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Jones Day, King & Spalding and Norton Rose lead on sharia-compliant property deal

Jones Day, King & Spalding and Norton Rose all taken roles on the sharia-compliant financing of King’s Reach Tower on London’s South Bank. A joint venture between Saudi-based Jadwa Investments and the UK’s CIT secured a £100m senior facility from a consortium of banks led by ABC International Bank, a European subsidiary of Arab Banking […]

John Pickering

Irwin Mitchell returns to ABS table with debt collection company buyout

Irwin Mitchell is bidding for its sixth alternative business structure licence after announcing plans to buy a field agency and arrears management company. The firm is strengthening its ABS-approved subsidiary Ascent’s debt collection and field agency capability by acquiring PDP Management Services – a 30-employee company that includes major utility businesses and financial institutions as […]

Got a letter from Irwin Mitchell asking for money? Don’t pay it!

Irwin Mitchell’s top dogs are super busy with acquisitions and ABS applications as they concoct plans to take over the world – or at least move up The Lawyer’s UK200. But despite having a lot on their plates, they still had the wherewithal to clock a hoaxer trying to fly under the radar on the […]

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Supreme Court reverses CoA ruling on the legal definition of a house

The Supreme Court has ended years of legal uncertainty by ruling on what constitutes a house in the contest of leasehold enfranchisement. The two joined appeals raised the question of whether a property used wholly for commercial purposes qualified as a ‘house’ under legislation governing the right to leasehold enfranchisement – the right of a […]

Linklaters acts as Lehman Brothers edges closer to mass pay-out

Linklaters has helped secure a crucial agreement in the Lehman Brothers administration that looks set to pave the way for its assets to be liquidated. A team led jointly by global head of restructuring and insolvency Tony Bugg and partner David Ereira advised PricewaterhouseCoopers (PwC) joint administrators Mike Jervis, Tony Lomas, Steven Pearson and Dan […]

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