OFAC revises the ‘50 per cent rule’ with regards to aggregate ownership

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands law advice to Colour Life Services Group Co on its HKD1.15bn (£89m) listing on the Main Board of the Hong Kong Stock Exchange by way of Hong Kong public offering and international offering. Colour Life Services Group is a property management company in the […]

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Shoosmiths hires new senior associates to Manchester real-estate team

Shoosmiths is boosting its north-west real-estate team by bringing two new senior associates as well as a solicitor into its Manchester office. Matthew Forrest joins as a senior associate specialising in real-estate litigation working with retailers, developers, investors, utility and telecoms companies. Forrest was previously an associate with Hill Dickinson. He is recommended in legal directory […]

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No5 Chambers’ Tom Schofield prosecutes in cannabis production case

Tom Schofield of No5 Chambers has prosecuted Carl Berry, 51, and Baldev Deshi, 47, both from Langley, who have been found guilty of producing cannabis and possession of the drug with intent to supply. Berry has been sentenced to four-and-a-half years and Deshi has been given a one-year sentence. Tom Schofield, prosecuting, said police found […]

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