Issues

Financings

Multimedia group First Information Group was advised by Norton Rose on the u4m debt and equity investment in it by 3i Group

Flotations

Pillar Property Investments was advised by Norton Rose on its u170 million flotation on the London Stock Exchange by way of placing and public offer. Certificates of title in relation to certain English properties were prepared by Gouldens. The sponsors were BZW

Flotations

Exco was advised by Ashurst Morris Crisp on its u215.5 million flotation

Financings

Hemingway Properties was advised by Ashurst Morris Crisp on the issue and listing of a further u42.5 million 10.375 per cent first mortgage debenture stock

Property

Anquila Corporation, advised by Norton Rose, has acquired 63/65 Buckingham Gate in London for u38.5m from the freehold vendor Trust Company of Australia, advised by Clifford Chance. Buckingham Gate, Natal Trading and Hawfinch were advised by Linklaters & Paines.

Property

Morrison Supermarkets, advised by Gordons Wright & Wright, has purchased land for a new superstore between Cleethorpes and Grimsby from Limes Developments, advised by Andrew & Co in Lincoln.

Property

Standard Life, advised by Herbert Smith, has bought for over u9m the freehold in a 139,000 sq ft warehouse scheme in Mollison Avenue, Enfield from Sainburys’ subsidiary JS Developments, advised by Lovell White Durrant.

Litigation Disciplinary Tribunals 25/10/94

BRIAN DENNIS CAPLIN, 44, struck off in June 1990, refused restoration to Roll. Caplin, struck off after substantiated allegations he misused client funds for own and other clients’ purposes, misled clients, failed to pay stamp duty and Land Registry fees, breached professional undertakings, made misleading statement to bank. Law Society Compensation Fund paid out u276,572 […]

Ian Gascoigne

JUDGES and magistrates are to be trained in women’s issues and the problems faced by disabled people, the Judicial Studies Board (JSB) has announced. The JSB’s 16-member Ethnic Minorities Advisory Committee (EMAC) is to be transformed into the Equal Treatment Advisory Committee (ETAC) with a widened scope to tackle judicial ignorance of minorities appearing in […]

The Webber File

John Webber John Webber took over the running of Russell Jones & Walker at the age of 32, after the sudden death of partner and mentor Jim Storey. “It was very difficult to take on the work at that age,” he says. “I wouldn’t go through that again – those five years were hard.” He […]

Firms cash in on coal sell-off

Freshfields looks set to be the on-going legal advisers for the biggest winner in the coal privatisation bonanza. The firm’s client, RJB Mining, formerly a British Coal opencast contractor, is expected to take most of the British Coal regions, together with contracts estimated at u1 billion a year. Also likely to benefit is Midlands firm […]

Infrastructure advisers enjoy business boom

Law firms which advise on private infrastructure developments, such as power stations, pipelines and airports, enjoyed a business boom in 1993-1994, according to a new financial survey. Firms earned legal fees worth hundreds of millions of pounds advising on a thousand billion dollars’ worth of projects, says the report in Privatisation International magazine. Baker & […]