Entries by Richard Cheng

Kennedys and Waltons & Morse merge in London

Kennedys is merging with marine boutique Waltons & Morse to boost its City presence. The tie-up will increase Kennedys’ London headcount by 28 lawyers including five partners, and follows a number of mergers made by the firm to expand internationally, particularly in Latin America. Kennedys’ turnover will also grow to an estimated £150m after the […]

Pakistan lawyers strike in protest after Quetta attack

Lawyers across Pakistan are boycotting court to mourn the loss of some 70 people, many of them lawyers, killed in a bomb attack in Quetta. In Balochistan – Quetta is the provincial capital – markets and schools have been closed. The bomber targeted crowds who had gathered outside a hospital to mourn prominent lawyer Bilal […]

Serious Fraud Office starts Airbus inquiry

UK opens investigation into fraud, bribery and corruption allegations in connection with aircraft sales The UK’s Serious Fraud Office has confirmed that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the commercial airline business of Airbus, the defence and aviation firm. The investigation into potential criminal dealings in the […]

Tokyo law firm to acquire Thai practice

Tokyo-based law firm Mori Hamada & Matsumoto has agreed to acquire a leading practice in Thailand, aiming to assist Japanese businesses as they expand their presence there and in the region. Mori Hamada & Matsumoto (Thailand) will purchase Chandler & Thong-ek for an undisclosed sum. Chandler, which is headquartered in Bangkok and employs nearly 50 […]

Allen & Overy adds five partners in New York

In a bid to expand its US presence, Allen & Overy has hired a team of five leveraged finance partners in New York. The team is made up of White & Case partners Scott Zemser, Alan Rockwell and Judah Frogel, as well as former Proskauer Rose partner Rajani Gupta and Milbank, Tweed, Hadley & McCloy […]

Messy UK exit from the EU could cost global M&A market $1.6trn

Baker & McKenzie has warned that a ‘disorderly’ exit of the UK from the EU could cost the global M&A market up to $1.6 trillion. Baker & McKenzie‘s Global Transactions Forecast, based on financial modelling by Oxford Economics, shows the potential scale of damage for markets and deal making activity of both an ‘orderly’ and a ‘disorderly’ […]

Record year for Linklaters as revenue tops £1.3bn

Linklaters has become the fourth Magic Circle firm to post its 2015/16 financial results, reporting a 3.1 per cent rise in turnover to £1.31bn. The firgure marks the firm’s strongest result since 2007/08 and the first time that it has crossed the £1.3bn turnover threshold. Linklaters has pipped fellow Magic Circle firms Clifford Chance and […]