Issues

National Grid

National Grid set to cut its legal panel

Berwin Leighton Paisner, Allen & Overy and Eversheds are among 15 firms that could be stripped from National Grid’s legal panel in its latest review. The review is set to be completed in the summer and it is expected that National Grid is looking to use a smaller panel than the 15 firms it currently […]

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Nomura CEO to lawyers: get out of your comfort zone

Outgoing Nomura International CEO Jeremy Bennett said in-house lawyers should aim at taking on more influential roles in an interview kicking off The Lawyer General Counsel Strategy Summit this morning (14 May). Speaking to the audience of in-house counsel, Bennett said lawyers were “absolutely vital” to the investment banking industry and the profession produces the […]

Sarajevo Business Forum, with Karanović & Nikolić lawyers in attendance

Karanović & Nikolić’s Patricia Gannon, Andrea Wilson and Stevan Dimitrijević attended the recent Sarajevo Business Forum and were addressed by leading political figures from the former Yugoslavia. International guests confirmed their commitment to investment, in particular, in the real estate, infrastructure, agribusiness and hospitality throughout the region.   

Eversheds helps Swedish construction company win public tender battle

Swedish construction company Hansa Bygg has signed a public contract with the Municipality of Kalmar in the southeast of Sweden for the construction of a new fire station. The total project costs are estimated at SEK130m (£10m) The signed contract marks the end of an 18 month-tender battle with cancelled tender processes and several judicial reviews. […]

Shoosmiths advises McKay Securities on £175m refinancing package

Shoosmiths has provided real estate advice to McKay Securities plc on a refinancing package that has boosted the group’s loan portfolio from £155m to £175m. McKay is the only real estate investment trust (REIT) specialising entirely in office and industrial markets in the South East and London. Real estate partner Alan Corcoran, associate George Panteli and trainee solicitor Sophie […]

Wragges acts for Gigaclear on investment to connect rural customers to broadband

Wragge Lawrence Graham & Co’s corporate team has acted for Gigaclear plc on a £30m investment to expand its provision of ultrafast fibre-to-the-premises networks to rural communities. The investment comprises the subscription by Prudential for up to £20m in cash and a further investment by Woodford of up to £10m in cash. At the same […]

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Freshfields, CMS and Gide advise on SNCF acquisition of Eurostar

Freshfields Bruckhaus Deringer, CMS and Gide Loyrette Nouel have advised on a deal allowing SNCF Mobilités to gain sole control over Eurostar International. SNCF Mobilités was advised by Gide partner Laurent Godfroid and associates Ségolène Pelsy, Romain Rard and Louise Macnab. The company was also represented by SNCF Voyages general counsel Eve Monot and Lacourte […]

merger deal

Cleary, Milbank and Paul Weiss win roles on $2bn Cushman & Wakefield merger with DTZ

Milbank Tweed Hadley & McCloy, Cleary Gottlieb Steen & Hamilton and Paul Weiss Rifkind Wharton & Garrison have advised real estate consultant Cushman & Wakefield on its $2bn merger with rivals DTZ. Milbank Tweed Hadley & McCloy corporate partners David Zeltner and Alex Kaye led the deal on behalf of Cushman & Wakefield. They were assisted by […]

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Olswang elects IP head Stevens as new CEO

Olswang has elected Paul Stevens as its new CEO to succeed interim CEO Michael Burdon with immediate effect. Stevens, whose initial term will be three years, joined Olswang in 1997. He was one of the two founding partners of Olswang’s IP team and has been leading the IP practice group since 2013. He was named […]

Fieldfisher bags sole instruction for GCA in Tesco profits probe

Fieldfisher has picked up the sole instruction for the Groceries Code Adjudicator (GCA) on its investigation into Tesco’s profit over-statement in September 2014. Fieldfisher senior partner Matthew Lohn is leading the investigation for the GCA alongside the adjudicator’s in-house team. Last year’s £250m overstatement in Tesco’s half-year profits, and saw the company appoint Freshfields Bruckhaus […]