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Shoosmiths wins panel appointment from Odeon Cinemas

UK law firm Shoosmiths has secured a place on Odeon Cinemas’ revised legal roster – and will provide corporate work to the national chain for the next two years.

Odeon Cinemas has reduced the number of law firms it works with from ten to three.

Odeon’s client partner Paul Batchelor said: “This is a great result for our corporate division, and Shoosmiths, to secure a spot on this large corporate group’s panel.

“We’re delighted to be continuing our relationship with Odeon and look forward to working with them for the next two years.”

Odeon Cinemas’ Group Chief Legal & Compliance Officer Chris Thomas said: We’ve been impressed with the support and advice from Shoosmiths and we are pleased that relationship will be ongoing. We look forward to working with Paul and the rest of the team at Shoosmiths.

Food waste tech company Winnow raises $20 million funding

UK law firm Shoosmiths’ venture capital team has advised cutting-edge tech scale-up Winnow on its latest financing of $20 million to fund further expansion and put its artificial intelligence into the hands of more chefs to fight food waste.

Winnow’s smart commercial kitchen technology is used by companies in more than 40 countries such as Ikea and major hotel chains including Sofitel, Club Med, Novotel and Hilton.

Winnow raised a series B investment round of $12 million with backing from new investors Ingka Investments – part of the IKEA family – and The Ingenious Group as well as existing investors Mustard Seed, D-Ax and Circularity Capital. In addition, an $8 million loan facility from the European Investment Bank (EIB), with the help of the Juncker Plan which boosts investment to generate jobs and growth, is being made available to Winnow.

The company estimates that it saves 23 million meals from the bin every year and customers typically cut their food costs with Winnow by between three and eight per cent.

Corporate partner, Steve Barnett, has advised the scale-up on its journey since 2014 and led on the deal along with senior associate, Adam Meisels and trainee solicitor, Alex Friston. Senior associate, Kacey Brown and solicitor, Sophie King from Shoosmiths’ banking and finance team advised upon the loan facility from EIB.

Steve Barnett said: “Having worked with Winnow’s co-founders Kevin Duffy and Marc Zornes for over five years, it is great to see the rapid adoption of their technology in the market to provide a solution to the pressing issue of commercial food waste. We wish Winnow every success in the next stage of their journey. This work shows the strength and depth of our venture capital and banking and finance teams and expertise in handling complex, cross-border investments.”

Co-founder of Winnow, Kevin Duffy said: “We would like to thank Steve and his team for their pragmatic and commercial legal advice, as we continue our mission to have a meaningful impact around the world on the food waste problem.”

Headquartered in London and with offices in Singapore, Dubai, Eastern Europe, Shanghai and the USA, the company’s raft of awards includes the overall ‘Winner of Winners’ award at the World Economic Forum in Davos.

Shoosmiths named 2019 National Law Firm of the Year

Chairman Peter Duff and CEO Simon Boss accepted the award on behalf of Shoosmiths at a glittering ceremony that took place at Grosvenor House Hotel in London, hosted by Sandi Toksvig, TV personality and writer.

The firm was also commended in the Best Client Service Innovation category for its Elite Advisory offering and shortlisted for Krugman 2 for the Best Collaboration Initiative.

The Lawyer Awards are the leading awards initiative within the legal calendar and the largest celebration of legal excellence in Europe.

The award for National Law Firm of the Year recognises the law firm that has made the most significant progress over the past year in advancing its strategy.

Judges said about Shoosmiths’ winning submission: “This exceptional winning entry showcased record financial results alongside a raft of new innovations designed to make life better not only for the firm’s clients through innovative tech-based solutions, but also for their employees with improvements in training, knowledge sharing and diversity.”

Simon Boss said: “It’s incredibly humbling to win this award, and it’s a massive recognition for everyone at Shoosmiths that we are truly delivering on our ambitious strategy of becoming the leading UK law firm through our continual pursuit of excellent client service.

“I’d also like to congratulate our Sports Division for its well-deserved commendation and all of our team involved in the collaboration that lead to our nomination for Best Collaboration Initiative. We’ve always said that we place our clients at the heart of everything we do, and we are continually evolving and innovating in this space, delivering new methods of working that bring real added-value and tangible benefits to our clients.”

It was a night of true celebration for Shoosmiths as the firm was also recognised for its other two award submissions by being:

Shortlisted for the Best Collaboration Initiative for Krugman 2, an open, supportive and collaborative working space to think about what a client might need that Shoosmiths could help them with.

Commended in the Best Client Service Innovation for Elite Advisory, a private client advisory service to manage the affairs of professionals and entrepreneurs in sport, media and entertainment.

If you would like to find out more information, please visit https://www.shoosmiths.co.uk/