Ofgem ups stable of legal advisers to reduce outlay

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Wilson Sonsini overhauls management group

West Coast technology firm Wilson Sonsini Goodrich & Rosati has revamped its management board following a tough year, which saw a small drop in revenues to $377m (£200.2m) and static profit of $865,000 (£459,000) per partner. Chairman and chief executive officer Larry Sonsini has stood down from the latter role, with John Roos filling the […]

Morgan Lewis raids Orrick for Paris team

Morgan Lewis & Bockius has made its first significant French hire since opening in Paris last June with the arrival of Stéphan Alamowitch from Orrick Herrington & Sutcliffe. Alamowitch, who was Orrick’s head of structured finance, will help establish a global finance practice for Morgan Lewis. He brings with him two associates. Alamowitch joins Morgan […]

MoD flies in Wragges to advise on ship purchase

Birmingham giant Wragge & Co has scooped an instruction to advise the Ministry of Defence (MoD) on the £3bn production of two new aircraft carriers. The work will net the firm several millions of pounds in fees over its expected five-year duration. Wragges to advise on ship purchase” />Birmingham giant Wragge & Co has scooped an […]

Careers: People

Trethowans has appointed Pye Smiths’ head of personal injury (PI) and clinical negligence David Healy as a partner in its PI team in the Salisbury office. It has also hired Lester Aldridge‘s head of employment Simon Rhodes as partner and head of employment at its Southampton office. Foot Anstey Sargent has recruited Elizabeth Crawford from […]

The inside job

The seemingly uncontroversial Section 404 of the Sarbanes-Oxley Act is turning out to be a thorn in the side of companies trying to clean up their acts. Alexander Cohen reports When the US Sarbanes-Oxley Act was passed in 2002, the internal control provisions of Section 404 attracted relatively little notice. Similarly, the Securities and Exchange […]

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