment and insurance and litigation.

By Legal Week

2 minute read

July 02, 2009 | International Edition

Cadwalader Wickersham & Taft has taken its first step towards rebuilding its London office, which was hit by a seven-partner walkout earlier this year. The New York-based firm has hired Edmond Curtin as a special counsel in its capital markets practice.

By Legal Week

2 minute read