Paul Hastings, which is intent on bulking up its English and US law finance practice in the City, has boosted its leveraged finance practice with the hire of Ashurst‘s banking partner Luke McDougall.
Hogan Lovells plus a host of US firms have won roles on GE’s major financial restructuring, including the $26.5bn sale of its real estate assets, as it tries to create a ‘simpler and more valuable company’ by selling most of GE Capital’s assets.
Cahill Gordon & Reindel has launched an English-law City-based litigation practice after hiring litigator Richard Kelly from US rival Shearman & Sterling and gaining an alternative business structure (ABS) licence.
2014 found US firms in London gaining even more ground. Legal Business’ 13th annual Global London survey charts the key players and winning moves as leading firms make their breakthrough. A line of taxis wait patiently along Old Broad Street as White & Case’s partners exit the office one after the other apologising for the …
Jaishree Kalia follows the contest between the firm’s disputes and corporate partners Freshfields Bruckhaus Deringer’s former disputes and corporate heads are expected to be the frontrunners among those campaigning for the senior partner role as the firm kicks off the election process. The nominations for the firm’s new generation of leadership, which is overseen by …
Baker & McKenzie and Allen & Overy (A&O) have both won places advising on US delivery service FedEx’s €4.4bn agreement to buy Dutch rival TNT Express as the company looks to boost its European capabilities and global footprint.
Skadden, Arps, Slate, Meagher & Flom has increased its promotions round again with 15 new partners being made up though it sees just one being brought up through the ranks in London.
Gibson Dunn & Crutcher has been hit with a £880,000 charge, which it must pay jointly with the Republic of Djibouti, for the freezing order obtained on businessman Abdourahman Boreh’s assets in 2013.
Allen & Overy (A&O) has bolstered its project finance offering in its sub-Saharan practice with its first lateral partner hire in South Africa, turning to Linklater-ally firm Webber Wentzel. Freshfields Bruckhaus Deringer also turned to Linklaters in building its Hong Kong office with finance and energy partner Thomas Ng.
US firm revenues continue to come through with Kirkland & Ellis posting a 6.6% increase in global revenues to $2.15bn in 2014, an increase from the previous year when turnover rose 4% to $2.02bn. Meanwhile, Squire Patton Boggs posted its first post-merger global revenues, coming in at $870.5m with $163m of this generated in the …
