Allen & Overy has boosted its Asian offering with partner Stephen Miller moving from London to Hong Kong to take on the newly-created role of head of Asia capital markets.
Freshfields Bruckhaus Deringer and Foley Hoag have advised as an international tribunal has ordered Venezuela to pay more than $1.2bn to Vancouver’s Rusoro Mining following its ruling that Venezuela unlawfully expropriated the company’s goldmines.
Beleaguered Slater and Gordon has announced it expects to post an A$1.01bn net loss for the 12 months to 30 June 2016, with total revenue expected to come in at A$908.2m.
UK-based electronics business Dialight has appointed its first general counsel (GC), bringing in Chris Fussell from business process and technology services provider Xchanging.
Allen & Overy (A&O) has broken its lockstep for its new Manhattan hires as the firm made a major finance play to compete with the US elite earlier this month.
Ashurst has halted its upcoming quarterly profit distribution to partners (PEP) following disappointing financial results which saw profits per equity partner drop by 19%. The payment was scheduled for this month (August).
Clyde & Co, Sullivan & Cromwell and Cahill Gordon & Reindel have won roles advising on Arch Capital Group’s bid to acquire American International Group’s (AIG) mortgage-guarantee unit for $3.4bn, in a deal which would create the largest private mortgage insurer in the world.
White & Case increased its turnover in 2015 by 39% across its UK and Africa offices with figures jumping by £60m to £214.9m. The revenue leap follows a strong 2014 when the firm posted a 12% top line increase.
Trowers & Hamlins is the latest firm to place a freeze on fee earners’ pay, citing the ‘economic uncertainty’ following Brexit.
Ashurst‘s raft of investments are coming to light after managing partner Paul Jenkins flagged those costs as a reason the firm saw a 19% drop in profits per equity partner down to £603,000 from £747,000 for the financial year 2015/16.
