Three more years: Tesco extends real estate mandate with BLP
Berwin Leighton Paisner (BLP) has re-signed a deal with Tesco, giving it a three year mandate as the supermarket giant’s lead property adviser.
Weil adds to banking practice with Baker McKenzie infrastructure specialist Hibbert
Weil, Gotshal & Manges confirmed today (19 April) that it has hired infrastructure and real estate finance partner Paul Hibbert from Baker McKenzie, as the US firm continues to ramp up its finance coverage in the City.
‘An extremely big deal’: profession lays out key threats as article 50 triggered
Linklaters gives evidence to Lords Committee on Brexit impact City firms have voiced their concerns over Britain’s arrangements to leave the European Union as prime minister Theresa May pulled the trigger on article 50 last month.
Unsecured creditors to lose almost £34m as KWM Europe admin continues
KWM China buys reassurance by taking SJ Berwin name An initial report into the financial affairs of King & Wood Mallesons’ (KWM) now defunct European arm estimates that unsecured creditors are set to lose £33.5m as the firm’s inner financial workings begin to surface.
Magic Circle duo land £2.2bn energy deal as antitrust concerns surface
Linklaters and Slaughter and May have taken lead roles as UK energy services giant Wood Group is to acquire its struggling rival Amec Foster Wheeler for £2.2bn amid market competition concerns. The deal was announced in March and is expected to close in the second half of 2017. Under the terms, Scottish company Wood Group …
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Focus: Dechert
London office headcount: 165 lawyers, 42 partners Fee-earner headcount change since 2011: +72% London office management committee: Camille Abousleiman (chair), Jason Butwick, Gus Black and Miriam Gonzalez Office speciality: Private equity, finance, litigation/investigations Representative London work: Advising UK oil and gas independent Chrysaor Holdings’ $3bn acquisition of a package of assets in the UK North …
Scaling back: KWM pulls out of Riyadh in latest loss for global giant
King & Wood Mallesons (KWM) confirmed today (3 April) that it is closing its Riyadh office, one of two bases the firm has in the Middle East.
Strategic recruitment: Latham continues litigation push with Olswang hire
After taking Quinn Emanuel Urquhart & Sullivan partner Martin Davies at the start of this year, Latham & Watkins is continuing its litigation push with Olswang partner Ian Felstead.
A&O and CC take spots as Bradford & Bingley loans sold by Slaughters Treasury client
Slaughter and May, Allen & Overy (A&O), Clifford Chance (CC) have all picked up advisory roles in the UK government’s £11.8bn sale of buy-to-let mortgages from failed lender Bradford & Bingley.
NatWest SME law firm report warns lock-up a concern although business climate positive
With an average revenue growth of 5% in 2016, the business climate for small to medium size (SME) firms with income under £123m in the UK has been generally positive, according to the latest NatWest Legal Benchmarking report out today (30 March).