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International Edition

Freshfields names Pritchard as new US managing partner

Freshfields Bruckhaus Deringer has appointed Julian Pritchard as the firm's new US managing partner. The New York-based M&A partner succeeds finance partner Brian Rance, who will return to full-time work in the New York finance group after finishing his three-year term in the management role.
2 minute read

International Edition

Davenport Lyons boosts corporate with Addleshaws partner hire

Davenport Lyons has expanded its corporate team with the hire of John Hiscock from Addleshaw Goddard. Hiscock, who joined the West End law firm as a partner at the beginning of this month, will work with corporate head Michael Hatchwell. His practice covers private equity and venture capital, investment funds, structured finance, M&A and structured real estate work, with his past clients including Matrix Group and Royal Bank of Scotland.
2 minute read

International Edition

Partner fired for not meeting billing targets sues firm

A former corporate partner in the New York office of Edwards Angell Palmer & Dodge is suing the firm after it fired him for failing to meet revenue expectations. Stephen Connoni, who joined the US firm in September 2007 but left one year later, sued the firm in April for allegedly "unilaterally and improperly" firing him without a required vote of the partnership and without paying him all that he was owed.
3 minute read

International Edition

CC Milan corporate partner duo join US firm

Clifford Chance (CC) has seen the departure of two partners in Milan, with corporate partners Ian Tully and Massimo La Torre both leaving last week after seven years in the firm's partnership. Tully will join US firm Curtis Mallet-Prevost Colt & Mosle at the start of September as a partner in Milan. He will focus on corporate energy work and M&A. He is the fourth lateral partner hire the firm has made in Europe since January.
2 minute read

International Edition

Simpson, Cravath and Bredin Prat line up on KKR merger deal

A trio of international firms have advised on private equity giant Kohlberg Kravis Roberts & Co's (KKR's) merger with its European affiliate KKR Private Equity Investors (KPE), reports The Am Law Daily. The transaction has been approved by directors at KKR and KPE and will be completed on 1 October if a majority of KPE unit holders agree to the merger during voting in the third quarter. The deal could bring KKR one step closer to a public listing in New York, which it delayed last year amid turmoil in the credit markets.
2 minute read

International Edition

Squire Sanders boosts Frankfurt arm with hire of Faegre trio

Squire Sanders & Dempsey has bolstered its German practice with a three-lawyer team from Faegre & Benson in Frankfurt. The firm has hired Faegre corporate partner Karl Walter and banking partner Manfred Baumbach as a partner and of counsel respectively. Meanwhile special counsel Louis Wakatsuki, a corporate lawyer, is also joining as of counsel.
2 minute read

International Edition

Stephenson Harwood signs up former Ashurst corporate partner

Stephenson Harwood has boosted its corporate practice with the hire of former Ashurst partner Duncan Stiles. Stiles will join the top 40 UK firm on 3 August after leaving Ashurst earlier this year. He had spent 18 years at the firm, making partner in 2000.
1 minute read

International Edition

Overworked corporate counsel cut back on use of outside firms

Corporations are using fewer law firms because short-staffed corporate legal departments have little time to manage outside firms, according to new research. The study, carried out by BTI Consulting Group, canvassed 550 companies with average revenues of £16bn and average annual legal spend of £12m.
2 minute read

International Edition

Halliwells corporate trio quit London office to join DAC

Halliwells is to lose a heavyweight corporate trio to Davies Arnold Cooper (DAC), leaving the national firm with just one corporate partner in London. Former senior partner Clive Garston - currently a consultant at the top 40 firm - is set to join DAC in September alongside London corporate partners Ian Brent and Steven Raize. They will be joined by Halliwells corporate solicitor Melissa Needham.
2 minute read

International Edition

Weil Gotshal, DLA and Links lead on $2bn Middle East media merger

Weil Gotshal & Manges, DLA Piper and Linklaters have taken roles on a $2bn (£1.2bn) merger which will create the largest pay TV company in the Middle East and North Africa, reports The Am Law Daily. Weil Gotshal, which opened its first office in the Middle East this January in Dubai, advised Showtime Arabia on the deal, which sees it join forces with TV company The Orbit Group.
2 minute read

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