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International Edition

Italian energy deals on the rise as subsidy deadline approaches

A surge of Italian energy deals has provided a ray of light for local lawyers as companies rush to sign off renewables projects before subsidies are cut next year. The Italian Government has been giving companies subsidies, known as feed-in tariffs, since 2007, to boost renewable energy projects, but is set to amend the regime shortly.
2 minute read

International Edition

Shell overlooks former key adviser Slaughters after panel overhaul

Royal Dutch Shell has finalised a global panel review which has seen former principal corporate adviser Slaughter and May miss out on a formal appointment. It is understood that magic circle rivals Clifford Chance and Allen & Overy will now share the sought-after global M&A work for the energy company.
2 minute read

International Edition

Freshfields recruits A&O partner in first City lateral hire since 2008

Freshfields Bruckhaus Deringer has made its first London lateral hire since 2008 with the appointment of finance partner Alan Rae Smith from Allen & Overy (A&O). Rae Smith, whose practice focuses on project finance in the oil, gas and power sectors, will join A&O's energy projects team in the City in early May.
2 minute read

International Edition

Powering into the FTSE 100

In December last year, energy company Aggreko joined the heavyweights of the stock market, entering the FTSE 100 for the first time following an 18% rise in its share price. For the company's director of legal affairs, Peter Kennerley, who joined from Scottish & Newcastle in October 2008, it feels good to be back. "When I was in the process of moving from Scottish & Newcastle [a FTSE 100 company until it was de-listed following its takeover by Heineken and Carlsberg in April 2008], my chief executive, Rupert Soames, joked that if I came on board he'd guarantee we would get into the FTSE 100. So it looks like he's fulfilled that side of the bargain," he says.
5 minute read

International Edition

Herbert Smith quartet join Jones Day to launch Paris energy practice

Jones Day has recuited a four-lawyer team from Herbert Smith to set up an energy practice in the US firm's Paris office. Laurent Vandomme will head the practice alongside counsel Denis Bandet and Akshai Fofaria and associate Etienne Dinner.
2 minute read

International Edition

Dentons promotions see energy duo made up in international offices

Denton Wilde Sapte has become the latest firm to announce a reduced promotions round for 2010, with just two lawyers made up to partner, both of who are based outside of the UK. The total number of new partners is down by more than half on last year, when six were made up, and significantly less than the 2008 round, when 12 joined the partnership.
2 minute read

International Edition

Ashurst boosts Asia practices with London partner relocations

Ashurst is relocating London partners Stuart Rubin and Philip Thomson to Hong Kong and Singapore respectively as the firm moves to bulk up its presence in the Asia region. Ashurst counsel Rubin transferred from the UK top 20 law firm's London capital markets practice to Hong Kong in April. It is understood he will be made up to partner in the firm's 2010 promotions round, which will take effect on 1 May.
2 minute read

International Edition

Clydes continues energy growth with hire of Maclays partner in London

Clyde & Co has recruited a partner from Maclay Murray & Spens for its London energy practice, marking the team's tenth hire in the last year. David Leckie joined Clydes from Maclays' London office last week (12 April). At Maclays his practice focused on commercial dispute resolution, with a particular focus on energy and regulatory law.
2 minute read

International Edition

EDF set to appoint new legal chief as GC steps down from role

EDF Energy is seeking a new general counsel following the resignation of legal chief Jean MacDonald. MacDonald is set to leave the company this summer after two years at the helm, having taken up the GC role at EDF when the French company purchased British Energy in 2008.
2 minute read

International Edition

Morgan Lewis boosts energy team with senior nuclear hire

Morgan Lewis & Bockius has moved to beef up its London energy team with the hire of the former group legal director and company secretary of British Nuclear Fuels Limited (BNFL), Susan Quint. Quint, who left BNFL at the end of 2009, had been group legal director and company secretary since 2007, having previously held the role of general counsel.
2 minute read

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