Travers Smith is advising South African retail chain Steinhoff International in its bidding war with Sainsbury’s for Home Retail Group. Steinhoff lists a number of firms as its main legal advisers, including Linklaters, Cliffe Dekker Hofmeyr and Werksmans. However, Linklaters partners Owen Clay and Nick Garland are already working with the target Home Retail, with […]
Slater & Gordon has suspended the trading of its shares until the release of its half-year results. The Australian listed firm adopted a voluntary suspension of its shares after admitting it would not be able to release its half-year accounts until after trading ends on Friday. Slater & Gordon’s last audited accounts revealed its borrowings […]
Herbert Smith Freehills and Blackstone Chambers have successfully defended KPMG against an unprecedented judicial review claim in the High Court. The application for judicial review, brought by nursing home operator Holmcroft Properties, questioned the accountancy firm’s role as independent reviewer in the compensation process of mis-selling of interest rate swap products. The company, which instructed […]
Freshfields Bruckhaus Deringer is advising longstanding client London Stock Exchange Group (LSE) on its potential merger with Linklaters’ client Deutsche Boerse. LSE is seeking counsel from Freshfields partners Andrew Hutchings, Mark Rawlinson and Piers Prichard Jones, with the deal expected to be an all-share merger of equals under a new holding company. Meanwhile, Linklaters London […]
LOD (Lawyers On Demand) is set to tie the knot with fellow agile working provider AdventBalance giving the firm a major base in Australia and Asia. Post-merger the firm will have 600 lawyers and hold seven offices across London, Brisbane, Hong Kong, Melbourne, Perth, Singapore and Sydney. Currently LOD only has one office but AdventBalance […]
Latham & Watkins has added seven partners to its Hong Kong office through lateral hires, internal transfers and promotions, in a push to build up its private equity and leveraged finance practices.
General counsel for group legal affairs Claire Debney has stepped down from her role at consumer healthcare business RB (formerly known as Reckitt Benckiser) earlier this month, The Lawyer can reveal.
Central Housing Investment Consortium (CHIC) has kicked off a tendering process for its first solicitors’ framework, which is valued at £70m.
Debevoise & Plimpton’s global revenue grew by 6.5 per cent from $710.3m to $756.9m in 2015, a record level of fee income for the New York-headquartered elite firm. Net profit stood at $351.4m, a margin of 46 per cent, while average profit per equity partner (PEP) is now $2.62m following a rise last year of […]
Latham & Watkins will become the latest international firm to enter into South Korea, having submitted an application for a foreign legal consultant office. As part of the preparation for the Seoul launch, the firm has also signed a lease in the One IFC tower in financial district of Yeouido. The firm already has an established South […]
Gowling WLG has seen its first exit since formalising its merger on Monday, as international energy and natural resources head Kieron Dwyer has left to boost Mayer Brown’s finance practice.
Squire Patton Boggs has merged with US firm Carroll Burdick & McDonough, in a deal that sees the former boost its lawyer headcount by over 50. Litigation and risk management firm Carroll Burdick was founded in San Francisco and also has bases in Los Angeles, Beijing, Hong Kong and Böblingen. The deal therefore sees Squire Patton […]