2008 news releases

LG advises natural resources company on AIM float

LG has advised Thalassa Energy Ltd (Thalassa), an oil services business, on its admission to AIM.
11 August 2008


Planning delays set to hinder infrastructure growth package

Proposals to boost the UK and European economies by spending on public infrastructure projects may founder due to difficulties in obtaining planning permission in many states, according to the findings of a poll of planning regulations in 18 European countries.
8 December 2008


LG expands Pensions team with new partner hire

LG, the business law firm, is pleased to announce that Ron Burgess has joined its Pensions team as a partner.
1 December 2008


LG completes two off market deals for new client IVG

LG, the business law firm, has completed two deals for new client IVG Institutional Funds GmbH (IVG), a division of IVG Immobilien AG, one of Europe's leading property companies. The deals, both completed within the past two weeks include: the purchase of an office investment at 1 Georges Square, Bristol let to law firm Clarke Willmott for circa £22 million and the purchase of an office investment at 2 Brindleyplace, Birmingham, let to Lloyds TSB for £30.5 million.
18 November 2008


European Commission urged to roll insurance review into wider financial services and banking reform

The European Commission should roll insurance into wider reforms of cross-border banking and financial services regulation rather than proceed with a potentially inconsistent review of special provisions for the sector, a member of the EC Competition Directorate has been told.
6 November 2008


Senior property industry executive joins LG as Operations Director

John Heawood has joined the Real Estate team of LG, the business law firm, as Operations Director.
11 November 2008


LG advises on property and development company financing

Business law firm LG, has advised well-known property development and investment company Helical Bar Plc (Helical) on a financing of their Morgan Estate in Cardiff with Aareal Bank after a substantial redevelopment of the former premier department store.
28 October 2008


LG advises management team on Raven Audley Court sale

LG, the business law firm, advised the management team of Raven Audley Court plc (Audley) in respect of the disposal of Audley to a newly formed subsidiary of the Moorfield Group, MREF II AC Holdings SARL, for £15 million.
16 October 2008


LG Wealth Planning partner named Innovator of the Year

LG is please to announce that Caroline Garnham, Wealth Planning partner, has been named Spear's Wealth Management Innovator of the Year for 2008.
1 October 2008


European business response on Energy Directive "tepid"

Improving energy efficiency remains a low priority for businesses in most European countries, helping to making the Commission's Energy Performance Directive one of the least successful pieces of European legislation ever introduced, according to LG, a leading business law firm, following a poll of law firms in 18 countries.
30 September 2008


Senior FSA lawyer boosts LG's financial services practice

LG, the business law firm, is pleased to announce that Richard Everett has joined as a partner.
25 September 2008


LG chooses KIDS as annual charity partner

LG, the business law firm, has chosen KIDS as its annual charity for 2008/9. London-based KIDS is one of the leading charities in developing both the thinking and services that create an inclusive world for Disabled children, young people and their families.
10 September 2008


LG welcomes second Real Estate partner in two months

LG, the business law firm, is pleased to announce that Andrew Edwards has joined its Real Estate team as a partner from Berwin Leighton Paisner LLP.
10 September 2008


LG advises leading leisure company on asset swap

LG, the business law firm, has advised Whitbread on the acquisition of 21 of Mitchells & Butlers plc’s hotels, currently operating as Express by Holiday Inn, in exchange for 44 of Whitbread's pub restaurants.
2 September 2008


LG advises USS on portfolio joint venture with Tesco

The retail team at business law firm LG, has advised Universities Superannuation Scheme (USS) – the second largest fund in the country – in purchasing a 50% share in an investment property portfolio joint venture with Tesco.
28 August 2008


Indian company acquisition further consolidates LG's

LG, the business law firm, has advised Kaupthing Singer and Friedlander, the sponsor and broker to UK listed company, Renold plc, on Renold's institutional placing to fund the acquisition by Renold's Indian subsidiary, Renold Chain India Private Limited of certain assets of Indian company L.G. Balakrishan & Bros Ltd.
18 August 2008


LG helps conduct acquisition of bus manufacturer

Business law firm LG has advised nominated adviser and broker Cenkos Securities plc on a fundraising to finance the acquisition of Jamesstan Investments by Darwen Holdings Plc (now Optare plc) for an enterprise value of £15.95 million.
12 August 2008


LG welcomes anti-corruption and economic crime specialist

LG, the business law firm, is pleased to announce that Eoin O'Shea has joined its Commercial Litigation team as a partner.
18 August 2008


LG grows Corporate Real Estate practice with partner hire

LG, the London-based business law firm, is pleased to announced that Malcolm Headley has joined its Real Estate team as a partner.
28 July 2008


LG advises Landsbanki Securities on water fund

The investment funds team at LG, the London-based business law firm, has advised Landsbanki Securities (UK) Limited ("Landsbanki"), the sponsor to Aqua Resources Fund Limited (“Aqua”), on its admission to trading on the Official List of the London Stock Exchange.
24 July 2008


