Dewey Frankfurt tax team spins out as standalone practice

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Tulkinghorn: Smile and the world laughs at you

Those ungrateful support staff at CMS Cameron McKenna have reacted with what can only be described as disdain at the prospect of being hived off to outsourcing specialist Integreon. The atmosphere wasn’t helped, Tulkinghorn learns, when these loyal Camerons servants were given the lowdown on the corporate philosophy of the American outsourcer. Apparently, it all […]

Davis Polk, Slaughters and Norton Rose take on £1bn Jupiter IPO

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Herbies ups trainee and NQ pay, reinstates junior lockstep

Herbert Smith has increased pay bands for newly qualified (NQ) solicitors and trainees while keeping most associate pay bands at last year’s levels. The firm has upped its pay for NQs from £60,000 to £61,000 while pay levels for first and second year trainees have risen by £500 to £38,000 and £43,000 respectively. The band […]

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