The London arm of the Spanish law firm Cuatrecasas is facing a lawsuit from British property tycoon Robert Tchenguiz’s company, Edgeworth Capital (Luxembourg), claiming €213 million (approximately $240 million) in alleged professional negligence. The dispute centers around a property deal involving Santander Bank’s Madrid headquarters, which has been previously valued at over $2 billion. Tchenguiz…
Gibson Dunn & Crutcher has strengthened its real estate practice by hiring another partner from A&O Shearman in London, marking its second significant acquisition from the firm in the past month. The U.S.-based law firm has successfully onboarded Hayden Cameron, a move that follows the recent transition of Mark Manson-Bahr, the former global head of…
As global political climates shift and the rule of law faces threats, lawyers find themselves under increasing stress. This situation presents challenges not only due to targeted attacks on legal professionals and firms but also due to broader assaults on fundamental aspects such as civil rights and the judiciary. Legal professionals are grappling with these…
In a significant cross-border investment transaction, major Indian law firms JSA Advocates and Solicitors, AZB & Partners, and S&R Associates are playing a substantial role in facilitating the sale of a $1.6 billion stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC). This acquisition positions SMBC, headquartered in Tokyo, to become the largest…
Amid a notable trend of senior regulatory figures transitioning into private practice, Michael Hershan, formerly litigation counsel at the Australian Securities & Investments Commission (ASIC), has joined MinterEllison’s dispute resolution practice in Melbourne. Hershan’s move highlights the increasing migration of talent from regulatory bodies to law firms. With 15 years of experience in regulatory and…
In times of increasing political uncertainty and challenges to the rule of law, lawyers are experiencing heightened stress levels, exacerbating a longstanding struggle with mental health within the profession. This issue, highlighted in a month focused on mental health awareness, is particularly acute in regions experiencing a shift toward autocracy. According to The Global Lawyer,…
The Convention on the Protection of the Profession of Lawyer is on the brink of ratification, marking the first internationally binding treaty focused solely on safeguarding legal professionals. Proposed initially in 2016, this treaty responds to the alarming rise in violence, murder, and threats against lawyers in Council of Europe member states. The Council of…
In a notable shift within the Middle East’s legal landscape, Greenberg Traurig has successfully attracted a leading banking partner from Dentons, significantly bolstering its regional presence. Alex Roussos, previously the co-head of Dentons’ Middle East banking and finance team and the Dubai managing partner, will now spearhead Greenberg Traurig’s capital markets practice in the UAE…
The murky economic climate has prompted several law firms in Paris to bolster their restructuring practices. Notable among these firms are King & Spalding, Reed Smith, White & Case, Winston & Strawn, and the French firm Jeantet. These expansions come at a time when large-scale restructurings in France are grabbing attention, including high-profile cases involving…
In a significant legal move, Mexican President Claudia Sheinbaum has announced that Mexico has initiated legal proceedings against Google. The lawsuit pertains to Google’s alleged renaming of the Gulf of Mexico to “Gulf of America.” This renaming effort is said to align with an executive order issued by U.S. President Donald Trump that aims to…
The European Union has reached an agreement to establish a special tribunal aimed at prosecuting senior Russian officials for the invasion of Ukraine. This represents a concerted effort by EU nations to address war crimes committed during the ongoing conflict that began in February 2022. This new tribunal, modeled after the Nuremberg trials, will offer…
In a significant move aimed at addressing the legal gaps in prosecuting war crimes, European Union countries have reached an agreement to establish a special tribunal to try senior Russian officials, including President Vladimir Putin, for the invasion of Ukraine initiated in February 2022. This tribunal is seen as a necessary supplement to existing international…
In a significant legal development, a U.S. appeals court in Miami has ruled in favor of allowing creditors and service providers of Oceanografia, a defunct Mexican oil services company, to proceed with a lawsuit against Citigroup. The court found that the bank may face charges of allegedly assisting in orchestrating a substantial fraud scheme. Read…
The European Union has arrived at a consensus on the creation of a special tribunal to prosecute Russian President Vladimir Putin and other senior Russian officials for their roles in the invasion of Ukraine, which occurred in February 2022. This tribunal takes inspiration from the Nuremberg trials, representing a significant legal and political effort to…
The Solicitors Regulation Authority (SRA) has taken disciplinary action against Thomas Elliott, a former project coordinator at Eversheds Sutherland in the United Kingdom. Elliott was banned from the legal profession following his attempt to charge a counterparty more than £135,000 for work that Eversheds had agreed to perform on a pro bono basis. The case…
In a significant regulatory development, the Solicitors Regulation Authority (SRA) has banned a former Eversheds Sutherland UK employee following an attempt to charge the firm over £135,000 for work designated as pro bono. Thomas Elliott, previously a project coordinator at the firm, was involved in introducing a local sports club player to Eversheds, where the…
In a strategic move to bolster its team, U.S.-based law firm Paul, Weiss, Rifkind, Wharton & Garrison has announced the hiring of a second A&O Shearman partner in London within a 24-hour period. Telecoms and technology expert Tom Levine is reported to be joining the firm’s London office, as Paul Weiss continues to strengthen its…
The British Legal Awards, organized by Law.com International, have opened entries for the 2025 edition. This annual event, now in its 16th year, continues to celebrate excellence in the legal industry by recognizing outstanding law firms, individual lawyers, and legal teams. The upcoming awards have expanded their scope with the addition of eight new categories,…
In the midst of its impending merger with Kramer Levin Naftalis & Frankel, Herbert Smith Freehills (HSF) sees another private equity partner depart. David Lacaze, who specializes in private equity real estate and was based in HSF’s Paris office, has transitioned to Norton Rose Fulbright. This follows a recent trend of several private equity partners…
American labor and employment firm Fisher Phillips has announced the opening of its first office in Asia, located in Tokyo. This expansion is in response to the growing demand from American and multinational companies operating in Japan, as well as Japanese companies doing business in the Americas. Fisher Phillips is ranked 167th on the Global…
The trend of U.S. law firms expanding their presence in London shows no signs of slowing down. Recently, Akin Gump Strauss Hauer & Feld and Pillsbury Winthrop Shaw Pittman have augmented their London teams. This includes Akin making two lateral hires this week: an arbitration partner from White & Case and a technology partner from…
Latham & Watkins’ London office has been actively engaged in two significant transactions within the gaming industry this week, underscoring the sector’s growing potential for generating substantial business for legal firms. Notably, the firm represented private equity giant CVC Capital Partners as they secured a $2 billion minority stake in Dream Games, a mobile gaming…
Linklaters has announced a bolstering of its leveraged finance practice within its London office through the recruitment of two prominent partners, Peter Hayes from Paul Hastings and Angel Quek from Latham & Watkins. This strategic move follows another recent hire made by the firm in April, reflecting Linklaters’ ongoing commitment to enhancing its financial practice…
Singapore and the European Union have recently signed a trade agreement referred to as the EU-Singapore Digital Trade Agreement. This pact is an addition to the existing EU-Singapore Free Trade Agreement established in 2019. The new agreement is targeted towards enhancing digital commerce, reflecting a shift towards bilateral trade arrangements amidst a backdrop of economic…
Foreign legal practices enthusiastic about entering the Chinese market are increasingly considering Joint Operations (JOs) as a potential model for collaboration with local firms. This model enables foreign and local firms to present a unified offer to clients, promising seamless access to both domestic Chinese and foreign legal expertise. Although similar to the Formal Law…