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International Edition

Eversheds ramps up Middle East presence with merger deal

Eversheds has merged with Middle Eastern law consortium KSLG, handing the firm new bases in Iraq, Jordan, Saudi Arabia and Dubai. The consortium, which comprises Dhabaan & Partners, Khasawneh & Associates and Sanad Law Group, has offices in Amman, Baghdad, Riyadh and Dubai. The merger, which went live today (25 May), follows a six-year working relationship between Eversheds and KSLG.
2 minute read

International Edition

Hogan Lovells and Travers act on multimillion-pound Jimmy Choo purchase

Hogan Lovells has taken a lead role on a high-profile deal in the fashion industry which has seen exclusive shoe brand Jimmy Choo sold to a family-run holding company. The value of the deal - which saw Labelux fight off competition from private equity group TPG Capital to secure the acquisition - has not been announced, but has been reported at more than £500m.
2 minute read

International Edition

OC, Bakers and Skadden head up $975m Motorola-Nokia deal

Osborne Clarke has taken a role alongside a number of US firms on Motorola's $975m (£600m) sale of assets to Nokia Siemens Networks (NSN). The deal, which was announced in July 2010 and completed on 30 April 2011, sees NSN take responsibility for supporting 50 of the mobile phone giant's network operators across 52 countries, as well as approximately 6,900 employees.
2 minute read

International Edition

Simmons and Taylor Wessing head up HMV's £53m Waterstone's sale

Simmons & Simmons and Taylor Wessing have taken headline roles on the £53m sale of the Waterstone's book chain by struggling music retailer HMV. Simmons took the lead role for the seller, fielding a team led by City M&A partner Giles Dennison, while Taylor Wessing acted for buyer A&NN Capital Fund Management, led by London corporate finance partner Tim Stocks. The deal marks a first-time appointment for Taylor Wessing and comes on the back of a market recommendation, while Simmons is a longstanding adviser to HMV.
2 minute read

International Edition

Freshfields and Camerons lead on €9.6bn pharma acquisition

Freshfields Bruckhaus Deringer and CMS Cameron McKenna have advised on the largest European private equity deal since before the global financial crisis, worth €9.6bn (£8.4bn). The two law firms have advised as Japanese pharma company Takeda makes a move into the European market with the debt-free purchase of Swiss-based drug-maker Nycomed from its private equity owners.
3 minute read

International Edition

SJ Berwin joins firms to help resurrect AllSaints' fortunes

SJ Berwin has joined a number of law firms advising on the private equity rescue of troubled London fashion chain AllSaints Spitalfields. The top-20 City law firm secured the mandate to advise the buyers – Lion Capital and Goode Partners – on their acquisition of the retailer from failed Icelandic banks Kaupthing and Glitnir, which had put their stakes up for sale.
2 minute read

International Edition

Vodafone puts advisers on alert with plans to cut panel

Mobile phone giant Vodafone has kicked off a review of its global and UK legal advisers, with the overhaul marking the first time the UK panel has been updated in six years. The review will cover the external law firms advising mobile operator Vodafone UK as well as those advising Vodafone Group globally. It will not cover local mobile operators outside the UK.
2 minute read

International Edition

Nomura in senior UBS hire as Morgan Stanley names new EMEA GC

Nomura has hired UBS global co-general counsel David Graham to take up a new senior legal role in London. Graham will join Nomura this summer in the new role of head of legal and GC for the bank's global wholesale division.
2 minute read

International Edition

Eversheds Consulting plans growth after key client roles

Eversheds' nascent management consultancy arm has picked up work from around 14 of the law firm's key clients, including electronics company Tyco and chemicals firm DuPont, with the firm now looking to broaden its services beyond legal consulting. Eversheds Consulting, which launched in September last year, has advised both companies' in-house legal teams on various areas, including the organisation of their records.
2 minute read

International Edition

Bird & Bird gains six-lawyer team in Poland

Bird & Bird has bolstered its Central European banking and finance practice with the acquisition of a six-lawyer boutique in Poland. The team, which…
2 minute read

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