Corporate
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 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
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 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
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
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
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
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 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 advises waste recycling company on investment
LG, the London-based business law firm, acted for Greenview Composting Limited on the investment in the company by NIBC Infrastructure Partners for and on behalf of NIBC European Infrastructure Fund I C.V.
19 December 2007
LG funds boom continues with $404m trio of deals for brokers
The Funds team at LG, the London-based business law firm has advised three brokers – Fairfax I.S. PLC, Cenkos Securities and Landsbanki Securities – in connection with three separate fundraisings with a total value of approximately $404m.
30 November 2007
Pacific Alliance fund raises $400m
The investment funds team at LG, the London-based law firm, has advised Pacific Alliance China Land Limited, a newly incorporated Cayman company established to invest in existing properties and new property developments in China.
22 November 2007
LG advises new client Strand Partners on two international AIM deals
LG, the London-based business law firm, has advised new client Strand Partners Limited – the specialised corporate finance advisory and investment firm – in connection with two recent international AIM deals.
16 November 2007
LG advises Patni Computer Systems on $200m partnership with The Carphone Warehouse
LG, the London-based business law firm, has advised Patni Computer Systems – a leading Indian IT services provider – on a $200 million deal with UK FTSE mobile phone provider, The Carphone Warehouse.
15 November 2007
LG cements Gulf and Asia presence with new Dubai office
LG, the London-based business law firm, is pleased to announce the opening of its Dubai office. The new office will serve as a base from which LG will continue servicing its clients across the Gulf region and beyond, including those in India and South-East Asia.
12 November 2007
LG advises Arbuthnot Securities on £190m AIM deal trio
LG, the London-based business law firm, has advised Arbuthnot Securities – a leading investment bank for growth companies – in connection with a series of recent AIM deals with an aggregate value of approximately £190m.
21 September 2007
LG advises on largest Euronext Amsterdam Listing by an AIM Company
LG, the business law firm, is advising AIM company, Accsys Technologies PLC, on its secondary Listing on Euronext Amsterdam by NYSE Euronext and further Offering of ordinary shares in The Netherlands and elsewhere in Europe.
06 September 2007
LG advises on float of Ukrainian real estate fund
LG’s Investment Funds team advised Aisi Realty Public Limited on its placing and admission to AIM that raised $33.1m which together with existing pre-IPO investment gives the Company a market capitalisation of $109.7m.
09 August 2007
£95m private equity purchase is child's play for LG
LG, the business law firm, has advised Swordfish Investments LLP on its £95 million acquisition, together with Dawnay, Day Principal Investments, of Asquith Day Nurseries Limited from private equity firm Lyceum Capital Ltd.
01 August 2007
LG advises leading Indian IT company on European acquisition
LG, the London-based business law firm, has advised Patni Computer Systems – a leading Indian IT services provider – on its acquisition of Europe-based Logan Orviss International.
31 July 2007
LG advises Vietnam infrastructure fund raising $400m
LG’s Investment Funds team has advised Vietnam Infrastructure Fund – a newly incorporated Cayman company established to invest in a diversified portfolio of infrastructure and infrastructure related assets – on one of the largest fund raisings on AIM this year.
24 July 2007
LG advises newly launched African fund raising $125m
LG’s Investment Funds team has advised Africa Opportunity Fund Limited – a newly incorporated Cayman company established to invest in value, arbitrage and special situations opportunities derived from the continent of Africa – on its $125 million fundraising.
24 July 2007
LG helps investors Aim for Bollywood
The Indian Film Company Limited – a new film fund backed by Indian media mogul Raghav Bahl – has floated on AIM, raising £55m. The Company intends to make investments in both Indian films and in films primarily targeting the Indian audience.
02 July 2007
First use of moral hazard powers by Pensions Regulator
Companies looking toward M&A must move pensions issues up agenda, lawyers warn
18 June 2007
LG advises Canadian-listed company on cross-border takeover
LG's corporate team is advising Canadian company PhotoChannel Networks Inc. - a digital photography technology company listed on Canada's TSX Venture Exchange on its takeover of digital photography provider, Pixology Plc
06 June 2007
LG advises on AIM secondary issues raising $780 million
LG’s investment funds team have advised two existing AIM quoted client funds, Vinaland Limited and ARC Capital Holdings Limited on significant secondary issues raising over $780 million.
