DWF spent £17m on mergers in 2012/13, LLP accounts reveal

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Walker Morris to close PI business putting 48 roles at risk

Leeds-based Walker Morris is closing its 48-strong personal injury department, blaming “continuing turmoil” in the personal injury (PI) market. The move comes just days after Lyons Davidson announced a 50-strong redundancy round, blaming the changes on the effects of the Jackson reforms, which were introduced in April (18 November 2013 ). Walker Morris said changes caused by the […]

Cross-border VAT: the new one-stop shop

The place of supply rules govern where a particular supply takes place, and therefore determine where businesses are obliged to register, collect and remit Value Added Tax (VAT) due on their supplies and in which member state. There are important changes to the VAT place of supply rules affecting cross-border services from 1 January 2015. […]

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Dechert’s fee dispute – a sign of things to come?

For a while now legal business soothsayers have been forecasting an increase in fee disputes between solicitor and client. The news that ENRC is contesting an extremely high proportion (almost 70 per cent, or £11m) of Dechert’s £16m legal bill might be the result of a freak storm, but equally it could portend a deeper […]

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Herbies hit by legacy Freehills exits in Singapore

No global merger ever comes together without a few hiccups. The hard work – or integration as it is known – can only start when the lawyers are officially brought together under a united brand. With the rush of merger activity the legal sector has seen in recent years it was inevitable that there would […]

Italy Real-Estate Update — November 2013

Starting from 1 January 2014 significant changes will come into effect with reference to registration tax, as well in respect of cadastral and mortgage tax application in Italy. On the contrary, the VAT treatment of real-estate investments will not be affected by such new provisions. The new rules will be applicable to transfers of real-estate […]

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