Allen & Overy (A&O) and Linklaters have helped beverage company Britvic in its acquisition of a French rival, in a move that gives it a foothold in the substantial French soft drinks market. Linklaters corporate partner Owen Clay advised long-standing client Britvic in its €237m (£202m) purchase of Fruité. He worked with managing associate Daniel […]
Paul Hastings and Norton Rose have advised on the first property in the White Tower portfolio to be sold, after the buildings were put into administration last year. Finance partners Conor Downey and Charles Roberts at Paul Hastings acted for the special servicer CB Richard Ellis on the sale of the New Court building on Carey Street […]
CMS Cameron McKenna has advised on a joint venture to create a major wind farm development off the coast of North Wales. The €2bn (£1.65bn) Gwynt y Môr project – developed by RWE (60 per cent stake), Stadtwerke München (SWM) (30 per cent) and Siemens (10 per cent) – will feature 160 turbines and deliver 576MW of […]
Ashurst and Freshfields Bruckhaus Deringer have landed the key mandates on Swiss engineering group ABB’s recommended offer for power equipment supplier Chloride. The £860m offer, at 325p a share, was prompted by the approach earlier this year from rival bidder Emerson, whose initial offer valued the company at 275p per share. Acting for Chloride, Ashurst fielded a team led […]
City firm insists it is still a major force despite loss of top talent. If the rumours of a salary hike of up to 400 per cent are to be believed, the reasons for the recent departure of Ashurst corporate partners Gavin Gordon and David Arnold to Kirkland & Ellis should not be too hard […]
The Court of Appeal has upheld a High Court decision that said the libel case Fiddes v Channel Four and ors should be heard without a jury. The Master of the Rolls Lord Neuberger presided over the three-strong appeal panel that included the deputy head of the Court of Appeal Lord Justice Kay and Lord […]
The Office for Judicial Complaints (OJC) has found that Matrix Chambers’ Cherie Booth QC did not commit judicial misconduct when she said that a man found guilty of assault should be spared jail because he was “a religious man”. The OJC gave no reason for its decision. Acting in her capacity as a recorder, Booth […]
A consortium of boroughs in London and Kent have appointed 26 firms to a new joint panel. Around 80 firms competed to advise on a broad spectrum of areas including commercial, employment, environment, litigation, property and regulation. Successful appointees include Dickinson Dees, DLA Piper, Pinsent Masons, Trowers & Hamlins and Wragge & Co, as well […]
Herbert Smith has secured a £318m payout for client British Sky Broadcasting, which was in dispute with Electronic Data Systems (EDS). The broadcaster had been in dispute with the IT supplier for the last seven years over a customer relationship management (CRM) system it installed for the broadcaster in 2000. The original contract was worth […]
Cravath Swaine & Moore corporate partner Ronald Cami has joined private equity house TPG Capital as general counsel. Cami, who has been with the US firm since 1994 and has been a partner since 2001, is the second Cravath partner to leave for an in-house role this year after Julie Sweet became general counsel at […]
After months of speculation about the possibility of shareholder action against a high street bank, Lloyds TSB is now facing two test cases relating to the bank’s ill-fated takeover of HBOS.
Lady Justice Hallett has been appointed as chair of the Judicial Studies Board (JSB) for a three-year term. Hallett LJ, who is currently presiding over the inquest into the 7 July 2005 London bombings, was only the fifth woman judge to be appointed to the Court of Appeal. She is widely perceived as a possible […]