25 May 2007
LG advises on £1.1bn acquisition of 47 Marriott Hotels
LG has advised a private equity syndicate led by property entrepreneur Igal Ahouvi of the Blenheim Property Group Limited on its £1.1bn acquisition of 47 Marriott Hotels from The Royal Bank of Scotland. The private equity syndicate includes Quinlan, Delek, Electra, FIBI and various other Israeli investors.
27 April 2007
LG advises on sale of domiciliary care provider
LG advised Careforce Group plc, the domiciliary care service provider, in connection with the recommended offer made by Mears Group plc for the entire issued share capital of the company.
23 April 2007
LG advises on leading accountancy firm merger
LG has acted for MRI Moores Rowland LLP and its associated company, Chiltern Corporate Finance Limited, in the merger of their businesses with Mazars LLP.
18 April 2007
Real estate group raises £50 million on AIM
LG advised Dawnay Day Corporate Finance Limited as Nominated Adviser and KBC Peel Hunt Ltd as Broker on the placing and admission to AIM of Inland plc raising £50 million.
04 April 2007
LG advises on first ever takeover offer by Chinese company for UK listed company
LG is advising Xiamen Zijin Tongguan Invsetment Development Co Ltd, a consortium of three leading Chinese companies, on its recommended cash takeover offer of Monterrico Metals plc for £94 million.
23 March 2007
International real estate developer nets £21.8m investment from Lehman Brothers
LG has advised new client Nanette Real Estate Group N.V. – the AIM-listed international residential property developer - on the placing of shares with Lehman Brothers Real Estate Partners Group raising £21.8 million. The proceeds from the share subscription will be used for Nanette's business expansion.
19 March 2007
Christie's makes first move into the primary art market
LG has acted for the shareholders of art dealers Haunch of Venison Partners Limited in the sale of the company to Christie's, the international auction house.
28 February 2007
Entertainment Rights Plc builds its International cast of characters with Us$305 million acquisition of Classic Media
LG, the London-based business law firm, has advised Entertainment Rights plc on its US$305 million acquisition of Classic Media Holdings, Inc., the US-based owner of an extensive portfolio of children's and family characters and brands (including ‘Lassie’ and ‘The Lone Ranger’), as well as on Entertainment Rights’ £71m Placing and Open Offer and new £138 million loan facilities with Bank of Scotland.
11 January 2007
LG advises on launch of eco-friendly car service
LG has advised executive car service ecoigo (pronounced eco-i-go) on the launch of their environmentally-conscious executive car service in London.
04 January 2007
LG advises on launch of £20 million Venture Capital Trust
LG has advised venture capital investor Close Ventures on the offer by Close Enterprise VCT Plc of up to £20 million shares.
21 December 2006
LG advises on launch of dedicated precious metals fund on AIM
LG has advised Golden Prospect Precious Metals Limited, a new Guernsey registered closed-ended investment company, on it's placing of shares and warrants and its admission to AIM.
19 December 2006
X-Factor voting system calls on LG
LG, the London-based business law firm, acted for Harvest Media Group Limited on the investment in the company by discretionary funds managed by FF&P Private Equity Limited, the private equity division of Fleming Family & Partners.
15 December 2006
LG advises on string of healthcare acquisitions
LG has acted for AIM listed Healthcare Locums Plc on its acquisition of the entire issued share capital of Blue Group International Holdings Limited - one of the leading qualified social work agencies in the UK - for a value of £14 million.
8 December 2006
LG Aims for £1 billion fund launches in 2006
Over the last 12 months, the Investment Funds team at LG – the London-based business law firm - has advised on 13 flotations and secondary issues for AIM quoted investment funds which have raised approximately £980 million.
24 November 2006
LG advises on £69.5 million AIM float
LG, the London-based business law firm, advised Arbuthnot Securities, nominated adviser and broker on the placing and admission to AIM of Matchtech Group plc. Shares commence trading today, Friday 27 August, with a £69.5 million market capitalisation upon admission.
