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International Edition

Lovells and Hogan & Hartson size up high-stakes transatlantic merger

Lovells and Hogan & Hartson are in the early stages of merger talks, Legal Week can reveal, with the firms' management teams currently assessing the case for a transformative union. Lovells is to discuss the proposed tie-up with the top 25 US law firm at a meeting of its international executive on 28 October. A deal would create a top 10 global practice in revenue terms.
3 minute read

International Edition

Links and Freshfields dominate Euro M&A but activity hits six-year low

Linklaters and Freshfields Bruckhaus Deringer have dominated the battered European M&A markets over the first three quarters of 2009. Research from Mergermarket exclusively provided to Legal Week shows Freshfields topping the European rankings by value after working on 105 deals worth $127.9bn (£80bn). Linklaters tops the volume rankings and comes second by value, with roles on 116 deals worth $111.4bn (£70bn) in Europe.
3 minute read

International Edition

Corporate partner Djanogly quits SJ Berwin to focus on political ambitions

SJ Berwin has lost longstanding corporate partner Jonathan Djanogly, who has left the top 20 firm to focus on his political career. Djanogly, who is the Conservative MP for Huntingdon and the shadow solicitor general, retired from the partnership in July and officially left the UK limited liability partnership (LLP) in August - making him one of six partners to leave the LLP in the last two months.
2 minute read

International Edition

Ashurst grows Abu Dhabi presence with corporate partner transfer

Ashurst has added a partner to its Abu Dhabi base with the relocation of City corporate specialist Nick Williamson. Williamson joined the top 10 UK firm's Middle East practice last month, becoming the third partner in Abu Dhabi alongside projects partner and office head David Wadham and real estate partner Matthew Hooton.
2 minute read

International Edition

Four firms score lead roles on latest Portsmouth FC buyout

A raft of City firms have scored roles advising on the sale of a majority stake in Portsmouth Football Club. Mayer Brown, Denton Wilde Sapte, Berwin Leighton Paisner and Taylor Wessing have all advised on Sulaiman Al Fahim's sale of a 90% stake in the football club to Saudi businessman Ali Al-Faraj.
2 minute read

International Edition

Orrick and Taylor Wessing sign up Clifford Chance partner trio

Orrick Herrington & Sutcliffe and Taylor Wessing have boosted their European practices with Clifford Chance (CC) partner hires. Orrick's French base, Orrick Rambaud Martel, has added former CC Paris partner Diane de Mouy as a partner in its finance team. Her practice focuses on infrastructure finance, asset finance and debt restructuring.
2 minute read

International Edition

Freshfields, Cleary and Salans head up $1.6bn Russian energy deal

A trio of international law firms have won roles on a $1.6bn (£1.0bn) Russian energy deal as Gazprom moves to grow its share of the market. Cleary Gottlieb Steen & Hamilton has advised Gazprom on the deal, which closed last week (23 September) and saw the Russian energy giant buy a 51% stake in SeverEnergia from Italian utility companies Enel and Eni.
2 minute read

International Edition

Freshfields and Bakers advise long-term clients on $7.1bn pharma buyout

Freshfields Bruckhaus Deringer and Baker & McKenzie have taken lead roles on Abbott Laboratories' $7.1bn (£4.5bn) acquisition of pharma company Solvay's drug unit, reports The Am Law Daily. Solvay turned to a team from Freshfields led by corporate partners Geert Verhoeven in Brussels and Timothy Wilkins in New York.
2 minute read

International Edition

Simpson Thacher and Cravath head up $6.4bn Xerox acquisition

A trio of US law firms have won roles on Xerox's $6.4bn (£4bn) purchase of business process outsourcing company Affiliated Computer Services (ACS). The deal, announced today (28 September), will see the US photocopier giant purchase ACS, handing roles to Cravath Swaine & Moore, Simpson Thacher & Bartlett and Ropes & Gray.
2 minute read

International Edition

Slaughters and Freshfields lead on Unilever's €1.3bn Sara Lee bid

Slaughter and May and Freshfields Bruckhaus Deringer have won key roles on Unilever's €1.275bn (£1.17bn) bid for the personal care division of Sara Lee. The deal, expected to close next year, will see Unilever aqcuire well-known brands such as Radox and Brylcreem
2 minute read

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