Financing
The Brough Skerret Law Partnership advised Abtrust Asian Smaller Companies Investment Trust on its flotation and the placing of £35 million worth of shares. Herbert Smith advised the sponsors Panmure Gordon and Co.
Property
Birmingham firm Edge & Ellison is acting for Barberry House Properties in a £14 million construction project in Wednesbury for catalogue giant Index, part of the Littlewoods Organisation. The Black Country Development Corporation, advised by Eversheds, is giving £3 million in grant aid to the project. Liverpool firm Cuff Roberts acted on behalf of Index.
AER now on CD-ROM
Butterworths has launched the new fully-electronic CD-ROM version of the All England Law Reports. The CD-ROM will give instant access to every significant law report since 1936 on a screen which appears exactly as it does in the printed volumes. Lisa Taylor, marketing officer at Butterworths, said: “The response we have had from the legal […]
End to eleventh hour evidence
A new High Court ruling demonstrates that courts intend to implement the Woolf recommendations and will block last-minute moves to introduce new evidence into actions if they are likely to delay the trial. This tough stance comes from a patent action in the High Court’s Chancery Division where Mr Justice Jacob refused to admit last […]
Financing
Garrett & Co advised Independent Radio Group on its placing of 10 million ordinary shares to raise £10 million and admission of its share capital to the Alternative Investment Market.
No thanks to UK attorneys
I trust the Law Society will vigorously oppose the Guildford College of Law proposal to introduce the title of “attorney” for persons who do not qualify as barristers or solicitors but provide services as legal advisers or paralegals. To refer to “US-style attorneys” is misleading, since the title “attorney at law” originates in England. I […]
Financing
Ashurst Morris Crisp acted for the Electronics Boutique
Linetime order
A £61,000 order has been placed with legal software developer Linetime by London firm Stafford Young Jones. The order from Staffords, a 12 partner practice, includes practice accounting and time recording, credit control, purchase ledger, database, Wordperfect word-processing as well as Dataflow case management and Context conveyancing, Linetime’s latest fee-earner support.
Carving up the matrimonial assets
The £9 million divorce pay-off to Maya Flick, ex-wife of Friedrich Flick of the Mercedes empire, recently became public in the Appeal Court. The level of the highest ever award in ancillary proceedings by our courts has been an open secret among divorce practitioners for a long time. But the profession is now waiting for […]
In brief: First Berkshire Medico-Legal meeting
The Berkshire Medico-Legal Society will hold its inaugural meeting at the Reading Holiday Inn at 6.30pm on 7 November. About 90 people are expected to attend the event, which will include talks from barrister Dr Margaret Branthwaite, secretary of the Association of Personal Injury Lawyers Roger Goodier, and Institute of Legal Executives president David Pipkin. […]
Law Society cautions DTI on tribunals
THE Government should fully research whether there is a need to restrict media reporting of industrial tribunals involving the disabled before actually going ahead with any proposals, warns the Law Society. The society has responded to a proposed amendment by the Department of Trade and Industry to procedural rules of industrial tribunals. The proposed changes […]