The firm is acting for Nomura on the implementation of the acquisitions and on the legal aspects of the integration of the two businesses.
Freshfields’ role means that three firms are now advising Nomura on the acquisitions, which are expected to save thousands of jobs at the fallen investment bank. As previously reported by Legal Week, a team of lawyers from Skadden Arps Slate Meagher & Flom in Hong Kong and
Ashurst is advising Lehman’s European investment banking division on the takeover by Nomura, with Linklaters advising PricewaterhouseCoopers as European administrator and KPMG as Lehman’s Asian administrator.
Linklaters has landed a stream of instructions for banks in the wake of Lehman’s spectacular collapse. In addition to its roles for the Lehman administrators, the magic circle firm is also acting for Lloyds on its £12.2bn takeover of stricken
Meanwhile in the US, Sullivan & Cromwell and Los Angeles’ firm Munger Tolles & Olson are advising on billionaire investor and Berkshire Hathaway chairman Warren Buffett's $5bn (£2.7bn) acquisition of a stake in Goldman Sachs.
Munger Tolles corporate partner Robert Denham has the lead role for Buffett and
Sullivan, through chairman Rodgin Cohen, has also been advising Goldman on its recently announced conversion from an investment bank to a bank holding company.
Advisers to Nomura
- Skadden Arps Slate Meagher & Flom
- Freshfields Bruckhaus Deringer
- Osborne Clarke (employment)
Advisers to Lehman’s European investment banking division
- Ashurst
Advisers to Lehman’s European administrators PricewaterhouseCoopers
- Linklaters
Advisers to Lehman’s Asian administrators KPMG
- Linklaters
