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Simpson Thacher and Uría act as Blackstone agrees €30bn property deal

Simpson Thacher & Bartlett and Uría Menéndez have led on the deal which will see Blackstone purchase a majority stake in Banco Popular’s €30bn (£27.2bn) real estate portfolio. The deal, which is subject to regulatory approval, will see the private equity giants transfer the portfolio to a new company of which it will own 51 […]

Freshfields autumn trainee retention slumps

Freshfields has posted trainee retention of 66 per cent for this autumn. The magic circle firm is keeping on just 27 of its 41 qualifiers this September, having made offers to 29. The firm made no comment as to its results except to point out that its five-year retention rate average is 82 per cent. Last autumn […]

Schoenherr advises Groupe PSA on acquisition of General Motors’ Austrian Opel operation 

Schoenherr has advised PSA Peugeot Citroën SA (‘Groupe PSA’) on the acquisition of General Motors’ Opel Austrian subsidiary and Opel manufacturing site in Vienna. The transaction, which was part of a EUR 2.2 billion takeover by Groupe PSA, was completed on 1 August 2017 after receiving approval from regulatory authorities including the EU antitrust authorities. The acquisition […]

Ogier lawyers nominated for Future Leaders Awards

Josephine Howe and Sevyn Kalsi from Ogier’s Jersey Private Client and Trusts team have been recognised as Future Leaders in Citywealth’s forthcoming awards. Both have already been named in Citywealth Top 100 Future Leaders List recognising the leading advisers in the private client world aged under 40. “We are very pleased about the nominations of […]

Goodman Derrick wins Court of Appeal case on accidental disclosure of privileged material

The common sense ruling by the Court of Appeal implies that lawyers must sort out accidental disclosure of privileged material amongst themselves. In Atlantisrealm Ltd v Intelligent Land Investments (Renewable Energy) Ltd, a privileged email was disclosed by mistake by a junior trainee at Goodman Derrick, the law firm acting for the defendants. The assistant […]

Aderant appoints support manager for EMEA region

Global legal software company Aderant are pleased to announce Alex Dinamarco has been appointed support manager for EMEA and will be based in Aderant’s London office. He is responsible for leading support excellence and client relationship in the EMEA region. Dinamarco brings more than 20 years of experience in accounting, finance, and IT project management […]

Simpson Millar announces new MP as owner calls in administrators

Simpson Millar has appointed a new managing partner nearly a week after its parent entity called in the administrators. Head of dispute resolution and Manchester-based Greg Cox will take on the role having been a partner at Simpson Millar since 2015. Prior to that he was a partner at Colemans-CTTS, which was purchased by Simpson […]

A&O and Skadden lead on £9.3bn Worldpay merger

Skadden Arps Slate Meagher & Flom and Allen & Overy (A&O) have led on the ongoing negotiations in Vantiv’s £9.3bn merger with alternative payment platform Worldpay. Ohio-based payment company Vantiv’s bid was formally accepted by Worldpay’s board and looks set to go through subject to shareholder and regulatory approval, creating a group with a combined […]