Freshfields is leading on the UK Government’s investment arm’s sale of shares in NatWest Group, while Linklaters is advising its longstanding bank client on the transaction. The Linklaters team is headed by corporate partner Lucy Reeve and managing associate Mackenzie Hewett. Linklaters is leveraging its enduring relationship with the UK bank. A few months back, […]
The world’s climate ambitions took a serious hit last week. With Donald Trump poised to return to the White House, there’s a strong chance the US will once again pull out of the Paris Agreement. This would leave the goal of limiting global warming to 1.5 degrees Celsius in jeopardy as the world’s largest economy […]
Following Sidley Austin’s sweep of seven finance partners from Latham & Watkins, both firms – and their rivals – are preparing for a surge in recruitment activity as associates mull their next move. Sources told The Lawyer they expect there to be “a stream of people joining Sidley in the next few weeks and months”. […]
The Solicitors Regulation Authority (SRA) has released the findings of its investigation into an ex-Allen & Overy Shearman partner, who was convicted of a drink-driving charge over the summer. According to the SRA notice, finance specialist John Goldfinch was arrested in April after his car collided with a parked unattended vehicle. When breathalysed at the […]
Freshfields has hired three lawyers from Weil Gotshal & Manges’ London office, in a move that connects its recent private capital hires in New York to the City. Weil partner Paul Stewart is moving across as Freshfields’s new global co-head of private credit and capital solutions. He will serve in this role alongside New York-based […]
Greenberg Traurig is launching a new practice in Poland with the hire of seven Dentons lawyers, The Lawyer can reveal. Leading the project and structured finance group in Warsaw will be partner Piotr Nerwiński, former co-head of the banking and finance team at Dentons, where he spent over a decade. He specialises in project and […]
Cravath Swaine & Moore has mounted a dramatic build-out of its English law debt finance practice in London with the hire of two Linklaters partners. Rohan Saha and Chris Medley are set to join the conservative New York firm as the 13th and 14th English lawyers in London. They will join partners Korey Fevzi and […]
Kirkland & Ellis has turned to genAI company Harvey for its first structured finance partner in the City. Suril Patel joins the US firm’s City office, having worked as VP of partnerships and more recently as an advisor at Harvey. Patel had joined Harvey in June 2023, not long after the company launched. Before that, […]
For the past decade, firms like A&O Shearman and Herbert Smith Freehills have been reaping the rewards of Belfast’s talent pool. But it was banking giant Citi that initially set up shop in Northern Ireland, with its in-house team now having global oversight of its legal functions. Citi’s legal department this year celebrated its 17th […]
A long-running case between luxury hotel company Macdonald Hotels (MHL), represented by Enyo, versus Bank of Scotland (BOS), defended by Herbert Smith Freehills, hit the courts yesterday (9 October) for a six-week showdown. The claimants, represented in the Commercial Court by Brick Court’s Tim Lord KC, argue the case is “strikingly different from a run-of-the-mill […]
Slaughter and May, Quinn Emanuel Urquhart & Sullivan and Jones Day head to court today (27 September) in a case brought by Standard Chartered against its own investors, in the first case arising from the termination of Libor. The legal battle, led by One Essex Court’s Kenneth MacLean KC, will play out at the London’s […]
Clyde & Co has transformed all its corporate loan facilities into sustainability-linked loans, providing a financial incentive to achieve its greenhouse gas emissions reduction targets. The firm first switched its credit facility with Barclays to a sustainability-linked credit facility in May 2023, which means the interest rate changes depending on whether or not Clydes meets […]