Salans eyes Beijing after opening in Hong Kong

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Trio of firms seal Russian vodka deal

A trio of US firms have been handed roles as UK private equity house Lion Capital buys Russia’s biggest vodka brand in a deal worth $600m (£303m). Weil Gotshal is representing Lion Capital, with London-based corporate partner Ian Hamilton working alongside Michael Francies and tax partner Sarah Priestley. Russian Alcohol, which makes Green Mark Vodka, […]

Clifford Chance turnover up 11 per cent

Clifford Chance turnover up 11 per cent” />Clifford Chance is the first magic circle firm to announce its financial figures for the 2007-08 year, posting an 11 per cent revenue increase and 13 per cent rise in profit per equity partner (PEP). Over the course of the year the firm turned over £1.33bn, up from […]

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Brabners mulls lay-offs after bleak forecast

North West-based firm Brabners Chaffe Street is contemplating lay-offs in its construction and property finance groups after gloomy predictions for 2008. It is understood that four assistants in the Liverpool office have been told their jobs are on the line. Managing ;partner Michael Brabner refused to comment on redundancies, but said: “We’re looking at requirements […]

Dundas & Wilson in landmark High Court pension win

The London office of Dundas & Wilson has won a High Court victory for the Pension Protection Fund (PPF) that will have wide-reaching implications for thousands of pensioners in insolvent companies. Sitting in the Chancery Division, Mr Justice David Richards found in favour of the PPF in a long-running case relating to asbestos producer Turner […]

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