Rotterdam’s Port Invest takeover of Nature Group advised by Moore Blatch
Moore Blatch has advised Rotterdam based Port Invest B.V. on its recommended cash offer for all of the issued and to be issued share capital of Nature Group plc other than the shares already held by Port Invest.
Port Invest was founded in 1986 and provides maritime and oil logistic services to sea-going vessels, major oil companies, inland navigation, offshore industries and tank storage facilities.
Nature Group plc, which delisted from the AIM market last year, and its group of companies provide reception and treatment services for oily and polluted waste waters (slop disposal), the ownership and application of intellectual and proprietary rights related to such treatment, and the provision of reception and treatment plants for oily waste in onshore and offshore locations.
Given that the target had recently been listed on the AIM market, the offer was governed by The Takeover Code.
Corporate partner Manmohan Singh commented “We were delighted to assist Port Invest with its recommended offer. It was a demanding transaction delivered against a challenging timetable. We very much look forward to helping Port Invest integrate Nature Group. This transaction is a great example of the value that we can add to our clients by combining our diverse London-based expertise with our regional coverage in a seamless service.”
David Scott and James Dewhurst of Alexander David Securities Limited acted as financial advisers to Port Invest. Alexander David Securities Limited is a London-headquartered corporate adviser providing investment brokerage and corporate advisory services
Placing Encephalitis Treatment on the Clinical Radar
World Encephalitis Day is taking place this year on 22 February. Encephalitis is an inflammation of the brain that affects up to 6000 people in the UK every year.
Tim Spring, Chair of the Trustees at the Encephalitis Society and Head of Health Care and Clinical Negligence at Moore Blatch, urges greater awareness of the complexity and severity of encephalitis. He looks back on the progress made by the Encephalitis Society and calls upon medical professionals to place encephalitis firmly on the clinical radar by taking part in World Encephalitis Day.
Encephalitis is arguably one of the most complex, and least understood, medical conditions that healthcare professionals encounter. Today, on World Encephalitis Day 2019, we want to shine a light on the condition, and celebrate the hard work of the individuals and organisations working to support those living with its effects.
Bezos amicable divorce strategy could save in legal fees and protect their family relationships advises lawyers
Jeff and Mackenzie Bezos’ divorce, announced on Wednesday in a tweet, highlights the pragmatism of the world’s richest man.
With a net worth of over $136 billion dollars Jeff and Mackenzie Bezos could be facing the world’s largest lawyers’ divorce bills. Instead, in Jeff Bezos’ tweet he stated that he and his wife, Mackenzie, had come to a joint decision to divorce after 25 years of marriage. Importantly he made it clear that the couple intends to remain friends with wonderful futures ahead, as parents and partners in ventures.
The couple’s statement suggests that they intend to work together to resolve their divorce claims against each other. This is very reminiscent of the ‘conscious uncoupling’ of Gwyneth Paltrow and Chris Martin, the words chosen by Gwyneth in 2014 to describe their joint decision to divorce and has led to an amicable relationship moving forward.
Sahil Aggarwal, divorce lawyer, Moore Blatch, comments;
“Jeff and Mackenzie Bezos’ indicated approach to their divorce is especially relevant in the lead up to Family Mediation Week – 21st to 25th January. Mediation allows couples to discuss issues between themselves with the aid of an impartial mediator, helping to facilitate negotiations while still benefiting from legal advice alongside but without the conflict. It gives couples control to make decisions together in a more harmonious environment than traditional divorce proceedings. It can also save thousands of pounds in legal fees.
“It’s therefore easy to see from the couple’s statement and their intention to remain “partners in ventures” that they might choose mediation to settle their divorce. Such a high profile case could also pave the way for many other couples to choose mediation as a way of settling their divorce.”
