Simpson Thacher in AML Hot Water Paid Members Public
In Short: Simpson Thacher & Bartlett LLP’s London office faces a tribunal over alleged failures to implement adequate anti-money laundering (AML) measures, with the Solicitors Regulation Authority (SRA) claiming the firm did not fully comply with regulations introduced in 2017.
Linklaters Snags Top Talent in Sweden Paid Members Public
In Short: Linklaters has brought in Magnus Wennerhorn, a seasoned leveraged finance expert from White & Case, to lead its banking practice in Sweden, aiming to bolster its services for banks and private equity clients in the region.
Gibson Dunn and Sidley Austin Advise on Diversified Energy’s $106 Million Natural Gas Asset Acquisition Paid Members Public
In Short: Diversified Energy Co. PLC has finalized a $106 million deal to acquire natural gas assets in eastern Texas from Crescent Pass Energy LLC, expanding its U.S. operations. The deal was funded by a combination of cash and the issuance of new shares.
CRS boosts NQ salaries Paid Members Public
In Short: Charles Russell Speechlys LLP has increased the salaries of newly qualified (NQ) lawyers in its London office to £88,000 to stay competitive amid rising pay rates driven by U.S. firms. The firm has also made similar adjustments in its Cheltenham and Guildford offices.
DAC Beachcroft Represents Westfield in £665,000 Dispute with Clearpay Paid Members Public
In Short: Westfield has taken Clearpay to court for more than £665,000, arguing that the payment processing company wrongly terminated two "buy now, pay later" partnerships linked to advertising at Westfield's London shopping centers.
Latham & Watkins, A&O Shearman, and Vinson & Elkins Advise on Woodside’s $2.35B Acquisition of OCI’s Texas Ammonia Facility Paid Members Public
In Short: Australian oil and gas giant Woodside Energy is buying OCI NV’s low-carbon ammonia facility in Texas for $2.35 billion in cash, marking a significant step in its strategy to transition to cleaner energy forms.
DLA Piper and Freeths Advise on Netcall’s £13 Million Acquisition of Govtech Paid Members Public
In Short: Netcall PLC has announced its acquisition of Govtech Holdings Ltd., a U.K.-based digital process automation company serving local governments, for up to £13 million. This deal significantly boosts Netcall's presence in the local government sector, enhancing its software offerings and expanding its market share.