27 October 2006
Groundbreaking structure devised for fifth Indian company to list on AIM- LG Indian market focus pays off
London-based business law firm LG is advising KSK Power Venture Plc, an Indian group developing private power projects across India, on its admission to AIM. Admission and the commencement of trading in KSK's shares is scheduled for 1 November 2006, giving KSK a market capitalization of approximately $260 million.
26 October 2006
LG advises USS on £267M sale of Gyle Shopping Centre
LG, the London-based business law firm, has advised Universities Superannuation Scheme Ltd on the sale of Gyle Shopping Centre, Edinburgh for £267 million to Belfast based property company William Ewart Properties Ltd.
23 October 2006
LG helps leading Chinese mining company forge long term relationship with AIM Listed Ridge Mining
LG, advised new client Zijin Mining Group Company Ltd on the £8.2 million subscription by a subsidiary of Zijin for 16 million new ordinary shares (approximately 20% of the share capital) of Ridge Mining plc and warrants to subscribe for up to 10 million new ordinary shares.
16 October 2006
LG advises Japanese real estate fund on £100M AIM float
LG, the London-based law firm advised Japan Residential Investment Company Limited – a newly incorporated Guernsey company established to invest in Japanese residential property assets - on its £100m admission to AIM. Trading in JRIC's shares commences today, 13 October 2006.
16 October 2006
LG advises on £107.5M sale of Chez Gerard Restaurant Group
LG, the London-based law firm, has advised investment boutique Dawnay Day, North Atlantic Value LLP and management on the sale of Craftbutton Limited to PPM Capital for £107.5 million.
13 October 2006
Big catch for real estate investment company
LG, the London-based business law firm advised Dolphin Capital Investors Limited on a placing that raised £202 million, thereby creating the second largest AIM quoted real estate investment company.
6 October 2006
LG advises Asian investment company on $275m Aim listing
LG, the London-based business law firm has advised Pacific Alliance Asia Opportunity Fund Limited on its admission to AIM. Trading in Pacific Alliance's shares will commence on 21 September 2006, giving Pacific Alliance an initial market capitalisation of $275 million.
20 September 2006
LG guides new Superconductor Technology onto Aim
LG, the London-based law firm, is advising Zenergy Power plc, the specialist manufacturer and developer of commercial applications for superconductive materials, on its admission to trading on AIM. Shares commence trading today, Tuesday 22 August, with a £30m market capitalisation upon admission.
22 August 2006
LG helps Regent Inns add 'third arm' to leisure portfolio
LG, the London-based law firm, has advised Regent Inns plc on its £26m purchase of the 'Old Orleans' chain of restaurant/bar outlets from Punch Taverns, Britain's largest pub group.
22 August 2006
Clipper enters strategic alliance with BP for major US wind energy development
LG, the London-based business law firm, has advised Clipper Windpower on its strategic alliance with BP Alternative Energy for a long-term turbine supply agreement and the joint development of five of Clipper’s wind energy projects in the USA.
25 July 2006
LG advises Wilmington Group on £165m merger with Metal Bulletin
LG, the London-based business law firm, has advised long-standing client, Wilmington Group plc, the business information and training group, on its proposed recommended merger with Metal Bulletin, the international business information group. The combined market capitalisation of the merged group – to be known as Bulletin Group – will be approximately £330 million.
24 July 2006
LG and onside law advise Hero Investments LLP on the establishment of The Hero Football Fund
Unique investment vehicle to capitalise on lucrative transfers of football players
LG, the London-based business law firm, and Onside Law LLP, the sports law boutique firm, have advised a new client, Hero Investments LLP, on the establishment and structuring of the Hero Football Fund and a subsequent private fundraising.
18 July 2006
LG advises Cofra on sale of UK specialist mortgage lending operation
London-based business law firm LG has advised COFRA Holding AG - the Swiss company which holds interests including retail, real estate, private equity investments and financial services - on the disposal of its UK specialist mortgage lending operation, London Mortgage Company, to Lehman Brothers for an undisclosed amount. The deal followed from a wide-ranging international auction process, and the transaction completed on Tuesday, 2 May 2006.
