Clifford Chance has been appointed as legal advisor to Rugby World Cup (RWCL) ahead of the 2015 competition, which is to be held in England. The mandate followed a competitive pitch process and means CC will advise the International Rugby Board (IRB) and its commercial affiliate RWCL in connection for the preparation and staging of the […]
Clifford Chance, Sullivan & Cromwell and Freshfields Bruckhaus Deringer have taken lead roles on Barclays’ bumper £5.8bn rights issue – the world’s largest rights issue by a bank since 2009. The cash call follows demand from the Bank of England’s Prudential Regulation Authority that Barclays find £12.8m to cushion the high street bank against potential […]
Shearman & Sterling has formed a cooperation agreement with Italian tax boutique Tremonti Vitali Romagnoli Piccardi e Associati in a bid to offer clients a more integrated service on tax advice. The two firms will remain independent but are planning to market and pitch jointly for projects and work together in other ways. Shearman has […]
Clifford Chance is boosting its Munich office with the relocation of a two-partner team to expand its advisory capabilities. M&A partner and head of corporate Germany Arndt Stengel and corporate partner Marc Holtorf will both make the move from their respective bases in Frankfurt and Düsseldor at the end of the year. Dr Stengel was […]
The total cost of the Cobbetts administration stands at £1.7m, a report by administrators KPMG reveals, with Pinsent Masons taking the bulk of a £352,289 legal bill. A special administrators’ report published last week by partners Mark Firmin, Brian Green and Howard Smith at KPMG details the fees related to the firm’s collapse between 6 […]
Manchester firm Gunnercooke has expanded its London base with the addition of four partners hires following a recruitment drive in the City. The four corporate partners include former K&L Gates partner Peter Davis; Alistair Crellin, who until 2010 was partner with Bird & Bird; partner Tim Drake from MJ Hudson and Matthew Searle who joins […]
Cadwalader Wickersham & Taft has ramped up its London asset-backed securitisation team with the hire of two partners from Mayer Brown into its global capital markets practice. The hire of US securitisation and structured finance partners Bruce Bloomingdale and Jeremiah Wagner from Mayer Brown’s London office comes a year after Cadwalader made an earlier raid […]
“A British bank is run with precision,” said Mr Banks, but Mary Poppins might need more than a spoonful of sugar to help this latest raft of banking news go down. Let’s start with Lloyds, seeing as the high street bank has snaffled more than its share of column inches in recent weeks. The bank’s […]
As photogenic pin-ups swagger through London for its bi-annual fashion week, US firms have been putting on their own quintessentially English show. Like pastel palettes, crepe dresses and embroidered motifs, London is in season, and not just on the catwalk. While the fashion paps and the flashbulbs might make you yawn, the week’s legal market […]
There are currently two scams being conducted utilising the Allen & Overy name. One is a telephone scam that originated in October 2012. This involves people purporting to be from Allen & Overy contacting members of the public to advise them that they are the subject of litigation from a loans company and may be […]
The Court of Justice of the European Union (CJEU) released its judgment today in the Crédit Lyonnais case (C-388/11), finding that in determining the deductible proportion of VAT applicable, a company, the principal establishment of which is situated in a member state, may not take into account the turnover of its branches established abroad. The […]
Conyers Dill & Pearman has provided Cayman Islands advice to Hony Capital Fund V LP and New Good Management Ltd on the $495m (£311m) privatisation of Simcere Pharmaceutical Group by way of merger. Partner and co-chair David Lamb along with Angie Chu of Conyers’ Hong Kong office advised on the matter and worked alongside Cleary Gottlieb […]