Sallie Mae takes JC Flowers to court

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Camerons reinforces CEE with sector group shake-up

CMS Cameron McKenna has overhauled its sector groups after a summer of high-profile departures and arrivals, particularly in Central and Eastern Europe (CEE). The top-15 firm announced that Warsaw-based energy partner Andrzej Blach will head the energy, projects and construction group in the CEE. The job was previously held by Moscow-based David Griston, who joined […]

Quadrant raids 4-5 Gray’s for banking trio

Quadrant Chambers has raided 4-5 Gray’s Inn Square for a trio of barristers as it ramps up its banking and financial services practice for the expected influx of work following the credit crunch. The set has recruited derivatives specialist Tom O’Riordan, who, before joining 4-5 Gray’s Inn, worked as external counsel for Cadwalader Wickersham & […]

Hammonds UK strategy forces out projects chief

Hammonds’ chief of international projects and finance William Abraham has resigned in a last-ditch attempt to get the firm to refocus its global strategy. The firm is holding emergency talks with Abraham next week to address his concerns. “The firm wasn’t addressing Abraham’s concerns that his international practice had been sidelined following its strategy review […]

DLA Piper hires CC lawyer in Hong Kong

DLA Piper has hired Clifford Chance senior associate William Harrison as a partner in its Asian insurance practice. Harrison will be based in Hong Kong and is to focus on financial lines and speciality insurance including directors’ and officers’ liability, professional indemnity, fidelity and product liability insurance. “The appointment is part of our expansion in […]

Carey Olsen pre-empts regulatory change with hire

Jersey firm Carey Olsen has appointed Keith Hood in the newly created role of compliance director as the firm gears up for forthcoming changes in Jersey’s regulatory framework. Hood joins from Abbey National International in Jersey where he was risk and compliance manager. Jersey head of banking and regulatory law Paul Sugden said the hire […]

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