The landmark Yukos decision has forced governments to consider the consequences of entering into international treaties that allow foreign investors to take disputes to arbitration. With the likes of Indonesia and South Africa having already torn up agreements, Russia having withdrawn from the Energy Charter Treaty that gave the Yukos shareholders jurisdiction and India mulling …
Tom Moore assesses the recent upheaval at Weil and talks to City head Francies about its ambitions Life has never been dull at the City arm of Weil, Gotshal & Manges, but even those familiar with the firm’s eventful run since its launch in the mid-1990s turned their heads at the departure this summer of …
US advisers take the lead on £5.6bn takeover of UK institution The Walgreen Company has instructed New York law firm Wachtell, Lipton, Rosen & Katz and Allen & Overy (A&O) to handle its acquisition of the remaining 55% of Nottingham-based chemist Alliance Boots in a £5.6bn deal. The pharmacy giant already has a 45% stake …
Continue reading “A&O joins US firms on Walgreens’ acquisition of Alliance Boots”
Weil, Gotshal & Manges has paid over £3m to settle a professional negligence claim made against it in late 2013 by private equity house Bancroft.
Simmons & Simmons has created a specialist trade mark practice in China, hiring George Chan as a partner from Asia Pacific IP agency Rouse to head the new agency.
Shearman & Sterling has advised European private equity group Bridgepoint on its £212m acquisition of Moneycorp, a foreign exchange provider, owned by SOF Investments which was advised by Slaughter and May.
Mishcon de Reya has appointed commercial partner Adam Rose as head of international development following Rita Jardim’s exit in July to launch Portuguese private client boutique Mayer Jardim.
The top jobs in the legal sector are still dominated by private schools, with ‘patchy evidence of Law, Medicine and Accountancy attempting to widen their search for talent’, according to a report published today by the Social Mobility and Child Poverty (SMCP) Commission.
Baker & McKenzie has become the latest law firm to open a legal services office in Belfast as greater differentiation between high and low value work appears within mandates.
Profits at Dechert’s UK LLP dropped 21% from £35m to £27.7m for the 12 months to 31 December 2013, according to filings recently made to Companies House, with total revenue falling to £67.7m from £70.0m.
