Shell’s legal team has been revamped by its global GC Peter Rees QC. In our exclusive interview, read what he’s done – and find out how litigation has been key to his plans. For more GC interviews, click on the links below. Shell: taking the power back In-house interview: Network solution The in-house interview: Blue-sky […]
Allen & Overy has advised BNP Paribas in connection with a capital increase of around €100m (£85m) executed by AIXTRON. The capital increase is to be effected through private placement by means of an accelerated bookbuilding process. AIXTRON will issue 10,223,133 new shares from the authorised capital to international institutional investors at a price of […]
Allen & Overy has advised the syndicate of banks led by Credit Suisse (as global co-ordinator) on the successful initial public offering (IPO) by Cembra Money Bank, formerly known as GE Money Bank AG, on the SIX Swiss Exchange. The offering was heavily oversubscribed due to strong demand from private and institutional investors in Switzerland […]
King & Wood Mallesons’ merger with UK firm SJ Berwin took effect last Friday (1 November 2013) with a bang. Although its four Swiss Verein members, Australia, China, Hong Kong and Europe, are financially independent, the enlarged firm unveiled its new global governance structure to ensure integration. The tie-up is significant. King & Wood Mallesons […]
The news that the AA has become the latest in a string of high street companies to jump on the ABS bandwagon proves that insurer appetite for ABS makeovers shows no sign of abating. A number of insurers have stepped into the legal services market this year. They include Admiral, which formed a partnership with […]
Criminal law specialists predict the profession will back a vote of no confidence in the Law Society’s leadership over lobbying efforts around government plans to slash legal aid rates. The chairman of the Criminal Law Solicitors Association (CLSA) anticipated specialist practitioners “will be in favour” of the motion, although he declined at this stage to […]
China’s Ministry of Commerce has established two sub panels for legal services in relation to trade investigations. The latest sub-panels were formed two weeks after the government body launched its first formal panel (24 October 2013). Through public competitive bidding procedures, conducted by procurement agent CMC International Tendering Company on behalf of the Ministry of […]
DLA Piper has taken a high yield and leveraged finance partner from Clifford Chance’s London office as both firms push for more firepower in their high-yield teams. Tony Lopez has moved over to DLA Piper’s 32-strong finance and project team, leaving Clifford Chance as it continues trying to boost its high-yield practice. The firm is […]
Herbert Smith Freehills (HSF) environmental partner Louise Moore has quit the firm to rejoin Hogan Lovells. The move was announced in an internal email this morning, informing partners that Moore will rejoin the London office in early 2014. She has been a partner with HSF since 2007, after joining Hogan Lovells as a trainee in […]
Ashurst partners have voted for a raft of new board members, as the firm continues its push towards post-merger integration. The firm’s new 14-member board consists of partners from both Ashurst LLP and former Ashurst Australia. The board’s four elected legacy Ashurst LLP partners include new faces London-based corporate partner Simon Beddow and City banking […]
The CRC Energy Efficiency Scheme Order 2013 recently came into force with the intention of simplifying the Carbon Reduction Commitment Energy Efficiency Scheme (CRC). Among the changes is one that is particularly likely to be of interest to the private equity community, namely a relaxation of the rules regarding the participation of private sector groups […]
The Takeover Code applies to all offers for companies registered in the UK, the Channel Islands or the Isle of Man whose securities are traded on a regulated market in the UK or on any stock exchange in the Channel Islands or the Isle of Man. Consequently, for example, all companies registered in the UK, […]