21 October 1996

Flotations

Lewis Silkin acted for stockbroker John East & Partners in the £10 million placing of new shares for UK telecommunications operator Interoute Telecommunications. The placing coincided with Interoute’s listing on the AIM. Row & Maw acted for Interoute.

Property

Norton Rose acted for Cantor Fitzgerald on its leasing of 82,500 sq ft of head quarters office space at One America Square, London, from Scottish Widows. Freshfields represented Scottish Widows.

Project finance

Beachcroft Stanleys is acting for the preferred bidder

Property

Stephenson Harwood acted for Inter-Continental Hotels and Resorts in its £81 million sale of the Britannia Hotel, Mayfair, London, to Millenium and Copthorne Hotels. Clifford Chance represented Millenium.

Flotations

Paisner & Co acted for directory publisher Prestige Publishing on its application for its issued share capital to be traded through OFEX and a placing and offer of £1.23m of shares.

Profession's women deserve a fairer deal

Women across the profession will no doubt be delighted by the appointment of Heather Hallett QC as chair-in-waiting of the Bar. It is good to see that to some degree traditional male bastions are being eroded. It also sends a positive message to female barristers that perhaps there is room at the top after all. […]

The Lawyer Inquiry: Reina Maria May

Reina Maria May was born in Amsterdam on 1 January 1950. She now lives in Highgate and is a partner at Collyer Bristow. What was your first job? Junior research assistant at the Faculty of Law, Amsterdam University, 1970-72. What was your first ever salary as a lawyer? 6,000 Dutch Guilders annually, then the equivalent […]

Project finance

Denton Hall advised the DoT’s Highways Agency on a 30-year PFI contract with the UK Highways consortium for upgrading

Flotations

Simmons & Simmons acted for General Cable in its £160m acquisition of the remaining 50 per cent of Yorkshire Cable Group from Singapore Telecom giving it control of the business.

Fraud loophole

The Home Secretary, Michael Howard, has promised to plug a loophole in the law relating to mortgage fraud following a report last week from the Law Commission which recommended urgent new legislation. The gap was brought to light by a Law Lords’ decision last July in which they allowed the appeal of alleged mortgage fraudsters […]

In brief: Wilde Sapte takes on projects expert

Wilde Sapte is boosting its major projects team with the appointment of senior solicitor David Nanson from the Commonwealth Development Corporation, where he headed the team responsible for the company’s investments in major infrastructure projects in South and South-East Asia. Nanson qualified as a solicitor in Canada in 1985 and in the UK in 1992.

US expats predict second Clinton term

Leading US lawyers in London are unenthusiastic about next month’s US presidential elections. They are in no doubt that Clinton will clinch another term in office and are sorry that it is not going to be a more exciting race. Several say they will be forced to vote for Clinton because of the unsuitability of […]

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