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  • Simmons & Simmons grabs two deals in Hong Kong
    Simmons & Simmons has been used as adviser on two of Hong Kong's largest recent deals, underlining its status in the market. In the first, the UK firm advised Pacific Century Cyberworks (PCCW) on its acquisition of Cable & Wireless HKT. The successful bid is one the largest takeovers in Asia with a value of $36 billion. Cable & Wireless owns a 54% stake in HKT. The merger will make PCCW the third largest company on the Hong Kong Stock Exchange.
    March 31 2000
  • Shearman & Sterling recruits non-lawyer to board
    US law firm Shearman & Sterling has hired a non-lawyer, Clinton Kendrick, to its executive board. The firm calls Kendrick "an international financial services executive and entrepreneur". He joins the firm from Matrix Global Investments, where he was CEO. The other members of the four-man board are: Stephen Volk, senior partner; Whitney Pidot, managing partner; and David Heleniak, European coordinator.
    March 31 2000
  • Jones Day’s London chief heads to Allen & Overy
    Stephen Fiamma will leave his position as partner-in-chief of the London office of Jones, Day, Reavis & Pogue on April 30 and will join Allen & Overy as a tax partner. Robert Thomson, an English lawyer and former head of litigation at Jones Day, will take over as partner-in-chief at the US firm's London office.
    March 31 2000
  • Austrian firms poised to respond to rumour frenzy
    As the argument for embracing a loose alliance of pan-European law firms subsides, Austrian firms seek to strengthen their international ties with a view to a possible merger. Stephen Mulrenan reports
    March 31 2000
  • Two heads are better than one at Garrigues & Andersen
    Garrigues & Andersen, has appointed Jose Maria Alonzo and Miguel Gordillo as joint managing partners. The directors of Garrigues voted unanimously to maintain the joint-management system that was introduced three years ago when the Spanish firm merged with the big five's Arthur Andersen. They replace Daniel Garcia-Pita and Alberto Terol. Antonio Garrigues will remain as president.
    March 31 2000
  • Haarman Hemmelrath opens in Moscow
    German firm Haarmann Hemmelrath has added to the recent opening of offices in London and Brussels by moving into Moscow. The new office complements to the firm's existing eastern European network which includes Prague, Warsaw, Bucharest and Budapest.
    March 31 2000
  • Clifford Chance scoops leading Lovells securitization lawyer
    Clifford Chance has boosted its international securitization practice by attracting one of Lovells' leading capital markets partners, Peter Voisey. The loss will be a blow to Lovells and gives Clifford Chance a total of eight partners in its stand-alone group.
    March 31 2000
  • Canadian market wakes up as five firms merge
    Five Canadian law firms have merged to create the country's second largest firm, Borden Ladner Gervais, with nearly 600 lawyers. The new entity brings together members from each of Canada's important financial centres. Borden & Elliot, the largest, is based in Toronto, McMaster Gervais in Montreal, Scott & Aylen in Ottowa, Ladner Downs in Vancouver and Howard, Mackie in Calgary. The new firm came into existence on March 1.
    March 31 2000
  • All change as Freehills adopts national partnership
    The regional partnerships of Australia's Freehill Hollingdale & Page voted at the start of March to adopt a single national partnership. The new arrangement will become effective as of July 1 of this year.
    March 31 2000
  • Securitization in the shipbuilding industry
    Securitization techniques are being adopted in increasingly unusual ways. Richard Henderson of Watson, Farley & Williams, London, summarizes the available structures for ensuring off balance sheet financing for shipbuilders
    March 31 2000
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