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International Edition

Dentons and Squire Sanders mull over transatlantic tie-up

Squire Sanders & Dempsey has held merger discussions with Denton Wilde Sapte, it has emerged, as the top 100 US law firm continues its search for a transatlantic tie-up. The two firms have held discussions regarding a merger at management level with expectations a deal could be put together this autumn if the talks proceed well. The proposed union has not yet been generally discussed at partner level within Dentons, as the talks are at relatively early stages. Dentons has been looking to broaden its coverage in emerging markets while Squire Sanders is looking to widen its UK and European capabilities.
3 minute read

International Edition

SJB, Oppenhoff hire German magic circle partners

SJ Berwin has expanded its German corporate practice with the hire of a capital markets partner from Clifford Chance (CC). Dietmar Anders joined SJ Berwin's Frankfurt arm earlier this week (1 June). The hire comes a month after the top 20 UK law firm saw the departure of local corporate head Michael Roos, who left to set up his own practice.
2 minute read

International Edition

Elite firms take lead roles on Rio's $15bn rights issue and BHP JV

Linklaters, Slaughter and May and Herbert Smith have all advised on Rio Tinto's $15.2bn (£9.5bn) rights issue and joint venture with one-time merger partner BHP Billiton. The roles come in the wake of this week's collapse of Rio's $19.5bn (£12.1bn) deal with Chinese resource giant Chinalco, with Rio opting against a tie-up after shareholder concerns that the deal was not in the best interests of the mining company.
2 minute read

International Edition

Field Fisher names new senior partner after election

Field Fisher Waterhouse has named corporate partner Nicholas Thompsell as its new senior partner following a contested election. Thompsell saw off competition from dispute resolution partner Stephen Gibbs to replace Jon Fife in the role.
2 minute read

International Edition

Dorsey boosts City corporate arm with hire of Addleshaws partner

Dorsey & Whitney has bolstered its City corporate practice with the hire of Addleshaw Goddard partner Matthew Doughty. Doughty, who is set to start at the US firm's London office later this month as a partner in the corporate team, joins the Minneapolis-headquartered firm after only two years with Addleshaws. He previously worked in the London office of O'Melveny & Myers.
2 minute read

International Edition

Eversheds extends arms to Mauritius and Albania

Eversheds has expanded its international presence into Mauritius and Albania after adding two new offices to its Eversheds International network. The firm has opened an office in Mauritius, through South African Eversheds International member firm Routledge Modise, and an office in Albania through Italian arm Eversheds Piergrossi Bianchini.
2 minute read

International Edition

Career Clinic: Has the crunch killed the corporate jobs market?

"I am a mid-level corporate/commercial lawyer at a good Australian firm, but I want to move to the UK, mainly for personal reasons but also to give my career a push along. All the news I read is that the bigger firms are in retrenchment mode, and not hiring, but has the entire corporate sector dried up? I suspect, but don't know, that even in a recession there must be work for commercial lawyers with good training and academics..?"
1 minute read

International Edition

Shearman in top gear on GM's Hummer sell-off

Shearman & Sterling has won a lead role on the acquisition of General Motors' Hummer brand by a Chinese industrial manufacturer. Shearman advised China's Sichuan Tengzhong Heavy Industrial Machinery (Tengzhong) on its purchase, in a deal reportedly worth up to $250m (£151m).
2 minute read

International Edition

Shearman leads on €3bn Danone rights issue

Shearman & Sterling and Bredin Prat have taken lead roles on French dairy and water company Danone's €3bn (£2.6bn) rights issue. The company, whose flagship products include Evian, Activia and Actimel, launched a public offering in France and Switzerland yesterday (1 June) accompanied by an international private placement in a bid to reduce its debt.
2 minute read

International Edition

A&O hires Venture Law team to go it alone in Singapore

Allen & Overy (A&O) has launched a standalone Singapore office after recruiting all lawyers at White & Case's former joint venture (JV) firm, Venture Law. It is understood that the magic circle law firm broke off its own JV with Singapore practice Shook Lin & Bok around a month ago. The two firms had been in a formal alliance since 2000.
2 minute read

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