CMS Cameron McKenna was instructed to advise longstanding client Nomura International’s Principal Group on its bid for Meridien Hotels some six months ago. The deal was closed just 21 days after Nomura was announced as preferred bidder.`Camerons’ corporate partner and relationship partner for Nomura Richard Price led a team of more than 80 lawyers in the UK and brought in lawyers from the CMS network and associated firms to handle the acquisition of 150 hotels in more than 55 countries.`Ironically, the team also worked with former Camerons property partners Arthur Dyson and Robert Porter, who joined Clifford Chance last year. Dyson, a property finance specialist, led the Clifford Chance team which was instructed to advise on the financing of the acquisition. Clifford Chance is also a Nomura panel member.`Dyson worked with Porter on the £1.25bn sale-and-leaseback with the Royal Bank of Scotland, advised by Simon Kildahl at Berwin Leighton Paisner (BLP). A separate BLP team led by partners David Levy and Rachel Philips worked with James Davis at Freshfield Bruckhaus Deringer advising Compass on the sale.