3 July 2006
£102m AIM listing for European real estate developer
LG advises KBC Peel Hunt on Placing and Admission of Nanette Real Estate Group N.V.
27 June 2006
LG advises on dual listing for Canadian Energy Company
Lawrence Graham LLP, the London-based business law firm, has advised brokers Jefferies International Limited and Mirabaud Securities Limited, together with Nabarro Wells & Co. Limited as Nominated Adviser to Ithaca Energy, Inc. in connection with Ithaca Energy's £28.3m fundraising and dual listing on AIM and the TSX Venture Exchange in Canada. Market capitalisation is approximately £60.7 million.
27 June 2006
LG helps premier Asian fund management group raise $280M through AIM
LG, the London-based business law firm, has advised new client ARC Capital Holdings Limited on it's admission to AIM. Trading in ARC's shares commenced today, 26 June 2006, giving ARC an initial market capitalisation at the issue price of $120 million.
26 June 2006
LG advises NIIT Technologies on acquisition of leading insurance solutions provider
London-based law firm LG has advised NIIT Technologies Limited, the global IT solutions company, on its US$25M acquisition of ROOM Solutions Limited, a UK-based supplier of IT solutions to the insurance market.
31 May 2006
£82M management buy out of Discovery Group
Lawrence Graham LLP has advised the share holding management team of Discovery Group Limited on the recent exit from Discovery by its former lead investor, August Equity, and the simultaneous acquisition of Discovery for £82 million by members of the management team and Exponent Private Equity, acting through a new corporate vehicle.
10 April 2006
Demand for Vietnamese real estate fuels $204.8M AIM float for VinaLand Limited
LG, the London-based business law firm, has advised new client VinaLand Limited on its admission to AIM. Trading in VinaLand's shares commenced yesterday, 22 March 2006, giving the company an initial market capitalization at the issue price of approximately $204.8 million.
23 March 2006
LG helps Grasshopper Investments achieve strategy through reverse takeover
LG advised AIM-listed Grasshopper Investments plc on its reverse takeover of GoIndustry AG, a global leader in auctions and valuations of used industrial machinery and equipment, and the enlarged Group's subsequent re-Admission to AIM.
2 February 2006
Marine Current Turbines gets cash injection for groundbreaking renewable energy project
LG has advised Marine Current Turbines Ltd on the recent investment into MCT by EDF Energy, one of the UK’s major utility companies and the UK subsidiary of Electricité de France, to fund the groundbreaking SeaGen project.
1 January 2006
Merrill Lynch launches £75 million investment trust to invest in mining and energy sector
LG has advised newly incorporated investment trust Merrill Lynch Commodities Income Investment Trust plc on its Placing and Offer for Subscription which raised £75 million. Trading in the Company's shares commenced on the Official List today,
13 December 2005
LG advises on £382 million Hilton hotel purchase
LG has advised investors Blenheim Property Group Limited – headed by entrepreneur Igal Ahouvi – on the finance side of the £382million sale and management-back of 15 hotels from the Hilton Group to The Managed Hotels Unit Trust, a Jersey-based unit trust set up by Blenheim Property. Royal Bank of Scotland provided financing for the deal.
5 December 2005
LG helps growth companies raise £1 billion through Aim
LG is advising Wogen Plc, a London-based independent, international metal trading business whose activities are focused on specialty metals and minerals, on its placing and admission to AIM. The placing comprises 16,393,443 shares which are being sold by existing shareholders at price of 122p per share to raise £20 million, giving the Company an initial market capitalisation of £54.8 million. Trading in Wogen's shares begins today.
31 October 2005
LG advises on £180 million waste facility
LG has advised Grundon Waste Management – half of joint venture Lakeside Energy from Waste Ltd and the UK's largest privately owned waste management company – on its £180 million project to develop an energy from waste facility at Colnbrook, near Slough, which has successfully reached financial close.
