- Housebuilder Hill and housing association Peabody have launched a joint venture to kickstart £350m worth of development in east London.
- Walder Wyss has acted as Swiss counsel to First Quantum Minerals, a Vancouver, British Columbia-based mining and metals company, in relation to the issuance on 22 March 2017 of Senior Notes due 2023 and 2025 for a total amount of $2.2bn (guaranteed by certain of the company’s subsidiaries, including in Switzerland).
The team was led by Tervel Stoyanov (associate, banking & finance) and Thomas Müller (partner, banking & finance) and further included Mau
- Rui Amendoeira, head of VdA’s Oil & Gas department is to host a seminar on the legal framework around natural gas in Angola. The international and Angolan natural gas sectors are both on the agenda.
The event will take place in Luanda on 29 March next and targets directors, general managers, CEOs and legal advisers.
The post Legal framework around natural gas in Angola appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.
- Kinstellar has advised Helaba and ČSOB on the Czech law aspects of CPI Property Group‘s acquisition financing of a high-quality mixed-use retail and commercial portfolio in Central and Eastern Europe acquired from CBRE Global Investors. The transaction is valued at over €650m and includes 11 shopping centres across the Czech Republic, Poland, Hungary and Romania. It is one of the biggest retail real-estate transactions ever to have been completed in the region.The Kinstellar team
- Gateley Plc, has advised transformational private equity investor, Endless LLP on the acquisition of shoe retailer Jones Bootmaker from administration. The deal completed on Saturday, 25 March just nine days after the initial instruction.
The Endless vehicle purchased the business and assets of the retailer for £11m.
A national, cross-discipline team led by Gateley Plc’s Corporate Recovery team in Leeds included senior associate Matt Leech and partner William Ballmann. Other tea
- Fitness entrepreneur and former professional tennis player David Lloyd is gearing up to launch a new adventure park business, David Lloyd’s Adventure Parks.
- Slaughter and May has made up seven lawyers to partner, with promotions in IP and pensions for the first time in eight years.
The firm’s promotions round is smaller than last year when 10 lawyers joined Slaughters’ elite partnership.
However, it is considerably larger than in 2015 when four partners were made up.
A total of three of this year’s seven promotions are female – a considerable improvement on 2016’s results when just 10 per cent of those made up were wome
- Mayfair-based residential developer Southern Grove has teamed up with Bahranian investor Tadhamon Capital to launch a new student accommodation joint venture called Future Generation.
- Anbang was discussing buying stake in Fifth Avenue building in New YorkCritics had suggested China was seeking to curry favor with White HouseTalks between the family of Jared Kushner and a Chinese company seeking a stake in a Fifth Avenue skyscraper are over.The Kushner Companies confirmed on Wednesday that negotiations with Anbang Insurance Group to help fund redevelopment of the family’s office tower on Manhattan’s Fifth Avenue have ended. The news was first reported by the New Yo
- Following the official triggering of Article 50 this morning, law firms have begun to bulk up their Brexit taskforces and prepare for two years of unprecedented change.
So far, Freshfields Bruckhaus Deringer and DLA Piper have made key hires into their Brexit taskforces. More firms are expected to follow suit.
Freshfields has hired former European Commissioner Jonathan Hill as a senior adviser, while DLA Piper has hired ex-EU legal adviser to the House of Lords Paul Hardy as a lead Brexit specia
- Freshfields Bruckhaus Deringer client The London Stock Exchange Group has been told that it cannot proceed with its £21bn merger with Deutsche Börse, which was advised by Linklaters.
The prohibition from the European Commission brings to an end over a year of negotiations between the two financial groups.
The deal would have significantly expanded both LSE’s and Deutsche Boerse’s reach across Europe and was expected to have been an all-share merger of equals under a new ho
- Today, Prime Minister Theresa May will formally begin Brexit negotiations by triggering Article 50 of the Treaty of Lisbon in a letter delivered to Brussels.
- Bank of England figures for February show first fall in approvals in six months but credit card lending hits 11-year high Mortgage approvals fell for the first time in six months in February and consumers became more reliant on their credit cards to keep spending, according to the Bank of England.Approvals dipped 1.2% to 68,315 last month from 69,114 in January, the latest snapshot of lending from the central bank showed. This was lower than expected and the first fall since August, supporting o
- UK Prime Minister Theresa May’s letter has arrived, officially triggering the beginning of the end of the UK’s European Union membership.
