High Court issues warning to 2Birds over RBS shareholder action

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Breach of MCOB does not affect underlying right to possession

A breach of the Mortgage Code of Business (MCOB) rules does not affect the underlying right to possession. This was the finding of the High Court in Thakker and another v Northern Rock (Asset Management) plc, in which the lender sought possession of Thakker’s property following an accrual of arrears. Thakker sought to defend (by […]

Walker Morris set to exhibit at LGA/cCLOA Culture, Tourism and Sport Conference

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High Court strikes out borrower’s repeated attempts to avoid repossession

Mortgage Express (ME), together with the fixed charge receivers it appointed in respect of the claimant borrower’s six buy-to-let properties, obtained a summary judgment/strike-out order to end the borrower’s High Court claim against it. The claim asserted that the receivers were ‘wrongly appointed’ by the bank and were acting unlawfully. The claimant owned six buy-to-let […]

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DLA Piper’s global revenue creeps up to $2.48bn

DLA Piper’s global revenue inched up by 1.7 per cent for the 2013 calendar year, rising to $2.48bn (£1.56bn). The results follow an increase of more than 8 per cent between 2011 and 2012, to $2.44bn (£1.55bn) (7 February 2013). Having stayed relatively static in 2012, revenue per lawyer increased 3.3 per cent from $605,000 […]

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DLA Piper, Fenwick & West and William Fry lead on Candy Crush IPO

DLA Piper, Fenwick & West and William Fry have advised King.com, the company behind Candy Crush Saga, on its proposed $500m IPO on the New York Stock Exchange (NYSE). The entertainment brand plans to use the funds for working capital and acquisitions. Fenwick & West advised on the US listing aspects of the deal from […]

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