Sarah French, mediator and divorce lawyer, Moore Blatch, adds:
“As a mediator I regularly see couples work together to reach a financial settlement and agree a parenting plan, if applicable, which makes the work very rewarding and saves the family lots of money in legal fees, which would otherwise be spent on costly and stressful litigation. The approach of Mr and Mrs Bezo would definitely lend itself to mediation, which requires a level of trust and a desire to resolve things in a constructive and conciliatory fashion for the benefit of themselves and their family”.
Moore Blatch advises Poole based Venture Engineering on acquisition of Fylde
Poole headquartered precision engineering specialist Venture Engineering Group has purchased Fylde CNC Specialists. Fylde is a component manufacturer for automotive brands as well as for the aerospace, medical, hydraulic and pneumatic sectors and is based in Preston, Lancashire.
Moore Blatch wins British Legal Award with ground-breaking legal process
Escalate, the ground-breaking dispute resolution process for SMEs, was awarded the hotly contested ‘Legal Services Innovation Award’ at the prestigious British Legal Awards last night – completing an unprecedented clean sweep of the major national legal awards during 2018.
Hosted by Legal Week, the glittering awards ceremony was attended by over 1,000 lawyers and serves as a showcase for the achievements of the legal sector.
This latest recognition means that Escalate has now won three major national legal awards this year. In addition to last night’s honour, Escalate has been recognised as ‘Best Collaboration Initiative’ at the Lawyer Awards and for ‘Excellence in Business Development’ at the Law Society Excellence Awards. Escalate was also named ‘Innovation of the Year’ at the British Accountancy Awards.
Escalate helps SMEs to achieve a prompt settlement to a wide range of commercial disputes, with fixed fees payable only on a successful outcome and no upfront costs.
Mark Osgood, Partner and Head of Asset Recovery, Moore Blatch said: “We were driven by a desire to create a service that would tackle the issues that SMEs encounter when they try to get access to justice – long lead times, high upfront costs, considerable uncertainty. We knew that the solution would need to be innovative and rely on collaboration between a number of professional services firms. The result was Escalate.
“We’re incredibly proud that our peers in the legal sector have recognised this once again, with Escalate being cited for innovation, collaboration and business development at the legal industry’s most prestigious award ceremonies this year. That’s a unique achievement, reflecting Escalate’s genuinely ground-breaking approach.
“This is reinforced by the demand that we’re seeing from clients for the Escalate process – we’re already helping businesses to recover more than £40 million that’s locked up in commercial disputes.
“Given the interest in Escalate, we’re looking to expand our network of partner firms and increase access to justice for more SMEs. If you’re interested in finding out how you and your clients could benefit from using Escalate, please get in touch.”
Moore Blatch calls for greater support for ophthalmology patients
National law firm Moore Blatch is calling for greater support for ophthalmology patients from across the Isle of Wight and the South East following a recognition by the Royal College of Ophthalmologists of the significant shortage of optometrist consultants in the UK.
Moore Blatch advises award winning jewellers, Allum & Sidaway
Leading law firm Moore Blatch LLP has advised Allum & Sidaway, an award-winning chain of jewellers, on their recent refinance to allow for refurbishment of their portfolio of stores.
Established in 1942, Allum & Sidaway is a family-run business with stores in Hampshire, Dorset, Kent and Wiltshire.
Commenting on the deal, Richard Hughes said: “This important transaction will help further an already successful and highly regarded business. Allum & Sidaway are a long-standing client of ours and we have been delighted to assist them as their business has continued to thrive.”
Drug and alcohol tests: what employers need to know
Barratt Developments recently announced it would introduce randomised drug and alcohol testing for staff to combat increased risks on building sites. But introducing such a policy is not without its challenges, as Katherine Maxwell from Moore Blatch explains.
Top rankings for Moore Blatch in Chambers and Legal 500
Legal 500 and Chambers, the Who’s Who of the legal profession, have ranked Moore Blatch amongst their top tiers and bands respectively, with Legal 500 praising them as “one of the best firms in the region.”