Eversheds Sutherland settles £100m Northern Rock negligence case
A £100m claim brought against Eversheds Sutherland by Northern Rock Asset Management (NRAM) has been settled. NRAM’s claim, which came to…
Financial services
‘Incredibly strong’ – debt counsel gear up for another boom year in leveraged finance
Nathalie Tidman finds lawyers bemused by crazy pricing and a wall of debt ‘Short of Trump nuking North Korea, I…
Finance
Yen Sum, Sidley Austin Operating in some of the most fluid areas of finance, restructuring and funds specialist Yen Sum…
‘A no-brainer’: Milbank hires four-partner Cadwalader team to upgrade City restructuring business
It has long been a prestigious New York shop without ever quite gaining critical mass in London, but Milbank Tweed…
Waiting for Carney – hard times and hard choices for restructuring counsel
‘Restructuring types will tell you the market’s just about to take off. It’s all going to hell in a handcart…
High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution
White collar specialists scramble in landmark prosecution White-collar crime specialists have scrambled across the City as the Serious Fraud Office…
‘Hugely complicated’: Watson Farley, White & Case, A&O line up on $14bn shipping deal
Watson Farley & Williams has advised a group of 27 international and local banks acting as financiers on a $14bn…
Hogan Lovells launches financial regulatory consultancy with PwC director appointment
Hogan Lovells is set to offer advice to through a new financial services regulatory consulting practice, hiring former PwC regulatory…
High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution
City white-collar crime specialists have been drafted in as the Serious Fraud Office (SFO) today (20 June) charged Barclays and…
Insolvency and Restructuring: Responsive approach to clients needs
Restructuring and insolvency situations call for practitioners who combine thorough legal expertise with in-depth knowledge of the market and a…
The Finance View – Polish and range assured but does CC still have ambition to excel in the cut-throat levfin world?
Victoria Young and Georgiana Tudor assess the Magic Circle firm’s deal finance practice ‘Clifford Chance (CC)’s decline has been significant,’…
‘Hugely complicated’: Watson Farley, White & Case, A&O line up on $14bn shipping deal
Watson Farley & Williams (WFW) has advised a group of 29 international and local banks who were acting as financiers…
Linklaters advises technology giant SoftBank on launch of $100bn investment fund
Linklaters has landed a significant mandate acting for SoftBank Group Corporation on the launch of the SoftBank Vision Fund, the…
Big leap forward? City reacts to Conservative manifesto pledge to scrap SFO
Theresa May’s pledge to scrap the Serious Fraud Office (SFO) and incorporate it into the National Crime Agency (NCA) has…
Too big to fail
Experienced financial regulation partner Bob Penn, who moved to Cleary Gottlieb Steen & Hamilton last year and advised HSBC on…
‘It’s not surprising’: Six finance partners leave Freshfields in practice shake-up
Changes follow on from 2016 strategic review Six finance partners left Freshfields Bruckhaus Deringer at the end of April, with…
CC takes first major transaction for Prudential Capital as government sells off loans
Clifford Chance (CC) has picked up its first significant deal for Prudential Capital Group in the UK government’s £11.8bn sale…
The Finance View – City finance teams pick spots as direct lending market hits the mainstream
Victoria Young assesses the advisers targeting the alt lending crowd ‘Almost every partner in our team is working on a…
Freshfields makes major New York play with three-partner bankruptcy hire from US firm
Freshfields Bruckhaus Deringer has announced the appointment of a three-partner bankruptcy team from Arnold & Porter Kaye Scholer, with the…
Weil adds to banking practice with Baker McKenzie infrastructure specialist Hibbert
Weil, Gotshal & Manges confirmed today (19 April) that it has hired infrastructure and real estate finance partner Paul Hibbert…