James Walsh, partner and head of telecommunications at Eversheds, has commented on the government’s new data retention bill, which has passed to the House of Lords. Walsh said that perhaps the main attention of the new bill has been the timescale in which the government is seeking to pass it. He continued: ‘There is no doubt […]
Slaughter and May has made up a new partner in Hong Kong, with the promotion taking effect from 1 August 2014. The addition of associate Charlton Tse, who specialises in M&A and corporate finance, will bring the firm’s total number of partners in Hong Kong and Beijing up to 13. Of those, four have been […]
Revenues have hit a five-year high at Kennedys climbing up 10 per cent at the latest year end from £117m to £128.5m. The firm has defied the effects of the 2008 economic collapse pushing up turnover by 45.7 per cent since 2009/10 when it stood at £88.2m. Net profit has increase by £5.3m over the […]
DLA Piper has advised UBM Realitätenentwicklung Aktiengesellschaft on the successful placement of a €160m (£127m) corporate bond. Corporate partner Christian Temmel acted as transaction counsel for the joint lead manager Raiffeisen Bank International, IKB Deutsche Industriebank and the issuer. The bond, with a term of five years, was offered to private and institutional investors and […]
On 9 July 2014, Collyer Bristow’s intellectual property (IP) team hosted a reception to welcome Christopher Rennie-Smith back to the firm after he had spent 15 years in Munich as a patent appeal judge at the European Patent Office. The reception, in Collyer Bristow’s art gallery, was attended by a number of leading practitioners in […]
Eversheds partner Jeremy Irving has commented on news that the Financial Conduct Authority (FCA) is launching an investigation into insurance price comparison websites. Noting that price comparison websites (PCWs) have been subject to regulatory query, scrutiny and comment for a number of years, Iriving said: ‘The FSA [Financial Services Authority] as it was and the FCA now […]
Eversheds Saladžius associates Justina Šilinskaitė and Vaida Česnulevičiūtė have participated in, and were actively involved in, the discussions of the Meeting of World Lithuanian Youth. World Lithuanian Youth 2014 is an event of business, politics, science and culture, which is held every two years and is targeted at young individuals living both in Lithuania and abroad who […]
Eversheds has advised the Department for Transport (DfT) on the new Essex Thameside franchise, which has been awarded to the current operator c2c (a subsidiary of National Express Group). The Essex Thameside franchise operates over a network of routes between London Fenchurch Street and Southend and serves key intermediate commuter hubs including Barking and Basildon. The 15-year franchise […]
This week the London office of Simpson Thacher is celebrating the return of one of its highest-flying finance partners, Sinead O’Shea, who is rejoining the City office after a six-year spell in Hong Kong. O’Shea, a partner in Simpson’s corporate department, has acted for core clients such as Blackstone and KKR along with JPMorgan, MMI […]
LinkedIn has hired former Yahoo general counsel Michael Callahan to head the global professional networking site’s legal function. Callahan will take on the mantle of vice president, general counsel and secretary on 28 July, reporting into the company’s CEO Jeff Weiner. The California-based lawyer joins LinkedIn from online real estate agent Auction.com, where he has […]
Gray’s Inn Tax Chambers (GITC) has seen three silks walk out in the last three months, with Devereux becoming the latest to add a member from the set. Felicity Cullen QC is to join Devereux, following the departures of GITC tax silks Philip Baker QC and Patrick Way QC who have resigned along with GITC […]
Specialist pensions-focused firm Sackers, consistently one of the UK 200’s top-performing boutiques, is putting on a brave face after reporting falling figures across the board for the 2013 calendar year. The firm saw revenue drop by 2 per cent last year, from £24.3m to £23.8m while net profit returned to its 2011 figure of £12m, […]