Nabarro and Clifford Chance have picked up a major real estate instruction advising on the £1.1bn acquisition of UK student accommodation provider Liberty Living by Canada Pension Plan Investment Board (CPPIB).
Linklaters has appointed longstanding partner and global financial regulation group head Michael Kent as divisional practice head of finance & projects, where he will succeed heavyweight finance and securitisation partner Jim Rice.
The Legal Services Board (LSB) has raised concern over whether current regulatory restrictions for in-house lawyers are justified, stating that ‘unnecessary restrictions’ on their ability to innovate and expand their reach could ‘adversely affect access to justice’.
Paul Hastings has made a rare move on a UK firm in its own backyard, with news that is to hire a trio of US and Latin America-based partners from Allen & Overy.
Royal Dutch Shell has made two significant internal promotions to its in-house legal function, with associate general counsel (GC) for litigation Richard Hill (pictured) appointed to succeed Brad Nielson as GC for global litigation, while Martin Bambridge, currently associate GC for the energy giant’s downstream portfolio, will take over from downstream legal chief, Hans von der …
Continue reading “In-house: Shell appoints successors to litigation and downstream GC roles”
Enyo Law enjoyed major financial growth for the 2013/14 year, as LLP accounts filed at Companies House reveal revenue jumped 61% to over £14m from £8.8m while profits effectively doubled to £9.6m from £4.8m.
The fallout from the Forex rigging scandal continues to rumble on with Barclays this week being the latest in a long line of banks to set aside huge sums to deal with the matter. The bank this week announced that it had set aside an additional provision of £750m in the last quarter of 2014 …
Continue reading “Rumbling on – Barclays’ profits plunge after £750m Forex provision”
It may not be the name most associated with sole adviser mandates in the legal industry but Norton Rose Fulbright (NRF) has still scored a notable win. The global law firm has confirmed this week that it has secured a position as global legal counsel to engineering company IMI following an overhaul of its use of …
With the government’s current proposal to raise the fee to issue proceedings to 5% of the value for claims worth £10,000 or more, research recently undertaken by the Ministry of Justice shows that 61% of respondents believe the proposals will have a negative impact on the UK’s competitiveness in commercial disputes, according to RPC.
Having sought to upgrade its finance practice in New York since the 2010 union of Lovells and Hogan & Hartson, Hogan Lovells has made a senior hire to its Manhattan arm with the addition of Ronald Silverman from Bingham McCutchen.
