Deals Review 2013 Dealmaking in 2012

Total Page:16

File Type:pdf, Size:1020Kb

Deals Review 2013 Dealmaking in 2012 IN PRINT. IN PERSON. ONLINE UNITED KINGDOM DEALS REVIEW 2013 DEALMAKING IN 2012 DEALS OF THE YEAR EDITOR’S FOREWORD SPONSOR’S FOREWORD ASK THE EXPERT DEALMAKERS AWARDS FOREWORD Philip Cunliffe Specialist Publications Editor I am delighted to introduce the UK Deals Review 2013. This is the first from the regional Insider Dealmakers Awards; and expert views on time that Insider has produced a digital review of deals activity and some of the issues that continue to challenge as we move into 2013. we hope you find it useful, informative and user-friendly. But we also look forward to the future; some of the leading professional practitioners offer their expert opinion of what we can all expect In terms of dealmaking activity, 2012 can perhaps be best described next year. as ‘steady’. While not breaking any records in terms of volume or value, the flow of completed transactions was at times very brisk. May I take this opportunity to thank all those who contributed to this What is clear that, in these challenging times, it is the creativity of digital publication. In particular, I would like to thank our sponsors, thought, the desire to succeed and the tenacity of businesses and without whom this UK Deals Review 2013 wouldn’t exist. their advisers to push deals through, that really make the difference. I wish you all successful dealmaking in 2013. This is a retrospective look at dealmaking across the UK, with items including our compendium of significant and noteworthy deals; data summarising the quarterly value of deals by sector; all the winners SPONSOR’S FOREWORD SPONSORED BY Peter Wright Investment Director The Finance Wales Group Email: [email protected] Overall, 2012 has been a mixed year for the deals market, with a lack So, where will opportunities come from in 2013? We will still see of business confidence a major contributing factor. While many some business sectors, like energy and renewables, medical devices businesses have clearly been putting off decisions, there have been and ICT outshining others. We’re currently seeing lots of innovative some pockets of success. young companies developing exciting new products and services in these sectors. It’s also a good time to seek out new export markets, Expansion finance remains prone to fluctuations in market confidence especially in regions such as the Middle East. And, with willing, yet and this fragility has naturally impacted on the number and value of cautious buyers around, 2013 should be a better year deals. Demand for pure equity funding for development capital has for the M&A market. reduced but we have seen demand for debt and mezzanine structures increase. More widely, the UK Government’s Funding for Lending scheme seems to be showing some signs of success but it is too early to say if it’s really stimulating the banks to lend. 2013 will be another hard year, but now is the time to invest for an upturn in 2014. DEAL TYPES AND VOLUMES 2011 AND 2012 BY QUARTER UK11 Q1 UK12 Q1 UK11 Q1 UK12 Q1 Volume Volume Value (£M) Value (£M) ACQUISITION 680 663 36,697 63,280 RIGHTS ISSUE / OTHER ISSUE 223 209 10,212 38,846 DEVELOPMENT CAPITAL 110 126 1,052 724 EXIT 64 45 6,076 44,835 MANAGEMENT BUYOUT 59 53 356 1,608 RECONSTRUCTION / REFINANCING 52 54 3,995 3,049 INSOLVENCY 43 58 91 87 DIVESTMENT 40 37 937 433 FLOTATION 39 33 7,596 35,881 INVESTOR BUYOUT 39 33 3,491 4,908 STARTUP 32 20 5,593 100 QUARTER ONE