Allen & Overy (A&O) has reported a 3.6 per cent rise in revenue in the first half of 2015/16, with the firm’s turnover growing from £619.7m to £642m. The firm attributed a significant proportion of its growth to London, with its corporate practice boosted by several large M&A deals and equity capital markets (ECM) work. […]
Dentons has announced its fifth merger of 2015, confirming a tie-up with Luxembourg firm OPF Partners. OPF is one of the larger independent Luxembourg firms with 34 lawyers including nine partners. The merger will take effect on 1 January 2016. The news follows Dentons’ mergers with Chinese firm Dacheng, US firm McKenna Long & Aldridge, […]
A host of US firms are advising on telecommunications company Altice’s $17.8bn (£11.5bn) acquisition of US cable operator Cablevision, as the former continues to grow its presence in the US. Shearman & Sterling is representing Altice on the acquisition, with New York partners Creighton Condon and David Connolly leading the deal alongside of counsel John […]
Taylor Wessing has announced a merger with Dutch firm Deterink, which will give the firm two new offices in Amsterdam and Eindhoven. Deterink’s seven partners and 47 lawyers are to join Taylor Wessing from 1 September 2015, bringing the latter’s headcount numbers up to over 1,200 across 28 offices in Europe, the US, the Middle […]
Despite attacks on its tax system, Luxembourg is enjoying a solid reputation at the moment Luxembourg recently escaped inclusion on the European Commission’s tax ‘blacklist’. How important is this for the future of the jurisdiction as a domicile for corporate headquarters? Thierry Lesage, partner, Arendt & Medernach: Luxembourg has never seriously been considered for inclusion […]
Pinsent Masons has announced it is launching an office in Brussels before the UK votes on whether to leave the EU. The firm has not yet decided whether to make the office permanent and will make its decision based on the UK’s future relationship with the EU. No partners will permanently be based in Brussels. […]
Bird & Bird has announced that it has applied to the Luxembourg bar for approval to launch in the Grand Duchy, its 28th office worldwide. The planned Luxembourg office is aimed at supporting the firm’s work with the new Unified Patent Court (UPC), which will be based in the jurisdiction, as well as litigation before […]
Osborne Clarke has hired Taylor Wessing’s Brussels managing partner to join its real estate team in the Belgian capital. Christine Flion joins Osborne Clarke as a partner, with a focus on Belgian and foreign real estate investment transactions and finance. She also deals with real estate disputes, development projects, and town and environment planning. Flion […]
Intellectual property is the next weapon in Luxembourg’s armoury of business offerings – but first it must past the EC ‘state aid’ test With its favourable regulatory environment, landlocked Luxembourg has long been a centre of excellence for financial services. However, with crises and scandals rocking that sector for the best part of a decade […]
With a new three-year strategy in the offing and several recently launched projects still bedding in, 2015 has the potential to set a new benchmark at Simmons & Simmons. Managing partner Jeremy Hoyland is starting the year on a positive note after the firm’s half-year results in November revealed an 8 per cent boost in […]
Clifford Chance EU public policy head and competition partner Oliver Bretz is to leave the firm in the New Year to set up an independent competition law boutique. Bretz will set up the boutique in 2015, 16 years after joining the firm. The partner was formerly Clifford Chance’s antitrust head and became head of EU […]
Simmons & Simmons has announced plans to launch a five-partner office in Luxembourg to capitalise on the jurisdiction’s funds industry. The office will be led by partner Stéphane Ober, who joins from his own firm Ober & Partners. He is bringing with him fellow partner Pierre-Régis Dukmedjian. The duo will be joined by Arendt & Medernach […]