Freshfields and DLA lead on Sullivan and Gold's takeover of West Ham

Freshfields Bruckhaus Deringer, DLA Piper, and Jones Day have scored lead roles on the takeover of West Ham United FC. David Gold and David Sullivan, the former owners of Birmingham City FC, have bought a 50% stake in the Premier League club - valuing it at £105m - from asset management company CB Holding, whose major shareholder is troubled Icelandic bank Straumur. The bank will retain the other 50% of the club, although Sullivan and Gold do have an option to purchase the remaining stake. Freshfields advised CB Holding with finance partner Neil Falconer leading the firm's team, supported by finance associate Lauren Giblin.

Freshfields and DLA lead on Sullivan and Gold's takeover of West Ham legalweek.com Wed, Jan 20, 2010