Work Life Quiz: Paul Darling QC, head of Keating Chambers

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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two methods for approximating pension loss without the need for actuarial advice, but this guidance has now been withdrawn.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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DLA Piper advises on acquisition of iconic British brand Nicole Farhi

DLA Piper has announced its involvement in the acquisition of iconic British fashion label Nicole Farhi by fashion and retail entrepreneur Maxine Hargreaves-Adams. The acquisition will see Maxine Hargreaves-Adams take on the full Nicole Farhi brand, its six stores, its 10 concessions in department stores such as Harvey Nichols and House of Fraser and the […]

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IP protocol puts India on the map

India’s adoption of the international protocol for trade marks will reassure the country’s potential investors India acceded to the Madrid Protocol for the International Registration of Trademarks on 8 April 2013 and it came into force on 8 July. It is widely seen as a marker of economies that have arrived.  For businesses, particularly firms […]

Tax update — July 2013

In this issue, the firm discusses the adoption of the law on administrative co-operation in the field of direct taxation, the introduction of the bill regarding deferred taxation of unrealised capital gains upon migration, new VAT provisions and more. If you are registered and logged in to the site, click on the link below to […]

When is a termination payment a penalty?

The courts are frequently asked to determine whether a clause providing for payment of a fixed sum on breach of contract is a penalty (and unenforceable under English law) or a genuine pre-estimate of loss (‘liquidated damages’), in which case the clause will be enforceable. The approach of the courts can be summarised as: ‘Whether […]

Finaccord data shows affinity and partnership marketing on the rise for legal services providers

According to new research released by Finaccord, an increasing number of organisations are acting as affinity or corporate partners for legal services, much in the manner that insurance and other consumer services have long been marketed through partnerships. Across a total of 1,700 organisations investigated, 518 (30.5%) offer a legal service in one form or […]

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