‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback Alex Ryan Early 2023 has been a tough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
The ESG Report: Litigation – Perpetual motion Alex Ryan ESG litigation is now a buzzword in disputes. Legal Business turned to litigators and funders to examine the market –…
‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback Alex Ryan Early 2023 has been a rough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
ClientEarth granted oral hearing to proceed with derivatives claim against Shell Alex Ryan ClientEarth has been granted an oral hearing to seek permission to proceed with its derivative action claim against Shell, the…
Revolving Doors: Africa and Middle East focus for international firms as energy dominates agenda again Alex Ryan The energy sector was the focus again for a number of London firms amid a busy round of hires last week,…
Pallas Partners files suits against Swiss regulator over Credit Suisse bond write-down Alex Ryan Pallas Partners is coordinating proceedings in the Swiss courts on behalf of around 800 Credit Suisse AT1 bondholders who held…
Particularly egregious? Market reacts over Credit Suisse buyout as bondholder litigation looms large Alex Ryan As the fall of Credit Suisse mobilises swathes of advisers, Legal Business asks whether the collapse will yield an influx…
PE lessons: Shearman’s losses and Cravath’s gains show the value of City buyout teams – and the dangers of misfiring Alex Ryan While it may be an oversimplification to say that there has been a certain inevitability to Shearman & Sterling’s decline…
‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner Alex Ryan Mark Sansom will take over from Claire Wills as London managing partner at Freshfields, the firm has announced. The move…
Ukraine war and currency take toll as PEP drops 20% at White & Case Alex Ryan White & Case was another firm to post muted financials for the last year, as a bullish 2021 gave way…
Revolving doors: Another departure from Shearman as firms make moves in finance and real estate Alex Ryan Debt finance specialist Rahul Chatterji became the latest partner to leave Shearman & Sterling this week, with Linklaters announcing that…
Feeling the chill? Kirkland reports just 8% revenue increase for 2022 Alex Ryan Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
‘A lot of grey areas’: India legal market liberalisation met with optimism though questions remain Alex Ryan While the international legal community has largely been sanguine at the Bar Council of India (BCI) opening the door for…
‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks Alex Ryan ‘Has the strategy changed? The short answer is: no, it hasn’t.’ That was the message from Hogan Lovells chief executive…
‘Crisis averted’: City banking and corporate partners react as HSBC acquires SVB UK Alex Ryan After a tense weekend of negotiations, the Bank of England announced on Monday (13 March) that HSBC would buy the…
‘A somewhat unique position’: Quinn Emanuel opens second mainland China office in Beijing Alex Ryan Quinn Emanuel Urquhart & Sullivan has announced the launch of a new office in Beijing, its second in mainland China…
Revolving doors: Private equity stays hot with high-profile departures from A&O and Travers Alex Ryan Sullivan & Cromwell made a major play last week with its hire of prominent private equity partner Karan Danamani from…
Pivot, pivot: Shearman names new senior partner in wake of failed Hogan Lovells merger talks Alex Ryan Shearman & Sterling has named respected litigator Adam Hakki as the senior partner successor to David Beveridge, as the firm…
Revolving doors: Cravath launches English law practice with two hires from Shearman Alex Ryan Cravath, Swaine & Moore launched an English-law offering last week through the hire of partner duo Philip Stopford and Korey…
Shearman and Travers hit with losses as recruitment turns to restructuring and leveraged finance Alex Ryan Ongoing talk of a merger with Hogan Lovells has prompted an exodus from Shearman & Sterling, with the departure of…
