24 October 1994

Points wide of the mark

Your 4 October edition had a number of interesting articles about what the membership thinks of the Law Society’s leadership and functions. Geoffrey Adams of Cardiff is wide of the mark on two matters he mentions. The first is the history of franchising negotiations. The society did not suddenly “decide to consult with the profession” […]

Flotations

Independent Parts Group was advised by Simpson Curtis on its u8m share placing on the London Stock Exchange.

PI firm's union link

Personal injury firm Rowley Ashworth has made an information transfer operation between its computer system, AlphaLaw, and the Amalgamated Engineering & Electrical Union’s (AEEU). The software for the transfer system was designed and implemented by Management Support Systems (MSS) and the AEEU. The system gives the AEEU automatic access and up-to-date records on the position […]

Why the world is UK firms' oyster

Why have City law firms done so well? Their success has been due to that of the City’s financial institutions, says the City Research Project study, which examines the competitive advantage of the Square Mile’s law and accountancy firms. Firms’ other strategic advantage has been the asset of English law. The law firms have succeeded […]

Financings

Multimedia group First Information Group was advised by Norton Rose on the u4m debt and equity investment in it by 3i Group

Flotations

Pillar Property Investments was advised by Norton Rose on its u170 million flotation on the London Stock Exchange by way of placing and public offer. Certificates of title in relation to certain English properties were prepared by Gouldens. The sponsors were BZW

Flotations

Exco was advised by Ashurst Morris Crisp on its u215.5 million flotation

Financings

Hemingway Properties was advised by Ashurst Morris Crisp on the issue and listing of a further u42.5 million 10.375 per cent first mortgage debenture stock

Property

Anquila Corporation, advised by Norton Rose, has acquired 63/65 Buckingham Gate in London for u38.5m from the freehold vendor Trust Company of Australia, advised by Clifford Chance. Buckingham Gate, Natal Trading and Hawfinch were advised by Linklaters & Paines.

Property

Morrison Supermarkets, advised by Gordons Wright & Wright, has purchased land for a new superstore between Cleethorpes and Grimsby from Limes Developments, advised by Andrew & Co in Lincoln.

Property

Standard Life, advised by Herbert Smith, has bought for over u9m the freehold in a 139,000 sq ft warehouse scheme in Mollison Avenue, Enfield from Sainburys’ subsidiary JS Developments, advised by Lovell White Durrant.

Litigation Disciplinary Tribunals 25/10/94

BRIAN DENNIS CAPLIN, 44, struck off in June 1990, refused restoration to Roll. Caplin, struck off after substantiated allegations he misused client funds for own and other clients’ purposes, misled clients, failed to pay stamp duty and Land Registry fees, breached professional undertakings, made misleading statement to bank. Law Society Compensation Fund paid out u276,572 […]