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  • March 15, 2007 | International Edition

    Travers ties up NCP sale for 3i

    Travers Smith has bagged a lead advisory role for 3i, acting for the UK private equity house on its £790m sale of National Car Parks (NCP) to Macquarie. The deal, which was agreed yesterday (14 March), saw Travers advise 3i on the sale, fielding a heavyweight team under private equity partner Phil Sanderson and practice head and 3i relationship partner Chris Hale. Banking partner Andrew Gregson and tax partner Victoria Nicholl also advised on the deal.

    1 minute read

  • March 15, 2007 |

    Travers ties up NCP sale for 3i

    Travers Smith has bagged a lead advisory role for 3i, acting for the UK private equity house on its £790m sale of National Car Parks (NCP) to Macquarie. The deal, which was agreed yesterday (14 March), saw Travers advise 3i on the sale, fielding a heavyweight team under private equity partner Phil Sanderson and practice head and 3i relationship partner Chris Hale. Banking partner Andrew Gregson and tax partner Victoria Nicholl also advised on the deal.

    1 minute read

  • March 14, 2007 |

    Deals: Property 15/03/2007

    Mayer Brown Rowe & Maw has advised global energy advisory firm Tristone Capital on the acquisition of a lease for its new European headquarters at 77 Grosvenor Street, London, for an undisclosed sum. Real estate partner James Dodsworth led the team advising Tristone, which took the lease from Norwich Union Life & Pensions, which was represented in-house.

    1 minute read

  • March 7, 2007 |

    Under-fire Jenkens faces closure as majority of offices join rivals

    Embattled US firm Jenkens & Gilchrist is facing possible dissolution, it emerged last week, with the vast majority of the Dallas outfit's offices already set to join rival firms. As revealed by legalweek.com (27 February), the firm is currently in discussions over its future, with management hoping to resolve the matter by the end of this month.

    1 minute read

  • March 7, 2007 |

    Eversheds signs off first deal for Sony Ericsson with UIQ takeover

    Eversheds has closed its first corporate deal for Sony Ericsson after advising the mobile phone giant on its recent acquisition of Swedish software company UIQ Technology from Symbian.

    1 minute read

  • March 6, 2007 |

    Bakers aces audition for BBC Trust role

    Baker & McKenzie has scooped a prize place on the BBC's roster of advisers, being named as legal adviser to the BBC's new governing body, the BBC Trust. The appointment, which carries no fixed term, will see Bakers' City head of competition, Samantha Mobley, and public law partner Tom Cassells provide competition, public law and regulatory advice to the client. The firm will advise the Trust on fair trading policies and will also be consulted initiatives such as the BBC's proposed free-to-air digital TV satellite platform.

    1 minute read

  • February 28, 2007 |

    Management: Tact is the best form of defence

    Many years ago, I received the sort of phone call that any public relations adviser dreads - a solicitor client had been accused of assaulting a woman at his Belgravia offices and the press were all over the story. Allen Chubb, then senior partner at a firm called Child & Child, had apparently rugby-tackled Laura Harold, the wife of a wealthy property developer, following a dispute in which he refused to hand over the deeds of her home before an outstanding bill was settled. Chubb was ultimately convicted of falsely imprisoning and causing actual bodily harm to Harold and faced a three-month suspension by the Solicitors Disciplinary Tribunal. The tale, unsurprisingly, resulted in reams of salacious media coverage - and that was in 1996.

    1 minute read

  • February 21, 2007 |

    Deals: M&A 22/02/2007

    CMS Cameron McKenna has advised Galliford Try, a UK construction and house-building company, on its acquisition of residential building company Linden Holdings for £244.5m. Galliford will acquire 100% equity value of Linden for £108.5m and will assume Linden's net debt of £136m. Corporate partner Gary Green led the team at Camerons, while partner Adam Greaves at Jones Day led the team advising Linden.

    1 minute read

  • February 21, 2007 |

    Deals: Finance 22/02/2007

    Pinsent Masons has advised a club of arranging banks, Lloyds TSB, HSBC and Icelandic bank Glitnir Banki HF, on the £45m refinancing of the fruit and snack specialists The Whitworths Group. The team at Pinsents was led by banking partners William Oliver and Martin Bishop. European Capital, which acquired the Whitworths Group in November last year, retains £14m of mezzanine debt. It was advised by Weil Gotshal & Manges banking associate Faisal Ramzan.

    1 minute read

  • February 21, 2007 |

    BLP ally Beiten Burkhardt to axe Cologne arm

    Beiten Burkhardt is to pull the plug on its Cologne office and re-house the bulk of the team in its Duesseldorf office, it was announced today (21 February). The German independent - which is the local ally of top 20 UK firm Berwin Leighton Paisner - is closing the office in March. The move follows a management review of the firm's domestic practice, which concluded that Duesseldorf would be the more profitable location for the team.

    1 minute read