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International Edition

Clydes forms new India tie-up after partners split from best friends firm

Clyde & Co has ended its relationship with India best friend ALMT Legal and set up ties with a breakaway group of partners from the firm. Five partners have left ALMT to set up a new boutique, Clasis Law, with Clydes set to continue to operate in the region via a relationship with the new firm.
2 minute read

International Edition

Dewey rebuilds Frankfurt base with hire of Norton Rose team

Dewey & LeBoeuf is to strengthen its Frankfurt corporate finance practice with the hire of a three-lawyer team from Norton Rose. The team is headed by partner Jochen Terpitz, who specialises in the energy and infrastructure sectors, and also includes associates Katrin Vedder and Kevin Quennet.
2 minute read

International Edition

Allen & Overy strikes gold with role on $7.8bn mining takeover bid

Allen & Overy (A&O) is among five firms advising on the $7.8bn (£4.7bn) bid by Barrick Gold, the world's largest gold miner, for Equinox Minerals, reports The Am Law Daily. A&O and Canada's Osler Hoskin & Harcourt are advising Equinox on the transaction, which was approved on Monday (25 April) by the Australian and Canadian mining company's board. Perth partners Geoff Simpson and Meredith Campion are heading up the magic circle firm's team.
2 minute read

International Edition

McDermott hires Herbert Smith Paris corporate chief for new France base

McDermott Will & Emery is launching a new five-partner Paris office with the hire of Herbert Smith's Paris corporate head Jacques Buhart, reports The Am Law Daily. The office, which will formally open on 2 May, will be McDermott's seventh in Europe. Buhart expects the majority, "if not all," of his former clients to follow him to McDermott. Those clients include European travel group TUI, oil and gas giant TOTAL and Toyota Motor Corporation.
2 minute read

International Edition

Latin America

Baker & McKenzie sizes up the global M&A boom in Brazil; Norton Rose reviews Vale's listing in Hong Kong
1 minute read

International Edition

New regulation wreaks havoc on private equity houses' returns

The burden of regulatory compliance is causing "misery" for private equity houses, with associated legal and compliance costs eating into returns, according to Better Capital managing director Jon Moulton. Speaking at Legal Week's Private Equity Forum last week (13 April), Moulton said regulation such as the European Commission's Directive for Alternative Investment Fund Managers (AIFM), the forthcoming UK Bribery Act, the US' Dodd-Frank Act and carbon reporting requirements were causing undue problems for buyout houses.
3 minute read

International Edition

Herbert Smith names corporate partner to governance council

Herbert Smith has made a new appointment to its governing body, electing London corporate partner Alex Bafi to the firm's partnership council. Bafi was voted onto the council earlier this month and will replace corporate partner Gareth Roberts as one of four City-based partners elected to sit on the nine-partner committee. He will take up his new position on 1 May.
2 minute read

International Edition

Charles Russell and Slaughters lead as Bahamas privatises telecoms operator

Charles Russell and Slaughter and May have taken lead roles on the $210m (£128.5m) privatisation of the Bahamas' national telecommunications operator. The deal, completed on 6 April, will see the Bahamas Government sell a 51% interest in the Bahamas Telecommunications Company (BTC) to a wholly-owned subsidiary of Cable and Wireless Communications (CWC).
2 minute read

International Edition

Eastern exchange - Brazilian mining company Vale lists in Hong Kong

With Brazil's Vale listing in Hong Kong, will the region become a meaningful international listing destination for Latin American issuers? Thomas Vita and Julian Chung report
8 minute read

International Edition

The buys from Brazil - global M&A boom sparks demand for new legal services

A global M&A boom in South America's largest economy has sparked demand for new legal services. Claudia Farkouh Prado reports
8 minute read

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