MINORITY STAKE 27 40 419 893 MERGER 24 19 - - SHARE BUY-BACK 18 27 507 2,552 SECONDARY BUYOUT 15 6 286 960 MANAGEMENT BUY-IN 13 14 1 12 REVERSE TAKEOVER 7 4 56 1,481 PUBLIC TO PRIVATE 5 4 1,072 1,961 DEMERGER 3 1 - - MANAGEMENT BUY-IN / BUYOUT 3 4 - - STARTUP (FUND RAISING) 3 4 137 6,777 EXIT (PARTIAL) 2 4 10 95 INVESTOR BUY-IN 1 0 - 0 DEAL TYPES AND VOLUMES 2011 AND 2012 BY QUARTER UK11 Q2 UK12 Q2 UK11 Q2 UK12 Q2 Volume Volume Value (£M) Value (£M) ACQUISITION 642 648 41,895 37,743 RIGHTS ISSUE / OTHER ISSUE 242 222 15,425 14,051 DEVELOPMENT CAPITAL 104 109 371 720 EXIT 58 48 10,570 5,428 MANAGEMENT BUYOUT 53 52 892 260 RECONSTRUCTION / REFINANCING 51 61 3,904 4,035 INSOLVENCY 40 38 334 217 DIVESTMENT 20 48 881 6,530 FLOTATION 62 44 12,004 8,202 INVESTOR BUYOUT 31 39 2,442 5,274 STARTUP 31 17 5 1 QUARTER TWO MINORITY STAKE 61 48 3,095 6,734 MERGER 19 23 - - SHARE BUY-BACK 13 24 748 4,365 SECONDARY BUYOUT 8 10 757 366 MANAGEMENT BUY-IN 7 11 - 10 REVERSE TAKEOVER 8 3 623 92 PUBLIC TO PRIVATE 7 9 2,005 1,002 DEMERGER 4 0 - 0 MANAGEMENT BUY-IN / BUYOUT 3 2 27 - STARTUP (FUND RAISING) 4 2 290 92 EXIT (PARTIAL) 4 5 551 5,614 INVESTOR BUY-IN 0000 DEAL TYPES AND VOLUMES 2011 AND 2012 BY QUARTER UK11 Q3 UK12 Q3 UK11 Q3 UK12 Q3 Volume Volume Value (£M) Value (£M) ACQUISITION 713 621 53,676 19,172 RIGHTS ISSUE / OTHER ISSUE 178 173 26,589 3,368 DEVELOPMENT CAPITAL 118 94 836 514 EXIT 50 35 4,733 3,374 MANAGEMENT BUYOUT 44 40 217 241 RECONSTRUCTION / REFINANCING 61 84 3,940 4,026 INSOLVENCY 49 42 113 102 DIVESTMENT 33 33 271 1,268 FLOTATION 33 22 22,849 1,147 INVESTOR BUYOUT 44 32 2,111 3,865 STARTUP 21 12 29 - MINORITY STAKE 45 33 2,761 2,794 MERGER 28 22 52 - QUARTER THREE SHARE BUY-BACK 7 17 31 2,105 SECONDARY BUYOUT 11 9 625 1,569 MANAGEMENT BUY-IN 12 7 43 4 REVERSE TAKEOVER 8 3 1,514 180 PUBLIC TO PRIVATE 5 3 479 16 DEMERGER 1 1 - - MANAGEMENT BUY-IN / BUYOUT 6 1 15 7 STARTUP (FUND RAISING) 11 9 1,226 3,853 EXIT (PARTIAL) 3 3 4 557 INVESTOR BUY-IN 0000 DEAL TYPES AND VOLUMES 2011 AND 2012 BY QUARTER UK11 Q4 UK12 Q4* UK11 Q4 UK12 Q4* Volume Volume Value (£M) Value (£M) ACQUISITION 681 396 30,312 16,842 RIGHTS ISSUE / OTHER ISSUE 184 164 6,753 19,951 DEVELOPMENT CAPITAL 96 46 333 207 EXIT 41 16 2,730 4,106 MANAGEMENT BUYOUT 58 31 368 100 RECONSTRUCTION / REFINANCING 62 55 6,136 1,361 INSOLVENCY 53 22 291 84 DIVESTMENT 32 19 1,917 6,502 FLOTATION 39 17 3,362 684 INVESTOR BUYOUT 36 17 2,006 4,772 STARTUP 20 8 156 47 MINORITY STAKE 46 24 7,338 18,316 QUARTER FOUR MERGER 27 20 - 855 SHARE BUY-BACK 7 8 84 661 SECONDARY BUYOUT 10 5 1,231 3,467 MANAGEMENT BUY-IN 16 3 14 30 REVERSE TAKEOVER 2 4 6 83 PUBLIC TO PRIVATE 7 1 160 31 DEMERGER 0 1 0 - MANAGEMENT BUY-IN / BUYOUT 2060 STARTUP (FUND RAISING) 9 0 8,366 0 EXIT (PARTIAL) 4 0 382 0 INVESTOR BUY-IN 0000 *Q4 2012 as of 4th Dec 2012 Source: Experian Corpfin 2012 PREDICTIONS FOR 2013 Q Will there be growth in the deals market in 2013? We asked five leading professionals to predict what businesses can expect next year INVESTOR LAWYER CORPORATE FINANCIER INSURER ASSET BASED LENDER MALCOLM KPEDEKPO TIM SADKA MICHAEL SMITH SUE SKINNER DAVID POSTINGS PANORAMIC GROWTH EQUITY RAWLISON BUTLER LLP TAIT WALKER THE CO-OPERATIVE INSURANCE BIBBY FINANCIAL SERVICES 0141 331 5100 01293 527744 0191 285 0321 0800 656 9770 01295 661 900 [email protected] [email protected] [email protected] [email protected] [email protected] Certainly we expect a more Businesses should remain Prospects for the 2013 North East With the recession showing little As George Osborne