June 17, 2012 | International Edition
Cleary and Linklaters take lead on second-largest IPO of year to dateCleary Gottlieb Steen & Hamilton and Linklaters are advising on what is expected to be the world's second-largest initial public offering (IPO) this year - the $3.1bn (£2bn) Malaysian listing of oil producer Felda. The Kuala Lumpur IPO of the state-owned company is second in size only to Facebook's $16bn (£10.2bn) listing on the Nasdaq in May.
By Sofia Lind
2 minute read
June 15, 2012 | International Edition
SNR Denton Middle East chief quits firm for 'personal reasons'SNR Denton has seen the departure of Doha-based Middle East managing partner Leigh Hall, who has left for "personal reasons", according to the firm. Hall had been a partner at the firm since 2007, when he joined in a lateral move from US firm Patton Boggs to assume the Doha office managing partner role at legacy Denton Wilde Sapte.
By Sofia Lind
2 minute read
June 15, 2012 | International Edition
Magic circle duo lead on £1.4bn Hong Kong purchase of London Metal ExchangeAllen & Overy (A&O) and Freshfields Bruckhaus Deringer have taken the lead roles on the Hong Kong Stock Exchange's £1.4bn takeover of the London Metal Exchange (LME). The A&O team is led by London corporate partner Alistair Asher, the head of the firm's financial services group, and counsel Ben Koehne, with City partner Damian Carolan handling regulatory advice.
By Sofia Lind
2 minute read
June 14, 2012 | International Edition
Kingfisher hands key adviser roles to top duo on reduced legal rosterEurope's largest home improvement retailer Kingfisher has slashed its roster of international law firm advisers from 10 to two, with Freshfields Bruckhaus Deringer and Hogan Lovells securing key roles to handle the group's major transactional work.
By Sofia Lind
3 minute read
June 14, 2012 | International Edition
Stephenson Harwood hires from SNR Denton continue with senior duoStephenson Harwood has hired two senior City insolvency lawyers from SNR Denton, taking the number of partners to have joined from the transatlantic firm or legacy Denton Wilde Sapte to seven in little more than a year. Susan Moore, formerly a senior equity partner at SNR Denton, who became a consultant at the firm around six months ago, is set to join Stephenson Harwood as a partner alongside partner Elizabeth Elliott. Both currently sit within SNR Denton's London contentious insolvency practice but will join Stephenson Harwood as partners in the banking group.
By Sofia Lind
2 minute read
June 14, 2012 | International Edition
Norton Rose brings in Vinson capital markets partner as firm pushes forward on integrationNorton Rose has hired a new partner for its City capital markets practice, with the recruitment marking the second lateral addition to the practice in the last three months.
By Sofia Lind
2 minute read
June 14, 2012 | International Edition
Magic circle rivals restate commitment to Hong Kong after A&O partner exitsAllen & Overy's (A&O's) magic circle rivals have reaffirmed their commitment to the Hong Kong market following this week's news that A&O has asked a number of local partners to leave the firm.
By Sofia Lind
3 minute read
June 14, 2012 | International Edition
Women outperform men in some judicial appointmentsWomen are outperforming men in some judicial appointments in the UK, according to new research published today (14 June). The research by the Judicial Appointments Commission (JAC), found that over a six-month period women were more successful than men when applying for some judicial appointments up to and including those in the High Court.
By Sofia Lind
3 minute read
June 13, 2012 | International Edition
BLP announces 8% revenue growth as firm nears £250m markBerwin Leighton Paisner (BLP) has announced an 8% rise in revenues for 2011-12, taking total turnover at the firm to almost £250m. The City firm has posted revenues of £246m for the 2011-12 financial year, up from £229m last year. The firm's profits per equity partner (PEP) figure has not yet been finalised.
By Sofia Lind
2 minute read
June 12, 2012 | International Edition
Herbert Smith concludes redundancy consultation with 43.5 City roles cutHerbert Smith is set to cut 43.5 full-time equivalent roles in London after concluding the redundancy consultation launched earlier this year. The firm announced in April this year that 51 jobs were at risk - equating to just over 3% of total City staff - including 28 lawyer roles, with 23 in corporate and a further five in real estate.
By Sofia Lind
2 minute read
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