Eversheds has commented on the recent CBI retail figures for the UK that show slowing sales in March. James Batham, retail expert and partner at the law firm, said this slowing UK retail growth indicates the importance of events and online offering for businesses. He explained: ‘It is certainly encouraging that the figures show, for […]
Manchester-based Linder Myers has avoided administration through a debt restructuring deal including investment from Assure Law director Tony Stockdale, who has become chief executive. As a result of the deal, the firm’s managing partner Bernard Seymour has instead taken on the role of senior partner. It is thought to be the first time a deal […]
DLA Piper held its first Annual Global Patent Symposium in Tokyo on 6 November 2013, attended by 120 guests, including intellectual property and technology decision makers from top Japanese companies. Speakers presented a live demonstration of proprietary patent procurement software, discussed how to build and maintain a strong global patent portfolio and commented on strategies […]
Allen & Overy has advised the trustee of the ICI Pension Fund (the main pension scheme of Imperial Chemical Industries, now part of AkzoNobel) on the largest-ever bulk annuity insurance policy (or buy-in) arranged by a UK pension scheme. Two policies cover £3.6bn of pensioner liabilities and were provided by Legal & General (£3bn) and Prudential (£600m). The […]
Walker Morris’s corporate team has advised the management of Calrec Audio on its acquisition from D&M Holdings for £14m. Calrec designs and manufactures audio mixing consoles for use in the television and radio broadcast sector. It was acquired by Electra Private Equity plc through a mixture of equity and debt. Calrec will become a sister […]
Walker Morris’s corporate group has advised CPP Group on the sale of CPP Holding’s 49 per cent shareholding in Home3 Assistance to Mapfre Abraxas Software. Home3 provides home emergency assistance in the UK and, prior to the sale, was a joint venture company between CPP Holdings and Mapfre. As part of its exit from the […]
Ian Dove QC and Nina Pindham have helped Dart Properties to successfully retain its planning permission for land at Seabrook Orchards as Dukeminster’s appeal against this permission is dismissed. Dart Properties was granted planning permission in October 2013 to develop up to 700 dwellings and other buildings within the area. The claimant, Dukeminster, sought to challenge the […]
David Mason QC and Saleema Mahmood of No5 Chambers have defended in a terrorism case that involved Ian Forman, 42, Birkenhead, being charged with engaging in the conduct in the preparation of terrorist acts on or before 6 June. Forman is accused of possessing potassium nitrate, sulphur and charcoal and making and testing improvised explosive devices. […]
Nabarro has slashed its partner promotions, making up three this year compared to its a bumper partner round of eight last year. It is a return to smaller promotion rounds for the firm, which made up five partners in 2011 (18 April 2011) but only one partner the year after. In 2013 the firm broke […]
Addleshaw Goddard has added eight to the partnership for the second year running, but the firm’s litigation practice has not taken a new partner into the fold. In London the firm has made up three partners in the real estate, corporate and commercial groups. Three have also been promoted in Leeds into the finance & […]
The accountants are at it again. EY has become the latest to plan the launch of a legal arm in the UK. The auditor has appointed former Addleshaw Goddard corporate managing partner Phillip Goodstone to do just that. Just last week PricewaterhouseCooper’s legal arm, PWC Legal, pledged to be a top 20 global legal services […]
Two Allen & Overy (A&O) partners are facing an SRA investigation over what their barrister called an “extraordinarily ill advised” meeting during a high-profile bribery trial against businessman Victor Dahdaleh. Partners David Esseks and Peter Watson were representing Dahdaleh in his defence against the Serious Fraud Office (SFO), which alleged he funnelled billions of dollars […]