Nationwide slashes 43 firms from commercial lending panel

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Very much like the apparently magical mechanism that boffins use to insert jam into doughnuts, the process by which Clifford Chance elects its senior partner is shrouded in mystery. Some say that three wise men are chosen to follow a star from Frankfurt to Canary Wharf, searching for a new-born child with the countenance of […]

Macfarlanes, Sackers advise as EMI hikes pension fund to tune of £200m

Macfarlanes and Sacker & Partners have advised on a pensions deal that has seen record company EMI agree to pay almost £200m into its pension scheme. The trustees of the EMI Group Pension Fund, who were advised by Sackers partner Peter Murphy, had been preparing for a hearing before the Pensions Regulator’s determinations panel in […]

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Food and drink on the menu as SH gears up for office move

Moving can be a stressful experience, but any Stephenson Harwood employees nervous about their impending relocation to new offices at One Finsbury Square can at least rest assured that they will know where to find a decent fry-up on their first morning. The firm is putting together its own guidebook to the area, with a […]

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Manches vows to make post-recession comeback

Manches is set to enter a fresh era of growth under the leadership of newly appointed chief executive Judit Petho. Petho, a trained lawyer, has joined the firm from global accounting network RSM International, where she held the post of chief operating officer for the past two years. The decision to take up the senior […]

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McGrigors to cut 40 jobs in UK-wide redundancy round

Edinburgh-headquartered McGrigors has launched a redundancy consultation with the aim of cutting 40 jobs across its UK network of offices. The redundancies are expected to affect fee-earners and support staff and will take place across the real estate, banking, projects and procurement, corporate, and risk advisory practice areas. The redundancy consultation, which began on Monday, […]

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