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International Edition

Ex-O'Melveny partner to head Euro legal team for buyout giant Apollo

US buyout house Apollo Global Management has hired former O'Melveny & Myers private equity partner Paul Loynes as its first-ever European head of legal. Loynes, who left O'Melveny's London office in October last year having made partner in 2006, will be based in London but will report to global chief counsel John Suydam in New York. During his time with O'Melveny he spent one year on secondment to the US law firm's New York office.
2 minute read

International Edition

Holman Fenwick recruits Edwards Angell duo for City corporate practice

Holman Fenwick Willan has grown its City corporate insurance arm with the hire of two partners from the London office of Edwards Angell Palmer & Dodge. Richard Spiller and Ashwani Kochhar joined Holman Fenwick as partners on 1 February 2011 from the City office of the Boston law firm. Spiller was co-chair of the UK regulatory and transactional practice at Edwards Angell and specialises in non-contentious insurance matters including transactions and regulation.
2 minute read

International Edition

Addleshaws and Herbert Smith win roles on JD Sports' JJB takeover bid

Addleshaw Goddard and Herbert Smith have picked up lead roles as UK retail giant JD Sports considers a takeover of troubled rival JJB Sports. Herbert Smith is advising JJB in relation to both the preliminary discussions with JD Sports, as well as a £31.5m capital raising confirmed earlier today (2 February). The top 10 City firm's team is being led by corporate partner Will Pearce and also includes corporate partner Gareth Roberts and finance partners Kevin Pullen and Ewen Ferguson.
2 minute read

International Edition

Linklaters leads as E.ON closes in on $5.6bn sale of UK network

City firms including Linklaters have picked up advisory roles as E.ON prepares to sell its UK power networks. Linklaters is advising German utility company E.ON, a longstanding client of the firm, on the sale. London corporate partner Matthew Middleditch is leading a Linklaters team that also includes fellow corporate partner Roger Barron.
2 minute read

International Edition

K&L Gates launches in Brussels with hire of McDermott partner duo

K&L Gates is opening a new office in Brussels today (1 February) as the US firm continues to expand its presence in Europe. The firm has recruited two partners from US rival McDermott Will & Emery to launch the new base. Brussels-based duo Philip Torbol and Patrice Corbiau have been handed a remit to build up the firm's offering in the Belgian capital, although the specific number of laterals the firm plans to recruit is as yet unconfirmed. The new office opening is a part of the US firm's aggressive expansion strategy for Europe. The firm has launched six European offices in rapid succession, with a London base opened in 2005, Paris in 2008, Frankfurt in 2009, and Moscow and Warsaw in 2010.
2 minute read

International Edition

Linklaters secures lead role for Carlyle on £450m buyout

Linklaters has secured a lead corporate role for The Carlyle Group on the buyout giant's £450m acquisition of Integrated Dental Holdings (IDH). The City law firm was instructed to advise Carlyle on the acquisition of IDH from the buyout division of Bank of America Merrill Lynch. Linklaters fielded a team under private equity head Ian Bagshaw, finance partner Brian Gray and competition specialist Nicole Kar.
2 minute read

International Edition

Howrey and Winston & Strawn in discussions over potential tie-up

Howrey and Winston & Strawn are currently in talks about a potential merger deal, it has emerged today (26 January). Winston, which is based in Chicago and has 13 offices around the world, is understood to have approached Howrey a number of weeks ago with a view to either merging or taking on a significant number of partners from the intellectual property (IP) specialist firm.
2 minute read

International Edition

Eversheds partner duo depart to launch Newcastle corporate boutique

Eversheds is set to lose one of its best-known lawyers in the northeast as Ian Gilthorpe prepares to launch his own law firm. Gilthorpe is due to leave Eversheds' Newcastle office in the coming months to launch a local boutique which will primarily act for local corporates and high net worth individuals.
2 minute read

International Edition

Russia and Ukraine: The bear in mind

International firms are showing renewed interest in Russia with the proposed sell-off of state assets, the World Cup and the 2012 Winter Olympics generating a slew of mandates. Suzanna Ring reports on what's to come for the region's legal market Russia is never far off the business agenda, but after a torrid couple of years it is fair to say that many Anglo Saxon firms had scaled back their efforts in the region - albeit a temporary pause rather than a ceasefire.
7 minute read

International Edition

Russia and Ukraine: Happily single?

It was a grim morning in November 2008 when Andrey Goltsblat, managing partner of leading Russian law firm Pepeliaev Goltsblat & Partners (PGP), set out for one of the most difficult meetings of his 20-year career. Moscow was already deep in the grip of winter, the streets buried beneath inches of snow. But it wasn't the weather that troubled Goltsblat as he arrived at the firm's premises and headed to the office he shared with Sergey Pepeliaev, the firm's senior partner. Goltsblat had a dramatic announcement to make: he was leaving the business they'd spent the last two decades building together. And he was taking half the firm with him. Neither man will talk about exactly what was said in that meeting - Pepeliaev would only describe his reaction as "appropriate" - but it's safe to say that Goltsblat's news didn't go down well. In one fell swoop, nine partners and a full 70 lawyers - PGP's entire corporate practice and the firm's heads of real estate, dispute resolution and employment - left to join UK firm Berwin Leighton Paisner (BLP).
19 minute read

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