Somerfield turns to Dickson Minto after Baugur offer

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Morgan Lewis raids Orrick for Paris team

Morgan Lewis & Bockius has made its first significant French hire since opening in Paris last June with the arrival of Stéphan Alamowitch from Orrick Herrington & Sutcliffe. Alamowitch, who was Orrick’s head of structured finance, will help establish a global finance practice for Morgan Lewis. He brings with him two associates. Alamowitch joins Morgan […]

Careers: In brief

UK-based Professional Services Marketing Group (PSMG) launched a marketing qualification tailored for the professional services sector last week. The new initiative, which has been developed in partnership with the Cambridge Marketing Colleges, offers the Chartered Institute of Marketing (CIM) Professional Diploma in Marketing, which is tailored for those in the professional services industry. The course […]

SIF reports £20m growth in accumulated surplus

The Solicitors Indemnity Fund (SIF) last week reported an increase in its accumulated surplus of more than £20m. The Solicitors Indemnity Fund (SIF) last week reported an increase in its accumulated surplus of more than £20m. In the last financial year, the fund’s accumulated surplus, or net profit, rose from £33.6m to £55.4m. Meanwhile, the number […]

Poison pill letter

Thanks must go to the Slaughters-friendly well-wisher who sent this anonymous email to Tulkinghorn the other day: “I was intrigued by Slaughter and May‘s job ad in last week’s The Lawyer, headed ‘Pension funds – the new poison pill?’ Presumably there’s no one at Bunhill Row who can remember the 1980s (or even the early […]

Developer Lovell slashes legal panel to three

Affordable housing provider Lovell has installed its first law firm panel, slashing the number of legal advisers on property acquisition and development work from more than 35 to just three. Affordable housing provider Lovell has installed its first law firm panel, slashing the number of legal advisers on property acquisition and development work from more than 35 […]

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