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International Edition

Ashurst Stockholm makes partner hire

Ashurst has bolstered its Stockholm office with the hire of capital markets specialist Jon Ericson. Ericson, who joined the firm this week (1 December) as a partner, comes from the investment banking division of Nordic bank Nordea. Ericson will be the first specialist capital markets lawyer in Ashurst's Stockholm's three-partner corporate team and the sixth partner in the office. The City law firm's Swedish office only launched at the beginning of last year through a merger with M&A boutique AJB Bergh.
2 minute read

International Edition

Orrick loses Italian corporate head to NCTM

Orrick Herrington & Sutcliffe has lost its Italian head of corporate to local practice NCTM. Pietro Maria Tantalo left the firm's Rome office in September. Tantalo joined Orrick two years ago when the US law firm absorbed his corporate boutique Tantalo & Associati. Four associates are following Tantalo to NCTM. However, the firm is set to hire a five-partner corporate team for its Milan office from Italian independent Vita Samory Fabbrini & Associati in January 2009.
1 minute read

International Edition

Salans makes of counsel hire from Herbert Smith

Salans has added an of counsel to its Moscow office with the hire of senior associate Elizaveta Ivanova from Herbert Smith's Russian base. Ivanova's practice focuses on finance and energy, including project and structured finance. Salans Moscow managing partner Mathieu Fabre-Magnan said: "There will be many opportunities arising out of the current market turmoil and I believe that Salans will emerge as one of the winners of the crisis."
1 minute read

International Edition

Herbert Smith ally lets go of two CEE offices

Herbert Smith's German ally Gleiss Lutz is set to hand over its two offices in Central and Eastern Europe (CEE) to Austria's Schoenherr from the beginning of next year.The transfer will give Schoenherr its first offices in Prague and Warsaw. The firm is also launching a six-lawyer office in Bratislava which will be headed up by a former Gleiss partner.Gleiss's Prague office, which has around 25 lawyers including three partners, is headed by Martin Kudanek while the Warsaw office has around 20 lawyers including managing partner Przemysaw Pietrzak. Ivo Nesrovanal, who was a partner with Gleiss in Prague until the end of 2005 when he moved back to his native Slovakia, will lead the Bratislava office.
2 minute read

International Edition

Herbies faces fees cut after Talco case settles

One of the most expensive cases in British legal history - the epic Talco battle in which Herbert Smith advised the Republic of Tajikistan in a dispute with a group of aluminium traders - has settled midway through trial. The settlement, which comes just four weeks into an 18-week trial, means Herbert Smith's fees - expected to hit $100m (£65m) - are likely to be reduced.The firm fielded a team led by disputes partner Simon Bushell, with the estimated total fees also including costs for counsel - Herbert Smith in-house advocate Murray Rosen QC and One Essex Court's Neil Kitchener QC.
2 minute read

International Edition

CMS Moscow office names practice group heads ahead of tie-up

The CMS network's newly-integrated Moscow office has named its practice group heads ahead of the tie-up of CMS Cameron McKenna, Hasche Sigle and Francis Lefebvre's operations in the City. Three of the four group leaders represent Camerons - Grant Williams (head of banking and finance), Leonid Zubarev (head of commercial and litigation) and Steven Shone (head of real estate).Hasche Sigle's Irene Engel has been named as head of corporate.As previously reported by Legal Week, CMS Hasche Sigle Moscow head John Hammond has been appointed chairman of the merged operation.
2 minute read

International Edition

Garrigues to open second arm in Morocco

Garrigues is to open a second office in Morocco, with a launch in Tangiers planned for the beginning of next year. The Spanish giant looks likely to become the first foreign law firm with two offices in the North African country when it launches the base in January. The office will be staffed with three fee earners, with two relocating from Casablanca and one from Seville. Casablanca managing partner Jose Ignacio Garcia Muniozguren will become head of the Moroccan practice, overseeing both bases.
1 minute read

International Edition

Edwin Coe to act for Iceland bank account holders

UK group action specialist Edwin Coe has been instructed to advice depositors who lost over £800m in offshore accounts with troubled Icelandic bank Kaupthing Singer & Friedlander. Edwin Coe head of litigation, David Greene, is currently advising an action group of approximately 8,000 depositors on their legal options in a bid to retrieve £821m of lost funds from the bank in the Isle of Man.The bank's Isle of Man operations were frozen along with the rest of the bank when it was taken over by the Icelandic Government last month (8 October).
2 minute read

International Edition

WilmerHale hits Frankfurt with Mayer Brown hires

Wilmer Cutler Pickering Hale and Dorr has secured a Frankfurt launch with the hire of four high-profile partners from Mayer Brown, including two practice group heads. The firm has recruited Mayer Brown's co-head of corporate Ruediger Herrmann, intellectual property (IP) head Reinhart Lange, litigation partner Christofer Eggers and regulatory partner Hans-Georg Kamann and will also relocate Berlin corporate partner Christian Crones for the office launch.The new office will focus on corporate, IP, litigation and antitrust in the life sciences, pharmaceutical, energy and cleantech sectors.
2 minute read

International Edition

Willkie seals hire of six-lawyer Fried Frank team

Willkie Farr & Gallagher has boosted its European presence with the hire of a six-lawyer team of bankruptcy and litigation lawyers for its Paris office. Fried Frank Harris Shriver & Jacobson partner Maurice Lantourne has joined Willkie along with five associates. His practice focuses on advising corporate debtors, creditors and investors acquiring distressed assets and businesses, while he also is a trial lawyer focusing on both commercial and white-collar criminal matters.Lantourne joined Fried Frank in June 2006 along with eight associates following the dissolution of his 15-lawyer boutique Lantourne & Partners.
2 minute read

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