Flotations
*Nursing Home Properties was advised by Eversheds on its flotation by way of u15m placing sponsored by Close Brothers Investment
Financings
*Telecommunications group Ionica L3 was advised by Olswang in its refinancing exercise to raise u30m on an equity basis; Morgan Stanley was advised by Clifford Chance and
Property
Pearl Assurance, advised by Brecher & Co, has acquired a 50 per cent stake in Moor House on London Wall for u10m, from Greycoat, advised by Herbert Smith.
Property
Football club Manchester United, advised by James Chapman & Co in Manchester, has bought for u9.125m the 20-acre United Trading Estate at Trafford Park from Trafford Park Estates and Trafford Industrial Buildings, the vendors being advised by Slaughter and May. It will enable capacity at Old Trafford Stadium to be increased by a new three-tier […]
Bath firm builds on MCS range
A probate package developed by a Bath firm has now been added to the range offered by Micro Computer Services (MCS). Nine-partner Withy King & Lee has developed a number of applications based on the MCS document processing system it installed in 1991. These cover personal injury, matrimonial and debt collection, as well as probate. […]
Kienzle management buys out firm in quest for fresh markets
Fennell Betson The former management of Kienzle Systems has bought out the company from Digital Equipment in a surprise deal and formed a new company Axxia Systems. Axxia managing director Stuart Holden says the buy-out team wanted to eliminate speculation so the transaction was kept under wraps until the deal was completed. “We suggested the […]
Praxis turns up trumps with DNA database
A new National DNA database has been designed by Bath-based software firm Praxis, part of Touche Ross Management Consultants. Praxis project manager Nigel Reckless says the brief provided by the Forensic Science Service required that the system contained the technical precautions to support the scientific and legislative safeguards built in. “The database only retains details […]
TSG woos Europe's trainees
Over 300 trainees from around Europe are expected to attend the first Euro Ball in London later this year. The ball, co-organised by the national committee of the Trainee Solicitors Group and its London branches, will be held on the night of the group’s annual international event Project Europe. Staged at Westminster Boating on 8 […]
Ince & Co integrates Elite into its system
* City firm Ince & Co has ordered Elite’s legal billing, nominal and purchase ledger, conflict of interest and marketing systems. They will be operated on a central Hewlett Packard Unix server and integrated with the firm’s front-office PC LAN. Andrew Jennings, director of finance and IT at the firm, says: “The only way our […]
Tinlaw eases Lincoln's Inn library strife
THE HONOURABLE Society of Lincoln’s Inn Library has provided the information on a new library management and document retrieval system designed for law libraries. The Tinlaw system is based on the library and information management system Tinlib and allows for rapid searching of Acts of Parliament and statutory instruments including tracking dates, amendments and implementation […]
1
Age should be no barrier
Regarding the front page headline about judges being forced to retire at 70 (The Lawyer April 4). Nowadays a lawyer seeking alternative employment over 35 (if male) or 30 (if female) is considered too expensive and/or brain dead. A friend told me of her interview experience with a large City solicitors firm. She carefully omitted […]
The Lawyer Inquiry: Nigel Lipton
Nigel Lipton is a lecturer at the College of Law in London. Aged 34, he was born in London, and still lives there. What was your first job? Articled clerk. What was your first ever salary as a lawyer? u5,100. What would you have done if you hadn’t become a lawyer? Become self-employed – half […]