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International Edition

Trio of firms take flight on E323m airline deal

Debevoise & Plimpton, Legance and Bonelli Erede Pappalardo have taken lead roles on Air France-KLM's purchase of a stake in Alitalia. The French-Dutch airline beat Lufthansa to buy a 25% stake in the Italian carrier at a much reduced price of €323m (£293m), after last spring's failed €1.5bn (£1.4bn) bid to buy a minority stake.Italian independent Legance advised Air France-KLM with a team led by corporate finance partners Filippo Troisi and Andrea Fedi. US firm Debevoise & Plimpton's Paris office advised the airline on the French aspects of the deal, led by office co-managing partner Patrick Laporte and international counsel Severine Canarelli.
2 minute read

International Edition

Dundas wins lead role on $50bn Madoff fraud case

Dundas & Wilson's London corporate recovery team has bagged a top role advising on UK and European aspects of the high profile Bernard Madoff fraud case. Dundas insolvency partner John Verrill is leading a team advising Grant Thornton as joint provisional liquidator to Madoff Securities International.
2 minute read

International Edition

DLA Piper secures lead role on demise of Zavvi

DLA Piper's Manchester office has landed the lead role advising on the collapse of entertainment retailer Zavvi.
2 minute read

Legal Week

DLA Piper secures lead role on demise of Zavvi

DLA Piper's Manchester office has landed the lead role advising on the collapse of entertainment retailer Zavvi.
28 minute read

International Edition

Forsters picks up £500m Croydon residential development mandate

Property boutique Forsters is advising regeneration specialists Menta on a £500m mixed-use development scheme in Croydon.The firm has been fielding a team led by commercial property partner Eugene McMahon advising Menta on the scheme at Cherry Orchard Road in Croydon, next to East Croydon station. McMahon's team is providing Menta with property, planning, construction and finance advice on the project, which is expected to create more than 1,000 residential units across three towers.
2 minute read

International Edition

Commentary: Death and taxes help private client teams beat the crunch

Speaking to your average M&A lawyer can be quite depressing these days. With no deals on the horizon this side of Christmas and banks not cutting any slack on financing, many partners are down in the doldrums.But not so for the private client lawyer. Tightening tax laws and falling oil prices mean more work for wealth management specialists. Despite a general downturn in activity in pretty much every sector bar litigation and restructuring, the private client arena has remained one of the more resilient to market fluctuations.Of course, much of this work, with the exception of the occasional high-profile divorce settlement, gets little press attention. And while the sector prides itself on client discretion, internally at least many partners are finding themselves in the limelight as one of the few remaining profitable practices in many firms.
4 minute read

Legal Week

Commentary: Death and taxes help private client teams beat the crunch

Speaking to your average M&A lawyer can be quite depressing these days. With no deals on the horizon this side of Christmas and banks not cutting any slack on financing, many partners are down in the doldrums.But not so for the private client lawyer. Tightening tax laws and falling oil prices mean more work for wealth management specialists. Despite a general downturn in activity in pretty much every sector bar litigation and restructuring, the private client arena has remained one of the more resilient to market fluctuations.Of course, much of this work, with the exception of the occasional high-profile divorce settlement, gets little press attention. And while the sector prides itself on client discretion, internally at least many partners are finding themselves in the limelight as one of the few remaining profitable practices in many firms.
7 minute read

International Edition

Herbert Smith to handle €500m refinancing

Herbert Smith and Clifford Chance (CC) have taken lead roles on a €500m (£429m) refinancing deal for IT and business services company Logica. Logica turned to Herbert Smith, while CC advised the arranging banks. Herbert Smith finance partner Malcolm Hitching led the team for Logica, assisted by associates Elliot Beard and Louise Shelford.
2 minute read

International Edition

Paul Hastings acts on $680m Boeing purchase

Paul Hastings Janofsky & Walker has sealed its first mandate for new client DCM Deutsche Capital Management - advising the German fund manager on the $680m (£460m) acquisition of four Boeing 777F aircraft. The US law firm fielded a team from its European offices led by London corporate partner Keith Wilson, with Frankfurt corporate partner Hergen Haas advising on the German law aspects of the deal.The transaction marks the first instruction for Paul Hastings from DCM Deutsche Capital, with the mandate coming through its German office.
2 minute read

International Edition

Dealmaker: Rafael Sebastian

Rafael Sebastian, of Spain's Uria Menendez, on creative solutions, keeping calm and casually dressed Englishmen in Madrid
4 minute read

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