Allen & Overy

Allen & Overy News

  • EU Data-Retention Law Tramples on Privacy, Top Court Says

    The European Union’s top court struck down rules requiring Internet and phone companies to store swathes of customer data, saying they trample on citizens’ right to privacy.

  • Sheppard Mullin Gets 10 McKenna Partners: Business of Law

    Sheppard, Mullin, Richter & Hampton LLP hired 10 partners from McKenna, Long & Aldridge LLP’s real estate group and insurance and business trial practice, mostly in San Diego.

  • Cooley Adds 6 Mintz Levin IP Specialists: Business of Law

    Cooley LLP said a group of intellectual property attorneys from Mintz, Levin, Cohn, Ferris, Glovsky & Popeo PC are joining the firm in Boston and New York.

  • Patterson Belknap’s Cleary to Lead Firm: Business of Law

    Patterson Belknap Webb & Tyler LLP’s employment law head, Lisa E. Cleary, was named co-chairwoman and managing partner of the firm. She succeeds Robert P. LoBue, who was co-chairman and managing partner, and joins William F. Cavanaugh Jr. as co-chairman.

  • Pamplona Capital Buys Majority Stake in Alvogen

    Pamplona Capital Management LLP, the investment group whose backers include Russian billionaire Mikhail Fridman’s Alfa Group, bought a majority stake in Alvogen, a drugmaker.

  • Eversheds Expands African Network: Business of Law

    Eversheds LLP added 10 members to its African network, the Eversheds Africa Law Institute, bringing the total number of firms to 33.

  • Charterhouse’s PHS Requests to Waive Loan Terms Until July

    U.K. service co. asked lenders to waive leverage covenant on its loans. * Request was made at lender meeting in London yesterday * Co. and owner Charterhouse Capital have hired Rothschild and Allen & Overy as advisers; Houlihan Lokey and Freshfields Bruckhaus Deringer are advising senior lenders * Information from a person familiar with the matter, who asked not to be identified because the deal is private * Gary Sunderland, the head of information resources at Charterhouse, declined to comment on the waiver and appointments * NOTE: Feb. 20: Co. breaches leverage covenant at December test date after ratio rises to 7.97x * NOTE: Jun. 7: Charterhouse paid GBP13m to lower co.’s debt ratio after ratio of debt to Ebitda reached 7.8x compared with 7.5x limit

  • Profit at U.K.’s Clifford Chance, Allen & Overy Rise on Asia, Middle East

    Clifford Chance LLP and Allen & Overy LLP, two of the U.K.’s highest-grossing law firms, saw single- digit increases in both profit and revenue following expansions into emerging markets such as China, Turkey and Indonesia.

  • DLA Piper in Talks With Heenan Lawyers: Business of Law

    DLA Piper LLP, one of the world’s biggest law firms, is in talks to hire a group of partners from failing Canadian firm Heenan Blaikie LLP, a DLA spokesman said in an e-mail.

  • Allen & Overy Revenue Rises Less Than 1% in ‘Challenging’ Market

    Allen & Overy LLP increased revenue by less than 1 percent to 1.19 billion pounds ($1.82 billion) as the law firm said it continued to face a “backdrop of challenging market conditions.”

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