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International Edition

Magic circle firms steer €4.5bn VW-Porsche deal to finish line

Freshfields Bruckhaus Deringer and Clifford Chance (CC) have taken lead roles on a €4.5bn (£3.6bn) deal which has seen Volkswagen (VW) agree to buy the remaining 50.1% of Porsche it does not already own, reports The Am Law Daily.
2 minute read

International Edition

Links and Eversheds act on Dairy Crest deal

Eversheds and Linklaters have advised on the £344m sale of Dairy Crest's French arm to Montagu Private Equity.
2 minute read

International Edition

Siemens advisers on standby for review of engineering giant's roster

Siemens is gearing up for a review of its UK and Ireland law firm roster this autumn following the appointment of new general counsel Claire Carless earlier this year.
2 minute read

International Edition

British Gas phases out general counsel role after legal chief Rowlands departs

British Gas general counsel Melanie Rowlands has left the company to rejoin vacuum technology producer Edwards Group as a legal consultant.
2 minute read

International Edition

Simpson and top UK trio head up £1.5bn Melrose acquisition

Simpson Thacher & Bartlett and Allen & Overy (A&O) are among a line-up of top law firms to have taken roles on Melrose's £1.5bn acquisition of German utility meter manufacturer Elster Group.
2 minute read

International Edition

Clydes set for landmark Libya launch with team of local hires

Clyde & Co is set to launch in Libya next month, making it the first international law firm to open in the country. The insurance firm will launch in Tripoli on 1 August with the hire of Libyan Investment Authority GC Albudery Shariha to head the office.
2 minute read

International Edition

Addleshaws takes on Trowers partner for Dubai office launch

Addleshaw Goddard has recruited a Trowers & Hamlins partner to lead the launch of its new Dubai office. Dubai-based construction partner Andrew Greaves will head up the new base alongside Addleshaws international arbitration partner Jonathan Tattersall and senior corporate partner Keith Johnston, who will now split their time between the firm's London, Dubai and Manchester offices.
2 minute read

International Edition

Stibbe to launch in Hong Kong in wake of Herbert Smith alliance termination

Former Herbert Smith ally Stibbe is launching in Hong Kong, six months after it ended its alliance agreement with the UK firm and Germany's Gleiss Lutz. The Benelux firm's new Hong Kong base will advise on corporate, finance and tax law, and will support Chinese clients with European investments as well as Benelux clients with operations in Asia. It is expected to open at the beginning of September.
2 minute read

International Edition

Pinsents grows 4% pre-merger with McGrigors taking joint turnover to £295m

Pinsent Masons saw turnover rise by 4% in the last financial year before its merger with Scots firm McGrigors went live on 1 May. The firm saw revenue climb to £221m in 2011-12 up from £213m in 2010-11, when revenues grew by 3%. Asia saw the biggest increase in fee income, with Pinsents' offices in Hong Kong, Singapore, Beijing and Shanghai reporting a 30% jump in turnover, while Middle East revenue grew by 15%.
2 minute read

Legal Week

Down Under, not out - Herbert Smith has a lot to prove post-Freehills

For a firm that has at times appeared near-paralysed by indecision, division and lack of leadership, Herbert Smith is certainly making an emphatic statement with its full financial merger with Freehills. True, the firm procrastinated in Europe to the point where belated attempts to make ground ended in public reversal.
7 minute read

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