<p>Filter Knowledge</p>

Travers Smith LLP represents Kaupthing ehf. and Jóhannes Rúnar Jóhannsson (a member of Kaupthing’s former Winding-up Committee) in a claim brought in the Commercial Court in August 2015 by Robert Tchenguiz and a related party against Kaupthing, Mr Jóhannsson, Grant Thornton UK LLP and two partners of Grant Thornton UK LLP, Stephen Akers and Hossein Hamedani.

Travers Smith has advised new client Paymentsense, the leading card processing services provider, on its £110m refinancing and equity capital restructuring with debt finance provided by CVC Credit Partners and EQT Mid-Market Credit Fund. Paymentsense provides card processing services to more than 50,000 small and medium-sized businesses and has processed in excess of £5bn transactions in the last year.

Travers Smith LLP has advised longstanding client Equistone Partners Europe ("Equistone") on its investment in the T.O.M. Vehicle Rental Group ("T.O.M."). Equistone has acquired a majority stake in T.O.M. investing alongside management and the founder owners and the investment is Equistone's seventeenth from its fifth fund, Equistone Partners Europe Fund V.

Travers Smith LLP has advised longstanding client Bridgepoint Development Capital ("BDC") and management on the sale of Phlexglobal to Vitruvian Partners ("Vitruvian").

Travers Smith LLP has announced today the promotion of dispute resolution lawyer Sam Cottman to Senior Counsel with effect from 1 January 2017.

Travers Smith LLP has acted for Ancala Midstream Acquisitions Limited (“Ancala”), which has entered into an agreement with Apache Beryl I Limited (“Apache”) to acquire Apache’s 30.28 per cent interest in the Scottish Area Gas Evacuation system (“SAGE”) and its 60.56 per cent interest in the Beryl pipeline – both of which are located in the North Sea.

Travers Smith LLP is delighted to have won a hat trick of awards in recognition of its CSR-related work in supporting refugees and asylum seekers. The firm won the 'Best Contribution by a Firm with a London Office' award at the 2016 Law Works Awards as well as the 'CSR Initiative of the year' category at the 2016 British Legal Awards for its work supporting Refugees at Home, a charitable organisation that connects those with a spare room in their home with refugees in need of accommodation.

Travers Smith LLP has advised management on the acquisition by Advent International of a majority ownership interest in V.Group Ltd. (“V.Group”), the world’s leading marine and offshore vessel management and support services provider, from OMERS Private Equity.

Travers Smith LLP has acted for Investec Bank plc in its capacity as sponsor, financial adviser, bookrunner and broker on the £94 million placing and open offer of new ordinary shares issued by Sanne Group plc.

Travers Smith LLP has advised HSBC Bank plc on facilities provided to support Inflexion Private Equity’s partnership capital investment in Outdoor Plus Limited.

Travers Smith is pleased to announce the publication of ‘Investing in Distressed Debt in Europe: The TMA Handbook for Practitioners’.

Travers Smith LLP has advised Shore Capital and Panmure Gordon in their capacities as sponsor and joint bookrunners and Stifel Nicolaus Europe (trading as Keefe, Bruyette & Woods) in its capacity as placing agent in connection with the £70 million firm placing and placing and open offer of new shares by Chesnara plc in connection with its acquisition of Legal & General Nederland Levensverzekering Maatschappij N.V. for €160 million.

Each year, the City of London Law Society presents a Lifetime Achievement Award to an individual who has made an outstanding contribution to the profession. Travers Smith is delighted to announce that its long-standing member and highly regarded financial services regulatory expert Margaret Chamberlain received the award this year. 

Travers Smith LLP has advised longstanding client Bridgepoint and management on the sale of Oasis Dental Care, the UK's leading private dental services provider to BUPA, in a transaction valuing the business at £835m.

Travers Smith LLP has advised longstanding client Clearbell Capital LLP on its acquisition of Belgrade Plaza in Coventry for £16m. This is the second mixed-use scheme in Coventry to be purchased by Clearbell on behalf of a fund it manages in two years following their acquisition of Earlsdon Park in 2015, which Travers Smith also advised on.

Travers Smith LLP has advised Livingbridge and management on the acquisition by Exponent Private Equity of a majority stake in ENRA Group.

Travers Smith advises Clearbell on its student accommodation scheme at the Riverwalk Durham.

Travers Smith LLP has advised longstanding client Bridgepoint and other selling shareholders on the £130m sale of 1st Credit to European credit management services group Intrum Justitia. The transaction is subject only to regulatory consent and is expected to complete in the first quarter of 2017.

Travers Smith LLP has advised a newco funded by longstanding client Bridgepoint Development Capital on its acquisition of Inspiring Learning from aPriori Capital and Ares Management for an undisclosed sum.

Travers Smith LLP has advised the UK arm of Qatari investment firm BTC on its purchase of the former Bow Street Magistrates' Court and Police Station site in Covent Garden with planning consent for a 100-bedroom luxury boutique hotel.