As the hand-delivered letter reaches European Council president Donald Tusk, lawyers are preparing for difficulties and opportunities presented by the two years of transition until the UK is formally out of the EU.
With the UK and the EU parting ways we are entering unknown territory, with many potential pitfalls.In The Lawyer‘s exclusive Bre
- Shoosmiths has expanded its Venture Capital (VC) offering with the appointment of corporate partner Steve Barnett to its London office, from international law firm Orrick.
Specialising in venture capital work, Steve advises high-tech and fast growth companies at all stages of their development, from seed, angel and VC financings through to exit. He also regularly acts for investors in these companies.The post London partner to boost venture capital practice appeared first on The Lawyer | Legal N
- Ogier has advised one of the world’s biggest aluminium producers on the first ever Panda Bond offering by a foreign company outside of the interbank market on the Shanghai Stock Exchange.
The firm acted for aluminium producer Rusal, which is offering a three-year bond to private investors
Ogier worked directly with Rusal on the Jersey law aspects of the transaction and alongside Rusal’s locally appointed Chinese counsel who advised on the local law issues.The post First foreign compa
- Our Budapest office hosted a morning seminar to help clients better understand the key changes brought by the EU’s recently passed General Data Protection Regulation in relation to data security and the actions that companies in Hungary should take by May 2018.
Zsombor Orbán, Kinstellar Hungary’s data protection specialist, gave presentations on the data security issues covered under the GDPR and gave practical tips on performing an impact analysi
- BREXIT will today been triggered with the signing of Article 50 by Prime Minister Theresa May - but how will the Lisbon Treaty affect house prices across the UK?
- Following the triggering of Article 50 today, will London become less strategically important for European firms and clients? The Lawyer gathers thoughts from a core part of the UK legal market – the European firms in London.
Niamh Ryan, head of London, A&L Goodbody: London has always been an important location for us. We have a high level of business that originates from clients in the UK or through the UK as well as through working alongside UK law firms. With Brexit it will be
- The UK’s exit from the European Union could have unforeseen ramifications across the legal market. As part of The Lawyer’s upcoming Corporate Offshore report (out late April), we asked leading firms offshore for their reactions and predictions. What will be the immediate effect on Crown Dependencies? What might happen to capital flows? Are firms cautious or bullish? Read on..
Hassans: Even prior to Brexit, we have had to begin to adapt and will have to continue to adapt to external p
- Mayer Brown banking and finance co-head Dominic Griffiths is a partner in the firm’s London office.Dominic Griffiths‘Brexit’. A word that only entered our vocabulary recently, but one that sets families, friends and colleagues into fits of political wrangling, accompanied by hysterical warnings of economic Armageddon or (depending on your persuasion) a new dawn of political sovereignty, our very own ‘Independence Day’.
The majority of the London legal community is r
- Three White & Case partners have exited the firm for Noerr as it launches an office in Hamburg.
The trio will open Noerr’s new office in the city, making it the firm’s sixth base in Germany.
Four partners from Noerr will also relocate to Hamburg, with plans to grow lawyer headcount to 20 by the summer.
The White & Case team is comprised of the firm’s German corporate co-head Volker Land, who will lead the office alongside relocated Noerr partner Christoph Spiering.
- THE continuing rise in house prices has left many older homeowners sitting on a small fortune, in the shape of their properties.
- Costa Coffee has bought what will become Europe’s largest coffee roastery, in Basildon, Essex, from Prologis for an undisclosed sum.
- A UNIQUE former signal station which is now one of Britain's most southerly homes has been put on the market for £750,000.
- Galliford Try is frontrunner after rival declines to increase offer for Bovis, which has been under fire over badly built homesRedrow has walked away from buying Bovis Homes after deciding not to increase its takeover approach, clearing the field for rival housebuilder Galliford Try.Bovis, which is under pressure following severe criticism over the quality of its homes, a shock profit warning and the departure of its chief executive, confirmed on 12 March that it had received takeover approaches
- Khaitan & Co acted as the domestic legal counsel to the Government of India in relation to the offer for sale of equity shares of MOIL Limited representing 10% of its paid-up share capital for $72m.
The core transaction team included Sharad Vaid (Partner), Shilpi Jain, (Counsel), and Hirak Mukhopadhyay (Associate). The deal team also included Sudhir Bassi (Executive Director) and Madhur Kohli (Associate Partner).
