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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Freshfields and Links lead on RBS’s UAE sell-off

Magic circle duo Freshfields Bruckhaus Deringer and Linklaters have bagged the leading roles on the sale of RBS’s UAE retail banking business to Abu Dhabi Commercial Bank (ADCB). The $100m (£67m) deal marks the first time a local UAE bank has bought an international bank’s retail arm. Freshfields acted for ADCB, fielding a team led […]

A&O beefs up Sydney office with Mallesons hire

Allen & Overy (A&O) has boosted its fledgling Australia practice with the hire of a competition partner from local firm Mallesons Stephen Jacques. Dave Poddar will join the firm’s Sydney office and will be the first competition partner among an 18-partner team. A&O opened in Australia earlier this year with the hire of 17 partners, […]

Double standards

First it was on, then it was off, then it was on again: Mayer Brown and Simmons are doing a bit of a Burton-Taylor, but with a tad less flouncing. So now we know that the two really are serious about each other, let’s have a look at the logic behind the talks. As is […]

Pillsbury beefs up New York with 14-lawyer Nixon Peabody team

Pillsbury has strengthened its New York office with the hire of 14 lawyers from Nixon Peabody. The group includes Mats Carlston, previously head of global finance at Nixon Peabody and a former co-leader of the firm’s global strategies initiative. Carlston has joined as head of Pillsbury’s leveraged finance team along with four other partners. Pillsbury […]

Shepherd & Wedderburn posts 11 per cent revenue drop

Scottish firm Shepherd & Wedderburn increased profits by 9 per cent in the 2009-10 financial year despite revenues dropping by 11 per cent. The 98 per cent of staff who took a one-off period of unpaid leave – a cost-saving measure introduced last year – are also set for a loyalty payback in which they […]

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