Legal aid cutbacks to hit coalminers

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Davies Arnold Cooper is a sign of the times

The revelation that Davies Arnold Cooper is to make 90 staff redundant and is on the verge of selling off its Manchester office will send shudders through many middle-sized firms. At first glance, DAC’s drastic move seems to signal that something is seriously wrong in the mid-sized firm market and in the North West. Both […]

Four-fold hike for legal salaries

Salaries in private practice have risen by an average of four times the inflation rate over the past year, according to a survey by The Lawyer and Michael Page Legal. The survey shows a range of increases between three and 18 per cent, together with a buoyant market in which quality non-contentious lawyers are in […]

In-house barristers threat to split from Bar Council

The UK’s main in-house barristers’ group has threatened to split from the Bar Council if the extended rights of audience provisions for employed lawyers are dropped from the Access to Justice Bill. The warning from Bar Association for Commerce, Finance & Industry (Bacfi) chairman Susan Ward comes just days after the chairman of the Law […]

In brief: The Law Society

The Law Society council has coughed up nearly £500,000 to help dig the beleaguered Office for the Supervision of Solicitors (OSS) out of its backlog misery. But the money – required to pay extra staff to deal with thousands of pending complaints – will only clear the backlog that has accumulated up to December 1997. […]

Andrew Witts on resurrecting debts that have been rejected.

Andrew Witts is a banking litigation partner at Dibb Lupton Alsop’s City office. Mr Justice Park is to consider whether a claim for set-off can be raised following an earlier rejection of a proof of debt – one of the issues in BCCI (Overseas) (In Liquidation) v Habib Bank in the Court of Appeal. The […]

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