Clifford Chance, Gibson, Dunn & Crutcher, Garrigues, and Stibbe have played pivotal roles in advising on the significant €1.2 billion sale of Livensa Living, a portfolio of student housing properties across Iberia, to Nido Living, a student accommodation platform backed by Canada Pension Plan Investment Board. Notable contributions came from Gibson Dunn’s real estate partners,…
The Dutch legal sector is potentially on the cusp of a transformative change as the Dutch bar association considers a significant policy shift. This change would allow for a revision of the current restrictions that mandate law firms to be exclusively owned by bar-registered lawyers. Such a modification could open the gates for private equity…
Clifford Chance and T&C Law Firm are playing crucial advisory roles in the $1.2 billion IPO of Zhejiang Sanhua Intelligent Controls, a key global player in the refrigeration, air conditioning, and thermal manufacturing sectors. This public offering, taking place on the Hong Kong stock exchange, exemplifies the growing trend among Chinese companies to pursue “A…
London’s High Court has denied a motion from Debevoise & Plimpton to dismiss significant claims against Shell regarding an oil spill in Nigeria’s Niger Delta. The ruling allows the case, brought by two Nigerian communities, to advance towards trial in March 2027. The legal battle has drawn considerable attention due to allegations against Shell and…
The litigation funder responsible for backing a £3 billion legal claim against Apple has experienced a significant drop in its share value. This change comes in the wake of several “adverse case outcomes,” which have further impacted market confidence in the company. As stated by the company’s CEO, the period has been particularly “challenging” for…
The newest rankings from Law.com International highlight the prominent presence of law firms in the Middle East, with Al Tamimi & Co, Clyde & Co, and DLA Piper occupying the top three spots. Al Tamimi, in particular, continues to dominate, boasting a network of over 580 lawyers across 17 offices in ten countries. The list…
“`html In a strategic move to bolster its capital markets expertise, Haiwen has recruited Sherry Cui, a veteran debt capital markets partner from Linklaters, along with her former associate Leeza Lee. Both lawyers will be based in Hong Kong and bring with them a wealth of experience from their tenure at Linklaters. Cui, who worked…
Charles Russell Speechlys has strengthened its presence in Singapore by bringing in two new disputes partners, Gavin Margetson and Henry Winter, from Mishcon de Reya. This move is part of the firm’s ongoing efforts to expand its capabilities in the private capital sector, a strategy that has involved multiple strategic hires in both Singapore and…
The landscape of legal partnerships is witnessing a significant shift as the prevalence of all-equity partnerships declines, giving way to the rise of nonequity or salaried tiers. A major influence in this transition has been the strategy employed by Kirkland & Ellis, which has successfully integrated a robust salaried partner tier. This model not only…
Iran’s legal sector is experiencing substantial disruptions amidst heightened tensions and infrastructural challenges due to the ongoing conflict with Israel. These challenges have led to limited communication capabilities, disrupting operations significantly. Consequently, numerous law firms have been compelled to either close temporarily or significantly reduce their activities. As a result, there is a marked decline…
In recent developments within the legal industry, firms such as Goodwin Procter and Cleary Gottlieb Steen & Hamilton are strategically withdrawing from Frankfurt. This has prompted a wave of inquiries into the current state of Germany’s legal market, once considered promising for international law firms. The closures bring to light significant questions regarding the decision-making…
O’Melveny & Myers has announced a series of leadership changes, which include the elevation of securities litigation co-chair Matthew Close to the role of vice chair. This appointment is part of a broader reshuffle within the firm’s management, including four new members joining the management committee. Additionally, the firm has appointed new heads for its…
The legal battle over oil spill claims in Nigeria’s Niger Delta took a significant turn as London’s High Court refused to dismiss key allegations against Shell. These claims, brought forward by two affected Nigerian communities, are set to proceed to a trial scheduled for March 2027. The decision came despite efforts by law firm Debevoise…
The recent uptick in Initial Public Offerings (IPOs) in Gulf countries, spearheaded by major U.S. and U.K. law firms such as Gibson Dunn, Latham & Watkins, Linklaters, and Baker McKenzie, faces potential disruption due to escalating tensions between Israel and Iran. The conflict raises concerns about regional stability, which is pivotal for sustained capital market…
The vibrant surge in capital markets activity across the Gulf region, prominently driven by initial public offerings (IPOs), is receiving strategic guidance from top U.S. and U.K. law firms like Gibson Dunn, Latham & Watkins, Linklaters, and Baker McKenzie. However, the escalating tensions in the Middle East, particularly the conflict between Israel and Iran, present…
General counsels (GCs) in major banks once enjoyed significant leverage in negotiations due to their substantial influence within the financial sector. However, with the rise of tech giants like Apple, the dynamics have shifted considerably. Apple has become a pivotal gatekeeper with access to millions of bank customers through its technology and services. As a…
In a significant procedural move, Australian mining giant BHP, represented by Slaughter and May, has filed for an injunction against the U.K. firm Pogust Goodhead. This legal action is a recent development in the ongoing Municipío de Mariana v. BHP Group class action, a protracted case tied to the disastrous collapse of the Samarco dam…
HSF Kramer, a newly-formed transatlantic law firm, has announced a significant strategic hire by bringing on board Alison Hardy, the former head of real estate dispute resolution at Ashurst in London. The move sees Hardy taking charge of the real estate dispute resolution practice at HSF Kramer. She had previously been with Squire Patton Boggs,…
Beijing-based Han Kun Law Offices has expanded its international footprint with the opening of an operation in Silicon Valley. This marks the firm’s third international office and its second in the United States. Corporate partner Melody He, who joined from Ashurst, will lead the new Silicon Valley office. For more details, visit the original article.
“`html The prospect of artificial intelligence assuming roles as directors in the boardroom raises significant questions about their legal feasibility, particularly within the framework of the U.K.’s Companies Act 2006. The legislation mandates that a “person” must fulfill directorial duties, thereby excluding AI due to its inability to execute nuanced, human-centric responsibilities. These legal requirements,…
Amid escalating tensions between Israel and Iran, legal professionals are facing unprecedented challenges. Lawyers from prominent firms such as Greenberg Traurig, Sabeti & Partners, and Meitar are striving to maintain legal order and serve clients amidst shutdowns, heightened uncertainties, and significant personal risk. This has necessitated rapid adaptation to ensure continued client services amidst a…
Greenberg Traurig has strengthened its private equity team in London with the addition of a new general counsel. This move comes as the firm’s London private equity practice is relatively new, having been established just 10 months ago in September 2024. For further details on this development, read the original coverage on Law.com.
The European Union’s highest court received a recommendation from its top legal adviser to uphold a significant antitrust penalty on Google. The recommendation pertains to a €4.1 billion ($4.7 billion) fine levied in 2018 by EU officials who accused Google of violating strict competition regulations within the bloc. This fine represents the largest antitrust penalty…
Australia is gearing up for a thorough examination of its primary sharemarket operator, the Australian Securities Exchange (ASX). This investigation is driven by concerns from the country’s financial regulator and the central bank regarding the ASX’s ability to uphold a stable, secure, and resilient market infrastructure. The initiative follows multiple settlement system failures, prompting the…
In the evolving landscape of European restructuring, Liability Management Exercises (LMEs) have emerged as a notable tool for law firms and lenders. These American-style processes are increasingly being adopted, but their aggressive use might strain future relationships with lenders. Law.com delves into how LMEs could affect client relationships and the potential implications for future mandates….