Nomads braced for downturn in 2008 activity on AIM

Nominated advisers to the AIM market are braced for a difficult year, with many expecting a significant slowdown in the number of transactions. Most also believe that continuing international interest – notably from India – will underpin the market in 2008.
1 July 2008


LG advises on $600m AIM listing of Indus Gas Limited

LG's India strategy continues to pay dividends with its involvement on its 8th AIM listing of an Indian focussed company
6 June 2008


LG named top international legal adviser to the super-rich

LG has been named International Law Firm of the Year at Citywealth's annual Magic Circle Awards, held last night at Millennium Mayfair Hotel.
9 May 2008


Trio of deals sees Clipper Windpower raise over $350m

LG, the business law firm, has advised long-standing client Clipper Windpower Plc ("Clipper") – the manufacturer of advanced wind turbines and developer of international wind energy projects – on a series of deals that support Clipper's rapid business growth in the US market.

2 May 2008


LG welcomes five new partners to its Corporate, Real Estate and Wealth Planning practices

LG, the business law firm, is pleased to announce that it has promoted Oliver Riley (corporate), Robert Adam (real estate), Catharine Bell (wealth planning), Philip Baker (construction) and Nick Rucker (wealth planning) to the partnership.

1 May 2008


LG advises Arthur J. Gallagher on management buyout of Asian reinsurance business

LG has advised existing client Arthur J. Gallagher (UK) Limited, the international insurance broking and risk management services firm, on the sale of its Asian subsidiary, Arthur J. Gallagher Asia Pte Limited to its Singapore based management.

24 April 2008


Cygnet completes £340 million transaction

LG’s healthcare team has advised Cygnet 2008 Limited on its acquisition of the entire issued share capital of Cygnet 2002 Limited for £340 million.

17 April 2008


LG advises on $50 million forest fundraising

The investment funds team at law firm LG has advised The Forest Fund Limited in relation to its establishment and pre-IPO fundraising of $50 million.

16 April 2008


Senior intellectual property statesman joins LG

LG is pleased to announce that Tibor Gold MBE has joined its expanding IP practice as a Consultant with effect from 1 April 2008.

7 April 2008


New partner joins LG's growing IP practice

LG is pleased to announce that Richard Marke has joined its Commerce & Technology practice as a partner from today, 10 March.

10 March 2008


Arthur J. Gallagher sells Gallagher Re's reinsurance broking business to Aon

LG has advised existing client Arthur J. Gallagher (UK) Limited ("Gallagher"), the international insurance broking and risk management services firm, on the sale of all of Gallagher Re's treaty and certain parts of its facultative broking business in the UK to Aon.

27 February 2008


New fund to invest in under-performing property companies floats on AIM

The investment funds team at business law firm LG has advised Terra Catalyst Fund on its admission to AIM. Terra Catalyst raised in excess of £116 million in a combination of cash and stock swaps.

25 February 2008


LG advises on groundbreaking tidal stream project

LG, the business law firm, has advised Marine Current Turbines Limited on its partnership with npower renewables to build one of the first ever tidal stream projects.

20 February 2008


LG is named Private Client Team of the Year

LG has been named Private Client Team of the Year 2008 at the prestigious Legal Business Awards, in recognition of its growing international 'billionaire' practice.

15 February 2008


Hardy moves from AIM to LSE Main Market

LG, the London based business law firm, has advised Hardy Oil and Gas Plc in connection with its move up from AIM to the Main Market of the London Stock Exchange.

15 February 2008


LG recruits 3 partner litigation team

LG is pleased to announce the appointment of three partners to its growing commercial litigation practice, following the recruitment of a senior team from Dorsey & Whitney MNP.

11 February 2008


LG advises USS on £80 million acquisition of Kingston shopping centre

LG, the business law firm, advised Universities Superannuation Scheme Limited ("USS") on their acquisition of a new shopping centre from LaSalle Investment Management Limited

08 February 2008


LG's new senior and managing partner roles take effect

Penny Francis and Hugh Maule are appointed as LG's next senior and managing partner, effective 1 February 2008.

1 February 2008


LG advises growing healthcare group on £600m refinancing

LG, the London-based business law firm, has advised new client Caring Homes Group in connection with its recent £600m refinancing with Bank of Scotland, principally comprising senior acquisition and refinancing facilities, pipeline development facilities, and blue sky acquisition and development facilities.

07 February 2008


LG grows international IP practice with double hire

LG is pleased to announce that Georgie Collins and Harry Karaolou have joined its Commerce & Technology practice, specialising in contentious and non-contentious intellectual property.

24 January 2008


LG advises LaSalle UK Ventures Fund on acquisition of Milton Keynes business park

LG, the London-based law firm, has advised LaSalle Investment Management on its acquisition of Caldecotte Lake Business Park, Milton Keynes for £32.5 million on behalf of its LaSalle UK Ventures Fund.

16 January 2008


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