News
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White & Case CEE capital markets chief joins Chadbourne in Moscow
By Friederike Heine | August 26, 2010
White & Case's Central and Eastern Europe (CEE) capital markets head Simon Morgan has left the firm to join US firm Chadbourne & Parke in Moscow. Morgan joins Chadbourne's Moscow office as partner, as the New York-based firm moves to expand its capital markets practice in Russia and CEE.
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A&O relocates City partner to Hong Kong to lead Asia-Pacific corporate
By Friederike Heine | August 25, 2010
Allen & Overy (A&O) has relocated London partner Gary McLean to Hong Kong to take on the new role of Asia-Pacific head of corporate. The role was created in order to co-ordinate the firm's corporate presence throughout Asia and Australia. Global corporate co-head Sietze Hepkema commented: "The relocation underlines the firm's commitment to its presence in Greater China. Since the expansion of our Australian platform we needed someone to coordinate the effort across the region.
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Family ties help US law firm's London office land Tiger Woods divorce role
By Legal Week | August 25, 2010
US firm McGuireWoods has advised Tiger Woods' ex-wife Elin Nordegren on her high-profile divorce from the golfing superstar, reports The Am Law Daily. McGuireWoods, which entered the UK market in May last year through a merger with City corporate boutique Grundberg Mocatta Rakison, employs Nordegren's twin sister Josefin Lonnborg as a corporate associate in its London base.
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Hammonds set for transatlantic tie-up with US firm Squire Sanders
By Claire Ruckin | August 25, 2010
Hammonds is in advanced stages of merger talks with US firm Squire Sanders & Dempsey. Management at the two firms have held discussions about a merger over recent months, with the plan announced to their respective partnerships today (25 August). The process is currently in the due diligence stage, with the intention of confirming the merger on 1 January 2011 if the talks proceed successfully.
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Minter Ellison set to open up Beijing base
By Friederike Heine | August 24, 2010
Australian firm Minter Ellison is set to launch an office in Beijing in the latest example of an international law firm targeting the potential of China's legal market. The launch, which will be Minter's third platform in Greater China, is in line with the firm's strategy of tapping into China's strong appetite for investment into foreign markets, and to focus on capital flows in key niche areas.
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Dewey calls on clients to give more weight to diversity in partner ranks
By Legal Week | August 24, 2010
Dewey & LeBoeuf has called on general counsel to give greater consideration to firms that can offer diverse teams of partners, reports The New York Law Journal. The firm has sent letters to senior in-house lawyers encouraging them to give more work to external advisers that are able to field diverse teams, with the aim of helping female, minority and gay partners to develop their client bases. In the letter, Dewey encourages clients to "consider taking diversity into account on a more systematic basis when retaining outside counsel."
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CC appoints Spain real estate chief to head up global practice
By Sofia Lind | August 24, 2010
Clifford Chance (CC) has elected a new global real estate head with the firm's Spanish practice chief taking on the firmwide remit. Alfonso Benavides will take on the role from 1 September, suceeding Cliff McAuley, who is retiring from the firm. McAuley has led the real estate practice group for more than seven years after first being appointed in January 2003.
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Five-partner Hogan Lovells IP team quits for move to DLA Piper in LA
By Legal Week | August 24, 2010
DLA Piper has recruited a five-partner team from Hogan Lovells' intellectual property (IP) practice in Los Angeles, reports The National Law Journal. The group includes Richard de Bodo, a former IP practice leader at Hogan Lovells whose clients have included Dow Jones, News Corp and Panasonic.
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ECJ Advocate General rejects proposal for unified European patent litigation system
By Suzi Ring | August 23, 2010
The Advocate General of the European Court of Justice (ECJ) has declared that plans to form a European Patents Court are incompatible with EU treaties, marking a setback in the long-running campaign to create a centralised patent litigation system in Europe. The Council of the European Union requested the opinion of the ECJ last June, with the Advocate General's response on 2 July stating that: "As it stands at present, the envisaged agreement creating a unified patent litigation system is incompatible with the treaties."
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Slaughters and Links lead on HSBC's multi-billion South Africa bank bid
By Friederike Heine | August 23, 2010
Linklaters and Slaughter and May are advising on HSBC's proposed acquisition of a controlling stake in South Africa's Nedbank, a deal which could be worth up to R49.9bn (£4.4bn). Linklaters is acting for HSBC on its exclusive talks with Nedbank majority investor Old Mutual, with the magic circle firm's team led by corporate partner Robert Cleaver.
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