Simon Petersen

August 03, 2011 | International Edition

Stephenson Harwood has added to a partner to its City corporate funds practice with a hire from Simmons & Simmons. The firm has hired James Tinworth as a partner from Simmons, where he was a managing associate. The hire takes the total number of funds partners at Stephenson Harwood to six.

By Simon Petersen

2 minute read

August 02, 2011 | International Edition

Pensions boutique Sackers & Partners has made up two partners in its annual promotions round. The promotion of Eleanor Daplyn and Stuart O'Brien, which took effect on 1 August, brings the total number of partners at the City pensions firm to 28, after the same number was made up in last year's promotions round.

By Simon Petersen

2 minute read

August 02, 2011 | International Edition

The Solicitors Disciplinary Tribunal (SDT) has suspended one Davenport Lyons partner and one former partner from practising and fined the pair £20,000 each for sending intimidating letters to individuals they accused of illegal file sharing.

By Simon Petersen

3 minute read

August 01, 2011 | International Edition

Pinsent Masons has been hit with a negligence claim of more than £10m from a former client. Construction contractor Shepherd Construction has launched a claim in the High Court alleging that negligent drafting of contracts by Pinsents left the company liable to repay subcontractors when one of its clients went into administration.

By Simon Petersen

3 minute read

August 01, 2011 | International Edition

Uria Menendez has taken the lead role for Spanish banking conglomerate Bankia on its €3bn (£2.6bn) initial public offering (IPO). The IPO, reportedly Spain's third-largest of all time, saw 824 million new shares made available at €3.75 per share, with trading on the Madrid, Barcelona, Bilbao and Valencia stock exchanges kicking off on 20 July.

By Simon Petersen

2 minute read

August 01, 2011 | International Edition

Pannone has posted a 4.4% dip in turnover and a 9.5% drop in profits per equity partner (PEP) during 2010-11, in the wake of a firm-wide reorganisation carried out over the last year.

By Simon Petersen

2 minute read

July 28, 2011 | International Edition

DWF is set to launch an office in Birmingham with the hire of Shoosmiths' asset finance head. The new office, which will be the northwest firm's seventh UK base, will extend DWF's asset finance practice and see the creation of a new lender services team to target the city's banking and finance markets.

By Simon Petersen

2 minute read

July 27, 2011 | International Edition

Eversheds and Stephenson Harwood have won roles alongside Slaughter and May on Greencore Group's £113m takeover of convenience food maker Uniq. Eversheds advised Irish food company Greencore, a longstanding client, on its purchase of Uniq, which is one of the biggest sandwich producers in the UK, supplying retailers including Marks & Spencer.

By Simon Petersen

2 minute read

July 27, 2011 | International Edition

Addleshaw Goddard is advising Yorkshire Building Society on its acquisition of internet bank Egg's mortgage and savings business from Citigroup. The deal will see the UK's second largest mutual lender acquire Egg's £2.5bn savings book and a £430m mortgage book, as well as the Egg brand.

By Simon Petersen

2 minute read

July 20, 2011 | International Edition

Gateley has shot into the 2010-11 UK top 50 rankings for the first time, buoyed by last year's acquisition of Halliwells' Manchester commercial practice. One of only two new entrants to this year's top 50 alongside Reynolds Porter Chamberlain, the Birmingham/Edinburgh-headquartered firm posted a turnover hike of 23% – the biggest percentage increase of any top 50 firm during 2010-11 – with fee income rising from £51.2m to £63m.

By Simon Petersen

2 minute read