NEXT
Sign in to follow

International Edition

An arrangement for any occasion - how plans of arrangement are being used to restructure in the BVI

The macro-economic conditions in the period since 2008 and the attendant liquidity crisis have left many companies treading in increasingly deep and treacherous financial waters. Such companies, particularly those with operations or substantial holdings in mature markets directly affected by the reduced availability of credit, have found themselves searching for time and cost-effective mechanisms to address illiquid assets, mounting debt, increasing costs and declining revenue while seeking to capitalise on opportunities, especially in emerging markets, with a view to increased productivity and higher profits.
7 minute read

International Edition

In the wake of disaster - Sony Ericsson's GC on reacting when disaster hits your business

At last month's Legal Week Corporate Counsel Forum Europe, held at Luton Hoo and chaired by former Herbert Smith senior partner Lord David Gold, Sony Ericsson vice president and general counsel Jonathan Pearl led a panel alongside former Northgate Information Solutions legal head Jeremy Evans on crisis management. The pair outlined how their companies had dealt with the disasters of the Japan earthquake and tsunami earlier this year, and the enormous fire following the Buncefield oil depot explosion in Hemel Hempstead in 2005. Delegates heard how the crises affected the businesses as well as the legal teams' roles in dealing with the initial disasters and getting the business back on track.
8 minute read

Legal Week

Linklaters and Freshfields top Euro M&A rankings amid tough market

Linklaters and Freshfields Bruckhaus Deringer have topped Mergermarket's European M&A rankings for the first three quarters of 2011 – with the new research demonstrating the impact of the global sovereign debt crisis as deal volumes plummeted during 
the third quarter. Linklaters held onto the top spot in the European volume rankings, working on 161 deals worth a total of $164.9bn (£107bn), placing the firm ahead of Freshfields, Clifford Chance, Allen & Overy (A&O) and DLA Piper.
25 minute read

International Edition

Maclay Murray boosts London corporate with Pinsents partner hire

Maclay Murray & Spens has strengthened its London corporate practice with a partner hire from Pinsent Masons. Darius Lewington joined the firm last month after nine years at Pinsents, where he worked on domestic and cross-border corporate transactions including M&A, IPOs and secondary fund raisings, joint ventures and corporate reorganisations.
2 minute read

International Edition

Linklaters and Bird & Bird lead on Investec deal in Takeover Code first

Linklaters and Bird & Bird have taken lead roles on Investec's £233m acquisition of UK stockbroker and fund manager Evolution Group. The South African financial services group was advised by Linklaters on the deal, which was agreed last week after a month-long bidding process including Canadian company Canaccord.
2 minute read

International Edition

US firms head up $3.9bn private equity buyout

A trio of top US firms have taken lead roles on the $3.9bn (£2.5bn) private equity takeover of contract drug researcher Pharmaceutical Product Development (PPD), reports The Am Law Daily. The US-based organisation is being acquired by the Carlyle Group and Hellman & Friedman after fielding offers from rival bidders including Blackstone Group and KKR.
2 minute read

International Edition

Norton Rose seals South America entrance with new Canada tie-up

Norton Rose has confirmed that it is to add a second Canadian firm to its international network, with Calgary-based Macleod Dixon to merge with the firm on 1 January 2012. The move, news of which first emerged in the Canadian press yesterday (3 October), will gift the group an additional 250 fee earners, adding to its Swiss Verein-structured international network which already comprises 2,500 fee earners.
3 minute read

International Edition

Mallesons partners voice support for tie-up with China leader King & Wood

Mallesons Stephen Jaques is pushing forward with plans for a tie-up with top Chinese law firm King & Wood in what could mark a highly significant union in the Asia-Pacific market. The top-tier Australian firm's partners were given the chance to air their views about the potential union at a meeting in Sydney last month, with discussions between the two firms now set to progress after partners offered broad support for a tie-up.
3 minute read

International Edition

Linklaters leads for new Russian client on $974m acquisition

Linklaters has taken a lead role on Russian mineral company EuroChem's $974m (£623m) asset sale to BASF, the world's largest chemical company, reports The Am Law Daily. Linklaters is advising EuroChem on the purchase of fertilizer assets from BASF, including its operations in Belgium, as well as a 50% stake in French joint venture Pec-Rhin.
2 minute read

International Edition

Simmons sees partners exit for Reed Smith in Paris and Mallesons in HK

Reed Smith has strengthened its Paris office with the hire of a three-lawyer corporate team from Simmons & Simmons. Marc Fredj joined the firm last week as a partner in its Europe and Middle East corporate group, along with two associates, bringing the total number of partners in the US firm's Paris base to 16.
3 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • The Power of Online Reputation Management For Attorneys: A Critical Tool For Law Firms in 2025

    Brought to you by Erase.com

    Download Now

  • The Role of Evolving Support Structures in Optimizing Legal Talent

    Brought to you by BigHand

    Download Now

  • Corporate Monitorship Advisory Services

    Brought to you by HaystackID

    Download Now

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now