Verdict clears way for lease buy-outs

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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Law Society rules on corporate pensions

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Firms boost profit despite static fees

LAW firms are managing to boost profits despite static fee income, according to a snap-shot survey. Cutting staff costs, reducing overheads and an increase in the use of technology have been the back-bone of the improvements. But the smaller firms, those with less than 10 partners, have continued to struggle and have failed to increase […]

UK slams establishment delay

UK LEGAL representatives have criticised the European Commission over its lack of action in releasing a draft directive on rights of establishment. The commission had been expected to raise the matter in Brussels last Wednesday, but it did not come up. Sources predict it will be scheduled at the commission’s next meeting in Strasbourg on […]

Greenwoods wins Railtrack debt work

RAILTRACK has picked Peterborough firm Greenwoods to carry out its debt recovery work for England and Wales. The 14-partner practice saw off competition from about eight other firms to be selected for the contract. Managing partner Michael Taylor says he is “absolutely delighted”. “It is a substantial amount of work – in the region of […]

In brief: Pinsents takes on new marketing head

Birmingham-based law firm Pinsent & Co has appointed former Coopers & Lybrand business, planning and development manager Meirion Jones as its new head of marketing. Pinsents senior partner Julian Tonks says: “Law practices are facing similar opportunities to accountancy firms in terms of competitiveness. Meirion’s experience in this field is an important asset to the […]

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