Why the Nike Alliance is a legal trendsetter

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Professional negligence: Claims vs reality

Clients are more willing to bring claims against professional service providers but the risk to defendants is not as dramatic as it might seem  Professional negligence claims have soared in value in recent years, with damages being sought for tens, if not hundreds of millions of pounds, but the settlements are often far lower. Robin […]

Sale of part — sharing the burden of positive covenants

By Richard Willcox The Court of Appeal has held that a purchaser who obtains part of a property that has the benefit of a right of way must assume the burden of contribution to that right of way, appropriate to the part of the property that he has acquired. Dobson Park Properties Ltd (DPPL) owned […]

Compliance and white-collar crime

In all areas of business, companies are facing mounting levels of compliance risk. Consequently, effective corporate compliance measures, corporate criminal proceedings and investigations have markedly gained in importance. In response to this, and to better service the needs of our clients, Schoenherr has established a dedicated criminal compliance and white-collar crime team. The team’s substantive […]

Hill Dickinson to pilot centralised billing

Hill Dickinson has become the latest firm to moot plans to create a new centralised billing system in order to reduce lock-up and increase efficiency. The defining feature of the new system is likely to be a move away from lawyer-led billing to a dedicated centralised billing team taking responsibility for generating bills. The firm […]

The pari passu clause and the Argentine case

The case of NML Capital Ltd v Argentina decided by a US federal court of appeals in New York in October 2012 held that Argentina violated a standard pari passu clause in its old unrestructured bonds and therefore Argentina was ordered not to make any payments on new bonds unless it made a rateable payment […]

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