Related insights: Corporate

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WBD advise on part VII transfer of Arch Insurance EEA business

04 Jan 2021
WBD has advised on the Part VII transfer to Arch Insurance (EU) dac of insurance business carried on by Arch Insurance (UK) Limited (excluding inwards reinsurance business) within the European Economic Area. This took effect on 31 December 2020, following the receipt of sanction from the High Court on 18 December 2020.
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WBD advises Vertu Motors plc on new acquisition

07 Dec 2020
Womble Bond Dickinson (WBD) has advised Vertu Motors plc, a leading automotive retailer in the UK, on its c£18.7 million acquisition of BMW, MINI and Motorrad dealerships in Durham, Malton, Sunderland, Teesside and York from Inchcape. The acquisition expands the group into a new division, adding BMW and MINI to its existing offering.
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Upcoming changes to CfD Scheme for AR4 onwards

02 Dec 2020
On 24 November 2020, BEIS published the consultation decision on the proposed amendments to the Contracts for Difference (CfD) scheme. The fourth allocation round (AR4) of Contracts for Difference will open late next year, and BEIS has announced an expansion of the CfD scheme to a capacity of 12GW, more than doubling the 5.8GW offered at AR3 in 2019.

Womble Bond Dickinson advises on MBO of Nigel Wright Group

13 Nov 2020
Womble Bond Dickinson has advised the management team on the management buy-out of recruitment firm Nigel Wright Group. The MBO was the result of a wider corporate restructuring exercise which was supported by the existing majority shareholders Baird Capital Partners Europe Ltd and senior lender Beechbrook Capital LLP, who both remain involved with minority stakes.