knows well, upbeat outlook. In terms of deal optimistic. Challenges exist, deals market keep on improving. sign of letting up businesses will predicting the future of the activity, corporate prices are not least the Eurozone issue and Manufacturing and exporting continue to cut costs in 2013. economy is difficult. But I think now reasonable and we believe the prospect of a low growth businesses continue to drive We’ve already seen evidence that interest rates will remain that the recovery will see a economy which may be with us for interest from trade buyers, many of businesses scaling back their low and with growth remaining much larger number of MBO some time. We expect the focus to of them overseas. Private Equity insurance or even trading without. lower than expected according opportunities. We also believe be on growth via acquisition and has a keen interest in the oil/gas In the case of the recent floods to the Office for Budget that the new Patent Box succession planning/exits whether and renewables sector. The local this could spell disaster for those Responsibility, I expect to see legislation and its tax benefits by MBOs or Private Equity/Venture JEREMIE funds can fund the companies who can’t afford to invoice finance growing more will attract a flood of international Capital and by the emergence plans of ambitious businesses. repair damage to their premises quickly than the level of GDP trade buyers. of high net worth investors. themselves. in 2013. DEALS OF THE YEAR Insider Deals of the Year The number of transactions that have been completed across the whole of the UK during the course of 2012 is enormous.
Recommended publications
  • MUNICIPAL YEAR 201512016 REPORT NO. ACTION to BE TAKEN UNDER DELEGATED AUTHORITY OPERATIONAL DECISION OF: E Mail: Clare.Paine@En
    MUNICIPAL YEAR 201512016 REPORT NO. ACTION TO BE TAKEN UNDER Agenda Part: I KD Num: KD 4201 DELEGATED AUTHORITY - Subject OPERATIONAL DECISION OF: Novation of Contract for Legal Support Director - Regeneration Services for Lee Valley Heat Network and Environment Wards: All Contact officer and telephone number: Clare Paine, 0208 379 6467 E mail: [email protected] 1. EXECUTIVE SUMMARY 1.1 Following a tender process carried out in accordance with the Publíc Contracts Regulations 2006, the London Borough of Enfield ('the Authority') entered into a contract for the provision of legal support services for the Lee Valley Heat Network with Temple Bright LLP on 1Oth December 2014 ('the Contract'). The decision for the award of the contract was taken by the Director of Regeneration & Environment on 7 November 2014 (KD 3992). 1.2 Due to their experience and skills, the Contract identified certain key personnel (the 'Key Personnel') as crucial for the delivery of the services. However, the Key Personnel have now left Temple Bright on amicable terms to establish their own law fírm, Lux Nova Partners LLP ('Lux Nova'). 2. RECOMMENDATIONS It is recommended that the Authority approves the novation of the Contract from Temple Bright LLP to Lux Nova to ensure the continued engagement of the Key Personnel. 1 RE 15/53 - Part 1 3. BACKGROUND 3.1 The Authority entered into the Contract with Temple Bright LLP following a 'Part B' procurement carried out in accordance with the Public Contracts Regulations 2006. The Authority did not need to publish an OJEU Call for Competition Notice for Expressions of lnterest, and simply placed an advertisement on the London Tenders Portal seeking expressions of interest from legal firms.
