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 advises new client Numisma Fund on €250 million refinancing facility

LG has advised new client Numisma Fund, advised by McCafferty Asset Management, on a €250 million refinancing facility of Anglo Irish by Hypo Real Estate Bank International AG. The financing includes a €80 million loan secured on German real estate and a CHF36 million loan on Swiss real estate from Hyporeal Germany.

16 October 2006

Proposed new tax threatens green and community

Government plans to introduce a new property development tax - to be called Planning Gain Supplement - are both unworkable and likely to have serious unforeseen consequences, according to LG, a leading corporate and property law firm.

27 February 2006

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

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