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International Edition

Ashurst aims for global leader status with Blake Dawson tie-up

Ashurst has taken a dramatic step to reposition itself as a credible global contender after agreeing a tie-up with Australian leader Blake Dawson. The structure of the union will see the firms combine their Asian operations, while Blakes' domestic Australian operation rebrands as Ashurst in March 2012, bringing the combined business under a single brand.
4 minute read

International Edition

DLA Piper boosts Italy with hire of Gianni corporate team

DLA Piper has strengthened its Italian corporate practice with a team hire from Gianni Origoni Grippo & Partners. Partner Fabio de Bene joined DLA's Milan office this week (19 September) alongside senior associate Pier Francesco Maria Faggiano and associate Giovanni Meschia.
2 minute read

International Edition

Wachtell and Jones Day lead on $18.4bn aircraft manufacturing buyout

Wachtell Lipton Rosen & Katz and Jones Day have taken lead roles on the $18.4bn (£11.9bn) acquisition of aircraft equipment maker Goodrich by United Techonologies Corporation (UTC), a deal that marks the conglomerate's largest-ever acquisition, reports The Am Law Daily. UTC is being advised by longstanding outside counsel Wachtell on the deal, which will see it pay $127.50 (£83) per Goodrich share in cash to acquire the target company and assume $1.9bn (£1.2bn) in debt.
2 minute read

International Edition

Field Fisher corporate partner exits to join US firm's London base

Baker Botts has strengthened its London office with the hire of corporate partner Neil Foster from Field Fisher Waterhouse. Foster, who focuses on M&A, venture capital and private equity, will join the US firm's 11-partner City base, which is headed up by corporate partner Tony Higginson.
2 minute read

International Edition

McDermott adds Paris partner amid busy local lateral market

McDermott Will & Emery has strengthened its fledgling Paris office with a hire from local firm Jeantet Associes, with the hire marking the latest in a string of partner moves in the city in recent weeks. Jonathan Wohl joined McDermott as a partner in its Paris corporate practice last month from Jeantet, where he was a senior counsel specialising in cross-border M&A. Wohl joined Jeantet as a partner in 2006 after 27 years with now-defunct firm Coudert Brothers. When he moved to Jeantet in January that year he became the final partner from Coudert's flagship Paris office to find a new home in the wake of the firm announcing plans to wind up in the summer of 2005.
3 minute read

International Edition

Gibson Dunn takes first UK work for Vivendi alongside CC on See Tickets buyout

Gibson Dunn & Crutcher and Clifford Chance (CC) have taken lead roles on French media conglomerate Vivendi's £83m acquisition of See Tickets, Britain's second-largest ticketing agency. Gibson Dunn acted for the acquirers on the deal, which comes just nine months after Vivendi took over leading French online ticket retailer Digitick. The US law firm fielded London and Paris-based teams led by corporate partners James Barabas and Ariel Harroch respectively. The sellers – Netherlands-based private equity firm Parcom Capital – instructed magic circle firm CC on the transaction, which ends months of speculation about the future of See Tickets following the sale of its German division to European market leader CTS Eventim last year.
2 minute read

International Edition

A&O and CC among seven firms on Chilean company's $790m mining acquisition

Allen & Overy (A&O) and Clifford Chance (CC) are among seven firms to have won roles on Chilean conglomerate Sigdo Koppers' $790m (£500m) acquisition of Belgian cement and mining services company Magotteaux, reports The Am Law Daily. A&O took the lead advising Santiago-based Sigdo, a holding company for more than 40 industrial businesses in the heavy construction, engineering, manufacturing, and mining sectors.
2 minute read

International Edition

Independent law firm network Lex Mundi names Clayton Utz partner as new chair

Clayton Utz partner Simon Truskett has been elected chair of independent law firm network Lex Mundi. Truskett, a senior partner in the Australian firm's corporate and M&A group, was elected to the role by the international network's board of directors at its annual meeting in Vienna this month (10 September).
2 minute read

International Edition

Dundas and Bircham Dyson Bell confirm merger discussions

Dundas & Wilson and London's Bircham Dyson Bell have confirmed that they have held discussions about a formal tie-up. A statement from senior management at both firms confirms that the pair are considering whether to "combine forces more formally", given their "positive mutual experience of collaboration to date".
2 minute read

International Edition

Taylor Wessing leads alongside US firms on latest Google deals

Taylor Wessing has taken a lead role for Google on its acquisition of deals website DailyDeal, while the search engine giant has also sealed the purchase of restaurant ratings and survey guide Zagat, reports The Am Law Daily. Google's purchase of DailyDeal, which targets customers in Germany, Austria, and Switzerland, handed a lead role to Taylor Wessing, with Hamburg corporate partners Robert Wethmar and Tillmann Pfeifer heading up the firm's team. Terms of the deal were not disclosed.
2 minute read

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