NEXT
Sign in to follow

International Edition

Freshfields, Simmons head up €2bn sale of German publishing company

Freshfields Bruckhaus Deringer and Simmons & Simmons have both won lead roles on the sale of Springer Science+Business Media, a deal understood to be worth up to €2.2bn (£2bn). Springer was advised by Freshfields on the sale, announced today (11 December), which sees Swedish private equity fund EQT and the Singapore Government's GIC fund acquire the German publishing company. City-based private equity partner David Sonter led the magic circle firm's team.
2 minute read

International Edition

Dewey leads on $1.2bn drinks company buyout

Dewey & LeBoeuf has fielded a large cross-border team advising drinks company CEDC on its $1.2bn (£736m) high yield financing and equity acquisition of Russian Alcohol Group (RAG). After entering into a joint venture agreement with vodka producer RAG in spring 2008, CEDC has now agreed to buy out RAG via a $310m (£191m) US stock offering and a $950m (£583m) dual offering of euro and dollar senior secured high yield notes.
2 minute read

International Edition

Norton Rose phases out City MP role in post-Deacons line-up

Norton Rose is to phase out its London managing partner position as the firm finalises its combined management team ahead of its January merger with Deacons. The top 10 City firm has opted to ditch its separate London head position when the merger goes live on 1 January, with current managing partner Deirdre Walker to take up a new role as head of a combined practice group covering dispute resolution, employment, tax, incentives, anti-trust, competition and regulation.
2 minute read

International Edition

Lovells and Hogan open partnership vote on transatlantic merger

Lovells and Hogan & Hartson partners have begun voting on the transatlantic merger due to go live in May 2010. The vote will pave the way for partners at both firms to see a number of changes to their terms, with Lovells partners set to benefit from the removal of a mandatory retirement age, while Hogan US partners are expected to formally gain set holiday entitlement.
2 minute read

International Edition

Kirkland names private equity specialist as new chairman

Kirkland & Ellis has appointed corporate lawyer Jeffrey Hammes as the new chair of the firm's 15-lawyer management committee, reports The Am Law Daily. Private equity specialist Hammes will replace Washington DC-based litigator Thomas Yannucci, who has held the position since 2001.
2 minute read

International Edition

City trio take headline roles on biggest UK buyout of the year

Allen & Overy (A&O), Travers Smith and Ashurst have all picked up roles on the biggest buyout in the UK for more than a year. Apax is set to purchase pharmaceutical support company Marken for a reported £975m from Intermediate Capital Group (ICG), with the deal expected to close in early 2010.
2 minute read

International Edition

Addleshaws senior partner set to step down after 12 years at the top

Addleshaw Goddard senior partner Paul Lee has announced that he is to step down at the end of his current term. Lee told the firm today (8 December) that intends to step down at the end of April after 12 years at the firm's helm.
2 minute read

International Edition

Quartet lead on £136m dental company buyout

Dundas & Wilson, Slaughter and May, Allen & Overy (A&O) and Wragge & Co have advised on the £136m management buyout (MBO) of Associated Dental Practices (ADP). Big four Scots firm Dundas advised ADP chief executive Bharat Patel and management on the MBO, which closed last week (30 November).
1 minute read

International Edition

M&A team of the year

The judges agreed that Freshfields' work advising Nomura on the acquisition of Lehman Brother's European, Middle East and Asian arms was the standout deal of 2009. If ever a deal was designed to test the mettle of an international law firm, this was surely it. In all, 17 of Freshfields' offices worked on the deal while the firm also co-ordinated the instruction of external counsel in another 13 jurisdictions. This all took place at the height of the credit crunch-induced financial market turmoil. The need to act quickly and decisively was an essential feature of this deal.
2 minute read

International Edition

Greenberg expands City securities team with SJ Berwin partner hire

Greenberg Traurig Maher (GTM) has bolstered its City headcount to 15 partners with the hire of a corporate and securities partner from SJ Berwin. Laura O'Neill will join the US firm in the New Year after four years as a partner with SJ Berwin, which she joined from Clifford Chance in 2005.
2 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • International Export and Trade Assistance State Law Survey

    Brought to you by LexisNexis®

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now

  • The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation

    Brought to you by Erase.com

    Download Now

  • Leveraging Technology to Improve Employee Engagement and Client Satisfaction

    Brought to you by CARET Legal

    Download Now