RBS launches workout group in legal shake-up

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Axed DLA staff vent spleen over packages

A leaked internal memo has exposed the scale of anger over DLA Piper’s job-cutting programme, with employees confronting­ ­senior staff about the ­redundancy ;packages offered by the firm. As revealed on The Lawyer.com (11 March), minutes from a meeting held last month, after the firm announced it was to lose 30 lawyers and 110 ­support […]

Clydes recruits two partners to Abu Dhabi

Clyde & Co has boosted its Middle East presence with the hire of Islamic insurance (takaful) partner Peter Hodgins. It follows the addition of Abu Dhabi real estate lawyer Scott Aitken to the firm’s partnership. Hodgins joins from DLA Piper, where he helped establish its affiliate offices in Dubai and Riyadh. Aitken will head a […]

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Postcard from… Moscow

Considering that I am the most notorious expat in Moscow, there’s probably no one better to convey the experience of living in Moscow than I. In short: it’s the kind of place you end up notorious in without doing a thing to merit it. Considering that I am the most notorious expat in Moscow, there’s […]

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Norton Rose to offer four day week to partners

Reduced hours for all employees could save £5m a year in wages and profit payouts Norton Rose to offer four day week to partners” />Norton Rose is encouraging partners to take up part-time working under a radical scheme to offer reduced hours to all staff. Under the plan, which is yet to be approved and […]

Dentons cuts 76 jobs at end of consultation

Denton Wilde Sapte has laid off 76 people after holding a redundancy consultation with a number of departments across its London and Milton Keynes offices. A total of 37 fee-earners have lost their jobs with the remainder of the redundancies affecting the secretarial, IT, telecoms and library departments. The firm’s chief executive Howard Morris said […]

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