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  • Equality Act may cause surge in Tribunal claims

    September 30, 2010

    LAWYERS warned that the Equality Act, which comes into force today, could cause a flood of claims to hit tribunals if businesses fail to comply with the new rules. The Equality Act 2010 was introduced by Labour deputy leader Harriet Harman’s and fulfilled a 2005 manifesto commitment. The Act brings together nine different anti-discrimination laws, [...]

  • Clash of cultures can scupper law firms’ mergers

    September 7, 2010

    THE Americans are coming. Hammonds has become the latest firm to announce that it is to merge with a US firm, confirming last week that it is to link up with Squire Sanders. It follows the merger of Hogan & Hartson and Lovells earlier in the year, and the announcement that SJ Berwin is talking [...]

  • CITY MOVES | WHO’S SWITCHING JOBS

    August 22, 2010

    Mayer Brown The law firm has appointed Dominic Griffiths as the new head of its banking and finance group in London. Griffiths joined the firm five years ago and has been instrumental in building its securitisation and leveraged finance groups in London. He takes over from Bruce Bloomingdale, who will now focus on increasing synergies [...]

  • URS wins battle for Scott Wilson as trumps CH2M with a £223m offer

    June 30, 2010

    ENGINEERING giant URS said yesterday it was offering 290p in cash for each Scott Wilson share, 18 per cent higher than Tuesday’s bid of 245p from Colorado-headquartered CH2M and 38 per cent above its original offer of 210p on Monday. The move, valuing the company at approximately £223m, ends a bidding war for Basingstoke-based Scott [...]

  • Mayer Brown ends talks with Simmons

    June 29, 2010

    INTERNATIONAL law firm Mayer Brown has walked away from a potential merger with UK based Simmons & Simmons weeks after initial talks began. Simmons management had approached the Chicago based firm a few weeks ago with hopes to sign a deal that could have created a trans-Atlantic business with revenues over £1bn and 2,400 lawyers [...]

  • Simmons in US tie-up talks

    June 21, 2010

    UK LAW firm Simmons & Simmons and US firm Mayer Brown have been locked in merger talks. It is understood that Simmons’ management emailed partners on 17 June to confirm that “preliminary discussions” about a merger were taking place with Mayer Brown senior figures. The email is also understood to have said that partners would [...]

  • CITY MOVES | WHO’S SWITCHING JOBS

    May 31, 2010

    Sainsbury’s Finance The supermarket personal finance business yesterday said interim chief executive David Fisher has been appointed as its new permanent chief. Fisher, who has been in the interim role for five months, joined the group in January from Lloyds Banking Group, where he was group HR director for HBOS. He spent a total of [...]

  • Lords warn on trading rules

    March 31, 2010

    POLITICIANS yesterday raised fears that European Union plans to regulate trading tools used by hedge funds and banks could create new institutions that are “too big to fail”. The European Commission proposes to tighten rules on over-the-counter derivatives by forcing more trades to be conducted through central clearing houses. Clearing houses provide stability because they [...]

  • WHAT THE OTHER PAPERS SAY THIS MORNING

    October 6, 2009

    FINANCIAL TIMESDUBAI WORLD DEBT DECISION NEARSCrunch time is approaching for Dubai World as the government is nearing a decision on how much money it can apportion to deal with the holding company’s estimated $22bn debt pile, most of which is held by one of its subsidiaries, the developer Nakheel. The Dubai Financial Support Fund is [...]

  • CITY MOVES WHO’S SWITCHING JOBS

    August 31, 2009

    PricewaterhouseCoopersThe accountancy giant has appointed Nick Secrett to its pensions capital management team, which was launched at the end of last year and is headed up by partner Chris Massey. “Secrett has a wealth of capital markets expertise and will work with our clients to model and control their pension financing and investment risks,” said [...]

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