Eversheds has advised education and activity travel group Holidaybreak on the refinancing of its group bank facilities. The new £245m facility extends the current facility, resulting in a £100m term loan facility, a £22m bonding facility and a £123m revolving credit facility. M&G Alternatives Investment Management provided £30m of the term loan facility, which is […]
German firm Heuking Kühn Lüer Wojtek has picked up the Stuttgart office of Nabarro alliance partner GSK Stockmann & Kollegen, adding eight partners to its ranks. In total, 18 lawyers and another 14 staff will join Heuking. The team focuses predominantly on corporate and real estate work. Of the partners, seven will join the equity […]
King & Wood Mallesons SJ Berwin (KWMSJB) should be in celebration mode, as the firm prepares to blow out its first birthday candles following its mega-merger last November. But the news of yet another private equity partner exit from its City base is likely to dampen spirits somewhat. And this time, it’s a particularly big […]
Walker Morris has advised Spirit Capital and the management team at the oil and environmental services business Adler & Allan (A&A) on its secondary buyout backed by private equity house LDC. LDC has taken a significant minority stake in A&A with the backing of senior debt facilities from HSBC. The investment will support the organic […]
Wragge Lawrence Graham & Co has advised AstraZeneca on its alliance with Lilly to develop and commercialise AZD3293, an oral beta secretase cleaving enzyme (BACE) inhibitor currently in development as a potential treatment for Alzheimer’s disease. Wragge Lawrence Graham & Co supported the Boston-based chief counsel of AstraZeneca Neuroscience, Conor Johnston. The law firm’s specialist […]
Our online analysis pieces dominated the most popular stories of last week, headed by continued interest in the move of the bulk of Bingham McCutchen’s London office to Akin Gump Strauss Hauer & Feld. The top story last week looked at the reasons behind the decision of a handful of partners not to join Akin […]
BLM has announced it is to merge with Belfast firm Campbell Fitzpatrick Solicitors (CFS) on 30 November, adding eight partners and another 13 lawyers to its roster. The merger follows Berrymans Lace Mawer’s merger with Scottish firm HBM Sayers on 1 May this year and subsequent rebrand to BLM (1 May 2014). BLM already has […]
Akin Gump Strauss Hauer & Feld chair Kim Koopersmith has just secured what is likely to become one of London’s most memorable mass lateral hires. Not only has she doubled the size of her firm’s London office and added a German contingent in one fell swoop with the hire of almost two dozen partners from […]
King & Wood Mallesons SJ Berwin’s (KWMSJB) former corporate chief Steven Davis is set to leave the firm, to join Proskauer’s City base. Davis headed up legacy SJ Berwin’s corporate group for seven years, before stepping down from the role in December 2013. At the time, managing partner Rob Day said: “He decided it’s time […]
Weightmans has embarked on a significant expansion of its Glasgow office, hiring three partners from Anderson Strathern and BTO Solicitors in the first wave of a recruitment drive. Anderson Strathern real estate finance partner Douglas Gourlay and BTO insurance partners Pamela Stevenson and Seonaid Busby are the first new recruits. The firm said it is […]
Bread brand Hovis has established its own legal team headed by former Premier Foods counsel Helen Selby. The creation of the new legal team follows the acquisition of a 51 per cent stake in the business by Gore Group in April. She joined Hovis in May from Swedish lock manufacturer Assa Abloy where she was […]
Nicky Richmond delights in the enduring joys of Le Gavroche. I’ve got history with Le Gavroche. It has been the setting for my first grown-up lunch as a newly-qualified lawyer; a concluding dinner to a rather torrid but doomed romance; a poignant post-wedding dinner, with my late father (who had soufflé for starter and dessert); […]