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Briefing Notes
Energy & Tech
CPP Investments and Elia Group acquire 1.8 GW Tarchon North Sea interconnector project from Copenhagen Infrastructure Partners for approximately C$1 billion
Regulated HVDC interconnectors give pension funds the long-duration, inflation-linked returns they need, but development-phase risk means legal work starts a decade before revenues do.
AI & Law
Legora acquires UK litigation AI start-up Wexler in fifth acquisition this year, integrating fact-verification technology used by Clifford Chance, Goodwin, and Herbert Smith Freehills Kramer
When Magic Circle firms are already clients of a litigation AI start-up, the technology has crossed from experiment to operational dependency.
M&A
Greenlight Bidco publishes Scheme Document for recommended cash acquisition of AIM-listed Gooch and Housego, with shareholder meetings set for 26 August
AIM take-privates via scheme of arrangement require two shareholder votes plus court sanction, making the procedural timeline as legally intensive as the deal itself.
Banking & Finance
Wendel reports solid H1 2026 results as its third-party asset management platform reaches EUR 48.7 billion AUM following acquisition of Committed Advisors
AUM aggregation through acquisition lets European holding companies monetise management fee streams rather than just balance-sheet NAV.
Regulation
FCA Finds Major Anti-Money Laundering Control Gaps at Alternative Asset Managers
AML gaps at alternative managers mean regulatory risk has caught up with fundraising growth.
International
Pharos Energy shareholders set for 17 August court and general meetings as scheme document published for recommended all-cash acquisition by Ratio Petroleum
Locking up 41 percent in irrevocables before publishing the scheme document turns a shareholder vote from a risk into a formality.
Capital Markets
Jersey Mike's prices its NYSE IPO at $23 per share as JMKE, with trading expected to begin today
Consumer-brand IPOs rely on franchise revenue visibility to attract institutional book demand at pricing.
Disputes
Nigeria's Maritime Minister calls on judiciary to prepare legal frameworks for autonomous ship liability and digital shipping disputes at national judicial seminar
Autonomous vessel liability is the maritime law equivalent of driverless car liability: the technology exists before the legal framework catches up.