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Council adopts European Account Preservation Order

he Council of the EU adopted yesterday the regulation establishing a European Account Preservation Order. As mentioned in our previous posts, by means of this mechanism a creditor will be able to obtain from a court in any EU member state (including Cyprus) an order which will block funds held by the debtor in a…

Clifford Chance adds German banking partner to partnership council

Clifford Chance has named banking partner Barbara Mayer-Trautmann as its newest partnership council member following new Middle East partner Robin Abraham’s election to Middle East managing partner. Abraham stepped down from the firm’s partnership council in March after winning a spot two years ago. He stood down from the position and gave up his place…

Amazon swoops in on City in bid to build Europe legal capability

E-commerce giant Amazon is bulking up its legal capability in Europe, with lawyers from Allen & Overy (A&O), Eversheds and Moneygram the latest to join. Eversheds senior associate Ben Cavender and Moneygram senior legal counsel Oleysa Leary are both expected to join Amazon next month. Cavender is understood to be relocating to Luxembourg in order…

Italy's Grimaldi turns to Ashurst for London launch

Ashurst corporate partner Fabio Pizzocheri has joined Italian firm Grimaldi Studio Legale to launch its London office. Pizzocheri had been a partner at Ashurst since 2010, having joined the firm from now-defunct Dewey & LeBoeuf. Many of the current lawyers at Grimaldi are also ex-Dewey & LeBoeuf. The firm, formerly known as Grimaldi e Associati,…

Legacy LG loses entire Tite & Lewis team as remaining two quit for Wedlake Bell

Legacy Lawrence Graham (LG) has lost the final two partners who joined the firm from legacy Tite & Lewis in 2004, with head of corporate finance Christopher Tite leaving the firm for Wedlake Bell. Tite and real estate partner Louise Gowman started at Wedlake Bell earlier this month, as LG combined with Wragge & Co…

Fenwick & West opens first overseas office in Shanghai

Silicon Valley firm Fenwick & West has expanded overseas for the first time with the launch of a Shanghai office. The US technology and life sciences-focused firm has launched a representative office in Shanghai after receiving the licence from China’s Ministry of Justice. The launch comes a year after the firm hired China partner Eva…

Osborne Clarke and Parabis among firms to increase promotions rounds

Osborne Clarke, Parabis, RPC and Shepherd & Wedderburn are the latest to reveal increased promotions rounds this year. Osborne Clarke has made up five new partners in its largest domestic promotion round for three years. Last year the firm made up three lawyers to partner, two in Bristol and one in London in its first…

Allen & Overy expands into Myanmar

Allen & Overy (A&O) has become the first magic circle firm to enter into Myanmar, with the launch of an office in Yangon. A&O’s Yangon office provides international legal services and will not practise Myanmar law. The new office is managed by Bangkok managing partner Simon Makinson and currently has two associates and two support…

4 New Square lures White & Case partner to the bar

White & Case arbitration partner Paul Cowan has defected back to the bar, joining 4 New Square after months of talks. Cowan, who leaves White & Case tomorrow after eleven years at the firm, said he has a number of old friends at 4 New Square, including Anneliese Day QC, and was not “knocking on…

Winston & Strawn hires DLA Piper Asia corporate head in Hong Kong

Winston & Strawn has hired a team of four corporate lawyers from DLA Piper’s Hong Kong office led by Asia corporate head Mabel Lui. Lui will become a partner in Winston & Strawn’s corporate department in Hong Kong. Lui was a veteran in DLA Piper’s Hong Kong office, who had been a partner at the…