Norton Rose partners “frustrated” at flat profits despite global growth
Norton Rose Fulbright’s partners have expressed “frustration” after the firm’s profits and profit per equity partner (PEP) figures remained static last year despite a significant international expansion plan, The Lawyer understands.
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 […]
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 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 […]
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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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 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 […]
Slaughter and May and Allen & Overy (A&O) have advised in a £5.3bn asset sale from UK Asset Resolution Limited (UKAR) to a consortium of investors, including bond fund Pacific Investment Management Co (Pimco). Slaughters corporate partner Guy O’Keefe and finance partner Oliver Storey instructed UKAR, which was formed by the UK government at the peak of […]
Osborne Clarke has appointed litigation partner Ashley Hurst to head the firm’s digital business sector after Adrian Bott left the role to head up the firm’s Hong Kong presence earlier this month. Hurst joined Osborne Clarke in 2016 as a commercial litigation partner after spending 10 years at Olswang. Hurst trained at Hogan Lovells. In contrast […]
White & Case regulatory partner James Greig is moving back in-house after just two years at the US firm. Greig joined White & Case in 2016 from BNY Mellon, where he was EMEA regulatory counsel and head of the office of public policy and regulatory affairs. His last stint in private practice was between 2002 […]
Clifford Chance has won a first time instruction from Elliott Advisors on its purchase of UK bookshop Waterstones. This is the first time Elliott has completed a private equity deal in Europe, seeking counsel from magic circle partners Chris Sullivan and Spencer Baylin. The deal sees investment group Elliott purchase the bookstore operator for an […]
The hunt for David Green QC’s replacement as director of the Serious Fraud Office (SFO) has come to an end, with former FBI deputy general counsel Lisa Osofsky set to take charge, The Lawyer understands. Osofsky is currently the EMEA investigations head at governance and compliance organisation Exiger. Green’s tenure came to an end on […]
Kirkland & Ellis partner David Higgins has made his lineup debut at his new firm, supporting the team on a deal opposite his old shop Freshfields Bruckhaus Deringer. The deal saw Kirkland act for private equity house Pamplona on its sale of European pet food manufacturer Partner in Pet Food (PPF) to Cinven. Kirkland led […]