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Hogan Lovells moves into Mexico with BSTL bolt-on

Hogan Lovells is set to open its second and third Latin American offices in 2014 after bolting on Mexican firm Barrera Siqueiros y Torres Landa (BSTL). The deal will add two new offices to Hogan Lovells’ collection, in Mexico City and Monterrey, comprising about 70 lawyers including 16 partners. The new offices bring the firm’s…

HSF recruits from Taylor Wessing for sixth German partner

Herbert Smith Freehills (HSF) has picked up Taylor Wessing competition partner Michael Dietrich to bring the number of partners in Germany to six. Dietrich is the first competition partner to join HSF in Germany following the firm’s launch there in April last year (13 February 2013). He joins corporate partners Ralf Thaeter and Nico Abel…

Bird & Bird allies with Turkish firm BTS

Bird & Bird has further expanded its horizons with the announcement of a cooperation agreement with Turkish firm BTS & Partners. The three-partner Istanbul firm focuses on technology and media, and has already worked with Bird & Bird on “a surprisingly large number of things”, according to CEO David Kerr. The agreement is the latest…

Trio of City boutiques team up with Buzzacott to launch professional advisory service

Boutique firms CM Murray, Hierons and Maurice Turnor Gardner have joined forces with chartered accountants Buzzacott to go to market as a one-stop-shop for professional practices. Collectively dubbed the Professional Practices Alliance, the firms aim to pool their resources in a bid to capture the lion’s share of advisory work to professional services firms. In…

Corrected Bar Council figures show 40 per cent drop in tenancies in single year

The Bar Council and Bar Standards Board have re-released tenancy figures, after human error caused the two bodies to release the wrong statistics as part of their annual Bar Barometer report for 2014. The corrected statistic shows that the number of tenancies dropped by 38 per cent in a single year, from 541 newly-registered places…

Foley Hoag bolsters Paris with White & Case hire

US firm Foley Hoag has added its sixth partner in Paris with the hire of White & Case arbitrator Philippe Sarrailhé. Sarrailhé’s appointment follows the hire earlier this year of Winston & Strawn partners Carine Le Roy-Gleizes and Frédéric Scanvic, along with fellow environmental law specialist Corentin Chevallier who was a senior associate at Winston…

A&O and Herbies advise as Tui merges with Tui

Allen & Overy and Herbert Smith Freehills (HSF) are advising German-headquartered travel group Tui AG and its UK subsidiary Tui Travel respectively on their £4.8bn merger. The all-share acquisition sees Tui AG acquire the outstanding 45.5 per cent of Tui Travel it does not already own. Allen & Overy’s team is led by Hamburg corporate…

Temple Bright takes Nabarro group to launch energy team

South West firm Temple Bright has scooped a three-lawyer team from Nabarro to launch an energy and climate change practice. The technology-focused firm has added clean energy projects partner Tom Bainbridge, projects partner Louisa Cilenti and associate Sandy Abrahams to launch the new practice area. Bainbridge has led on several of Nabarro’s high-profile green energy…

DLA Piper and Sullivan & Cromwell land key roles on Allied Minds £398m IPO

DLA Piper and Sullivan & Cromwell have advised Boston-based technology company Allied Minds on its initial public offering (IPO) and admission to trading on the London Stock Exchange. The offer price was set at 190 pence per share valuing the company at £398m. Allied Minds began conditional trading in shares at 8am on Friday (20…

Freshfields wins top spot among UK firms in M&A rankings for the first half of 2014

Freshfields has swept the board in Thomson Reuters M&A rankings for the first half of 2013, coming top among all UK-based firms for global, European and UK-related M&A. In the ranking of deals with UK involvement, Freshfields topped the charts by both value and volume – working on 41 transactions with a total value of…