Tax Partner Stuart Sinclair moves to Akin Gump London as part of Bingham McCutchen breakaway
Akin Gump issued a press release yesterday confirming that the London and Frankfurt offices of Bingham McCutchen will join the Firm. In additional some partners from Hong Kong are also moving across. The total number of partners switching allegiance is 22 and more lawyers are expected to follow.
Sebastian Rice, who will be managing partner of Akin Gump’s London office, commented, “The synergies of our combined international practices, together with the incoming team’s strength in London, make this union strategically compelling. The combined European and Asian capabilities will not only considerably improve our client offerings in multiple jurisdictions, but also provide significant leverage in terms of our ability to present ourselves to potential clients here in London, in Hong Kong and in established and emerging markets across the globe.”
The only tax partner known to be moving at this stage is Stuart Sinclair.
Stuart advises on all aspects of corporate tax, focusing on domestic and international restructurings and reorganisations, mergers and acquisitions, structured finance arrangements, and financial instruments. He is recommended in leading industry publications including Chambers UK, Chambers Europe and Chambers Global. Experience includes:
- Represented the noteholders on the €1.3 billion financial restructuring of the Quinn Group, one of the largest multijurisdictional corporate groups in Ireland
- Advised a US-based distressed debt firm in connection with the restructuring of £500 million of debt in Crest Nicholson Holdings Limited, the parent of one of the UK’s largest house builder groups
- Advising a worldwide bondholder group in respect of the nationalisation and restructuring of three major Icelandic banks — Kaupthing, Landsbanki and Glitnir
- Advised the mezzanine consortium, headed by Apollo, Cerberus, Park Square Capital and Goldman Sachs, on the £2.6 billion restructuring of Britain’s largest betting and gaming group, the Gala Coral Group
- Advised an ad hoc committee of senior secured noteholders on the debt restructuring and English law administration sale of Wind Hellas, a Greek telecommunications company
Advised a group of senior lenders on the financial restructuring of Monier, a German roofing company - Advised Grandtop International Holdings Limited, the offeror, on the acquisition by way of public takeover of UK-based Birmingham City Football Club
- Advised Japan-based Sumitomo Precision Products Co. Ltd. in its $56.6 million acquisition of Aviza Technology Inc., a semiconductor equipment producer headquartered in California
- Advised the noteholders on the financial restructuring of Technicolor S.A. (formerly Thomson S.A.), a French media company