Collapsed SFO case puts Akin Gump in hot water

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Kennedys and Simpson & Marwick call off merger

Kennedys and Scottish firm Simpson & Marwick have called off their planned merger, citing “complex reasons”. The firms issued a joint statement today (11 December), six weeks after postponing the original merger date of 1 November (25 October 2013). In the statement, the firms said: “Both firms and their partners hold each other in the […]

Conyers provides Bermuda law advice to Aircastle on $400m offering

Conyers Dill & Pearman has provided Bermuda law advice to Aircastle on the offering of $400m (£240m) aggregate principal amount of its 4.625 per cent senior notes due 2018, which completed on 5 December 2013. Citigroup Global Markets, Goldman, Sachs & Co, JP Morgan Securities and RBC Capital Markets acted as joint book-running managers for the […]

Allen & Overy’s Madrid office hosts Spanish Arbitration Club event

On 13 December 2013, Allen & Overy’s Madrid office will host a meeting of the under-40s group of the Spanish Arbitration Club. Elena Gutierrez, leading counsel of the Madrid Court of Arbitration, will speak on best practices in international arbitration and what not to do. The event has been organised by senior associate Jose Luis Terron and associate Victor Bonnin from Allen & Overy’s global […]

Introduction of new-build empty property relief on 1 October 2013

The relief is available at the discretion of the relevant local authority under the powers granted to it at section 47 of the Local Government Finance Act 1988. The qualifying criteria are as follows: the property must be an unoccupied, non-domestic property comprised wholly or mainly of qualifying new structures; and the construction of the […]

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