News 2011
December – Peachey & Co LLP acted for Cuadrilla Resources with regard to its acquisition of a significant equity participation in a Hungarian O&G project, including successfully fracking a well. Further equity interests will be acquired following further seismic work and the drilling of a further exploratory well during 2012.
December – Peachey & Co LLP acted for Cronos Containers Limited with regard to the securitisation of its parent company's (Cronos Limited's) corporate credit facility.
November – Peachey & Co LLP acted for INTL FCSTONE (NASDAQ: INTL) in its acquisition of the MF Global Metals business of MF Global UK Limited (in special administration), the first time that the new special administration regime introduced by the Investment Bank Special Administration Rules 2011 has been used. Read More
November – Peachey & Co LLP acted for Forensic Telecommunications Services (FTS) in its successful claim for misuse of IP against the West Yorkshire Police Force (WYP). FTS was granted an injunction against WYP, the usual inquiry as to damages and costs. Leave to appeal was refused. Read More
October – With effect from 1 January 2012 Hubert Ashton has been appointed President of the JCA International, the network of pan-European law firms. At its plenary meeting in Stockholm in October 2011 the network delegates (representing firms from over 20 countries and over 250 lawyers) confirmed the appointment for an initial 4 year term.
October – Peachey & Co LLP are pleased to announce that Rory Wilson has joined us as a trainee. Rory graduated from Bristol University in 2009 with a 2:1 in Physics (BSc) before converting to law at BPP in 2010. His science background should be particularly useful for our technology clients.
September – Peachey & Co LLP are pleased to announce that Oliver Jenkinson completed his traineeship with us on 3 September 2011 and has now qualified as a solicitor. Oliver graduated from Edinburgh University in 2007 with a 2:1 and completed his Legal Practice Course with an average of 72%. He joins our expanding corporate team.
August – [UPDATE] In April Peachey & Co LLP acted for INTL FCSTONE (NASDAQ: INTL) in its conditional acquisition of LME broker/dealer Ambrian Commodities Limited (a subsidiary of Ambrian Capital plc) for approximately £10.3m. The acquisition has now been completed following approval from the FSA. Read more
July – Peachey & Co LLP are saddened by the death of Stanley J Seeger. Mr Seeger was an inspiration to those he came in contact with and it was our privilege to have worked for him for over 35 years.
July – Peachey & Co LLP acted for Menzies Distribution (part of the John Menzies plc group) in its acquisition of Media on the Move, a specialist marketing and media distribution services business, from Journey Group plc. Read more
April – Peachey & Co LLP acted for INTL FCSTONE (NASDAQ: INTL) in its conditional acquisition of LME broker/dealer Ambrian Commodities Limited (a subsidiary of Ambrian Capital plc) for approximately £10.3m. Read more
April – Peachey & Co LLP acted for LR Shipping, the buyers of mt “Eternal Pride” tbr “Maritina”, a 75,000 DWT chemical tanker financed by Swedbank and reflagged Marshall Islands.
February – Peachey & Co LLP acted for Valhalla Oil and Gas Limited with regard to its disposal of its 50% interest in Petroleum Exploration and Development Licences 180 and 181 to the AIM quoted Egdon Resources PLC. This PEDL is located in the East Midlands Petroleum Province in Lincolnshire.
January – Peachey & Co LLP acted for clients of Marinvest in the acquisition, financing (by Nordea Bank AS), reflagging (Hong Kong to Marshall Islands) and chartering (to Waterfront Shipping Company – part of the Methanex group) of mt “Vega Spirit” tbr “Marit” with simultaneous closing meetings in Tokyo, Hong Kong, Yarimca, Turkey (at the vessel), Gothenburg and London.
