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Jones Day Sets Sights on Brazil
Add Jones Day to the growing ranks of global law firms setting up shop in Sao Paulo to chase cross-border deal work. The firm announced Monday that Luis Riesgo, chair of the firm's Latin American practice, will relocate to Sao Paulo to open its Brazilian office. Riesgo said he and the two partners joining him have begun the process of becoming licensed as consultants in foreign law in Brazil. If all goes well, Riesgo anticipates the office being fully licensed by the middle of the first quarter of 2011.Getting a Grip on European Data Transfers
European data privacy laws prohibit the transfer of personal data to jurisdictions whose laws don't provide protection for personal data equivalent to that provided in Europe (the "adequacy requirement"). At present, only a limited number of jurisdictions have laws -- and the U.S. isn't among them -- that satisfy this requirement.Latham, Cleary Have Deep Ties to Deals at Heart of Argentine Oil Nationalization
In addition to provoking an international imbroglio, the Argentine government's controversial move to partially nationalize YPF, the local subsidiary of Spanish oil giant Repsol, prompted The Am Law Daily to revisit Latham & Watkins's relationship with Repsol and to take a look at Cleary Gottlieb Steen & Hamilton's Argentina connections.Mishcon de Reya Closes Four-Year Deal for Chelsea Football Boss
Mishcon de Reya has scored a new client after advising Avram Grant on his new contract as manager of Chelsea Football Club. The relationship, which began after a referral from Grant's Israeli lawyers, saw Mishcon de Reya close out a deal on Dec. 12 worth a reported $5.03 million a year. The role adds to a client list for the London boutique that has previously included a number of football managers alongside celebrities such as Heather Mills and Diana, Princess of Wales.Skadden Helps Revlon Give Beauty Care Company a Makeover
Ronald Perelman–owned cosmetics giant Revlon, a longtime client of late Skadden, Arps, Slate, Meagher & Flom name partner Joseph Flom, is using the firm for counsel on its $660 million purchase of Spanish beauty care company The Colomer Group from private equity firm CVC Capital Partners.Baker & McKenzie Set to Launch in Casablanca
Baker & McKenzie has announced it will open an office in Casablanca, becoming the latest global firm to launch in the Moroccan metropolis as the African continent becomes increasingly popular with investors. Kamal Nasrollah, formerly a corporate partner with Paris-based August & Debouzy, will head up the office.Trending Stories
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