Corporate and Commercial

Our key experience includes advising:

The UK Government on the privatisation of the electricity and gas industries; on the restructuring of British Energy, including credit facilities provided by the UK Government and arrangements for the UK Government to take over responsibility for British Energy's historical nuclear liabilities; and on the financial difficulties of Northern Rock.

The Department for Transport on the public/private partnership for National Air Traffic Services.

Bertelsmann, the German media group, on a music publishing joint venture with Kohlberg Kravis Roberts.

GlaxoSmithKline on its agreement with Pfizer to create a new world reaching HIV company.

Cazenove Group on an investment banking joint venture with JPMorgan Chase and then on the subsequent transaction under which the investment banking joint venture became wholly owned by J.P. Morgan.

Marks and Spencer, Whitbread, John Lewis and ITV on their pension funding arrangements.

Charter on the change of its corporate structure and tax residence.