Dechert partner Pierre Mayer is set to depart the firm to establish his own boutique in Paris due to reasons of client conflict, a move which will see the disputes lawyer share office premises with former Jones Day arbitration counsel Sigvard Jarvin who broke away from his firm last year to set up his own …
Clifford Chance (CC), Linklaters and Latham & Watkins are advising on the $7.7bn bid by China National Chemical Corp (ChemChina) to buy Italian tire-maker Pirelli, a deal that will give Chinese investors a significant foothold in Italy’s manufacturing industry while signalling continued Chinese investment into Europe.
Gibson, Dunn & Crutcher partner Peter Gray has been found by Mr Justice Flaux to have ‘deliberately misled’ the High Court regarding evidence presented in a case between the Republic of Djibouti and Abdourahman Boreh, one of the African country’s wealthiest citizens.
Norton Rose Fulbright has carried out a reshuffle of its management positions including creating a new global business head and scrapping its deputy managing partner role as it moves forward with plans to revamp its tax practice’s and smaller departments’ strategies.
Berwin Leighton Paisner (BLP) has launched an arbitration practice in Hong Kong with the hire of a nine-strong team from local boutique Haley & Co, in a bid to ‘create a powerful international arbitration and real estate offering in the region’.
The government has announced today (19 March) it is to establish a strict liability offence for offshore tax evasion – despite concerns expressed by regulatory bodies including the Law Society.
In his final Budget before the general election in May, Chancellor of the Exchequer George Osborne has today (18 March) set out his tax and spending plans to MPs, with an agenda including further reforming the pension industry, raising £5.3bn from the banking sector, tackling tax avoidance and evasion, and supporting the North Sea oil industry.
British American Tobacco (BAT) has gifted Herbert Smith Freehills (HSF) with a major disputes mandate, and instructed the firm as the tobacco giant challenges the UK government’s plans to bring in plain cigarette packaging.
Linklaters and US firm Milbank, Tweed, Hadley & McCloy have picked up key instructions on the €6.6bn purchase of Fortum Distribution, the owner of Fortum’s electricity distribution business in Sweden, by Borealis Infrastructure Management.
After surpassing revenue targets two years early last summer, high-flying City firm Mishcon de Reya has kick-started the process for its firmwide strategy review and is currently interviewing external consultants to help shape its vision.
