Berwin Leighton Paisner beats Linklaters in GAME appeal ruling

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Asset-backed funding for occupational pension schemes

By Paul Carney Readers will be aware that occupational pension schemes providing benefits on a salary-related or defined-benefit (DB) basis — including ‘final salary’ pension schemes — have been in the news for several years. This is because companies sponsoring such schemes have experienced increasing difficulty funding them. Funding a DB scheme is rooted in […]

Money

Paul Hastings hits $941m as key financials rise

Paul Hastings has posted a 3.6 per cent rise in revenue for the 2013 financial year, with turnover increasing from $908m to $941m. In a year when most of the firm’s key fiscal metrics rose, average profit per partner grew by 4.6 per cent from $2.08m to $2.17m while revenue per lawyer increased by 5 […]

The Lawyer recognises Karanovic & Nikolic as top law firm in Eastern Europe and Balkans

Karanovic & Nikolic has announced that it has beennamed ‘Law Firm of the Year’ for Eastern Europe and the Balkans at The Lawyer’s recent annual European Awards ceremony. The awards showcase legal knowledge and expertise and recognise excellence in corporate, finance, projects and competition work. All award recipients have demonstrated a commitment to excellence across […]

Social media sites — recent developments and potential risks (part one)

By Clare Brown There can’t be many people who haven’t heard of Facebook. If you aren’t one of the 1.26 billion users worldwide, they are rarely out of the press. Even our language has assimilated Facebook-inspired changes in meaning; ‘to friend’ — to connect with another facebook user; or ‘to poke’ — to get the electronic attention […]

Ombudsman’s decision will preclude subsequent litigation on the same matter

Wragge & Co first reported on the decision in Clark and another v In Focus Asset Management & Tax Solutions Ltd in January 2013. In essence, the claimants accepted the Financial Ombudsman’s decision arising out of their complaints against their financial advisers. The losses were in excess of £500,000 and the Ombudsman found they were […]

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