Karanović & Nikolić has advised Mid Europa Partners on the acquisition of Danube Foods Group, which owns brands such as Bambi, Knjaz Miloš and Imlek, as well as dairies owned by Imlek in Macedonia, Bosnia & Herzegovina and Montenergo. As stated by senior executives from Mid Europa Partners, this leading private equity firm plans to develop the […]
Conyers Dill & Pearman has provided Bermuda and Cayman legal advice to Kosmos Energy on its private offering to eligible purchasers of $225m aggregate principal amount of its 7.875 per cent senior secured notes due 2021. Kosmos intends to use the net proceeds from this offering to repay a portion of the outstanding indebtedness under […]
Linklaters has made up 23 partners in its latest promotions round signalling a renewed focus on its corporate group in London and continental Europe. The magic circle firm made up nine partners to its corporate practice, an increase on just three made up in the group last year (7 April 2014). It is a recent […]
Russia is becoming increasingly problematic for Western firms. Despite the fact that English law is popular, the imposition of sanctions on the country is having a clear effect on business activity. UK and US practices are quietly downsizing, while local firms are consolidating – and beginning to hire English-qualified lawyers. Egorov Puginsky’s Dimitry Afanasiev: making […]
Six partners and 10 legal secretaries are to leave Ince & Co following the firm’s second redundancy consultation in its London practice in a year. Ince launched a review to “restructure its partnership” and support teams earlier this year, said international senior partner Jan Heuvels. Three partners have now left the firm following the consultation […]
Royal Dutch Shell global legal director Donny Ching has put fee arrangements at the forefront of his next panel review, scheduled for April 2016. Over the last few years Shell has managed a robust approach to pricing, with the adoption of what it terms ‘appropriate fee arrangements’ (AFAs). The in-house team has made heavy use […]
Google search rankings, moves at Lloyds Bank and two interviews with legal leaders headed up our top 10 stories list this week. Our most-read story this week was the news that nearly half of the UK top 100 firms are set to plummet in the Google search rankings because they aren’t mobile-friendly. With Slaughter and May, Clifford […]
Lewis Silkin has announced that it has opened its first international office, in Hong Kong, to support its clients’ employment and global mobility issues in the Asia-Pacific region. The office will be based within Hong Kong’s Universal Trade Centre and will be headed up by immigration and global mobility partner Antonia Grant. Managing partner Ian […]
Eversheds has announced the promotion of 22 lawyers to the firm’s partnership. A further 10 lawyers have been promoted to the position of legal director internationally. The biggest increase was in the firm’s commercial department where 12 new partners were added to the practice along with one legal director, while the real estate practice group […]
Parabis has announced a number of changes to its board, including the appointment of chief operating office (COO) Jason Powell as group chief executive. Powell joined Parabis in 2013 and worked alongside group commercial director, Tim Roberts, through a period of restructuring within the firm, which followed rapid expansion (19 May 2014). Parabis closed its […]
Eye-catching defections tend to be from corporate or finance departments, so it was a nice change for us to report last week a notable news story in real estate, a practice area that – outside magic circle firms’ covert downsizing – rarely sees dramatic team moves. A group of nine lawyers, including three real estate […]
Four more judges will step down soon, raising awkward questions about the system The news that the Court of Appeal is looking for four new judges has sparked derision from one of the UK’s top silks on Twitter. Blackstone Chambers’ Dinah Rose QC tweeted that, in her experience, appeals justices “look exhausted and appear to […]