What a week it’s been for payday loans company Wonga, which has once again locked horns with the Financial Conduct Authority. It’s the second time in less than four months that the pair have clashed, following the revelation that Wonga sent out debt collection letters from fake law firms earlier this year. This time round, […]
DLA Piper has entered into an exclusive law firm partnership with Venture Hive, a Miami-based international entrepreneurship education organisation. DLA Piper’s support for Venture Hive will include legal guidance for start-up companies involved in the Venture Hive programme, as well as on-site office hours at Venture Hive. Companies in the Venture Hive programme will have […]
Eversheds Saladžius, in co-operation with the French-Lithuanian Chamber of Commerce, is set to host a special business breakfast. Titled ‘The Hunt for Business Financing’, the event is due to be held on 8 October at the French Embassy in Lithuania.
Eversheds attorney-at-law Lina Aleknaitė — van der Molen has been invited to become a member of the Expert Advisory Group for the Security Rights and the European Insolvency Regulation (SREIR) research project. SREIR is a European Union-financed project, the goal of which is to critically analyse and evaluate the provisions governing rights in rem (security rights) […]
Eversheds construction partner Chris Pickens has commented on the launch of an initiative to push down the costs of infrastructure delivery. Pickens said: ‘The report helpfully distils alliancing down to the key elements of behaviour, integration, leadership and the commercial model, all of which are vital to the successful delivery of large projects of national importance, […]
Michael Conroy-Harris, construction expert at Eversheds, has commented on the latest construction PMI figures. He said: ‘Figures like this take a moment to read but an age to interpret. It’s great that construction activity is holding up, but we do need to look beyond that and it’s good to see that performance is more balanced […]
Eversheds partner Keith Froud has commented on new research by Thomson Reuters into IPO and M&A activity in the UK. Froud said that the research supports the corporate activity that can be seen as UK business conditions remain favourable post the Scottish ‘no’ vote. He noted that the public markets remain very much open, with a […]
Eversheds has advised the University of Leeds on its £62.3m acquisition of phases one and two of Central Village, Calverley Street, in Leeds, which completed in September 2014. Phases one and two comprise 980 high-quality student rooms arranged in flats of five and six units, together with a small ratio of studios. The scheme is […]
M Anum Saleem, a mergers and acquisitions expert at Eversheds, has commented on NCB’s initial public offering (IPO): ‘Each time a new company such as NCB comes to the IPO market, I always ask the question: is the IPO just a way for company founders and initial investors to cash out, or does it offer […]
DLA Piper has represented Ports America in the formation of a strategic partnership with Kawasaki Kisen Kaisha (‘K’ Line). Ports America, a New Jersey-based marine terminal operator and stevedore company, purchased a 30 per cent stake in International Transportation Service (ITS), a wholly owned subsidiary of ‘K’ Line. Ports America will utilise its expertise and […]
DLA Piper has advised Oakley Capital on the acquisition of Tomasoni Topsail by its portfolio company North Technology Group and on the related structuring and equity arrangements. Tomasoni holds the exclusive licence to manufacture and distribute North Sails branded clothing throughout Europe and Asia. This acquisition is intended to complement Oakley Capital’s recent acquisitions of […]
Osborne Clarke has hired IP partner Ben Goodger, who becomes the latest partner to exit Edwards Wildman Palmer’s London office. Goodger has been at Edwards Wildman for four years, after joining from Rouse & Co where he spent a stint heading up its China practice. He started at Edwards Wildman in early 2011 as part […]