Brobeck and Camerons in Antisoma rights issue after failed drugs launch

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Marriott Harrison hires Steptoes litigation partner

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Holland & Knight cuts partner pay to save associate bonuses

Holland & Knight partners have bucked the trend for lower associate bonuses by paying themselves less Partners are sacrificing between 6 and 10 per cent of their bonus compensation and have pledged to leave associate bonuses untouched.The cuts will be made across the board, irrespective of individual, practice or office performance.One of the hardest-hit offices […]

Olswang scores Barclays as client

Olswang has won Barclays Private Equity as a client, muscling in on main advisers Pinsent Curtis Biddle and Addleshaw Booth & Co Pinsents’ main relationship partner for Barclays Private Equity (BPE) Jim Lavery recently decamped to DLA. It is understood that DLA, which has a strong relationship with the client’s parent company Barclays, is confident […]

CC, Linklaters in tax row

Clifford Chance is appealing a decision by an Indian tax tribunal that it has underpaid on tax It is part of a wider dispute involving other law firms, including Linklaters, and the Inland Revenue has been in talks with the Indian tax authorities seeking a breakthrough.The Law Society is appealing to the Indian High Commissioner […]

Milberg accused of greasing palms

Milberg Weiss Bershad Hynes & Lerach, the firm that The Lawyer last week revealed had been selected to lead the claims against Enron and Arthur Andersen, is the subject of a federal investigation Federal and Pennsylvania authorities are assessing whether Philadelphia City Controller Jonathan Saidel was paid consulting fees from the US firm in exchange […]

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