28 July 1997

Property

Wilde Sapte advised Amresco Retail Ventures on its £26.4m acquisition of 13 investment properties from Land Securities, represented by Nabarro Nathanson.

Flotations

Clark Holt of Swindon advised computer software company AIT Group on its admission to the London Stock Exchange with a market capitalisation of £30m. Osborne Clarke advised sponsor Greig Middleton.

Property

Norton Rose acted for BICC on its sale of Reading’s 700,000 sq ft Oracle shopping centre site to a joint venture between developer Hammerson, represented by Nabarro Nathanson and the Abu Dhabi Investment Authority, advised by Simmons & Simmons, which took a 50 per cent interest in the venture.

Flotations

Wragge & Co has advised computer software company Delcam on its £15.4m listing on the AIM.

Property

Lovell White Durrant acted for the Prudential on the £107m purchase and 35-year lease-back of ICI’s London headquarters at 9 Millbank, London SW1, to ICI. Field Fisher Waterhouse acted for ICI.

Financing

Stephenson Harwood advised Christies on issuing $100m worth of notes in a private placement to finance the refurbishing of premises in New York. New York firm Chapman & Cutler was Christies’ US counsel and Hebb & Gitlin advised the noteholders.

Property

Nabarro Nathanson advised the Post office on the sale of its sorting office at King Edward Buildings to Merrill Lynch, advised by Linklaters & Paines. Merrill Lynch plans to convert the historic building into its 500,000 sq ft European headquarters.

Flotations

Berwin Leighton acted for London bus company Metroline on its £37m listing on the London Stock Exchange. Rowe & Maw acted for the sponsors to the listing.

The Lawyer Inquiry: Eamon Moloney

Eamon Moloney was born on 25 August 1954. He is a partner in the shipping and international trade department at Eversheds. What was your first job? As a midshipman, washing up for 600 sailors on HMS Fearless while in the terminal stage of seasickness. What was your first ever salary as a lawyer? £45 per […]

We are pro pro bono

Write to: The Editor, The Lawyer, 50 Poland Street, London W1V 4AX, Fax 0171-734 0534 I see that the beatings about pro bono work are going to continue until morale improves (The Lawyer, 21 July). Contrary to your frequent editorials, can I point out that the Law Society is totally supportive of moves to encourage […]

Fat cats or court fees – what is the issue?

The recent debate on the level of court fees was diverted by Lord Irvine’s attack on “fat cat” lawyers, but should the Lord Chancellor have run a different argument? asks Roger Smith. Roger Smith is director of the Legal Action Group. Those that live by the sword have a tendency to die by it. Lord […]

In brief: Walker-Arnott re-elected at Herbert Smith

Edward Walker-Arnott has been re-elected senior partner of Herbert Smith in an uncontested election. First appointed senior partner in May 1992, he will remain in the post until April 2000. “It is a great honour to be able to lead Herbert Smith into the new millennium,” he said. “We are excellently placed to take advantage […]

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