Birmingham set No5 takes on Peter Feinberg QC

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Two Hong Kong-based partners from Australian firm Mallesons Stephen Jacques will be ordered to pay HK$96.82m (£6.79m) to Yazhou Travel Investment Company, after losing a Hong Kong High Court action. On 28 January, the Hong Kong High Court ruled against partners David Bateson and Paul Starr (formerly of legacy firm Bateson Starr) and solicitors Lo Wau Ki […]

Orrick takes over Rome practice in Italian drive

Orrick Herrington & Sutcliffe has continued its attack on the Italian market by taking on a 16-lawyer firm in Rome, just 10 months after launching an office in Milan. Three-partner firm Studio Legale e Tributario (not to be confused with Ernst & Young (E&Y) firm Studio Legale Tributario) specialises in banking and finance and administrative law. The […]

Four Malta Parmalat subsidiaries come through investigation clean

Four Parmalat-linked companies in Malta set up by Maltese government lawyers and a further three established by Parmalat’s own auditors have been given a clean bill of health by the island’s Financial Services Authority (MFSA). Joe Bannister, the MFSA’s chairman, said investigators are looking into whether questionable off-balance sheet transactions took place through Parmalat-related accounts in […]

Offshore jurisdictions fill pockets of barristers – but for how long?

Barristers’ earnings from overseas clients have increased by almost 40 per cent over the past two years. Income derived from so-called zero-rated or VAT-free work suddenly shot up from just over £61m (see chart) in year end 2000 to almost £85m in year end 2002, according to the Commercial Bar Association (Combar). Figures for 2003, currently being […]

Citigroup executive returns to O’Melveny fold

O’Melveny & Myers has welcomed back Citigroup’s former chief operating officer (COO) as senior partner of its New York office more than a decade after his departure from the firm. Michael Masin is returning to O’Melveny after taking on a number of high profile executive roles that most recently saw him as vice president and […]

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