Cravath teams with Freshfields to defend Nasdaq bid

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Corporates ignorant of anti-corruption laws

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CC wannabes up for corporate scrap

Are things not quite so rosy in the Clifford Chance garden? The news that there are three candidates thinking of standing against the incumbent for the position of London head of corporate is highly significant given the magic circle firm’s current mania for consensus. It is hardly a vote of confidence for David Pearson, the […]

US in-house counsel lose out on bonuses

US-based general counsels have seen their base salaries rise by an average of 8 per cent during 2006, according to the latest survey of corporate legal counsel salaries. Deputy general counsels fared almost as well, seeing their average base salaries rise by 7 per cent during 2006. The change in base salary saw US general […]

Lovells aims for magic circle with new strategy

Lovells has concluded the next stage of its strategic review and released a statement to help reposition itself as a serious contender to magic circle firms. The statement, which was presented at the firm’s annual partner conference in Barcelona on 11 November, is twofold: it wants to be a top-quality international firm handling high-end work […]

Weil to shed clients in private equity reshuffle

Weil Gotshal & Manges is realigning its London private equity practice around a core group of premium clients in the ongoing battle to become the number-one private equity firm in the City. The US firm is looking to reduce the number of clients serviced by the booming London-based group to an as yet unspecified number […]

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