Practice Areas

Masons sees off Eversheds to bag Lancashire waste management PFI

Masons has taken advantage of its recent appointment to Lancashire County Council’s panel by beating Eversheds to one of the largest waste management private finance initiative (PFI) projects to date. The project is a collaborative effort between Lancashire and Blackburn, Darwen and Blackpool Borough Councils, so the firm may also have scored a trio of […]

A&O wraps up financing for new Arsenal stadium

Allen & Overy (A&O) has completed the landmark financing for Arsenal FC’s new stadium project, having beaten Norton Rose to the banking consortium’s work in a competitive tender. The project, with an estimated cost of £357m, will see Arsenal relocate to a newly-built stadium nearby and the listed Eastern Stand at Highbury converted into apartments. […]

Macfarlanes’ new boy brings NIB Capital Bank

Macfarlanes’ new boy brings NIB Capital Bank” />Macfarlanes has scored a new banking client thanks to recent recruit Tom Speechley, who joined in January to bolster the firm’s acquisition finance capability. Speechley, who joined with Kirkland & Ellis partner Bronwen Jones, was instructed shortly after his arrival by long-term client NIB Capital Bank on HgCapital’s […]

Linklaters indispensable to banks on Spanish exchangeable bond work

Linklaters Spain has achieved a stranglehold on the banks representing Spanish companies issuing bonds on the equity capital markets. In 2003, the Madrid office acted for the lead managers on every exchangeable bond issue involving a Spanish company. Most were led by Conrado Tenaglia, an international finance partner based in Madrid. Tenaglia said he thought […]

Litigation deals round-up

Davies Arnold Cooper (John Smith) negotiated a £250,000 no-liability settlement on behalf of Wolverhampton Wanderers and Kevin Muscat for an alleged bad tackle on former Charlton Athletic Midfielder Matt Holmes. Holmes alleged the 1998 tackle ended his football career. DAC instructed Richard Davies QC (Essex Street Chambers). Collyer Bristow (Andrew Irvine) advised Holmes, instructing Michael […]

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Paul Chinnery: Channel 5 Broadcasting

As Five’s head of legal, Paul Chinnery is fighting to ensure the independence and freedom of the television station post Reynolds and the Hutton Report. Alex Wade investigates

Divestment of oil and gas group by ABB gets the okay

Competition clearance for the $925m (£491m) acquisition of ABB’s oil and gas services division by a consortium of Candover, JPMorgan and 3i was granted last Tuesday (24 February). Former 3i panel firm Ledingham Chalmers, which was dropped from the private equity business’s panel last year, was celebrating the deal’s clearance last week, having been brought in […]

Robert Muckle gains Balfour Beatty as new client

Newcastle firm Robert Muckle has picked up Balfour Beatty Construction (BBC) as a new client following the move of former MacRoberts projects partner Neil Wilson to Tyneside last year. Wilson began work on the financing of NHS Argyll & Clyde’s £13.5m private finance initiative health project, for a new health and social services facility in […]

Tods Murray posts record profits as it secures PFI work in England

The capital projects department at Tods Murray has registered its best-ever half-year figures, following the completion of four private finance initiative (PFI) projects originating in England. Within the last 12 months, the team has completed projects worth over £400m. These include the Islington street lighting, Rotherham schools, Blackburn hospital and Sunderland street lighting projects. The […]

The Forth protocol

Forth Ports’ CEO on success, ethics, and what he wants from his lawyers. By Matt Byrne