Revealed: 81 per cent of top UK firms have no black partners

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Letter from a Sullivan partner

The 25 June edition of The Lawyer ran a story about my appearance before the Competition Appeal Tribunal. The headline said “CAT raps Sullivan over non-qualified lawyer role”. The article then asserted that the firm had received a “slap on the wrist over a fundamental procedure rule”. Nothing could be further from the truth. The […]

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CEDR launches arbitration commission

The Centre for Effective Dispute Resolution (CEDR) today launched its Commission on Settlement in International Arbitration. The new commission, which was launched at its first meeting at the Herbert Smith offices, will investigate ways of making arbitration more cost-effective and ways of settling disputes earlier. A CEDR spokesman said: “International arbitration is attracting increasing amounts […]

Eversheds refuses to enter salary war

Eversheds has refused to bow to pressure from its national rivals by raising its salaries for newly qualified lawyers (NQs) to just short of the City rates of DLA Piper and Pinsent Masons. Despite a 17 per cent increase from £53,000 to £62,000, Eversheds’ City NQs will receive far less than Addleshaw Goddard’s, which has […]

OC hires Hogan projects partner

Bristol-based Osborne Clarke has scooped projects partner Richard Temple from the London office of Washington DC-based Hogan & Hartson. Temple has been a partner in Hogan & Hartson’s London energy, projects & infrastructure Group since 2005. Prior to that he was a partner in the energy, projects and construction group at CMS Cameron McKenna. Co-head […]

Bircham expenses blamed for PEP dip

Bircham Dyson Bell has posted a turnover of £31.5m for 2006-07, up 7 per cent from last year’s £30.1m. But average profit per equity partner (PEP) is projected to slump by around 12 per cent, from £310,000 to £270,000. Managing partner Guy Vincent said the results did fall slightly short of expectations, but that the […]

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