ConvaTec’s $1.8bn float bright spot in a subdued autumn market
Linklaters and Freshfields Bruckhaus Deringer are advising on medical products company ConvaTec’s anticipated $1.8bn initial public offering (IPO).
Continue reading “Freshfields and Linklaters lead on largest post-Brexit IPO”
US firm takes first-time instruction from Freshfields client Phoenix
Skadden, Arps, Slate, Meagher & Flom is in line for a windfall after taking the lead role advising on Phoenix Group Holdings’ proposed £935m acquisition of Abbey Life Assurance Company from Deutsche Bank, pocketing a significant chunk of £17m in fees in the process.
Continue reading “Skadden impresses as it takes lead on Abbey Life acquisition”
Association with Fidelity Law to lead to joint office offering Chinese law advice
Hogan Lovells is the third international law firm to enter the Shanghai Free-Trade Zone (FTZ) after agreeing an association with local outfit Fujian Xiamen Fidelity Law Firm in October.
Continue reading “Hogan Lovells becomes third firm to launch in Shanghai Free-Trade Zone”
Melbourne office unlikely following Singapore closure
Dentons’ tie-up with Australian firm Gadens, announced a year ago, has been delayed, with Dentons confirming Gadens’ Melbourne office is now unlikely to join.
Continue reading “‘Each market is different’: Dentons’ Australian tie-up delayed”
Victoria Young reviews how global firms are positioning themselves to cash in on a market on the cusp
As the internationalisation of China’s currency continues, global firms are making much of the pioneering Yankee bond-style deals in the Chinese market, eyeing opportunities in the orient and beyond.
Continue reading “The Finance View: Global firms jostle for position in panda bond market”
PE DOUBLE FOR CC
Clifford Chance (CC) completed two major private equity deals in a month, advising as Cinven, Permira and Mid Europa Partners acquired Allen & Overy client Allegro for $3.3bn. In addition, CC acted for Cinven as well as CVC Capital Partners on the acquisition of consumer finance provider NewDay, opposite Slaughter and May, which advised long-time client and seller Värde Partners, and Jones Day, which represented the management of NewDay.
Continue reading “Deal watch: Corporate activity in November 2016”
Georgiana Tudor and Victoria Young talk to Tamara Box and Andrew Jenkinson about competing in the London market
Three years ago, Legal Business noted that an upwardly-mobile Reed Smith was, in its own understated fashion, making notable strides in the City under EMEA head Roger Parker. The London office had been performing well on the back of investment in lateral hires to develop its key sector groups. In 2012, London revenues jumped 21% to £114.7m from £94.5m, with Parker predicting UK revenues of $200m for 2013.
I thought I’d be suited to law because I’ve always been interested in people. And discussion and debate and argument.
Continue reading “Life during law: Quentin Poole, Gowling WLG”
Moore pulls together proposals for flexible model as lockstep set to evolve
With Magic Circle rivals Clifford Chance, Allen & Overy and Freshfields Bruckhaus Deringer having recently remodelled their remuneration structures following pay pressure from more profitable US firms, Linklaters has plans of its own.
Continue reading “What goes up: Linklaters to vote next month on new partner pay model”
Australia’s largest global insurer QBE is to launch a review of its UK claims panel, following the appointment of a new group general counsel (GC) earlier this year.
One partner, whose firm is tendering for the panel, told Legal Business that while the terms of engagement were not yet clear, the review was ‘imminent’. QBE refused to comment on the process.
Continue reading “QBE reviews UK panel following appointment of global GC”
