Credentials

 

Corporate

  • British Sky Broadcasting Group plc on News Corporation's proposed £7.8 billion possible offer
  • Arriva on the recommended £1.585 billion takeover offer from Deutsche Bahn AG, the German state-owned transport and logistics group
  • Bharti Airtel on its $10.7 billion (£6.8 billion) acquisition of the African businesses of Kuwaiti telecoms group Zain
  • Credit Suisse, HSBC and J.P. Morgan Cazenove on Prudential's proposed US$21 billion rights issue in connection with the intended US$35.5 billion acquisition of AIG's Asian operations
  • Lazard, Citi, Deutsche Bank and Centerview Partners on Kraft's £11.9 billion recommended bid for Cadbury

Dispute resolution

  • BSkyB on its successful claim against EDS for deceit, negligent misrepresentation and breach of contract
  • Chevron on all aspects of civil and criminal proceedings arising out of the explosion at the Buncefield terminal. The claims have been brought by some 4,000 claimants for damages and in total they exceed £1 billion
  • Mabey & Johnson in connection with the SFO's landmark prosecution of the bridge manufacturer for corruption offences and sanctions violations
  • Qatari Diar in its dispute with CPC Group Limited in relation to a project to develop the former Chelsea Barracks site in West London
  • Stagecoach South Western Trains Limited in an arbitration brought under the RIDR Rules against the Secretary of State for Transport

Finance

  • Lazard and Co, Centreview Partners, Citigroup Global Markets and Deutsche Bank on three cash confirmations in relation to the hostile takeover of Cadbury by Kraft (£11.5 billion), including certain funds review of the £7.1 billion acquisition facility
  • Ernst & Young, as administrators of Nortel's EMEA entities as part of its global administration. Nortel is North America’s biggest maker of telecoms equipment and historically one of Canada’s largest companies
  • Perenco, one of Europe's leading independent oil and gas companies, on a US$2.8 billion reserve-based lending facility
  • Bharti Airtel on its US$10.7 billion acquisition of Zain's 15 African mobile networks
  • Severneftgazprom on the €1 billion project financing to develop one of Russia’s largest gas fields

Real estate

  • The Blackstone Group in relation to real estate aspects of its acquisition of Chiswick Park for £480 million
  • Norges Bank Investment Management on its acquisition of a 25% interest in The Crown Estate’s £1.8 billion Regent Street portfolio
  • Moorfield Group and Segro plc joint venture on its acquisition of the UK Logistics Fund (UKLF) industrial portfolio for £315 million from Legal & General, Hermes Real Estate and LaSalle Investment Management
  • The Francis Crick Institute (formerly UKCMRI), a consortium comprised of Cancer Research UK, UCL, the Medical Research Council and the Wellcome Trust, on its state-of-the-art biomedical research centre behind St. Pancras Station in North London
  • British Land on the development of 5 Broadgate, UBS's new 108,000 sqm headquarters building in the City of London. Planning permission was granted on 29 July 2011, following a much publicised campaign to secure the statutory listing of the Broadgate South buildings

Competition, regulation and trade

  • BSkyB on a range of competition and regulatory matters, including on the bid by News Corporation to buy BSkyB
  • EDF on the complex competition and regulatory aspects of its £12.5 billion recommended takeover of British Energy Group and on the disposal of a stake in British Energy Group to Centrica
  • JJB Sports on its leniency application to the OFT in relation to a suspected agreement or concerted practice to dampen competition in the sports retail market
  • Pilkington on the European Commission's investigation into alleged cartel conduct in the flat glass and car glass sectors and an appeal to the EU General Court, and on various related follow-on damages claims in the UK and Germany
  • London and Continental Railways on a variety of competition and regulatory issues relating to the operation and sale of the High Speed Rail Link used by Eurostar services

Employment, pensions and incentives

  • De La Rue on the introduction of new hybrid benefit structure and mortality risk sharing mechanisms
  • EDF on the employment, pensions and incentives aspects of its £12.5 billion takeover of British Energy
  • Ernst & Young as administrators of Nortel Networks UK Limited (in administration) on the employment and pensions issues arising from the administration of more than 30 subsidiaries in EMEA
  • UBS in the widely reported case against Vestra and certain former employees resulting in new law on the circumstances in which "springboard injunctions" can be obtained to protect employers in the face of mass resignations by employees
  • Yell on the incentives aspects of its £660 million refinancing involving 12 employee share plans in a number of jurisdictions worldwide

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