Cobbetts’ administrator KPMG has postponed a final distribution of £336,687 to Lloyds Bank after receiving notice of legal action relating to the sum by four former partners. KPMG’s final report said it intended to make the final distribution to the bank before the end of the administration but now has to hand investigation of the […]
Baker & McKenzie is to open a global services centre in Belfast, the firm’s second following its centre in Manila which it launched in 2000. The firm has begun recruiting staff and securing premises for the new centre which is set to open for business next month. Bakers’ global director of operations Jason Marty is […]
The news that FTSE 250 company Essar Energy’s legal team is to merge with that of parent company Essar Capital’s, with general counsel Sheena Singla considering an informal panel shake-up as a result, will have phones ringing off the hook around the City. Essar Energy’s controversial delisting from the London Stock Exchange in June amid […]
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result. Ashurst, Baker & McKenzie and Dentons could all receive more work from the energy giant when Singla and her team are merged with Essar Capital’s in-house lawyers. India’s […]
Manchester insurance litigation firm Horwich Farrelly has appointed its first chief operations officer (COO) to its executive board. Mark Grayson joined the firm in early August after 11 years with insurance business outsourcing provider (BPO) WNS Assistance where he was operations director for the last five years. Grayson joins Horwich Farrelly as its first COO a […]
Gateley is doubling its presence in Leeds with an office move three years earlier than planned after adding 22 lawyers in 18 months. The firm will leave its Toronto Square base in October, where it occupies 3,880 sq ft, for a 7,500 sq ft office in Minerva House. Gateley launched in the region in January […]
Kirkland & Ellis and Wachtell Lipton Rosen & Katz are among the firms lined up to advise on Burger King’s $11.4bn (£6.9bn) acquisition of Canadian coffee and doughnut chain Tim Hortons. The deal will see Burger King’s private equity owner 3G Capital take control of 18,000 restaurants in 100 countries. As part of the transaction, […]
Dutch corporate boutique Rutgers & Posch has hired Freshfields Bruckhaus Deringer partner Robert ten Have to boost its capital markets practice. Ten Have will start work at Rutgers & Posch on 1 September. He joined Freshfields in 2005 from NautaDutilh, and headed up the magic circle firm’s Amsterdam office between 2008 and 2011. Ten Have […]
DLA Piper was the principal legal adviser on the largest listed investment company (LIC) initial public offering (IPO) to list on the Australian Securities Exchange (ASX) post global financial crisis (GFC). The new LIC, QV Equities, commenced trading on the ASX on 22 August 2014. The IPO has initially raised AUD185m (£104m) of fully paid […]
Ogier has provided Guernsey legal advice to Burford Capital on the raising of $150m (£90m) through an issue of retail bonds on the London Stock Exchange by Burford Capital plc, a subsidiary of Burford Capital. Payments in respect of the bonds are guaranteed by Burford Capital. William Simpson (partner) and Bryon Rees (managing associate) led […]
Clyde & Co has hired a Singapore-based aviation team from Kennedys including legacy Gates & Partners big-hitter David Johnston. Asia-Pacific focused aviation liability and insurance partner Johnston joined Clydes as a partner shortly after his departure from Kennedys in mid-July. He joins Clyde & Co along with three lawyers, one of whom was a partner at […]
Save the small matter of a referendum to contend with, it’s all gone a bit quiet on the Scottish front, what with Glasgow’s Commonwealth Games consigned to history and Edinburgh’s military tattooists putting their pipes away for another year. Not that that’s stopping Burness Paull from finding a reason to pop the champagne corks. After […]