Debashis Dey

Sullivan & Cromwell sent shockwaves across London's legal scene when the news broke on Monday that it is hiring two of the City's best known corporate lawyers—Kon Amisacopoulos from Kirkland & Ellis and Mike Francies, formerly of Weil Gotshal & Manges. Amisacopoulos has acted on some of the biggest restructurings in the U.K. of the past 10 years, while Francies, though recently retired, has for nearly three decades enjoyed a reputation as one of London's most prominent private equity M&A leaders. Given the calibre and profile of the double-hire, it has given way to plenty of speculation, chiefly, whether or not Sullivan & Cromwell is going to replicate Paul, Weiss, Rifkind, Wharton & Garrison's hyper-aggressive London growth strategy. Could the hires be the first step in the elite-but-conservative Sullivan & Cromwell's transformation into a major London competitor? According to sources close to the matter, the firm is going to make more big name hires. It is planning to bring on around five more high profile partners in London, one of the people said, as well as make several internal promotions, with at least three partner promotions expected in the near term. These numbers suggest that the firm isn't quite expecting to replicate Paul Weiss' much-lauded hiring spree, which began in 2023 after it enlisted Neel Sachdev and other debt finance rising stars from rivals including Kirkland & Ellis, Linklaters and others. But Sullivan & Cromwell has started from a higher base. It already has more than 50 fee-earners in London, around 17 of whom are partners. Full story from Molly Smith: https://lnkd.in/e5YkiHAe

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JSA Advocates and Solicitors advised IIFL Capital Services Limited and Indorient Financial Services Limited in relation to the proposed initial public offering of equity shares of Associated Power Structures Limited. Read more: https://lnkd.in/dhHwPWAs The JSA transaction team was led by Partner Arka Mookerjee, with support from the Equity Capital Markets Team comprising Partner Pracheta Bhattacharya, Partner Anshu Bansal, Principal Associate Ananth Balaji and Arjun Rastogi, and Associates Bhavna Sancheti, Jeebitesh B., Bhuvnesh Kumar, Ritu R Jaiswal, Shreya Sharma, Bernedict Rozario and Sourav Jena #JSA #LeadingLawyers #LeadingLawFirm #CapitalMarkets #IPO #CorporateLaw #DealUpdate #FinancialServices

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Stephenson Harwood LLP Advised ABN AMRO Bank N.V. On US$50 Million Secured Revolving Credit Facility To Star Bulk Subsidiary The Stephenson Harwood team was led by Chris Vartzis, with support from Vanessa Tzoannou, Andreas Papachristodoulou, and Constantina-Mikaella Koutsouba-Santos. Link to read full News : https://lnkd.in/dQ9X6ghZ #stephensonharwood #abnamro #starbulk #shipfinance #maritimelaw #securedfinancing #creditfacility #shippingindustry #mna #legalnews

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Read the latest on Weil’s European Restructuring Watch from Neil Devaney, Andrew Wilkinson, Natasha Ayres, Matt Benson, Lois Deasey, Jenny Davidson, Gemma Sage and Mark Lawford – Cross Border Recognition of Restructurings: The 2019 Hague Judgments Convention Comes into Effect in the UK – https://lnkd.in/eD6UqzrJ

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Financial services company Burford Capital has made a minority investment in legal services provider Kindleworth LLP, which has supported the launches of Three Crowns and Pallas Partners, in a move designed to help lawyers launch or scale firms across the UK and US. https://lnkd.in/eHubcNuk

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Appleby acted as Isle of Man counsel to Suntera Global in connection with a secured senior financing package from global investment firm Carlyle. The Appleby team comprised of Partner Tom Brook, Senior Associate Sophie Corkish and Associate Ruby Agate. Read more here: https://bit.ly/45hZ1Dd

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The Privy Council’s landmark judgment in Jardine Strategic Ltd v Oasis Investments II Master Fund Ltd & Ors, has unambiguously put an end to what was described as the 'Shareholder Rule', a common law rule that seems to have survived more by habit than rationale. The judgment confirms that a company may confidentially consult its lawyers without fear that shareholders (past or present) will later pierce that privilege, absent some other established exception. Read the full briefing from Cayman Islands partner, Laura Hatfield, and associate Norberto Ayala Rodriguez here: https://loom.ly/6RVwKZ4 Richard Parry, Thomas Wright, Amandy Jimenez, Vered Mazin, Jonathan Stroud, Karen Williams, Kimone Wilson, Stephanie Ebanks

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In a transaction led by Andrew Mills, Katie Carter, Manahil Qadir and Olivia Pryor from our Corporate and M&A team, we advised Portugal-based Vangest Engineering Solutions, a leading European provider of integrated engineering and manufacturing solutions and portfolio company of private investment group Zeno Partners, on its acquisitions of UK-based businesses Micro Systems and Optimold. The deals expand Vangest’s medical division and mark a significant milestone in the Portuguese industrial landscape, with a domestic leader acquiring UK medtech specialists. For the full detail, read our press release: https://bsalmon.us/4mPJHmR #Medtech #Healthcare #Deals

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