Euro bank cuts its legal panel from 100 to eight

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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It has been a bad week for:

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Cameron McKenna wins consultancy award

Cameron McKenna last week became the first law firm to be named “Consultancy of the Year” by the British Consultants Bureau at its annual awards ceremony. Camerons won the accolade for the work of its energy and projects practice in restructuring the Californian electricity market. Camerons team of partners led by Fiona Woolf, head of […]

Manches hires Booker eight months after he quits CC

Leading insolvency lawyer Ashley Booker is to join Manches & Co this week, after his sudden departure from Clifford Chance eight months ago. Booker, who will head the firm’s insolvency group, still refuses to explain why he left Clifford Chance, except to say it was “for personal reasons”. Clifford Chance began inquiries in March into […]

Step in right direction for FSA

Philip Hoult says the FSA’s creation of an independent tribunal and practitioners’ forum shows it is capable of taking criticism on board. The City may finally be getting the regulatory regime it deserves for financial services. The Treasury’s approach to the launch of the new super-watchdog, the Financial Services Authority (FSA), can most charitably be […]

In brief: LAG says 'pay as you go' will hit the poor

The Legal Action Group (LAG) has claimed that the Lord Chancellor, Lord Irvine’s plans to hike up court fees by introducing a “pay as you go” system will stop low-income households from “pursuing legitimate claims”.

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