Schoenherr has picked up two awards from Romanian business publication Ziarul Financiar at the Lawyers’ Gala event organised by the daily financial newspaper in Bucharest on Wednesday evening. One of the awards was for Schoenherr’s role in advising on the main transaction in Romania’s banking (financial) services sector over the past 12 months, namely for having […]
On 13 April, OÜ Selteret (Estonia) signed a contract for acquiring a 100 per cent stake in AS Schetelig EV (Estonia). The Latvian and Lithuanian subsidiaries of AS Schetelig EV are also parties to the transaction. The deal will be closed in May 2015; the parties have agreed not to disclose the value of the […]
Tark Grunte Sutkiene has advised AS Sarkop, an Estonian producer of high-quality furniture, in a production facilities sale-leaseback transaction and in implementing new financing solutions. AS Sarkop is one of the largest custom furniture producers fully based on Estonian capital. It produces top quality furniture for offices, restaurants, hotels and ships. AS Sarkop was advised […]
Shoosmiths has advised MML Capital Partners on its investment into education and training provider the Learning Curve Group. MML, which has invested more than €1.6bn in 84 businesses across 11 countries, will hold a 50 per cent share of the business. Executive management including chief executive Brenda McLeish, commercial director Jon Cummins and finance director […]
Irwin Mitchell has announced seven partner promotions across its offices in the UK, which will take effect from 1 May 2015. The number of promotions is down from last year, when 10 were added to the firm’s partnership. It is also lower than in 2013 when the firm promoted 14 to its partnership, which was […]
DLA Piper has announced that 44 lawyers have been promoted to its partnership this year, including nine in the UK and 20 in the US. The largest number was in DLA Piper’s corporate practice where 10 lawyers were promoted into the partnership. There are nine promotions within DLA’s litigation and regulatory practice and eight within intellectual property […]
The trend for US firms to bring in some of UK firm’s top legal talent is continuing with the news that Kirkland & Ellis has hired the head of Linklaters’ UK competition practice Paula Riedel. Riedel has been at Linklaters since qualifying in 1996. She became a partner in 2003 and has been UK head […]
A team of five McKenna Long & Aldridge partners, including government contracts chair Fred Levy, have opted out of their firm’s merger with Dentons and are set to join Covington & Burling along with seven counsel and seven associates. McKenna white collar chair Michael Scheininger, product liability defence practice head Ray Biagini, bid protest practice head Jay […]
Dentons has reignited the debate on profit disclosures with new claims that its net profit and profit per equity partner figures for 2014 have been reported erroneously. Last year the firm issued a letter directed at The American Lawyer (AmLaw), stating its decision to no longer disclose global profit per equity partner (PEP or PPP […]
Following a contested election that pitted ultimate victor John Cleland against property head Adrian Barlow and client operations head Richard Masters, Pinsent Masons’ new managing partner stepped into the role today. The erstwhile leader of the firm’s financial institutions practice, who spent the past few weeks preparing for the change that began “on 1 May […]
Simmons & Simmons has promoted 13 of its lawyers to its partnership this year in an increased promotions round concentrating on the UK. In 2014 the firm promoted just eight partners across its network. The firm again focused on its UK offices with nine of the promotions occurring in London and another in Bristol. Unlike […]
Legal services provider Obelisk’s board has shrunk from four to one after the departure of three high-profile non-executive directors. Non-executive directors Stephen Mayson, former Linklaters partner Nick Eastwell and chairwoman Helen Mahy, formerly general counsel of National Grid, left Obelisk after filling their roles for around two years. Replacement board members have yet to be […]