    [Show full text]
  • Lex 100 P014-024 Winners.Qxp 17/08/2007 15:08 Page 14
    Lex 100 p014-024 Winners.qxp 17/08/2007 15:08 Page 14 Job satisfaction How would you rate your overall job satisfaction? Lex 100 winners 1 Farrer & Co 9.10 2 Harbottle & Lewis LLP 9.00 Analysis = McDermott Will & Emery UK LLP 9.00 This important category is topped this year by Farrer & Co in what’s = Skadden, Arps, Slate, Meagher & Flom (UK) LLP 9.00 been a highly impressive overall performance – the firm appears in every single one of our Lex 100 5 Cleary Gottlieb Steen & Hamilton LLP 8.75 Winners tables, often near the top, the first firm to do so. So why is this 6 Covington & Burling LLP 8.71 mid-sized London firm so popular with trainees? It certainly sounds a fun place 7 Latham & Watkins 8.67 to work and offers six seats in a wide variety of practice areas. There’s a strong 8 Ashfords 8.63 bond between current trainees, who praise the ‘great people and great mix of work’, ‘unique atmosphere’ and ‘sheer breadth of training = Stephens & Scown 8.63 opportunities’. Media boutique Harbottle & Lewis comes next. Trainees here feel they have ‘considerably 10 Bristows 8.60 better quality work than peers, better experience and more exposure’. Then, as last year, there’s a strong showing = Shoosmiths 8.60 by five US firms: McDermott Will & Emery, Skadden, Arps, Slate, Meagher & Flom, Cleary Gottlieb, Covington & 12 Browne Jacobson LLP 8.58 Burling and Latham & Watkins. These firms have not been offering training contracts for that long in London and all have 13 Birketts 8.50 limited intakes.
    [Show full text]
  • TFB to Offer Users Microsoft
    The Orange Rag www.legaltechnology.com November’s big deals Duo of Elite 3E wins Thomson Elite has secured two more orders for its Elite 3E next generation practice management system. The orders were placed by 44 partner Lewis Silkin and 14 partner professional indemnity specialists Fishburns. Lewis Silkin’s IT director Jan Durant said 3E was chosen TFB to offer users because it offered easy integration with the firm’s existing technology strategy “which is based on the increased use of Microsoft CRM intranets and CRM”. Both firms will be At its annual user conference later this week, TFB will replacing older legacy systems. unveil plans to resell a version of the CRM4Legal client relationship management system (which is based on Campbell Hooper swap-out Firmware Microsoft Dynamics CRM software) to its users as a fully Westminster law firm Campbell Hooper integrated add-on to the company’s Partner for Windows has selected Pilgrim Systems’ LawSoft as case and practice management suite. CRM4Legal has been its next generation practice management developed by the US supplier Client Profiles, which has system. The 130-user firm, which will also recently established a presence in the UK, and TFB is be using LawSoft for CRM and workflow confident a number of its larger users will commit to the applications, had been running the old system in the first few months of next year. The first public Tikit/ResSoft Firmware system. demonstrations of TFB’s implementation of CRM4Legal will take place at the Islington Legal IT show in February, RJW extend Visualfiles footprint when TFB will also be announcing details of what it Russell Jones & Walker has extended its describes as an attractive pricing structure that will finally investment in LexisNexis Visualfiles make CRM affordable to non top-100 sized law firms.
