CVC Capital Partners, a leading international private equity firm, has acquired a controlling stake in the US pharmaceuticals company Alvogen. Alvogen has a strong presence in the region, with offices in Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and Serbia. With this investment, CVC intends to provide experience and resources to help Alvogen position itself as […]
Baker & McKenzie has promoted 83 lawyers to partner across the firm, with female associates representing 40 per cent of this year’s round. London saw three associates promoted to partner, while the EMEA region saw the greatest number of promotions with 34 per cent of the total. Asia Pacific followed with 28 per cent of […]
Leading commercial silks have accused the Court of Appeal (CoA) of deliberately “over-listing” hearings to ensure appellate judges have enough work, resulting in lengthy delays for hearings and greater costs for clients. A number of top tier sets have told The Lawyer barristers are regularly having commercial cases “bumped” from the CoA court list just […]
Wealth manager Towry has appointed Ashcourt Rowan’s Rehana Hasan to the role of general counsel, after the company acquired rival Ashcourt last month. Hasan had held the role of group legal adviser at Ashcourt Rowan since September 2012 but will now be responsible for managing the legal requirements of the combined business. Prior to working […]
Weil Gotshal & Manges’ London tax head Jonathan Kandel is leaving the firm for Kirkland & Ellis, following in the wake of Weil’s former finance head Stephen Lucas. The move leaves Weil with no tax partners in London, after Ropes & Gray hired Brenda Coleman at the end of 2013 (13 December 2013). Kandel, […]
The Supreme Court has rejected a bid to quash the introduction of a new competency assessment for criminal barristers known as the Quality Assurance Scheme for Advocates (QASA). In a judgment handed down on Wednesday (24 June) justices said the scheme was proportionate to the aims it pursued and therefore could be implemented. The judgment […]
State-owned Qatar Petroleum will launch its first formal legal panel, with Simmons & Simmons and Herbert Smith Freehills (HSF) understood to have already submitted tender proposals. It is not yet clear when the panel will be launched or how many firms are expected to make up the roster. The company, which this week wrapped up […]
As students of French history will know, down the years the summer months in Paris have echoed to the sound of revolution. However, this summer it appears that evolution, not revolution, will be the theme – in legal circles at least. Details are emerging of the scale and scope of proposed changes to the French […]
Latham & Watkins Abu Dhabi project finance partner Nick Collins has joined Jones Day’s projects and infrastructure practice in London. Collins had been at Latham for over three years in the project development and finance practice based in Abu Dhabi. Prior to that, he was a partner for two years at White & Case, where […]
Proskauer Rose has continued its London hiring spree by picking up finance partner Alexander Griffith from DLA Piper. Griffith specialises in private equity and leveraged finance and began his career at DLA in 1997 where he has remained since. His work includes advising private equity houses and debt providers regarding debt finance for mergers, acquisitions […]
Parmjit Singh, head of diversified industrials at law firm Eversheds, has commented on the latest UK factory orders statistics. He said: “The slowdown in exports is the result of multiple factors. While the Greek crisis is having a negative effect across the entire eurozone, the UK picture is more down to the strong pound which is […]
The Sarajevo office of Karanović & Nikolić has hosted a group of American law students from Duquesne University, Pittsburgh, Pennsylvania They are doing a month-long internship with the Federal Court of Bosnia & Herzegovina.