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Ashurst advises Jefferies on the Initial Public Offering of Viadeo on the Paris Euronext stock exchange

Ashurst has advised Jefferies International Limited, acting as joint lead manager and joint book runner with Société Générale Corporate & Investment Banking, in connection with the initial public offering of Viadeo on the Paris Euronext stock exchange (compartment B). The issuance of new shares will provide the company with supplementary funds to finance its projects…

Clifford Chance to vote on slashing management committee from 16 to nine

Clifford Chance is to vote next month on slashing its management committee from 16 to nine in Matthew Layton’s first key move as leader. The firm’s new managing partner is understood to have stood for the role on a platform of streamlining management and creating a stronger executive team (28 November 2013). He has now…

The changing face of the BVI (by Folio Corporate)

The changing face of the BVI The BVI has long been recognised as the ‘go-to’ domicile for the incorporation of offshore companies. There is no question that this can be attributed in large part to the basic tenet of the jurisdiction being tax neutral, highly cost efficient and offering a good degree of privacy within…

Dentons names Debowski as sole European real estate chief

Dentons has named Warsaw partner Pawel Debowski as the sole chair of its European real estate group in the wake of co-chair Eric Rosedale’s departure to Greenberg Traurig. Debowski was appointed as co-chair of European real estate earlier this year (6 February 2014) alongside Rosedale. Greenberg Traurig announced Rosedale’s hire as chair of its international…

Greenberg Traurig lures Dentons real estate co-head with new management slot

US firm Greenberg Traurig has hired Dentons’ global real estate co-head Eric Rosedale to fill a new management position in London. Rosedale, who joined the firm’s London office yesterday (16 June), has taken on a new position as chair of the firm’s international real estate practice. The job essentially means he will be responsible for…

China Life to buy Clifford Chance HQ for £780m

China’s biggest life insurer China Life is set to buy Clifford Chance’s Canary Wharf headquarters in a £780m deal, according to media reports. The state-owned Chinese investor is said to be in high-level talks with property owner Canary Wharf Group (CWG) to buy the 32-floor 10 Upper Bank Street property. There are currently 16 vacant…

Second Ashurst exit in a week as finance partner Thrower quits for Simmons

Finance specialist Simon Thrower has become the latest partner to depart from Ashurst, taking up a new role in Simmons & Simmons’ financial markets team. Thrower, who has been a partner at Ashurst since 1999, has particular expertise in corporate and leveraged acquisition finance, syndicated corporate debt facilities and debt restructuring. Recent transactions have included…

Magic circle among firms to win roles on bumper £2.9bn B&M IPO

A raft of firms including Clifford Chance and Freshfields Bruckhaus Deringer advised on the IPO of discount store chain B&M – the biggest London listing of 2014 so far. The Liverpool-based business saw its shares soar by 6.9 per cent yesterday morning (12 June) to give the company a market capitalisation of about £2.9bn –…

Allen & Overy Aussie head to leave the firm

Allen & Overy’s (A&O) Australian senior partner Grant Fuzi is to leave the firm at the end of this year, four years after he launched the magic circle firm’s offices down under. The announcement regarding Fuzi’s retirement from the firm’s partnership was made internally on Wednesday 11 June. He will remain at the firm for…

Reed Smith managing partner Thomas retains role after contested election

Reed Smith’s global managing partner Alexander “Sandy” Thomas has been re-elected following a contested election. Thomas took over as head of the US firm late year, after long-time incumbent Greg Jordan quit mid-way through a three-year term (3 October 2013). A spokesperson at the time insisted that Thomas had “stood unopposed” for the managing partner…