Agenda
Contributors
Clifford Chance acquires Carillion volume business
Uncertainty over the future of Carillion Advice Services (CAS) has ended after Clifford Chance (CC) went ahead with a surprise takeover of the in-house legal arm for an undisclosed sum. Newcastle-based CAS was put up for sale after its parent Carillion collapsed in one of the largest UK insolvencies for years. CAS has a team of 60 paralegals specialising in services such as document review, due diligence, e-disclosure and litigation support. The business will be fully integrated within CC, with CAS director Lucy Nixon reporting to CC’s client services solutions global head Oliver Campbell, as well as UK managing partner Michael Bates. CAS was originally inherited by Carillion in 2011 as part of its £300m acquisition of energy services company Eaga.
