Trowers & Hamlins has advised Oman’s Renaissance Services on the sale of its UAE oil and gas services company, Topaz Oil and Gas Ltd, to the UK-based Interserve for $46 million, with Ashurst representing the buyer.

Sydney based Kemp Strang has announced two more lateral hires – David Nolan (partner) and Holly Taylor (senior associate). Both were previously with Mills Oakley Lawyers.

Clifford Chance has advised Southeast Asian upstream oil and gas company KrisEnergy on its S$270.8 million ($213 million) initial public offering, with Latham & Watkins advising the underwriters.

Minter Ellison has made two lateral hires in Hong Kong to spearhead the development of the firm's tax capability in the region.

The recent spate of law firm mergers may have the unexpected result of reducing the level of publicly available data on Australian revenue performance.

Stress or other psychological conditions brought about by overwork could result in litigation against firms, a former judge of the NSW Court of Appeal has said.

Hall & Wilcox has welcomed superannuation specialist Heather Gray and her team to the fold from DLA Piper. This hire will see the firm add Gray as a partner, while her colleagues Andrew Fairley, Jodi Preston and Lalitha Visuasam will also make the switch.

K&L Gates has added Lucy Cordone as a special counsel in the labour, employment and workplace safety practice group.

U.S. private equity giant Blackstone Group LP has agreed to buy a majority stake in Indian auto parts maker Agile Electric Works, which controls Igarashi Motors, for about $100 million, two sources with direct knowledge of the matter told Reuters.

A group of 14 Middle East-based lawyers, including eight partners, has left Norton Rose Fulbright to join Baker Botts in the latter firm’s Dubai, Riyadh and Abu Dhabi offices.