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International Edition

Covington signs up four partners for London base with MoFo team hire

Covington & Burling has added four partners to its City life sciences practice with the hire of a team from Morrison & Foerster (MoFo). The team includes MoFo's City corporate head Paul Claydon as well as London partners Natalie Diep, James Gubbins and James Halstead. The team's start date is still being negotiated, but they are expected to join in the next couple of weeks.
2 minute read

International Edition

SNR Denton sweats out deal for Virgin Active on Esporta takeover

SNR Denton has taken a lead role alongside a raft of City firms on Societe Generale's £78m disposal of Esporta to rival gym chain Virgin Active. The transatlantic firm advised Virgin Active, which is majority-owned by Sir Richard Branson, on the deal which sees Virgin acquire 55 Esporta gyms.
2 minute read

International Edition

Hunton faces raft of exits in London after office refocus

Hunton & Williams is set to see lawyer headcount in its London office shrink by almost 50% between the middle of April and the end of May, following a strategic refocusing. The US firm's City base, which had 36 lawyers last month, is set to be left with around 20 following a series of exits including five partners departing for rival US firms.
2 minute read

International Edition

There's something about Canada – but are the country's law firms ready for international mergers?

Every summer, rodeo fans flock to Calgary for the city's annual Stampede. This year they may be joined by a posse of managing partners from Am Law 100 and other international law firms looking to rope in a merger partner. Top of the list of likely candidates are DLA Piper and Clyde & Co, both of which are currently in talks with Canadian firms about prospective tie-ups.
5 minute read

International Edition

Magic circle trio among firms acting on Volkswagen's $19bn MAN bid

Linklaters, Clifford Chance (CC) and Allen & Overy (A&O) have landed roles on Volkswagen's potential $19bn (£11.5bn) takeover of German truck and bus manufacturer MAN, reports The Am Law Daily. Volkswagen has increased its stake in MAN from 29.9% to 30.47%, and under German takeover law, this requires Volkswagen to make a mandatory offer for the remaining shares of MAN it does not already own.
2 minute read

International Edition

Five US law firms line up on Microsoft's $8.5bn Skype purchase

A raft of US law firms have won roles on Microsoft's $8.5bn (£5.2bn) acquisition of Skype Global, the internet voice and video chat service, reports The Am Law Daily. The all-cash deal - Microsoft's largest acquisition ever - will give the software giant a leading communications brand to partner with its other products such as Outlook, Lync, and Xbox LIVE.
2 minute read

International Edition

DWF seals Dickinson Dees partner hire and private client boutique takeover

DWF has recruited Dickinson Dees partner John Flynn and completed the acquisition of Manchester private client boutique Lane-Smith & Shindler. Corporate partner Flynn, who will join DWF in Newcastle, was in the running to take over as senior partner at Dickinson Dees last year but lost to John Marshall, who succeeded Robin Bloom in April.
2 minute read

International Edition

Simpson Thacher associate lands new Euro general counsel role at Bain Capital

Bain Capital has hired its first-ever European general counsel, with the US buyout house appointing Simpson Thacher & Bartlett London corporate associate Bart Gombert to the role. Gombert, who is due to join Bain in London later this month (16 May), has been hired with a remit to oversee Bain's legal function across Europe, the Middle East and Africa, as the organisation expands its interests outside the US.
2 minute read

International Edition

Picking up new business - is the Nordic legal market on the verge of substantial change?

The fragmented Nordic legal market is potentially on the verge of substantial change. Unlike in many legal markets globally, the force of change appears to be coming from two ambitious local players, Finnish firms Roschier and Hannes Snellman, which have embarked on a pan-Nordic expansion. Both firms have opened offices in Stockholm in recent years, which has placed them in head-to-head competition with Sweden's biggest firms, Mannheimer Swartling and Vinge. Hannes Snellman has also opened in Copenhagen, dominated by local Danish firms, of which the largest is Kromann Reumert.
8 minute read

International Edition

Macfarlanes appoints Meek as firm's new head of corporate

Macfarlanes has appointed a new head of corporate, with Charles Meek taking up the role from 1 May. Meek has replaced Kevin Tuffnell in the post and has been appointed for a three-year term.
2 minute read

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