A total of eight firms including Ashfords, DLA Piper and Eversheds have lost their places on the Homes & Communities Agency (HCA) panel, which has been slashed from a total of 14 firms to just nine. The national housing and regeneration agency for England, in charge of the Affordable Homes Programme, has overhauled its legal […]
The Aim market has seen a substantial uptick in early 2014, with firms including offshore giant Appleby, Stephenson Harwood and Watson Farley & Williams gaining clients. According to the latest data collected by Adviser Rankings, March saw 12 new admissions to Aim – an increase of 50 per cent on February’s figures, and twice as […]
Capita is days away from entering the legal market after the SRA granted volume outfit Optima Legal Services an ABS licence, ahead of a takeover by the outsourcing giant. A spokesperson said Capita’s acquisition of Optima is “imminent” and will be completed within the next 10 days. As part of the deal Capita will also […]
Conyers Dill & Pearman has provided Bermuda law advice to AerCap Holdings in connection with the sale by its wholly owned subsidiary, AerCap International Bermuda, of 100 per cent of the class A common shares in Genesis Funding Ltd (GFL) to GFL Holdings, an affiliate of Wood Creek Capital Management. GFL is an aircraft securitisation […]
DLA Piper has advised the newly formed Department for Transport (DfT) Rail Executive on one of the first franchise direct awards since the executive’s creation earlier this year. The Greater Anglia franchise, which encompasses more than 150 stations in the Greater Anglia area and provides local, suburban and express services from London to, and within, […]
Chambers & Partners has published the latest edition of the Chambers Europe 2014 guide. Wierzbowski Eversheds, as well as individual practitioners, has once again been recommended in numerous fields of law. The firm has been recognised in the following areas of law: Banking and finance Construction Dispute resolution Employment Intellectual property Life sciences Public procurement […]
Following strong year-end deal volume results in the 2013 national and regional Experian Corpfin league tables, Gateley has reported impressive rankings in the first quarter (Q1) of 2014. Experian Corpfin, a UK business database containing extensive sources of verified business intelligence, produces the league tables on a quarterly basis, ranking corporate deal value and deal […]
Conyers Dill & Pearman has provided British Virgin Islands (BVI) and Cayman Islands legal advice to Agile Property Holdings on its $475m (£280m) bridging loan from a syndicate of lenders in connection with the retirement of the company’s convertible notes pursuant to the exercise of a put option by the holders of the convertible notes. […]
Conyers Dill & Pearman has provided legal advice to Agile Property Holdings in connection with the restructuring of its financing and security arrangements and the re-registration of its Gulfstream 550 aircraft from USN registration to China C registration. Paul Lim of Conyers’ Hong Kong office advised on the matter, working alongside Clyde & Co, Stephenson […]
Allen & Overy has advised ANOA Capital, quirin bank and Close Brothers Seydler Bank in connection with the issue of four series of bonds by Air Berlin in connection with its recapitalisation. The fixed bonds have terms of five and seven years, denominations in euro and Swiss franc and a high-yield-style covenant package. The bonds […]
Allen & Overy has advised Industrial and Commercial Bank of China (ICBC) on its proposed acquisition of 75.5 per cent of the issued share capital of Tekstil Bankası (Tekstilbank) from GSD Holding for TRY669m (£190m). Under Turkish capital markets law, the acquisition will trigger a post-closing mandatory tender offer for all remaining shares in Tekstilbank. […]
Allen & Overy has announced its sixth office in the Association of South East Asian Nations (ASEAN) in Yangon, Myanmar. This latest opening takes the firm’s office count to 12 in the Asia-Pacific. The firm’s Yangon office is managed by Simon Makinson who has led the firm’s push into Myanmar from the start when sanctions […]