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International Edition

Freshfields heads up firms on ING restructuring and €7.5bn rights issue

Freshfields Bruckhaus Deringer, Sullivan & Cromwell and Stibbe have all landed roles on ING's restructuring, which includes a €7.5bn (£6.8bn) rights issue. Sullivan and Stibbe have been instructed to advise on the bank's rights issue, which was launched yesterday (26 October) as part of a wider restructuring that will see the Dutch banking giant split into two.
2 minute read

International Edition

Cleary boosts Moscow corporate team with US partner transfer

Cleary Gottlieb Steen & Hamilton has bulked up its Moscow office with the relocation of a partner from the US. New York-based corporate partner David Gottlieb has become the third full-time partner in the US firm's Russian base, alongside Scott Senecal and Murat Akuyev. The office also has around 30 associates.
2 minute read

International Edition

Shearman set to boost Italy presence with Milan office launch

Shearman & Sterling is set to open its second office in Italy with the addition of a presence in Milan to its existing Rome base. Shearman is setting up the new office, due to open in January 2010, with the relocation of two Rome-based partners - corporate partners Tobia Croff and Fabio Fauceglia. The US firm will also transfer a number of associates who currently work in the Rome office.
2 minute read

International Edition

PLMJ network forms CEE alliance with two international launches

PLMJ has established a 'best friends' network across Central and Eastern Europe (CEE), with the firm also launching two new international offices. The Portuguese firm has set up best friend relationships with CEE firms including Austrian heavyweight Wolf Theiss, leading Polish firm Domanski Zakrzewski Palinka, Czech firm Kocian Solc Balastik and Hungary's Szecskay. PLMJ also hopes to add relationships in Ukraine, Slovenia and the Baltics.
2 minute read

International Edition

Clifford Chance names finance partner as new Amsterdam chief

Clifford Chance (CC) has appointed a new Amsterdam managing partner, with finance specialist Bas Boris Visser taking over the role today (16 October). The election of Visser was unanimous and will see him take on the role for a four-year term. He succeeds current Amsterdam head Jan ter Haar, who was last month appointed as CC's next Moscow managing partner, after the announcement that Russia and CIS managing partner Michael Cuthbert is to retire.
2 minute read

International Edition

A&O takes top role on €1bn leveraged finance deal

Allen & Overy (A&O) has advised on the €1.025bn (£955m) financing of the acquisition of a majority stake in Italian natural gas distributor Enel Rete Gas (ERG). The magic circle firm drafted in a team from its City headquarters to advise a consortium of 11 banks financing the deal, led by longstanding clients JP Morgan and Banca IMI. London projects partner Conrad Andersen took the lead for A&O, with leveraged finance chief Tim Polglase assisting.
2 minute read

International Edition

US trio win lead roles on £678m Eastern European telecoms deals

A trio of US firms have taken lead roles on a series of deals in Central and Eastern Europe which will give buyout house Mid Europa Partners a controlling stake in Hungarian telecoms company Invitel. Shearman & Sterling, White & Case and Simpson Thacher & Bartlett were instructed on the deals, which involved both debt and equity acquisitions and have been valued by Mergermarket at a total of £678m.
2 minute read

International Edition

Linklaters set for Dutch litigation launch with NautaDutilh partner hire

Linklaters is set to continue its global litigation push with the launch of an Amsterdam practice in early 2010. Litigation partner Daniella Strik will join Linklaters on 1 February from Dutch independent NautaDutilh, where she has been a partner since 2005.
2 minute read

International Edition

Ex-Richards Butler partner among trio found guilty of stealing clients and millions in fees

A trio of Australian expatriate lawyers working at their own firm in Kazakhstan has been found guilty by a Sydney court of conspiring to steal clients and millions of dollars in fees from another expat-led firm at which they once worked. The Australians - John Forster Emmott, a former partner of legacy UK firm Richards Butler; Robert Nicholls, an ex-partner at leading Australian firm Freehills; and David Slater, a former in-house lawyer at Australian bank Westpac - reportedly lured oil and gas clients from the Almaty-based firm Michael Wilson & Partners.
2 minute read

International Edition

Ashurst recruits new head of Spanish litigation

Ashurst has hired a new head of its Spanish litigation and arbitration practice, with an appointment from a local firm. Daniel Jimenez will join the top 10 City firm as a director later this month from Spanish law firm Diaz-Bastien & Truan, where he was the partner in charge of the civil litigation department.
2 minute read

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