Banks turn to Herbert Smith for KKR’s Alliance Boots bid

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Related briefings

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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Nestlé panel faces rejig after four-year reprieve

Nestlé has launched a massive review of its European legal panel with a repeat of its ‘Running Shoes’ strategy, which cut 25 per cent of its legal spend last time round. The contracts are worth up to SWf5m (£2.07m) a year for the panel firms, which are Freshfields Bruckhaus Deringer, Mayer Brown Rowe & Maw […]

DLA Piper brings vulture fund down to earth with Zambian debt reduction

DLA Piper has scored a substantial reduction in the damages a so-called vulture fund was seeking to retrieve from the Zambian government. Mr Justice Smith ruled in the High Court (24 April) that the claim should be limited to $15.5m (£7.73m), as opposed to the $55m (£27.44m) sought by the vulture fund. US company Donegal […]

CC settles with Russian clients for unpaid fees

Clifford Chance has settled a claim against a group of Russian shipping clients that had refused to pay their bills. Shipowners Rimsco, KD Marine and R&S Navigation, alongside managing agents AL Maritime and Cloudfree Ship Management, had instructed Clifford Chance to act in a dispute between themselves and four fishery companies.While Clifford Chance billed the […]

Lords join A-listers’ catty, snappy wars

After a seven-year fight, OK! magazine has beaten rival Hello! in the legal equivalent of a sudden-death penalty shootout. See story. And the bitter atmosphere surrounding the Douglases’ wedding photo fight has even spread to the normally placid Lords, with Lord Hoffmann and Lord Walker of Gestingthorpe at loggerheads. Walker worded his dissent carefully and […]

Small mercies

Clifford Chance‘s move to raise associate salaries by a bit, but not too much (to allow top partners to earn more than £1.1m) has let its rivals off the hook, Tulkinghorn hears. “We were delighted,” confides a mole at Herbert Smith. “The pressure’s off. There was a bit of gloom from the associates, but some […]

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