BLP’s profits pain

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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US firms Weil Gotshal & Manges and Jones Day have picked up key roles on the merger between US semiconductor equipment maker Applied Materials and Japanese rival Tokyo Electron. The all-share deal will create an electronics manufacturer with a market capitalisation of $29bn. Weil Gotshal acted for Applied Materials, fielding Silicon Valley M&A partner Keith […]

Sandelson retains Clifford Chance global litigation chief role

Clifford Chance partners have re-elected Jeremy Sandelson for his second term as global head of the firm’s litigation and dispute resolution practice. Sandelson became partner at Clifford Chance in 1988, and was elected managing partner of the firm’s London litigation practice in 2003. In 2005 he scooped the role of regional managing partner for Clifford […]

Ofcom begins consultation on Earth stations on mobile platforms

Ofcom has published a consultation on its proposals for authorising land-based, aircraft-mounted and ship-mounted Earth stations on mobile platforms (ESOMPs). Considered a solution to the problem of providing broadband connectivity to passengers on board vehicles such as aircraft, ships and trains, ESOMPs will use the radio spectrum to provide broadband backhaul links via satellite. Ofcom […]

Zero-hours contracts

September’s TUC conference fixed the spotlight on zero-hours contracts. In the UK, around one million workers are employed on such contracts under which they remain ‘on call’ but with no guaranteed work. At the TUC conference, the Labour party outlined proposals to outlaw such contracts in their current form, notably to give anyone working for […]

Stewarts’ Marathon man

Year by year the London Marathon demonstrates triumph over adversity. And it doesn’t come much more adverse than this. As we report today, a trainee lawyer who also happens to be quadriplegic is taking the organisers of the London Marathon to court over their refusal to allow him entry because of his need to use […]

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