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International Edition

Lawyers try their hands for Manchester 'super-casino'

The project is also likely to generate work for firms on the six-strong panel of the Northwest Regional Development Agency, which currently includes Hammonds, Beachcroft, Eversheds and Mace & Jones, as well as Wigan's Platt & Fishwick and Warrington practice Forshaws.
3 minute read

International Edition

Stephenson Harwood and Herbies take the lead on £400m hotel portfolio sale

Stephenson Harwood has advised UK leisure group Macdonald Hotels on the £400m sale of 24 of its hotels to Moorfield Real Estate Fund (MREF). The firm, led by head of corporate Sharon White, advised on the sale. Macdonald will operate the hotels until a competitive pitch takes place to decide on new management.
1 minute read

International Edition

Skadden's City arm seals £1.3bn bond double

Skadden Arps Slate Meagher & Flom has advised insurance and financial products giant Generali Group on two major bond issues worth a combined value of £1.3bn - the biggest piece of work the firm's London office has done for the client. Skadden London finance partner James Healy led the team on the deal which saw Generali issue two bonds worth €1.25bn (£827m) and £495m. Generali will use the proceeds to repay outstanding debt under a financing agreement for the acquisition of Italian insurer Toro Assicurazioni.
1 minute read

International Edition

Olswang on the ball to net football broadcasting first

Olswang has secured a landmark radio contract for new client UTV on the auction of broadcasting rights for the FA Premier League. The City firm advised UTV, the ITV franchise for Northern Ireland, which has secured a broadcasting contract for one of seven 32-game Premier League packages for subsidiary talkSPORT.
2 minute read

International Edition

McGrigors jumps ahead of Lovells for £155m pub chain sale mandate

McGrigors has scooped an eye-catching M&A mandate ahead of Lovells, acting for retail entrepreneur Michael Cannon on the £155m sale of West Country…
2 minute read

International Edition

Trio bag roles on £570m insurance buy-out

Osborne Clarke (OC), DLA Piper and Lovells have advised on Insurance Australia Group's (IAG's) £570m buy-out of Equity Insurance Group (EIG). The deal, which closed last month, saw IAG take on EIG, one of the UK's largest motor underwriters and brokers, with a network of call centres and more than 70 high street branches across the UK.
1 minute read

International Edition

Deals: M&A 08/02/2007

Slaughter and May has advised Standard Chartered Bank on the sale of its shareholding in Standard Chartered Trustee and Standard Chartered Asset Management to a subsidiary of UBS, for $120m (£61m). Corporate partner Paul Olney led the team, working with Desai & Diwanji in India. Freshfields Bruckhaus Deringer corporate partner Philip Richards led the team advising UBS.
2 minute read

International Edition

Deals: Finance 08/02/2007

White & Case has acted for Nigeria's Guaranty Trust Bank on its $350m (£178m) Eurobond issue. This is the first international corporate bond issue by a Nigerian business since the early 1990s. Finance partner Stuart Matty led the team. Standard Bank acted as sole bookrunner and was also joint lead manager along with Afrinvest (West Africa), were both advised on UK issues by Allen & Overy capital markets partner Jonathan Mellor.
1 minute read

International Edition

Deals: Property 8/02/2007

Olswang has acted for a joint venture between Benchmark and JER Partners on the sale of 90 Long Acre in Covent Garden, Olswang's old London premises, to a joint venture between Witkoff Group and DCD Group for £175m. The team at Olswang was led by real estate partner Liz Goss. Jones Day's real estate partner, Andrew Gumpert, led the team acting for the Witkoff Group/DCD joint venture.
1 minute read

International Edition

Dealmaker: Stephen Gillespie

One of the City's leading acquisition finance lawyers, Stephen Gillespie last year joined the London arm of Kirkland & Ellis
5 minute read

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