Blackstone seals Government victory in age discrimination case

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Gowling advises Cairngorm Capital on acquisition of MJ Wilson Group

International law firm Gowling WLG has advised client Cairngorm Capital Partners LLP (Cairngorm Capital) on the acquisition of M J Wilson Group Limited (MJ Wilson), the leading independent UK distributor of process instrumentation and control products. The transaction was led by Corporate, Finance and Tax partner Ian Piggin, Jade MacDonald and Stephen Bowman with support […]

Tikit enhances UK sales team

To deal with growing client demand Tikit expands its sales team with the appointment of former IT Lab employee Craig Dootson.  Craig has vast experience of the IT industry having worked across multiple areas including licensing, thin client technology, cloud hosting and Office 365.

Cedarlake acquires majority share of BMF

Cedarlake Private Equity Fund I, advised by Rantum Capital, has acquired from Argos Soditic Funds the majority of BMF Group AG, the world’s third-largest ropeway manufacturer with more than 320 employees in Switzerland. Vischer advised Cedarlake and Rantum. The team led by partner Dr. Robert Bernet comprised Dr. Peter Kühn, Sebastian Flückiger, Ruben Masar, Aron […]

Pensions in 30 Podcasts, episode 27: Termination of employment and pension losses

By Ian Chapman-Curry Key Points Calculating pension loss can be complex, especially where the employee was in a defined benefit pension scheme. The Employment Tribunal service published a 2003 guidance note which suggested two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn. During April and […]

Ogier in Luxembourg advises Echo Energy on £20m bond issue

Ogier has provided Luxembourg advice to Echo Energy plc (Echo Energy) on the raising of £20m through an issue of bonds listed on the Luxembourg Stock Exchange Euro MTF Market. Echo Energy plc is a London listed Latin American focused mid-cap oil and gas company pursuing a high value piped onshore gas strategy across South […]

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Herbies picks up Bank of Scotland loan facility work

Herbert Smith advised Bank of Scotland on a $300m (£206.13m) loan facility to oil and gas exploration and production company Dana Petroleum. The company will use the money to purchase Toronto Stock Exchange-listed oil and gas exploration and ­production company Bow Valley, which focuses mainly on the UK North Sea. Herbert Smith banking partner Jason […]

US quartet advise on $41bn Merck buyout

A quartet of US firms has won lead roles on Merck’s $41bn acquisition of pharmaceuticals rival Schering-Plough. Fried Frank Harris Shriver & Jacobson partners David Shine, Philip Richter, William Reindel and Damian Ridealgh led a team advising Merck on the deal. Wachtell Lipton Rosen & Katz partner Andy Brownstein advised Schering-Plough. Merck is a longstanding […]

Addleshaws recruits DLA Piper partner for regulatory strategy

Addleshaw Goddard has bulked up its financial regulation group with the lateral hire of a partner from DLA Piper. John Ahern is set to join Addleshaws just as the firm finalises the departures of 19 partners from its ranks. In January the firm announced that it was trimming its partnership after deciding it had too […]

Ashurst settles on new corporate chief

Ashurst has selected private equity partner Stephen Lloyd as managing partner of its corporate practice. He replaces Roger Finbow, who is due to retire at the end of the year. Finbow has been a partner at Ashurst since 1985 and corporate managing partner for five years. He announced that he was going to stand down […]

Orrick puts brakes on Middle East launch

Orrick Herrington & Sutcliffe has backtracked on plans to open an office in the Middle East as a result of the bleak economic ­outlook for the region. Last year (15 December) The Lawyer reported that the US firm had underscored its commitment to the Middle East and was exploring opportunities for a dual assault in […]

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