Merger hopefuls should take note of Sony-BMG debacle

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Merger deal creates India’s largest firm

Two of India’s oldest law firms, Fox Mandal and Little & Co, have merged to create the country’s largest legal practice and are on the lookout for further expansion opportunities. The merger to create Fox Mandal Little (FML) comes at a time when Mumbai-based Little & Co was losing lustre following the departure and retirement […]

Bakers brings in bonuses on back of revenue hike

Baker & McKenzie has introduced a new bonus scheme for all UK staff after preliminary figures revealed a 9 per cent increase in London revenue to break the £100m barrier for the first time. London managing partner Gary Senior said the new bonus scheme, introduced from 1 July, would provide all fee-earners and support staff […]

Akin Gump loses $1.1m negligence suit

Texas firm Akin Gump Strauss Hauer & Feld has been ordered to pay a former client $1.1m in damages after being found to have been negligent in its representation. The suit filed by National Development and Research Corporation (NDRC) and its owner Robert Tang did not name any individual lawyers as defendants. The judgement calls […]

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