Shoosmiths transport team steams ahead with new partner appointment
National law firm Shoosmiths has expanded its transport and infrastructure team with the hire of partner, Martin Fleetwood. Martin has provided specialist legal advice to the transport sector for over...
View ArticleShoosmiths wins Law Firm of the Year at the M&A awards
National law firm Shoosmiths is celebrating after being named Law Firm of the Year at the prestigious M&A awards 2015. The annual awards, held at Victoria Park Plaza in London, recognise and...
View ArticleRestating facility agreements - will you still rank first?
In this legal update we explore the implications for first ranking lenders of restating original facility agreements. In the recent case of Black Ant Company Ltd (in administration) [2014], the High...
View ArticleShoosmiths advises Scrivens Opticians on acquisition of Owl Optical
National law firm Shoosmiths has advised Birmingham-based Scrivens Opticians and Hearing Care on the acquisition of Owl Optical for an undisclosed sum. The acquisition takes Scrivens to 178 branches...
View ArticleShoosmiths advises shareholders on the sale of Pervasive Limited
National law firm Shoosmiths has advised the shareholders of Pervasive Limited on its sale of the business to Capita plc, the largest business process outsourcing and professional services company in...
View ArticleModern slavery and supply chain reporting obligations
The new Modern Slavery Act (2015) will apply to all commercial organisations who carry on business or part of a business in the UK. Regulations under the Act expected to be implemented in October 2015...
View ArticleAsset purchases - the Chancellor shows a lack of goodwill
The Summer Budget on 8 July 2015 announced the removal of corporation tax relief for the costs of any goodwill and intangible assets on an asset purchase. Here we review the tax implications for buyers...
View ArticleShoosmiths advises Jacobson Group on £14million asset based finance deal
National law firm Shoosmiths has advised the management team of branded footwear supplier, Jacobson Group on a £14m funding package from Shawbrook Business Credit. Jacobson's, with a history of more...
View ArticleShoosmiths advises Octopus on 60m (USD) investment in Secret Escapes
National law firm Shoosmiths has advised Octopus Investments (Octopus) on a 60m (USD) co-investment with Google Ventures, in to luxury online travel brand, Secret Escapes. It is intended that this...
View ArticleShoosmiths advises MMC Ventures on investment in Bloom & Wild
National law firm Shoosmiths has advised venture capital firm, MMC Ventures, on their £2.5m investment in online floristry business, Bloom & Wild, in a Series A funding round. MMC - an...
View ArticleModern Slavery Act supply chain compliance: turnover threshold for businesses...
The UK government's commitment to anti-slavery and supply chain transparency was confirmed in a speech given by prime minister David Cameron in Singapore. The prime minister stated: 'From October, we...
View ArticleModern slavery and supply chains: steps to take now
The government's stated approach to transparency in the supply chain provisions is to strike a balance between improving transparency in the supply chain whilst ensuring that businesses take...
View ArticleNew Company Law, be prepared - introduction to PSC Registers
Under current proposals, January 2016 will see a change in company law with the aim of increasing accountability through transparency of corporate ownership, structure and control. The new law...
View ArticleShoosmiths advises shareholders on the sale of Permanent Health Company Limited
National law firm Shoosmiths has advised the shareholders of Permanent Health Company Limited on the sale of the entire issued share capital of the company to AXA. Shoosmiths' corporate partner Adam...
View ArticleCorporate reorganisations - Y are Google turning to the Alphabet?
Google has announced a significant reorganisation and the creation of a new holding company named Alphabet Inc. In this update, we consider the reasons why companies may choose to do this. Google has...
View ArticleProposal for new private fund limited partnership
In line with its objective of maintaining and enhancing the UK's competitiveness as a centre for fund domicile, the government has set out proposed changes to UK partnership law. Recognising that...
View ArticleShoosmiths advises Chase Templeton on the strategic acquisition of Atlas...
National law firm Shoosmiths has advised private medical insurance broker Chase Templeton, on the strategic acquisition of Atlas Consulting Group Limited adding £13.8m of annual premium income (API)...
View ArticleShoosmiths advises Thorntons on £112m Ferrero deal
National law firm Shoosmiths has advised Thorntons PLC (Thorntons) on the sale of the British Chocolatier to Italian confectioner Ferrero International S.A. (Ferrero), for £112m. Ferholding, a...
View ArticleLegal due diligence: top tips for a seller
Due diligence can be a daunting and burdensome process for a seller, particularly where tight timeframes are involved. Here are our top tips for a seller responding to legal due diligence enquiries, to...
View ArticleShoosmiths advises on £37m sale of Global Group to Impellam Group plc
National law firm Shoosmiths advised the sellers on the disposal of Global Group (UK) Ltd, a global healthcare business, to Impellam Group plc for an enterprise value of c.£37m. Justyn Randall,...
View Article