Allen & Overy (A&O) has continued its expansion in the US with the appointment of Eugene Ingoglia to its investigations and litigation practice in New York, its third litigation hire in the US in a month. Continue reading “A&O continues US expansion with third litigation hire in a month”
Freshfields latest to bulk up in the US with Cadwalader corporate hire
Freshfields Bruckhaus Deringer has boosted its US platform, taking corporate partner Aly El Hamamsy from Cadwalader, Wickersham & Taft. Continue reading “Freshfields latest to bulk up in the US with Cadwalader corporate hire”
Linklaters votes for Moore’s lockstep reforms but controversial features dropped
Linklaters partners have voted today (3 November) to accept changes to the firm’s lockstep that will provide more flexibility in moving partners on the ladder.
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Deal watch: Corporate activity in October 2016
CC and Davis Polk On $8bn China IPO: Davis Polk & Wardwell advised Postal Savings Bank of China on its Hong Kong Stock Exchange float, with Clifford Chance leading for the underwriting banks, including JP Morgan Chase and Goldman Sachs. King & Wood Mallesons acted as Chinese counsel to the banks, while Haiwen & Partners was Chinese adviser to Postal Savings Bank.
Continue reading “Deal watch: Corporate activity in October 2016”
Magic Circle trainee retention: Slaughters middle of the pack with 89% rate
Slaughter and May is the last of the Magic Circle to post its autumn trainee retention figures, with a rate of 89%, making it the third best of the Magic Circle elite.
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Tokyo deal wave anticipated following SoftBank’s £24.3bn ARM takeover
Lawyers working on the £24.3bn ARM Holdings takeover by Tokyo-based telecoms group SoftBank expect more M&A deals to come out of Japan after Slaughter and May, Freshfields Bruckhaus Deringer, Davis Polk & Wardwell and Morrison & Foerster (MoFo) scored roles on the deal.
Slaughters advised its long-term client, chip designer ARM, on the largest-ever acquisition of a European tech business. Senior partner Steve Cooke led on the deal alongside corporate partner Chris McGaffin and Brussels competition partner Jordan Ellison. Davis Polk worked alongside Slaughters advising ARM, with a team including managing partner Thomas Reid and London-based corporate partner Reuven Young.
Continue reading “Tokyo deal wave anticipated following SoftBank’s £24.3bn ARM takeover”
Clifford Chance latest Magic Circle firm to boost New York office with restructuring hire
Clifford Chance (CC) has tapped Chadbourne & Parke for restructuring lawyer Douglas Deutsch, its second hire to the New York office this week.
In the bank: Global 100 firms bill £14.5m on mega ARM acquisition
US and Magic Circle advisers on the mega acquisition of ARM holdings by Japanese group SoftBank will together rake in £14.5m in fees, the latest deal documents show.
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Freshfields leads the pack as London’s big four continue flat financial trajectory
Firm posts impressive 8% PEP hike and 7% revenue increase despite headcount drop
With the unaudited results of firms in, Freshfields Bruckhaus Deringer has produced the standout 2015/16 financial performance in what was another muted year for the City’s most powerful law firms.
Magic Circle firms lead on £615m Swiss takeover of British electronics company
Allen & Overy (A&O) and Slaughter and May have advised on the acquisition of British electronics company Premier Farnell by Swiss manufacturer Dätwyler for £615m.
A&O advised Leeds-based Premier Farnell, while Slaughters acted for Dätwyler on the transaction.
Announced in June, the deal sees London-listed Premier Farnell, which produces the Raspberry Pi single-board minicomputer, join the Swiss multinational. The deal is expected to be completed in the fourth quarter of 2016.
Continue reading “Magic Circle firms lead on £615m Swiss takeover of British electronics company”