Clifford Chance, Freshfields win key roles on Porsche’s VW merger

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Freshfields installs new US chief

Freshfields Bruckhaus Deringer has appointed New York-based corporate partner Julian Pritchard to the role of US regional managing partner. Julian Pritchard Pritchard replaces structured finance partner Brian Rance, who held the post for three years. Pritchard said: “What marks our business in the US is the exceptional quality of the teams that we’ve built in […]

1

Cadwalader office move sees firm downsize in City

After scouring London for the perfect home, ­Cadwalader Wickersham & Taft has found a new UK base. The US firm is downsizing dramatically. The 14th and 15th floors of Dashwood House, 69 Old Broad Street, gives the US firm 18,000sq ft compared with 35,000sq ft at 265 Strand. After vowing to rebuild London following a […]

102

Law Society to students: legal career may be too risky

The Law Society is set to launch a campaign warning students to think twice about embarking on a career in law. The information campaign will target university and secondary school students, and contain information about the cost of legal training as well as the shrinking number of training contracts of offer. According to the Law […]

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Work Life Quiz: Steven Fox, Ashurst

What was your first-ever job?I was the junior member and the only man in a large team of women slicing bacon in a meat factory in Wakefield, West Yorks.  I learned everything you need to know about life during that period – as well as more jokes about pork than I’d care to remember. Steven […]

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A question of trusts

Offshore purpose trusts have come into their own as a flexible legal vehicle, with most centres now embracing them in one form or another. By Samantha Morgan and Philip Munro For many, a ‘trust’ suggests ­merely a legal arrangement facilitating the devolution of wealth within families. Trusts are, however, used to effect a range of […]

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