SJ Berwin advises Capitol films on sale
SJ Berwin, led by Steven Davis and Mark Sanders, advised the three owners of Capitol Films – Sharon Harel, Jane Barclay and Hannah Leader – on the sale of the company to Los Angeles-based entrepreneurs David Bergstein and Ronald Tutor. Over the past 16 years Capitol, which has financed Robert Altman’s period drama Gosford Park, has become one of the most successful independent film companies in the world. Bergstein and Tutor were advised by Davenport Lyons.
Cravath, Paul Weiss land roles on Polo Jeans selloff
New York firms Cravath Swaine & Moore and Paul Weiss Rifkind Wharton & Garrison had a slice of the $355m (£198.5m) action in Jones Apparel Group’s sale of its Polo Jeans Company to Polo Ralph Lauren. Cravath represented Jones Apparel in the deal, which was announced last Monday (23 January), and included the settlement of outstanding litigation. The Cravath team was led by partners Scott Barshay from corporate and Ron Rolfe from litigation. Paul Weiss acted for Polo Ralph Lauren, led by partner Douglas Cifu.
Iceland looks to Hill Dickinson on M&S deal
Hill Dickinson’s Liverpool office acted for frozen food retailer Iceland on the disposal of 28 stores to Marks & Spencer (M&S). Property partners Michael Stephens, John Lomax and Tony Parry alongside employment partner Rob Coward worked on the £38m deal for existing client Iceland. The transaction sees the stores become part of M&S’s ‘Simply Food’ brand. Wragge & Co partner Susan Bennett acted for M&S.