Paying the piper

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Related briefings

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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Blake Lapthorn PEP sinks to associate level

Equity partners average £65,000 – less than their fixed-share comrades Walter Cha Tumbling profits at Blake Lapthorn have led to some of the firm’s equity partners taking home less than the junior lawyers they supervise. In what has been a ­dismal financial reporting season across the legal profession, the south coast firm has seen average […]

Dundas maintains healthy profit margin despite PEP decrease

Dundas & Wilson experienced a 20 per cent drop in average profit per equity partner over the past financial year, but continued to operate with a relatively high profit margin. Equity partners on the entirely merit-based ­remuneration system made an average of £308,000 in 2008-09 compared with £385,000 the previous year. The profit margin stands at 37 […]

BAA’s new GC to shake up advisers

BAA is poised to carry out a review of its external legal advisers following the recent appointment of Carol Hui as the airport operator’s ­general counsel. Hui said: “I’ll be reviewing BAA advisers. I’m new to the job and need to do whatever’s best for the ­business to ensure it has the advice that’s appropriate […]

CC’s Indian ally merges with Bangalore firm

Clifford Chance’s Indian ally AZB & Partners has extended its presence in India via a merger with the Bangalore firm of Anup Shah. The tie-up doubles AZB’s capacity in Bangalore and also gives the firm a base in Chennai and Hyderabad for the first time, according to LegallyIndia.com. Shah set up his sole proprietor practice, […]

Power struggle: Roger Clayson, Nuclear Decommissioning Authority (NDA)

Between winding down Sellafield and overseeing a £70bn nuclear waste clean-up, the interim legal head of the Nuclear Decommissioning Authority Roger Clayson has his hands full. Corinne McPartland reports Roger Clayson ”Learning to work for a governmental organisation has been one of the biggest challenges for me,” says the Nuclear Decommissioning Authority’s (NDA) interim head of […]

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