BLP’s PEP slides to £414,000 as revenue remains steady

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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DLA job cuts give rise to enmity between Aussie, UK lawyers

DLA Piper managing director for Europe Andrew Darwin was in Dubai last week. The firm is remaining tight-lipped on the reason for his visit, but with the fortunes of the Dubai office being linked closely to the fluctuations of the property and construction market sources claim that the stopover by chief executive Nigel Knowles’s right-hand […]

Opinion: Downsizing in Asia?

UK or US law firm leaders operating in Asia should consider carefully the downsizing strategies used and how these are affected by the cultural nuances of the region. Downsizing is a peculiar strategy because, despite unequivocal evidence that downsized firms do not outperform non-downsized firms, it is often a first resort for management when profits […]

Litigation leads as BLG posts turnover rise

Barlow Lyde & Gilbert has posted a 6.4 per cent rise in turnover from £81.7m to £86.9m at the 2008-09 year-end. The litigation practice brought in the largest proportion of fees at £69.8m, 9.6 per cent above last year’s £63.7m. The corporate practice contributed £8.25m, while property was up marginally on the previous year, contributing […]

Cadwalader to reduce City office space by up to half

Cadwalader Wickersham & Taft has signalled its intent to permanently downsize its London operations by finalising an office move that will see it reduce its space in the City by almost half. The US firm, which ­currently occupies roughly 35,000sq ft at 265 Strand, is making a final decision between three possible new locations with floor spaces of […]

7

BPP students made to wait for exam results

BPP Law school has denied claims that an outbreak of swine flu caused it to delay releasing exam results to its Graduate Diploma in Law (GDL) students for two days earlier this week. Hundreds of would-be lawyers had to wait 48 hours longer than expected for their exam results after BPP said that a technical […]

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