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International Edition

Dechert and Skadden Arps secure trophy public float on Czech £1.1bn mining IPO

Dechert has landed a trophy corporate role advising Czech coal mining company New World Resources (NWR) on a flotation on the main stock exchanges in London, Prague and Warsaw that could be worth up to £1.1bn.The deal, which was scheduled for an early May listing as Legal Week went to press, is set to be the largest ever in Czech history and the largest European initial public offering (IPO) this year. It will also be the first to have a triple listing on the three bourses.
2 minute read

International Edition

Dublin's A&L Goodbody promotes seven

Irish heavyweight A&L Goodbody has made up seven lawyers to its partnership in its latest round of internal promotions. Corporate gained two new partners, with Niamh Coyne and Cian McCourt both made up. Banking lawyer Maireadh Dale also gets the nod, as do project finance and energy specialist Ross Moore, David Main in the pensions practice and investment funds specialist Carol Widger.
2 minute read

International Edition

Watson Farley widens Italy reach with Milan debut

Watson Farley & Williams has opened a new office in Milan, the top 50 UK firm announced today (6 May). The new branch becomes Watson Farley's second office in the jurisdiction alongside an outpost in Rome and will focus initially on clients in the energy, shipping, transport and telecommunications sectors.
2 minute read

International Edition

Freshfields leads on Deutsche Bahn IPO

Freshfields Bruckhaus Deringer is advising German state-owned rail operator Deutsche Bahn on the initial public offering (IPO) of its mobility and logistics business in a deal valued at around €5bn (£3.94bn). The City giant is advising Deutsche Bahn on the partial privatisation of what is Germany's last major state-owned enterprise, with the stake set to be listed on the Frankfurt Stock Exchange representing a 24.9% share of the group.
2 minute read

International Edition

Ukraine firm signs up nine from local rival

Ukrainian law firm Asters has hired two partners, with Irina Nazarova joining to chair the litigation practice group and Andriy Vishnevsky joining to co-chair the business law group. The duo are joined by seven associates from Sergiy Koziakov & Partners. Asters was known as Shevchenko Didkovskiy & Partners until February this year.
1 minute read

International Edition

Taylor Wessing promotes UK half-dozen

Taylor Wessing is to appoint six new UK partners from a total of 19 promotions firm-wide, the Anglo-German firm announced today (30 April). The total is up from last year's tally of 17 and sees six new partners made up in the City and nine in Germany.
2 minute read

International Edition

CC hands third term to Paris chief Wehrli

Clifford Chance (CC) has announced the re-election of its Paris managing partner, Yves Wehrli, for a third successive term. Wehrli, a corporate specialist who joined the firm in 1980 and became a partner in 1988, will begin his third four-year term at the helm of the firm's French practice on 1 May.
2 minute read

International Edition

Reed Smith ditches Richards Butler tag early

Reed Smith has renamed its European and Middle Eastern operations as the US firm consolidates after a spate of merger deals. Reed Smith Richards Butler and Reed Smith Rambaud Charot - the firm's UK and French operations - will practise simply as Reed Smith from 1 May. The firm had also previously operated as Reed Smith Richards Butler in the Middle East.
2 minute read

International Edition

Linklaters hits back at claims that German practice will be downsized

Linklaters has reaffirmed its commitment to the German market, stating publicly that it is not intending to make further cuts in the region. The magic circle law firm - which has reduced its partner count in Germany from 85 to 70 since its 2001 merger with Oppenhoff & Raedler - has lost a stream of partners in recent months.
3 minute read

International Edition

Latham wades in to Deutsche Telekom's defence in shareholder 'class action' suit

Latham & Watkins and specialist German firm TILP are among more than 900 firms advising on a landmark legal case against Deutsche Telekom, which reached court earlier this month (7 April). The closely-watched case, which began in 2001 and is the first test case for Germany's newly-introduced group action rules, sees 17,000 shareholders suing Deutsche Telekom for a reported E80m (£63m).
2 minute read

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