Four City firms have picked up fees amounting to millions of pounds, after advising on the collapse of Arcadia’s retail empire. Freshfields Bruckhaus Deringer racked up £2.6m worth during a six-month period, according to the latest progress report. As the main legal adviser on the matter, Freshfields has incurred almost 95 per cent of the […]
Linklaters is advising on the £420m sale of Topshop’s flagship Oxford Street store. Restructuring partner Richard Hodgson and managing associate Max Krasner have taken on the work for Interpath Advisory, KPMG’s former restructuring practice. In March, KPMG sold its UK restructuring practice to HIG Capital, renaming it Interpath. KPMG said that the decision to sell the […]
Shearman & Sterling has hired a second lateral in its restructuring practice this week, this time from Latham & Watkins. The US firm has taken on London partner Helena Potts, who has worked in the London office of Latham & Watkins for nine years. She has a focus on restructurings involving defined benefit pension schemes […]
Allen & Overy is among the firms advising as embattled financial company Greensill Capital files for administration. The magic circle firm is understood to have picked up the mandate for the company, with partners Katrina Buckley, Joel Ferguson and Ian Field at the helm of the team. They are working opposite their former A&O colleague […]
Simmons & Simmons has hired Bryan Cave Leighton Paisner’s EMEA head of restructuring. The firm has recruited Ben Jones to its restructuring and special situations team in London. Starting from May, Jones will rescind his role at BCLP, which he has held for four years first at legacy Berwin Leighton Paisner and then in its […]
Latham & Watkins has added another partner to its expanding restructuring and finance groups in London, with Bruce Bell joining from Linklaters. Bell was promoted to partner at Linklaters in 2005, having moved across as an associate from Wilde Sapte in 2000. In Latham’s restructuring group, he will be reunited with fellow Linklaters alumni such […]
Bryan Cave Leighton Paisner (BCLP) is looking to boost its team in Paris after a team raid by Addleshaw Goddard earlier this month. BCLP has taken on Didier Bruere-Dawson, who has been working in Brown Rudnick’s bankruptcy and restructuring practice since 2015. He previously spent 11 years at local Paris firm De Gaulle Fleurance & […]
The head of Weil Gotshal & Manges’ City restructuring practice is leaving the firm for Dechert. London partner Adam Plainer is departing after a decade. Plainer joined Weil from Jones Day in 2010. At the time, he had been given the remit of building up the practice when it comes to work across distressed M&A and […]
Goodwin Procter has recruited a restructuring partner from Baker McKenzie, the latest addition as part of a sustained hiring push in the City. The US firm has attracted partner Geoff O’Dea, who will leave Bakers next month after more than three years. O’Dea was hired from Freshfields Bruckhaus Deringer in 2017. That year, he joined […]
Reed Smith has hired a new finance partner from Sidley Austin, with the latter witnessing a spate of exits from its London outpost over the last few months. The US firm has taken on partner Jason Richardson, who will join its financial industries group. Richardson has spent most of his career at Sidley, which he has […]
Simpson Thacher & Bartlett has hired two partners from Freshfields Bruckhaus Deringer and Kirkland & Ellis as it kickstarts a restructuring practice in the City. The firm has recruited Adam Gallagher from the magic circle firm and James Watson from Kirkland. Gallagher is the more senior of the two hires, having been profiled in The […]
Slaughter and May and Freshfields Bruckhaus Deringer are acting on ASOS’ £295m acquisition of a clutch of high street brands from collapsed retail group Arcadia. Led by corporate partner Andrew Jolly, Slaughters is at the helm for ASOS which has taken on the Topshop, Topman, Miss Selfridge and HIIT brands for £265m, and a further […]