29 August 1994

Property

Strathclyde Regional Council Pension Fund, advised by Nabarro Nathanson, has acquired for u22.93m the Octagon Shopping Centre in Burton on Trent from St Mowden, advised by Wragge & Co.

Property

David Lloyd Leisure, advised by Macfarlanes, has bought a 26-acre Bristol site for the construction of a tennis and fitness centre from joint venture companies Ashton Vale Land and Longmoor Land, advised by Lawrence Tucketts on planning and purchase, and Osborne Clarke on agricultural tenancies.

Financing

Graduates Appointments Ltd was advised by SJ Berwin & Co in a reverse take-over of United Tin Areas, advised by Charles Russell & Co.

Property

Chelsfield, advised by Ashurst Morris Crisp, has acquired a 50% interest in a new special purpose company with a private German investor, advised by Bond & Co, which has purchased for u35m St Catherine’s House in London’s Aldwych area.

Integrate

Systems Direct has launched Integrate, a database for transaction management and business information, aimed at lawyers. The Windows-based product has been developed in conjunction with a leading City firm.

Copitrak 2000

CITY firm Freshfields has introduced a photocopying charge system from Emos Information Systems. The Copitrak 2000 has been installed in 24 copiers in Freshfield’s London offices. The system can compute copying costs so that disbursements are calculated accurately. Each user has a code number to identify them to the system.

Children take court to pieces

COURT officials in Liverpool are soon to be seen building Lego with young witnesses in a scheme funded by the taxpayer. The officials have brought in a three-and-a-half foot long by 18-inch wide model courtroom, which they show to children due to appear in a real court as witnesses. The Lego model comes complete with […]

Pannone Napier dissolves

PANNONE Napier – the joint venture partnership set up by former Law Society president Rodger Pannone and leading personal injury lawyer Michael Napier – has dissolved. The specialist multi-party action firm, which brought in 50 partners from Sheffield’s Irwin Mitchell and Manchester-based Pannone & Partners, was the first of its kind when it was formed […]

Protest sparks fees debate

Anti-lawyer protesters demonstrated outside the American Bar Association conference in New Orleans chanting: “Stop the lawyers. Stop the lawyers.” One protester said: “No-one in this country can afford justice except the millionaire. I’d rather go to jail than pay some of those fees they charge.” Inside, attorneys were worried. The ABA spent $750,000 this year […]

Lawyers to advise revenue on performance

THE INLAND Revenue is to pick lawyers’ brains on how well the taxman performs. The survey, part of its Citizen’s Charter commitment, will focus on how effectively the Revenue administers the tax system on corporate and personal tax returns. It will be aimed at lawyers, accountants and other “agents” involved in preparing returns. It sets […]

Panel advocates use of set-off agreements

Banking lawyers should advise banks to use set-off agreements to protect their interests, the Financial Law Panel (FLP) says in a practice direction on security law. The advice is on how banks can secure their interests against cash deposits without taking a charge – the most common way for taking security. Lawyers favour a variety […]

Case Study

After lengthy involvement in commercial and mass-volume consumer debt recovery, Tarlo Lyons’ solution was to provide a single source of debt recovery. Our philosophy is that we should be able to handle any type of debt, whether that means collecting u50 by telephoning, or u1 million through the High Court. The emphasis is on collecting […]

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