Deal Week Dispatch: 24/10/2007
Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled deals coverage, with Travers Smith, Linklaters and DLA Piper among the movers and shakers
October 24, 2007 at 05:03 AM
3 minute read
Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled Deal Week section
M&A
Linklaters corporate partner Aedamar Comiskey, assisted by corporate associate Sophie Harith-Kassim, has advised materials science company Cookson Group on its £497m acquisition of steel-making products supplier Foseco. Foseco was advised by Ashurst corporate partner Bruce Hanton.
Wedlake Bell has advised commercial property agency Edwin Hill on its £26.9m sale to Canadian property and professional services company Altus Group. Wedlake Bell corporate partner Tony Lane advised Edwin Hill on its disposal. Altus was advised by in-house general counsel Rose Oushalkas and Canadian firm Goodmans. Bird & Bird corporate partner Simon Fielder advised Altus on UK law.
Travers Smith corporate partner Paul Dolman has advised Promethean Investments and management on the £75m secondary buy-out of UK lifestyle data company DLG Holdings to Kaupthing Bank. Pinsent Masons corporate partners Andrew Masraf and Darius Lewington advised Kaupthing Bank's private equity arm while the banking arm was advised by DLA Piper finance partner Peter Crichton. Linklaters corporate partner Ian Bagshaw (pictured above) advised DLG Holdings' management.
MBOs
Addleshaw Goddard corporate partner Andrew Carpenter has advised the management of West Cornwall Pasty Company on its £35m management buy-out, which was backed by Gresham Private Equity. DLA Piper fielded a team led by banking partner David Miles and corporate partner David Raff advising Gresham. Berwin Leighton Paisner banking partner Michael Ewart advised Lloyds TSB Acquisition Finance, which provided the debt.
Travers Smith has advised Barclays Private Equity on the £75.5m management buy-out of oil and gas product service providers Hydrasun Group. Corporate partner Paul Dolman (pictured below), assisted by competition partner Margaret Moore, led the Travers team. DLA Piper corporate associate Jeff Soal advised the selling shareholders while management was advised by Paull & Williamsons corporate partner Scott Allan. Dickson Minto advised debt provider Barclays Bank.
PROPERTY
Pinsent Masons is advising House of Fraser on its move to new headquarters in Baker Street in spring 2008. The move will see House of Fraser lease a 50,000 sq ft space in the building. Property partner Richard Daffern led the Pinsents team. SJ Berwin property partner William Boss advised Marks & Spencer.
FINANCE
Bond Pearce has advised air operator British International on the transfer of its banking relationship from the Bank of Scotland to the Bank of Ireland and the acceptance of new banking facilities totalling £12.5m. Banking associate Philip Withey led the team advising British International. Osborne Clarke banking partner Omar Al-Nuaimi, assisted by banking associate Chris Gratton, advised Bank of Ireland. Bank of Scotland was advised by DLA Piper restructuring solicitor David Ampaw.
In Deal Week tomorrow…
Don't miss tomorrow's edition of Legal Week for commentary on the conflicts storm engulfing the Freshfields Bruckhaus Deringer (again), plus deals from all your favourite advisers, including Linklaters, Lovells and Olswang.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Skadden, White & Case Guide Citigroup Demerger in Mexico
Kirkland’s O’Shea Acts Alongside Former Outfit Simpson Thacher on KKR Deal
2 minute read
Big Law Sidelined as Asian IPOs in New York Dominated by Small Cap Listings
Quartet Of Firms Engaged As Adani Exits $2B Joint Venture With Singapore’s Wilmar
Trending Stories
- 1We the People?
- 2New York-Based Skadden Team Joins White & Case Group in Mexico City for Citigroup Demerger
- 3No Two Wildfires Alike: Lawyers Take Different Legal Strategies in California
- 4Poop-Themed Dog Toy OK as Parody, but Still Tarnished Jack Daniel’s Brand, Court Says
- 5Meet the New President of NY's Association of Trial Court Jurists
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
