Communication break down

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Farrer & Co woos partners

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Drink firm bullish over name

A drink which has captured 90 per cent of the high-energy drinks market is at the centre of a pending High Court battle. The makers of Red Bull have launched proceedings to stop sale of an alcoholic drink called VRB, one of the nicknames given to Red Bull by drinkers when it is mixed with […]

Trainee barrister in High Court pay fight

A High Court action has been launched to establish whether the national minimum wage applies to trainee barristers during their pupillage. Judges have been asked to clarify whether Rebecca Edmonds, a pupil at 23 Essex Street whose first six months of pupillage was unpaid, is entitled to the minimum wage. In 1997-1998 nearly 200 pupillages […]

Financings

Freshfields has advised Banco Espirito Santo on arranging a euro727m (u486.6m) commercial bank facility for the funding of the Portuguese Northern Toll Road Concession. Mota & Companhia led a number of Portuguese contractors which sponsored the project. David Winfield

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