The European head of legal at leading Japanese investment house Nomura has resigned following a disagreement over the bank’s plans to restructure its internal legal function. David Mee resigned in late December ahead of an internal announcement by the bank that it was to radically restructure its transactional legal team. In a related move, Nomura’s former head of transactional legal Tom O’Riordan – who resigned to join the City arm of New York’s Cadwalader Wickersham & Taft last June – has agreed to return to Nomura and will report to head of risk management David Benson.

First reported on www.legalweek.net (2 January).