    [Show full text]
  • Wednesday 11 November 2015 the Great Hall 1.00Pm–3.30Pm
    This fair guide has been produced in association with Edgbaston, Birmingham, Wednesday 11 November 2015 B15 2TT, United Kingdom www.birmingham.ac.uk 11375 © University of Birmingham 2015. Printed on a recycled grade paper containing 100% post-consumer waste The Great Hall 1.00pm–3.30pm 11375 Careers Fair - Law Fair Cover_AW.indd 1-2 14/09/2015 14:19 Welcome to the Careers Network Law Fair. This event aims to provide Careers Network has a you with the opportunity to meet high quality employers face to face host of useful resources and discuss employment opportunities for vacation schemes and training contracts for 2017. information n ideas n vacancies n guidance n skills training Information p On occupations, employer research, further study, a year out, CV writing, completing applications, and much more Advice and guidance appointments Our Careers Advisers offer a arrange of appointments to provide careers support including: p General careers advice p CV checks p Practice Interviews These can be booked via Careers Connect at intranet.birmingham.ac.uk/careersconnect Employer presentations and workshops To help you through the recruitment process, come to our activity based sessions that will improve your confidence and performance, as well as help you research your ideas and make career-decisions. Sessions include: Interviews, Assessment Centres, Career Planning, Personal development training workshops, as well as Occupational and Industry specific events. Employer presentations during the Autumn term also provide an opportunity to meet employers and hear about what they can offer you. Visit our website at intranet.birmingham.ac.uk/careers for p News – all the latest happenings and updates p Vacancies p Employer events and career fairs Individually brilliant, p Links to employers and searchable databases of information collectively extraordinary p Sign up for events and workshops Offi ces worldwide.
    [Show full text]
  • Hillingdon Primary Care Trust
    Access to Legal Advice Policy To be read in conjunction with Risk Management Strategy/Policy Claims Policy Version Control Record Version Description of Reason for Change Author Date Change(s) 1.0 New Policy for CCG Keith Dickinson 28 April 2013 Page 1 of 15 Contents Section CONTENTS Page 1 INTRODUCTION 3 2 SCOPE 3 3 BACKGROUND 3 4 OBTAINING ADVICE 3 4.1. Authorised Persons 3 4.2 All Staff 3 4.3 When Advice Might Be Required 3 4.4 Internal Support and Expertise 4 4.6 External Professional Advice 4 4.7 Procedure to Access Legal Advice 4 4.8 Urgent Requests 4 4.9 Procedure for Instructing Solicitors 4 4.10 Payment for Legal Advice 5 5 IMPLEMENTATION 5 5.1 Ratification 5 5.2 Dissemination 5 5.3 Training 5 5.4 Audit 5 6 DUTIES AND REPSONSIBILITIES 5 6.1 Directors 5 6.2 Head of Governance 5 6.3 Authorised Persons 6 6.4 All Staff 6 Appendix A Request for Authorisation to Seek Legal Advice 7 Appendix B Internal Sources of Advice 9 Appendix C Contact details for Approved Law Firms 11 Appendix D Access To Legal Advice – Flowchart 13 Appendix E Equalities Impact Assessment 14 Page 2 of 15 INTRODUCTION 1.1 This document sets out the CCGs approach to ensuring that legal advice is obtained from the best and most economical sources. This includes identifying and providing access to internal and external experts, ensuring there is no unnecessary recourse to costly legal advice where the appropriate information or expertise exists within the CCG.
