Suzi Ring

February 16, 2012 | International Edition

Berwin Leighton Paisner (BLP) and Slaughter and May have advised on the $1bn (£632m) sale of a 24% stake in Indonesian mining company Bumi. BLP advised the sellers, commodities trader Bakrie & Brothers and Indonesian investment company Long Haul Holdings, with a team led by City corporate finance partner Benjamin Lee, Singapore head Alistair Duffield and Singapore banking partner Tahirah Ara.

By Suzi Ring

2 minute read

February 16, 2012 | International Edition

Berwin Leighton Paisner (BLP) is set to vote on spinning off its much-touted Lawyers on Demand (LoD) service, with the firm expected to retain a majority stake in the business. If the spin-off is approved by partners, LoD, which provides clients with freelance lawyers on a temporary basis, will operate as a standalone business. A vote is expected to take place in the coming weeks.

By Suzi Ring

2 minute read

February 16, 2012 | International Edition

Herbert Smith and Linklaters are in line to advise on the proposed takeover of Cable & Wireless Worldwide (CWW) by Vodafone. Herbert Smith is acting for CWW with a team led by London corporate partner Christopher Haynes, while Linklaters is understood to be advising Vodafone on its potential bid. The offer is expected to be in the region of £700m.

By Suzi Ring

2 minute read

February 16, 2012 | International Edition

Mallesons Stephen Jaques has launched a review of its lockstep as it emerges that the Australian leader's Hong Kong partnership will be fully financially integrated with China's King & Wood's when the merger between the two firms goes live next month. Mallesons and King & Wood partners in Hong Kong will share one profit pool from 1 March this year, with King & Wood partners understood to be transferring over to Mallesons' remuneration system.

By Suzi Ring

3 minute read

February 16, 2012 | International Edition

LG and Withers are both set to open offices in Singapore this spring in a bid to capture a share of the region's growing private client market. LG's Singapore launch, which will go live in the coming months through an alliance with local outfit PK Wong and Associates, marks the City law firm's first base in Asia.

By Suzi Ring

2 minute read

February 16, 2012 | International Edition

Litigators are optimistic that flagship court will help lure big-ticket disputes to London. Suzanna Ring reports

By Suzi Ring

6 minute read

February 16, 2012 | International Edition

Hogan Lovells has announced its 2011 financial results, with turnover remaining static at $1.66bn (£1.06bn) while profits per equity partner (PEP) rose 2% during the year. The transatlantic firm saw turnover increase marginally from $1.664bn (£1.05bn) to $1.665bn last year, while PEP climbed to $1.165m (£743,000), up 2% from the previous year's figure of $1.144m (£730,000).

By Suzi Ring

2 minute read

February 15, 2012 | International Edition

Clyde & Co has appointed a new Singapore managing partner with the relocation of City shipping partner Brian Nash to the region, as the firm continues to bulk up in Asia. Nash has taken up the role as of this month and has also been appointed to the firm's Asia regional board. He has been a partner at Clydes since 1987 and has also previously spent time in Clydes' Dubai office as head of dispute resolution.

By Suzi Ring

2 minute read

February 15, 2012 | International Edition

Field Fisher Waterhouse's former managing partner Moira Gilmour has died, after being diagnosed with cancer late last year. Gilmour, who was a partner at Field Fisher for 14 years, passed away at the weekend (11 February). A real estate lawyer, Gilmour joined the City firm through its 1998 merger with Allison & Humphreys, going on to become managing partner in April 2006.

By Suzi Ring

2 minute read

February 14, 2012 | International Edition

Slaughter and May has advised alongside Cleary Gottlieb Steen & Hamilton and Wachtell Lipton Rosen & Katz as Google's $12.5bn (£7.9bn) acquisition of Motorola Mobility yesterday (13 February) gained competition clearance in the US and Europe. Slaughters was brought in to advise Motorola on European competition matters after the acquisition was announced in August last year, with the firm understood to have fielded a team led by Brussels competition partner Claire Jeffs.

By Suzi Ring

1 minute read