DLA Piper has advised Dragon Capital on the establishment of a new natural gas exchange called Ukrainian Gas Exchange (UGX). On 31 October 2014, the first trading session of UGX took place; Dragon Capital, an investment company, initiated the set-up of UGX in July this year. DLA Piper provided full legal advice and support to […]
Andrew Henderson, partner and financial services regulatory expert at Eversheds, has commented on new global rules to prevent banks that are ‘too big to fail’ from being bailed out by taxpayer. He said: ‘Revised bank capital adequacy rules are among the most important regulatory measures to emerge from the most recent financial crisis. The FSB […]
Eversheds has advised Scatec, a solar energy provider, on a joint venture to construct and operate three solar energy projects in Jordan. The projects will be developed jointly by Norwegian company Scatec Solar and its Jordanian partners, Quest Energy Investment, European Jordanian Renewable Energy Projects and Greenland Alternative Energy. Scatec Solar will construct the plants […]
Eversheds has advised NHP on its £477m acquisition by US private equity firm Formation Capital, global investment firm Safanad and healthcare turnaround specialist Court Cavendish. NHP is one of the largest owners of care homes in the sector, owning 275 nursing and residential care homes, representing more than 12,500 beds in the UK. The portfolio […]
Kennedys will continue to sponsor the Kop stand at Sheffield United Football Club (SUFC) despite the controversy surrounding convicted rapist Chedwyn Evans’ return to training, a spokesperson for the firm has confirmed. The former SUFC player was convicted of rape at Caernarfon Crown Court on 20 April 2012 for which he served a custodial term, […]
Cooley is certainly taking its time when it comes to setting up shop in the UK. Back in February, its CEO Joe Conroy told The Lawyer that the firm had “ratcheted up” its strategy to launch in London (11 February 2014). Come the summer, rumours were buzzing around the City that its opening was imminent […]
Burness Paull and CMS Cameron McKenna have been named on FTSE 250 outsourcing company Interserve’s first Scottish panel after beating seven firms to make the roster. The company, which last month won one of the two high-profile private contracts for more than half of probation services in England and Wales, put the Scottish panel in […]
Ince & Co’s international senior partner James Wilson is to step down in January 2015 after two terms in office in favour of Hamburg managing partner Jan Heuvels. Heuvels, who is also the firm’s European head of insurance, will relocate to London. He will be responsible for the overall running of the firm, which has […]
DLA Piper International’s incoming chair Sir Nigel Knowles and global co-chief executive officer Simon Levine have rejigged the firm’s executive management. The new executive was announced to the firm in early October and took effect on 1 November. The changes have been instigated by Knowles and Levine ahead of the pair taking up their new […]
It’s US promotions season – that happy time of year when eager associates find out if they are to join their firm’s partnerships. Several US firms have unveiled sizeable promotions rounds this year. White & Case was one of the first off the blocks, making up a total of 37 partners including five in London. […]
Michael Burrows QC of No5 Chambers has prosecuted a gang of men who kidnapped and threatened to kill Stefanos Neophytou (who owns Libra Sauna Club) and have been jailed for a total of 66 years. The gang took Mr Neophytou to a house on 3 January, where he was stripped, beaten and threatened with acid and […]
Gateley has advised East Midlands-based haulage, storage and logistics business Lockwood Holdings on a major shareholder restructuring deal. Gateley acted for the business on the re-organisation of a series of family-owned companies into a group structure. The firm also advised brother and sister shareholders Rob Lockwood and Deborah King on buying out their father, Doug […]