May 11, 2012 | International Edition
RPC signs up Reed Smith partner for bank litigation teamReynolds Porter Chamberlain (RPC) has grown its City banking litigation team with the hire of Reed Smith partner Simon Hart. Hart joins RPC after seven years as a partner at Reed Smith. Prior to his move to the US outfit he spent time at legacy firm Wilde Sapte, now part of SNR Denton.
By Suzi Ring
2 minute read
May 11, 2012 | International Edition
News International recruits WorldPay lawyer as new general counselNews International (NI) has appointed a new general counsel with the hire of WorldPay senior legal counsel Paul Chinnery. Chinnery started at NI this month, taking over from interim GC and Allen & Overy partner Simon Toms.
By Suzi Ring
2 minute read
May 11, 2012 | International Edition
Travers and CC advise on €200m L'Oreal dealTravers Smith and Clifford Chance (CC) have advised on the €200m (£162m) sale of French skincare manufacturer Cadum to L'Oreal. Travers advised the seller, Anglo-French private equity firm Milestone Capital Partners, on the deal, with Paris head and corporate finance partner David Patient leading.
By Suzi Ring
2 minute read
May 10, 2012 | International Edition
Herbert Smith & Freehills near June vote as Weil rethinks referral linksPartners at Herbert Smith and Australia's Freehills are set to vote on the firms' potential tie-up next month, with the pair planning for a 1 October integration date. The firms are expected to vote simultaneously on the deal in the second half of June, with the union set to go live four months later.
By Suzi Ring
2 minute read
May 10, 2012 | International Edition
Queen's Speech paves way for court TV and defamation law overhaulTV cameras are set to be permitted into some courts in England and Wales under a proposal confirmed in yesterday's (9 May) Queen's Speech, which outlined a legislative programme that will also include the introduction of a Defamation Bill. Plans to allow filming of some court cases, which forms part of the proposed Courts and Crime Bill, have been put forward in a bid to improve public understanding of the UK justice system.
By Suzi Ring
3 minute read
May 10, 2012 | International Edition
Holman hands managing partner role to shipping and transport chiefHolman Fenwick Willan has elected a new managing partner, with the firm's global head of shipping and transport George Eddings set to take up the role next year. Eddings, whose new role was approved by partners earlier this month, will take over from current managing partner Greg Gray when his term comes to an end in March 2013.
By Suzi Ring
2 minute read
May 09, 2012 | International Edition
Stewarts and Mishcon prevail in £40m battle over banker bonusesStewarts Law and Mishcon de Reya have won a high-profile battle over €50m (£40m) in unpaid bankers' bonuses, with a judgment handed down today (9 May) in favour of a group of former Dresdner Kleinwort bankers. The High Court judgment, issued by Mr Justice Owen, found that their former employer Commerzbank acted in breach of its contractual obligations in slashing bonuses to 104 staff after it acquired Dresdner.
By Suzi Ring
3 minute read
May 08, 2012 | International Edition
Freshfields NQs to make at least £65k as new merit pay system kicks inFreshfields Bruckhaus Deringer has confirmed associate salaries under its new merit-based pay scheme, with newly-qualified (NQ) lawyers set to make at least £65,000 - £3,500 more than those at rival magic circle firms.
By Suzi Ring
3 minute read
May 04, 2012 | International Edition
Herbert Smith corporate insurance duo quits for AshurstHerbert Smith corporate insurance partners Adam Levitt and Hammad Akhtar have quit to join City rival Ashurst. Levitt and Akhtar handed in their notice last month, leaving Herbert Smith with one corporate insurance partner in London, Geoffrey Maddock.
By Suzi Ring
3 minute read
May 04, 2012 | International Edition
Morgan Lewis to hire Dewey Moscow and Almaty offices and three more partners in CityDewey & LeBoeuf is set to see further departures from its European network, with its Moscow office defecting to Morgan Lewis & Bockius, which is also set to hire an additional three partners in London. Meanwhile a German corporate finance team is leaving to launch a Frankfurt office for McDermott Will & Emery. The Moscow team, which is understood to include the entire eight partner office, will launch a Russia base for Morgan Lewis.
By Suzi Ring
3 minute read
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