The BOC Group, advised by its in-house legal department, has bought shares for an undisclosed sum in the Heathrow-based London Cargo Group, the Manchester Airport-based ManCargo, and Birmingham International Airport-based Elmdon Cargo Handling, the vendor shareholders being advised by Mundays.
Saunders: ‘strong point’ LAWYERS have leapt to the defence of the Serious Fraud Office following the referral of the Guinness case back to the Court of Appeal. Revelations that the SFO failed to disclose information to the defence at the original trial should not signal the death-knell for the organisation, a leading fraud specialist claims. […]
Allen & Overy advised the Bristol & West Building Society in a u150 million commercial mortgage securitisation secured on investment property. The deal is believed to be the first of its type. A total of u150 million of Commercial Mortgage Backed Securities were issued, underwritten, and lead managed by Goldman Sachs. Around 83 per cent […]
Lord Justice Steyn, a Lord Justice of Appeal since 1992, has been appointed a Lord of Appeal in Ordinary. Mr Justice Otton, who sits in the High Court, will take over the Appeal Court position. Mr Justice Otton has been in the High Court since 1983.
Lawrence Graham warns that the EC Directive on unfair terms in consumer contracts will lead to a wholesale review of standard private individuals’ insurance policies. The directive, which came into force on 31 December, applies to all contracts concluded between insurers and their clients. It will hit insurers hard, since other industry is already subject […]
THE ASSOCIATION of Magisterial Officers has voted overwhelmingly in favour of affiliation to the Trades Union Congress in a climate of concern over major changes to the courts system. Rosie Eagleson, the 5,000-member association’s general secretary, says the landslide vote to join the TUC is an “indication of the changing times in the courts services”. […]
SOUTH West firm Foot & Bowden has opened an office in London to step up its drive for new business. The firm will use its new base to cope with its national and international work and is also offering a court agency service to provincial practices. Partner Gary Streeter MP will oversee the London operation, […]
The purchasers of the ordinary shares and 10 per cent of the listed preference shares of Boscombe Property were advised by Berwin Leighton and Morgan Bruce Binks Stern. All the vendors were advised by Lewis Silkin. Boscombe, advised by Berwin Leighton then acquired Newcrest Management Services for u3m. The enlarged and reorganised company is applying […]
The Old Bailey trial of Kevin and Ian Maxwell, who are on trial along with Larry Trachtenberg and others, is scheduled to begin on 18 April next year. They face charges of theft and false accounting in connection with the multi-million pound fraud involving Daily Mirror pension funds. The case is expected to last several […]
The DTI is being advised by McKenna & Co on the implementation of the Board of Trade’s proposals for privatising three Government Laboratories: the National Engineering Laboratory, the Laboratory of the Government Chemist and the National Physical Laboratory.
Standard Life was advised by Herbert Smith on the purchase of the former Belling Lee factory site in Enfield where Pickfords, advised by Berwin Leighton, proposes to establish a 215,000 sq ft warehouse and headquarters, developed by Kingspark Developments, advised by Wragge & Co, and funded by Standard Life. Land Securities industrial arm Ravenseft Industrial […]
Roger Pearson finds courtroom technology comes into its own dealing with expert evidence New technology is increasingly evident in our courts. with laptops fast taking over from counsel’s notebooks in more complex cases. One court at the High Court where Lloyd’s litigation has been under way could at times be likened to a computer showroom […]