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Trio of firms in dispute over Lehman bankruptcy fees cut
Three US law firms are in a dispute over fees on the mammoth US bankruptcy of Lehman Brothers - which has already generated $300m (£200m) in legal costs - after their fees were reduced by marginal amounts, writes The Am Law Daily The fees dispute ...
18 Mar 2010 | 17:21
In your interest
With the UK Base Rate currently set at 50 basis points (bps) and one year sterling London Inter-bank Offered Rate (LIBOR) at a historic low of 1.25%, it is unlikely that interest rates can fall much further.
18 Mar 2010 | 00:01
JP Morgan appoints former Napster general counsel as new legal chief
JP Morgan Chase & Co Investment Bank has named Jonathan Schwartz as its new top lawyer, reports Corporate Counsel. Schwartz, the former executive vice president and general counsel of Cablevision Systems, joined JP Morgan as general counsel of its ...
17 Mar 2010 | 13:55
CC and Norton Rose lead on $400m refinancing of mining company
Clifford Chance (CC) and Norton Rose have advised on a $400m (£265m) refinancing for international mining company Equinox Minerals. The Toronto and Australia-listed company will use the senior and subordinated loan facility to refinance existing d...
17 Mar 2010 | 11:29
Unwanted attention: Linklaters takes headline role in Lehman report
For our purposes, the highlight of the 2,200-page report released last Thursday (11 March) examining the demise of Lehman Brothers starts at around page 700, when the examiner, Jenner & Block chair Anton Valukas, delves into the accounting tricks Lehm...
15 Mar 2010 | 12:04
Linklaters opinion letter at centre of Lehman funding controversy
Linklaters has been embroiled in a fresh controversy over the collapse of Lehman Brothers after a new report revealed that the bank relied on an opinion letter from the firm for a transaction that flattered its financial strength. A report publishe...
12 Mar 2010 | 13:37
Norton Rose adds partner in Frankfurt with Freshfields hire
Norton Rose has bulked up its Frankfurt office with the addition of a new partner from Freshfields Bruckhaus Deringer. Oliver Sutter, who was of counsel at Freshfields, joined the Norton Rose partnership in the firm's banking practice on 1 March.
12 Mar 2010 | 13:11
Norton Rose adds partner quartet in Australia
Norton Rose has bulked up its Australia presence with the addition of four new partners. The partner hires, which are split between Sydney, Brisbane and Perth, come after the firm's merger with Australian firm Deacons went live at the start of this...
11 Mar 2010 | 12:49
DMH Stallard adds former Freshfields finance chief to partnership
Former Freshfields Bruckhaus Deringer and Weil Gotshal & Manges finance partners Perry Noble and Stuart Hills have joined the partnership at DMH Stallard. Noble has become a partner in the corporate team, having initially joined the London and sout...
10 Mar 2010 | 16:04
Linklaters names new Luxembourg chief
Linklaters has elected a new Luxembourg managing partner, replacing the three current co-heads of the office. Freddy Brausch will take on the role as of 15 March for a four-year term. replacing banking and capital markets partner Patrick Geortay, i...
10 Mar 2010 | 15:55
Norton Rose and Lovells gear up with roles on £340m Jaguar loan
Norton Rose and Lovells have taken lead roles on a £340m loan agreement for Jaguar Land Rover from the European Investment Bank (EIB). The loan has been granted to the car maker's parent company Tata Motors under the European Clean Transport Facil...
10 Mar 2010 | 12:02
BarCap appoints new legal chief as GC steps into front office role
Barclays Capital (BarCap) general counsel Jonathan Hughes has left his position to take on a predominantly non-legal front office role with the investment bank. Longstanding GC Hughes was replaced by Judith Shepherd, who took up the post last week ...
09 Mar 2010 | 11:54
Dechert signs up ex-CC partner for Munich arm
Dechert has recruited a partner from Clifford Chance (CC) in a boost for the firm's financial services and investment management group in Munich. Hans Stamm joined Dechert this week (1 March) after leaving CC on 31 December. Stamm has been a par...
03 Mar 2010 | 13:42
RBS appoints new GC as long-serving legal chief announces retirement
Royal Bank of Scotland (RBS) group general counsel and group secretary Miller McLean is to retire at the end of April, it was announced today (25 February). McLean's deputy group general counsel Chris Campbell, who has been at RBS since 2005, will ...
25 Feb 2010 | 10:48
Nabarro takes debut role for new client Nationwide on £60m PFI
Nabarro has advised Nationwide for the first time since being appointed to the building society's panel in July last year. The firm has advised Nationwide in its capacity as sole lender on a £60m private finance initiative (PFI) in order to develo...
25 Feb 2010 | 00:01
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