The post Khaitan acts for India on MOIL shares sale appeared first on The Lawye
- The firm was named Law firm of the Year: Romania at the recent The Lawyer European Awards. This is an extract from the citation:
Maravela & Asociații was conceived as an alternative to the leading models present in the Romanian market, implementing a ‘no-work-during-free-time’ policy rare in the legal sector. This policy has not held back success. In the last year the firm has picked up numerous major new clients from across the globe, but particularly from Germany,
- Ogier has advised one of the world’s biggest aluminium producers on the first ever Panda Bond offering by a foreign company outside of the interbank market on the Shanghai Stock Exchange.
The firm acted for United Company Rusal, which is offering a three-year bond to private investors and is seeking to raise up to $1,450,000,000.
The offering will be launched in a number of tranches. The first tranche to be offered to private investors in China will be up to $145,000,000.
- Sarah Clarke QC, joint head of Sergeants’ Inn business and specialist crime team has been appointed to the Lloyds Law Reports Financial Crime Editorial Board.
Clarke has recently returned from the island of Montserrat, East Caribbean where she has been working on behalf of the FCO and CPS, with local lawyers in the High Court of Justice of the East Caribbean.
The post Sergeants’ Inn QC appointed to Lloyds Financial Crime Editorial Board appeared first on The Lawyer | Legal News and J
- Conyers Dill & Pearman is rebranding the Codan group of companies to Conyers Client Services.
Conyers Client Services provides corporate administration, secretarial, trust and management services to entities established in Bermuda, the British Virgin Islands, the Cayman Islands and Mauritius.
“We are an established leader in providing offshore services to an international client base and are proud to be rebranding our client services business to Conyers”, said David Lamb, Partner
- The firm is ranked in the third tier of eprivateclient Top Law Firms 2017. The list recognises UK law firms which are providing high-quality private client services to high net worth individuals based domestically and internationally.
The post Collyer Bristow ranked in eprivateclient Top Law Firms appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.
- Olivier Bustin, international managing associate in the Oil & Gas practice area, is to participate in the Agenda Africa Forum, an event hosted by the Iberian Lawyer in London on April 5.
The topic of the event is: ‘Sub-Saharan Africa. Turning the corner in 2017’.
Bustin will present on ‘Why invest now in DRC?’, and will share his view of the Democratic Republic of the Congo in particular and of the Francophone Africa in general.
Francophone Africa is a key r
- A PENSIONER named Elizabeth has found her modest flat is framed by an historic doorway - dating from ELIZABETHAN England.
- Global Alternatives will launch Prop-X, a property trading exchange for real estate investments, by the second or third quarter of 2017.
- Galliford Try in hotseat after housebuilder declines to increase offer for Bovis, which has been under fire over badly built homesRedrow has walked away from buying Bovis Homes after deciding not to increase its takeover approach, clearing the field for rival housebuilder Galliford Try.Bovis, which is under pressure following criticism over the quality of its homes, a shock profit warning and the departure of its chief executive, confirmed on 12 March that it had received takeover approaches fro
- Hogan Lovells, Mayer Brown, Morgan Lewis and Squire Patton Boggs among a flurry of firms to have made lateral hires in Singapore.Australia
Ashurst has added a third new partner to its Australian M&A practice since 2017. The firm has hired corporate partner Nigel Deed from Norton Rose Fulbright’s Sydney office, where his practice focused on infrastructure M&A transactions. He has more than 13 years’ experience in this area, and has strong expertise in advising equity participa
- Homes converted from London council offices are permitted to be far below national minimum size due to deregulation of planning rulesHundreds of tiny studio flats, many smaller than a budget hotel room, are to be squeezed into an eleven-story block in north London as its developer takes advantage of the government’s relaxation of planning regulations. Related: 'Rabbit hutch' homes should be consigned to the past, say architectsRelated: Could you live in a tiny house?Continue reading...
- DLA Piper has opened its fifth office in Latin America, entering a cooperation agreement with Peruvian firm Pizarro Botto & Escobar Abogados.
The firms will now operate under the name DLA Piper Pizarro Botto Escobar. Based in Lima, Pizarro Botto has a strong reputation across a wide range of sectors including M&A and corporate, banking and finance and projects and infrastructure.
