Bates Wells Braithwaite has announced the “untimely” death of former senior partner Stephen Lloyd, who was killed on Wednesday (20 August) in a boating accident while on holiday in Wales. Lloyd joined the firm in 1984 as a partner from an in-house role in the insurance industry. He began his career at legacy Freshfields. Formerly […]
DLA Piper has announced that Majorie Winters has joined the firm as director and counsel of its NEST (NextGen Environment for STartUps) programme, which provides emerging growth legal services and advice. Winters will counsel start-ups and mid-stage companies in matters related to formation, structuring, human resources, intellectual property protection, financing and mergers and acquisitions. DLA Piper created the NEST programme […]
DLA Piper has represented Goldman Sachs in connection with a $265m (£160m) private bank financing for the $477m construction of the new Sacramento Kings arena. The Kings are contributing $222m and the city of Sacramento is providing $255m. Following years of obstacles and rumours that the team might leave town, work on the basketball franchise’s […]
DLA Piper has advised Etihad Airways, the national airline of the United Arab Emirates, on its entry into a transaction implementation agreement with Alitalia, which will result in a €1.76m (£1m) investment to build a reinvigorated Alitalia as a competitive, sustainably profitable business. Etihad Airways’ investment of €560m will be provided through a combination of […]
Allen & Overy and Deutsche Bank have joined forces on a community project to mentor budding entrepreneurs from a London secondary school, Bethnal Green Academy, to set up their own small businesses. Through Artbeat, Allen & Overy’s arts and enterprise scheme, 25 business studies students have taken part in a 12-week programme, led by a […]
Four years ago, in July 2010, Simpson Thacher lost an up-and-coming high yield counsel to Freshfields Bruckhaus Deringer, having passed him by for partnership (26 July 2010). Just over four years later, and Gil Strauss is strolling back through the firm’s door as an equity partner. During his time away from the firm, Strauss embarked on quite a […]
Citigroup has lost its New-York based global consumer business general counsel following the exit of two other in-house lawyers earlier in the year. Consumer general counsel Stephen Simcock has left the bank, to be replaced by corporate legal head Anita Romero, who will also continue in her role as general counsel of Citibank NA, the […]
Just six months into the long-awaited union of Australian-listed consumer Pac-Man Slater & Gordon and Manchester personal injury stalwart Pannone, the cracks are beginning to show. Two partners, Sean McCay and Clare Campbell, are already known to have left for Squire Patton Boggs and Leigh Day respectively, while at least two other Pannone big-hitters are […]
No two panel reviews are the same. And a couple of in-house teams that have unveiled new panels over the past week demonstrate this fact all too well. For starters, Dwr Cymru Welsh Water (better known as DCWW) overhauled its legal panel earlier this year. The utilities company categorised its panel into 11 separate lots, […]
Clifford Chance is understood to be losing four private equity associates to join partners at firms including Latham & Watkins and Simpson Thacher & Bartlett, underlining the vulnerability of magic circle firms to headhunters acting for US firms in London. Sources say the departure of four of the firm’s private equity associates in London is […]
At least two legacy Pannone partners have managed to exit Australian-listed Slater & Gordon and others are negotiating exits despite a three-year lock-in. Just six months after Manchester-based Pannone was acquired by consumer giant Slater & Gordon, construction partner Sean McCay and travel injury partner Clare Campbell have left and at least two more partners are […]
Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling. Current panel firms Ashurst, Berwin Leighton Paisner (BLP), Clifford Chance, Eversheds and Linklaters are all expected to be aiming to meet the bank’s 29 August deadline for electronic tender […]