Nelson Mandela lawyer cleared of fraud charges

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Kirkland ramps up New York with Weil capture

Kirkland & Ellis has snared a restructuring partner from US rival Weil Gotshal & Manges to bulk up its New York restructuring capabilities. Christopher Marcus joins Kirkland as partner in New York. Marcus, who has advised on a number of high-profile restructurings including WorldCom in 2003, was made up in the firm’s latest round of […]

Linklaters, Lovells in face-off as BP claims against its Russian JV partner

Linklaters and Lovells are going head-to-head as BP starts its Swedish ­arbitration proceedings against Russian consortium Alfa-Access-Renova (AAR), which is in a lucrative joint venture with the energy giant. BP’s legal team alleges that the TNK-BP joint ­venture’s legal framework has been violated by AAR – a consortium made up of Russian billionaires Mikhail Fridman, […]

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Heads in the sand

Claims that the insurance industry can somehow sidestep the meltdown of the US financial market are wide of the mark, say Linda Dakin-Grimm and Patty Quilizapa The US credit market crisis is far from over, as the events of early July have demonstrated. California-based mortgage lender IndyMac Bank failed and the FBI has announced a […]

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Lords uphold SFO appeal against BAE bribe ruling

The Law Lords have upheld an appeal by the Serious Fraud Office against a High Court ruling that it acted unlawfully in terminating a probe into a BAE Systems arms deal. The Law Lords have upheld an appeal from the Serious Fraud Office (SFO) against the High Court’s ruling that it acted unlawfully in terminating […]

DAC on the hunt for another merger

Davies Arnold Cooper (DAC) has vowed to push its turnover through the £40m barrier by the end of this financial year as it scouts for another merger following its deal with KSB Law earlier this year. DAC ;senior ;partner Danny Gowan said the first two months of the current financial year were better than the […]

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