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Hogan Lovells to lead $2bn oligarch battle after White & Case is disbarred

Hogan Lovells has picked up the mandate to represent Ukranian industrialist Victor Pinchuk in his $2bn High Court battle after White & Case was debarred from the case. It will be a major boost to the London litigation team, which has been on the hunt for a fresh multi-billion dollar trial since Addleshaw Goddard client…

DLA Piper pulls out of Heenan Blaikie Canada deal

DLA Piper’s plans to enter the Canadian market have been put on hold after its talks with a group of lawyers from collapsed firm Heenan Blaikie collapsed yesterday. DLA Piper had been looking to hire up to 70 lawyers from Heenan Blaikie (7 February 2014) and make its first steps into the Canadian legal market, a…

"Largest ever" SDT fines upheld at High Court

The High Court has upheld a Solicitors Disciplinary Tribunal (SDT) decision to fine a West End firm for misconduct after letting Portsmouth Football Club use its bank account while under winding up proceedings. Mayfair firm Fuglers and its two managing partners were hit with the largest-ever fines imposed by the SDT, for enabling the club…

Germany's Heuking sees turnover break through €100m for first time

German firm Heuking Kühn Lüer Wojtek has reported a 9.3 per cent rise in turnover for the 2013 year, with revenues hitting €107.6m (£89m) – up from €98.4m in 2012. The results mark continued growth for the independent firm, which also reported turnover rises in 2012 (13 February 2013), 2011 (21 February 2012) and 2010…

Skadden rejigs management committee as Buck hands London bat to Trivedi

Skadden Arps Slate Meagher & Flom has rejigged its management committee, with London managing partner Bruce Buck handing the bat to M&A partner Pranav Trivedi. Buck’s move was announced internally two weeks ago, ending a 25-year stint managing the City base after he founded the office in 1988. He remains the firm’s European managing partner….

Ashurst sees drop in cash reserves pre merger

Ashurst saw a £13.9m drop in net funds and cash at bank in the financial year before its £550m merger with legacy Blake Dawson. Net funds at the firm went from £20.9m in 2011/12 to £6.9m in 2012/13 according to accounts filed with Companies House yesterday. The firm put it down to a £14m cash…

DLA Piper set to move into Canada with team from failed Heenan Blaikie

DLA Piper is to make its first steps into the Canadian legal market with the rescue of up to 70 lawyers from collapsed Canadian firm Heenan Blaikie. The firms have been in discussions for a number of weeks, with partners at Heenan Blaikie aware of the move when they voted to wind down the 40-year…

Stephenson Harwood kicks off Africa secondment programme

Stephenson Harwood is adding to its Africa expertise by starting a programme of sending associates on secondment to independent firms on the continent. Litigation associate Charlotte Welsh became the first Stephenson Harwood lawyer to go on secondment to Africa, spending six weeks at Kenyan firm JMiles & Co. Whilst in Nairobi Welsh worked on matters…

Ashurst advises Crossrail on £1bn Bombardier contract

Ashurst picked up the mandate to advise Crossrail on its decision to award a £1bn contract to Bombardier UK. The transport provider – Britain’s only train builder – will provide 65 trains for the Crossrail service, which is due to open in 2018. Bombardier, meanwhile, is believed to have referred the deal to its in-house…

DLA shake-up: Knowles to become chair, Angel to step down next year

DLA Piper is set for a leadership shake-up as co-CEO Nigel Knowles is to replace Tony Angel as global co-chairman and London IP partner Simon Levine is appointed as the firm’s next joint CEO. Joining Knowles on the US side as global co-chair is Roger Meltzer, who is currently Americas co-chair and leader of the…