Clifford Chance (CC) has advised longstanding client Barclays on its purchase of a $1.75bn (£1bn) chunk of collapsed investment bank Lehman Brothers. CC, which had been advising Barclays on its abandoned bid to acquire Lehman outright, fielded a team lead by corporate partner Guy Norman, with corporate partner Patrick Sarch, regulatory partner Chris Bates, restructuring partner Nick Frome and capital markets partner Ed Bradley assisting.Barclays has agreed to purchase a chunk of core assets from Lehman Brothers, including the fixed income, research departments, equities sales, and investment banking and trading operations in North America.
September 17, 2008 at 07:55 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has advised longstanding client Barclays on its purchase of a $1.75bn (£1bn) chunk of collapsed investment bank Lehman Brothers.
CC, which had been advising Barclays on its abandoned bid to acquire Lehman outright, fielded a team lead by corporate partner Guy Norman, with corporate partner Patrick Sarch, regulatory partner Chris Bates, restructuring partner Nick Frome and capital markets partner Ed Bradley assisting.
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