LawFuel.com – The Best Law Firm News Service – Corporate partner Seth Jones will be seconded to the Takeover Panel as Secretary for two years with effect from 2 September 2013
The Takeover Panel is an independent UK body which supervises and regulates takeovers and other merger transactions, primarily offers for UK public companies. It aims to ensure that shareholders are treated fairly during takeover bids.
Seth has advised on a wide range of corporate transactions including public and private M&A and joint ventures. He also has a broad international experience, having spent three years in Allen & Overy’s Dubai office.
Commenting on the secondment, Andrew Ballheimer, global co-head of the corporate practice at Allen & Overy commented: “Despite the slowdown in M&A activity, UK levels picked up in the second quarter of 2013. Seth has a couple of very interesting years ahead. Seth is the fifth Allen & Overy partner appointed to this position, a testament to the firm’s strength and expertise in the public M&A field and to the firm’s commitment to provide the highest quality advice to clients.”
Despite a tough M&A market, the slowest first half by number of deals since 2004, Allen & Overy has performed strongly, increasing their market share in key jurisdictions and advising on several high profile deals. Thomson Reuters’ M&A legal adviser review for the first half of 2013 ranked A&O first in Europe by volume of deals and Bloomberg’s legal adviser review for the same period ranks A&O first globally by volume advising on cross border deals.