In brief: Geldard retires as senior partner

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Partner joins board of EDS

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Financings

* Yorkshire Electricity Group was advised by Herbert Smith in relation to its u200m 9.25 per cent bond issue

Opportunity still knocks

BUSINESS conglomerate Hanson is favouring smaller and local law firms in its high-profile £500 million new town project, which is expected to generate millions of pounds in fees for professional advisers. And Norton Rose, advising on environmental issues surrounding the now equally high-profile colony of great crested newts resident on Hanson’s development site, is the […]

Lawyers' fury over Brussels 'tax'

BRITISH law firms are protesting over proposals from the Brussels Bar to charge up to u400 per lawyer per office for registration on a list of foreign lawyers. “We have made it clear that we want it substantially reduced,” says Law Society head of international Hamish Adamson. The list is being drawn up by the […]

City should pick up bill in frauds, says group

LEGAL aid in corporate fraud trials should be paid for by the City’s own regulators not the taxpayer, according to the Legal Action Group. The suggestion comes in the pressure group’s response to the Lord Chancellor’s consultation paper on legal aid for the apparently wealthy. The group says media uproar over spiralling legal aid bills […]

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