Baker Botts L.L.P., a leading international law firm, announced today that it represented Upside Energy (“Upside”) in Series A investment by SYSTEMIQ, Legal & General and Modern Energy.

Upside is a Manchester-based company that has developed a cloud platform that uses advanced algorithms and artificial intelligence to coordinate connected devices to deliver valuable flexibility services to the energy system.

On 29 December 2017, advised by King & Wood Mallesons (KWM), Baidu Online Network Technology (Beijing) Co., Ltd. and Beijing Baidu Netcom Science Technology Co., Ltd. (collectively “Baidu” ) achieved its first success in the first instance over a series of high-profile patent infringement litigation cases regarding input method (the “Case”) in Shanghai Intellectual Property Court.

Eversheds Sutherland has advised new client TDKP Limited (Moneypenny) on its acquisition of Made Simple Group (Made Simple).

Moneypenny is the world's leading provider of telephone answering, outsourced switchboard, Live Chat and customer contact solutions.

Made Simple is home to a range of products dedicated to providing online solutions to the start-up and small business communities, such as company formation, virtual offices, website creation and most recently a co-working space in central London. 

On 29 December 2017, advised by King & Wood Mallesons (KWM), Baidu Online Network Technology (Beijing) Co., Ltd. and Beijing Baidu Netcom Science Technology Co., Ltd. (collectively “Baidu” ) achieved its first success in the first instance over a series of high-profile patent infringement litigation cases regarding input method (the “Case”) in Shanghai Intellectual Property Court.

Cooley advised the management team of publisher Law Business Research (LBR), a leading provider of research news, data and insight on international business law and legal markets, on its sale to Levine Leichtman Capital Partners. Cooley private equity partner Stephen Rosen led the team. The deal saw private equity firm Bowmark Capital, which acquired LBR in 2013, exit the business.  

Macfarlanes has advised the management team of UK-based IT services company Northgate Public Services Limited on its £475m sale to Japanese multinational NEC Corporation from private equity firm Cinven.

Eversheds Sutherland has advised new client TDKP Limited (Moneypenny) on its acquisition of Made Simple Group (Made Simple).

Moneypenny is the world's leading provider of telephone answering, outsourced switchboard, Live Chat and customer contact solutions.

Made Simple is home to a range of products dedicated to providing online solutions to the start-up and small business communities, such as company formation, virtual offices, website creation and most recently a co-working space in central London. 

Shearman & Sterling is advising Altice USA (NYSE: ATUS) on the announced separation of Altice USA from Altice N.V. (Euronext: ATC, ATCB). The separation will enable each business to focus more on their distinct opportunities for value creation and ensure more transparency for investors.

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised the independent directors of the Board of Directors of Altice USA Inc. in connection with its separation from Altice NV, which will now be renamed Altice Europe.

In the latest of a series of Lloyd's and London market broker deals, the RPC team has advised Citynet, the Lloyd's of London broker, and the selling shareholders, on the deal announced in December with Carlyle-backed PIB Group.

The RPC team was led by James Mee, Head of Corporate Insurance and Financial Services, and David Wallis, Partner in the private equity team specialising in financial services transactions.