US firm Milbank Tweed Hadley & McCloy has announced it is opening a Foreign Legal Consultant Office in Seoul, Korea. The new office will be headed by Milbank partner Young Joon Kim, a Korean native who started his career with the firm in New York and for the past decade has been based in its […]
US firm Dechert grew its global gross revenue by 8 per cent in 2014 from $777.2m to $839.4m. The rise follows a gross revenue increase of 6.6 per cent the previous year (5 February 2014). Dechert said 74 per cent of 2014 revenue was generated in North America, amounting to $621.2m. Its second-highest fee-generating region […]
Hogan Lovells saw its revenue from outside the US rise above £600m in 2013/14, but net profit dropped by 3.5 per cent compared to the previous year. The firm’s International LLP accounts, filed with Companies House this week, also reveal that chief financial officer (CFO) Richard Olver has left Hogan Lovells. Washington DC-based tax practice […]
Goodwin Procter’s 2014 year-end results show a 4.4 per cent growth in revenue to $785.5m (£521.5m), according to figures released by the firm. Revenue per lawyer increased by 6.2 per cent to $1.04m, while profits per partner grew by 7.4 per cent from $1.6m to $1.7m. The rise follows a 5 per cent increase in […]
Morrison & Foerster (MoFo) has turned to De Brauw Blackstone Westbroek for the hire of two data protection lawyers, including the Dutch firm’s global data privacy chair Lokke Moerel. Moerel joins MoFo in Berlin as a senior of counsel alongside De Brauw senior associate Alex van der Wolk, who becomes a partner at the US […]
When BT opted to announce a £12.5bn industry-shaking marriage with EE, it looked as if its other budding suitor O2 was going to be left by the wayside. But it didn’t take long for Three’s Hong Kong-based owner Hutchison Whampoa to step into the fray, whisking Telefónica’s O2 off its feet with a £10.25bn bid. […]
In a health and safety prosecution concerning a dairy farm before Stafford Crown Court, Tim Pole of No5 Chambers acted for the HSE. The company and director had on an earlier occasion pleaded guilty to health and safety offences of failing to ensure the safety of employees and failing to have a suitable risk assessment […]
Conyers Dill & Pearman provided Mauritius legal advice to International Finance Corporation (IFC), a member of the World Bank Group, on the structuring of its investment in Echo-Scan Services Limited. Echo-Scan Services Limited is a provider of medical diagnostic services in Nigeria. Sameer Tegally of the Mauritius office advised on the matter, working alongside Norton […]
Shoosmiths has advised the shareholders of Rex Features, the largest independently owned photographic press agency in Europe, on its $33m sale to Shutterstock, a global provider of commercial digital imagery and music. With Rex’s editorial expertise and Shutterstock’s technical prowess, the combined companies will bring a comprehensive offering to market. Shoosmiths corporate partner Sean Wright […]
Tomas Jakubauskas of Eversheds has been credited as a contributing author to Thomson Reuters’ new law book. He wrote an an overview and commentary on Lithuanian IP law. The book is due to be released in May.
Conyers has advised Chinese China Hongqiao Group on its $300m senior notes offering. The firm provided Cayman and BVI legal advice in connection with the issue by the company of 6.875 per cent senior notes due 2018 with, inter alia, security given by its BVI subsidiary, China Hongqiao Investment Ltd. Anna Chong of Conyers’ Hong […]
Conyers Dill & Pearman HAS provided Cayman and BVI legal advice to Xiabuxiabu Catering Management (China) Holdings Co, Ltd on its HK$1.1bn (£94.5m) IPO on the Main Board of The Stock Exchange of Hong Kong (HKSE) by way of Hong Kong public offering and international offering. Xiabuxiabu Catering Management (China) Holdings Co., Ltd. is China’s leading […]