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Slaughter and May makes first Asia lateral hire with MoFo addition

Slaughter and May has made its first lateral hire in Asia with the addition of Morrison & Foerster’s (MoFo) co-head of China capital markets John Moore. The move will gift Slaughters a US law capability for capital markets transactions in Hong Kong, a strategy which has been on the cards since 2012 (24 September 2012)….

Eversheds continues Africa focus

Eversheds has added five firms to the Eversheds African Law Institute (EALI), the forum it set up last year to promote networking among African firms. The five firms bring the number of EALI members to 23 in 21 countries. The fims are meeting this week in Paris at the first EALI summit, which will be…

Clyde & Co partners boost profit share and reduce contributions

Clyde & Co’s LLP members more than halved their capital contributions to the firm last year, from £18m to £6.7m, according to accounts filed today with Companies House. It was a good year to be a Clyde & Co partner – the firm added 39 members over 2012/13 and raised the discretionary profit share by…

Freshfields and Simpson Thacher advise on £600m Guardian sale of Trader Media Group

Freshfields has advised the Guardian Media Group in its £600m sale of a 50.1 per cent stake in Trader Media Group (TMG) to Apax Partners. Corporate partner Simon Marchant led the deal to sell its remaining stake in the business to joint partner Apax, which bought 49.9 per cent of TMG in 2007. The former…

DAC Beachcroft launches in New York

DAC Beachcroft has made its first move into the US through the launch of a representative office in New York. The firm said the office would support its international network, which has expanded rapidly across Latin America since the merger between legacy Beachcroft and legacy Davies Arnold Cooper (31 October 2011). Most recently the firm…

CMS construction disputes head quits for Atkin Chambers

CMS Cameron McKenna construction disputes head Rupert Choat is moving back to Atkin Chambers full time on 1 March 2014. The partner and solicitor advocate was made CMS head of construction disputes in 2011 and is deputy head of the real estate and construction sector. He joined CMS 13 years ago after beginning his career…

Germany's Rödl takes Milan team from corporate boutique

German multi-disciplinary firm Rödl & Partner has strengthened its presence in Italy with the hire of the Milan office of local M&A firm BLF Studio Legale. Led by partners Daniele Bonvicini and Alessandro Borelli, the move adds six lawyers to Rödl’s Italian operations. Rödl already has four offices in Italy, in Bolzano, Padova and Rome…

LG employment partner quits for DWF ahead of Wragges merger

DWF has raided Lawrence Graham for employment partner Helga Breen to lead the London employment team. It comes ahead of LG’s planned merger with Wragge & Co, which is expected to go ahead in May. The deal was voted through by both firms at the end of last year (18 November 2013). Breen joined LG…

Cleary and Sidley Austin advise Japan’s Suntory on $16bn US whiskey maker deal

Cleary Gottlieb Steen & Hamilton and Sidley Austin have taken the lead roles in Japanese drinks maker Suntory’s $16bn (£9.7bn) acquisition of US spirits group Beam, the maker of Jim Beam. Cleary is advising Osaka-based Suntory in this acquisition, which is the company’s biggest ever overseas transaction. The firm’s team is led by New York…

Zhong Lun raids Dechert for Hong Kong chief

Zhong Lun has appointed Dechert’s Hong Kong managing partner Basil Hwang as a partner in its Hong Kong associate firm Boughton Peterson Yang Anderson (BPYA). Hwang was previously the managing partner of US firm Dechert’s Hong Kong office, which he helped launch in 2007 (3 December 2007). He moved to Dechert for the Hong Kong…