University of Law sale hands roles to Linklaters, Travers Smith and Eversheds
Montagu gets rid of institution less than three years after landmark £200m acquisition
June 04, 2015 at 08:55 AM
2 minute read
The University of Law (ULaw) has been acquired by Global University Systems (GUS) for an undisclosed sum in a deal that has handed roles to Linklaters, Travers Smith and Eversheds.
Private equity house Montagu, advised by Linklaters, has sold the institution less than three years after its purchase.
GUS, owners of the London School of Business and Finance (LSBF) and St Patrick's College, turned to Eversheds for advice, while Travers Smith acted for the senior management of ULaw on the sale, led by private equity head Paul Dolman with support from tax partner Russell Warren.
GUS will continue to operate ULaw as a distinct school. However, a strategic review of the company's UK business on completion of the deal "may see realignment of some, or all, of GUS UK's existing businesses under the umbrella of ULaw", it said in a statement.
Former Labour education secretary and LSBF visiting lecturer David Blunkett will chair a new-look ULaw board.
The formerly charitable College of Law was bought by Montagu for £200m in 2012. The institution became Britain's first 'for profit' university later the same year when it was granted university status and changed its name to the University of Law.
Linklaters led for Montagu on that original purchase with Allen & Overy advising the college on negotiations.
This content has been archived.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
© 2024 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
Big Law Leaders, Dealmakers Optimistic about M&A Deal Flow Under Trump, With Caveats
5 minute read
The Law Firms Generating 8-Figure Fees on the Year's Big Ticket UK Deals
3 minute read
'Significant' Competition Concerns Over £762M GXO Logistics-Wincanton Merger
Trending Stories
- 1Democrats Give Up Circuit Court Picks for Trial Judges in Reported Deal with GOP
- 2Trump Taps Former Fla. Attorney General for AG
- 3Newsom Names Two Judges to Appellate Courts in San Francisco, Orange County
- 4Biden Has Few Ways to Protect His Environmental Legacy, Say Lawyers, Advocates
- 5UN Treaty Enacting Cybercrime Standards Likely to Face Headwinds in US, Other Countries
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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
