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HSF makes Aussie partner Ferraro global corporate chief in post-merger re-jig

Herbert Smith Freehills has shaken up its corporate leadership, appointing Melbourne-based Mike Ferraro as sole global corporate head. Ferraro currently shares the role of global corporate chief with London-based Patrick Mitchell, who has had a hand in the management of the firm’s corporate practice for four years. Mitchell will no longer have a management role…

Dacheng unveils newly elected management team headed by firm founder Peng Xuefeng

China’s largest firm by headcount Dacheng has appointed a new leadership team following a month-long election process. The new leadership line-up is headed by Dacheng’s founder and chairman Peng Xuefeng, who has also been elected to lead the 17-member standing committee of the partnership, a new governance body introduced by the firm. Beijing corporate partner…

A&O, Latham and Walkers advise on Saudi Electricity Company’s $2.5bn international sukuk

Allen & Overy (A&O) and Latham & Watkins have taken lead roles on the issuance of an international sukuk by Saudi Electricity Company (SEC), worth $2.5bn. The transaction is thought to be the largest-ever Rule 144A sukuk offering, which allows it to be sold to international investors. Allen & Overy advised longstanding client SEC on…

Charles Russell and Speechly extend merger talks as brand unveiled

Speechly Bircham and Charles Russell will be known as Charles Russell Speechlys LLP should the merger be succesful later this year. The two firms have extended the timescale on their discussions to create a £126m outfit, which were initially slated to be finalised by 1 May. If the deal goes ahead the combined firm will…

eBay associate GC leaves to launch boutique consultancy firm in Singapore

eBay’s Singapore-based associate general counsel Steven Liew has left the online shopping giant to set up a boutique consultancy firm aiming at problems solving for technology companies. Liew left eBay’s Singapore base last week, where he served as Asia Pacific associate general counsel and head of government relations for eight years. He is in the…

Dentons ties up with South African associate firm to launch in Cape Town

Dentons is tying up with South African associate firm KapdiTwala to launch its own offices in South Africa. KapdiTwala, which focuses on oil and gas, has been associated with Dentons since 2012. The merger gives Dentons an office in Cape Town, with the firm planning to open in Johannesburg later this year. The merger is…

HFW becomes first UK firm to relocate leader to Asia as senior partner moves to Singapore

Holman Fenwick Willan (HFW) senior partner Richard Crump has relocated permanently to Singapore in a move that underlines the firm’s ambitious plans to grow its Asia practice. Ashurst and Herbert Smith Freehills both have a UK-Asia Pacific management structure as part of their post-merger integration, but HFW is thought to be the first non-merged UK…

Taylor Wessing anoints Hamburg IP partner Meissner as new Germany chief

Taylor Wessing has elected Hamburg IP partner Andreas Meissner as its new German managing partner, following the sudden decision of Florian Ranft to step down after just one year in the job. Meissner will also take up a place on Taylor Wessing’s international management board. He takes up his new role with immediate effect. The…

Cleary, Linklaters, Freshfields advise on €40bn Lafarge Holcim merger

A mammoth team of advisors including Cleary Gottlieb Steen & Hamilton, Freshfields Bruckhaus Deringer and Linklaters has turned out to advise Lafarge and Swiss giant Holcim in their €40bn merger. Cleary Gottlieb Steen & Hamilton put up a 30-strong team for the deal, hailed as the biggest ever tie-up in the industry. It included partners…

European Commission tightens key EU corporate tax rules

The European Commission has put forward certain amendments to key EU corporate tax legislation, in order to significantly reduce tax avoidance in Europe. The proposal will address deficiencies in the Parent-Subsidiary Directive, which may allow the operation of structures that will benefit from reduced taxation. Companies, including Cyprus companies, will no longer be able to…