8 April 2002

Deals summary

Addleshaw Booth & Co (Richard Lee) has advised George Wimpey on the £16.5m sale of Alfred McAlpine Homes Cumbria to Senator Homes. Senator advised by Eversheds. DLA advised the Royal Bank of Scotland, which provided finance. Nicholson Graham & Jones (Kevin McGuiness, Richard Woolich, Warren Phelops) advised boxing promoter Frank Warren on a £10m joint […]

A home from home

On the subject of interior design, one of Tulkinghorn’s scouts was chatting to US firm Thacher Proffitt & Wood recently, which seems to have undergone a slight change of strategy brought about by its new home. The firm’s offices used to be in the World Trade Center, and while it looks for new offices it […]

Deal of the week – Cantrell & Cochrane

Dicksons and McCanns tuck into C&C flotation Dickson Minto has secured a key role in Ireland’s largest initial public offering (IPO) of the year, the dual flotation of Cantrell & Cochrane (C&C) on the Dublin and London stock exchanges. Top Irish firm McCann FitzGerald and Matheson Ormsby Prentice are also involved for C&C and the […]

Opinion

Events since 11 September have caused pharmaceutical companies to question their intellectual property (IP) rights and the power of governments to override those rights in times of national emergency. On 24 October, the US Department of Health & Human Services and the Bayer Corporation announced their agreement for a significant new federal purchase of the […]

The best alternative

The battle between lovers of litigation and those who espouse ADR has become more intense, with some high-profile cases upping the stakes. Dominic Spenser Underhill investigates There is nothing new in the debate (which was starting to meander somewhat) over the extent to which the courts should intervene in the manner in which parties resolve […]

Mediate action

Mediation is not always the best solution. Michel Kallipetis QC and Colin Manning describe how the Court of Appeal’s process needs to change if it is to become standard practice On 20 March 2002, the Lord Chancellor’s Department published a further report in its Research Series entitled “Alternative Dispute Resolution in Commercial Cases and in […]

Panic stations

FSA chairman Sir Howard Davies’s recent attack on lawyers’ reactions to the new market abuse rules has prompted a return volley of fire from practitioners. Jon Robins reports We have heard some high-priced, high-octane nonsense emanating from well-paid lawyers,” a characteristically forthright Sir Howard Davies, chairman of the Financial Services Authority (FSA), told a City […]

Insurance

The insurance industry has become the latest bunny to be stunned by the oncoming headlights of the Financial Services Authority (FSA) and its cavalcade of regulators. Since assuming its full powers at the end of November 2001, the FSA has publicly avowed to ramp up regulation of the UK’s insurance industry.Regulatory costs are anticipated to […]

Lovells steers Ford Credit loan issue

Lovells was able to involve its own German and Dutch arms for the first time on this latest in a series of securitisations for long-standing client Ford Credit.The loans were originated by Ford Bank, the German branch of Ford Motor Company subsidiary FCE Bank.Capital markets partner David Harris and senior lawyer Simon Schiff led the […]

Football League holds fire on suing ITV Digital owners

Despite threatening to sue ITV Digital owners Granada and Carlton for failing to deliver on a £315m rights deal, the Football League has not yet instructed its lawyers The league has been highly vocal on its plans to sue Granada and Carlton for £500m, including damages and costs, if the TV companies fail to pay […]

Dickinsons boosts private client

Dickinson Dees has recruited divorce lawyer Margaret Simpson from Archers to head its private client department in the Tees Valley office Simpson has taken the majority of her clients with her. Family law partner Ray Porter will replace Simpson as head of Archers’ family department.

DTI pays out £17m to Thompsons to cover costs of miners' claims

Thompsons Solicitors has received a £17m payout from the Department of Trade and Industry (DTI) for its work on emphysema and vibration white finger (VWF) claims Thompsons represents miners suffering from the conditions and is instructed by their union. Last year the firm’s turnover was £33m.The DTI recently paid a total of £789m in compensation […]

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