Clifford Chance and Freshfields Bruckhaus Deringer have advised on the merger of annuity providers Just Retirement Group and Partnership Assurance, after the 2014 pension reforms led to a decline in product sales. Clifford Chance acted as legal adviser for Just Retirement, with a team led by Lee Coney alongside fellow corporate partner Hilary Evenett. Partner Simon […]
Cleary Gottlieb Steen & Hamilton has won the top role advising on Google’s corporate reorganisation and the creation of a new parent company called Alphabet. Corporate partners Ethan Klingsberg, Pam Marcogliese and Glenn McGrory worked with the company in New York, along with fellow partners Len Jacoby and Yaron Reich handling IP and tax respectively. […]
White & Case has become the latest US firm to open an office in Seoul with the relocation of current Korea practice head James Lee from Los Angeles. White & Case has had a Korea practice for more than 20 years. The Seoul opening signals the firm’s move to strengthen and expand its existing Korea […]
Cravath Swaine & Moore, Mungo Tolles & Olson and Stoel Rives have won top roles on Berkshire Hathaway’s $37.2bn (£23.86bn) purchase of Precision Castparts Corporation, which manufactures metal components for Airbus, Boeing, GE and Rolls-Royce. Warren Buffett’s Berkshire Hathaway was represented by Munges Tolles & Olson partners Robert Denham and Mary Ann Todd. They were […]
Simpson Thacher & Bartlett has represented private equity house Silver Lake in its $1bn (£644m) investment in equipment provider Motorola Solutions, advised by Wachtell Lipton Rosen & Katz. Simpson Thacher partners Rich Capelouto and Atif Azher led the deal for longstanding client Silver Lake, along with capital markets partners Bill Brentani and Dan Webb. The […]
Barclays’ head of M&A Khasruz Zaman has left the bank to join Simmons & Simmons in the latest in a string of high profile exits. Zaman specialises in M&A and corporate finance transactions in the financial institutions sector and has experience in both domestic and cross border work. He joined Barclays in 2006 after working […]
Chinese e-commerce giant Alibaba has turned to its long-standing advisers Simpson Thacher & Bartlett and Fangda Partners in a $6.9bn strategic partnership with Chinese electronics retailer Suning. Simpson Thacher’s team on this deal was led by Hong Kong-based client relationship partner Chen Leiming. Fangda’s team was headed by relationship partner Jonathan Zhou. Suning, which has […]
White & Case has become the latest US firm to open an office in Seoul with the relocation of current Korea practice head James Lee from Los Angeles. White & Case has had a Korea practice for more than 20 years. The Seoul opening signals the firm’s move to strengthen and expand its existing Korea […]
Beijing-headquartered Jun He has undergone the most significant remuneration structure shakeup since its establishment in 1989, as the firm recently started a three-year trial run of a new modified lockstep. Slaughter and May’s Chinese best friend previously operated on an almost entirely merit-based remuneration system since it was founded in 1989. The Lawyer can reveal […]
The Metropolitan Police Service is retendering its national legal panel, which will cover 43 police forces and will be worth up to £24m. The National Legal Services Framework is valued between £18m and £24m and will run for 48 months. The Met is looking to double the number of firms it uses from six to […]
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have advised CK Hutchison Holdings and VimpelCom in their €21.8bn (£15.4bn) agreement to form one of Italy’s largest telecommunications companies. The joint venture agreement involves the combination of Wind Telecomunicazioni and 3 Italia, currently the third and fourth biggest telecoms companies in the country. A&O’s cross-border team […]
Mintz Levin Cohn Ferris Glovsky and Popeo is scaling back its UK presence by no longer conducting European patent prosecution from its London office. The move follows the launch of Cooley’s patent practice in London and the hiring of Mintz Levin attorneys David Wraige, Jacqueline Ireland and Daniel Sellwood. The firm also lost its UK […]