Firm News

CLO manager not entitled to incentive fee on optional redemption

The High Court has recently decided that on an optional redemption of a collateralised loan obligation securitisation (“CLO”), the collateral manager was not entitled to an incentive fee at the expense of junior bondholders.[1] The claim was brought by Deutsche Trustee Company Limited (the “Trustee”) in order to determine the correct interpretation of the bond […]

Shoosmiths reveals expansion plans for trainee solicitor programme

Shoosmiths is expanding its trainee solicitor programme with an increase in trainee and NQ recruits, expansion into the London office, and two trainee intakes annually. Shoosmiths’ previous trainee solicitor programme invited 22 graduates to join the firm each year for a two-year programme. From September 2019, the firm will increase its trainee numbers to 30 […]

Keri Tayler joins No5 Barristers’ Chambers Public Law Group

No5 Barristers’ Chambers is delighted to welcome Keri Tayler, a Court of Protection specialist, to the Public Law Group. Ian Brownhill, joint-head of the Court of Protection team said: “We are delighted to welcome Keri to our ranks. She has a wealth of experience from time both in private practice and in-house and in addition to […]

Shoosmiths advises on the sale of RED, the largest driving school in the UK

Shoosmiths has advised in a dual role on the sale of RED Driving School (RED), the largest group of driving schools and driving instructor training schools in the UK. The firm has acted for both Kelso Place Asset Management (KPAM) – a UK based private equity firm – on the sale for an undisclosed amount, […]

Mother jailed over baby death prosecuted by Jonas Hankin QC

A mother has been found guilty of squeezing her two-month-old baby to death and jailed for 13 and a half years after a trial at Birmingham Crown Court. Two QCs from No5 Barristers’ Chambers were on opposite sides of the courtroom for the manslaughter trial. Jonas Hankin QC prosecuted Abigail Palmer, 33, who was found guilty […]

James Corbet Burcher appears in Successful Planning Appeal for 60-bed Care Home

Permission has been granted on s78 appeal for a 60 bed care home (Use Class C2) in Hartley Wintney, within Hart District Council: APP/N1730/W/18/3203638 James Corbet Burcher represented Forest Care in their appeal, instructed by Turley. The Appeal Decision examines the need for specialist elderly care accommodation, both at District and more local level, including […]

Major property managers admit safety breach after Storm Doris death

The property management firm responsible for Wolverhampton’s Mander Centre at the time of a fatal accident in 2017 has admitted breaching the Health and Safety at Work Act. Tahnie Martin, 29, of Stafford, suffered fatal head injuries when a wooden panel from the lid of a redundant water tank blew off and fell six storeys […]

Shoosmiths advises M Restaurants on merger with Gaucho

Shoosmiths’ corporate team has provided expert legal advice to M Restaurants on its sale to Lomo Bidco, owner of famed restaurant brand, Gaucho. M Restaurants were voted ‘Best for Steak and Seafood’ in the Tatler Restaurant Guide and have won The Open Table ‘Diners Choice Awards’ no less than 8 times. Focusing on five key elements, […]

Trends in the food and drink sector

By James Webb Despite 2018 being a very tough year for many in the food and drink industry, according to research compiled by Grant Thornton, M&A and private equity deal activity in the sector remained steady with a fall of just 2.8% compared to 2017. This is supported by our experience during the period where […]

Ogier advises on pre-Brexit Luxembourg dual listing of LSE-listed company

Ogier has advised on the dual listing on the Main Market of the Luxembourg Stock Exchange of Thalassa holdings Ltd (“Thalassa”), a company whose primary listing is on the Main Market of the London Stock Exchange (Standard List) to ensure that its shares remain attractive to EU investors post-Brexit, but also to ensure that its […]

New recruitment in the Commercial and Chancery Group at No5 Barristers’ Chambers

No5 Barristers’ Chambers is delighted to welcome Jonathan Shaw to the Commercial and Chancery Group. Jonathan Shaw, 2008 call, is a specialist in in construction and engineering and member of TECBAR, as well as being an accredited Mediator and Adjudicator. Before coming to the Bar Jonathan qualified and practised as a Chartered Quantity Surveyor. He […]

Corporate Digest: Notable Deals and Transactions

This digest highlights some of the significant legal work carried out by Conyers’ lawyers in the past financial year for corporate clients around the globe across economic markets and industry sectors and at all stages of the business life cycle. These deals include significant IPOs, M&A, securitizations, financings and corporate restructuring transactions in a wide […]

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