Cleary Gottlieb Steen & Hamilton and Clifford Chance have joined a host of UK, US and French firms involved as the battle to acquire luxury travel business Club Méditerranée (Club Med) hots up. A team spanning Cleary Gottlieb’s London, Milan and Paris offices are advising Investindustrial, the private equity group run by Italian businessman Andrea […]
Are deals back? You might not think so from reading this week’s feature on public M&A fees. They’re down by 3 per cent compared with the same period last year, and 35 per cent compared with the previous six months. But statistics don’t tell you everything. Of course, deals never truly went away, and there […]
OC leads the pack with a stonking 47% PEP boost, as early results show most top firms returning to growth Predictions of market revenue growth have been borne out by the first 25 UK 200 firms to publish figures for the financial year. All but Hill Dickinson have pushed up turnover, although it has hardly […]
Move of the week TV company FremantleMedia has hired BBC Worldwide director of business and legal affairs, Robin Chalmers, as replacement for retiring general counsel Sarah Tingay. Chalmers will report to chief operating and financial officer Sangeeta Desai. UK London Gunnercooke has hired a number of recruits. Ammar Al-Tabbaa joins as a […]
Online payment specialist PayPal is innovative and dynamic, and that’s how Tom Brown, UK and Ireland head of legal, demands his team to be too PayPal is all about the future of money. Originally an online and now increasingly an offline payment business owned by Silicon Valley-based internet auction giant eBay, PayPal is an acute […]
London will fall to US firms, ABS is no big deal, Vereins have had it and the modern obsession with process is a waste of time. Discuss In a time of unprecedented uncertainty in the legal market, most people with skin in the game are interested in where things are heading. We industry observers are […]
Brazil may be hogging the limelight right now, but its neighbours should not be ignored. The rest of Latin America deserves investors’ attention too In association with In Latin America, Mexico takes the crown as one of the so-called MINT (Mexico, Indonesia, Nigeria, and Turkey) emerging nations. It is predicted to become the sixth biggest […]
The government’s appetite for legislation is proving a headache for lawyers but a new civil code and an accelerating automotive industry are a great pick-me-up Hungary’s prime minister Viktor Orbán has plenty of critics ready to slam his approach to freedom of speech and the rule of law generally, but he and his right-of-centre government […]
UK public M&A work is down, as are fees. But as the deals markets shows signs of life, it’s not just the M&A titans that are winning There have been a few promising moments in the public M&A market in the past six months, a highlight being US pharmaceutical giant Pfizer’s series of aggressive takeover […]
Will the volume of deals soon return to the market and has the UK Takeover Code’s aim of introducing fee transparency hit its target? Our experts discuss What have been the key trends in public M&A in 2013/14? Charlie Jacobs, partner, Linklaters: Offerors are increasingly conscious of the need for secrecy, with a greater number […]
The quality of football at the 2014 World Cup has been so high as to overcome less positive issues around the competition. Concerns around the impact of stadium building and other infrastructure facilities on social divisions in Brazil have, sadly, some suggest, taken a back seat, as just about every match has been a thriller. […]
Litigators and courts widely misunderstood and misapplied the Mitchell test, the Court of Appeal said today as it sought to clarify the High Court ruling that was intended to help crack down on spiraling litigation costs. The appellate court today delivered judgment for three joined cases that were directly affected by the Mitchell costs case. […]