    [Show full text]
  • The Largest Commercial Law Firms in the UK Ranked by Revenue
    UK Top 50 2018-19 The largest commercial law firms in the UK ranked by revenue Rank Rank Revenue Change in Average PEP Change Total Change in total Total equity Change in total Revenue per Profit per lawyer Firm Leverage (2018-19) (2017-18) (£m) revenue (£k) in PEP partners partners partners equity partners lawyer (£k) (£k) 1 1 DLA Piper (1) 2111.0 2.8% 1,395 1.9% 1245.7 3.4% 401.0 -0.7% 570.3 151.0 8.2 2 2 Clifford Chance 1693.0 4.3% 1,620 1.3% 562 0.9% 394.0 0.5% 700.7 263.7 5.1 3 6 Linklaters 1628.7 6.9% 1,690 9.9% 464.2 0.9% 442.5 0.6% 692.7 319.7 4.3 4 4 Allen & Overy 1627.0 3.4% 1,660 1.2% 536 -0.4% 388.0 -0.3% 687.7 271.8 5.1 5 3 Hogan Lovells (1) 1577.0 -0.6% 1,029 2.9% 803 -3.9% 523.0 -5.9% 598.3 204.1 4.0 6 7 Freshfields Bruckhaus Deringer 1472.0 4.9% 1,839 5.5% 377 -4.3% 370.0 -5.6% 993.9 464.6 3.0 7 5 Norton Rose Fulbright (1) 1466.0 -3.9% 675 0.7% 1166.3 -3.8% 681.4 -4.6% 434.3 136.3 4.0 8 8 CMS (2) 1204.0 6.2% 582 1.4% 1041.5 -0.5% 601.9 0.7% 325.3 93.2 5.1 9 9 Herbert Smith Freehills 965.7 4.2% 949 11.4% 452 -2.6% 323.0 -0.6% 461.4 146.5 5.5 10 10 Eversheds Sutherland (3) 875.0 8.7% 865 2.4% 739 9.0% 198.8 4.1% 362.6 71.3 11.1 11 n/a Bryan Cave Leighton Paisner (4) 669.0 n/a 627 n/a 544.2 n/a 280.7 n/a 469.6 123.5 4.1 12 12 Ashurst 641.0 13.7% 972 30.8% 392 4.8% 241.0 0.8% 453.0 165.5 4.9 13 13 Clyde & Co 611.0 10.8% 690 4.5% 430 5.7% 219.0 2.8% 355.2 87.8 6.9 14 11 Slaughter and May **(5) 590.0 3.3% 2,300 n/a 109 -2.7% 102.0 -3.8% 1092.6 434.4 4.3 15 15 Pinsent Masons 475.0 5.6% 620 -5.1% 447 4.4% 183.0 2.8% 302.4 71.2
    [Show full text]
  • Behind the Scenes of Recent Panel Decisions
    THE DATA BEHIND THE STORY WHO REPRESENTS WHO Behind the scenes of How they will miss out... previous instructions (2015-16) recent panel decisions Pinsent Masons, DLA Piper, Ashurst and Bird & Bird have all missed out on William Commercial litigationCorporate tax Employment Health and safetyIT and telecomsGaming and bettingPlanning Intellectual propertyAviation Corporate andMergers commercial and acquisitionsBank lending Capital markets Hill’s latest UK adviser panel, with Linklaters and Addleshaw Goddard the only firms to retain their places on the FTSE 250 bookmaker’s slimmed-down roster. Pinsent Masons (August 2017, legalbusiness.co.uk) Ashurst UK supermarket and retailer Sainsbury’s Group has appointed 11 firms to its new legal DLA Piper panel, including Linklaters, Addleshaw Goddard, Dentons and CMS Cameron McKenna Nabarro Olswang. The panel, which was last reviewed in 2014, previously included Bond Bird & Bird Dickinson, DWF and Gowling WLG. (August 2017, legalbusiness.co.uk) HSBC has appointed around ten firms to its UK legal banking panel. Addleshaw Goddard, Eversheds Sutherland and Simmons & Simmons were among those which made the cut. CMS Cameron McKenna, Dentons and Pinsent Masons are also among the roster which was reduced in size. (July 2017, legalbusiness.co.uk) Product liabilityIntellectual propertyBrand managementEnvironment Commercial property:Trade marks retail Debt recovery Corporate tax Planning Spanish banking giant Santander has appointed a host of firms including Slaughter and May, Bond Dickinson Ashurst and Reed
    [Show full text]
  • Aderant at the Tipping Point of Being No.1 ?
