After years of strong growth, the City’s mid-tier saw more mixed results in 2016 With Brexit looming large over the UK legal market, many of the second 25 of the LB100 have lost momentum. Outpacing the growth of leading players ranked in the top 25, last year firms including Macfarlanes, RPC and Nabarro defied critics …
Continue reading “The LB100: The second quartile – Short changed”
As brewing giant SABMiller’s global general counsel (GC) John Davidson prepares to stand down in 2017, up to 35 staff in the UK-based legal team are to be made redundant. In 2015, the world’s second-largest brewer became the focus of a takeover approach fromAnheuser-Busch InBev (AB InBev) (at press time valued at £79bn). Since the …
Continue reading “SABMiller legal team faces autumn redundancies as £79bn AB InBev deal closes”
The drawn-out legal battle between property billionaires, Vincent and Robert Tchenguiz, and those they hold responsible for the Serious Fraud Office (SFO)’s botched investigation into their business dealings has proved a costly affair. It has emerged they have already paid out a collective £5.1m legal bill to date in their £3bn litigation against Grant Thornton …
Continue reading “Tchenguiz brothers’ legal bill hits £5.1m in court battle against Grant Thornton”
It’s been a long career. I’m amazed at being here 27 years. People think that must be dull but I’ve had time abroad as a trainee in New York, in management in the Middle East, on secondment at the Takeover Panel. I don’t regret any of it.
The veteran corporate lawyer on memorable moments in deal making and untangling himself from Barclays ‘It was ambition that made me decide to leave Barclays,’ declares self-confessed deal junkie Michael Shaw, who resigned from his role as the bank’s deputy general counsel (GC) in the summer of 2015.
A post-Brexit landscape poses many legal hurdles for corporates operating within the UK. Legal Business asks senior in-house counsel how they plan to navigate the uncertainty Having seen Legal & General’s shares initially tumble on the Friday morning immediately after the UK’s vote to leave the EU – like so many financial services businesses – …
Continue reading “The new order – the first response for GCs to the post-Brexit environment”
Following talk of contention with local authorities over the legality of its Saudi Arabia office, Clifford Chance (CC) has reworked its operations in the region, and entered into an association with newly-established Abuhimed Alsheikh Alhagbani Law Firm (AS&H).
Fresh from finalising a major corporate reorganisation, Time Inc has also reshuffled leadership within its in-house legal team with the appointment of Lauren Ezrol Klein as general counsel.
Having successfully won a privacy battle at the Supreme Court in May, celebrity threesome couple PJS and YMA has dropped lawyers Carter-Ruck for fellow media boutique Schillings.
Shearman & Sterling and Goodwin Procter have taken the lead instruction on the sale of upmarket crisp and popcorn business, Tyrrells, to US snacks firm Amplify Snack Brands in a £300m deal.
