Mishcon de Reya will pay over £66,000 in damages and interest to a former client after partially losing a professional negligence case in the High Court. Mrs Justice Simler upheld a portion of former trader Russell Chweidan’s damages claim in contract and tort for professional negligence because of Mishcon’s failure to cross-appeal in time an […]
No5 Chambers’ Sarah Buckingham has prosecuted Marcus Marcussen, 91, of Rochford, Worcestershire, who is charged with 28 counts of indecent assault and two charges of indecency with a child against 14 boys between 1957 and 1978. Marcussen has pleaded not guilty at Birmingham Crown Court. He is alleged to have carried out the offences while working […]
How law firm auctions can work in your favour. More and more often, corporate law departments are turning to law firm auctions in order to streamline operations, ensure optimal legal representation and control costs. While they are often perceived as blunt instruments designed solely to reduce pricing for legal services, smart law firms don’t have […]
DLA Piper has represented CGI Windows & Doors Holdings, a portfolio company of Cortec Group Fund IV and a manufacturer of hurricane-impact-resistant windows and doors, in the sale of its business to PGT, a manufacturer and supplier of residential impact-resistant windows and doors. The transaction is expected to close in September 2014, subject to customary […]
Eversheds’ Hong Kong office has announced the appointment of partner Samuel Chau in the banking team. Chau was previously a partner at Gide Loyrette Nouel in Hong Kong and prior to that a counsel at Sidley Austin, where he worked for more than 10 years. Chau has experience in the corporate banking, asset and project […]
The investment funds team at Wragge Lawrence Graham & Co has over the past three months acted on seven high-profile transactions that have raised more than £700m in aggregate. In May 2014, the team acted for existing client GCP Student Living on its open offer, placing and offer for subscription, which raised £42m. In June, […]
DLA Piper has announced that Rich Greenstein has been named chair of the firm’s US franchise and distribution practice. Greenstein is a transactional lawyer with more than 30 years of experience representing clients across industries involving franchise and distribution law, intellectual property, licensing and mergers and acquisitions. He led the firm’s franchise and distribution practice […]
Dentons has hired White & Case’s EMEA director of strategic projects Richard Singer as its new European chief operating officer (COO). Singer will be based in Dentons’ Prague office and will report to European CEO Tomasz Dabrowski and global COO Orest Szot, who is based in Toronto. He replaces Peter Griffith, who stepped down from […]
DLA Piper has advised Oando, a Nigeria-based integrated energy solutions provider, on the $1.65bn (£975bn) acquisition of ConocoPhillips’ offshore and onshore assets in Nigeria and the associated reserve-based, multi-source financing. This acquisition will make Oando one of the largest indigenous oil producers both in Nigeria and Africa as a whole. The DLA Piper team that […]
Clifford Chance has led on property investment company Blackstone’s £320m acquisition of 125 Old Broad Street from Brookfield Property Partners. The 328,000sq ft office building is home to the headquarters of property company DTZ, as well as Gide Loyrette Nouel and best friends Chiomenti and Cuatrecasas Gonçalves Pereira; King & Spalding; and Uría Menéndez. Clifford Chance […]
The Serious Fraud Office (SFO) has agreed a £1.5m out of court settlement with Robert Tchenguiz, bringing a final close to its £300m battle with the two brothers. The SFO has now agreed to pay out £4.5m in total to Robert and Vincent Tchenguiz to settle their £300m damages claims following their arrest and detention […]
Mrs Justice King has become the eighth female Court of Appeal (CoA) justice in the latest round of appeal court appointments. King J has been elevated to the CoA alongside Mr Justice Sales, Mr Justice Bean and Mr Justice Burnett. The quartet replace Lord Justices Moses, Rimer, Goldring and Kay, who are retiring in the […]