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Mergers & Acquisitions
Keen legal insight on the world of business mergers and acquisition
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Skadden hires Latham HK partner in rare lateral move
By Legal Week | June 12, 2009
Skadden Arps Slate Meagher & Flom has recruited Hong Kong corporate partner Julie Gao from Latham & Watkins. Gao, who joined Latham straight out of law school in 1998 and was promoted to partner in 2006, was regarded as an up-and-comer in Latham's Asia practice, focusing on M&A and capital markets transactions.
1 minute read
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Macfarlanes set to cut 15 jobs in second consultation
By Legal Week | June 11, 2009
Macfarlanes has launched a second redundancy consultation with 15 jobs under threat. The consultation, which began yesterday (10 June), is set to affect 14 support staff including secretaries, as well as one professional support lawyer. The bulk of those facing the axe will come from corporate and central resources. Macfarlanes senior partner Charles Martin told Legal Week: "Regrettably this process has happened, principally as a result of market conditions. It also comes with changes to our working practices where secretaries cover more fee earners."
1 minute read
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Mergers on the agenda as firms size up recession opportunities
By Legal Week | June 11, 2009
The City could be set for a wave of merger discussions, with Wragge & Co joining firms such as Denton Wilde Sapte in confirming that it is open to a tie-up with another firm. The Birmingham heavyweight said it would consider a union to boost its presence in London and through this internationally, but stressed that it is not actively pursuing a merger.
1 minute read
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Lovells corporate head Ashworth departs to pursue portfolio career
By Legal Week | June 11, 2009
Lovells head of corporate finance Chris Ashworth is to leave the law firm after little more than a year. Ashworth joined Lovells from the London arm of O'Melveny & Myers in May last year and is set to leave the top 10 City law firm in the autumn.
1 minute read
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CC, Freshfields and Shearman line up on Barclays stake sale
By Legal Week | June 10, 2009
Clifford Chance (CC), Freshfields Bruckhaus Deringer and Shearman & Sterling have taken the lead roles on the high-profile sale of a stake in Barclays.
1 minute read
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Northern Ireland: 12 months of strife, but things are looking up
By Legal Week | June 10, 2009
Twelve months ago I wrote an article in these pages attempting to predict how Northern Ireland's (NI) law firms would fare in the short and medium term. My conclusion was that initially there would be a levelling out of growth but mid-term well-balanced firms should continue to be able to grow. So, how have we done and how far off the mark was I?
1 minute read
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McGrigors boosts City offering with hire of Eversheds corporate finance specialist
By Legal Week | June 10, 2009
McGrigors has expanded its City arm with the hire of Eversheds corporate partner Carsten Rumberg.
1 minute read
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True blue
By Legal Week | June 10, 2009
Currently, in the legal world, I am a corporate partner at City law firm SJ Berwin. In the political world, I am a shadow minister for the Department of Business, Enterprise and Regulatory Reform (BERR), and also shadow Solicitor General.
1 minute read
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Nomura completes in-house revamp in wake of Lehman takeover
By Legal Week | June 10, 2009
Japanese banking giant Nomura has completed an overhaul of its in-house legal team following last year's takeover of Lehman Brothers' European and Middle Eastern equities and investment banking businesses. The combined legal department is to be overseen by European general counsels Mark Chapman and Piers Le Marchant, who was previously managing director of legal at Lehman.
1 minute read
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Davis Polk to close Frankfurt office as local chief steps down
By Mark Goddard | June 9, 2009
Davis Polk & Wardwell has opted to close its Frankfurt office when resident partner Patrick Kenadjian retires at the end of August, reports The Am Law Daily. Kenadjian informed the firm earlier this spring that he intended to retire at the end of this year. In the meantime, the office's designated successor, London-based partner Harald Halbhuber, decided to leave the firm for personal reasons, according to managing partner John Ettinger. The Frankfurt office, which was launched in 1991, has long focused on cross-border securities and M&A work. In January, Kenadjian headed a team advising Oesterreichische Kontrollbank on its offering of $1.25bn (£770m) in global notes.
1 minute read
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