The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Addleshaw Goddard has advised Tiscali UK Holdings for the first time, working on its £210m acquisition of Pipex Communications’ broadband and phone businesses.
Tiscali is a new client for Addleshaws, with the firm winning the instruction following a tender. Addleshaws’ corporate partner James Dawson led the team acting for Tiscali, the first major deal he has led on since joining the firm from Linklaters earlier this year. Dawson had acted for the company while at Linklaters.
Other team members acting for Tiscali included technology and outsourcing partner Craig Rattray and associates Marcus McConnell, Zoe Hammond and Nicola Marsden.
An SJ Berwin team acted for Pipex, led by corporate finance partner Jonathan Djanogly.
The deal saw Tiscali take over Pipex’s 650,000 phone clients and 570,000 broadband customers, boosting Tiscali’s number of broadband users to just under two million. This brings Tiscali close to Carphone in terms of customer numbers with British Telecom and Virgin not far ahead.
The purchase, which is subject to approval from Pipex’s shareholders as well as the Office of Fair Trading, is being financed through a EUR 650m (£436m) credit line from Intesa Sanpaolo and JP Morgan. This can be partially refinanced by EUR400m (£268m) in debt capital and up to EUR150m (£100m) in a capital increase.