Countrywide sale proves big draw for big firms

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Birmingham chief: Law Soc consultation “waste of money”

The legal chief of the UK’s biggest local council has slammed a “poor-quality” Law Society consultation on the role of monitoring ­officers, describing it as a “waste of money”. Birmingham City Council head of legal Mirza Ahmad is refusing to take part in the appraisal. The Law Society and Solicitors in Local Government (SLG) want […]

8

Freshfields defeats Competition Commission

Freshfields has scored an appeal victory for Tesco after the Competition Commission tried to alter the process for approving new stores. Freshfields Bruckhaus Deringer competition partner Deirdre Trapp has scored a Competition Appeal Tribunal victory for supermarket giant Tesco after the Competition Commission tried to alter the process for okaying new or extended stores. Tesco, […]

21

Co-op ABS plans to create thousands of legal jobs

The Co-operative Group has unveiled plans to create 3,000 jobs in the legal sector as it aims to revolutionise how legal services are delivered on the high street. The SRA approved the group’s plans to convert Cooperative Legal Services (CLS) to an alternative business structure in March (28 March 2012). Today, the company said it […]

Gide defies gloomy forecast with double launch in Dubai, Abu Dhabi

Leading French firm Gide Loyrette Nouel will launch two new offices in the United Arab Emirates (UAE) this week, opening simultaneously in Abu Dhabi and Dubai. The firm will open with 10 lawyers split equally between the two new offices, with Casablanca and Paris partners Sami Fakhoury?and?Yassir ­Ghorbal leading the Dubai and Abu Dhabi offices […]

9

Hammonds to trim 20 from its partnership

Hammonds is to cut up to 20 partners as part of a sweeping review that will see the firm’s partnership reduced by more than 10 per cent. The firm is blaming poor economic conditions for the cuts. It is understood that negotiations are already underway. Managing partner Peter Crossley (pictured) said: “We’ve been reviewing partner […]

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