In brief: SJ Berwin recruits eight new partners

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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UK barrister claims two solicitors lied in affidavits

AN ENGLISH barrister who is suing US corporation Exxon in a Florida court has accused two UK City solicitors of lying in affidavits they submitted to it. Barrister Michael Ford makes the allegation – against Guy Hardaker, from Holman Fenwick & Willan, and Patrick Sherrington, at Lovell White Durrant – in a motion filed in […]

Loeff Claeys Verbeke opens in London

Benelux firm Loeff Claeys Verbeke plans to open a London office by 1 September. Sietze Hepkema, the firm’s spokesperson, said the office, to be based in the City and staffed by two partners and four associates, would be “independent” of six-year alliance partner Allen & Overy. But Hepkema said there were no plans for the […]

In brief: Hardwick & Company and Stallards merge

City corporate finance niche firms Hardwick & Company and Stallards are merging to form 11-partner Hardwick Stallards. Stallards, which has a representative shipping office in Barbados, is moving from its premises in Chiswell Street to Hardwick’s new offices in Jewry Street, EC3. Managing partner of the merged firm Simon Hardwick said the firm’s specialism in […]

Accountancy firms face prosecution in Portugal

Portugal’s attorney general, Cunha Rodrigues, is deciding whether to prosecute Ernst & Young, Price Waterhouse and Coopers & Lybrand over allegations that they advised on Portuguese law. Dr Soares Machado, president of the Lisbon Bar Association, said that the Bar had lodged a complaint against all three with Rodrigues. Two years ago, he said, Ernst […]

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