Weil Adds To Its Robust International Practice, Receives Top Rankings for 2013

Tuesday, January 28, 2014 - 11:52

Weil, Gotshal & Manges has announced that Chris McLaughlin will join its London office as a partner in the Banking & Finance practice. Mr. McLaughlin, who was most recently a partner at Hogan Lovells, has extensive experience acting for banks and borrowers on the financing of cross-border private equity buyouts, European real estate acquisitions, and restructurings.

Mr. McLaughlin’s arrival comes on the back of a period of strong growth for Weil’s London and wider European leveraged finance practice, following the recruitment of Chambers Band 1 ranked Stephen Lucas in 2011, along with Mark Donald and James Hogben in London, and Olivier Jauffret and James Clarke in Paris, over the last three years. In addition to the now 12-strong partner-led European leveraged finance group, Weil also boosted its high yield practice with the recruitment in June 2013 of Gil Strauss. His addition also follows that of financing expert Courtney Marcus, who rejoined the Firm as a partner based in the Dallas office in November.

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Albert Cho will join the firm as a partner in its global Private Funds Group. He will be based in the Hong Kong office. Mr. Cho, 42, is joining Weil from Kirkland & Ellis, where he has been a partner in both the New York and Hong Kong offices. His practice focuses on the formation of private investment funds, and he also counsels private fund clients on operational and structuring matters and provides on-going advice on legal and regulatory compliance matters. He has represented private investment funds formed by a variety of sponsors, including established private equity houses, newly established spin-off/spin-out teams, large financial services companies as well as boutique firms. He has extensive experience working with Asia-Pacific (including Korean), US and European private fund sponsors in their fundraising activities, with a focus on forming funds that invest in the Asia-Pacific region. He is recognized as a leading lawyer by legal research guides Chambers Asia-Pacific, The Legal 500 Asia Pacific, IFLR1000,The International Who’s Who of Private Funds Lawyers and Practical Law Company – Private Equity Multi-jurisdictional Guide.

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Weil was recognized as “Practice Group of the Year” 2013 by Law360 in six separate categories: Bankruptcy, Intellectual Property, Media & Entertainment, Mergers & Acquisitions, Real Estate and Technology.

Having won six awards, Weil is one of five firms to earn an Honorable Mention for Law360’s “Firms of the Year” award. This is the fourth consecutive year the Firm’s bankruptcy practice has been recognized by Law360, making it one of only ten practice groups at all firms surveyed to have been honored in all four years of the awards. Profiles of the practice groups will be released on a rolling basis in the coming weeks.

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Weil, Gotshal & Manges LLP ranked among the top five law firms for mergers and acquisitions in multiple categories on the 2013 year-end league tables, recently released by both Bloomberg and Thomson Reuters. All rankings below reflect total value of deals announced from January 1, 2013 through December 31, 2013.
The firm’s top five rankings include the following:

  • #4 in Global M&A (Bloomberg) – with approximately $272 billion in announced transaction value and 11.7 percent market share – an increase of almost 50 percent over the same period last year;
  • #4 in U.S. M&A (Bloomberg) – with approximately $261 billion in announced transaction value and 21.3 percent market share – an increase of almost 60 percent over the same period last year; and
  • #4 in UK M&A (Bloomberg) – with approximately $136 billion in announced transaction value and 36 percent market share – an increase of over 250 percent over the same period last year.

Major transactions announced in 2013 on which the firm is advising include Applied Materials’ $29 billion merger with Japan-based Tokyo Electron Ltd.; General Electric’s $18.1 billion sale to Comcast of its remaining 49 percent stake in NBCUniversal and associated real estate; AMR’s approximately $18 billion merger with US Airways Group; TPG Capital’s and DLJ Merchant Banking Partners’ $4.1 billion sale of their share in Grohe Group to Lixil Corp.; Edwards Group’s $1.6 billion sale to Atlas Copco A.B.; Health Management Associates’ $7.6 billion sale to Community Health Systems; Oracle in both its $1.5 billion acquisition of Responsys and its $1.7 billion acquisition of Acme Packet; American Realty Capital Trust IV’s $3.1 billion sale to American Realty Capital Properties; Apache Corporation’s $3.1 billion sale of a 33 percent stake in its Egypt oil and gas business to, and forming a joint venture with, Sinopec International Petroleum Exploration and Production Corporation; Baring Private Equity Asia, as a leader of a consortium, in the consortium's $2.8 billion take-private bid for Giant Interactive Group Inc.; and Thomas H. Lee Partners in its $1.1 billion acquisition of CompuCom Systems.