20 October 2005
Clipper sails onto FTSE Aim 50
US company rolls out new windpower technology through £180 million flotation
The Clipper Group is being advised by London-based corporate law firm LG on its placing and admission to AIM. Unconditional trading in Clipper's shares began today, 15 September 2005, and it has an initial market capitalisation of £180 million taking it straight into the new FTSE AIM 50 index.
14 September 2005
LG advises Ruffer on £75m C share issue
LG has advised Ruffer Investment Company Limited on its proposed £75 million fundraising, by way of a placing and offer for subscription by UBS of up to 75 million C shares at 100p per share. Trading in the C shares is expected to commence on 29 September 2005.
9 September 2005
LG advises Knightsbridge Petroleum (UK) Limited on Us$460m sale of Latin American Oil Assets
LG has advised Knightsbridge Petroleum (UK) Limited, the independent oil and gas company, on the US$460m sale of its Venezuelan and Colombian oil production and exploration assets to French-listed oil company, Etablissements Maurel & Prom. The existing management team of Knightsbridge will continue to provide management and support services to the various entities that have been sold.
11 August 2005
LG helps Jiangxi Copper Raise Hk$880m
China's largest producer of copper places 231 million new H shares.
LG, the London-based law firm, has advised Jiangxi Copper Co Ltd - China's largest producer of copper - in connection with its sale of HK$880m (approximately £65m) worth of shares to investors.
10 August 2005
LG advises on launch of access fund
LG has advised Access Fund on its launch together with its two feeder funds - Access Feeder Unit Trust, established in Jersey, and Access Exempt Unit Trust, an English exempt unauthorised unit trust. The Access Fund is jointly sponsored by Knight Frank Corporate Finance and Antler Group.
6 May 2005
LG helps Satyam enter Europe with Citisoft acquisition
LG is advising international global IT solutions provider Satyam Computer Services Limited on its acquisition of Citisoft plc, a UK business and systems consulting firm focused on the investment management industry. Consideration for Citisoft comprises a guaranteed payment of $23.2m payable over a 3-year period and an additional performance based payment of up to $15.5m, to be paid over a 3-year period.
27 April 2005
Landore Resources follows growing industry trend with Aim float
Canadian minerals company turns to LG for UK listing
LG has advised Landore Resources Limited, a company involved in mineral exploration and development in Eastern Canada and the US, on its AIM flotation and simultaneous placing.
8 April 2005
LG advises Redevco on £325m securitisation
LG has advised Redevco UK on the £325 million securitisation of the majority of its UK real estate portfolio. As a result of this transaction, Redevco Original Commercial Securitisation PLC, a ring fenced special purpose company, has issued £325 million of bonds.
7 April 2005
LG floats Australian mining company on Aim
LG has advised Australian company Gladstone Pacific Nickel Limited on its AIM listing raising £11 million, giving the Company a market capitalisation of £36 million. Admission is today, 17 March 2005.
17 March 2005
Development Securities acquires site for regeneration
LG LLP has advised Development Securities PLC in relation to its acquisition of the freehold of a 3.20 acre site in Huyton in Merseyside for £5m.
16 February 2005
Debenhams Retail plc acquires new stores from Allders' administrators
LG advised Debenhams Retail plc on its acquisition of eight Allders stores from Kroll, Allders’ administrators.
14 February 2005
New research on Aim confirms 61.3 per cent market growth in 2004
As AIM celebrates its 1000th company and prepares to celebrate its 10th anniversary, Lawrence Graham's AIM team launches new research into the active market's performance, while itself celebrating yet another successful year as leading AIM advisers.
25 January 2005
LG advises on global air cargo merger
London-based law firm LG has advised new client Cargolux Airlines International S.A. in connection with its joint venture with SITA INC to create the world's market leading company in air cargo IT automation.
20 January 2005
LG and Herbert Smith advise Multiplex and Hammerson on Joint Venture Arrangements
LG and Herbert Smith have acted for their respective clients, Multiplex Limited and Hammerson UK Properties plc, on the joint venture arrangements surrounding the £18.6 million sale by Pillar to Multiplex of their 50% interest in Cricklewood Regeneration Limited.
17 January 2005