    The Orange Rag www.legaltechnology.com April’s big deals Pilgrim in Axxia swap-out London law firm Underwood & Co has selected LawSoft from Pilgrim Systems as its next generation PMS. As well as migrating from its existing LexisNexis Axxia accounts system, the firm is also retiring its Hummingbird DocsOpen Aderant at the tipping software to get the benefits of LawSoft’s integrated DMS capability. Underwood point of being No.1 ? did consider but rejected migrating to Although reports suggest Elite is still on track for the 3E Axxia’s new DNA system. implementation at Allen & Overy to go live by the end of May, the big buzz coming out of last week’s Momentum Keoghs outsource with SCC conference in Miami Beach is Aderant has reached the Working with the Neil Cameron tipping point and is set to become the vendor of choice for Consulting Group, Keoghs has selected larger law firms. There are a raft of upgrades and new SCC to provide IT infrastructure and orders waiting to be announced, and there are also some systems support services to underpin its interesting new product positioning initiatives waiting in planned business expansion and provide the wings. But, what else was new? an improved quality of service to staff. SCC’s three year agreement will deliver The new Windows Workflow Foundation-based workflow end to end support for 650 users across capabilities within Aderant Expert are being greeted with three sites, including a fully outsourced enthusiasm, with some firms already achieving more with remote service desk, end user computing Windows Workflow than they previously managed with support, plus management of the server 3rd party platforms, such as Metastorm.
    [Show full text]
  • List of Core Participants and Their Recognised Legal Representatives and Counsel ______
    __________________________________________________________________________________ LIST OF CORE PARTICIPANTS AND THEIR RECOGNISED LEGAL REPRESENTATIVES AND COUNSEL __________________________________________________________________________________ Core Participants Recognised Legal Representative Counsel Families Richard Holmes, father of Sorrell Unrepresented Leczkowski Samantha Leczkowski, mother of Sorrell Leczkowski Terry Wilcox Pete Weatherby QC June Tron, Rachel Noble, (Hudgells Solicitors) Anna Morris Michael Tron and Ken Mullen, Harriet Johnson family of Philip Tron Andrew Roussos and Lisa Roussos, parents of Saffie-Rose Stephen Howe, husband of Alison Howe Elaine Hunter and Lee Hunter, Elkan Abraham Pete Weatherby QC mother and the brother of Lisa Anna Morris Lees (Broudie Jackson Canter) Harriet Johnson Charlotte Hodgson, mother of Olivia Paige Campbell-Hardy Simon Callander, father of Georgina Bethany Callander Andrew Hardy, father of Olivia Duncan Atkinson QC Paige Campbell-Hardy Helen Boniface Victoria Ailes, Anthony Kiss, husband of (Hogan Lovells International) Adam Payter Michelle Frances Kiss Harriet, Isabelle and Lily Taylor, daughters of Jane Carolyn Tweddle Caroline Curry, mother of Liam Thomas Curry Mark and Lisa Rutherford, parents of Chloe Ann Rutherford Deborah Hutchinson, mother of Courtney Boyle Robert Boyle, father of Courtney Boyle Guy Gozem QC Erin Shoesmith Paul Hett, father of Martyn Hett Austin Welch (Addleshaw Goddard LLP) Leila Ghahhary Paul Price, partner of Elaine McIver Daryl Price, mother of John Lewis
    [Show full text]
  • Tikit Buys Ressoft for £2 Million
    The leader in legal technology news Issue 172 Tikit buys ResSoft for £2 million The AIM-listed Tikit Group has made its second acquisition of the winter (in December it bought the NIS systems integration business from MYOB for £1 million) with the purchase of legal systems house ResSoft for £2 million in cash and shares. In the year ended 31 July 2004, ResSoft had revenues of £2.88 million and pre-tax profits of £220,525. The deal sees ResSoft founder Ken Symons retire however the company’s managing director Neil Renfrew now joins Tikit’s board as professional services director. ReSoft will also move out of its Hatton Garden offices but Tikit is retaining the Aldershot support and development facility. ResSoft began life in 1984 as Exol Computer Services before Law Society launches being acquired in 1993 by the Resolution Group and its name seventh issue of guide changed to Resolution Software Systems, later shortened to ResSoft. In the 1990’s it concentrated on the development of time The English Law Society has just published and billing systems for the legal profession, winning a number of the 7th edition of its Software Solutions Guide, magic circle sites with its FirmControl and Firmware systems. a publication which has become increasingly In 2000, ResSoft began establishing strategic alliances with a influential in system selection procedures for number of third-party software suppliers including Interwoven, High Street firms. As in previous years, the Autonomy, Metastorm and Interface Software. During this guide only focuses on accounts and practice period ResSoft also earned a strong reputation in the area of management systems.
