EY grows as last Tite & Lewis partners quit LG

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Labour and employment laws

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Further UK challenge to FTT possible, according to Ben Jones from Eversheds

Eversheds has commented on the rejection of the UK’s challenge to the proposed Financial Transaction Tax (FTT). Ben Jones, tax expert at the law firm, said: ‘The court’s rejection of the UK’s challenge was anticipated but, from the details currently available, should not prevent a further challenge being raised by the UK if necessary. ‘Reading […]

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Patton Boggs hands $15m to Chevron to settle Ecuador claims

Patton Boggs has handed over $15m to Chevron and issued a statement of regret, bringing to an end its high-profile legal battle with the oil giant. A month after the firm vowed to defend the “below the belt” counterclaims brought against it by the oil giant, the firm has settled claims against it with a […]

Khaitan & Co advises Exal Corporation on buy-out of stake in Casablanca Industries

Khaitan & Co has advised Exal Corporation on its complete buy-out of Mankind Pharma’s stake in Casablanca Industries Private and its subscription of shares in Casablanca by Exal India BV, a subsidiary of Exal Corporation, and Indicans India BV for approximately $9.5m (£5.6m). Pursuant to the transaction, Exal India BV will own a 20 per […]

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