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Top story
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BSF ruling has "set a precedent"
The six local authorities which won a High Court ruling against the government’s Building Schools for the Future (BSF) programme have "set a precedent" for other councils wishing to appeal against lost funding in the future. That’s according to the leader of Sandwell Council, who spoke to Insider after it was ruled the government had acted unlawfully by scrapping the £138m project so hastily.
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Deals
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Wright Hassall casts net over US deal
Leamington Spa-based law firm Wright Hassall has advised on a multimillion-euro deal involving two overseas fishing tackle manufacturers. The firm acted for Germany-based Zebco Sports Europe as it was acquired by US-headquartered Zebco Brands.
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Property
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2010 was boom year for sheds, says Birmingham adviser
Last year experienced a boom in the number of shed deals being completed, according to the Birmingham office of Cushman & Wakefield. In the Midlands, the commercial property company advised on warehouse transactions which totalled 8 million sq ft.
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Business
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MAS-WM event to host Bribery Act event
The West Midlands’ division of the Manufacturing Advisory Service (MAS) is warning manufacturers to be aware of how the Bribery Act will affect their business. MAS-WM will present a workshop this week aimed at preparing manufacturers about the legislation which will influence the way large and small businesses trade.
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Titan forcasts positive year-end
Titan Europe, which has a UK base in Kidderminster, has said it expects to report revenue of £355m ahead of its year-end results. The result would be £7m more than current market forecasts.
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Clearwater director returns to Midlands
Clearwater Corporate Finance said it is set to “expand its technology practice” as its Midlands director Dan Bowtell returns to the firm. Bowtell will work across Clearwater’s two Midlands offices in Birmingham and Nottingham.
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RGF will support public sector-heavy areas, says Alexander
Danny Alexander, the chief secretary to the Treasury, has dismissed speculation that the £1.4bn Regional Growth Fund will rule out bids from the south in favour of northern and Midlands-based applications. But in an exclusive interview with Insider, he did admit areas with a heavy public sector presence will be heavily supported.
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Corporate Finance Charity Event goes for relaxed feel
The Midlands Corporate Finance Charity Event is undergoing a change this year, with a more relaxed feel.
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New partner at Cartwright King
Law firm Cartwright King has promoted Mandip Kumar to partner as part of its expansion plans in the Midlands. Kumar takes on the role across the central offices in Birmingham, Derby, Leicester and Nottingham.
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Other News
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Cobbetts climbs Legal Week poll
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