Freshfields Bruckhaus Deringer LLP’s profits per equity partner fell 6.9 percent to 1.3 million pounds ($2.1 million) as the highest-grossing U.K. law firms braced for “uncertainty’’ amid the European sovereign debt crisis.
Freshfields Bruckhaus Deringer LLP revenue fell by about 0.9 percent to 1.13 billion pounds ($1.75 billion) for the 2011-12 financial year, dropping it to the rank of fourth-largest London-based law firm by revenue.
Chime Communications Plc, the public relations firm that boasts London Olympics director Sebastian Coe as chairman of the sports unit, fell as repairs to a Brazil stadium destined for the 2016 Summer Games may delay revenue.
Major League Baseball hired San Francisco Attorney John W. Keker to be lead counsel in the suit brought by the city of San Jose, California, accusing it of improperly keeping the Oakland Athletics from moving there to shield the nearby San Francisco Giants from competition.
A U.K. privacy group asked London police to investigate whether Google Inc. should face criminal charges for collecting wireless Internet data from homes while photographing thousands of residential streets.
Sportingbet Plc may sell about 125 million pounds ($206 million) of stock to fund a bid for Australian betting company Centrebet International Ltd. , two people with direct knowledge of the matter said.