27 January 1997

Financings

Linklaters acted as both US and UK counsel for private equity financier BC Partners in the creation of its ECU1.1bn ($1.2bn) European private equity fund by a series of private placements in one of the largest ever private equity raisings in New York

In brief: Dunt made senior partner at Clyde & Co

Clyde & Co insurance specialist John Dunt has been elected as the senior partner at the firm’s Guildford office. Dunt, who joined the firm in 1975, succeeds Robert Chapman, one of the two partners who moved from the City to set up the Guildford office 26 years ago. Chapman retired from the firm recently.

European Court casts doubt on TUPE law

The TRANSFER of undertakings law has been thrown into confusion following a European Court opinion which suggests that the employment obligations binding on one contractor may not be passed on to a successor. The recent opinion by Advocate General La Pergola at the European Court of Justice, that a changeover of contractors is not necessarily […]

Japanese airline brings Denton Hall on board

Denton Hall has been appointed to advise a new Japanese airline on all “international aspects” including financing a fleet of aircraft. The airline will be based in Sapporo, capital of the Hokkaido region in northern Japan. A name for the airline is yet to be decided but the consortium behind it is called Hokkaido Operations […]

Private lives, public concern

News is what someone somewhere doesn’t want published. All the rest is advertising,” said newspaper baron Lord Northcliffe. But there are a lot of people out there who do not want the public to know their business and want the existing law extended as well as new, tough privacy legislation. The curtailment of the principle […]

“You really wouldn't expect it of law firms”

The start of 1997 has not been good for personnel managers at law firms. First came the Freshfields trainee, Katherine Cawthorn, suing her firm for loss of career and claiming sex discrimination in the way she was treated on a business trip to Africa. Then there were details in the national press of young solicitor […]

Insurance firms active as merger approaches

SPECIALIST insurance firms Berrymans and Lace Mawer have both made key strategic announcements in the run-up to their widely anticipated merger. London firm Berrymans has just made nine of its solicitors partners, while the Manchester firm with which it is in merger talks has revealed that it is planning to open up an office in […]

Financings

Manches & Co advised utilities company Saur (UK) in securing a £15m loan from De Nationale Investeringsbank. Clifford Chance acted for the bank.

A snug fit at Levi's

Scott Squillace Scott Squillace, chief European counsel for US clothing giant Levi Strauss & Co, says there is one main reason why he decided to become in-house counsel: “What I liked doing most was counselling. In private practice you counsel, then leave. I wanted to get closer to helping influence the decision making process.” After […]

Flotations

Charles Russell acted in the UK for Select Appointments on its US public offering and listing on Nasdaq. Mayer Brown & Platt acted in the US. Macfarlanes and Fulbright & Jaworksi acted as UK and US advisers respectively for underwriters Prudential Securities and Robert W Baird & Co.

Financings

Pinsent Curtis acted for biotechnology company Cerebrus on raising £13.7m through a private placing by Merrill Lynch. Clifford Chance advised some of the institutional investors.

The Lawyer Inquiry: Danny Preiskel

Danny Preiskel was born in London on 7 November 1965. He is now a senior assistant solicitor with London firm Rakisons. What was your first job? A summer job packing books at a publishing house. What was your first ever salary as a lawyer? £16,000 (SJ Berwin & Co). What would you have done if […]