Eversheds has advised its long-standing client, AIM-quoted Daisy Group, a provider of IT services and unified communications to businesses, on a £494m buy-out by a consortium of Matthew Riley (Daisy’s chief executive), Toscafund and Penta Capital. An Eversheds team led by Danny Hall and Stephen Nash acted for Daisy and a separate Eversheds team led […]
Muhammad Anum Saleem, senior associate at Eversheds in Saudi Arabia, has commented on the NCB initial public offering (IPO) in Saudi Arabia. Saleem said that each time a new company such as NCB comes to the IPO market, he asks himself: is the IPO just a way for company founders and initial investors to cash […]
Bruce Dear, head of London real estate at Eversheds, has commented the latest Monetary Policy Committee (MPC) notes on interest rates, saying that he believes the bank is right to hold interest rates for now. He said: ‘The UK economy is like a cappuccino — some white froth, some dark streaks. The MPC cannot read the colour […]
DLA Piper has announced its involvement in the first international solar licence deal, which will cut electricity bills for up to 4,500 homes in Greater Manchester by around £40m. The DLA Piper team, which was led by partner Natasha Luther-Jones alongside senior associate James Wood-Robertson, advised the world’s biggest solar cell producer, Taiwanese-owned GES, on […]
The legal services market is changing rapidly, and yesterday’s The Lawyer Management Conference focused on the innovations driving the efficient delivery of legal services. The legal services market is changing rapidly, and yesterday’s The Lawyer Management Conference focused on the innovations driving the efficient delivery of legal services. The tone for was set by Baker […]
Having decided two years ago not to fill the head of legal role left vacant by Kavita Singh, Drax company secretary Philip Hudson has had a change of heart . Since Singh left to join MRC Global in 2012 the top job has been split in two, with Claire Sedgwick heading up a team of […]
DWF’s rapid expansion and willingness to embrace the new opportunities in the UK legal market scooped it Management Team of the Year at The Lawyer Management Awards last night. The award was the culmination of a good night for the North West firm, which was shortlisted in three other categories. Judges cited the leadership of […]
Clifford Chance’s private equity co-heads are determined that their sector remains the “crown jewels” of the corporate team despite high-profile partner exits. But a new succession plan aimed at improving younger partner contact with clients demonstrates the firm’s awareness of the risks caused by departing partners. London-based dealmaker Jonny Myers and Frankfurt-based partner Oliver Felsenstein […]
Dispersed firm Keystone Law has received a £3.15m cash injection from private equity house Root Capital in return for a 35 per cent stake in the firm’s shares. Root was founded by investor Simon Phillips in 2003. The funds are provided by Phillips, fellow Root founder Mike Danson and an institutional investor. Phillips will hold […]
Former Queens Park Rangers chairman Antonio Caliendo has been allowed to keep his conditional fee arrangement (CFA) in a case launched against Mishcon de Reya despite missing a court-ordered deadline. In the latest in a string of cases stemming from breaches of new case management deadlines, Mr Justice Hildyard ruled that Caliendo and Barnaby Holdings […]
Shoosmiths is backing the 2014 Design Manchester festival through its keynote industry address ‘North — the great debate’. The week-long festival of design is sponsored by Manchester City Council, the Design Council, the RSA and the Department for Culture and is being held in Manchester town hall and other venues across the city. Design Manchester celebrates creativity, […]
Shoosmiths has won two awards from graduate recruitment advice website All About Law, which specialises in legal jobs, courses and advice for prospective lawyers. The law firm was announced as the winner of the top law firm for training contracts and vacation schemes 2014–15 and top for best job satisfaction from training contract at an […]