CC wins Paris court battle with associate

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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PwC survey shows UK firms’ poor showing in billing stakes

The ability of UK law firms to bill promptly and collect debts within a reasonable time period has deteriorated since last year, PricewaterhouseCoopers’ (PwC) annual financial management survey has revealed. The value of debts older than 90 days among the top 25 firms increased from 19 per cent in 2003 to 24 per cent in […]

Careesrs: In brief

Manchester firm Antony Hodari & Co has introduced an HR service designed to help staff effectively manage personal issues arising outside the office. The firm, which employs more than 100 staff, has partnered with Validium, the integrated employee assistance programme (EAP) provider and specialist HR support consultancy, to provide staff with an EAP. The programme […]

Firm ‘friends’

The stormy nature of Clifford Chance‘s communications, media and telecoms team has passed into legal market mythology, with partners allegedly having stand-up rows at group meetings before slamming doors and flouncing out. (Sounds a bit like Tulkinghorn’s house.) News now reaches these shores providing more evidence of the chronic lack of communication between the partners. […]

Telfa adds four to network

Four new law firms have joined legal network Trans European Law Firms Alliance (Telfa), building on its Eastern Europe expertise. Joining the network are Austrian firm Doralt Seist Csoklich, Bihary Balassa & Partners of Hungary, Romanian firm Mariana Anghel Law Firm and Hökerberg & Söderqvist in Sweden. Last year the appointment of Polish firm Kalwas […]

Deutsche Bank leads radical e-billing drive

Deutsche Bank is leading a group of nine of the world’s largest financial institutions, together with Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters and Simmons & Simmons, in piloting a web-based information portal that it hopes will lead to an e-billing standard. Deutsche Bank and Morgan Stanley have been the first banks to […]

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