White & Case has posted a double digit rise in profit for the second year running, with average profit per equity partner (PEP) up 10 per cent for 2013. The double-digit growth, which takes White & Case’s PEP to $1.9m, comes on the back of a 4 per cent increase in global revenue for the […]
Conyers Dill & Pearman has provided Bermuda law advice to the initial purchasers of a private offering of $600m (£360m) 6.25 per cent senior notes due 2019, issued by North Atlantic Drilling, a Bermuda-exempted company. David J Doyle and Chiara Nannini of Conyers’ Bermuda office acted in the matter.
After 12 years of established law in this area, it’s disappointing (if understandable) that the Treasury should mount a smash-and-grab raid on the professions to increase the tax yield. Understandable because of the size of the potential tax yield. By the time of the Autumn Statement, the anticipated yield 2014/15 – 2018/19 had grown from […]
Allen & Overy (A&O) has advised Japanese carmaker Mitsubishi Motors on the reorganisation of its distribution activities in Germany. Mitsubishi Motors Europe, a subsidiary of Mitsubishi Motors Corporation, sold and transferred the majority of the shares in its wholly owned subsidiary Mitsubishi Motors Deutschland to Frey Automobil Holding Deutschland, a member of Emil Frey Group. […]
Paul Hastings has announced changes to its China leadership team following two incumbents’ moving back to the US. Paul Hastings has appointed corporate partner Sammy Li as its new Hong Kong office chair, succeeding predecessor Derek Roth. Meanwhile, the firm’s existing Shanghai chairman David Wang will take over management responsibilities of the Beijing office from […]
Kazakhstan keeps attracting international interest, so it’s inevitable that a host of law firms have opened up in the Central Asia powerhouse. In the last few months, Reed Smith, White & Case, Dentons and Kinstellar have all invested there. Reed Smith launches in Kazakhstan with former Dewey duo White & Case opens office in Kazakhstan […]
Hogan Lovells has picked up the mandate to represent Ukrainian industrialist Victor Pinchuk in his $2bn High Court battle after White & Case was debarred from the case. It will be a major boost to the London litigation team, which has been on the hunt for a fresh multi-billion dollar trial since Addleshaw Goddard client […]
Private housing developer Pocket Living has cut its legal panel from five to one, making Speechly Bircham its sole legal adviser. Pocket founder and chief executive Marc Vlessing, who would not comment on which other firms the company previously used, told The Lawyer that the decision to cut its legal advisers down to one was […]
Pannone regulatory head Anthony Barnfather will join Slater & Gordon (S&G) when the firms combine despite initially resisting the move. The regulatory group was understood to have been against the planned merger when it was first mooted, with sources raising questions over whether S&G would absorb the group. Barnfather is currently part of a three-partner […]
What goes up must come down, or at least get a lot more complicated. While Chinese firms have enjoyed phenomenal growth in recent years – there are now 20,000 of them across PRC – the issue of succession is far from simple. As founding partners approach retirement, leadership changeover is a pressing issue. There are […]
As test results from a public laboratory in West Yorkshire find more additives in food products, including a withdrawn prescription drug for obesity in herbal tea, David Young, head partner of health and safety at Eversheds, considers the consequences. Young said: ‘Perhaps the only surprise here is the extent of the issue. The findings from […]
Teams from the German, UK and Hong Kong offices of Eversheds have advised certain shareholders of Columbus Holding on the €70.7m (£60m) merger of German-based Cybex and Hong Kong-listed Goodbaby, the largest supplier of baby strollers in China, North America and Europe. The transaction enables Goodbaby to establish a direct distribution network in continental Europe […]