    [Show full text]
  • Lateral Partner Moves in London
    Lateral Partner Moves in London July/August 2015 Ashurst Midlands firm Marrons Shakespeares. The firm has Skadden’s former global co-head of private equity, also strengthened its real estate finance practice Shaun Lascelles, joins the private equity team where with the hire of Robert Ludwig. Ludwig joins from he was formerly an associate. Lascelles’s Linklaters, where he was a managing associate in the appointment bolsters the firm’s corporate practice banking group. which has witnessed several partner departures over the past two years. Fenchurch Law This city-based specialist insurance firm has hired Baker & McKenzie insurance disputes lawyer Jonathan Corman from Boosting its global investigations capability, the firm Browne Jacobson. has appointed high-profile hire Jonathan Peddie into the disputes team. Peddie’s recent roles include Fladgate global head of financial crime legal and managing Litigation lawyer Bree Taylor has joined the firm director of litigation and investigations for Barclays, from Memery Crystal. She specialises in company, prior to his resignation in January. partnership and shareholder disputes, fraud and misfeasance claims. Beresford Crump LLP Julian Crump has set up IP boutique Beresford Fried, Frank, Harris, Shriver & Jacobson Crump LLP, specialising in pharmaceuticals and life The firm has continued the growth of its funds sciences, following his departure from the role of practice with the hire of Greg Beechey into its asset managing partner at US firm Mintz Levin. Crump is management practice. Beechey, the fourth lateral joined by fellow Mintz Levin IP partner Alison Haile. hire into the funds team this year, joins from King & Wood Mallesons. Berwin Leighton Paisner Berwin Leighton Paisner has made a major insurance Goodwin Procter hire with Geraldine Quirk from Clyde & Co.
    [Show full text]
  • Minutes of Court User Group Meeting Wednesday 14 April 2021 at 2.00Pm Held Remotely Via MS Teams
    Minutes of Court User Group Meeting Wednesday 14 April 2021 at 2.00pm Held remotely via MS Teams Terms of Reference The purpose of the Court User Group is to provide a forum for discussion of matters causing concern for Court Users and views and comments on policy issues. These minutes may be widely disseminated. Attendees HHJ Hilder (Chair) Senior Judge of the Court of Protection DJ Beckley DJ Eldergill DJ Ellington DJ Grosse DJ Jackson DJ Mullins HHJ Owens SE Region Lead Judge David Rees QC 5 Stone Buildings Angela Smith Abbotstone Law Alice Jackson Albin & Co Solicitors Kirsty MacMillan Anthony Collins Solicitors Louise Nettle Blake Morgan Ruth Meyer Boyes Turner LLP Alexander Wright Boyes Turner LLP Nicole Jarrett-Francis Brent Council Faria Jamali Browne Jacobson LLP Caroline Bielanska Caroline Bielanska Consultancy Julie Akorley Central and North West London NHS Foundation Kate Edwards Wrigleys Solicitors LLP (COPPA) Emily Norman Doughty Street Chambers Kelly Snowdon Durham County Council Yvonne Mitchell Ealing Council Nikki Bedford Enable Law Winsome Levy Field Court Ian MacKendrick Frenkel Topping Latoyah Thompson Higgs & Sons Michelle Weaver Higgs & Sons Claire Whittall Higgs & Sons Natalie Cheesewright HMCTS Nia Davies HMCTS Heather Feast HMCTS Jennifer Li HMCTS Chloe Mason HMCTS Mala Nair HMCTS Paulina Ndlovu HMCTS Scott Soley HMCTS Wendy Treadway HMCTS Stuart Farmer Howden Insurance Brokers Jonathan Hopkins Howden Insurance Brokers Zoë Bancroft Investec Wealth & Investment Ltd Jonathan Taylor Investec Wealth & Investment Ltd
    [Show full text]