Barclays Capital arranges and underwrites £680m worth of senior and mezzanine facilities in connection with the leveraged acquisition of Rank’s holiday division by a consortium comprising Bourne Leisure Group
DLA takes on Garretts Leeds office
The news follows speculation that Garretts was to close its loss-making Leeds practice, as predicted in The Lawyer (23 October). The 31-fee-earner team joining DLA includes commercial and technology partner Richard Bonnar, transport partner Nick Painter and real estate partner Tim Field. For full story see The Lawyer on Monday 13 November.