Allen & Overy and Goodwin lead on Bridgepoint's £220m sale of Leeds Bradford Airport
Bridgepoint sells northern airport 10 years after initial purchase
November 03, 2017 at 08:56 AM
2 minute read
Allen & Overy (A&O) and Goodwin have advised on the £220m sale of Leeds Bradford Airport by private equity house Bridgepoint Capital to rival AMP Capital.
A&O is advising AMP Capital, the investment arm of Australian wealth manager AMP, with a team led by infrastructure partners Conrad Andersen and Peter Banks.
US firm Goodwin Procter is advising Bridgepoint, fielding a team including London private equity partners Richard Lever, Mark Soundy and Sarah Priestley.
Bridgepoint acquired the airport for £145.5m 10 years ago. Addleshaw Goddard advised the private equity house on that deal, while DLA Piper advised the five Yorkshire authorities that jointly owned the airport.
Soundy and Priestley joined Goodwin from US rival Shearman & Sterling last year. While at Shearman they advised Bridgepoint on its $100m (£75m) investment in food delivery service Deliveroo in 2016, while in 2014 Soundy advised on the fund's £212m acquisition of foreign exchange provider Moneycorp.
A&O also advised AMP Capital last year on its $370m (£279m) joint venture acquisition, with Northleaf Capital, of the largest underground parking system in the US, Chicago Downtown Public Parking System.
Earlier this year, the firm advised the fund on the sale of a stake in Spanish oil and pipeline company Compania Logistica de Hidrocarburos to Macquarie European Infrastructure Fund 5.
Last year, magic circle trio Slaughter and May, Freshfields Bruckhaus Deringer and Linklaters all took roles on the £2bn sale of London City Airport to a Canadian-led consortium of investors.
Pic credit: Ian Gratton
This content has been archived.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
Ted Olson, Legal 'Titan' and Former US Solicitor General Who Argued Bush v. Gore, Dies
Baker McKenzie, Greenberg Traurig, Clyde & Co. Expand In Middle East
3 minute readTrending Stories
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
