Chambers & Partners 2008
Corporate Finance



London

Year-on-year improvement at this firm has seen it achieve a healthy position in the corporate arena. Keeping abreast of movements in AIM, Charles Russell LLP has benefited from the enormous number of listings in the energy section over recent years. M&A is also thriving, with cumulative deals pushing the £1 billion mark. In the past year the firm advised key client Canaccord on a number of high-profile transactions, as well as The Club Company on its £95 million sale. Clients recommend the firm for its down-to-earth approach, describing the team as "highly likeable and a real pleasure to work with ."

An acknowledged leader in the AIM field, Simon Gilbert is "commercially savvy and handles matters in a smooth and sensible way ." One client emphasised that Gilbert himself "should be personally credited" with the success it had experienced. Other key figures within the department are Alexander Keepin and Clive Hopewell.

Clients/Work Highlights: Abacus Group; Canaccord Adams; Hudson Group; Mwana Africa and Yamana Gold.

Simon Gilbert is ranked in tier 2 of 3 as a leading individual.

Guildford

With a growing presence in Guildford, this eight-strong corporate finance practice is enjoying continued success in the region. The team represents an impressive array of clients, and recent highlights include acting for South Western Investments and its shareholders on the sale of the Park Lane International Hotel, acting on the sale of the 2nd Byte group of companies to the Trader Media Group, and advising the shareholders of Domo on the sale of the company to Cobham.

Tim Jenkins draws praise from clients for a "cool, relaxed manner that inspires confidence.

Clients/Work Highlights: An enviable client roster also features British Car Auctions; BDO Stoy Hayward; Clydesdale Bank and NatWest. Clients recommend the team for its "consistently high level of work from all the members, at all stages of the transaction."

Cheltenham

This Cheltenham-based practice has a strong presence in the region, with the seven-strong team drawing praise for a "good, slightly old-school philosophy; it is extremely proficient and professional." The team has been involved across the spectrum of corporate disposals, acquisitions and flotations. It advised a range of hedge funds on the takeover of Global Oceanic Carriers; Trifast on the acquisition of a controlling stake in Techfast in Malaysia; and Lambert Iron Ore on its AIM admission. Clients were keen to attest that the firm genuinely provides "City service at regional rates."

In Francis Rundall, Charles Russell has an "excellent, in some ways unconventional, lawyer" who manages to unite both clients and peers in unanimous praise. They described him as a lawyer who commands "the highest regard, both as a person and as a legal pro." Clients valued the "charming, reasoned approach" that made him "a great negotiator." Richard Norton was variously described as "extremely knowledgeable," "very streetwise" and "commercially savvy." All of which were evident in his central role advising various hedge funds, including Trafalgar Asset Management on the Global Oceanic Carriers takeover.

Clients/Work Highlights: Clients include Zurich Group, Dunbar Bank and JP Morgan Cazenove.

Francis Rundall is ranked in tier 1 of 4 as a leading individual. (Up one tier from last year).
Richard Norton is ranked in tier 3 of 4 as a leading individual.


Oxford

Peter Elliott of Charles Russell LLP, heads up the firm's Thames Valley offering. "Hugely active," peers credited him as the driving force behind the firm's increasing prominence in the region. A key figure locally, sources commented that he "knows his way around the corporate jungle here." Amongst the highlights from a busy year include acting for the AIM-listed Celoxia Holdings in relation to a proposed share reorganisation.