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The Dealmakers


£600m deals spree for Dickinson Dees

Aug 8 2007

by Rebekah Ashby, The Journal

 

A NORTH law firm has closed five deals in as many weeks, worth more than £600m.

Newcastle-based Dickinson Dees closed five public-private partnership (PPP) deals worth £615m. They include major projects for the Government’s national PFI and BSF schemes, in the education, emergency services, health and libraries sectors.

Partner and head of the projects team Tim Care said: “The size, geographical reach and combined value of the deals closed by the projects team within the five-week period represent a phenomenal achievement for the firm. The team has an outstanding national reputation for public sector expertise, and the deals reflect the capacity the team now has, as well as the scope of the counsel we’re providing.

“We are advising on some of the most important projects currently in progress in the UK, and the team is now recognised as a national expert on deals in the PPP sector.

“Our work with both the private and public sector organisations in these deals means that we are able to understand the needs and requirements of all parties involved in the schemes and translate these into effective advice throughout the duration of the project.”

In week one, Dickinson Dees advised Mid Yorkshire Hospitals Trust on its £300m PFI project. This was led by partner Tim Care and will fund two new hospitals at Pinderfields General Hospital, Wakefield, and Pontefract General Infirmary.

Next, the team advised Newcastle City Council on a £40m PFI project to rebuild Newcastle Central Library and a branch in High Heaton, which will provide ICT facilities to the public. This was led by partner Iain Greenshields.

Dees provided legal advice to Newcastle City Council on the first BSF scheme in the North-East to be signed. At £180m it is the biggest ever investment in schools in the city, which will transform teaching and learning. The project was led by Kevin Robertson, partner and national expert on BSF

The firm advised Barclays on a local improvement finance trust worth £30m. Led by partner Russell Jarvis, this deal will provide improvements in Primary Care Trust facilities in Bury, Greater Manchester

Finally, a team led by Russell Jarvis has also advised Nationwide Building Society on a £65m PFI for Dorset Emergency Services Partnership Initiative.

 

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The Dealmakers

£600m deals spree for Dickinson Dees Aug 8 2007
A NORTH law firm has closed five deals in as many weeks, worth more than £600m. Newcastle-based Dickinson Dees closed five public-private partnership (PPP) deals worth £615m. They include major projects for the Government’s national PFI and BSF schemes. more

Law firm has the recipe for caterers’ success Aug 8 2007
LAW firm Gordon Brown Associates has cooked up a deal to help two former international sportspeople bring a taste of Scotland to Tyneside. Martin Donnelly, commercial property lawyer at the firm, based in Chester-le-Street, County Durham, helped the new owners set up Wee Mac’s Café and Takeaway in Hobson, near Burnopfield. more

Fast growing pensions team is bolstered by new recruit at city firm Aug 8 2007
THE fast-growing pensions team at law firm Ward Hadaway has taken on another new recruit after enjoying its best ever year. more

City libraries project one for record books Aug 1 2007
LAW firm Dickinson Dees has provided legal advice for a £40m PFI project to rebuild two Newcastle libraries. The firm was selected by Newcastle City Council to consult on one of the largest PFI deals ever undertaken in the libraries sector. more

Strength of design should be savoured for decades Aug 1 2007
WATSON Burton’s construction department advised Tolent Construction and Ryder Architecture Ltd on the £40.2m agreement to redevelop Newcastle Central and High Heaton libraries. more

‘It mattered as much to them as to the clients’ Aug 1 2007
A LONDON company buying a £42m business park in Surrey has been advised by Watson Burton, of Newcastle. more

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