Clifford Chance has recently advised 3i plc and PPM Ventures Limited on their agreement to sell their combined 65% equity stake in Japanese logistics company, Vantec Corporation to Mizuho Capital Partners MBO Fund “FBF200”. The transaction represents the first secondary management buyout in Japan, the original MBO having been one of the earliest western style […]

Goodkind Labaton Rudoff & Sucharow LLP and The Jacob D. Fuchsberg Law Firm, LLP filed a class action lawsuit on August 26, 2003 in the United States District Court for the Southern District of New York (the “Court”), on behalf of all purchasers of the securities of Polaroid Corporation (“Polaroid” or the “Company”) (OTC Bulletin

Jenner & Block Partner Stephanie A. Scharf has been installed as President-Elect of the National Association of Women Lawyers for the 2003-2004 term. Ms. Scharf is a senior partner specializing in complex litigation. She received both a law degree and doctorate in behavioral sciences from the University of Chicago. Ms. Scharf’s focus for NAWL is

Expanding its presence in Europe, Sidley Austin Brown & Wood LLP has opened an office in Brussels, bringing on two new partners with extensive international trade and regulatory experience. Sidley’s Brussels office will assist clients with trade, regulatory and competition law issues in the European Union. The new resident partners are Richard Weiner, former Expert

A team from Hammonds Leeds office has advised the shareholders of Walker Group Limited on the sale of its entire issued share capital to Westvale Leisure Ltd for an undisclosed sum. Walker Group, which was headed by Mark Lipinski, trades under the name “Walkers” and operates a chain of Bingo clubs across the Midlands and

Graham C. Grady of Mayer Brown Rowe + Maw was elected President of the American Bar Retirement Association (ABRA) at the Annual Meeting of the American Bar Association (ABA) in San Francisco. The first African-American President of ABRA, Mr. Grady’s election coincided with that of former Detroit Mayor Dennis Archer as the first African-American to

Debevoise & Plimpton acted as U.S. counsel to Irish telecommunications firm eircom in connection with a €1.05 billion (approximately $1.19 billion) bond issue completed on Thursday, August 7, 2003. The issue is the largest ever euro-denominated high-yield bond issue and the first note offering by a former state telecommunications firm in Europe on the high

National Australia Bank Group has announced the formation of a new strategic alliance by the Group’s UK wealth management division. Under the agreement, Legal & General life insurance products will be offered to the three million customers of the NAB Group’s three UK banks – Clydesdale, Yorkshire and Northern Banks. Commenting on the deal, CMS

National Air Traffic Services (NATS) has successfully raised £600 million in an inaugural issue of London listed guaranteed secured bonds. Lovells advised NATS on the bond issue and the associated refinancing of its bank debt, as envisaged in the restructuring implemented in March this year. The firm has been working continuously with NATS since 1999.

Microsoft Corporation improperly put patented Web browser technology into its Internet Explorer, helping the computer giant to win critical market share from rival Netscape Navigator, according to a verdict handed down today by a federal jury in Chicago. In the U.S. District Court in the Northern District of Illinois, Eastern Division, the 12-member jury found