Conyers Dill & Pearman has advised CITIC Construction and IFC in relation to their $300m investment platform aimed at affordable housing in Africa. CITIC Construction Co. Ltd, a wholly-owned subsidiary of the CITIC Group, China’s biggest conglomerate, and IFC, a member of the World Bank Group, appointed Conyers Dill & Pearman as transaction counsel on […]
Edinburgh-headquartered Shepherd and Wedderburn saw a marked improvement in turnover in the 2014/15 financial year, with its pre-packed acquisition of Tods Murray helping it achieve a figure of £48m. This represents a rise of 25 per cent on the previous year’s £38.3m and means the firm has beaten its previous best of £42.6m, achieved in […]
As the launch of the ASEAN Economic Community (AEC) looms nearer, firms in Southeast East Asia have been positioning themselves to take advantage of the opportunities the unified market will bring. While the likes of Malaysia’s Zicolaw and Cambodia’s DFDL have long viewed the Association of Southeast Asian Nations as a single economic block, last […]
Defunct Icelandic bank Kaupthing will today (9 June) issue a jurisdictional challenge to the High Court to have Vincent Tchenguiz’ £2.2bn claim against it heard in Iceland. The two-day application will be heard by Mrs Justice Carr after Mr Justice Eder, who heard earlier stages in the ongoing Tchenguiz disputes, took early retirement from the […]
Dentons client Royal Bank of Scotland (RBS) has been ordered to hand over privileged documents relating to its negotiations with the Financial Conduct Authority (FCA) over its fine for Libor manipulation as part of a lawsuit by Cooke Young & Keidan client Property Alliance Group (PAG). Mr Justice Birss ruled on Monday (8 June) the […]
Allen & Overy (A&O) and Dechert have joined the Human Dignity Trust’s (HDT) panel of legal experts, providing pro bono expertise to its local partners who are challenging the criminalisation of homosexuality in courts. A&O and Dechert have joined a panel of 20 firms who provide legal advice to the Human Dignity Trust, with the […]
Leigh Day is in the early stages of gathering clients for a potential £42m group action against Foxtons after starting legal proceedings against the estate agent for its client, landlord Chris Townley. Townley, who was previously a lawyer at Clifford Chance, will likely become the first claimant in the group claim that alleges Foxtons charged […]
DLA Piper is set to launch a flexible working venture similar to Allen & Overy’s (A&O) Peerpoint, which will be the firm’s first entry into the contract lawyer market. The new venture will see DLA employ its alumni at reduced hours than previous contracts allowed. Similarities can be drawn with A&O’s Peerpoint service which launched in […]
Withers has launched in Japan with a tax practice in Tokyo, which will operate as Withers Japan, Zeirishi Houjin. The new practice was set up with the hire of a tax team from Morrison & Foerster’s (MoFo) Tokyo office, including lead partner Eric Roose and corporate tax advisers Chizuko Tomita and Takeo Mizutani. All three […]
Milbank Tweed Hadley & McCloy, Paul Hastings and Weil Gotshal & Manges have all advised on the two and half-year long restructuring of the General Healthcare Group (GHG). GHG owns BMI Healthcare, which is one of the UK’s largest private hospital groups. Capita Asset Services acted as the servicer in the transaction, responsible for negotiating […]
Maravela & Co managing partner Gelu Maravela co-managing partner Alina Popescu were invited by the reputed legal platform BizLawyer to share their opinions on continuous education in the legal profession.
Freshfields Bruckhaus Deringer and Mayer Brown have taken the lead on the sale of holiday company Center Parcs to Canadian property group Brookfield for around £2.5bn. Freshfields advised the company’s former owners Blackstone on the sale and acted for Center Parcs on a recent £490m refinancing. Meanwhile Mayer Brown represented Brookfield on the deal, with […]