Archive for the ‘Uncategorized’ Category

Rosenblatt’s Managing Partner, Tania MacLeod, comments in The Lawyer Monthly regarding the Barclays SFO charges

22/06/2017
Rosenblatt's Managing Partner, Tania MacLeod, comments in The Lawyer Monthly regarding the Barclays SFO charges. Click here to read the full article.    

Rosenblatt’s Managing Partner, Tania MacLeod, comments in The Lawyer Monthly regarding the Barclays SFO charges.

Click here to read the full article.

 

 

Rosenblatt has acted for the Senior Management team of the Parts Alliance Group in connection with the sale of their shareholding in the Parts Alliance Group to Canadian publicly-listed, Uni-Select Inc.

22/06/2017
Rosenblatt has acted for the Senior Management team of the Parts Alliance Group in connection with the sale of their shareholding in the Parts Alliance Group to Canadian publicly-listed, Uni-Select I

Rosenblatt has acted for the Senior Management team of the Parts Alliance Group in connection with the sale of their shareholding in the Parts Alliance Group to Canadian publicly-listed, Uni-Select Inc.  The majority shareholder, private equity house HG Capital Trust Plc, and the minority shareholders have agreed to sell the entire share capital of the Parts Alliance Group to Uni-Select Inc. for a transaction value of £205million.

The Parts Alliance Group, through a series of 10 acquisitions since 2012, has grown to become a market-leader in the distribution of automative aftermarket parts in the UK.  It now forms part of an enlarged group of thirteen parts distributors (ten of which are owned by the Parts Alliance Group), with a combined group turnover of c.£450 million. The Group has a network of close to 200 locations including 161 corporate stores and supports over 23,000 customer accounts.

Uni-Select Inc. is a leader in the distribution of automotive refinish and industrial paint and related products in Canada and the USA, and in the automotive aftermarket parts business in Canada.   The acquisition will provide Uni-Select Inc. with a point of entry into the UK and European automotive parts aftermarkets.

Jon Lovitt and Sandra Rodriguez from Rosenblatt’s corporate team advised Management with support from Rosenblatt’s employment and tax groups.

Rosenblatt Solicitors signals ambitious growth strategy with multiple new hires

01/06/2017
London, 30 May 2017:  Rosenblatt Solicitors (“Rosenblatt”), the independent City law firm, today announces a series of key appointments to support an ambitious growth strategy, which was launche

London, 30 May 2017:  Rosenblatt Solicitors (“Rosenblatt”), the independent City law firm, today announces a series of key appointments to support an ambitious growth strategy, which was launched following the appointment of Nicola Foulston as CEO in September 2016. Rosenblatt has identified a number of sectors with significant growth potential and has attracted some of the best lawyers in the industry to build their capabilities across a range of practices.

Stuart Nash joins as Partner and Head of Construction from Edwin Coe where he practiced both UK and US contentious and non-contentious construction litigation, making him one of very few US/UK qualified construction lawyers in London. Stuart is recognised by the ‘Legal 500’ as one of the UK’s leading cross border construction lawyers and his appointment forms part of a planned expansion of Rosenblatt’s cross border construction capabilities, to open new revenue streams in this rapidly growing sector.

The Construction department is further strengthened with the appointment of Elizabeth Weeks from Winckworth Sherwood as Senior Associate. Elizabeth brings a proven track record in both contentious and non-contentious construction work.

Rosenblatt is also investing in its Dispute Resolution team, a sector identified as offering significant growth potential. Adrian Taylor joins from Locke Lord LLP, where he worked across both the London and Hong Kong offices as a key expert in international arbitration, litigation and alternative dispute resolution. He has specific experience in the construction industry-complementing the firm’s other key appointments – along with insolvency and business crime. Adrian is recognised by the ‘Legal 500’ as one of the leading global litigation solicitors.

Donna Goldsworthy joins as Litigation Partner from Irwin Mitchell, where she led the commercial litigation team. Donna, recognised in the ‘Legal 500’ for her ‘exceptional client service’, has particular expertise in F1 and Formula E sports, along with extensive experience across financial services and construction.

Noel Deans, a former practising barrister, bolsters Rosenblatt’s Employment practice as a Partner. Noel joins from Bivonas, and previously was Partner in two leading international law firms and was Head of Employment, Pensions and Incentives in the London office of K&L Gates LLP.

Paul Bagon joins as a senior Insolvency and Restructuring associate from Weil, Gotshal & Manges LLP. Prior to this, Paul worked at Ashurst for over five years.

In addition, John Aynsley has been promoted to Head of Real Estate, as part of the company’s planned growth strategy. John joined the firm in January 2014, having previously worked at Allen & Overy LLP and Speechly Bircham LLP.

Commenting on the appointments, Nicola Foulston, Chief Executive Officer, said:

“Following a planned strategic review, we have identified the sectors that offer the greatest opportunity for sustained revenue growth, and we are investing to grow our capabilities in these sectors. These appointments will strengthen our existing practice, and position us well to capitalise on these growth markets. We continue to invest in the best and brightest individuals to meet the dynamic and evolving needs of our clients.”

 

Rosenblatt acts on the sale of a division of Jackson Mechanical Services (UK) Ltd to Hire Station Limited

22/05/2017
  Rosenblatt acted for Jackson Mechanical Services (UK) Ltd in respect of the disposal of JMS Tool Hire, a division of Jackson Mechanical Services (UK) Ltd, to Hire Station Limited, which is

 

Rosenblatt acted for Jackson Mechanical Services (UK) Ltd in respect of the disposal of JMS Tool Hire, a division of Jackson Mechanical Services (UK) Ltd, to Hire Station Limited, which is part of VP plc.

JMS is a specialist UK-wide plant hire business, which was historically divided into two divisions: “JMS M&E Tool Hire” and “JMS Powered Access”. Following the disposal of the JMS M&E Tool Hire division, JMS plans to focus on its JMS Powered Access division.

MHA MacIntyre Hudson provided the strategic and accounting advice to JMS.

Rosenblatt is compiling a list of potential claimants for an action against Tesco plc

19/05/2017
Rosenblatt is compiling a list of potential claimants for an action against Tesco plc (“Tesco”) as a result of its market abuse between 2013-2015. During that time, executives at Tesco intentiona

Rosenblatt is compiling a list of potential claimants for an action against Tesco plc (“Tesco”) as a result of its market abuse between 2013-2015. During that time, executives at Tesco intentionally manipulated its trading profits and made misleading statements to the stock market that omitted material information, resulting in potential losses for investors who had relied on that information when making investment decisions.

Commenting on the potential group action, Tania MacLeod, Managing Partner, said:

“We believe the FCA compensation scheme does not extend far enough. What is beyond doubt is that, even on the findings of Tesco’s own investigation, the reporting of its financial information was overstated long before 29 August 2014 and thus there is a likelihood that investors bought stock at inflated prices going back to at least 2013. If you are a retail investor and bought and/or sold Tesco shares or bonds during this period, and are interested in being part of a group to bring a claim please complete our expression of interest form at: http://rosenblatt-law.co.uk/tesco-potential-client-form/

If you have any questions regarding the process, please email: infotescoteam@rosenblatt-law.co.uk

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