Shoosmiths has been drafted in on the administration of stationery chain Office Outlet, just six months after it underwent a company voluntary arrangement (CVA). The firm, led by Birmingham-based restructuring partners James Keates, Aaron Harlow and senior associate Charles Williams, is advising Deloitte in the administration process as a new buyer is sought. Richard Hawes and […]
Clifford Chance and Kirkland & Ellis are acting in a fresh takeover approach of British satellite company Inmarsat by a private equity-led consortium, in a deal that would value it at about $3.3bn (£2.5bn) and take it private. The magic circle firm has rallied a team in London and Washington, led by corporate partners Lee […]
Freshfields Bruckhaus Deringer and Hengeler Mueller are the lead firms advising Commerzbank and Deutsche Bank on their proposed merger. The Lawyer understands that Freshfields is working with Deutsche Bank, a longstanding client of the firm. City-based Sundeep Kapila is the firm’s global relationship partner for the bank, while partner Gunnar Schuster is believed to hold […]
A quartet of firms have won top roles on the £1bn sale of four of the Grange Hotel’s London leases, while Allen & Overy and Clifford Chance took the lead on financing matters. Bryan Cave Leighton Paisner (BCLP), Hogan Lovells, Brown Rudnick and Gowling WLG all advised on the sale of the buildings to Queensgate […]
DLA Piper has earned a first time instruction from ailing upmarket clothing brand LK Bennett, which yesterday confirmed it had called in the administrators. The firm is understood to have pipped Taylor Wessing and Mishcon de Reya to the post, which have both previously represented the retailer and its founder Linda Bennett in the past. […]
2019 looks set to be another challenging year for the retail industry, with Paperchase the latest store to enlist legal advisers on its company voluntary agreement. Kirkland & Ellis has secured the top role for Paperchase, with seasoned Kirkland restructuring duo Kon Asimacopoulos and Elaine Nolan advising the card store. The company was bought by […]
Cleary Gottlieb Steen & Hamilton has bagged the lead mandate for TPG in its sale of university rankings guide Times Higher Education. The deal sees TPG sell Times Higher Education to a vehicle owned by Inflexion Private Equity. Times Higher Education gathers data, rankings and content on universities around the world, and has clients including […]
A&O and Slaughters are advising on a deal between Ocado and M&S that could create the supermarket chain’s first food delivery service line.
Freshfields Bruckhaus Deringer has been called in by Canadian firm Stikemann Elliott to co-lead on Dairy Crest’s sale to a transatlantic buyer. The magic circle firm has been providing UK legal advice to Canadian company Saputo, which produces milk and dairy products. Freshfields corporate partners Stephen Hewes and Laurie McFadden has taken the lead alongside […]
The battle for UK plastics company RPC is heating up after it was revealed that US giant Berry Global, represented by Freshfields Bruckhaus Deringer, may bid against Apollo for the group. Slaughter and May partners Andy Ryde and Paul Mudie have been advising RPC Group throughout the process. Ryde leads Slaughters corporate practice, while Mudie […]
Flybmi has become the latest airline to enter into administration, with the company citing Brexit uncertainty as one of the main reasons for its collapse. DWF is acting for the administrators BDO, with a team led by Leeds-based associate partner Matthew Brown. The airline cancelled all flights over the weekend with immediate effect. DWF is understood to […]
Burges Salmon has been summoned to the rescue of scandal-struck café chain Patisserie Valerie, which has been bought by an Irish private equity company. Corporate restructuring partner Andrew Eaton is acting for Causeway Capital Partners, which has rescued Patisserie Valerie from its administrators KPMG for an undisclosed sum. Prior to joining Burges Salmon in 2016, Eaton […]
