Restructuring and insolvency

Eugene F Collins merges with property firm

Second-tier Dublin firm Eugene F Collins has taken over commercial property and finance boutique GD Fottrell & Sons. Nine-partner Eugene F Collins is strongest in corporate, insolvency, IT and intellectual property law, and the addition of GD Fottrell’s practice will significantly strengthen the firm’s finance and property departments. Two GD Fottrell lawyers – John Territ […]

UK law firms fail to cash in on insolvency and restructuring

The legal fees on the 12-year BCCI insolvency reached £100m this year, with Lovells taking the lion’s share of the cash, while Allen & Overy made a staggering £31m for less than two years work on the restructuring of Marconi. But will corporate restructuring and insolvency work see City lawyers through the downturn? Not quite. […]

Foley opens Tokyo office with IP star

US firm Foley & Lardner has gained its first foothold in Asia by launching an office in Tokyo. The office, the firm’s second overseas office after Brussels, will initially be staffed by Marc Weinstein, an intellectual property (IP) associate who is being transferred from Washington. The office will also provide a part-time home for around […]

Two more jump ship at Khattar Wong

Eversheds‘ Singapore best friend Khattar Wong & Partners (KWP) has this week lost a partner and an associate, the latest in a string of defections over the past few months. Coudert Brothers has taken on shipping litigation partner Sin Lye Kuen to bolster the arbitration and litigation department. Also defecting to Couderts is fellow litigator […]

Asb Law sees profits surge 20%

South-East firm Asb Law has continued its rapid expansion of the past 24 months, taking on small Kent-based practice Mere-dith Smith and Pratt (MSP) as well as announcing an increase in turnover of almost 20 per cent. John Pratt, who founded MSP more than 13 years ago, has joined the corporate finance team as a […]

Mayer Brown promotes seven to partnership

Mayer Brown Rowe & Maw has made up seven partners in London, taking the partnership to 100. The new partners are Michael Brown in litigation and dispute resolution, Gary Cooper and Richard Smith in corporate, Christopher Fisher in employment, Nick Henchie in construction and engineering, Jonathan Moody in pensions and David Morrison in corporate/restructuring and […]

Property team quits Masons for Sprecher

A leisure and property management team of one partner, three associates and a consultant has quit Masons for niche insolvency and property firm Sprecher Grier Halberstam. Former Masons partner Anne Molyneux and her team, which specialises in contentious property matters, join another former Masons partner, Frances Alderson, who joined Sprecher a year ago. “I wanted […]

Conseco’s bankruptcy adds to US law firms fee bonanza

The boom in restructuring fees for US lawyers is continuing unabated as Conseco becomes the latest bankruptcy to add to the growing cash pile. According to a recent bankruptcy filing, a total of $10.2m (£6.3m) in fees and expenses have so far accumulated on reorganising the US financial services group, which filed for Chapter 11 […]

Jones Day loses bankruptcy chair

Second bankruptcy partner leaves to join Gibson Dunn in NY Jones Day has been struck by a second high-profile departure in bankruptcy, this time losing the chair of its restructuring group to Gibson Dunn & Crutcher. Highly-rated Richard Cieri has already moved across to Gibson Dunn, where he is based in the firm’s New York […]

4KBW seeks £1m from bankrupt Claims Direct

Robert Rhodes QC’s embattled 4 King’s Bench Walk (4KBW) is in talks with Claims Direct administrator Deloitte & Touche over some £1m owed for work it did for the claims management company. It is understood that several other chambers which used Claims Direct are also seeking payments. It is also understood that the Bar Council […]

The golden boy

Derivatives may not be the most exciting topic of conversation, but A&O’s Jeff Golden manages to keep Catrin Griffiths interested – if only for one afternoon Pay attention at the back. A man with a beard is going to talk about derivatives. Stick with this. The man with a beard is Allen & Overy (A&O) […]