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International Edition

City giants gear up German arms for VW deal double

The German arms of Clifford Chance (CC) and Freshfields Bruckhaus Deringer have picked up lead roles on multibillion-pound deals involving German automotive giant Volkswagen (VW).CC has acted alongside Scandinavian leader Roschier to advise VW as it bids to increase its stake in Swedish lorry maker Scania from 38% to just under 69%, in a deal worth around SEK27.9bn (£2.26bn).
2 minute read

International Edition

Eversheds boosts Europe with Italian partner hire

Eversheds has moved to bolster its European competition practice with the hire of a partner in Italy. The firm has brought in Gennaro D'Andria as a partner to head the European Union (EU) and competition practice. D'Andria, who joined late last month, was previously an associate at Clifford Chance.
2 minute read

International Edition

Squire Sanders partner joins Polish bank board

Squire Sanders & Dempsey partner Eligiusz Jerzy Krzesniak has been selected to join the board of Poland's largest bank. Krzesniak, from the firm's Warsaw office, has been appointed vice chairman of the seven-strong supervisory board of PKO Bank Polski. He will co-lead the board on various planned projects, including the potential further privatisation of the bank.
1 minute read

International Edition

Latham names Rosenblatt as new Brussels chief

Latham & Watkins has appointed a new managing partner for its Brussels office, with antitrust partner Howard Rosenblatt named in the role. Rosenblatt, who joined Latham just one year ago from rival US firm Howrey, takes over the management position from fellow antitrust partner Andreas Weitbrecht.
2 minute read

International Edition

CC Russia bags Barclays' Expobank deal

Clifford Chance (CC) has scooped the lead advisory role for Barclays on its £373m acquisition of Russian retail and commercial lender Expobank. Corporate partner Alex Erasmus lead a Moscow-based team for CC advising Barclays, a longstanding client of the magic circle firm.
2 minute read

International Edition

Clifford Chance expands in CEE with Kiev launch

Clifford Chance (CC) is to open a new office in Kiev later this year, in the latest state of the magic circle giant's expansion into Central & Eastern Europe (CEE). CC unveiled its plans to launch in the Ukraine capital today (7 March), with current Warsaw chief Nick Fletcher in line to lead the new office.
2 minute read

International Edition

Proskauer bolsters Paris projects team with Freshfields partner hire

Proskauer Rose has recruited a high-profile banking and finance partner from Freshfields Bruckhaus Deringer for its Paris office. Jean L'Homme - who headed Freshfields' Paris projects group in the 1990s - left the firm in mid-February. He will officially start at Proskauer as a partner in mid-March.
2 minute read

International Edition

Gide Loyrette triples City presence with new pad

Gide Loyrette Nouel will treble its office size when the firm moves to new City headquarters later this year. The French firm will take three floors on 125 Old Broad Street, covering 33,000 sq ft. The office space, located near the Bank of England, is currently being renovated. In 2007, the London office increased its revenues by 28%, earning E22m (£16.5m) as well as growing its headcount by 50%.
1 minute read

International Edition

Freshfields' Paris arm leads trio on €800m Eurotunnel funding

The Paris offices of Freshfields Bruckhaus Deringer, Shearman & Sterling and Sullivan & Cromwell are advising Eurotunnel on its plans to secure €800m (£612m) of funding. Last month's issue of deferred equity securities is part of a planned €1.7bn (£1.3bn) refinancing and is being fully underwritten by a Goldman Sachs infrastructure fund.
2 minute read

International Edition

Paul Hastings taps Ashurst Paris projects team

Paul Hastings Janofsky & Walker has hired a four-lawyer projects team from Ashurst in a boost for the US firm's Paris office. Pascal Cuche and Marc Lordonnois join Paul Hastings as partners alongside associates Karine Debaecker and Mounir Letayf. All four were previously associates at the top 10 City firm.
2 minute read

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