10 King's Bench Walk loses top barristers to rival chambers…

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Andersen Legal builds up Australian offices

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Scuffle of the week

The mobile phone companies had such fun scrapping over how many noughts they could add to their bids for the new mobile phone licences that they’ve decided to carry on fighting. One2One is suing the Government over its handling of the £22.5bn auction. The company, owned by Germany’s Deutsche Telekom, is challenging the Department of […]

Simmons strikes deal to keep banking ace

Simmons & Simmons is snatching back a banking partner on the eve of her departure to Bevan Ashford. Helen Hancock, who specialises in capital markets and structured finance, was due to leave the City firm for Bevan Ashford’s Bristol office because of undisclosed personal reasons. Simmons, however, has persuaded Hancock to stay by setting up […]

Deals

Olswang represented the management of Financial Data Systems (FDS) and institutional sellers Gresham Trust on the sale of FDS to Wolters Kluwer. FDS will be managed within Croner.CCH Group, a UK operating division of Wolters Kluwer. Fabrizo Carpanini, private equity partner at Olswang, acted with a five-strong team. Wragge & Co advised Wolters Kluwer.

Bird & Bird boosts Paris and Brussels offices…

Bird & Bird has hired corporate teams in Paris and Brussels to boost its European operations. In Paris, former Sales Vincent & Associes corporate partners Jodie Cohen-Tanugi and Francois Serres are to join the practice, both as partners. Cohen-Tanugi will head the corporate/M&A team which, in addition to Serres, includes a further four associates. She […]

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