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Quindell extends exclusivity period for Slater & Gordon takeover bid

Aim-listed ABS Quindell has extended the exclusivity period relating to Slater & Gordon’s potential acquisition of its professional services division to 31 March 2015. The latest statement comes amid speculation that following a due diligence process Slater & Gordon offered just £700m for the company’s legal services division, despite a top-end price tag of £1bn. […]

Money
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WilmerHale’s revenue stalls at $1.1bn as PEP grows by 7 per cent

WilmerHale’s average profit per equity partner grew by 7 per cent in 2014, from $1.5m to $1.6m (£1.03m) even as the firm’s revenue stalled at just under $1.1bn (£712m). The figures demonstrate that the firm’s profit per equity partner has grown by 41.6 per cent over the past five years, since hitting the $1.13m mark […]

Ogier becomes member of Digital Jersey

Ogier has become a member of Digital Jersey, the independent body representing stakeholders in Jersey’s digital community. Following recent changes to Jersey’s e-gaming offering, the island is the newest tier-one jurisdiction to emerge, offering lost cost, high quality e-gaming services. The strength of Jersey’s involvement in the digital sector, particularly in e-gaming, was highlighted at the […]

King's Bench Walk Inner Temple

Sidley Austin partner brings StreetMap antitrust case against Google to Preiskel & Co

Sidley Austin partner Tim Cowen has joined technology, media and telecoms (TMT) boutique Preiskel & Co as an equity partner. Cowen has brought with him to the firm a multi-million pound antitrust litigation against Google brought by mapping site StreetMap. StreetMap is bringing damages claims against Google alleging abuse of dominance in the way in […]

Trust raises £100m, advised by Wragge Lawrence Graham & Co

Wragges’ investment funds team has advised Gabelli Value Plus Trust on a fundraising worth £100m. Gabelli Value Plus is a new investment trust that will invest predominately in equity securities of US companies, deploying its investment manager’s proprietary Private Market Value with a Catalyst methodology. The assets are managed by Gabelli Funds, a New York-based investment […]

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