DLA Piper global co-chairman of the Americas Roger Meltzer said: “We now have a presence in five of Lat
- Ashurst has hired two magic circle lawyers to boost its high yield finance practice in London.
Allen & Overy (A&O) senior associate Tamer Bahgat will join as a partner in Ashurst’s London banking team, focusing on European high yield.
Bahgat previously worked as part of the high yield bond group at A&O with particular experience in high yield debt offerings across a number of areas.
Natalia Sokolova has also joined the firm, having previously acted as counsel at Linklaters
- In one of the largest corporate reorganisations in the Austrian banking sector unlisted RZB merged with listed Central and European banking specialist RBI.
Schoenherr provided corporate and regulatory advice as well as due diligence support to RBI. The RBI legal team prepared a significant part of the corporate documentation in-house and Schoenherr worked closely with them on the drafting and implementation side.
The Schoenherr team was led by Peter Feyl (partner, banking & finance
- Marco Caldeira, Public law senior associate, was one of the speakers at the commemorative colloquium of the Code of Administrative Procedure on March 24. The conference was organised by the Lisbon Regional Council of the Portuguese Bar Association.
The lawyer spoke in his capacity as a guest assistant at the Faculty of Law of the University of Lisbon.
The post Commemorating Portugal’sadministrative code appeared first on The Lawyer | Legal News and Jobs | Advancing the busin
- In Planning Magazine’s Planning Law Survey No5 Barristers’ Chambers ranks at the top of several categories.
Christopher Young, rose to the top in the Juniors category. He also topped the Residential category and placed in the top five in Development Plan Examinations. Chris is joined in the list by Peter Goatley, Hugh Richards, Jack Smyth, Satnam Choongh, Thea Osmund-Smith, and James Corbet Burcher.
Martin Kingston QC retains his position
- Frederico Singarajah is to speak at the Bar Council LatAm event in Birmingham.
Singarajah will be speaking at this event, hosted by the Bar Council and the Law Society in Birmingham. It aims to inform barristers and solicitors about the opportunities that exist in the Latin American legal market. The event will include market briefings (Brazil, Mexico, Colombia and Central America) from Chambers of Commerce followed by a panel discussion on particular growth s
- Shoe retailer Jones Bootmaker has been sold to private equity firm Endless after it entered administration.
- The Corporate and commercial team has acted for an entity backed by venture capitalist Jon Moulton on the acquisition of Vertik-Al, an aluminium powder coating business in Birmingham.
Ragavan Arunachalam led the transaction for Collyer Bristow.
The post Collyer Bristow acts on Birmingham engineering acquisition appeared first on The Lawyer | Legal News and Jobs | Advancing the business of law.
- On February 2nd 2017, Christodoulos G. Vassiliades & CO. LLC attended the event “Shipping: An Industry of Passion, Knowledge and Experience-Part Two”.
The panel comprised of six key players from various areas of the shipping industry. Their experience undoubtedly contributed to the event’s success.
Craig Eason described his experience as a Seafarer and how he then found himself with a career in journalism. He urged the young audience to learn about Shipping and encoura
- The NUI Galway Alumni Awards recognise excellence and achievements among the University’s 90,000 graduates.
Dr Tom Courtney, Corporate Partner and Head of the Company Compliance and Governance Practice at Arthur Cox, was honoured with the Alumni Award for Law, Public Policy and Government. In this video he recounts the story of his journey into law, his formative years at NUI Galway and the vision that drove him on.
The post Tom Courtney wins NUIG Alumni Award appeared first on T
- Dechert has recruited London-based Kirkland & Ellis banking and finance partner Rob Bradshaw, the second hire in six months from the Chicago-based firm.
In November 2016, debt finance partner John Markland made the same move after 12 years at Kirkland, where he founded and led the European debt finance practice.
This move is part of a wider strategy for Dechert, as it aims to build up its London finance practice.
Bradshaw was made up in Kirkland in 2015 and focuses on financing transactions,
- Macfarlanes has promoted three of its associates to partnership.
The three who get the nod as of 1 May are M&A lawyer Richard Burrows, tax associate Jeremy Moncrieff and Sarah Ward of the banking and finance team.
Ward is the only one of the new partners to have trained with the firm, with Burrows having joined as a senior associates from Freshfields Bruckhaus Deringer and Moncrieff from Allen & Overy.
The number of promotions is smaller than last year, when
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