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International Edition

Roschier names new Stockholm leadership alongside two partner hires

Roschier has recruited three partners from Vinge and appointed new management to take the helm of the firm's Stockholm office. Private equity and M&A partner Malin Leffler and corporate and M&A partners Pontus Enquist and Ola Sandersson are set to join the Finnish firm later this year from the Stockholm office of Sweden's Vinge.
2 minute read

International Edition

Ogier makes Rio Tinto hire for launch of new Shanghai office

Ogier has become the first offshore firm to secure a formal presence in mainland China with the launch of an office in Shanghai. The new base will be headed by managing director Kristy Calvert, who joins from international mining group Rio Tinto, where she was a legal director. She is a native Mandarin and Shanghainese speaker.
2 minute read

International Edition

Hogan Lovells leads as News Corp cuts MySpace losses with $35m sell-off

Hogan Lovells has advised News Corporation on its $35m (£22m) sale of MySpace, six years after the media giant purchased the social networking site for $580m (£362m), reports The Am Law Daily. The acquisition by targeted advertising company Specific Media will see most of MySpace's 400 employees dismissed following the change in ownership, according to an email sent out on Wednesday (29 June) by MySpace CEO Mike Jones which confirmed the deal.
2 minute read

International Edition

Large firms set to lose out as Kingfisher seeks panel savings

Home improvement giant Kingfisher is planning to slash the number of large law firms it uses, as part of a panel review intended to help the company maximise its legal spend. Kingfisher, which owns brands including B&Q and Screwfix, is mid-way through the review, which is expected to see the company scale-back the number of leading international law firms on 
its roster from 10 firms to around four.
2 minute read

International Edition

Eversheds eyes US presence as firm gears up to go global

Eversheds is considering mergers in both London and the US as part of an ambitious three-year strategy intended to reposition the law firm as a credible global player. The firm's management is consulting with partners and staff about what they want to see in the firm's 2012-15 strategy, but it has highlighted the need to form some kind of presence in the US and a possible merger in the City as priorities.
3 minute read

International Edition

Talking the talk - the plague of business jargon

Lawyers are becoming partial to business-speak – a nonsense language of jargon that many see as a way to shut out those who don't understand it. JDG Chambers tells it like it is
8 minute read

International Edition

BLP to advise on £350m M&A deal for Total petrol stations

Berwin Leighton Paisner (BLP) has clinched the corporate mandate on a deal which is set to see £350m worth of UK petrol stations change hands. The law firm is advising Rontec Investment on the purchase of 810 petrol stations from Total – 254 of which are set to be sold on directly on to Shell.
2 minute read

International Edition

Cleary takes Stanley Black & Decker role on $1.2bn Swedish takeover bid

Cleary Gottlieb Steen & Hamilton is acting for Stanley Black & Decker on its billion-dollar bidding battle with Securitas to acquire Swedish security systems company Niscayah, reports The Am Law Daily. Stanley Black & Decker's offer of $1.2bn (£753m) is roughly 25% more than Securitas' earlier offer of $910m (£571m). Securitas, which spun off from Niscayah in 2006 and moved to repurchase the company earlier this year, is now likely to make a counterbid.
2 minute read

International Edition

Clydes to launch in Toronto and Montreal with Canada merger

Clyde & Co has sealed a merger deal with Canada's Nicholl Paskell-Mede (NPM) following a vote at the firm's partner conference last weekend. The move, which will mark Clydes' first presence in the country, will take effect on 1 September this year, when the Canadian insurance boutique's offices in Montreal and Toronto will rebrand as Clyde & Co.
2 minute read

International Edition

Kirkland and White & Case lead on £2.1bn Euro private equity deal

Kirkland & Ellis and White & Case have won lead roles on Swedish private equity firm EQT's £2.1bn sale of European alarm and security company Securitas Direct, reports The Am Law Daily. A Kirkland team led by London corporate partners Ross Allardice, James Learner and Sam Pakbaz is advising the buyers' consortium, which comprises private equity houses Bain Capital and Hellman & Friedman.
2 minute read

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