French govt looks to Herbert Smith for Snecma sale advice

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Skadden hires Sanofi counsel into Paris fold

Skadden Arps Slate Meagher & Flom has taken on the general counsel of French pharmaceutical company Sanofi-Synthelabo for its Paris office. Laurent Cohen-Tanugi joins as a partner in the M&A department after handling Sanofi’s unsolicited public bid for Aventis this summer. He lost the role of general counsel for the merged company to Aventis’s Dirk […]

EBRD probes Eastern Europe law

The European Bank for Reconstruction and Development (EBRD) is conducting a wholesale review of the commercial law systems of Eastern Europe to pinpoint areas in need of reform. The EBRD has just completed its first survey, which was of Slovenia. It concluded that, while extensive reforms had already been completed, including the adoption of EU legislation ahead of its […]

Sweden’s courts fall foul of ECJ

Sweden faces censure from the European Commission for failing to refer enough cases to the European Court of Justice (ECJ). The Commission has called for Swedish courts to refer more cases involving interpretation of EU law to the ECJ, arguing that with only three referrals since 2001 Sweden is breaking its EU treaty obligations. Brussels […]

CC loses rainmaker as partner is picked for FSA chairman role

The Financial Services Authority (FSA) has appointed rated Clifford Chance investment funds partner Tim Herrington as the chairman of its Regulatory Decisions Committee, as revealed on www.thelawyer. com (19 November). The former chairman of the committee Christoper Fitzgerald, an ex-Slaughter and May partner, resigned following the ‘Plumber’ scandal, in which the entrepreneur Paul Davidson’s appeal against a […]

Linklaters ditches junior partner role in global harmonisation plan

Linklaters’ German practice is phasing out the role of junior partners in a bid to harmonise the job titles used by the firm’s international offices. A spokesman for Linklaters said the firm’s German offices were dispensing with the title of junior partner in favour of the equivalent title of managing associate. This was to bring it closer in line […]

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