The ongoing dispute between the Law Society and the Solicitors Regulation Authority (SRA) has escalated after a row broke out over whether the regulator should formally split from the representative at Chancery Lane.
After a slow churn of lateral partner hires in Ashurst‘s London office, the Anglo-Australian firm has kick-started 2016 by recruiting DLA Piper‘s high-profile international arbitration head Matthew Saunders.
Clifford Chance, Allen & Overy (A&O), Linklaters and King & Wood Mallesons (KWM) are advising on Clydesdale and Yorkshire Bank’s proposed initial public offering (IPO) as its owner National Australia Bank (NAB) announced a cut-price share offer ahead of the float – a move which could impact other IPOs in the market.
Having launched a trio of practice areas – finance, private equity and funds – in London in just over a year, Fried, Frank, Harris, Shriver & Jacobson has kick-started 2016 with the launch of a restructuring practice, appointing Mayer Brown‘s co-head of restructuring, bankruptcy and insolvency Ashley Katz.
Sullivan & Cromwell, Clifford Chance and Allen & Overy (A&O) have won roles as the world’s largest brewer Anheuser-Busch InBev NV (AB InBev) prepares to issue $46bn worth of bonds, in what may become the largest corporate offering in history.
In another round of musical chairs at Barclays, the banking giant has appointed Victoria Hardy as general counsel (GC) for the UK, Europe and Middle East region with immediate effect.
Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.
Linklaters and Ashurst have landed roles advising UK property developer Countryside Properties as it prepares to list on the London Stock Exchange, in a float likely to value the housebuilder at around £1bn.
Having first signalled intentions to set up a base in South Korea back in 2011, Ashurst has put plans to launch in Seoul on ice.
Allen & Overy (A&O) and Linklaters have landed roles advising online spread-betting company CMC Markets as it plans to float on the London Stock Exchange, in what will be the first initial public offering (IPO) of 2016.
