As part of a long-term plan for the City, Milbank is taking additional floor space in its office to make room for growth. The firm is adding an extra 15,000 sq ft in its 100 Liverpool Street home. This means that over the course of the next 10 years, the firm will be able to […]
Any City firm wanting to get serious in the transactional legal market has to be prepared to make considerable investments into its private equity practice, whether by attracting key hires or wooing big-ticket clients. But as firms compete for the attention of a Blackstone or EQT, Orrick Herrington & Sutcliffe is staying out of the […]
UK housebuilder Crest Nicholson is fending off advances from larger rival Bellway, with Norton Rose Fulbright and Slaughter and May at the helm. On Friday, Crest rejected Bellway’s second bid for the company in the last two months, which valued it at £650m. A merger of the two companies could create a business with an […]
An infrastructure partner from Linklaters is set to return to Latham & Watkins after just over a year at the magic circle firm. John Guccione is moving back to the US firm. He advises on a range of corporate and financing matters, with a particular focus on transactions involving regulated utilities, energy, and transportation assets. […]
Burges Salmon and Covington & Burling have led the listing of US-based medical technology group AOTI on the AIM market, as the London IPO space picks up. Burges Salmon corporate partners Dominic Davis and AJ Venter led for AOTI on the main ECM piece, along with associate Dan Wood. Support was provided by senior associate […]
US firm Paul Weiss Rifkind Wharton & Garrison has secured a new role representing private equity house Oakley Capital in a refinancing deal for portfolio company Phenna Group. The firm acted for Oakley and its portfolio business, a testing, inspection, certification and compliance platform, on a refinancing deal worth €1bn. The refinancing deal involved its […]
King & Spalding has raided US rival Cadwalader Wickersham & Taft for a four-strong partner team in London. Four partners are making the move, alongside one special counsel who will join as partner. On the funds finance side, partners Samantha Hutchinson, Mathan Navaratnam, Nathan Parker and special counsel James Hoggett will join. Partner Sukhvir Basran […]
Concerns over Royal Mail’s £3.5bn takeover by Czech-owned business EP Group have bubbled up over the weeks since the agreement was announced, with each side’s legal team coming up against a range of issues. Slaughter and May corporate partner Claire Jackson has been leading the transaction for Royal Mail’s parent company International Distribution Services (IDS) […]
It used to be that US firms wanted big new flashy private equity hires to promote their London brand, but for now the power players are in finance.
Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings have all scored roles on the Co-operative Bank’s £780m sale to Coventry Building Society (CBS). CBS made its cash offer to the banking company after months of exclusive talks between the two parties. As a result, Co-op will be expected to see a mass rebrand of its […]
Browne Jacobson has taken a team of five lawyers, including two partners, from EY in London as it looks to grow in the UK capital. Rowan Armstrong and Alex Mason are both commercial tech specialists. They are set to join Browne Jacobson in June, along with a legal director and two associates. Both Armstrong and Mason […]
Slaughter and May is leading for the owner of Royal Mail, which is poised to accept a takeover bid from Czech-owned EP Group (EP). EP’s bid values International Distribution Services (IDS) at approximately £3.5bn. Slaughters’ corporate team for IDS is led by partners Richard Smith and Claire Jackson. Kirkland & Ellis is leading for EP […]