A&L Goodbody has received unwelcome national press and the ire of a former client after declaring a conflict of interest in its dealings with the high profile Irish lottery licence competition. The Irish Times reported at the beginning of October that the leading Dublin-headquartered firm had been advising the bidding consortium led by UK operator Camelot and …
The highly fluid Paris market has seen nine partners and ten associates walk out of Morgan Lewis & Bockius’ regional office to join Gide Loyrette Nouel, leaving the US firm with just three local partners. Senior exits include Paris managing partner Anne Tolila and partner Jean Leygonie, who both left De Pardieu Brocas Maffei & Leygonie to launch Morgan Lewis’ …
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In what was initially billed as merger talks but has turned out to be far more of a takeover Penningtons yesterday acquired the trading operations of Manches in a deal brokered by PriceWaterhouseCoopers as administrators. Under the business transfer agreement, 265 Manches employees, including 46 partners will now move to Penningtons. However, in a reflection …
Property and construction lawyers are taking advantage of being back in vogue with a number of high profile moves in the sector this week including Ashurst partner Anthony Burnett-Scott’s move to Macfarlanes, Nabarro’s head of infrastructure Matthew Jones to Taylor Wessing and Wither’s hire of Fenwick Elliott real estate partner Julie Teal. At Taylor Wessing, …
As if any reminder was needed of the impact that increased regulation and the continuing fallout from the financial crisis is having on the banking community JP Morgan on Friday (11 October) reported a $380m third quarter loss after setting aside $9.2bn to cover its legal fees. The results are the first quarterly loss for the bank in …
It is not difficult to see why Lord Leveson’s refusal to assist MPs with their latest questions over the future of press regulation is regarded as unhelpful and, by some, the wrong call. Assigned on 20 July 2011 by Prime Minister David Cameron to lead an inquiry into the culture, practices, and ethics of the press, the …
Despite fears that the US federal regulator would block pharma giant Actavis Inc’s $8.5bn acquisition of Dublin-based Warner Chilcott the deal, which saw Latham & Watkins and Matheson advise Actavis opposite Davis Polk & Wardwell and Arthur Cox, has closed this month. The Federal Trade Commission at the end of September settled charges that the …
Hogan Lovells has moved to significantly boost its European privacy capability with the hire of Field Fisher Waterhouse group head Eduardo Ustaran as the departing lawyer is held to a 19 month notice period by his firm. Having built and led Field Fisher’s first-tier privacy and information law group, heavyweight Ustaran will join 2527-lawyer Hogan Lovells’ global …
Insurers are joining banks in upping their scrutiny of law firm finances in light of recent insolvencies as 185 law firms fail to obtain professional indemnity insurance (PII) by the 1 October deadline. The Solicitors Regulation Authority (SRA) received applications for an extended indemnity period (EIP) from 185 law firms. Of those firms, ten have since …
Described by Legal 500 as a ‘dynamic emerging market’, Indonesia has welcomed another international entrant as Taylor Wessing launches in Jakarta via a cooperation agreement with local law firm Hanafiah Ponggawa & Partners (HPRP). The deal will see top 20 LB100 firm Taylor Wessing and 10-partner HPRP ‘share knowledge, resources and best practice, enabling them to provide …
Continue reading “Fourth Asian office for Taylor Wessing as firm ties up with HPRP in Jakarta”
