Archive for July, 2016

Supreme Court turns down appeals from Jet2 and Thomson, opening up billions in flight compensation

The Supreme Court has turned down appeal applications from Jet2 and Thomson in two landmark flight delay cases worth billions of pounds to consumers. The Court of Appeal judgments in Huzar V Jet2 and Dawson V Thomson, both handed down in July 2014, now stand as good law. The Huzar ruling says airlines must pay flight compensation for qualifying delays caused by technical problems as these are not considered an ...

31 Oct 11:50 AM 0 Read More...

Legal jobs on the rise as employers battle to hire the best

Figures recorded at both yearly and quarterly intervals suggest renewed growth in the legal jobs market, according to fresh research from Robert Walters. The recruiter’s UK Job Index shows that, for the year to date, the total number of advertised legal vacancies increased by 23% from 2013-14. The Index works by tracking changes to the volume of jobs added to leading online boards and websites. At 27%, Lo...

30 Oct 11:40 AM 0 Read More...

Olswang advises Graphite Capital on sale of The Third Space

International law firm Olswang has advised leading private equity institution, Graphite Capital on the sale of The Third Space, one of London’s premier health and fitness club chains, to Encore Capital, which also owns the Reebok Sports Club, situated in Canary Wharf. Olswang is a long-standing adviser to Graphite and worked on the management buy-out of The Third Space in 2007. Originally based in Soho, the high...

30 Oct 11:14 AM 0 Read More...

Appleby advised on MITSUI’S US$21 million Acquisition of TSIT WING

Hong Kong – 29 October 2014 – Leading offshore law firm Appleby acted as Bermuda counsel for Tsit Wing International Holdings Limited (Tsit Wing) in relation to the recent HK$160 million (US$21 million) investment in Tsit Wing by Mitsui & Co (Mitsui). Mitsui acquired certain existing shares from Hero Valour (a company wholly-owned by Mr. Peter Wong), and subscribed for new shares, making Mitsui the second largest...

30 Oct 11:13 AM 0 Read More...

McGuireWoods Advises St. Martins Property Limited in Sale of Highly Coveted London Real Estate

LONDON – McGuireWoods lawyers in London advised St. Martins Property Limited in negotiating the £43.9 million sale of highly coveted property in the heart of one of London’s most famous residential, entertainment and business districts. HB St. Martins Pte. Ltd. (HBSM), a wholly owned subsidiary of Ho Bee Land Limited, has agreed to acquire the property in a transaction agreed on Oct. 24. It is the second time...

30 Oct 11:07 AM 0 Read More...