On Friday 17 December Ganfeng Lithium announced that its recommended takeover offer for Bacanora Lithium PLC had become effective, which valued Bacanora at approximately £260 million. The Takeover Code Rules changed in July 2021 and this is the first takeover offer made under the new regime to be successful. Bacanora, whose shares are traded on AIM, is a lithium development [...]
On 14 December 2021, Stagecoach and National Express announced that they had agreed a £1.9bn merger, but behind the scenes of this mega transaction, Stagecoach had agreed to divest part of its businesses and shares in Scottish Citylink Coaches Limited to companies within the ComfortDelGro group in order to address any potential competition issues. Teacher Stern advised Scottish Citylink Coaches [...]
Teacher Stern is proud to have secured top rankings in the Legal 500 2021, an independent directory that ranks the UK’s top law firms. Our Corporate & Commercial team have retained their Tier 2 ranking for London law firm - M&A deals for under £50m and our lawyers continue to be recognised as experts within their fields. Martine Nathan, Partner, Corporate [...]
Teacher Stern LLP are pleased to announce that they have successfully negotiated a settlement with Barclays Bank on behalf of 37 clients who took out Shared Appreciation Mortgages in the late 1990s. While the details of the settlement are confidential Teacher Stern LLP are proud to have concluded settlement on behalf of their clients who had suffered years of uncertainty [...]
The current environment is challenging for us all and we wanted to let you know how we are addressing matters as circumstances are evolving. Like many businesses, our paramount concern is the health and well being of our staff whilst at the same time, being very mindful of the need to protect our clients against unnecessary exposure to the Coronavirus [...]
The coronavirus outbreak has raised multiple employment law questions regarding the health & safety of employees in the workplace, flexible working arrangements, managing absences and handling the outbreak in a way that does not give rise to discrimination issues. We have set out below some steps that employers should consider taking in relation to protecting their staff and visitors from [...]
The Coronavirus outbreak which started in Wuhan, China is likely to worsen, not just in China but throughout the world although importantly from a private party contractual perspective it has not yet been declared a pandemic by the World Health Organisation. Contractual provisions in relation to a pandemic are often expressly referred to in force majeure clauses in contracts and [...]
Teacher Stern have assisted Corona Corporate Solutions with its recent acquisition of the Business by Technology Group. BBT have been supplying hardware and document base software solutions nationwide from their offices in Coventry, Manchester and East Anglia for over 20 years, adding to Corona’s current presence and offering in East Anglia. Teacher Stern have advised Corona on its acquisition programme [...]
The UK Jurisdiction Taskforce (“UKJT”) is one of six taskforces that make up the LawTech Delivery Panel established by the UK government, the judiciary and the Law Society of England and Wales as a collaborative discussion forum to promote the use of technology in the UK’s legal sector. In May 2019 the UKJT issued a public consultation seeking to identify [...]
A recent judgment handed down by the Technology & Construction Court in Freeborn & Goldie v Dan Marcal Architects [2019] EWHC 454 (TCC) is significant in a number of respects, namely the importance for architects and other construction professionals to keep accurate chronological records of their work and the losses which can flow from negligence claims. Facts The case concerned [...]
