Baker & McKenzie has advised new client Edita Food Industries S.A.E, one of the Middle East’s leading snack food companies, on its E£2bn ($263m) initial public offering. The shares are listed on the Egyptian Exchange and the Global Depositary Receipts (GDRs) are listed on the London Stock Exchange. Edita was established in 1996. The company […]
Baker & McKenzie supported the winner and runner-up at the 2015 Ukrainian qualifying rounds of the Philip C. Jessup International Law Moot Court Competition. Both teams will participate in the international rounds of the Jessup Competition on April 5-11, 2015 in Washington, D.C. One-hundred and twenty-seven teams from 85 countries around the world are set […]
Conyers Dill & Pearman has advised Platinum Underwriters Holdings, Ltd, in a reverse triangular merger between Platinum, RenaissanceRe Holdings Ltd and Port Holdings Ltd (‘Acquisition Sub’), a wholly owned subsidiary of RenaissanceRe (‘Merger’). Pursuant to the terms of the merger agreement, Acquisition Sub was merged with and into Platinum, with Platinum surviving the merger as a […]
Co-operative Group Legal Services (CLS) revenue has dropped by a third from £32m to £23m due to “regulatory changes”, according to the group’s annual results released today (9 April). The CLS results also showed that operating costs had dropped from £9m to £5m. The results announcement cited “decisive action taken on operating costs” as the […]
Two very different judgments confirm what many lawyers have known for years about information law. It’s not often one gets to write about how the law touches on both the epistolary activities of a future monarch and the secret internet tracking activities of an online behemoth. However, the almost simultaneous handing down of two landmark information […]
Dentons and US firm McKenna Long & Aldridge have confirmed plans to merge this year, 18 months after previous negotiations between the firms fell through. This move comes less than four months after Dentons signed a merger agreement with Chinese giant Dacheng, creating the world’s largest firm (27 January 2015). Partners from both firms approved […]
Following the Papworth Hospital PFI deal, the last ever, what has PFI achieved and which new financing models are emerging? The Private Finance Initiative (PFI) has delivered 120 new NHS hospitals at a cost of some £12bn over the last 20 years. The nationwide building programme saw the first new acute hospitals delivered in South […]
Eversheds has been reappointed as principal adviser to Anglian Water for a second three-year term, effective from 1 April, following a panel review. The firm will continue to advise Anglian Water on matters relating to employment, competition, pensions and property, and could see a two year extension to its contract to align with the remainder […]
Milbank Tweed Hadley & McCloy’s only London-based female partner Laetitia Costa has left the firm, The Lawyer understands. Costa became a partner this year alongside IT and outsourcing lawyer Joel Harrison (17 November 2014). She was the only female partner in the 21-partner office following the retirement of project finance partner Cathy Marsh in 2013. Costa joined […]
ATP Media has appointed Onside Law lead commercial associate Tom Bullock as its first head of legal. Bullock will report to ATP Media’s interim head Mark Webster, who took over the role following the death of ATP Media’s chief executive Steve Plasto in January. ATP Media is the global broadcast arm of ATP, which organises […]
Cherie Blair QC has resigned from the judiciary to focus on arbitration work at her law firm, Omnia Strategy. A spokesperson for the judicial office confirmed on Wednesday (8 April) that Blair is no longer a recorder – a part-time Crown and County Court judge. She said she was stepping down from the bench after 20 […]
Hausfeld will face Hogan Lovells as its client Guardian Care Homes takes Lloyds Bank to court over interest rates derivatives mis-selling, despite reaching a settlement with the bank in 2011 over Libor-rate manipulation claims. The care homes operator is now asking for more than £8m from Lloyds in a consequential losses case, filed with the […]