Eversheds: good, but must do better

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Fladgates enjoys 10 per cent revenue rise

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Gleiss helps kill off ‘locust’ tag

Private equity houses have famously been described as locusts (Heuschrecken) in Germany, but it looks as if Gleiss Lutz could have acted on the deal that will change this perception. Herbert Smith’s German ally advised regular client Blackstone on its first-ever investment in a government-controlled company. Blackstone acquired a 4.5 per cent, E2.68bn (£1.82bn) stake […]

A leap into the unknown

The entire legal landscape of England and Wales is set to change under new legislation unveiled by the Lord Chancellor Lord Falconer last week (24 May). The Legal Services Bill will radically reform the way lawyers work as it paves the way for both outside investment and multidisciplinary partnerships (MDPs). As revealed by The Lawyer […]

Tubular swells

Tulkinghorn jetted over to attend Bird & Bird‘s launch party for its Frankfurt office last Tuesday (23 May). A number of details caught his eye, in particular the bright-blue cocktails served in tall test tubes. Tulkinghorn tried one but remained none the wiser as to its contents. Among the more memorable individuals with whom Tulkinghorn […]

Ofcom chief exec Carter quits

Ofcom’s chief executive Stephen Carter has stepped down from his role, the Ofcom board has announced. Carter, who left NTL in 2003 to join the new regulator, has resigned from the position effective 15 october 2006. He will continue to lead on all operational and financial matters until his leaving date, but from 1 August […]

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