Eversheds Joins Magic Circle Duo Advising On £1.6 Billion Bank Tie-Up
OneSavings Bank and Charter Court Financial Services are in late-stage talks for a £1.6 billion merger.
March 11, 2019 at 07:56 AM
2 minute read
Slaughter and May, Linklaters and Eversheds Sutherland have banked advisory roles on the £1.6 billion proposed merger between OneSavings Bank and listed company Charter Court Financial Services.
The two companies offer mortgage and saving services and if the talks are successful, OneSavings Bank shareholders would own the majority share of the combined company.
Slaughters corporate head Roland Turnill and corporate partner Paul Dickson are leading the team advising OneSavings.
Fellow magic circle firm Linklaters is advising Charter Court. Its team includes corporate partner Simon Branigan, competition partner Natura Gracia and employment partner Alex Beidas.
Eversheds Sutherland, meanwhile, is advising Charter Court's management team, with London head of incentives Danny Blum and London head of employment Paul Fontes advising. The firm advised Charter Court in 2017 on its initial public offering.
Ashurst advised OneSavings on its 2014 IPO in London with a team led by capital markets partner Jonathan Parry, who joined White & Case in 2016.
Last year, Slaughters picked up a role advising on Clydesdale and Yorkshire Banking Group's takeover of Virgin Money for £1.7 billion, alongside fellow magic circle firms Allen & Overy and Clifford Chance.
This content has been archived.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
Lawyers Among Those Convicted as Hong Kong High Court Sentences 45 Activists to Prison
South Africa Regulator’s Staffing Problems Leave High-Stakes M&A Deals in Limbo
4 minute read
German Court Finds Facebook Must Pay Users for Data Breach, But Less Than Expected
Singapore Tycoon Loses Suit Against HSBC, Sentenced To Prison On Forgery Charges
Trending Stories
- 1Trump's SEC Likely to Halt 'Off-Channel' Texting Probe That's Led to Billions in Fines
- 2Special Section: Products Liability, Mass Torts & Class Action/Personal Injury
- 3The Elliott Management vs. Southwest Airlines Faceoff: Who Won and What Determined the Outcome?
- 4November Court of Appeals Roundup
- 5Trellis Launches Trellis AI, a New Suite of Automated Litigation Tools
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
