Raft of firms advise on Terra Firma's acquisition of Garden Centre Group

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  • Exactly how many of these firms were advising Bank of Scotland? I count three, which is absurd. Great to see taxpayer's money being spent so wisely. God bless the great bureaucracy and chinese walls of our banks.

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  • By Bank of Scotland, I mean Lloyds in its various guises ...

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  • AC @ 12:09 - I read in the FT that Rothschild ran the sale process ... so add that fee to the pot!

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  • Add the different firms advising the company itself, Memory Crystal and Macfarlanes. Since Lloyds owns this company, that means it had 5 advisors on this transaction!

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  • That's a heavily staffed transaction. I bet egos were flying all over the place in a battle to be the number one chief amongst many. Glad my firm wasn't involved, although would perhaps have been interesting to see the dynamic between all of Bank of Scotland's advisors! Were they together or taking instructions from different people at Bank of Scotland?! SJ Berwin was seemingly the lone wolf against all those advising the bank

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  • Not often I say this, but ... I (almost) feel sorry for SJ Berwin! 1 against 5.

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  • At least the Dundas & Wilson associates on this deal aren't being made redundant (see other story in The Lawyer) - well, one would hope!!

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  • Out of all this "raft" of advisors, only 3 women are mentioned as against 9 men. Are we a little saddened about that or is not on trend to talk about female under representation in the industry anymore?

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  • Anon @ 5:27pm

    That's actually a pretty low comment - I'm sure you meant it with good intentions, but we have no idea about the situation or the decisions being made at Dundas & Wilson, and whether any of the individuals affected were on this transaction. Surely you have the good sense to know that one deal doesn't save you from redundancy.

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  • Anon @ 5:34pm, that is such a stupid statement! I'm almost certain that there will have been plenty of women working on this in the wings, the legal industry is most certainly not light on women.

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