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International Edition

SJB, Oppenhoff hire German magic circle partners

SJ Berwin has expanded its German corporate practice with the hire of a capital markets partner from Clifford Chance (CC). Dietmar Anders joined SJ Berwin's Frankfurt arm earlier this week (1 June). The hire comes a month after the top 20 UK law firm saw the departure of local corporate head Michael Roos, who left to set up his own practice.
2 minute read

International Edition

Dewey shakes up Paris arm with three-partner management committee after exit of local chief

After a succession of senior departures from its Paris office, Dewey & LeBoeuf has moved to plug the gap for its French managing partner with a three-partner management committee. The firm lost its Paris managing partner in April when firmwide international arbitration co-head Eric Schwartz left the position to launch a French base for US rival King & Spalding.
2 minute read

International Edition

Eversheds extends arms to Mauritius and Albania

Eversheds has expanded its international presence into Mauritius and Albania after adding two new offices to its Eversheds International network. The firm has opened an office in Mauritius, through South African Eversheds International member firm Routledge Modise, and an office in Albania through Italian arm Eversheds Piergrossi Bianchini.
2 minute read

International Edition

OC partner promotions see trio made up in Germany

Osborne Clarke has announced its 2009 promotions round, with all of the new partner in the firm's Cologne office. Cologne-based Oliver Esch, Thomas Schnabel and Thomas Funke have been made up in the commercial, construction and competition practices respectively from 1 May.
2 minute read

International Edition

NCTM secures third merger deal in past two months

NCTM has added a Brussels office as the fast-growing Italian independent completes its third merger in the past two months. The firm has opened its second office outside of Italy with a tie-up with Brussels-based boutique O'Connor and Company. The office will be headed up by the boutique's founding partner Bernard O'Connor, who joins NCTM's equity partnership.
2 minute read

International Edition

Shearman leads on €3bn Danone rights issue

Shearman & Sterling and Bredin Prat have taken lead roles on French dairy and water company Danone's €3bn (£2.6bn) rights issue. The company, whose flagship products include Evian, Activia and Actimel, launched a public offering in France and Switzerland yesterday (1 June) accompanied by an international private placement in a bid to reduce its debt.
2 minute read

International Edition

Pinsents and Salans seal strategic alliance

Pinsent Masons and Salans have launched a strategic alliance, with Pinsents set to pull out of its international network, PMLG, as a result. The alliance, which went live yesterday (1 June) and was agreed last week, will see the firms conducting joint pitches for cross-border work and committing to joint training and secondments, in a bid to access new clients and boost their international scope.
2 minute read

International Edition

Shearman takes lead on $1.2bn Novartis buyout

Shearman & Sterling has advised longtime client Novartis on its $1.2bn (£757m) acquisition of the generic cancer drug business of EBEWE Pharma, reports The Am Law Daily. Corporate partner Harald Selzner, who is based in Duesseldorf, led the firm's team on the deal.Shearman has represented Swiss-based pharma giant Novartis on several previous deals, including its $8.4bn (£5.3bn) acquisition of generic drug makers Eon Labs and Hexal in 2005. Wachtell Lipton Rosen & Katz also advised Novartis on that deal.
2 minute read

International Edition

Houthoff Buruma and Loyens come out on top in Netherlands with increased 2008 revenue rises

Houthoff Buruma and Loyens & Loeff have emerged as the top legal performers in the Dutch legal market, with the firms reporting larger revenue increases in 2008 than their rivals. Houthoff, which is the fourth-largest law firm in the Netherlands by number of advisers, managed double-digit growth in turnover during calendar year 2008, with revenues growing by 10% from €102m (£91m) to €112.7m (£100.6m). The firm initially reported a near 10% increase in revenues last year but has since readjusted its 2007 figure down from €106.4m (£95m) to €102m.
3 minute read

International Edition

Milan banking team leaves Ashurst to help Pedersoli finance push

Ashurst has lost a four-lawyer banking team in Milan to Pedersoli, with Ashurst partner Maura Magioncalda set to head the banking practice at the independent firm. Magioncalda, who has left Ashurst after four years as a partner at the UK law firm, joins Pedersoli as an equity partner along with three associates.
2 minute read

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