Sacker & Partners has sealed its reputation in the pensions market, advising the trustees of Telent’s pension scheme amid intervention from the Pensions Regulator. Sackers partners Jonathan Seres, Peter Docking and Ian Cormican acted for the trustees of the GEC 1972 Plan, approaching the regulator to request it exercise its powers to appoint an independent […]
CMS Cameron McKenna has muscled in on what is an otherwise magic circledominated defence auction for Project Services, the nuclear decommissioning unit of British Nuclear Fuels (BNFL). Camerons is advising defence and support company VT Group, which at press time was one of two final bidders for Project Services. Corporate finance partner Jason Zemmel is […]
Baker & McKenzie has pulled off a coup by scooping the lead role advising Nike on its £284m takeover bid for UK sportswear maker Umbro. The firm won the instruction through a beauty parade to register its first corporate deal for the sportswear giant. Bakers’ relationship with Nike has been built by the IP team, […]
Clifford Chance and Linklaters have scooped lead roles on Dubai Ports World’s (DP World) landmark listing on the Dubai Stock Exchange (DIFX). After advising on the company’s $6.8bn (£3.32bn) acquisition of UK ferry operator P&O last year, both firms have scored roles on the IPO, which takes place two years after the exchange launched in […]
One year on from the introduction of age discrimination laws, the feeling persists that they have not been fully utilised. By Naomi Feinstein and Adam Turner. Age discrimination laws had their first birthday on 1 October 2007. In the run-up to the introduction of the Age Regulations, law firms were predicting the dawning of a […]
The boom of internet networking sites has provided a new avenue through which employers can assess job candidates. But they must ensure decisions are made on relevant criteria. By Sean Nesbitt and Camilla Marriott Some 15 million people in the UK now regularly use social networking sites such as Facebook, MySpace and Bebo. Most are […]
Is it more important to keep hold of people or simply the information they possess? Merrill April looks at cases that have highlighted the issues Are people expendable? Are they a cost or an asset? If you subscribe to the ‘people are assets’ viewpoint, how safe are those assets? Are your or your clients’ businesses […]
Dickson Minto and Halliwells have scored lead roles on hedge fund Sisu Capital’s approach to Southampton Football Club. Dickson Minto partner Colin MacNeill is advising the football club, which is owned by Southampton Leisure, which is normally advised by Jones Day. Halliwells partner Frank Shephard is acting for Sisu, which has made an offer in […]
Hammonds has axed its Birmingham professional regulation team as the practice no longer fits with the firm’s strategy. Group head partner Jayne Willetts, who leaves Hammonds after 19 years, will set up a new office for niche Birmingham firm Townshends, taking six fee-earners from Hammonds with her. Willetts joined Hammonds when it merged with her […]
Herbert Smith is set to open an Abu Dhabi office in January with the intention of having a Saudi Arabian presence in due course. Senior partner David Gold said the firm has already signed a lease for premises in Abu Dhabi and expects to have received its licence by the end of the year. He […]
Linklaters guides Industrial and Commercial Bank of China (ICBC) through its £2.6bn investment in Standard Bank, Africa’s largest bank. Linklaters has secured South Africa’s biggest banking deal in two years, with Industrial and Commercial Bank of China (ICBC) buying a £2.6bn stake in Standard Bank, Africa’s largest bank. Linklaters client ICBC will take two board […]
Lovells has advised Veolia Environmental Services on a 27-year waste PFI deal, having been appointed to the company’s panel earlier this year. Veolia won preferred bidder status for the Shropshire project in August and the deal closed just six weeks later. According to projects partner Jason Radford this was a speedy completion in the context […]