Milbank bonuses remain static for second year

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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HP dumps Sonsini following phones scandal

Hewlett-Packard (HP) has dumped Silicon Valley firm Wilson Sonsini Goodrich & Rosati from its role as primary outside counsel in the wake of the identity fraud scandal surrounding the company. As of January 1, Wilson Sonsini will no longer be HP’s primary outside counsel. Up until now, the firm has been the go-to legal advisers […]

East End councils unite for Olympics

Five East London authorities have founded a joint working group to maximise the opportunities presented by the Olympics. The London Boroughs of Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest, which are hosting the event, have formed the Five Host Boroughs Group to minimise competition between the authorities and to exchange support. Director of law […]

Kite lures former DaimlerChrysler counsel

The Kite Consultancy has bolstered its strategic consultancy service with the appointment of former DaimlerChrysler general counsel Chrissi Evans. Evans, who quit as group general counsel at DaimlerChrysler in February to start up her own consulting business, teams up with Kite chief executive and former T-Mobile general counsel Julia Chain. Evans said: “What I really […]

Lawyers split on govt deal to drop BAE SFO probe

Allen & Overy and its client BAE Systems were celebrating this morning after the Serious Fraud Office (SFO) sensationally dropped its investigation into the company’s involvement with the Al Yamamah defence contract with Saudi Arabia. According to an SFO source close to the BAE inquiry the discontinuation ofthe investigation is unprecedented. “On the basis of […]

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