Magazine - March 2000

In publication since 1982, IFLR has become the trusted source for in-house counsel and law firms specialising in financial law.

Cover Story

  • The world’s leading international bond advisers

    IFLR’s unique data once again reveals the leading legal advisers on international bond issues. Linklaters tops the stand alone issues while Clifford Chance and Allen & Overy lead the market in securitization and MTNs. Rob Mannix reports

Features

News analysis

  • Online recruitment cuts out middleman

    UK legal recruitment consultancy Longbridge International has launched the legal section of its online recruitment service. The site, search-direct.com, is being touted as a unique forum whereby employers and candidates retain control of the recruitment process without the need for consultancies.

  • New head of derivatives for Baker & McKenzie

    Baker & McKenzie has recruited the head of derivatives at UK firm Hammond Suddards to its structured finance practice in London. Iona Levine joined the global firm at the beginning of February to head up its derivatives arm and is now one of six partners and 15 fee-earners in the firm's practice.

  • Weil Gotshal suffers London losses

    US firm Weil Gotshal & Manges has lost Maurice Allen, joint head of its London office, in what the firm has described as a mutual understanding. Allen resigned together with corporate partners Nick Holt and Martin Hughes. Holt specializes in equity transactions, Hughes in international bank finance. They were followed a couple of days later by Rachel Hatfield, a capital markets partner.

  • Name partners quit PwC legal aarm for rival

    Name partners Christopher Tite and Mark Lewis have resigned from Arnheim Tite & Lewis, the UK correspondent law firm of Big Five professional services firm PricewaterhouseCoopers (PwC). They have moved to big five rival Ernst & Young to help establish its legal arm.

  • Another Loeff Claeys partner jumps ship

    Independent Belgian firm Loeff Claeys Verbeke has lost its head of tax to the UK's Freshfields.

  • Salans Hertzfeld bolsters London office

    International firm Salans Hertzfeld & Heilbronn has added to its employment department in its London office.

  • IBA examines Pakistan Chief Justice dismissal

    President of the International Bar Association (IBA), Klaus Böhlhoff, has requested further information from General Musharaf and the Pakistani authorities, on the removal of Justice Siddiqui as the country's Chief Justice. Böhlhoff would also like an explanation on the suspension of several Supreme Court judges, as well as why the judges of Pakistan must now take an oath of allegiance to the President.

  • Lovells expands in central and eastern Europe

    Lovells has opened a new office in Hungary, moved to larger premises in Moscow, hired a new partner in London and relocated an existing Russian partner, as it continues its investment in central and eastern Europe. This follows the January 1 merger of UK firm Lovell White Durrant with Germany's Boesebeck Droste.

  • Shearman & Sterling nabs securitization expert

    US firm Shearman & Sterling has attracted leading London securitization partner Marke Raines from City firm Allen & Overy.

  • UK firms make further Asian in-roads

    UK firms are demonstrating their confidence in a resurgent Asia. Clifford Chance has opened in Jakarta. Linklaters has appointed a managing partner for the region. Rowe & Maw has linked up with a Hong Kong firm.

  • McDermott raids Theodore Goddard

    US firm McDermott Will & Emery has recruited Theodore Goddard's head of tax to its London office.

  • Vodafone Mannesmann agree to merge

    Mannesmann has agreed to a $176 billion merger with Vodafone AirTouch in a partnership that will create Europe's biggest telecoms company.

  • Baker & McKenzie acts on fibre optic network deal

    Baker & McKenzie has advised Bermuda company Pangea on the construction and related financing of a $436 million fibre optic network which will connect the UK, the Netherlands, Germany, Denmark, Sweden, Finland, Norway and Estonia.

  • Allen & Overy Thai deal boost to online securities trading

    UK firm Allen & Overy has helped close the draft stage of the first ever online Thai securities trading account agreement in Thailand.

  • Simmons and Squire Sanders jointly advise on Spanish Group’s UK entry

    Union Fenosa Desarrollo y Accion Exterior (Union Fenosa ACEX), Spain's third largest electricity company has retained the services of two law firms to advise on recommended mandatory cash offers by a subsidiary, for UK company Cambridge Water.

  • Baker & McKenzie completes Italian first

    Baker & McKenzie has acted as both international and Italian counsel to leading German bank WestLB, on a securitization of Italian lease receivables.

  • Simmons & Simmons advises on GEM listing

    UK law firm Simmons & Simmons has acted on behalf of investment bank ICEA Capital, in relation to the first privately owned Chinese company to list on the Growth Enterprise Market of The Stock Exchange of Hong Kong (GEM).

  • Bakers acts on Swiss double offer

    Swiss companies Clariant AG and Bobst SA have sought the advice of Chicago-based firm Baker & McKenzie, with their respective takeover offers, both of which were posted on January 31 2000.

  • Linklaters off to a winning start

    UK firm Linklaters has had a great start to the year, acting as lead manager to French bank Paribas on the first European securitization of the new millennium.

International briefings