29 January 2001

caradon bathrooms

Caradon is one of many deals that Eversheds has acted on for its client HSBC Private Equity. The investment house initially purchased Caradon’s plumbing business in November in a management buyout through newco Black Knight. The plumbing business is a composite of different businesses, including Mira shower units and its bathrooms division, which were consolidated […]

Linklaters wraps up Jolly deal as hotel sales revive

Linklaters & Alliance has finally completed one of the largest single asset transactions for first-time client Jolly Hotels. The deal involves the £57m acquisition of St Ermin’s Hotel in Westminster from US group Strategic Hotel Capital, and turns the tables on a year-long slowdown in investment in the London hotel market. After a period in […]

Inside Intel

Organisation: Intel Capital, Asia Pacific Employees: 300 Legal capability: Five Head of legal: Michael Scown, regional general counsel, Asia Pacific Reporting to: Suzan Miller, general counsel for Intel Capital, based in the US Main location for lawyers: Hong Kong Main law firms in Asia: Deacons Asia, Deacons Australia, Denton Wilde Sapte and Squire Sanders & […]

A bar on competition

Is Hong Kong’s bar under threat of extinction, or is it simply not prepared to compete? To some extent Hong Kong recognises, that its bar is too small to support specialists in some fields, so it continues to permit QCs from the UK to be admitted on an ad hoc basis. Although this is plainly […]

DOCTOR SPIN

Pro bono work within firms has taken on a new status in recent years. There was a time when it was something individual lawyers did for their own satisfaction or interest, occasionally it was something the human resources teams saw as a good “team building exercise” and senior partners saw as good training for junior […]

Asia: Deals round up

Asia is as much an emerging market as it is a sophisticated one. There has been a raft of restructuring – a result of the Asian crisis – and privatisation is still a relatively new area that experienced UK firms are able to cash in on. But there has also been some mammoth M&A deals […]

Asia specific

In simple terms, the world consists of three principal financial elements: the US, Europe and Asia. But looking at the strategies of some firms recently, you would be forgiven for thinking there were only two. While everyone in London is running around seeking out European mergers in a bid to win the eye of a […]

The Leader column

The ongoing battle for control of German firm Gaedertz is pitching those of you with unsatisfied global ambitions into a real head-to-head. The cast list is starting to read like a who’s who of wannabe international players – enter Lathams, Mayer Brown & Platt, Eversheds and Norton Rose. What is more interesting is the fight […]

a year ago this week

CC forms Indonesian alliance The Lawyer revealed that Clifford Chance became the first UK firm to open in Indonesia. Local laws prevented foreign firms setting up independently. Accordingly, Clifford Chance formed an alliance with Mochtar Karuwin & Komar (MKK), a prominent Jakarta firm. Alex Jackson was seconded to MKK from Clifford Chance’s Vietnam office to […]

stolt offshore group

This is the third loan facility to companies within the Stolt Offshore Group to be led by Den Norske Bank in New York, and Stephenson Harwood has advised the syndicate of banks on all three. Sheila Obhrai, a senior assistant in the firm’s five-partner ship financing group, led all three deals – the others completed […]

Bevan Ashford takes on Mitac head of legal

Bevan Ashford has bolstered its South West commercial property team by hiring the head of legal from Bath-based motor industry consultancy Mitac. Peter Fox joins Bevan Ashford’s Taunton office as commercial property partner after three years at Mitac, which operates exclusively in the motor industry. Fox was a company director and provided general commercial advice. […]

Brief encounter: laytons

Laytons may be a small firm but it still manages to cover a large part of the UK, with offices in London, Bristol, Surrey and Manchester. The past few years have seen tentative steps towards expanding its core resources in order to retain big-name clients, including a myriad of banks and well-known brands, from First […]