Litigation funder Bentham has retained Quinn Emanuel Urquhart & Sullivan to bring a shareholder claim against Volkswagen in Germany that could top €4bn. The car manufacturer lost $33bn (£22bn) in market value since it admitted cheating on emissions tests last month in an international scandal. Now Bentham is gathering investors to bring a dispute against […]
We would say this wouldn’t we, but The Lawyer Business Leadership Summit, which wrapped up yesterday evening after two jam-packed days of stimulating content, was without doubt one of The Lawyer’s most successful events ever. We believe that the new two-day, two-track model, coupled with a series of high-level speakers, informative discussions and attendees from more […]
Clyde & Co litigator Julian Connerty has exited for Signature litigation over conflict issues related to RBS’s £4bn shareholder battle. Connerty said the principal claimant in the mammoth case – which is bringing £1.2bn of claims – approached Clydes for representation twice but was turned down because of its major clients “that are insurers for […]
Dechert has posted a 5 per cent increase in its UK profits despite turnover falling 1.6 per cent to £67m. The US-headquartered firm’s net profit increased 5 per cent from £27.7m to £29.1m, according to its audited accounts. In London revenue fell by £2m though this failed to impact the firm’s top of equity, which increased […]
Conyers Dill & Pearman has received two Deal of the Year Awards at the annual China Law & Practice Awards ceremony. The firm won in the following two categories: Equity Deal of the Year – Alibaba Group Holding’s IPO on the NYSE Private Equity Deal of the Year – Yongye International Privatization Partner in the Hong Kong […]
Schoenherr advised the underwriters Leerink Partners LLC, RBC Capital Markets LLC, Needham & Company and Wedbush PacGrow as to Austrian law on Vienna-based Nabriva Therapeutics’ initial public offering in the US and its listing on NASDAQ. The transaction was structured such that American Depositary Shares, each representing one-tenth of Nabriva’s underlying registered shares, were offered […]
Conyers Dill & Pearman continues to advance litigation practice with appointment of Paul Smith as head of litigation in the Cayman Islands. For the last 35 years, Paul has advised on all aspects of commercial litigation and arbitration in London, Bermuda and Cayman. He practised at the commercial bar in London for 20 years and […]
Ashurst is piloting “blind allocation” of work in its corporate department after hiring a management consultant to lead on doling out mandates. Under the new scheme resource management consultant Dave Cook has taken over the allocation of work to the firm’s corporate associates from the partners. The pilot, which launched in July, sees Cook allocate […]
Automotive and cycling retailer Halfords is looking for a new general counsel and company secretary only 18 months after hiring current head of legal Justin Richards. Richards made the decision to leave the company in September, The Lawyer understands. He joined the retailer from Kellogg’s in April last year. A spokesperson for Halfords said Richards’ […]
Online retailer JustFab has appointed its first general counsel for Europe with the hire of Amazon corporate counsel Antony Stokes. Stokes joined JustFab’s London office in September after nearly four years as a lead in-house lawyer for Amazon’s digital software group. Stokes will be supported by Europe senior legal counsel Christina Groeschel, who joined in […]
Insurance firm Ince & Co is discreetly sounding out firms for a possible tie-up, The Lawyer understands. The firm, which has been hit by falling turnover and two redundancy consultations, is understood to have approached a number of firms including Watson Farley & Williams (WFW). Responding to The Lawyer, WFW managing partner Chris Lowe said he had […]
US employment giant Littler Mendelson has acquired German employment boutique Vangard as its first foothold in Europe. The deal sees Littler Global, Litter Mendelson’s international arm, take on Vangard’s four German-based offices in Hamburg, Berlin, Düsseldorf and Munich. [continued] Also on TheLawyer.com: Fasken Martineau is in the midst of an internal consultation that could see […]