Financing
Eversheds advised Bodycote International on its £115m rights issue to fund the £57.5m acquisition of Swedish company Brukens Thermotreat. The rights issue was underwritten by Kleinwort Benson Securities
Property
Linklaters & Paines acted for Raglan Estates in a £17.5m property swap with Bourne End Properties. Kanter Jules acted for Bourne End in England and Maclay Murray & Spens acted for it in Scotland.
Property
Denton Hall has been appointed by the London Borough of Tower Hamlets to advise on compulsory purchase work.
Questions of leadership
I write in connection with a recent article from Tony Holland. I would first note the interesting point, that, once again, Mr Holland is cited in his capacity as senior partner at his firm. Quite clearly, his articles (which appear regularly and may be said to form part of a series) are written not because […]
Law Soc must face its responsibilities
I must declare an immediate interest. I am one of the patrons of the African Caribbean & Asian Lawyers Association and have been ever since its foundation. Recently I had the opportunity of opening its annual conference. It was a most successful conference and one I enjoyed attending. It was overshadowed, however, by the fact […]
Financing
Ashurst Morris Crisp acted for Bankers Trust Company and a syndicate of banks providing IR£400m loan facilities to Independent Newspapers to finance a bid offer for New Zealand newspaper company Wilson and Horton.
Property
Eversheds acted for Amec Developments in securing the Independent Insurance Company’s commitment to occupy a proposed 105,000sq ft office at the Cheadle Royal business park, Manchester.
Russians want to take magistrates back home
After 10 days scrutinising the British legal system, Vladimir Gukov, head of the international department of Russia’s Supreme Court, was particularly taken with UK magistrates. “Magistrates would be perfect for Russia” he said. “If 90 per cent of our cases were dealt with by officials who did not want to be paid, it would take […]
In brief: Dibbs poaches KPMG accountant
In a move designed to help it keep ahead of the accountancy firms, Dibb Lupton Broomhead has poached a senior corporate finance accountant from KPMG for its Leeds and Sheffield offices. Peter Scaman, KPMG’s head of corporate finance for the North-Eastern region, will have consultant status in the firm since Law Society rules do not […]
Filling the knowledge gap
There is a growing demand for expert witnesses in a range of areas of litigation, from so-called ‘cyber terrorism’ to domestic violence. An effectively used witness advising on an unfamiliar area of law can help a lawyer to win a case before it goes to trial. However, the danger is that if these experts are […]
Simmons to lose Hong Kong partner to Andersens
Simmons & Simmons has lost one of its partners in Hong Kong to the new law firm being set up by Arthur Andersen in the region. Julia Charlton, a corporate partner will help set up the Andersen-linked law firm which will be headed by Garrett & Co partner Justin Ede. It has not been decided […]