Eversheds had to mount a battle in court to keep its name, a branding move that impressed one peer: "Keeping the Eversheds name is a good thing, a commercial reality." Despite some partners remarking that the firm's numbers are "not all that great," the team, under the experienced Warren Drue, has been fairly active over the past year, with one standout mandate in the mining sector....
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Eversheds had to mount a battle in court to keep its name, a branding move that impressed one peer: "Keeping the Eversheds name is a good thing, a commercial reality." Despite some partners remarking that the firm's numbers are "not all that great," the team, under the experienced Warren Drue, has been fairly active over the past year, with one standout mandate in the mining sector.
Drue was part of a team led by Danielle Magidson that advised Keaton Energy Holdings on an acquisition of a 74% equity stake in Leeuw Mining and Exploration (LME) for $12 million in addition to a $7 million acquisition for preference shares of LME from Anglo Opertation. Taking just under two years to fully complete, the whole transaction closed in December 2010.
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